Meet @FlamingoTrader_ A 20-year-old upcoming trader from Gujarat. Also his strategy. He mostly trades in BTST and sometimes in STBT

He read many books, and reports and is using Darvas Box Theory.

Here are some notes ( with my limited understanding)

Strategy

a) Finds 52 Week High Stocks
b) or stocks that Doubled in year
c) Volume Should be High - 20 ma of Vol
d) Darvas Box - Indicator or Manual

e) If stock Makes High, Then doesn’t break high for 3 days or more, Then makes low and doesn’t break for 3 days or more. It doesn't break low considering the first candle low as low. It's called Darvas box.

f) Whichever side breakout comes, is called Darvas Box Breakout.

g) Also sees Japanese Candlesticks, it increases breakout.
h) At 3.10 to 3.20 closing should be outside the box.
i) Also consider Bollinger Band Breakout
j) Also consider Market Trend

Simple, but it works for him. You can ask if you have any queries to him,

Option Buying Setup!

The Ultimate List of Trading Mistakes I have committed.

A long thread. Read on.

Which mistakes have you committed?

1) Strategy Hopping: Changing Strategy as soon as I got a series of losses. Sometimes faster than changing daily clothes. What about you?

2) Trading without knowing the rules of the market:

a few examples

a) Change in lot size
b) Not knowing the margin
c) Not knowing how Options settle

Sounds Familiar?

3) No Backups

One should be prepared for unknown events, like having 2 internet lines, 2 laptops, 2 brokers, etc

4) Not expecting the worse

Remember

PNB Scam
Air Strike
A big leader dying

Anything can happen, that's why keep stop-loss in the system.

9 Websites for FNO Traders ( * = I use)

https://t.co/sYysUKJ8UF *
https://t.co/3jpbgaUo0u *
https://t.co/rAZy6F3z2f
https://t.co/tkfoVWmDXe
https://t.co/tjkVFMLud0
https://t.co/tqqja3KIx9
https://t.co/lmrx7gClQd
https://t.co/HZtIaZubOb
https://t.co/wWgtdIqNsI *

Retweet!

Some Simple Rules for Option Buying Setup!

You can change them as per your comfort.

Simple Rule based Option selling in

A simple way to trade stocks is to score all the factors you consider important. ( example below)

Also, consider multiple time frames.

Trade-in stocks which are in top of table (bullish) or bottom of the table ( bearish)

Comments?

Download: The Simple Guide to RSI.

A Simple 12 pager guide!

Retweet to get the guide in DM

Learn

What is RSI
Its Importance
How to use RSI
Multi-time Frame RSi
Breakouts using RSi
Reversal using RSI
Examples

Retweet and I will send you the link in DM

@yogeshnanda1

Can send to first 1000 ( twitter limit)

A thread on ( read full)

Why practice is very important in trading.

The mind has limited power,

Can process only limited information at a given time,

Do you agree?

Example below

Find in 1 second all 3 numbers that are missing.

1 2 3 4 5 6 8 9 10 11 12 13 14 16 17 18 19 20 21 22 23 24 25 27 28 29 30.

...read on

Was easy?

Shana banta hain!

Now solve next one, i challenge you

Now find 3 numbers that are missing here

3 1 2 5 6 8 9 10 11 13 12 18 16 14 17 20 19 22 21 24 25 26 29 28 30 27, 23 ,15

Lol

Were u able to find 3 missing numbers in 1 second?

Too much information to process in one second!

BTW There are only 2 missing numbers.

😂, I did it purposefully, sorry lets move on

Which book has changed your trading?

Which ETF gives best exposure to nasdaq

Fno Tools for Fno Traders.

https://t.co/sYysUKs5SF
https://t.co/3jpbgbcxeC
https://t.co/rAZy6FlIgn
https://t.co/tkfoVW5AVe
https://t.co/tqqja42RLh
https://t.co/lmrx7gliOd
https://t.co/HZtIaZd8Mb
https://t.co/I0sFBGrAve
https://t.co/XU6cS12BrA

A few things that we shared recency

a) Vwap Guide : https://t.co/OZOom4RrLx
b) RSi Guide : https://t.co/aL5nNHSoPq
c) 786 MF Guide : https://t.co/612qeG976s
d) 4381 Companies data : https://t.co/Y8tesKmGN6
e) 920 Straddle data for 2021:

Twitter has 1000 dm per day message limit, so i miss out sending via DM if limit is crossed.

But i also post them online after sometime.