The best traders are all directional traders.

We should be investing our time into learning what the best traders are doing.

I have traded with @niki_poojary for the past year, who is an aggressive directional trader.

Here are my 10 learnings trading with her: 🧵

1. Learn directional trading

If you want to be the best, you have to be very good at gauging the direction of the market and then betting aggressively.

Practicing this style over a lot of years will give you an edge which will help you compound your account quicker.
2. Levels based trading

Premium-based sellers put an SL of double or triple in the system which has a very high probability of taking your SL.

Irrespective of premium price, just stick to the charts.

A simple understanding of S&R enables you to take trades on levels.
3. Patterns

Chart patterns are necessary to understand market trends and to predict further movements, which helps us in deploying our trades accordingly.

Eg: A symmetrical pattern means prices have squeezed a lot and an expansion is soon on the cards.

Cont. 👇🏻
Likewise, after a strong momentum, some consolidation can be expected.

Entry/Exit triggers can also be determined on the basis few patterns.

She focuses on:
1. Symmetrical Triangles
2. Rectangle breakouts
3. Flag breakouts
4. M or W breakouts
5. Range breakouts
4. Take high risks when you are winning

If you want to grow your account faster, you'll be required to take a lot of risks.

Conservative traders may make consistent returns, but not higher returns.

Cont. 👇🏻
Eg: A trader targets 1% a week.

Over 50 weeks, he'll win 40 weeks and lose 10 weeks if you take an 80% win rate.

Assuming, winning 40 times gives him 40%, and losing 10 times takes away 10%. (assuming a 1:1 risk-reward)

So, the Net ROC is 30%

Cont. 👇🏻
Despite trading conservatively, it's almost impossible to have all green weeks.

You're bound to lose a few times over a year.

If one wishes to grow his/her account then it's important to learn to trade aggressively.
5. Profit Money

One needs to first build a profit cushion by trading conservatively in the initial period.

Once the war chest is built, all you are doing is staking the profit money, so that your capital is intact.
6. Stop Loss

Earlier whenever I used to go long in futures, I never used to keep any SL as those were blue-chip stocks.

Instead, I used to sell CE's against my positions.

I used to end up holding them for at least 2 to 3 months and see huge red mtms.

SL helps psychologically.
7. No time wastage in a trade

Post trading on patterns, it's simply a target or SL.

So you get to know whether you are right/wrong pretty quickly.

Better to know early if it's wrong as you can bet elsewhere without getting stuck in a trade that isn't giving you returns.
8. Expiry Trading

The decay is extremely fast on an expiry day.

If you get your bet right on this day, you can potentially make very good money.

We take more risk on expiry days compared to other days.

Even next year, we will be focusing on expiry days the most.
9. Weekly Analysis

Weekly analysis helps in determining a range and helps us to gauge the strikes which have a high probability of expiry OTMs.

Accordingly, our trading blueprint is formed.

Without such weekly plans, we would just be selling CE's or PE's randomly.

Cont. 👇🏻
Here's a thread on how I learned to make a weekly trading plan from @niki_poojary

https://t.co/aVh21muOYi
Hope you discovered something new (because that's the point!)

If you did, share it with a friend

Hop back up to retweet the first tweet

See past threads here: @AdityaTodmal & @niki_poojary
If you liked this thread, here's another one I think you'll enjoy.
https://t.co/bv2mbhSaLn

More from Aditya Todmal

Master Thread of all my threads!

Hello!! 👋

• I have curated some of the best tweets from the best traders we know of.

• Making one master thread and will keep posting all my threads under this.

• Go through this for super learning/value totally free of cost! 😃

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on

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The first ever world map was sketched thousands of years ago by Indian saint
“Ramanujacharya” who simply translated the following verse from Mahabharat and gave the world its real face

In Mahabharat,it is described how 'Maharishi Ved Vyasa' gave away his divine vision to Sanjay


Dhritarashtra's charioteer so that he could describe him the events of the upcoming war.

But, even before questions of war could begin, Dhritarashtra asked him to describe how the world looks like from space.

This is how he described the face of the world:

सुदर्शनं प्रवक्ष्यामि द्वीपं तु कुरुनन्दन। परिमण्डलो महाराज द्वीपोऽसौ चक्रसंस्थितः॥
यथा हि पुरुषः पश्येदादर्शे मुखमात्मनः। एवं सुदर्शनद्वीपो दृश्यते चन्द्रमण्डले॥ द्विरंशे पिप्पलस्तत्र द्विरंशे च शशो महान्।

—वेद व्यास, भीष्म पर्व, महाभारत


Meaning:-

हे कुरुनन्दन ! सुदर्शन नामक यह द्वीप चक्र की भाँति गोलाकार स्थित है, जैसे पुरुष दर्पण में अपना मुख देखता है, उसी प्रकार यह द्वीप चन्द्रमण्डल में दिखायी देता है। इसके दो अंशो मे पीपल और दो अंशो मे विशाल शश (खरगोश) दिखायी देता है।


Meaning: "Just like a man sees his face in the mirror, so does the Earth appears in the Universe. In the first part you see leaves of the Peepal Tree, and in the next part you see a Rabbit."

Based on this shloka, Saint Ramanujacharya sketched out the map, but the world laughed
IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.

It also discusses the evolution of universe.(
https://t.co/2aK1AZSC79 )

Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )


In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.