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I am following very simple trading plan based mainly on RSI and ADX.
— Dr.Jignesh Shah (@bankniftydoctor) January 27, 2019
Now whenever we wants to initiate trade then firstly we have to decide BIAS for direction.
BIAS based on RSI as follows-
RSI Above 55-Long.
RSI below 45-short.
RSI between 45-55\u2014- neutral.
Continue
1. My initial part of the trading journey was covered by MoneyControl, and had it not been the conviction of Shishir Sir, a very dear friend and brother now, it would've never been published. So Thank You @asthanashishir Sir for the push ππ
https://t.co/C7SAyKBJZS

This is my trading journey..had seen the worst didn\u2019t give up and seen the best, never took it that seriously..Thanks to my family, friends and all the people who have shaped me as a better trader..Thank you Shishir for the effort of the last few weeks.. https://t.co/hzyOD0yw8T
— Asit Baran Pati (@asitbaran) December 7, 2019
2. Over the period of time, have written few threads in my own understanding on varied topics, and hopefully it will be a worthy read for you. Tried to collate and put it in one place. Will keep adding too the list as and when I put more.
3.
1/IV: The Power of Implied Volatility
https://t.co/1Q22GuDdN8
2/Options Guidelines
https://t.co/cPnTQ3a8VB
3/Gamma Write-Up
https://t.co/hbyawLhcyH
4/Probability of Trading Success
https://t.co/mCPattu08E
5/Basic Checklist while going Long
As requested, this thread is on IV: The Power of Implied Volatility
— Asit Baran Pati (@asitbaran) July 5, 2020
IV shows the market\u2019s opinion of the stock\u2019s potential moves, but it doesn\u2019t forecast direction. If the IV is high, the market thinks the stock has potential for large price swings in either direction, just as
4.
6/Strategy based on MACD
https://t.co/jEHUznnHMn
7/Strategy based upon Weekly & Daily Stochastic
https://t.co/Lykx4n0jaP
8/Strategy based upon BB + RSI
https://t.co/RqYQngPWgA
9/ATR + STOCHA Strategy (which was also covered in MC
Strategy based on MACD :
— Asit Baran Pati (@asitbaran) February 2, 2020
As a fan of Multi-Timeframe Analysis, I\u2019ve found two time-frame MACD analysis by Vitali Apirine, quite interesting concept and works well for positional play.
Traders can look for relative daily MACD line crossovers, Weekly and Daily
Curated the best tweets from the best traders who are exceptional at managing strangles.
β’ Positional Strangles
β’ Intraday Strangles
β’ Position Sizing
β’ How to do Adjustments
β’ Plenty of Examples
β’ When to avoid
β’ Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
β’ When to sell
β’ How to do Adjustments
β’ Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
β’ Sold Strangles 20% cap used
β’ Added 20% cap more when in profit
β’ Booked profitable leg and rolled up
β’ Kept rolling up profitable leg
β’ Booked loss in calls
β’ Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
β’ Identified a reversal and sold puts
β’ Puts decayed a lot
β’ When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
if it is less than even fd return, hire an advisor or sip in index/ mf.
Losing money on free tips is okay.
— Vivek (@Vivek_Investor) June 10, 2021
But buying an investment book worth Rs. 500/- is a waste of money.
Random observation \U0001f937\u200d\u2640\ufe0f
https://t.co/6FLAcqgKzc


#MaithanAlloys 846
— Nishant Kumar (@nishkumar1977) June 4, 2021
Perfect rounding bottom!
Resistances marked on the chart all the way till ATH
Will assess fresh targets if/when ATH is taken outhttps://t.co/N4GY7Sr2Iv