ᴛʀᴀᴅɪɴɢ ʟᴇꜱꜱᴏɴꜱ/ʀᴜʟᴇꜱ ɪ ʜᴀᴠᴇ ʟᴇᴀʀɴᴛ ꜱᴏ ꜰᴀʀ 📈

ᴀ ᴛʜʀᴇᴀᴅ 🧵

ᴘʟᴇᴀꜱᴇ ʟɪᴋᴇ ᴀɴᴅ ʀᴇᴛᴡᴇᴇᴛ ɪꜰ ʏᴏᴜ ꜰɪɴᴅ ᴛʜɪꜱ ʜᴇʟᴘꜰᴜʟ

@PAlearner @caniravkaria @Puretechnicals9 @Rishikesh_ADX @payal_trustable @ProdigalTrader @RajarshitaS @TraderHarneet

1⃣ The things that I look for are:
(a) the long-term trend,
(b) the current chart pattern, and
(c) picking a good spot to buy or sell. If you want to read the behaviour of the market, ask yourself…
(a) What’s the long-term trend?
(b) If any chart pattern is forming?
#trading

(c) Finding areas of value?
(d) Who’s more powerful, buyers or sellers?

Personally for me I trade like to trade bullish continuation patterns like Flags, Ascending Triangle, Rectangles, Penants, Falling Wedge in an already established uptrend.

2⃣ Set a pre-defined stop-loss at the same time I enter a trade and keep tralling as the trade moves in your favour.

As a trader, you never know if the next trade will be a winner or a loser.That’s why you have a stop loss to protect your downside — so you don’t lose everything.

3⃣Not over-relying on fundamentals as it indicates a lack of faith in trend following.

As a Trend Follower, the only thing that matters to me is the price.

Rumors,Fundamentals,Opinions don’t matter to me at all.

Along with 'Price' and 'Volume', 'TIMING' plays a crucial role in Intraday Trading.

One will not get back the missed opportunity in day trading.

Hence, many tools are beneficial to encash these opportunities.

Below are the Top-6 FREE

What is best way to sell strangle in Banknifty on an intraday basis
Simple
at 9:45 Open Option chain and check In which strike highest OI change in call side and put side

Sell both option with combine SL
Enjoy easy and simple intraday trading strategy
Today 35000CE and 34500PE

Again sharing bank nifty intraday weekly straddle. How to play by selling straddle.
Mostly will work on Monday to Wednesday. Sometimes on Friday.
Why to pay your money to learn this if u can get it here.
U need only practice.
Let’s go.

Say bank nifty future is at 32000.
Sell both 32000 call and put.
Considering current volatile market lest say premium on Monday morning is 350 on both sides.
Sold with 700 points combine premium.
If bank nifty will trade in narrow range say +\- 100 hold it.
If moving 200 points

then exit previous sold straddle. Sell new one. Let’s say BN moved +200
Now sell 32200. If bank nifty will move here within range then u will get profit through theta decay. Follow same procedure for next 150-200 pts move.

This is only for single straddle sell position.

Now in second case sell three straddle. 31900/32000/32100
In case of 100 points move no need to change.
If 200 + then future is 32200.
Exit 31900 and sell 31200 straddle.
If moving another 100 then exit 32000 and sell 32300. Continue same with 100 points move.
If no move then

it will consolidate between 32000-32200 or 32100 to 32300 and u will get theta decay.

This is for normal move. Sudden big move may come anytime. So keep SL in system.
If u r selling at 350-350 then keep SL in system 475 for both legs.
Practice it. No need to attend webinar.