Week 4 update: Account value up by 10.4%.

Previous update: [https://www.reddit.com/r/IndianStockMarket/comments/1hj9mto/week\_3\_update\_swing\_trading\_with\_1l/](https://www.reddit.com/r/IndianStockMarket/comments/1hj9mto/week_3_update_swing_trading_with_1l/) \-------------------------- ***Week 4 update: Account value up by 10.4%.*** Weak market conditions but the strongest stocks continue to move sideways resisting correction. Only one order was executed this week. I am not even screening stocks for new trades until breadth shows improvement. The biggest winners so far are PGEL, Kaynes and Dixon to name a few. https://preview.redd.it/nb43u6qs5t9e1.png?width=2200&format=png&auto=webp&s=16ae2f089f98789e256a27c8eed6c15e25dc55d6 \---------------FAQ--------------- **How I am screening for stocks:** I am using a screener to look for stocks above their 50MA with a volatility contraction over the last 4 days and at least a 30% growth in sales in the latest quarter. The stock must already be in an uptrend and in the top 50% of its current base. I will not buy a stock if it has already broken out of a base recently and moved more than 20%. To find the best stocks out of the results, I look at the strongest sectors and give preference to the strongest of the lot. For instance, currently realty stocks have been very strong and they get first preference. Here are my chartink screeners: https://preview.redd.it/ud0oskk46t9e1.png?width=2196&format=png&auto=webp&s=2b528226787e08bbd5f3f3f6169a6a9f67a256e6 https://preview.redd.it/8j6vfdv26t9e1.png?width=2196&format=png&auto=webp&s=61f1ee65d6f78915051027180da9373d11384158 **How I am buying:** I am using only GTT orders on this account, buying a stock as it breaks out of the contraction. I set 2-3 GTT orders in a day (if I am looking to take a new position the next day). **How I am selling:** I place a GTT stop loss while placing the buy order itself. The stoploss is trailed every day depending on the moves in the stock. Every big move after entry brings my stop to the low of that day, and every shakeout does the same. The stop loss does not get trailed until I have achieved at least 2x of the initial stop loss % in gains. **My backtest results:** https://preview.redd.it/w9r779wb6t9e1.png?width=1080&format=png&auto=webp&s=a34a28cf9a48d29877044ecf7269c4c50869d024 \-------------------------- Feel free to ask questions and share your thoughts.