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 ↓
A thread about STBT options selling,
— Jig's Patel (@jigspatel1988) July 17, 2021
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)
Thread on
— Jig's Patel (@jigspatel1988) July 4, 2021
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
(1/n)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
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)
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
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
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
#ReversalSetup
— Pathik (@Pathik_Trader) May 11, 2019
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)
#FakeParadise#ReversalSetup
— Pathik (@Pathik_Trader) May 19, 2019
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)
I have two different setups to trade on open=high/low.
— Pathik (@Pathik_Trader) June 14, 2019
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)
#TrappingInsideBar#positionalSetup
— Pathik (@Pathik_Trader) June 26, 2019
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
How to manage straddles :
— Sourabh Sisodiya, CFA (@sourabhsiso19) November 20, 2020
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
very important thing-
— Professor (@DillikiBiili) January 21, 2021
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-
trading setup for momentum stock-
— Professor (@DillikiBiili) November 29, 2020
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
Guys,
— Jig's Patel (@jigspatel1988) August 7, 2020
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)
I went from 20,000 to 100,000 followers in 11 months.
— Aditya Todmal (@AdityaTodmal) May 28, 2022
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
@MiteshFan @Mitesh_Engr @Abhishekkar_ MY TRADING SETUP .... I've been using it for a long time .. result good try it \U0001f607 pic.twitter.com/XThUD0ftbl
— itrade(DJ) (@ITRADE191) June 13, 2020
Volume Should always be above 20 pic.twitter.com/CPgxLgpPKF
— itrade(DJ) (@ITRADE191) June 13, 2020
— itrade(DJ) (@ITRADE191) August 25, 2020
— itrade(DJ) (@ITRADE191) October 20, 2020
— Harsh (@HarshAsserts) September 11, 2020
When trading,moods will want to influence ur decisions
— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Backtest the complete expiry and practice again and again till u develop conviction
— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Support and resistance levels based on technical charts on various time frames.
— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.
@moneycontrolcom did a detailed story on my trading journey.
— Sourabh Sisodiya, CFA (@sourabhsiso19) May 26, 2020
But many couldn\u2019t read it as it needed a pro-subscription.
So here\u2019s a blog on the same :https://t.co/dwN2xieUKd#trading #journey #quant #options #algotrading #markets #OptionsTrading
Getting many DM\u2019s on how I can learn and trade like you.
— Sourabh Sisodiya, CFA (@sourabhsiso19) January 10, 2020
To be a succesful trader one needs an edge
My edge:
1)focus on selected instruments (Banknifty majorly and few stocks)
2) backtested my strategies historically (for past 10years)
(1)
Do I trade only BNF ?
— Sourabh Sisodiya, CFA (@sourabhsiso19) March 4, 2020
Other than BNF intraday , I run few other systems too.
1) Intraday Momentum
2) Positional systems
3) Vol Crush Trade etc
Goal of system trading is to run few non-correlated strategies together so that system drawdown is at the minimum.#trading #systems pic.twitter.com/mS8jFEaLUW
Options Thread
— Sourabh Sisodiya, CFA (@sourabhsiso19) December 7, 2019
How options allows to change and adjust view dynamically.
Let\u2019s understand with a live example.
Example : Nifty is at 11921 and you are bullish on Nifty.
1) Buy Naked 11900 CE(call) at 167
Breakeven : 12068
Max Loss : Rs 12555
Max Profit : Unlimited pic.twitter.com/TXMhh5HWsd
Do you want to know how to create a Trading Plan using only Price Action?
— Nikita Poojary (@niki_poojary) October 26, 2022
Here's a breakdown of 11 simple yet powerful steps to create one: \U0001f9f5
Collaborated with @AdityaTodmal
10 most Powerful Intraday Setups with Screeners: \U0001f9f5
— Nikita Poojary (@niki_poojary) November 8, 2022
Collaborated with @AdityaTodmal
A set up which has a minimum Risk/Reward (R/R) of 1:4
— Nikita Poojary (@niki_poojary) October 2, 2022
This set up can be used for intraday, option selling, option buying, as well as investing.
Maximum profit strategy by Subasish Pani.
Bollinger band set-up: \U0001f9f5!
Collaborated with @AdityaTodmal pic.twitter.com/aEIUVQF2XY