1. Scaling in is adding on to the positions when they move in our favor (Pyramiding).
2. Scaling - out is exiting the portion of the position when the trade moves in our favor.
I have explained about pyramiding in previous tweets.
I have been asked many times about my views on Closing basis Stop loss.
— Trader knight (@Traderknight007) November 5, 2021
So here's a thread on the same. pic.twitter.com/qFgujKAFqS
Experience don't count in trading IMO, i can show you people who are trading from last 20 years and still losing money and i can also show you people who are in market since 3-4 years and are Profitable.
— Trader knight (@Traderknight007) June 25, 2021
What matters is how much time do you take to learn from a mistake,
90% of the difference between the performance of a super trader and a normal joe is due to the position sizing.
— Trader knight (@Traderknight007) July 3, 2021
In this article, we will learn why position sizing is important and how we can implement it by learning 3 effective position sizing techniques.https://t.co/gWS4Ifi4OJ
The biggest trading mistakes that cost me lakhs of Rupees.
— Trader knight (@Traderknight007) July 17, 2021
And the lessons that I learned from them. \U0001f447https://t.co/NCwMM8SVYz
A thread about STBT options selling,
— Jig's Patel (@jigspatel1988) July 17, 2021
The purpose is simple to capture overnight theta decay,
Generally, ppl sell ATM straddle with hedge or sell naked options,
But I am using Today\u2019s price action for selling options in STBT,
(1/n)
Thread on
— Jig's Patel (@jigspatel1988) July 4, 2021
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
(1/n)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)