First and foremost, understand whether you are a Scalper or Intraday trader or Swing trader or Positional Trader.
Create an account in @tradingview
Do you want to know how to create a Trading Plan using only Price Action?
Here's a breakdown of 11 simple yet powerful steps to create one: 🧵
Collaborated with @AdityaTodmal
First and foremost, understand whether you are a Scalper or Intraday trader or Swing trader or Positional Trader.
Create an account in @tradingview
• Scalper: the TF you would use would be in the range of 1- 5min
• Intraday Trader: 5-15min TF
• Swing Trader: Hourly to Daily
• Positional Trader: Weekly
No matter which type of trader you are, its important to know the trend at higher TF.
Crucial to know whether its a buy on dip market or sell on rise market.
In my outlook for the week for #BANKNIFTY & #NIFTY I cover multi TF analysis.
• A supply zone is the price area where traders have the highest selling interest or potential.
• A demand zone is the price area where the traders have the highest buying interest or potential.
Usually the erstwhile resistance/ supply zone becomes a support/demand zone & vice versa
In @Tradingview you can add indicator as Volume
• Above average and/or increasing trading volume can signal that traders are truly committed to a price move, where the price and volume lines are both increasing.
•Volume acts as an additional confirmation.
• BO or BD with volume is considered powerful.
Entry points in a trending market come after a short counter-trend move or a period of consolidation.
• One can either place a defined percentage i.e. Lets say a stock trading at Rs. 250 a 10% SL translates to Rs. 25.
• So if you are long on a stock at Rs. 250 the moment it hits Rs. 225 (250-25) you should be out of the trade.
• Positional Traders would keep the SL of the latest swing low (for longs) as their SL.
Check this link to calculate proper position sizing
https://t.co/InmdaHgNc7
5/ Risk Management practices:
— Nikita Poojary (@niki_poojary) October 8, 2022
\u2022 He focus on Risk per trade (RPT):
\u2022RPT helps a trader to calculate correct position size.
\u2022Let's say you decided to not lose 1% of your capital on a single trade (10 lakh capital).
\u2022Hence, your RPT is Rs. 10,000.
• If your trading system has a 1:4 Risk Reward then trail to cost the moment the R:R is 1:1 and so and so forth
• The other way is to maintain a TSL at a precise percentage below the market price (for longs)
• Can also trail basis the candles
• Firstly, one can sell into strength when the stock is moving in their favour and there are plenty of buyers
• The second technique is selling into weakness. Initially the stock made a good run-up but is weakening now.
• Better to go for a combination of both wherein you book you anywhere between two thirds to three quarters of the holding by selling into strength and the balance keep trailing with tight SL.
https://t.co/aO7ZY2zc6I
The most valuable aspect in trading you aren't using:
— Nikita Poojary (@niki_poojary) July 9, 2022
POSITION SIZING
Sizing is the key, you'll make big money only if you own a significant size without compromising on risk.
Here are 10 of them, and they are for free: \U0001f9f5
Collaborated with @AdityaTodmal
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Master Thread of all my threads!
Hello!! 👋
• I have curated some of the best tweets from the best traders we know of.
• Making one master thread and will keep posting all my threads under this.
• Go through this for super learning/value totally free of cost! 😃
1. 7 FREE OPTION TRADING COURSES FOR
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Hello!! 👋
• I have curated some of the best tweets from the best traders we know of.
• Making one master thread and will keep posting all my threads under this.
• Go through this for super learning/value totally free of cost! 😃
1. 7 FREE OPTION TRADING COURSES FOR
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
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1/Politics thread time.
To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.
2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.
3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.
That suggests there is still SOME grassroots support for democracy that transcends
4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an
5/OK, now the bad news.
We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.
2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.
3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.
That suggests there is still SOME grassroots support for democracy that transcends
4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an
5/OK, now the bad news.
We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
Bad ballot design led to a lot of undervotes for Bill Nelson in Broward Co., possibly even enough to cost him his Senate seat. They do appear to be real undervotes, though, instead of tabulation errors. He doesn't really seem to have a path to victory. https://t.co/utUhY2KTaR
— Nate Silver (@NateSilver538) November 16, 2018
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📈 ~12000 vistis
☑️ 109 transactions
💰 353€ profit (285 after tax)
I have spent 1.5 months on this app. You can make more $ in 2 days.
🤷♂️
I'm still happy that I launched a paid app bcs it involved extra work:
- backend for processing payments (+ permissions, webhooks, etc)
- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks
