• Admire the fact that money can be made from intraday, scalping, positional, option buying, selling, futures, etc
• Try to understand which one fits you the most and apply that, then ignore the rest!
Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: 🧵!
Collaborated with @AdityaTodmal
• Admire the fact that money can be made from intraday, scalping, positional, option buying, selling, futures, etc
• Try to understand which one fits you the most and apply that, then ignore the rest!
• Here is a system that works for investing, scaping, positional, options buying and selling, futures etc.
• The R/R of this set up in intraday is 1:3 & for investing can go beyond.
• Exponential moving average is used, as it places a greater weight and significance on the most recent data points.
• Mean reversion theory: Asset prices usually tend to go back to normal or average levels after an extreme price move.
• Prices routinely oscillate around the mean but tend to return to that same average price over and over.
-Use monthly TF on charts
-Add the 5EMA indicator
-5EMA should not touch the high of the monthly candle; we'll refer this as 'Alert candle'
-Entry point: following month candle crosses the high of the Alert candle
-SL: low of the alert candle
• Post IPO (i.e. new stocks) track them using 5EMA set up in monthly for investing to identify the next multibagger.
• Select 5-6 stocks for investing.
• Pyramid the quantity as and when you are winning.
• When the investment doubles or triples, book out the original invested amount
•Stay invested with the profit, when the stock is making higher highs.
• Prefer shorting only in indices instead of stocks (on longer term TF)
• If a particular stock takes your SL twice or thrice then delete it from your watchlist.
• Investing is all about sizing & holding with patience.
• Subasish plans his SL as 10% of the investment value.
• Price is the lead indicator, so no need to bother about fundamental analysis
• Be ready to take one or two SL 's instead of giving forever time to let the stock prove its worthiness.
- Use 5min TF
- Add 5EMA indicator
- 5min candle low shouldn't touch 5EMA - we'll refer this as Alert candle
- Entry point: following 5min candle breaks the low of Alert candle
- SL: high of the alert candle & within Rs. 7-10k per lot
- Entry should be done within 10am
- Re-entry should be only once for stocks & within 10am
- Re-entry on indices can be done throughout the day
- Plan 5 trades a day
- Target is 1:3
- If SL of 7-10k per lot is too high then switch to cash
• Be indifferent to the color of the color just stick to the alert candle rule and breaking of the alert candle.
• 5EMA set up on 5min TF is only for selling.
• Selling always creates a snowball effect.
• Once the pre market gets settled at 9.07 am check the stocks that open with a gap up with 2-3%.
• Click on the link to get the pre market data of stocks click on % change to sort it.
https://t.co/KCv8UizoaC
- Use 15min TF on charts
- Add 5EMA indicator
- 15 min candle high should not touch the 5EMA, we'll refer this as Alert candle
- Entry point: following 15min candle crosses the high of the Alert candle
- SL: low of the alert candle
• 15min TF for buying.
• 5min TF for selling.
• Monthly TF for investing.
• This set up helps for scalping.
• This set up works for positional traders as well.
• This set up works in investing as well.
• For option selling and buying he sets a 10% SL of the prem value.
• Eg: If the option premium is at Rs.350 he will set a SL of Rs. 30-40.
• Initially, go for 1:1 R/R. Later on, as and when you understand the nuances, you can wait for 1:2 or 1:3 or tweak it as per your findings.
• If SL is too huge just ignore the trade as there is always another trade.
• Backtest this strategy for at least a month:
• Thereafter, scale up i.e. bet more on this system if you are winning.
• While in drawdown, use the opportunity to learn from mistakes to bounce back.
• Comparing yourself to those who perform better than you will leave you disappointed.
• Feel empowered that you get multiple shots in the market to perform better.
• Take an oath: Say loudly *I'll be a Trader!*
• Say loudly again: *I'll be a Trader!*
• Say loudly & this time mean it: *I'll be a Trader!*
https://t.co/dvGeT2FsGh
Celebrating 1million followers of #Powerofstocks a youtube channel by #SubasishPani
— Nikita Poojary (@niki_poojary) May 29, 2022
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Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.
