I am trying to invest my money on an ongoing basis.
- I have divided my money into 10. I have 10R
- I analyze the stock market and decide the positions with high volume stocks daily.
- I have around 20 picks and shortlist them due to their daily candlestick patterns
- Every investment is at the size of R.
- I place a stop loss at r/10
- I place a take profit at r/200
- Every time I make a profit I automatically open a new position.
- I try not to leave the money in the market and close it before the day closes if I am profiting from the trade.
I would love to get feedback on this style.
Thanks, stay safe
PS: I do use an automation system to reopen the positions on an ongoing basis. Every time I lose 10 percent I do reevaluate my position.
submitted by /u/rifaterdemsahin
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source https://www.reddit.com/r/StockMarket/comments/ggfefp/strategy_analysis/
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