There are almost 90% of traders who realize that stock selection is also a matter after failing in the market. How you choose stocks decides whether you will stay in the market or exit the market after 5 to 8 months of starting trading. First ask yourself how to search shares for trading and Gererate Passive Income. why I purchase this share?
It may be that there is some news about that share, or it may be that the share is just rising so you are buying it, or it may be that there is no special reason for choosing the share. We just have to trade and gererate passive income.
Search Shares for Trading and Generate Passive Income
How to Normal Investors generally Search shares for Trading ?
Every professional trader knows at what level a common investor will invest? Yes, it is no secret at what level you buy shares. Because the common investor has no knowledge of “market sentiment”. There is very little information about which direction the market is going. A common investor goes for research after investing.
Normal Invester actively connect to social platforms where information about shares are given by any user, the authenticity of which was neither confirmed by the website nor could the person giving the information himself. Master and Profitable traders used to trade under a trading plan after doing professional level research. Every successful trader “trades according to a plan” and plans his trades with research before each trade.
Trading Plan for a Master & Profitable Trader (Professional Research)
We are going to understand the professional research how to search shares for trading and Gererate Passive Income by master and profitable traders. Presently, we focus on the first point of trading plan i.e. stock selection. Stock selection is useful in intraday trading, swing trading, scalping and position trading. Also, if you want to invest, it will be easier for you to keep track of the price movement.
5 Basic Professional Methods of Search Shares for Trading and Generate Passive Income.
- Most Active Shares
- Trending Stocks
- Top Gainers and Losers
- Sector Wise Scan
- Heat Map
1. Most Active Shares for Trading
The stocks that have seen the highest trading volume throughout the day are called the most active stocks.
We can see the most active stocks from NSE, Money Control and Investing.com website.
2. Trending Stocks
Those trending stocks which always trade with high trading volume are called trending stocks. Because these stocks are attract the most attention. Sudden changes in volume can help identify positive or negative trends.
3. Top Gainer and Losers
Stocks whose prices have increased or decreased by the largest percentage during a single market trading day. In other words, we say that during market closing, the price of a profitable stock or a weak stock is higher or lower than the opening or closing time of the previous trading day.
4. Sector Wise Scan
If the market is going up or down due to which Nifty is up or down, you can see which sector is rising or falling more today, you can choose the shares of that sector and buy or sell.
5. Heat Map
A strategy that is used in financial analysis to such as stock prices, trading volumes, or market trends. Heat maps allow analysts to quickly identify patterns and trends in data by using colors to represent values, helping to make better investments.
When the market is about to close, you track the Nifty 50 stocks that have fallen the most during the day and buy them 15 minutes before the market closes for the next day. It is 90% sure that the next day the share will gain and you will definitely be in profit. Follow these strategy and search shares for trading and Gererate Passive Incom
