Stock picking checklist

Hello everyone! What are all the checklists(patterns, volumes, indicators, dow formstions etc)you follow before you select stocks for position trading??

Position trading is a common trading strategy where an individual holds a position in a security for a long period of time, typically over a number of months or years.

Position traders ignore short-term price movements in favour of pinpointing and profiting from longer-term trends.

Checklist for stock selection -

  1. Trade Only in Liquid stocks
  2. Stay Away from Volatile Stocks
  3. Trade in Good Correlation stocks
  4. Follow the Market Trend before deciding the Right Stock
  5. Pick the stock you are most confident in after Research

Also Read - Best ways to pick stocks

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