Also, there are 3 strategies one may deploy according to their risk appetite:
1. Aggressive Traders (1.6%)
2. Moderate Risk Traders (0.93%)
3. Low-Risk Traders (0.6%)
#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
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5
Why few traders are going bankrupt after attaining huge success.
— Mitesh Patel (@Mitesh_Engr) September 4, 2021
Could be the following psychology.
During initial days trader is generating huge ROI with less capital.
There are many strategies in market \U0001f4c9and it's possible to get monthly 4% return consistently if you master \U0001f4aain one strategy .
— Kavita (@Kavitastocks) September 4, 2021
One of those strategies which I like is Iron Fly\u2708\ufe0f
Few important points on Iron fly stategy
Here is the detailed information of about strategy,
— itrade(DJ) (@ITRADE191) September 4, 2021
Entry time : 9.30 - 10
Exit : Upto you
Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle
If it takes 15 Long Years (180+ months) to Build the First Crore Rupees, the Second will take a Few Years Lesser. The Third will be Effortless & The Fourth Happens Seamlessly.
— Fundamental Investor \u2122 \U0001f1ee\U0001f1f3 (@FI_InvestIndia) September 5, 2021
This is the Power of Patience, Base Effect & Compounding !!!#FI
How to save tax when income is above 50 lakhs?
— Aditya Todmal (@AdityaTodmal) March 1, 2022
Here are 9 benefits of trading in a corporate account: \U0001f9f5
Collaborated with @niki_poojary
Some people think technical analysis is useless.
— Aditya Todmal (@AdityaTodmal) March 4, 2022
But we use technicals in all our trades.
Here's a list of 12 technical analysis books to help you learn and grow: \U0001f9f5
Collaborated with @niki_poojary
A lot of websites provide you with data for trading.
— Aditya Todmal (@AdityaTodmal) March 5, 2022
However, I liked the free website of Icici Direct the most.
Here is a breakdown of what it can do: \U0001f9f5
Collaborated with @niki_poojary
The best spreads trader on Twitter: @Ronak_Unadkat
— Aditya Todmal (@AdityaTodmal) March 6, 2022
He trades in Nifty & Bank Nifty via spreads majorly.
In the Jainam Broking Speech, he shared how he trades debit and credit spreads:
Here's a breakdown of his 10 step method: \U0001f9f5
Collaborated with @niki_poojary