For being a profitable short term trader you should first look at those stocks which have a “BUY” signal in the midterm. This will increase the probability of gains.
Trading is primarily driven by two strategies.
- To buy at breakouts.
- To buy after corrections.
Buying at breakouts
If the signal combination for both short term and midterm is showing “BUY”, it clearly reflects breakout and hence one can go ahead and buy the script
Leveraging from corrections
| Short term | Midterm | Interpretation |
| WAIT (when the signal has changed from SELL to WAIT) | BUY | buy: when short term changes to BUY |
| WAIT (when the signal has changed from BUY to WAIT) | BUY | Book profit if bought in past |
Using Stop loss function
Once you have identified which Script to buy, you should next take care of your investment against any unforeseeable losses on account of market fluctuations.
Therefore, use the short term “stop-loss” which has already been mentioned in the “Cycle” app.
Please refer to How to use Cycle tutorials for learning how to make better decisions for short term investments with the help of various signal combinations along with CRS score, stop loss and reversals