Everyone think against his own trade after entering a trade.
- Don't move SL accept it
- Don't exit before SL hit
You analysis is๐ฉ once you are in a trade and that will improve with time.
Mistakes to avoid in Intraday ๐งต๐งต
8 Years Experience in 8 Tweets
Worth any workshop of 10-15k
Re-Tweet Like to help others ๐๐
Everyone think against his own trade after entering a trade.
- Don't move SL accept it
- Don't exit before SL hit
You analysis is๐ฉ once you are in a trade and that will improve with time.
Intraday is a game of small SL and you might hit SL even if your analysis is correct.
Give chart some space to move and let it take your SL of 1000 quantity but if it moves in your fav then increase it to 2-3k
Only when SL is very tight -
1) Naukri - Explained in chart
2) Reversal Big Quantity explained in BNF
Many beginners only trade with 3-5 min TF
Dude you know nothing in 3-5 min TF, its like taking trades from ground floor and pro traders checking daily TF are at 5th floor.
Their sight from 5th floor is better
Explained here ๐
https://t.co/BXKaJ0fNcj
Time Frame importance -
— My First Stock (@myfirststock99) May 14, 2022
1) 3 min - For Execution
( indicators provide early signals and less reliable)
2) 15 min - to look at trend of week, Support and Resistance of last 4-5 days
3) Daily - to check current trend and Short Term S-R (More reliability)
Charts - pic.twitter.com/SWHcQQ8m0F
Don't trade when EMAs are away
Trade when they are close
Trade always in direction of trend
Big candles with heavy volume are trend setters
and we are trend followers
Big green means long day and big red means short day
- A stock at 5% up can do 10% and 20% also you never know
- Never limit yourself trading a stock at 5% up
- Similarly don't take assumptions that this stock move less or this one moves more
Every stock moves with volume and on some news
More from My First Stock
How to Find Multibagger Stocks
How to create screeners and use them
How to read charts ๐งต๐งต
A thread of all my Threads
Kindly Re-Tweet to help others ๐
1) How to find #Stocks for Short Term
2) Important Scanners for Stock Selection
3) How to Create Screeners on Chart Ink
4) Here are the 10 Candlestick patterns you must
How to create screeners and use them
How to read charts ๐งต๐งต
A thread of all my Threads
Kindly Re-Tweet to help others ๐
1) How to find #Stocks for Short Term
How to find #Stocks for Short Term Momentum
— My First Stock (@myfirststock99) May 21, 2022
A thread with 10 Screeners \U0001f9f5\U0001f9f5\U0001f9f5
Kindly Re-Tweet like for Max Reach \U0001f64f
2) Important Scanners for Stock Selection
Important Scanners for Stock Selection
— My First Stock (@myfirststock99) May 3, 2022
A Thread \U0001f9f5
How to Select Stocks for Intraday and Short Term
Re-Tweet If you want to see Intraday Dashboard for alerts \U0001f64f
3) How to Create Screeners on Chart Ink
How to Create Screeners on Chart Ink
— My First Stock (@myfirststock99) May 28, 2022
A Thread with 10 Screeners\U0001f9f5\U0001f9f5\U0001f9f5
Kindly Re-Tweet Like for Max Reach
Lets Help \U0001f64f
4) Here are the 10 Candlestick patterns you must
Candlesticks are Base for Analysis of Charts
— My First Stock (@myfirststock99) August 15, 2022
Here are the 10 Candlestick patterns you must know
A Thread \U0001f9f5\U0001f9f5
Kindly Re-Tweet for Max Reach
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MASTER THREAD on Short Strangles.
Curated the best tweets from the best traders who are exceptional at managing strangles.
โข Positional Strangles
โข Intraday Strangles
โข Position Sizing
โข How to do Adjustments
โข Plenty of Examples
โข When to avoid
โข Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
โข When to sell
โข How to do Adjustments
โข Exit
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
โข Sold Strangles 20% cap used
โข Added 20% cap more when in profit
โข Booked profitable leg and rolled up
โข Kept rolling up profitable leg
โข Booked loss in calls
โข Sold only
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
โข Identified a reversal and sold puts
โข Puts decayed a lot
โข When achieved 2% profit through puts then sold
Curated the best tweets from the best traders who are exceptional at managing strangles.
โข Positional Strangles
โข Intraday Strangles
โข Position Sizing
โข How to do Adjustments
โข Plenty of Examples
โข When to avoid
โข Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
โข When to sell
โข How to do Adjustments
โข Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
โข Sold Strangles 20% cap used
โข Added 20% cap more when in profit
โข Booked profitable leg and rolled up
โข Kept rolling up profitable leg
โข Booked loss in calls
โข Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
โข Identified a reversal and sold puts
โข Puts decayed a lot
โข When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
