A simple Trading system with 2 #movingaverages 13 & 21Sma
What signal it gave today ?
"Sell triggered @ 17365 When 1st 15 min. candle
closed below 13 & 21Sma"
And, then #Nifty fell to 17267, almost 💯points
"Part Book"
More from Van Ilango (JustNifty)
You ask me or any other persons, they'll tell you their subjective view however unbiased they attempt to be.
It is their view and not necessarily the market's.
My subjective view is labelled in the charts.
Follow #Priceaction https://t.co/37iXFtWPzU
Currently reading the book you put on your website. Also, from this if we consider 18600 as 5 th wave end of Nifty ideally it's doing the 1st 12345 of downtrend, of which do e already 1234, currently going towards 5 which I believe should go below 100% of 4th retracement wave
— de soloist \U0001f1ee\U0001f1f3 (@ChakiArijit) November 4, 2021
#Elliottwave puts #PriceAction in it's context
— Van Ilango (JustNifty) (@JustNifty) December 2, 2021
You're 1 undisputed expert on prime source of everything, #PriceAction
Let beginner start with #PriceAction & then step up to 12345 & ABC
Baby steps alone will take to maturity
Read this book months ago - "Rich Experience shared"\U0001f64f https://t.co/VUbG6F5Ems pic.twitter.com/PProaFsMsV
Only 2 signals - Buy & Sell
There is no stop loss in this system.
There could be some wild swings in prices like on "Budget Day" - In such a scenario, Keep 30 - 50 points below 21Sma to avoid big DD
It's a SAR system
how to take stop loss..? low of prev candle?
— ABHINAV JAIN (@abhijain017) February 9, 2022
More from Screeners
A thread on some features that will help you trade and invest better😀👇
With Nudges, our aim is to help users avoid mistakes at the point of decision-making. We’ll nudge you when you’re about to make a mistake like buy dubious stocks, trade illiquid scrips, stocks with corporate actions etc. Here are a few Nudges that have helped users the most👇
With GTT, you can place long-standing orders. You can place a target and a stop loss for the stocks you buy so that you don’t have to track the prices every day. The orders will remain active until triggered*🏖
If you trade large quantities of scrips with freeze quantity, for example, you'll have to open the order window each time. With sticky order window, the order form remains open even after you place an order so that you can quickly place multiple
Normally after you place an order, the order window closes. With the Sticky order window, the order window remains open, making it easy to place multiple orders with the same input with just one click\u26a1rather than doing it all over again. This helps overcome qty freeze limits. pic.twitter.com/65kXY4h9f0
— Zerodha (@zerodhaonline) November 15, 2021
With the Positions Analysis tool by @BeSensibull, you can see Max loss, Max profit, Breakeven probability of profit, Greeks, IVs and much more right on Kite.
You can also change the price and expiry to see how much you'll gain or lose.
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2/ The Magic Question: "What would need to be true for you
1/\u201cWhat would need to be true for you to\u2026.X\u201d
— Erik Torenberg (@eriktorenberg) December 4, 2018
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody: https://t.co/Yo6jHbSit9
3/ On evaluating where someone’s head is at regarding a topic they are being wishy-washy about or delaying.
“Gun to the head—what would you decide now?”
“Fast forward 6 months after your sabbatical--how would you decide: what criteria is most important to you?”
4/ Other Q’s re: decisions:
“Putting aside a list of pros/cons, what’s the *one* reason you’re doing this?” “Why is that the most important reason?”
“What’s end-game here?”
“What does success look like in a world where you pick that path?”
5/ When listening, after empathizing, and wanting to help them make their own decisions without imposing your world view:
“What would the best version of yourself do”?