12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

A thread about STBT options selling,

The purpose is simple to capture overnight theta decay,

Generally, ppl sell ATM straddle with hedge or sell naked options,

But I am using Today\u2019s price action for selling options in STBT,

(1/n)

— Jig's Patel (@jigspatel1988) July 17, 2021

Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n)

— Jig's Patel (@jigspatel1988) July 4, 2021

#OpenDrive#intradaySetup

Sharing one high probability trending setup for intraday.

Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)

(1/n)

— Pathik (@Pathik_Trader) April 16, 2019

Already explained strategy of #opendrive

Backtested results in 30 stocks and nifty, banknifty.

Success ratio : approx 40-45%

RR average 1:2

Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL

39 months 14 months -ve, 25 +ve

Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy

— Pathik (@Pathik_Trader) May 27, 2020

So today we will discuss two more price action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as Support

— Pathik (@Pathik_Trader) June 20, 2020

#ReversalSetup
80-20 setup

I am going to share one high probability reversal setup for swing traders.

Before i explain setup below are few rules.

\u25cf Stock should have body of nearly 1% on Previous Day.

\u25cf For INDEX Body should be more than 0.5% on previous day.

(1/n)

— Pathik (@Pathik_Trader) May 11, 2019

#FakeParadise#ReversalSetup

Before i share this setup, let me tell you this is not a easy setup to trade without deep understanding.

So let's discuss the setup and what does it mean!!

(1/n)

— Pathik (@Pathik_Trader) May 19, 2019

I have two different setups to trade on open=high/low.

One i have already shared which is open drive.

If i don't get open drive and i trade second setup, implementation is same as open drive but one condition is change.

(1/2)

— Pathik (@Pathik_Trader) June 14, 2019

#TrappingInsideBar#positionalSetup

Guys many of us have faced stoplosses many a times when we trade INSIDE BAR STRATEGY.

So to get very few refined setups i have made new setup which will give us few trades but quality trades.

Details below

Examples as nd when i get ll give pic.twitter.com/pCquVIeSoq

— Pathik (@Pathik_Trader) June 26, 2019

How to manage straddles :

1) As bnf open was within yesterday range created a 29000 straddle at around 9:30 am

29000 PE sold at 528 and
29000 CE sold at 453#trading #OptionsTrading pic.twitter.com/aPvB0iFvkA

— Sourabh Sisodiya, CFA (@sourabhsiso19) November 20, 2020

very important thing-
when to short high momentum stocks?
1. rsi- when it crosses 88 to 90 level
2 . option chain - when ever there is sharp increase in oi
at nearest strike with rsi around 88 to 90
these level will be a strong resistance
suppose-

— Professor (@DillikiBiili) January 21, 2021

trading setup for momentum stock-
1.volumes - should be minimum above 50 day avg
2. trading minimum above 150 day moving average
3.indicator- vwap and bollinger band
4.rsi should above 58
5.for f&o-fut #oi should be increased by 5 to8% of total contract in two trading session

— Professor (@DillikiBiili) November 29, 2020

Guys,
Today I am sharing how I will filter out the stock for intraday trade,

This strategy is called "NR21-VWAP" trading,

For filtering the stock I will use NR21 + Inside bar theory (its a very old but popular theory),

Filtering stock used below screener end of the day
(1/n)

— Jig's Patel (@jigspatel1988) August 7, 2020

I went from 20,000 to 100,000 followers in 11 months.

But most of that growth came from 9 threads - which on their own generated 46,00,000 views.

So here's a recap of those 9 threads (and what they can help you with):\U0001f9f5

Collaborated with @niki_poojary

— Aditya Todmal (@AdityaTodmal) May 28, 2022