https://t.co/pdkK0QheoT
— Harsh (@HarshAsserts) September 11, 2020
— Harsh (@HarshAsserts) September 11, 2020
When trading,moods will want to influence ur decisions
— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Backtest the complete expiry and practice again and again till u develop conviction
— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Support and resistance levels based on technical charts on various time frames.
— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.
Premium is not fixed. Depends upon conviction on that strike.
— Banknifty Addict (Gaurav) (@BankniftyA) April 1, 2020
Quantity again as per my conviction.
Suppose premium at 50,and I can sell total 5k qty, so here I will sell 1500 qty and keep on pyramiding once it started going down with volume.
Bcz these days banknifty has become highly volatile and moves of 300-400 points comes within 5-10 mins
— Banknifty Addict (Gaurav) (@BankniftyA) September 24, 2019
So sl of 20 points in option is too less
For selling : U need to play OTM options with less than 50 points premium and in the direction of trend.
Very true... Only focus is which all strikes will be zero.
— Banknifty Addict (Gaurav) (@BankniftyA) October 17, 2019
Those who thinks OI data is the key to write options will be killed eventually.
— Banknifty Addict (Gaurav) (@BankniftyA) June 26, 2019
Only experience will be the key to all the locks.
If u trade expiry as per the trend with proper risk reward then i expect u to earn some xyz amount.
— Banknifty Addict (Gaurav) (@BankniftyA) August 1, 2019
Out of that earned amount atleast 10% can be risked (where loss is limited) to get a returns like 5x-10x
I agree that risk reward is not good when it comes to selling options.
— Banknifty Addict (Gaurav) (@BankniftyA) October 10, 2019
But chances of winning is more in selling bcz of theta decay if u know the direction.
Importantly u also need to know how to manage your position when market goes in other direction.
I do that.... Since day 1
— Banknifty Addict (Gaurav) (@BankniftyA) November 14, 2019
Also we must re-analyze our loss making trades that what went wrong...and try not to repeat our mistakes
This improves accuracy
Stocks to keep in radar for tomorrow
— Banknifty Addict (Gaurav) (@BankniftyA) December 18, 2019
-Indusind Bank
-Muthoot
-Manapuram
-Maruti
-Ibulhsgfin
-Titan
-LT
-Kotak
-justdial
If u see any surge in Volume, then go in the direction of trend. Expecting ba trending movement in them within 1-2 days max.
Dow theory. HH-HL
— Banknifty Addict (Gaurav) (@BankniftyA) August 1, 2020
LH and LL
Yesterday there were only call writers
— Banknifty Addict (Gaurav) (@BankniftyA) January 2, 2020
And today in morning there were huge volume in buying side.
That was a clear indication of trap day and on trap day market usually don't give chance to trappers to exit(call sellers in our case)
So OI Data don't work in such cases
These are called trap days. The moment bnf sustained the gap today ...meant it will trap call sellers who sold aggressively calls yesterday.
— Banknifty Addict (Gaurav) (@BankniftyA) January 9, 2020
Generally it goes down for few minutes and immediately goes up and keep going up....
Also sometimes closes around days high.
1)Never buy a put when market close around day high.Infact cut Ur position even in loss when u see market closing around day high
— Banknifty Addict (Gaurav) (@BankniftyA) June 6, 2020
2) if market sustains the gap tomorrow morning & keep going higher exit.
When it gets rejection from higher level then hold til it don't take support
If market sustains the gap and keep moving up, to trap shorters further. Exit loss making side. Hold only if u see rejections. And gap not sustaining.
— Banknifty Addict (Gaurav) (@BankniftyA) June 6, 2020
Suggestion: whenever market closing around day high/low. Avoid short straddle/strangle bcz chance of gap up/down is there.
At around 10.30 am when market made higher high and start going up. Got clear idea that it won't be a bearish day. And it kept on making higher high.
— Banknifty Addict (Gaurav) (@BankniftyA) June 12, 2020
So was sure that market would end around day high.
There's no rocket science behind it.
— Banknifty Addict (Gaurav) (@BankniftyA) August 17, 2020
When OI start going down and price start going up where the whole day trend is negative, then shorters will run to cover their positions, which will ultimately move the price up and thus causing short covering. pic.twitter.com/dnTbb8vIFu
Today's charts and graphical explaination pic.twitter.com/n7b2tTqIGn
— Banknifty Addict (Gaurav) (@BankniftyA) August 28, 2020
Correct
— Banknifty Addict (Gaurav) (@BankniftyA) September 16, 2020
Add more.Once price move up sharply, and consolidate in a narrow range, means it is preparing for next up move (12:50-1:30 pm)
Also, the downmove was rejected(1pm around)with volume, now shorters will be trapped and market will close around high bcz of short covering. https://t.co/DfHicd5KNx
Girana vala OI. Samjh ke bahar h...
— Banknifty Addict (Gaurav) (@BankniftyA) September 10, 2020
U must avoid and follow price action pic.twitter.com/NeRtqiaT91
Strong charts intraday, high volume compared to last 5 days, closing around high....
— Banknifty Addict (Gaurav) (@BankniftyA) September 11, 2020
Reliance
— Banknifty Addict (Gaurav) (@BankniftyA) September 13, 2020
TCS
HUL
Hdfcbank
Airtel
HDFCAMC
3M
Sanofi
Abbott india
And many more which I am not able to remember.
https://t.co/Ngoc5bh906 Thank Mahek bhai for making this video basis my set up which i have been following since past 2 yr I\u2019m not promoting this software, neither I 'll gain any referral if anyone subscribes for this software ,Purpose is to share help fellow traders!\U0001f60a
— itrade(DJ) (@ITRADE191) September 5, 2021
5. A THREAD on . . . .
— Aditya Todmal (@AdityaTodmal) July 11, 2021
How @ITRADE191 selects strikes to trade in and how he follows risk management.
Short thread explained via pictures with the help of @niki_poojary.https://t.co/YiYYaIReNS
6. Thread on how @ITRADE191 made 3 lakhs in 2 days.
— Aditya Todmal (@AdityaTodmal) July 11, 2021
You will need:
1. Pivots
2. Vwap
3. PDL/PDH (Previous day high/low)
4. Advance/Decline Ratio.https://t.co/o9tLOaLpEh
7. DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.
— Aditya Todmal (@AdityaTodmal) July 11, 2021
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm biashttps://t.co/qZQCWOSisa
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
— Nikita Poojary (@niki_poojary) July 3, 2022
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: \U0001f9f5!
Collaborated with @AdityaTodmal
VOLUME is the ultimate Trading cheat code.
— Indrazith Shantharaj (@indraziths) August 6, 2022
But, most people never use it in the right way \u2013 because no one ever taught them how.
Here are 10 psychological triggers to knowing Volume in a better way :
I am learning python from the past 45 days. Recently I built some programs for very simple trade automation.
— Saketh R (@saketh1998) November 3, 2022
Here are some courses which helped me learn and do it!
Like and Retweet if you find it Useful
Stock Screeners is an integral part of doing homework post market hours.
— Yash Mehta (@YMehta_) August 5, 2022
Most of us use screeners to filter buzzing stocks out of 1000+ stock and it saves lot of times.
Here is the list of top screeners:
Also, last screener is one of my favourite to pick early momentum stocks.
5: When to play directional:
— Nikita Poojary (@niki_poojary) December 18, 2022
Whenever the index is moving in a single direction, its important to go with the trend.
A few weeks ago when BNF broke out of the cup and handle pattern, all we had to do was sell PEs.
Pls note: weekly TF chart is attached to just show the C&H BO pic.twitter.com/z0wgUzJW8t
#VOLTAS Another cup & handle pattern for cash positional pic.twitter.com/Jsc99xJfwY
— Nikita Poojary (@niki_poojary) October 23, 2019