The markets crashed yesterday, and they surged today.

Here are 10 things I learned.

Grab a 🍿.

First, dump that 🍿 and stop wasting time trying to grab 10 lessons from Mr. Market's antics in just 2 days.

2 days earlier, you were what you were. 2 days later, you are what you are. Nothing has changed.

Thank you for reading.

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

Those who use multiple screens, keep eyes and neck safe in long run
11 tips here

1
Sit at least 5ft away from nearest screen
2
Keep centre of upper half of screen at eye level
3
Keep brightness minimum and switch on bluelight filter

1/3

4
Blink ur eyes deliberately often and use caaboxymethylcellulose (after consultation) eye drops twice or thrice a day
5
Place main screen in the middle to minimise neck movement
6
Use chair with neck support and lumbar back
7
Use HD screen minimum and preferably QHD

2/3

8
Use all monitors with same display depth
9
Use one CPU with multiple monitors for better control
10
Keep the screen which use for brokers terminal farthest, stare less at PnL live
11
Do not eat heavy food/oily snack inbetween which tire u and impact focus

3/3

Something based on my experience:
In a truncated week (like this week), Assets move against the trend.

So if the trend is up, in a truncated week the assets can move opposite to the trend.

#Nifty #Markets.

9 hidden Chrome features guaranteed to make your life easier: 🖥

Tab Groups:

I've got a bad habit and I'm guessing you do as well.

Too Many Open Tabs!

Tab Groups are an easy way to still keep them open and get organized at the same time.

• Select multiple tabs
• Right-click
• Add tabs to a new group

Expand & retract as needed.

Control Audio / Video playback:

If you're working in one tab while listening to music or watching a video in another, there's no need to navigate away to make adjustments.

Pause, skip to the next track, adjust volume, and more by clicking the music note icon in the menu bar.

Custom search engines:

Turn your address bar into a search engine for basically any site with a "search" function.

Go to a site of your choice
Search for a topic
Copy the URL
Head to settings>Search engine>Site search>Add

Here it is in action:

Keyboard Shortcuts for extensions:

Did you know you can set up Keyboard shortcuts for all of your Google Chrome extensions?

Just enter the URL below and you can do exactly that.

chrome://extensions/shortcuts

Here I'll set one up to quickly access Similarweb on any page:

If you see a head and shoulder or an Inverted head and shoulder pattern on the chart, make sure you confirm the same with #Volumes.
Most #traders jump in without looking at volumes and blame the pattern for the failure.

#markets #nifty #BankNifty

Fellas, today's range breach is to be watched for....
Do you know why?

Nifty, BNF, RIL, Infy, some major banks all took resistance around their respective SVWAPs.

Stocks with high weekly delivery and good fundamentals with strong price action.

These should be part of your watchlist for any follow on action.

Perfect stocks as well as almost there both available here because no one is perfect on life.

Over 5 million people trade with @zerodhaonline

But ~90% don't know how to use their charting software optimally

Here are the 7 cool things you can do which you never knew 🧵

Collaborated with @AdityaTodmal

Many traders love @tradingview charting tool, but don't have a paid version/too lazy to follow the hacks that we shared

Traders who use @zerodhaonline as their broker platform can use @tradingview charting tool for free

Read this entire thread to know more

First things first, the default charting tool in Zerodha is ChartIQ

Change that to @tradingview by clicking on the profile settings

1. How to add indicators?

Open a blank chart & thereafter click on indicators to add whichever indicators you wish to add

2. How to customize further within an indicator?

For further settings within any indicator simply select the tool settings icon

Series VWAP. If interested in knowing more, check a FREE writeup here....

https://t.co/WxKNShO3pk

Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits.

Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.

Macd measures the difference between two Exponential Moving Averages (EMAs).

A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating..

Investors: with huge portfolio use week macd to spot -ve div. to "Part Book" once & during Bearish Cross over 2nd "Part book" & last one at Bearish centreline crossover. Start buying in parts when +ve div. start & add more with Bullish cross over & Bullish centreline crossover

Traders: Use in combo with basic EW knowledge to make entry & exits. When you combine studies of diff. time frames such as Week, Day & Hour, you have potentially a system which will follow prices to good accuracy.
No foolproof system but only more efficient one in relative term.

Credit where it is deserved.

How beautifully @ST_PYI explains in this video the concept of Relative strength & how simple things work in the market.

Looking for stocks making new high amidst this market correction

#ES rising but #Vix not falling.

⚠️Watch Out