You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.
#Volume #Climax is something that I have observed.
In this thread🧵, I am sharing a #trading strategy that I am using based on this.
Like❤️and Retweet🔄 for wider reach.
You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.
Let's see some chart:
Below Chart is of #Metropolis when volume spurt occurred.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
In the above example, when price was in uptrend, it went in downtrend and vice versa is also applicable.
Seems easy right?
But there are some rules that I have created for my own trading. Let's see that now.
There is no mathematical definition for this. If you open the chart, just see that the volume is highest in the normal range of candle (can consider last 100 candles).
Volume Spike should happen after a downtrend/uptrend to catch the reversal trade opposite direction.
Which Time Frame?
Use Daily/Weekly/Monthly but don't use it in #Intraday.
⚡️After spotting the candle in which Volume Spike is there, mark high and low of that candle as it is very important.
⚡️As we are discussing strategy for buy, we will wait for the price in the next few days to close above the high of that candle
⚡️Sometimes candle will be big and sometimes it will be small, so better risk 2-3% of the total capital in each trade.
⚡️I also use 10-20% target for short term and 40-50% target in positional trade. You can use this rule as well.
⚡️If you see Volume Climax setup at support/resistance, then it is the best trade to take in swing/positional. Never miss such a trade.
#DMART Weekly Time Frame formed Volume Climax Pattern and after breakout stock moved up by 100%.
Risk was hardly 20% in this.
Best part of taking reversal trade is the risk on the basis of Stoploss is minimal.
Moreover, I use it only for buying as I don't prefer shortselling any stock.
Just a reminder that it is not a holy grail strategy, so follow the trading plan properly and exit if stoploss gets hit.
But it doesn't matter. The foundation of the strategy is important it is shared here for free.
If you find this strategy useful, then do give us a Thumbs Up 👍 by Liking ❤️and Retweeting 🔄the first tweet.
Thanks for Reading.
https://t.co/MgKNnAKEDH
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.#Volume #Climax is something that I have observed.
— Yash Mehta (@YMehta_) June 25, 2022
In this thread\U0001f9f5, I am sharing a #trading strategy that I am using based on this.
Like\u2764\ufe0fand Retweet\U0001f504 for wider reach.
More from Yash Mehta
So many free content available on Option trading, still very few are able to trade in options successfully.
Here is a master thread that will help a beginner to learn about Options Trading.
A complete course worth Rs 50K for free 🧵:
1/ Zerodha Varsity: Options Theory for Professional Trading
This book will give you a basic understanding of options works and what all thing impacts
2/ Zerodha Varsity: Option Strategies
This book has covered basic option strategies that a trader can use.
Still if you can't read this books then in the next part, summary of most of these things is
3/ Options Greeks:
A detailed thread on basics of Option Greeks and how it impacts Options
4/ Basic Option Trading Strategies:
There are many option strategies to trade. But keeping your strategy simple is the key.
In this thread, all the basic option trading strategies are being
Here is a master thread that will help a beginner to learn about Options Trading.
A complete course worth Rs 50K for free 🧵:
1/ Zerodha Varsity: Options Theory for Professional Trading
This book will give you a basic understanding of options works and what all thing impacts
2/ Zerodha Varsity: Option Strategies
This book has covered basic option strategies that a trader can use.
Still if you can't read this books then in the next part, summary of most of these things is
3/ Options Greeks:
A detailed thread on basics of Option Greeks and how it impacts Options
There are various Options Greeks like: Delta, Gamma, Vega, Rho, Theta.
— Yash Mehta (@YMehta_) September 4, 2022
A complete guide on how these #Option Greeks impact option price.
4/ Basic Option Trading Strategies:
There are many option strategies to trade. But keeping your strategy simple is the key.
In this thread, all the basic option trading strategies are being
Option trading is tough as there are many strategies based on different market view.
— Yash Mehta (@YMehta_) September 30, 2022
Sharing 6 basic Option Strategies for free that you can use based on different market view (sold as a \u20b9 25,000 course!).
A thread \U0001f9f5:
Over 99% of the option traders lose money in option trading because of not following proper Risk Management and Position Sizing.
In this thread 🧵, shared three steps that can help you in Option Trading even with small capital.
A complete course worth ₹ 50K for free.
1/ Creating a view based on some analysis:
It can be Technical/Chart, Option Chain or some Data analysis.
We have written a thread last week on what all the basic strategies you can use based on your view.
Checkout the thread
Now, after forming a view on a stock or index, don't directly jump to take the position.
Analyze the position first.
Some free tools that you can use are:
- Opstra
- @BeSensibull : Integrated with your Broker
We will talk on how to analyze Nifty Option trades from option selling perspective and what all things to look at.
Same thing you can replicate for Stock or Banknifty Options as well.
2/ Analyzing the position:
Let's say I am having bullish view on Nifty, then I can simply short Put Options and Hedge it as well so that margin requirement will reduce.
Let's assume Nifty is at 17000.
So I am looking to short 17000 PE and Buying 17800 PE.
In this thread 🧵, shared three steps that can help you in Option Trading even with small capital.
A complete course worth ₹ 50K for free.
1/ Creating a view based on some analysis:
It can be Technical/Chart, Option Chain or some Data analysis.
We have written a thread last week on what all the basic strategies you can use based on your view.
Checkout the thread
Option trading is tough as there are many strategies based on different market view.
— Yash Mehta (@YMehta_) September 30, 2022
Sharing 6 basic Option Strategies for free that you can use based on different market view (sold as a \u20b9 25,000 course!).
A thread \U0001f9f5:
Now, after forming a view on a stock or index, don't directly jump to take the position.
Analyze the position first.
Some free tools that you can use are:
- Opstra
- @BeSensibull : Integrated with your Broker
We will talk on how to analyze Nifty Option trades from option selling perspective and what all things to look at.
Same thing you can replicate for Stock or Banknifty Options as well.
2/ Analyzing the position:
Let's say I am having bullish view on Nifty, then I can simply short Put Options and Hedge it as well so that margin requirement will reduce.
Let's assume Nifty is at 17000.
So I am looking to short 17000 PE and Buying 17800 PE.
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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
As someone\u2019s who\u2019s read the book, this review strikes me as tremendously unfair. It mostly faults Adler for not writing the book the reviewer wishes he had! https://t.co/pqpt5Ziivj
— Teresa M. Bejan (@tmbejan) January 12, 2021
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x