Mistakes to avoid in Intraday ๐Ÿงต๐Ÿงต

8 Years Experience in 8 Tweets

Worth any workshop of 10-15k

Re-Tweet Like to help others ๐Ÿ™๐Ÿ™

1) Psychology Mistakes - Don't change your stand after entering a trade

Everyone think against his own trade after entering a trade.

- Don't move SL accept it
- Don't exit before SL hit

You analysis is๐Ÿ’ฉ once you are in a trade and that will improve with time.
2) Position Size Mistakes - Don't enter with big quantity at once

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
3) Still want to take Big Position size ??

Only when SL is very tight -

1) Naukri - Explained in chart
2) Reversal Big Quantity explained in BNF
4) Time frame mistakes -

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 ๐Ÿ‘‡
https://t.co/BXKaJ0fNcj
5) Improve trades with EMAs magic -

Don't trade when EMAs are away

Trade when they are close

Trade always in direction of trend
6) Never go against Big candles Never โŒ

Big candles with heavy volume are trend setters

and we are trend followers

Big green means long day and big red means short day
7) No assumptions in trading Seriously

- 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
8) Follow the process, system and just don't loose Big

- You will hit 8/10 SL in starting
- This number will improve to 6/10 and gradually to 5-4/10

Let market take some money, don't mind but when it rewards you, make sure you don't exit early

Take rewards in Bulk ๐Ÿ˜„
Re-Tweet first tweet to spread the learning

Joni telegram for more such threads
https://t.co/i2GEoB7pS2

More from My First Stock

How to Find Multibagger Stocks

How to create screeners and use them

How to read charts ๐Ÿงต๐Ÿงต

A thread of all my Threads

Kindly Re-Tweet to help others ๐Ÿ™

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

You May Also Like

THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits โ€“ that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less.
https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N โ‰ˆ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have โ€“ much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
๐™Ž๐™๐™–๐™ง๐™ž๐™ฃ๐™œ ๐™ข๐™ฎ ๐™ฌ๐™ž๐™จ๐™™๐™ค๐™ข ๐‘พ๐’๐’'๐’• ๐’ƒ๐’† ๐’”๐’–๐’“๐’‘๐’“๐’Š๐’”๐’†๐’… ๐’Š๐’‡ ๐’•๐’๐’Ž๐’๐’“๐’“๐’๐’˜ ๐’– ๐’“๐’†๐’‚๐’… ๐’•๐’‰๐’† ๐’”๐’‚๐’Ž๐’† ๐’”๐’•๐’–๐’‡๐’‡ ๐’Š๐’ 50๐’Œ ๐’˜๐’๐’“๐’Œ๐’”๐’‰๐’๐’‘ ๐’๐’“ ๐’”๐’๐’Ž๐’†๐’๐’๐’† ๐’Ž๐’‚๐’๐’‚๐’ˆ๐’Š๐’๐’ˆ ๐’š๐’๐’–๐’“ ๐’Ž๐’๐’๐’†๐’š ๐’˜๐’Š๐’•๐’‰ ๐’”๐’‚๐’Ž๐’† ๐’๐’๐’ˆ๐’Š๐’„
Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.
Moderna CEO Stephane Bancel was previously CEO of bioMerieux in France from 07-10.

Alain Merieux, who owns bioMerieux, was instrumental in the creation of the Wuhan Institute of Virology P4 Lab.

The same people who helped create the virus, also helped to create the vaccines...


Moderna partnered with French Pasteur Institute in 2015 to develop mRNA vaccine technology.

Pasteur Institute partnered with the Wuhan P4 Laboratory in 2017 along with the Merieux Foundation to study emerging viruses...
https://t.co/yFsHwrNYaK
https://t.co/9M5lydBKhM


Nobel prize winning scientist Luc Montagnier asserts that Sars-Cov-2 is man-made and originated from the Wuhan Institute of Virology.

Montagnier did extensive work with the Pasteur Institute in France which was partnered with the Wuhan P4.

Merieux Foundation & the Chinese government have worked together since 1965, and partnered to study emerging pathogens in Africa in 2015.

Their research included "PATHOGENS CARRIED BY BATS" that provoke respiratory diseases.

๐Ÿšจ๐Ÿšจ๐Ÿšจ
https://t.co/gVwpT0ssqI