Aditya Todmal's Threads | Buzz Chronicles

These 8 websites will answer 80% of your FNO research questions! 🧵

Collaborated with @niki_poojary

1/ Opstra by @Definedge:

- Best Strategy Builder
- Options Portfolio feature to track and analyze trades

I use this extensively whether it is to check the returns of a strategy or its breakevens.

Go to tool for traders, number 1 on my

2/ Icharts by @iChartsIndia

- Historical options Data
- Decipher Open Interest
- Monitor Straddle/Strangle Premiums

Best value for money tool.

I use Icharts for Open Interest and Change in OI mainly.

Most people use it for backtesting options

3/ @tradingview

Easily the best charting platform.

Haven't opened a single broker's chart since then.

Multiple hacks to get its premium features for free in the thread below.

Let's dive in

4/ @ZerodhaVarsity

Collection of stock market and financial lessons.

The value is worth more than 50k minimum.

Can increase knowledge on just about everything in trading including:

- Technical Analysis
- Fundamentals
- Options Strategies
-

Aditya Todmal
@AdityaTodmal

Here are my TOP 10 BEST TWEETS of the week: 10th September.🧵

• Psychological mistakes to avoid
• Iron fly strategy
• Calenders strategy
• 3 great books on trading stocks.
• Various risks and how to manage.
• How breakout stocks behave.
• Solutions for peak margin.

Psychological mistakes to

Why few traders are going bankrupt after attaining huge success.
Could be the following psychology.
During initial days trader is generating huge ROI with less capital.
— Mitesh Patel (@Mitesh_Engr) September 4, 2021

Iron fly strategy

There are many strategies in market \U0001f4c9and it's possible to get monthly 4% return consistently if you master \U0001f4aain one strategy .
One of those strategies which I like is Iron Fly\u2708\ufe0f

Few important points on Iron fly stategy
— Kavita (@Kavitastocks) September 4, 2021

Calenders strategy to give you consistent

Here is the detailed information of about strategy,

Entry time : 9.30 - 10
Exit : Upto you

Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle
— itrade(DJ) (@ITRADE191) September 4, 2021

Compounding is

If it takes 15 Long Years (180+ months) to Build the First Crore Rupees, the Second will take a Few Years Lesser. The Third will be Effortless & The Fourth Happens Seamlessly.

This is the Power of Patience, Base Effect & Compounding !!!#FI
— Fundamental Investor \u2122 \U0001f1ee\U0001f1f3 (@FI_InvestIndia) September 5, 2021

Aditya Todmal
@AdityaTodmal

Google Chrome is the best web browser out there.

But the right chrome extensions make it even better.

Here is a list of 16 free extensions you'll wish you knew yesterday
: 🧵

Collaborated with @niki_poojary

1. Video Speed Controller

Speed up, slow down, advance, and rewind videos.

Can play videos at 0.7x or 1.3x etc, instead of the normal 0.5x

2. Onetab

Reduce tab clutter

Convert all of your tabs into a list.

When you need to access the tabs again, you can either restore them individually or all at

3. Honey saves you money and earns rewards when you shop online.

Gives you the best

4. ClearCache

Clears your cache and browsing data with a single click of a

Aditya Todmal
@AdityaTodmal

A list of cool websites you might not know about

A thread 🧵

Collaborated with @niki_poojary

1) https://t.co/tSNOa0nEku

Need a fake email address to sign up for a site and don't want to end up in a bunch of spam lists then here's a free website.

Self destructs after 10 minutes.

2) https://t.co/zJVhIwVBIJ

Want to learn for free from an Ivy League school?

MIT OpenCourseWare is a free and open collection of material from thousands of MIT courses, covering the entire MIT curriculum.

3) https://t.co/LsmAfQu2K4

Handpicked movies and shows of every genre.

Use filters to determine your interests and recommends movies/shows to watch for free.

4) https://t.co/agwOP6yz0l

Removes background from any of your pictures for free.

Aditya Todmal
@AdityaTodmal

2. 80-20 Reversal Setup

https://t.co/H5JEz6KNYs

3. Fake paradise

https://t.co/QDV0MFAcf6

4. Open = High and Open = Low

https://t.co/ohhDNHzSR9

Aditya Todmal
@AdityaTodmal

Over the last 18 months, I have scaled my income to around ₹10,00,000 or 10 lakhs per week with drawdowns below 10%.

How?

@niki_poojary taught me how to form a weekly trading plan.

I'm going to share what I've learned in this thread.

Here's the simple 10 step process: 🧵

1. Check on the daily chart if Bank Nifty is in a higher high or lower low:

A higher-high (HH) is a bullish pattern, it signifies that it is difficult for the market to go down.

If that has formed on the daily chart, the market will give all the surprises on the upside.

If the market is in a higher high mode, look for good opportunities to sell puts.

Usually, at a higher high, traders buy on breakouts and also buy the dips.

If you want a good Risk-Reward, you can sell puts on a dip. (Only if it's showing some reversal)

2. Take High Probability Trades

Simply knowing a higher high or lower low does not make money. It gives you a bias for the week.

Still, you should try to take higher probability trades that align with your view of the market.

This will get you consistency and a good mindset.

3. Support & Resistance

I would say Support Resistance is the most important and favorite thing for @niki_poojary.

She keeps updating these levels with charts on her Twitter handle during live markets daily.

Attaching some examples will do a detailed thread on this later.

Aditya Todmal
@AdityaTodmal

8 Powerful Features of @iChartsIndia Option Data users should be using:🧵

Collaborated with @niki_poojary

@niki_poojary 1. Option Chain (Advanced):

Understand the options chain better so that you know the correct market direction and sell the right options with a higher probability of success.

Open Option Chain on Icharts and then click on:

• Trend
• Buildup
• Vwap

Like this:

@niki_poojary 2. Total PE - CE OI

Most popular and powerful feature, even used by experts like @nitinmurarkasmc heavily.

Observe the intraday Change in OI difference and align your trades with where writing is happening.

Can check it only for nearer strikes, or all strikes.

Here's how:

@niki_poojary @nitinmurarkasmc 3. Option OI stats

Shows you Total OI and Change in OI in bar chart format.

Can segregate from Near Atm strikes to all strikes.

Historical Data of past expiries is also available to make backtesting easier.

@niki_poojary @nitinmurarkasmc 4. Options snapshot

Option Chain with charts and Price and Open Interest showing in them.

Can look where open interest changes are happening.

Know quickly about multiple strikes Oi behaviors.

Aditya Todmal
@AdityaTodmal

THREAD: Top 10 most useful screeners you can use:🧵

Collaborated with @niki_poojary

1/ 15-minute stock breakouts —(Intraday)

Identify strong support/resistance levels for market hour trading.

Link

2/ Bullish for next day

Buy tomorrow during market.

Link

3/ Intraday buying seen in the past 15 minutes

Stocks rising higher with increasing volumes for the past 3 candles on a 5 minute chart.

Indicating fresh buying which hinting further upside, for btst & swing trade.

Link

4/ Volume shockers (stocks with rising volumes)

Stocks that have seen a sudden rise in their volume by over 2x times the average volume over the past 10 trading sessions.

Also have gained or lost more than 5% today.

Link

Aditya Todmal
@AdityaTodmal

15 Learnings from Power of Stocks: 🧵

Collaborated with @niki_poojary

1. "Inside candle Strategy"

• His go-to strategy
• Great risk reward
• Identify on 15 min candles
• Trade all without fail

In every video, he talks about this strategy and trades the same too.

2. "Price ko samjane ka koshish karo."

• Everything is based on price action
• No need to check OI data
• Even the psychology of traders can be understood via price

Focusing on only one thing such as Price will shorten the learning curve to become a trader.

3. "Support & Resistance"

• Jab market sharp fall krta he to V shape me recover nahi hota.
• It will face resistance at many levels
• SImilarly when market rises it wont go down 90 degree
• It will face support at multiple levels

Just look at these levels.

4. "M & W patterns"

• Spot M pattern near the resistance
• Spot W pattern support
• Check for the W pattern for entry.
• First pullback me hum log buy nahi karenge.
• Pehle W pattern banne do, confirmation aane do.

These two are also his favourite patterns.

Aditya Todmal
@AdityaTodmal

Twitter is free university.

But 98.8% forget 20% of what they read.

Here are 10 threads you must re-read:

Topic: Mitesh Sir's Expiry Trading

Catch me if you can @Mitesh_Engr

Time for a\U0001f9f5
Mitesh Sir's EXPIRY Option Selling 101:
\u2022 What to look for?
\u2022 Strike Selection & Ratios
\u2022 SL mgmt
\u2022 Avoiding freezes
\u2022 Monthy Expiry
\u2022 Event days
\u2022 How he would have traded last expiry?

In collaboration with @AdityaTodmal pic.twitter.com/9uN2vQQ4hc
— Nikita Poojary (@niki_poojary) July 17, 2021

Topic: Where to start learning about

Thread for Novice traders.

Many people asks from where do i start learning about trading?

1. Start from learning candlestick pattern.

2. Learn theories behind how demand and supply works.

3. Learn how support and resistance works.

(1/n)
— Pathik (@Pathik_Trader) September 26, 2020

Topic: How to filter stocks for Intraday

How you can filter stocks for Intraday trades - \U0001f9f5

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)
— Sheetal Rijhwani (@RijhwaniSheetal) August 15, 2021

Topic: How to trade in rising

A THREAD

Topic: HOW TO TRADE IN RISING PREMIUMS SCENARIO

Option sellers specially Straddle sellers feel that rising premiums give them excellent opportunity to make easy money. So what they are seeing is the theta aspect of options & ignoring the delta/gamma/vega forces.

1/
— Sarang Sood (@SarangSood) June 18, 2021

Aditya Todmal
@AdityaTodmal

Thread on how @ITRADE191 made 3 lakhs in 2 days.

I'm posting his chart logics here which he has shared with me realtime.

You will need:
1. Pivots
2. Vwap
3. PDL/PDH (Previous day high/low)
4. Advance/Decline Ratio.

(1/7)

This is the Pivot Setting used by @ITRADE191

(2/7)

At 11 he told me to short Nifty as it was breaking a pivot.

Gave immediate 60 points profit.

(3/7)

The red line marked here was PDL, he trades using these decision points daily. He shorted Nifty futures again the moment it broke that level.

Again made money while pyramiding into his trade.

His sl was PDH, Tuesday 24th Nov high. Would've reversed his position there.

(4/7)

Got his conviction from Advance/Declines in Nifty. All the bigger stocks were trading in red so he rode the downfall.

Here is his mtm of yesterday.

Made around 1.2 lakh here.

(5/7)

Aditya Todmal
@AdityaTodmal

The best traders have a trading plan.

But 98.8% of the new traders, don't know how to make one.

I analyzed @niki_poojary's account, to learn how we can create a plan on our own.

Here's the simple 8-step process:🧵

Step 1: Multi-time frame analysis

This is done to:
- Find the structure (HH-HL means bullish, LH-LL means bearish)
- Align trades with the trend on the longer timeframe
- Find important Support/Resistance levels
- Trendlines

She does this to find the direction and levels.

Step 2: Identify Patterns

There are two kinds of patterns:
1. Patterns on the chart. (Eg, symmetrical)
2. Candlestick patterns. (Eg, Bearish Engulfing)

She keeps a track of all these patterns and updates them on @niki_poojary daily.

Trades all these patterns without fail.

Step 3: Option Chain analysis

In isolation, OI data won't work. It depends on the way you analyze it.

If you have a bullish view look for high Change in OI added on the put side. Vice versa for a bearish view.

This is just a confirming tool for the view that you've taken.

Simply knowing the direction doesn't mean that you'll make money.

After these, we need to figure out which options we will sell by managing our risk.

This depends on:
1. Individual's Risk-taking capacity
2. Conviction
3. Desired Return
4. A lot of practice

Aditya Todmal
@AdityaTodmal

🧵Top 10 best tweets of the week: 5th Nov🧵

🧵on:

• A day in the life of a trader
• IRCTC analysis
• Pivot Levels
• Nifty or Bank Nifty for Option Selling?
• Ten 90-day challenges

and a few other tweets.

Don't miss this interview with the Big Bull (Mr. Rakesh Jhunkhunwala) by Sonia

Fun chat with Rakesh Jhunjhunwala as part of our diwali special. Warm, gracious and witty as always. pic.twitter.com/8W5s5gDjFt
— Sonia Shenoy (@_soniashenoy) October 29, 2021

🧵A day in the life of a

Thread \U0001f9f5:
A Day in the Life of a Trader (A day in my Life)

1) I absolutely love my work\u2764\ufe0f! In fact, I grew up dreaming to be a trader. So trading, to me, doesn\u2019t feel like working (except when I lose\U0001f602).
It\u2019s fascinating because it\u2019s different every day.#trading #life pic.twitter.com/ih9lejMKEr
— Sourabh Sisodiya, CFA (@sourabhsiso19) October 30, 2021

🧵IRCTC analysis by Mr. Ronak

IRCTC - Must Thread of my analysis.

People think that IRCTC crash because GOVT. expect convenience fee from IRCTC. But, reality is that why anyone bought IRCTC at a valuation of more than 400PE. That's a clear euphoria.

Let's get some more details.

1/n
— Ronak Unadkat (@Ronak_Unadkat) October 30, 2021

🧵Nifty or Bank Nifty for option selling?

Here he talks about how being open to trading in both of them can increase opportunities for

Nifty or Banknifty for option selling? \U0001f9f5

There are times when i have traded exclusively in bnf for atleast a couple of yrs, when the weeklies got introduced.

Stopped trading in it for an yr when nf weekly got introduced & bnf started having price freeze issues on expiry days.
— Sarang Sood (@SarangSood) October 30, 2021

Aditya Todmal
@AdityaTodmal

After trading hours, homework involves using stock screeners.

Traders use screeners to sort 1500+ stocks into active ones, which saves a lot of time.

Here are the top 18 screeners:

Collaborated with @niki_poojary

Listing all scanners from @Pathik_Trader Sir first.

1. Open

2. 80-20 Reversal

3. Fake

4. Trapping Inside Bar (Positional

Aditya Todmal
@AdityaTodmal

I gathered the best Youtube videos to learn Expiry trading for free.

If you want to master expiry trading, open this thread: 🧵

Collaborated with @niki_poojary

Here's what you'll find in this thread:

1. ATM strikes to zero
2. Big Gaps on Expiry Day
3. How to trade expiry when Nifty is behaving differently
4. Using Data points to trade expiry
5. Play for a flat move
6. How to profit post 3 pm exploiting the close price?

Let's go ↓

1. How to develop a framework to trade in ATM strikes on expiry day? Subhasish Pani on @vivbajaj Sir's channel.

One of call or put at ATM is going to go to zero.

Whichever is moving rapidly has a higher probability of going ATM/ITM. Sell the slower

2. How to trade a big gap up on expiry day?

If market bias is bullish and a gap-up happens, it comes for selling.

Can buy puts at the breakout of an inside candle as the market has a good probability of at least heading toward the previous day's

3. How to trade in Bank Nifty if it has already moved 160 points from its high to low by 11:30? @ThetaGainers

Sell near otms with double stop loss.

Avoid if stuck in a very small range.

Get out of both by 1

Aditya Todmal
@AdityaTodmal

3,500 TED Talks.

But only a few are worth your time if you're a trader.

Here is a list of 12 TED Talks to help you learn and grow: 🧵

Collaborated with @niki_poojary

Investing 101: A Beginner's Guide

By Nikhil Kamath

Breaks down investing in the stock market for complete beginners, mainly at the college

Investing in the Stock Market

By Vijay Kedia

Discusses the benefits of investing in the stock market through his own life

Everybody can achieve Financial Freedom

By @SharqSamsu

Talks on how everybody can achieve Financial Freedom in their

How I learned to read and trade stocks in prison

By Curtis "Wall Street" Carroll

This video will tell you, how to be more savvy with your

Aditya Todmal
@AdityaTodmal

@vrathore3187 Stock options master is @Pathik_Trader Sir.

You might wanna go through his timeline to enhance your learnings on how to handle stock options.

You'll find multiple set-ups, how he managed his trades etc through his timeline. ✌️

Gold hai twitter account unka.

Aditya Todmal
@AdityaTodmal

@Ronak_Unadkat Sir has more than 100 videos on his Youtube channel.

He mainly focuses on the same few concepts to take a trade.

I can teach you those in the next 5 minutes:🧵

Collaborated with @niki_poojary

1/— OI unwinding for Aggressive trades

Okay, so you must begin your search for these type of trades "ANYDAY AFTER 1 PM".

For eg:

If the market is going up and you spot some large unwinding on the call side.

Sell the immediate puts from where the market reversed to go up.

Where option sellers are trapped no need to check the support resistance as a big directional move is going to happen.

Just aggressively sell puts straight up, pocket the higher premiums and make high returns.

Explaining the logic in the next tweet.

Logic:

Simple, option sellers are tapped. In this case on the call side.

When a seller is trapped he will buy his option back.

Option buyer will not be in a hurry to square off as he is in profit.

This will result in a huge spike in calls.

A call option seller cutting his position means he is not confident that the market will go down or sideways.

We take a hint from him and sell puts to make a profit.

Aditya Todmal
@AdityaTodmal

One of the best accounts on Twitter that has a Youtube channel as well for learning price action is @ST_PYI.

Here are 36 of his best tweets to learn from: 🧵

How to Improve at

How To Improve At Trading,

1. Take 1 Method.

2. Execute 100 Trades.

3. Document those 100 Trades.

4. Analyze mistakes after every 20 Trades.

5. Aim to not repeat those mistakes.

In 1 Year, You will surpass your Wildest Imagination in terms of what you will achieve.
— Trade With Trend (@ST_PYI) April 30, 2020

How to Succeed In Short Term, Swing & Positional

To Succeed In Short Term, Swing & Positional Trading,

1) Begin with Sector Analysis (Strongest Sector)

2) Then, Stocks within the Strongest Sector

3) Check for Long Term Trend

4) Identify Entry ONLY in the Direction Of Trend.

Give this a Try. Your Growth will be Exponential.
— Trade With Trend (@ST_PYI) April 10, 2021

How to improve your results in swing

In Swing Trading,

Never Buy a Stock that is below 50 Day SMA

Always align with Broader market Trend

Focus on High Beta Stocks & Sectors

Select Stocks that are Trending (Not in a Range)

And, look for Volume expansion over last 10 days

Follow this. Your results will Improve.
— Trade With Trend (@ST_PYI) July 31, 2021

Simple Strategy for a Swing

Simple Strategy for Swing Trader,

1) 50 DMA should be rising (Align with Trend)

2) Wait for a Pullback at 50 DMA

3) Confirm with Hammer / Bullish Engulfing (Plus Volumes)

4) Use Stochastic Or RSI to confirm Pullback

5) Use Swing Low as SL

6) Stick to Quality Stocks
— Trade With Trend (@ST_PYI) August 12, 2020

Aditya Todmal
@AdityaTodmal

Things I know after Trading for 5 years that I wish I knew in my 1st year: 🧵

Collaborated with @niki_poojary

1. Stop trying to focus on theta decay to earn money. Use Price Action to build your capital & get profitable.

2. Quit Averaging trades. It is the worst thing you can do to your account.

3. Instead of averaging, reduce quantities when wrong and increase quantities when right.

4. Spend money on learning from the best. Don't spend too many years being in losses.

5. You can avoid big drawdowns as long as you focus on money management a lot.

6. If you were in losses, focus on how the best traders are earning and try to learn from them.

7. Non-directional trading is not the safest way of trading. Being against the trend can blow up your account.

8. Put some money into learning option selling. Start compounding with that knowledge. Let compounding work its wonders.

9. Focus more on learning. Less on negativity.

10. Focus less on building followers & more on providing maximum value.

11. Rather than showing off cars & vacation spots. Build friendships & relations with traders with a similar mindset to you.

12. Not every day will be a green day. Learn to accept losses and red days.

Authors Aditya Todmal