Intro & Strategy

 Hi Friends

                I am Biswa Ranjan, a part time stock trader. I use candle stick charts with some indicators to select my trade. I do not have any formal education of stock trading. I am a retail trader and my source of knowledge is Internet. As the name suggests till today I am a failed trader as I made more losses than profit in stock market.

                For the year 2021-22 I planned something different. I will trade with only one strategy for the entire year and will post all my trades in my newly created Blog. You must have heard the quote "If U win U will lead & if U fail U can guide". 

                I hope that my failure story will guide some traders.

My strategy for 2021-22   

Candlestick reversal from

1)Price support

2)RSI Support(Rsi near 40)

3)50 period Simple Moving Average Support

4)200 period SMA < 50 period SMA

I will use 1 Hour time frame and all of my trades will be in Cash Market hence only BUY trades.

Jay Jagannath

Have a nice day