#TrendFollowing
#SystemTrading
#StopLoss

In TrendFollwoing, We Look To Enter Trade & Keep Holding as Long as It is in Our Favour. Initial Stop Loss Is Important Part of System Trading.
How To Decide What Should Be Initial StopLoss? (1/n)

VWAP starting with day open candle is quite popular

Try #VWAP with period for change where period equal to number of bars in trading day. Acts as magnet for Intraday Mean Reversion moves

Exibit- Banknifty of last 2 days

#INDIAVIX print above 35 has been good time for investment in last 10 yrs of Market

Feb VIX printed 30 . If it spikes further in March, can be good time for catching falling knives in Stocks.

#SPX approaching very important turnaround zone

3 Yrs SMA which is repetitive support & AVWAP from Pre-pandemic High / Pandemic low

This could be final selling around 3700-3800 zone for this leg of sell-off before counter trend rally for 4-8 weeks

#BollingerBand Squeeze Breakout

Sharing An Entry Set-up For Cash Market Since Cash Market Is Running Hot Currently

Bollinger Bands Are Volatility Bands with Centre line, Upper & Lower Band

Centre Line Is Simple Moving Average

Default Is 20 Period Simple Moving Average

Upper & Lower Bands are constructed by Adding / Subtracting Standard Deviation Values from SMA

Default is 2 Standard Deviation Away from 20 SMA for Upper & Lower Band

During Trending Phase, Bollinger Bands generally expand as Standard Deviation Expands in Trending Phase

During consolidation standard deviation drops, causing Upper & Lower Bands to contract towards centre line

This Gives the look like bands are getting squeezed, hence the name Bollinger Band Squeeze Breakout

Entry Setup occurs as below:

1. After Good Rally, Price takes pause, goes in consolidation of few weeks, typically 3-8 weeks

2. Bollinger Bands tighten or Squeeze, indicating volatility contraction

3. While bands are in squeeze, price rises to Upper Band

4. After Touching Upper Band, Price is Rejected

5. price Rejection creates Lower Low on Daily charts, which is called Bearish Fractal

6. High Point from Which price is rejected & creates Bearish Fractal become Breakout Point

NARHARI AND BHAGWAN PANDURANG/VITTHAL

Once a goldsmith by the name of Narhari lived in Pandharpur. He excelled in his craft. He had vowed not to look at Pandurang or visit his mandir ever, as he was a Shiva Bhakt.
One day, a wealthy merchant visited him.

He wanted a gold girdle studded with precious gems, to be made for Prabhu Vitthal. Narhari refused to make it as it was for Vitthal.
After many requests, he agreed to make the girdle but asked the merchant to bring the measurement from the mandir as he himself would not go there

The measurement was given n he made the girdle. When the girdle was put on Vitthal, it was loose. Narhari had to shorten it. Now the girdle became tight. So Narhari was forced to take measurement on his own. He had to go to the mandir but went blindfolded to avoid seeing Vitthal

In the Mandir, when blindfolded Narhari touched Vitthal, he felt as if he was touching Shiva with matted hair, the moon, snake in His neck and Trishul in His hand. Ecstatic with joy, he removed the blindfold to see Shiva but he found the murti of Vitthal with Rukmini there.

He realised the truth that there was no difference between Vitthal and Shiva. Narhari at once fell at the feet of Panduranga. He then took the measurement of the waist of Vitthal and this time the ornament fit the Murti perfectly.

Narayan Hari🙏🏻

Stories of Guruvayurappan
Shri Krishna Leela

This is a beautiful story of Guruvayurappan. Once there lived in Guruvayur a poor family. Kitta, his wife & kids were struggling for their daily needs. With only a coconut tree in house, he earned a living by selling coconuts.

Kitta was from a low caste family. He was a great devotee of Guruvayurappan. Everyday before going to work he always prayed infront of a picture of Guruvayurappan in his house. His only wish was to worship at Guruvayur & have annadanam in temple. But he was not allowed there

It was Utsavam time in Guruvayur. From far behind kitta and family worshipped Guruvayurappan. Annadanam was given daily and no one was left empty stomach. Only Kitta didn't receive. That night, it was only Kitta's family who was sleeping without food. After temple nada closed

Shri Krishna, dressed himself as a Brahmin went to temple Kitchen. He packed food and went directly to kitta's house. Reaching Kitta's house, Shri Krishna told he was sent by a cook of Guruvayur temple and gave them the food he packed. Kitta and family was very happy seeing food.

When Kitta finished his food, Brahmin asked it will be better if he get a tender coconut( karikku)to drink. Kitta climbed the tree and gave all coconuts to him. After having 1 tender coconut, the Brahmin asked to bring remaining coconuts to Guruvayur temple the next day.

॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..

• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.

I've used Microsoft Excel for 20 years and these 10 shortcuts will make you an Excel Guru in 5 minutes & maximize your productivity 100x:

🧵 Don't use Excel without knowing these 10 shortcuts:

(1) Repeat the Last Action: Ctrl + Y

You have just applied a formatting style to a cell, use Ctrl + Y to quickly apply the same formatting to another cell.

(2) Display Formulas in cells: Ctrl + ~

If you have a cell that contains a formula, you can use Ctrl + ~ to switch between the formula view and the value view of the cell. This allows you to see the underlying formula used to calculate the cell value.

(3) AutoSum: Alt + =

The AutoSum shortcut is useful for quickly calculating the sum of a range of cells without having to manually type in the formula

(4) Insert current date: Ctrl + ; (date)

When tracking the progress of a project, add the date each time a task is completed. Use Ctrl + ; to quickly insert the current date.

Read this. U may get it for free.
Short straddle :
What is ?? Sell an atm call and put.
Instrument: mostly bnf and nf.
Now there are versions of it.
1. Best version :
Enter around 9.15-20 and exit around 3.20. No adjustment nothing.
1/n.

If u r doing it on zero leverage(meaning u have full capital of around bnf's notional contract,i.e. 40000*25 = 10lacs), then u r most likely going to make better than fd or anything like that.
Simple rules : friday,monday, tuesday do for weekly. Wednesday and thrusday next week

So, gamma moves can't impact much.
Another better version of mahesh chander kaushik is to do it for monthly expiry.
Bigger premiums and never hav to worry about 200-300 points sudden moves.
2. 2nd version : have combined stoploss of premiums and re-entry criteria. Example :

Let say 40000 straddle is at 600. Sell at 600 and hav combined sl at 650. Many algos are providing this. U can even place stoploss in % terms. Like, if sold straddle at 400 and placed 10% sl, means if 440 combined premium touch, it will be stoploss.
Let say, in morning,

U sold straddle at 600 and it sl hit at 650. Now, u placed reentry at 600 with same sl. This time may be linear decay happens and u may cover morning's loss and make some profit.
3rd version : stoplosses at each leg and trail sl to cost type.
Example , 40000 straddle at 400.