BTATx5fyW6

An example of ATR based TSL.

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
— Professor (@DillikiBiili) April 9, 2021

More from Professor

Professor
@DillikiBiili

Starting the Beginner’s Pathway thread for Fundamental Investing.

One Chadarmod on timeline posted that I’m giving gyan without having experience or expertise.

So I’ll begin with paying my portfolio performance tribute to these charlies.

https://t.co/GNM5SsNFNo

Sadda Haqq ! Aithe Rakhh......... pic.twitter.com/IH5q3v2gw9
— Professor (@DillikiBiili) October 5, 2021

Fundamentals based investing can generate serious wealth as the most famous (rather infamous) Warren Buffett has shown.

In India also we have many success stories like @VijayKedia1 @Raamdeo R K Damani Rakesh Jhunjhunwala Late Chandrakant Sampat and many many more....

Though I can't stop mentioning that both Rakesh Jhunjhunwala and R K Damani were traders in their initial days.

Rakesh Jhunjhunwala still trades, he once said Traing is fun, its le fatafat, de fatafat

A lot of people (specially the beginners) buy stocks based on some friend's recommendation : XYZ le le, pukka chalega, maine bhi le rakha hai.

Few might have made money this way, but most do not. Why ?

There has to be a process.

Fundamentals based investing need thorough analysis of the Business & Company.

Here is a preliminary checklist by the legendary investor Peter lynch

Professor
@DillikiBiili

@MaanNischay I prepare a potential list From Bhav Copy OI Build up & OI Decrease data and watch them regularly.

Professor
@DillikiBiili

Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.

In this we'll see Open Interest basics and Option Chain Analysis.

There are two types of Options, Call Option & Put Option.

This graphics show when to buy and when to sell options.

The first thing that we need to know is the moneyness i.e. whether an Option is At the money (ATM), In the money (ITM) or Out of the Money (OTM).

The strike closest to the market price is At The Money.

I have tried to explain OTM & ITM in a very simplistic & easy manner.

Option chain of Nifty can be seen here

Professor
@DillikiBiili

Crude Oil again making attempt to cross the resistance, but not much strength. Price action is weak..... https://t.co/aue7SOxLvU

Crude Oil could not clear resistance and down to US$ 108/Bbl pic.twitter.com/GWfXpnM7pZ
— Professor (@DillikiBiili) May 16, 2022

Professor
@DillikiBiili

Jab tak ki meri book nahi aati, ye kar lo:

1. Go through Zerodha Varsity chapters on Technical Analysis at least 2 times.

2. Then read 'Technical Analysis Explained' by Martin Pring

3. Finally read 'Price Action bar by bar' by Al Books (Not for casual reader).

Sir @DillikiBiili , could you please suggest a book for technical analysis ?
— Pawan Yadav (@pawan_yadav86) March 25, 2022

More from Stoploss

$\u0154aja\u0155\u0161h\xec\u021ba \U0001f4a1\U0001f4c8\U0001f4c9$

Ŕajaŕšhìța 💡📈📉...
@RajarshitaS

Importance of #stoploss 😊

#WAFwd

jitu
@Jitendra_stock

How to set Small Stop loss ??

Please👇

1️⃣ If we trade on Monthly chart - stop loss set on weekly lower low

2️⃣ If we trade on Weekly chart than SL on Daily LL

3️⃣ Daily chart - Hourly LL

4️⃣ Hourly chart - 15 minutes LL

5️⃣ 15 minutes chart - 5 minutes LL

Sheetal Rijhwani
@RijhwaniSheetal

The absolute best thread to read on trailing methods by @Traderknight007

Read and follow this.. he has aptly explained about various methods to trail.

2. TRAILING METHODS-

1. SWING POINT METHOD-

In this method we use the swing points or the HH- HL OR LH-LL points for placing sl,

In this method we trail our sl when the stock make a Higher low after our entry and keep Trailing the sl till it hits. pic.twitter.com/CqzCkLdWmC
— Trader knight (@Traderknight007) December 24, 2020

$Anshika Sharma\u26a1$

Anshika Sharma⚡
@Anshi_________

90% Traders use Stoploss but many of them don't know how to use it properly,

Everything you need to about deciding, placing and calculating a stop loss and position sizing..

A Thread🧵

In this thread, We will learn

1. Stop Loss placement.
2. Calculation of Stoploss.
3. Calculating Position Size.
4. Probably never get bankrupt trading.

We need a stop Loss to determine where should we cut or exit the trade.

We exit the trade because the price structure starts
showing an opposite move than we had anticipated and hence it should no longer make sense to ride in the opposite direction.
Stop Loss is to be placed at that area where the market structure has turned in the opposite direction

To illustrate, in an uptrend market as illustrated below, if the Low from which a new high is made, gets broken, we can assume that the market structure is broken and the trend has changed.
If the above scenario happens, an SL at the level which changes the mkt strctr is logical.

SL is necessary
1. To find the area where the MS might change and
hence it'll become illogical to keep a trade going whilst
market structure is pointing a move in the opposite direction.
2. To calculate the Position Size of the trade.

Learn to Trade
@learntotrade365

Retailers late sellers who place sl at visual reference levels are thrown out. Avoid placing sl at same location were retailers place stoploss https://t.co/qctgpFYLnK

This is the reason for retailers stoploss. Check it out \U0001f447 https://t.co/fnHPgzCCVn pic.twitter.com/njvqgM9PI3
— Learn to Trade (@learntotrade365) July 28, 2021