A Thread on the Boss himself @Mitesh_Engr
Mitesh Sir's Positional Option Selling 101:
β’ How to find direction
β’ Which options to sell
β’ How to deploy capital
β’ Exit criteria
β’ What ROI he targets weekly
β’ What % risk he takes
Done with the help of @niki_poojary
How @Mitesh_Engr Sir finds the direction?
β’ Daily charts S/R
β’ 75 min charts S/R
β’ Intraday trend
β’ Always play directional
β’ Never trades in strategies
Which options to sell in weekly expiry according to @Mitesh_Engr?
β’ Weekly candle High/Low
β’ Sell 1% away options from those
β’ Exit when levels breached
Position Sizing by @Mitesh_Engr Sir.
How to deploy your capital?
β’ First sell 20%
β’ Pyramid the next day
β’ When to exit
β’ What to do when view goes wrong
β’ What to do with idle capital
Some important tweets of @Mitesh_Engr Sir
β’ What Data to look at
β’ ROI for safe players per month
β’ Max risk per day
β’ Gather knowledge and play directional
β’ Never play strategies