->Moreover you would find, Price goes near a level and stick to it or sustains there, in almost all cases it’s gonna big trending day.
How do I approach and trade?
-> Draw lines at Daily, weekly swing High & Low
-> Draw lines at hours resistance & Support
-> Now Check the trend on daily and hourly and board trade with 20% Capital size naked with Sl.
-> Either Sl or favour move.
->Moreover you would find, Price goes near a level and stick to it or sustains there, in almost all cases it’s gonna big trending day.
-> If there is rejection, then trades accordingly.
-> If comes into favour, I ll exit at predefined calculated targets as per Eliot wave, Pivots, Price action you can follow anything, results are almost same.
https://t.co/9g7YUDIafa https://t.co/vcxXsVhcqZ
Don't memorize patterns, candlesticks, and etc
— Namrata (@Chartsbank) July 5, 2020
If you want to get better at this gam,ask yourself
What are traders on the sideline thinking?
Where will other traders get trapped?
Where\u2019s the path of least resistance?
Where will new players enter?
Where will losers cut loss?
https://t.co/aacqojiG06 https://t.co/RxZf9Mh1ln
All newbie must go this link to understand markets psychology...https://t.co/LUiQpEBOhp
— Namrata (@Chartsbank) July 29, 2020
How to trade options?
— Namrata (@Chartsbank) August 1, 2020
-> Options can be traded via bias only.
Either Bullish, bearish, Neutral or mild bullish/ bearish.
Now its turn how to play that bias.
1. Now let me tell, when you expecting market to go up
How to play that.
One must do Performance review on monthly basis. As per me,it should not b done that you earned 'X' amount this month or last month 'Y' ...rather it should b like this \u27a1
— Namrata (@Chartsbank) August 2, 2020
If a person taking risk of 10K , if he is making 5-7K per trade then it doesn't make sense.
Everyone talks about market Psychology.
— Namrata (@Chartsbank) August 7, 2020
What actually mean it?
Does big boys consistent traders do really hv a different psychology?
If Yes, then How?
Let me cover what I personally do when I encountered with SL hit.
— Namrata (@Chartsbank) August 19, 2020
-> When my stops are hit and I take a loss, I stand back and review the market action for two possibilities:
What is #Trend
Does it hv #Momentum
Isn’t it #Over_bought_sold
Does #Volume supporting move
If options writing then view on #Volatity
Once you know these 5 things, make a system around this and you are done ✅
Next time when you ll see same pattern, you ll recall and say ...ohh yeah ..last time happened so & so..
Money is made this way only for me.
-> Let it come S/R or mean reversion
-> Wait for Entry trigger
(a) Rejection Candle for Reversal
(b) Big body BO candle
-> Hold till it reaches another Demand/Supply zone.
That’s it.
If it trades above this, my view is bullish or vice versa.
-> After Big candle
-> I scale in once price retraces to VWAP & make pin bars with Sl at other end.
PDL broken & rejection at VWAP making pin bar.
Sl is another End of pin bar.
Let\u2019s learn the divergence.
— Namrata (@Chartsbank) January 24, 2021
Whenever I teach, my moto is to make u master in that. U should get something new to learn even though when u already know that thing.
Divergence:- When price is not synchronised with the oscillator then the divergens occurs means
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🩸Types of
There are 4\u20e3 type of #BREAKOUTS
— The Chartians (@chartians) January 22, 2021
1\u20e3 Breakout with no retest
2\u20e3 Breakout with a re-test
3\u20e3 Breakout with a hard re-test
4\u20e3 Failed breakout.
We Will Explain it one by one with examples. Kindly Retweet it if you find it useful. #Nifty
🩸 Detailed guide on TX, a free trading tool by
A detailed guide on #TX3 by @EdelweissFin
— The Chartians (@chartians) August 8, 2021
Software worth 50,000/- for F R E E \U0001f3c6
Scroll down \U0001f447 for detailed analysis
(Using for 2+years)
User guide PDF \U0001f4d9 https://t.co/Ke7Bn2jRO8 #chartians #momentum #StockMarketindia #trading #tx3 #edelweiss pic.twitter.com/6M7TCYpPLc
🩸 Fibonacci retracement and golder ratio - Part
\U0001fa78FIBONACCI retracement and GOLDEN RATIO - PART 2
— The Chartians (@chartians) August 8, 2021
Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge. pic.twitter.com/HDlcOa5ZPP
🩸 Fibonacci retracement and golden ratio - Part
\U0001fa78FIBONACCI retracement and GOLDEN RATIO
— The Chartians (@chartians) August 7, 2021
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0