12 TRADING SETUPS used by professional traders:๐Ÿงต

Collaborated with @niki_poojary

@niki_poojary Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in โ†“
@niki_poojary 1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped risk.

(@jigspatel1988)

https://t.co/VDcvtPikoC
@niki_poojary @jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual legs.

(@jigspatel1988)

https://t.co/T31Ly4Cgjq
@niki_poojary @jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's low.

(@Pathik_Trader)

https://t.co/NP21EMsBd7
@niki_poojary @jigspatel1988 @Pathik_Trader Here are the backtesting results of the open Drive strategy.

https://t.co/KSmj0B9lsA
@niki_poojary @jigspatel1988 @Pathik_Trader 4/ Setups on PDC and PDH (Previous Day Close/High)

This is an intraday set up to be used on the long side.

Both PDC and PDH will be used as supports.

2 examples are given for better understanding.

(@Pathik_Trader)

https://t.co/DkqJi5DBrC
@niki_poojary @jigspatel1988 @Pathik_Trader 5/ High Probability Reversal Setup 80-20

This is a setup for Swing traders.

Another setup involving decision points.

(@Pathik_Trader)

https://t.co/0WldTmZOli
@niki_poojary @jigspatel1988 @Pathik_Trader 6/ Fake Paradise (Reversal Setup)

The setup uses a 20-day high or low with conditions to catch reversals with good Risk Reward.

R:R is so good, that even 1:5 Risk Reward trades are possible.

7 examples have been shown in this setup.

(@Pathik_Trader)

https://t.co/O6tqhmdB7J
@niki_poojary @jigspatel1988 @Pathik_Trader 7/ Open = High or Open = Low Setup

(@Pathik_Trader)

https://t.co/bsV2y1hZnD
@niki_poojary @jigspatel1988 @Pathik_Trader 8/ Trapping Inside Bar (Positional Setup)

Wait for Nr4+ib to fail & catch it and execute the trade the next day.

NR4 = Narrow Range for 4 days

IB = Inside bar

(@Pathik_Trader)

https://t.co/DdAEUTnn9t
@niki_poojary @jigspatel1988 @Pathik_Trader 9/ Straddle setup

Opening within previous day range

Straddle premiums below 20 sma

(@sourabhsiso19)

https://t.co/UUMrdMirPG
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 10/ Shorting high momentum stocks

(@DillikiBiili)

https://t.co/NpThuSzTbE
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 11/ Trading Momentum stocks

(@DillikiBiili)

https://t.co/qXJPfno2T2
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 12/ NR21-Vwap Strategy

(@jigspatel1988)

https://t.co/LTggqWJeYU
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili That's a wrap!

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Curated tweets of @sourabhsiso19

Found awesome content: โฌ
1. Moneycontrol
2. Bank nifty Strangles/Straddles
3. Learnings
4. Expiry Trading
5. Directional trading
6. Long Term Investing
7. Pivot system
8. DHS pattern
9. Multiple trade management threads/ways.

Moneycontrol article on @sourabhsiso19


What Sourabh does and how to trade like him?


Why trade multiple systems? โฌ
1. Keeps drawdown at minimum.
2. Strong money management can be applied.
3. Better psychology.


Thread on how options allow you to change your positions in a dynamic manner.
Compilation of the best learnings from @BankniftyA through his tweets.

Have compiled his:

1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.

Share if you find it helpful so that everyone can benefit.

A pdf of his moneycontrol article where you can read about his journey and how he trades.


Advice on how to not let your mood influence your decisions.


Expiry day Trading:

How to become better?

When I had spoken to him on phone he advised me to backtest all expiries and rigorously practice them again and again to develop conviction. Superb advice!


Acts based on support and resistance levels from charts

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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.

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