Forgot to mention one point. How to trail profits in Breakout trades.
One of the best way that I know is ATR based trailing.
Here is an example https://t.co/BTATx5fyW6
An example of ATR based TSL.
— Professor (@DillikiBiili) April 9, 2021
SL for coming candle is Low of the just completed candle - ATR of previous candle. Chart is self explanatory. https://t.co/D95iv4t5j6 pic.twitter.com/e8BkO2j5rn
More from Professor
OI Data reading seekh lo:
See Large OIl buildup kin strikes par hai and in between strikes data kaise move ho raha hai.
Thumb Rule:
Calls Reduction + Puts addition = Upthrust
Calls Addition + Put Reduction = Down move
Higher the Delta OI velocity, faster is the move.
See Large OIl buildup kin strikes par hai and in between strikes data kaise move ho raha hai.
Thumb Rule:
Calls Reduction + Puts addition = Upthrust
Calls Addition + Put Reduction = Down move
Higher the Delta OI velocity, faster is the move.
For Nifty Intraday Traders: As of now, this seems to be a buy on dip market and looks like there won't be any juicy trades on short side. Will update if data changes. https://t.co/PCIyyPld4A pic.twitter.com/ES3o4z60rY
— Professor (@DillikiBiili) March 11, 2022
Many friends have asked me about OI data Analysis. This is very helpful in Nifty Trading.
I am retweeting my Beginners Pathway Thread No, 3 on Open Interest Data Analysis for benefit of all. https://t.co/cwYtbYK6JP
I am retweeting my Beginners Pathway Thread No, 3 on Open Interest Data Analysis for benefit of all. https://t.co/cwYtbYK6JP
Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.
— Professor (@DillikiBiili) October 17, 2021
In this we'll see Open Interest basics and Option Chain Analysis.
More from Stoploss
Retailers late sellers who place sl at visual reference levels are thrown out. Avoid placing sl at same location were retailers place stoploss https://t.co/qctgpFYLnK
This is the reason for retailers stoploss. Check it out \U0001f447 https://t.co/fnHPgzCCVn pic.twitter.com/njvqgM9PI3
— Learn to Trade (@learntotrade365) July 28, 2021