MaxWing Retail Trading Framework - fly with guts

A panoramic SWOT study comprised of stable positives distributed across both financials & technicals can result in maximum likelihood prosperity; either organic or chaotic depending on EMH. Screening Criteria: Earnings Above Linear WMA | Generative Growth | Fundamental Precursor | Defensive Debt & Negligible Pledging | Consistent Cash Flow Yield | Rational Valuations | No Double Divestment | Rs. 5Cr Liquid Lake. Below are some tips to have a bird's eye view on relevant screener columns, backtesting methods for conviction and exit strategies to safeguard accumulated gains. Vantage Point (Screener Pro): 200 DMA, 6m return, 1y return, Market Cap, Promoter Holding, Pledge, Piotroski, G-Factor, PEG, PE, Industry PE, PB, Industry PB, Price to OCF, Price to FCF, ROE, ROCE, ROA, ROIC, CROIC, OPM, NPM, Latest & 5y CAGR Profit & Sales Growths, Debt to Equity, Debt to Profit, CWIP to Fixed Assets, Latest & Expected Qtr EPS, 12m EPS, Latest & Expected Qtr OP & NP. For Conviction: Replicate an equivalent screener in Trendlyne Pro, discretely alter stringent conditions for screening sufficient stocks in previous decade, apply 1 bonus condition (PEG < 2 * Industry PEG), now use the live rewind feature and do forward performance testing. Next up clone this screener and remove conditions that are incompatible with their automated backtesting feature, set rebalancing frequency to quarterly, choose all stocks universe, select an appropriate benchmark (ex: Nifty Midcap 50), leave max stocks option, run the tests and observe the results! Also experiment with additional parameters available in Trendlyne that collaborate well with this screener. (Ex: Higher than average delivery volumes and higher than average delivery volumes as a % of volumes on a 3-6 months duration combined with complimentary price movement during the same period). Shortlisting: Use Sector Rotation and Delivery Analytics feature in StockEdge Pro to eliminate further. Risk profiling: Eligible to trail along a 20-period volatility stop with multiplier 2.5/2 on W/M timeframe.

by Izaya