A Crash course on Wyckoff Methodology - More than 100 year old, time tested and age proven methodology for Buying and Selling Stocks.
This is what Darvas and Jesse Livermore also followed.
https://t.co/XiWmRoWveh
More from Professor
Good Books for learning Price Action.
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
Book name plz
— \ufe0e (@12354368ys_g) March 4, 2022
Forgot to mention one point. How to trail profits in Breakout trades.
One of the best way that I know is ATR based trailing.
Here is an example https://t.co/BTATx5fyW6
One of the best way that I know is ATR based trailing.
Here is an example https://t.co/BTATx5fyW6
An example of ATR based TSL.
— Professor (@DillikiBiili) April 9, 2021
SL for coming candle is Low of the just completed candle - ATR of previous candle. Chart is self explanatory. https://t.co/D95iv4t5j6 pic.twitter.com/e8BkO2j5rn
OI Data reading seekh lo:
See Large OIl buildup kin strikes par hai and in between strikes data kaise move ho raha hai.
Thumb Rule:
Calls Reduction + Puts addition = Upthrust
Calls Addition + Put Reduction = Down move
Higher the Delta OI velocity, faster is the move.
See Large OIl buildup kin strikes par hai and in between strikes data kaise move ho raha hai.
Thumb Rule:
Calls Reduction + Puts addition = Upthrust
Calls Addition + Put Reduction = Down move
Higher the Delta OI velocity, faster is the move.
For Nifty Intraday Traders: As of now, this seems to be a buy on dip market and looks like there won't be any juicy trades on short side. Will update if data changes. https://t.co/PCIyyPld4A pic.twitter.com/ES3o4z60rY
— Professor (@DillikiBiili) March 11, 2022
More from Screeners
So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d