52 Week High Breakout Trading Strategy | Buying 52 Week High Stocks | Simple Trading System

In today's episode of The Right Choices with Oracles of Dalal Street we're in conversation with Sovit Manjani. He will guide us through his 52 Week High Breakout Trading Strategy. He believes that retail investors can easily trade with this strategy in the markets and continue their routine jobs or profession. Sovit begins this conversation by sharing the objective of his strategy. His objectives are as follows: • The System should beat its benchmark CNX 500 Returns by a substantial margin • It should have lower Risk then Nifty 50 • It should make our ideal cash work • It should be easy and workable for a layman • It should have minimum Entry Rules and Exit Rules • It should have Zero Risk of Ruin Sovit moves ahead and shares his strategy that is based on the above objectives. He shares entry, exit, liquidity and position sizing rules of this strategy in this episode. We're certain that you will be truly amazed with the simplicity of this strategy and its effectiveness. The 52 Week High Breakout Trading strategy is one of the simplest form of trend following strategy and with this episode you will learn to implement it in your day to day trading. It’s a must have in your trading arsenal. -------------------------------------------------------------------------------------------------------------------------- Open a Free Demat Account https://www.samco.in/home/samco_regis... -------------------------------------------------------------------------------------------------------------------------- Timeline:- 0:00 Introduction 2:43 Sovit's journey in markets 5:09 Mistakes Sovit did in his early market days 8:05 Journey of simple accountant to a successful systems trader 11:48 Drashta Long Term System by Sovit 12:06 Disclaimer 13:07 Types of strategies 15:54 Trend Following strategy 16:48 Mean Reverting strategy 17:37 Objective of the strategy 23:13 1st Rule- Rise from the Bottom Hypothesis 26:26 Example:- Adani Green chart 27:43 2nd Rule- Near to Yearly High Hypothesis 30:00 Quote by Jesse Livermore 30:54 3rd Rule- Liquidity Hypothesis 33:14 Exit Hypothesis 37:53 Putting all rules together 39:31 Position Sizing Hypothesis 43:57 Highlights and glimpse of next episode About Sovit Manjani: Sovit is the co-founder of ‪@Trading_Heads‬ and Equanimous Edge. He designs trading systems based on technical indicators for stocks, indices and single stock futures. He has been consistently profitable since 2017 in his personal account with CAGR of 41%. Sovit started his career as an accountant and left his job in 2015 to become a full time trader. He is a Chartered Market Technician (CMT). He also teaches technical analysis to CMT students. Apart from markets, Sovit takes deep interest in Vipassana meditation. About The Right Choices with Oracles of Dalal Street: The Right Choices with Oracles of Dalal Street is hosted by Apurva Sheth. He is the Chief Markets Editor at Samco. He has more than 11 years of experience in financial markets. Our show focuses on curating actionable and insightful strategies from real-world stock market heroes. Our guests have been successful in markets and are willing to share their insights with you. Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our YouTube channel. For more updates on the stock market and mutual funds do consider subscribing to our YouTube channel by clicking here -    / @samcosecuritiesindia   You can also follow us on: Facebook -   / samcoindia   Instagram –   / samco_india   LinkedIn –   / samco-securities-limited   Twitter –   / samco_india   Private Telegram Group - https://t.me/tradeflixbysamco #TheRightChoiceswithOraclesofDalalStreet #SAMCOSecurities #ApurvaSheth #stocknote #markets #investment #trading #simpletrading #strategy #fundamental #accountant #charts #adanigreen #stocks #share #sharemarket #money #cash #profits #CNX500 #nifty50 #nifty500 #sensex #stockstowatch #therightchoicesshow