Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it youโll be way ahead of the curve.
A 17 point summary on my 2000+ days as a trader:
Wont take more than 10 minutes ! ๐งต
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it youโll be way ahead of the curve.
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.
Many people say that timing the mkt is very essential but according to me the more time you spend the more you get to know about mkt that jo course will teach you.
If you manage to survive for the next 3650 days in the market - trust me for the fact that you will definitely be a part of one commodity one bull and bear mkt. Its more valuable than any 1L INR course.
Essentiality of Money is the vital point that no one talks about. Many talk about struggles in life but not many talk that in market only money will make you money
Life traits are another aspect that is unheard. If you are a disciplined and sorted out in life you are better to succeed here as your thoughts are neutral and you accept your mistakes with humility.
One here needs to have a crazy amount of composure and temperament. Without these 2 you will not make money - it wonโt matter if you have 5000 or 5000 crore, if you donโt know how to handle DD youโre dead.
Risk management is a very talked about subject hence not emphasizing here but with this you arenโt trading - youre just gambling.
Over the time market participants become fan of algos - in my 6 years Of little experience Iโve seen that over a period of time over exploitation or a strategy getting too crowded loses itโs edge. Iโm a discretionary trader hence i can be biased.
Doesnโt matter whether the strategy is neutral or directional. Many asked me what is your style - i always reply i dont have a style, i trade what i see.
In your initial months of trading and making money make sure that you give this aspect an overlook as someone market can be irrational for years and your couple of months success will make sure youโre kicked out easily.
Always remember making 1cr to 10cr can be easy but making 100cr to 1000cr is pretty difficult as itโs all about scalability. Always remember less returns but more scalable model will always work in longer run than high return less scalable.
In the Era of twitter you might see 20Yo claiming to make lacs per month, donโt worry itโs all about staying in the game for long. 8 yearโs down the line you will see these getting out of the mkt and new set of kids coming in sharing their MTM journey.
As a trader you dont need social validation. If you are making 10k and someone else is making 20L that doesnโt imply that youre not a better trader. Its just about time and tested patience. Everybody starts from some where - stay there youll be there one day.
Webinars are the most dissed about thing in India. Ask yourself- the one trolling people for taking webinar - are they actually teaching you anything ? Did you learn anything ?
Yes majority of this industry is fraud but if you donโt try you wont get your mentor
https://t.co/UBIi26Bzjv
A 17 point summary on my 2000+ days as a trader:
— The Chartians (@chartians) May 14, 2022
Wont take more than 10 minutes ! \U0001f9f5
More from The Chartians
Here are the compilation of free educational contents we shared till now.
Kindly RETWEET and LIKE if you feel our efforts adding to your knowledge.
๐ฉธTypes of
๐ฉธ Detailed guide on TX, a free trading tool by
๐ฉธ Fibonacci retracement and golder ratio - Part
๐ฉธ Fibonacci retracement and golden ratio - Part
Kindly RETWEET and LIKE if you feel our efforts adding to your knowledge.
๐ฉธTypes of
There are 4\u20e3 type of #BREAKOUTS
— The Chartians (@chartians) January 22, 2021
1\u20e3 Breakout with no retest
2\u20e3 Breakout with a re-test
3\u20e3 Breakout with a hard re-test
4\u20e3 Failed breakout.
We Will Explain it one by one with examples. Kindly Retweet it if you find it useful. #Nifty
๐ฉธ Detailed guide on TX, a free trading tool by
A detailed guide on #TX3 by @EdelweissFin
— The Chartians (@chartians) August 8, 2021
Software worth 50,000/- for F R E E \U0001f3c6
Scroll down \U0001f447 for detailed analysis
(Using for 2+years)
User guide PDF \U0001f4d9 https://t.co/Ke7Bn2jRO8 #chartians #momentum #StockMarketindia #trading #tx3 #edelweiss pic.twitter.com/6M7TCYpPLc
๐ฉธ Fibonacci retracement and golder ratio - Part
\U0001fa78FIBONACCI retracement and GOLDEN RATIO - PART 2
— The Chartians (@chartians) August 8, 2021
Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge. pic.twitter.com/HDlcOa5ZPP
๐ฉธ Fibonacci retracement and golden ratio - Part
\U0001fa78FIBONACCI retracement and GOLDEN RATIO
— The Chartians (@chartians) August 7, 2021
Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge. pic.twitter.com/iVC6W3pqks
You might be using chart patterns incorrectly if you've not seen this.
Data says 81% of people trade these patterns incorrectly, and you might be one of them.
Read now or regret later:: A complete guide on Top 5 chart patterns in this thread ๐งต:
1/ Rounding Bottom:
Rounding Bottom or U Pattern or Saucer all are one and the same with different names and it is a bullish
2/ Cup and Handle:
A bullish technical pattern that is very popular in Technical
3/ Ascending Triangle:
Ascending triangle is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing
4/ Head and Shoulder Pattern:
It is one of several top patterns that signal an upward trend is nearing its
Data says 81% of people trade these patterns incorrectly, and you might be one of them.
Read now or regret later:: A complete guide on Top 5 chart patterns in this thread ๐งต:
1/ Rounding Bottom:
Rounding Bottom or U Pattern or Saucer all are one and the same with different names and it is a bullish
Trading on chart patterns is difficult, Until you see this:
— The Chartians (@chartians) August 6, 2022
Free Technical Analysis course (1/10) \U0001f9f5
2/ Cup and Handle:
A bullish technical pattern that is very popular in Technical
Trading on chart patterns is difficult, Until you read this ! \u26a1\ufe0f
— The Chartians (@chartians) August 21, 2022
Everything about Cup and Handle Pattern
Free Technical Analysis course (2/10) \U0001f9f5
3/ Ascending Triangle:
Ascending triangle is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing
Trading on chart patterns is difficult until you read this !\u26a1\ufe0f
— The Chartians (@chartians) August 28, 2022
Everything about Ascending Triangle Pattern
Free Technical Analysis course (3/10) \U0001f9f5
4/ Head and Shoulder Pattern:
It is one of several top patterns that signal an upward trend is nearing its
Trading on chart patterns is difficult, Until you read this ! \u26a1\ufe0f
— The Chartians (@chartians) October 9, 2022
Everything about Head and Shoulder Pattern
Free Technical Analysis course (4/10) \U0001f9f5
More from Trading
DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
โขMain setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
โขVolume always greater than
โขCandle Rejecting from
โขPivot settings
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
โขMain setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
@MiteshFan @Mitesh_Engr @Abhishekkar_ MY TRADING SETUP .... I've been using it for a long time .. result good try it \U0001f607 pic.twitter.com/XThUD0ftbl
— itrade(DJ) (@ITRADE191) June 13, 2020
โขVolume always greater than
Volume Should always be above 20 pic.twitter.com/CPgxLgpPKF
— itrade(DJ) (@ITRADE191) June 13, 2020
โขCandle Rejecting from
— itrade(DJ) (@ITRADE191) August 25, 2020
โขPivot settings
— itrade(DJ) (@ITRADE191) October 20, 2020
๐ก๐ถ๐ณ๐๐-๐๐ฎ๐ป๐ธ๐ป๐ถ๐ณ๐๐ ๐ข๐ฝ๐๐ถ๐ผ๐ป ๐๐๐๐ถ๐ป๐ด ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Complete Backtest and Indicator link
๐งต A Thread ๐งต
๐ฆ๐ฒ๐๐๐ฝ:
๐ธ Monthly Option Buying
๐ธ 50 ema on 3 min timeframe
๐ธ Supertrend 10 , 3
๐ธ Chart : Banknifty , Nifty Futures as we backtested on futures
๐ธ Entry 9:20 to 3:00
๐ธ Max 3 Entries per day
๐ธ Premium nearest to 200 Rs only
[2/18]
Why Monthly Option buying ?
๐ธ Less theta decay compared to weekly options
๐ธ Less Volatility
๐ธ Supertrend and MA Settings
[3/18]
๐ธ Indicator Link
๐ธ Click on the below ๐ญ๐ช๐ฏ๐ฌ -> ๐๐ฅ๐ฅ ๐ต๐ฐ ๐๐ข๐ท๐ฐ๐ถ๐ณ๐ช๐ต๐ฆ๐ด -> ๐๐ฅ๐ฅ ๐ฐ๐ฏ ๐๐ฉ๐ข๐ณ๐ต from favourites and start using it !
๐ธ https://t.co/zVXavqLBto
[4/18]
๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฆ๐ฒ๐๐๐ถ๐ป๐ด๐ :
๐ธ Max 6 Trades per day ( Both CE and PE buy)
๐ธ Timings 9:20 am to 3:00 pm
๐ธ Supertrend : 10,3
๐ธ Moving Average 50 ema
[5/18]
Complete Backtest and Indicator link
๐งต A Thread ๐งต
๐ฆ๐ฒ๐๐๐ฝ:
๐ธ Monthly Option Buying
๐ธ 50 ema on 3 min timeframe
๐ธ Supertrend 10 , 3
๐ธ Chart : Banknifty , Nifty Futures as we backtested on futures
๐ธ Entry 9:20 to 3:00
๐ธ Max 3 Entries per day
๐ธ Premium nearest to 200 Rs only
[2/18]
Why Monthly Option buying ?
๐ธ Less theta decay compared to weekly options
๐ธ Less Volatility
๐ธ Supertrend and MA Settings
[3/18]
๐ธ Indicator Link
๐ธ Click on the below ๐ญ๐ช๐ฏ๐ฌ -> ๐๐ฅ๐ฅ ๐ต๐ฐ ๐๐ข๐ท๐ฐ๐ถ๐ณ๐ช๐ต๐ฆ๐ด -> ๐๐ฅ๐ฅ ๐ฐ๐ฏ ๐๐ฉ๐ข๐ณ๐ต from favourites and start using it !
๐ธ https://t.co/zVXavqLBto
[4/18]
๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฆ๐ฒ๐๐๐ถ๐ป๐ด๐ :
๐ธ Max 6 Trades per day ( Both CE and PE buy)
๐ธ Timings 9:20 am to 3:00 pm
๐ธ Supertrend : 10,3
๐ธ Moving Average 50 ema
[5/18]
Want to master Option Selling for free?
Here are the best resources.
A thread ๐งต๐
Collaborated with @niki_poojary
1. Best book of knowledge for a beginner?
Zerodha Varsity from @Nithin0dha's team is the best book for a newcomer to read and increase his basic knowledge about options, especially for the Indian markets.
Link:
2. Best Youtube channel on Options Trading?
The @tastytrade financial network. It's a foreign channel that focuses mostly on selling options.
They teach all strategies for free with their backtests.
Big on Straddle/Strangles selling.
Links:
3. Top Indian YouTube Channel for Options?
Power of Stocks - Subhasish Pani
What you'll learn:
1. How to form a trading plan.
2. How to scale an account with risk-reward in option selling.
3. Technical analysis logics you can use daily.
15
4. What are the preconditions to start option Selling:
You should know technical Analysis basics like:
- Support/Resistance
- Chart Patterns
- Candle Patterns
- Dow Theory (HH, LL)
This will help you start taking high-probability trades.
Here are the best resources.
A thread ๐งต๐
Collaborated with @niki_poojary
1. Best book of knowledge for a beginner?
Zerodha Varsity from @Nithin0dha's team is the best book for a newcomer to read and increase his basic knowledge about options, especially for the Indian markets.
Link:
2. Best Youtube channel on Options Trading?
The @tastytrade financial network. It's a foreign channel that focuses mostly on selling options.
They teach all strategies for free with their backtests.
Big on Straddle/Strangles selling.
Links:
3. Top Indian YouTube Channel for Options?
Power of Stocks - Subhasish Pani
What you'll learn:
1. How to form a trading plan.
2. How to scale an account with risk-reward in option selling.
3. Technical analysis logics you can use daily.
15
15 Learnings from Power of Stocks: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) January 23, 2022
Collaborated with @niki_poojary
4. What are the preconditions to start option Selling:
You should know technical Analysis basics like:
- Support/Resistance
- Chart Patterns
- Candle Patterns
- Dow Theory (HH, LL)
This will help you start taking high-probability trades.
You May Also Like
Master Thread of all my threads!
Hello!! ๐
โข I have curated some of the best tweets from the best traders we know of.
โข Making one master thread and will keep posting all my threads under this.
โข Go through this for super learning/value totally free of cost! ๐
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!! ๐
โข I have curated some of the best tweets from the best traders we know of.
โข Making one master thread and will keep posting all my threads under this.
โข Go through this for super learning/value totally free of cost! ๐
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.
