A trader targets 25 highly popular stocks he calls "sugar babies" that have repeatedly moved 40-50% in five to six days. He enters on breakouts or pullbacks using a setup derived from an "EP" concept.
Approximately 25 stocks.
Around 40–50% moves (speaker emphasizes 50% moves).
About five to six days.
For the last two years.
On top of this, I have another setup which I developed based on ep, where I found that there are certain stocks which continuously, for whatever reason, the market catches fancy of those stocks, or those stocks are the most popular stocks in the market. So they tend to have these lot of 40, 50% moves of short duration, five to six days in a year. So I call them like basically sugar babies, which is a variation of the same EP concept. But this is like I track 25 stocks which have shown continuous tendency for the last two years to make this 50% move in a short period of time. And then every time they break out or every time they give you a pullback opportunity, I get into them.
