1/n I have not seen a single 2 - 3 day position trading system which is as simple as this. Experts will say RSi not applicable in 15 min time frame, I say first understand the the calculation of RSI :-). no need of scanner.
just discipline and risk mgmnt
#RSI #divergence

2/n: System as explained before:
4 step process
1. Identify stock from EOD chart
2. Look for RSI Divergence in 15 minutes
3. Wait for Consolidation and range break.
Trade in the direction of break.
4. Trail for at least 1:3 RR or SL.

3/n: Had posted last week about weak EOD chart of MnM. See what happened this week despite the fact that the overall market was bullish.
It is a zero loss trade now.
Invest in yourself. No guru can make you a successful trader. #hardwork #discipline

4/n: there are many more examples of this if you see my timeline. it works across markets even in bitcoin lol!
Keep it simple. Trick is always in the risk reward and position sizing.
Must only take trades which have minimum 1:3 RR.
Do not use excessive #leverage.

5/5: Charlie Munger: “If you’re smart you don’t need leverage; if you’re dumb, it will ruin you.”
Cant put it better as I have been on both sides :-)

Tamasoma Jyotirgamayah!
#weekend #learn #trade #success

#positional #trade #HAPPSTMINDS
Risk reward of 1:5 - settled for it given the market conditions.

#NSE #priceaction #candlesticks #nsebullrun

#swing new trade.
#GUFICBIO

#priceaction #hammer #candlesticks
#NSE #nsebullrun

When market opens gap up/down, i check two stocks always. #HDFC and #HDFCBANK.
In first candle #HDFCBANK gave signal that today is a bulls day.
RR 1:6 on a high volume trade.
#daytrading #NIFTY #NSE #BANKNIFTY

#priceaction #candlesticks

#smallminters

#Apollohosp looks fantastic on charts
#NSE #priceaction V shaped hit for bears.
#candlesticks

#HDFC hum abhi start kar rahe hein aur baba log bol rahe #NF 16500. looks set for pataka move
- so are #HDFCBANK #HDFCLIFE

#DELTACORP lot of resistances ahead. Worth taking the gamble I feel. Could move up to 363.
#NSE #goa

Most important candlestick patterns for stock selection:
Candlesticks are very good representation of psychology of traders in the market and hence the success rate of candlesticks pattern is very high.

@dtbhat sir bought #ADANIPORTS for delivery.
Looks like 840 - 1020 on cards

#ASIANPAINT nicely setting up. patiently waiting with GTT order #candlesticks #priceaction

@dtbhat What a great news. We need it to come to 1425 - -1174 levels right sir.