KPI GREEN ENERGY LTDLargo
12134 Intraday pick - Cup and handle pattern breakout
Trade Thesis
a) Bullish kicker set up
b) Closed in upper circuit indicates the super bullishness
c) vwap breakout with gap up closing.
d) SL compulsory
e) Any gap down below 797 invalidates the set up
g) Gap up more than 3% also invalidates the set up, but intraday movement, when touches to 800 level can be considered for long with candle stick evidence
g) Cup and handle pattern breakout
Trading mindset requirements
a) Events and thoughts: Events do not drive us, but thoughts do.
b) Non-emotional process and mindset: Results of any trade should not induce emotions
c) The Pomodoro Technique: Work in short bursts (e.g., 25 minutes) followed by a short break (5 minutes). This can maintain high levels of focus.
d) Set Specific Goals: Instead of vague goals like 300$ or 1% as daily profit target and daily loss limit for intraday.
e) Visualize Success: Picture yourself achieving your goals. This can boost motivation and commitment.
e) Identity-Based Goals: Rather than focusing solely on outcomes, align your goals with your desired identity like I am short-term swing trader or intra-day trader or option strategist etc.
g) Grounding Techniques: Use the 5-4-3-2-1 method: identify 5 things you can see, 4 things you can touch, 3 things you can hear, 2 things you can smell, and 1 thing you can taste for managing the anxiety.
h) Reframe Negative Thoughts like Instead of thinking, “This is overwhelming,” try, “This is a challenge I can manage.”
i) Listen actively, what the chart is telling to you, this helps to strengthen the bonds for understanding the market.
g) Express Gratitude regularly to the market - what you have gained from the market - like experience, mindset management, big profits, small losses and overall financial independence etc.
i) Regularly do positive affirmations: These statements will boost confidence and self-image.
h) Attach a new habit to an existing one in your daily routine.
j) Limit the choices will help to make firm decisions, simplicity, and improve satisfaction. One or two intraday trades per day. Less is more. this leads to decision making skills. otherwise many options will lead to indecision and confusions.
k) Delay Gratification: Practice waiting before making impulsive decisions which allows to cool the head
l) Smile many times a day will not only boost your mood but can influence the your trading decisions.
m) Gratitude Journaling: Regularly write down things you re thankful and it will improve overall outlook of life.
a) Bullish kicker set up
b) Closed in upper circuit indicates the super bullishness
c) vwap breakout with gap up closing.
d) SL compulsory
e) Any gap down below 797 invalidates the set up
g) Gap up more than 3% also invalidates the set up, but intraday movement, when touches to 800 level can be considered for long with candle stick evidence
g) Cup and handle pattern breakout
Trading mindset requirements
a) Events and thoughts: Events do not drive us, but thoughts do.
b) Non-emotional process and mindset: Results of any trade should not induce emotions
c) The Pomodoro Technique: Work in short bursts (e.g., 25 minutes) followed by a short break (5 minutes). This can maintain high levels of focus.
d) Set Specific Goals: Instead of vague goals like 300$ or 1% as daily profit target and daily loss limit for intraday.
e) Visualize Success: Picture yourself achieving your goals. This can boost motivation and commitment.
e) Identity-Based Goals: Rather than focusing solely on outcomes, align your goals with your desired identity like I am short-term swing trader or intra-day trader or option strategist etc.
g) Grounding Techniques: Use the 5-4-3-2-1 method: identify 5 things you can see, 4 things you can touch, 3 things you can hear, 2 things you can smell, and 1 thing you can taste for managing the anxiety.
h) Reframe Negative Thoughts like Instead of thinking, “This is overwhelming,” try, “This is a challenge I can manage.”
i) Listen actively, what the chart is telling to you, this helps to strengthen the bonds for understanding the market.
g) Express Gratitude regularly to the market - what you have gained from the market - like experience, mindset management, big profits, small losses and overall financial independence etc.
i) Regularly do positive affirmations: These statements will boost confidence and self-image.
h) Attach a new habit to an existing one in your daily routine.
j) Limit the choices will help to make firm decisions, simplicity, and improve satisfaction. One or two intraday trades per day. Less is more. this leads to decision making skills. otherwise many options will lead to indecision and confusions.
k) Delay Gratification: Practice waiting before making impulsive decisions which allows to cool the head
l) Smile many times a day will not only boost your mood but can influence the your trading decisions.
m) Gratitude Journaling: Regularly write down things you re thankful and it will improve overall outlook of life.
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