BC SWING TRADING STRATEGY
Saved by @idilipkori

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.

 What is this Volume Climax?

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.
Now one to observe in Metropolis chart is after that volume spurt candle, the uptrend had paused.
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%.
So this volume spurt on non corporate action day can bring pause in the existing trend and it can start the opposite trend.

In the above example, when price was in uptrend, it went in downtrend and vice versa is also applicable.
In below example, #IOLCP was in downtrend when volume got spiked. After that, the price moved up by 20% in a few days.

Seems easy right?

But there are some rules that I have created for my own trading. Let's see that now.
So one will ask how much volume spike should be there?

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).
Now where to look at Volume Spike?

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.
What's the rule for trading?

⚡️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
⚡️Once the price closes above the high, buy that stock and keep stoploss a few points below the low of the candle in which the spike is there.
⚡️Sometimes candle will be big and sometimes it will be small, so better risk 2-3% of the total capital in each trade.
⚡️Keep Risk:Reward of atleast 1:2. So let's say risk in stoploss is 10 points, then reward/target has to be more than 20 points.
⚡️I also use 10-20% target for short term and 40-50% target in positional trade. You can use this rule as well.
⚡️As we are taking reversal trade, hence no need for trailing stoploss. Exit if your target is hit or trail aggressively.
⚡️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.
Now let's see an example in which I personally took the trade based on Volume Climax and also it was shared on Twitter.

#DMART Weekly Time Frame formed Volume Climax Pattern and after breakout stock moved up by 100%.

Risk was hardly 20% in this.
Same thing can be used in Daily/Monthly time frame considering your trading style.

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.
You can check how this setup works on the stock and also comment about the returns that you would have made based on this.

Just a reminder that it is not a holy grail strategy, so follow the trading plan properly and exit if stoploss gets hit.
Expecting that this strategy will be copied by YouTubers/Trainers after seeing the performance and they will twist it a bit and sell it.
But it doesn't matter. The foundation of the strategy is important it is shared here for free.
That's all about the strategy.

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

More from Yash Mehta

Yash Mehta
Yash Mehta
@YMehta_
Here is the list of Top 5 Free Advanced Technical Indicators that you can use in @tradingview for your trading 🧵:

Few of these indicators are designed by me.

Also, the last indicator is one of my favourite to pick early momentum stocks.

1/ CPR:

It is a popular indicator of the trading community. One can try it for Nifty and Banknifty futures and options

2/ Relative Strength (RS):

This indicator helps in identifying stocks that are showing strength against benchmark (Nifty or any Index). It can help you to hold and ride the

3/ Ratio Chart:

This plots ratio chart of two stocks or index, e.g. Reliance/Nifty.
It is the same as Relative Strength, and you can use PA on the ratio chart to pick momentum stocks

4/ NIMBLR F2F Momentum & Indecisive Candle Finder:

This is based on F2F interview of @Deishma.
This indicator helps you to identify momentum and indecisive candle as discussed in the F2F.

F2F Link:
ALL , TRADING INDICATORS
Yash Mehta
Yash Mehta
@YMehta_
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.
ALL
Advertisement
Yash Mehta
Yash Mehta
@YMehta_
In the early stage, most of the traders & investors use indicators in their analysis.

Here is a master thread of how most of the indicators can be used in trading/investing to increase accuracy for free🧵:

Also, the last indicator and strategy is my favourite of all in trading.

1/ Moving Average is a very common indicator.

This thread is on what are the different ways of using the moving average


2/ RSI is one of the momentum indicator for traders.

In this thread, I have shared different ways of using RSI. Also, an investing strategy is shared, which can help you to pick stocks that can give you good


3/ CCI is another amazing indicator that is used by momentum traders.

Shared few strategies with CCI which a trader and investor both can


4/ CPR is one of the most popular indicator in the trading community.

This thread covers everything about the CPR indicator and how to use this indicator in
ALL
Yash Mehta
Yash Mehta
@YMehta_
Screeners helps trader in saving lot of time in filtering best stocks out of 5000+ listed stocks.

Here is the list of top 7 Free Strategy and its respective screeners that I use:

Also, last screener is my favorite to pick early momentum stocks.

1/ Golden Crossover:

Golden Crossover of 20 EMA above 200 EMA is a good strategy used by the trader. This screener will help you in identifying stocks that has given golden

2/ CCI Momentum:

CCI is a good indicator to find out stocks that are bullish and are in momentum. I had already shared a thread on the same.

This screener will help in identifying stocks for which CCI has crossed above

3/ Bullish Engulfing:

Bullish Divergence is a setup used by contrarian traders.
This screener will help in identifying stocks in which bullish divergence is

4/ Bearish Engulfing:

Bearish Divergence is a setup used by traders to take contra trades.
This screener will help in identifying stocks in which bearish divergence is
CATAGORY TRADING , ALL , FINANCE
Yash Mehta
Yash Mehta
@YMehta_
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
OPTION TRADING

You May Also Like

Christina Warren
Christina Warren
@film_girl
A brief thread on Jovan Hutton Pulitzer, the crazy con man who is now claiming to have hacked into the Georgia voting machines in Fulton County. 90s kids and tech aficionados might remember Jovan as the inventor of the CueCat, the dumbest gadget of all time.

Also, for anyone who wants to claim that Jovan Hutton Pulitzer (not his given name, but one he changed legally after the CueCat debacle) invented QR Codes: he did not. Like that other right-wing crazy man who claimed to have invented email, Jovan didn’t invent QR Codes.

He did invent the CueCat, a product that somehow raised $185 million dollars for a tethered barcode scanner for magazines and newspapers, so you could get ads from your ads. As I said, the dumbest product of all time. Good backup barcode scanners after they were hacked, however

Oh, that’s another thing. When CueCat was a thing, its systems were hacked. I guess that’s what makes Jovan a security expert. His bankrupt company from 20 years ago was hacked and widely mocked. He’s a genius.

In recent years, Jovan pivoted to being a treasure hunter who was featured on and widely mocked on Curse of Oak Island, because the man is insane.
POLITICS
Tinker \u274e
Tinker ❎
@TinkerSec
Singing the Blues:
Taking Down an Insider Threat

"I had all of the advantages. I was already inside the network. No one suspected me. But they found my hack, kicked me off the network...

...and physically hunted me down."


Many pentests start from the outside, wanting to see how the perimeter might be breached.

This pentest started from the inside. My client wanted to assume they had already been breached, and, if breached, how far could an attacker go.

Could they stop me once I was inside?

So they snuck me in. Disguised me as a new employee. Gave me a work computer, an ID badge, an account in their system... hell, I even had a cubicle w/my assumed name on it.

The only person who knew who I really was was their CISO. Everyone else thought I was Jeremy in Marketing.

During most of the first morning, I completed onboarding, made introductions, and completed menial tasks.

But I had to act quick. I only had a week onsite. I had to hack their network while not raising suspicion.

So I set about it.

You have to understand... most "Internal Pentests" are straight forward. The hard part is breaching the network, but once you're inside, it's a target rich environment. End of Life computers, default passwords, everyone a Local Administrator...
TECH
Advertisement
Lu_lu\U0001f498
Lu_lu💘
@luciame16
Some thoughts on episode 54 of #Hercai

If you ever cross the distance and come to me, come with love that blooms in your heart.
~ Şems-i Tebrizi

#Reyyan #Miran #ReyMir #EbruŞahin #AkınAkınözü
#HercaiThoughts


1
I have to make a note before writing about this episode. I was the person (still am) who thinks that bringing back D. was a bad idea. I repeat it that for me the writing of S1 and S2 is like tossed into the bin with that plot evolution, but they had to invent something+
#Hercai

2
+ to be able to continue to prolong the general story after Aslan’s story did not work out. All the suffering of M., all the crying seems for “nothing” for two seasons and we viewers are also kind of fed up in seeing him cry all the time when with the upcoming episodes+
#Hercai

3
+he is justified the most to cry. With her resurrection now the attention shifts back to Miran’s storyline and I don’t know if I like this to be honest. This said, Dilsha is here and we have to deal with her.
#Hercai

4
So, my comments are going to be how I find they wrote her into the story, the details we get to know, the flashbacks we get to see, the way it was filmed and directed, with leaving out if I agree on it or not but describing along the way what I saw.
#Hercai
CULTURE
Noah Smith
Noah Smith
@Noahpinion
Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.


See this thing that @lymanstoneky wrote:

And see this thing that I wrote:

And see this book that @JamesFallows wrote:

And see this other thing that I wrote:
SOCIETY
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
ANCIENT BHARAT WAS CALLED VISHWAGURU, AND IT REALLY DESERVED IT.

India had a well developed education system centuries before the westerners arrived and called us uncivilized. Education was always given a great importance in Indian civilisation since times immemorial.


Ancient India had the Gurukulas and Ashramas as the epicentres of the knowledge and enlightenment. Bigger Gurukulas served as the centres of higher education called universities. Besides these universities, temples also emerged as the major learning centres.

Studying the Holy Scriptures, character building, personality development, responsibilities towards self,family and society,discipline and preservation of the ancient culture and heritage were the key embodiments of education.

This kind of education system made ancient India, a centre of knowledge all over the world. Many foreign students came to India for education and India was called the 'Vishwaguru'.
Takshshila and Nalanda were the two prominent universities of ancient India.


But were these only Universities of ancient India?The answer is 'No'.Let's learn about these gems of our education system that flourished across ancient India & be proud.

NALANDA UNIVERSITY
This was the oldest university of ancient India.Situated in Nalanda distt. of Bihar...
ALL