When market opens gap up/down, i check two stocks always. #HDFC and #HDFCBANK.
In first candle #HDFCBANK gave signal that today is a bulls day.
RR 1:6 on a high volume trade.
#daytrading #NIFTY #NSE #BANKNIFTY

#priceaction #candlesticks

#smallminters

More from pradytrader🎯💉🥋

pradytrader
@pradytrader1

#Apollohosp looks fantastic on charts
#NSE #priceaction V shaped hit for bears.
#candlesticks

$pradytrader\U0001f3af\U0001f489\U0001f94b$

pradytrader🎯💉🥋...
@pradytrader1

1/n I have not seen a single 2 - 3 day position trading system which is as simple as this. Experts will say RSi not applicable in 15 min time frame, I say first understand the the calculation of RSI :-). no need of scanner.
just discipline and risk mgmnt
#RSI #divergence

2/n: System as explained before:
4 step process
1. Identify stock from EOD chart
2. Look for RSI Divergence in 15 minutes
3. Wait for Consolidation and range break.
Trade in the direction of break.
4. Trail for at least 1:3 RR or SL.

3/n: Had posted last week about weak EOD chart of MnM. See what happened this week despite the fact that the overall market was bullish.
It is a zero loss trade now.
Invest in yourself. No guru can make you a successful trader. #hardwork #discipline

4/n: there are many more examples of this if you see my timeline. it works across markets even in bitcoin lol!
Keep it simple. Trick is always in the risk reward and position sizing.
Must only take trades which have minimum 1:3 RR.
Do not use excessive #leverage.

5/5: Charlie Munger: “If you’re smart you don’t need leverage; if you’re dumb, it will ruin you.”
Cant put it better as I have been on both sides :-)

Tamasoma Jyotirgamayah!
#weekend #learn #trade #success

pradytrader
@pradytrader1

@dtbhat sir bought #ADANIPORTS for delivery.
Looks like 840 - 1020 on cards

pradytrader
@pradytrader1

Most important candlestick patterns for stock selection:
Candlesticks are very good representation of psychology of traders in the market and hence the success rate of candlesticks pattern is very high.

pradytrader
@pradytrader1

@dtbhat What a great news. We need it to come to 1425 - -1174 levels right sir.

More from Stockslearnings

Aneesh Philomina Anton...
@ProdigalTrader

If u are a day trader, irrespective of the TF u trade, u should align urself with the trend in 15min TF. Avoiding whats happening in 15min TF, is highly dangerous and will end up as a very costly mistake.

Colibri Trader
@priceinaction

MACD and how I use it

Aneesh Philomina Anton...
@ProdigalTrader

Before making ur trade entry or even before making a bias of trend as either bullish or bearish, do u use any objective measures to define the trend based on price, volume and momentum?
Price will always go back and forth move no matter how strong the trend is.

1/4

So an objecctive way of defining the trend as bullish or bearish will help u to stay out of counter trend trades which usually not only hit SL, but slippages tend to be quite high in case of those trades. If u dont believe that, u can either check ur journal .

2/4

In the pic, an example was shown with objectively defining the price trend based on momenum. If price is bullish then either take long entry while price pulls back on 20 SMA or when it makes a new breakout, its very very safe method.

3/4

Even one can use simple MACD for defining the trend. Indicator doesnt have any magic, be it custom made or default one. Trick is in identifying the bias when its quite clear and obvious and not to trade till then.

4/4

Aditya Todmal
@AdityaTodmal

Here are my top 10 best tweets of the week: 1st September.

• Lessons learned from Trading Mistakes
• Moneycontrol article on a pro option seller
• Rakesh Jhunjhunwala investing strategy.
• What do you really need?
• Stocks to invest for long term

A thread 🧵

Best Trading books to read - check the comments section for some great

What's the best trading book you've ever read?
— Steve Burns (@SJosephBurns) September 30, 2021

Lessons learned from some trading

Trading Mistakes & Lessons Learnt \U0001f9f5

1) I always keep my mistakes & lessons learnt in front of my screen while trading.
Bcz we as traders tend to commit the same mistakes everytime.

So seeing your learnt lessons everyday ensures that you avoid them.

#trading #mistakes pic.twitter.com/4MYFlCS9Hi
— Sourabh Sisodiya, CFA (@sourabhsiso19) September 30, 2021

In spite of being rejected in many things, we can still be

I had been rejected many times in my life few are:

-I was Rejected in a BPO job interview 2006

-I was Rejected in Indian Idol 2011

But Market accepted me as a student since 2013 and journey on

Don\u2019t lose hope when you rejected by someone, keep trying you will succeed.#ASAN
— ASAN (@Atulsingh_asan) September 30, 2021

Moneycontrol article on @Pathik_Trader to learn how to trade breakouts with good risk management & position

Small article on my trading journey covered by Shishir in moneycontrol. Thanks a lot shishir.\U0001f942\U0001f942

It's kind of dream come true moment. \U0001f60d\U0001f942

Thank you everyone for inspiration & support. Special thanks to @sanstocktrader @Stockengg @VRtrendfollower\U0001f942\U0001f942https://t.co/0fk2gpd1qv
— Pathik (@Pathik_Trader) September 27, 2021

Kool Aggarwal
@Pharma_ITC_Bull

Why 52w/ LTH stocks have no price targets...

For three years I have wanted to write an article on moral panics. I have collected anecdotes and similarities between today\u2019s moral panic and those of the past - particularly the Satanic Panic of the 80s.

This is my finished product: https://t.co/otcM1uuUDk
— Ashe Schow (@AsheSchow) September 29, 2018

The 3 big things that made the 1980's/early 1990's surreal for me.

1) Satanic Panic - satanism in the day cares ahhhh!

2) "Repressed memory" syndrome

3) Facilitated Communication [FC]

All 3 led to massive abuse.

"Therapists" -and I use the term to describe these quacks loosely - would hypnotize people & convince they they were 'reliving' past memories of Mom & Dad killing babies in Satanic rituals in the basement while they were growing up.

Other 'therapists' would badger kids until they invented stories about watching alligators eat babies dropped into a lake from a hot air balloon. Kids would deny anything happened for hours until the therapist 'broke through' and 'found' the 'truth'.

FC was a movement that started with the claim severely handicapped individuals were able to 'type' legible sentences & communicate if a 'helper' guided their hands over a keyboard.