|Cyclical Stocks in Intra, BTST, Client Mode, short Term|
Avoid industries where competition from new entrants is heating up.
Identify the best companies in the industry using fundamental analysis.
Narrow down the ones with the healthiest balance sheets and cost-conscious managements.
Eliminate those with debt to equity higher than 1.
Don't pay more than 1.5 times book value.
Invest for the long term (3-5 years) to let the cycle play out.
This is not an exhaustive list. But it is more than enough to place you head and shoulders above most investors.
"A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting." - Warren Buffett