BC TRADING
Saved by @jay_millerjay

So I saw #ShareYourForexStory is trending and Oh boy, do I have a story. 2019 was my lowest year financially and I needed to make quick wins and gains before we starved(Had 2 kids already). There was this scheme in Ibadan that claimed to pay 40% ROI for 6 months...see ehn

 I had stalled and watched my friends cash in returns and I felt like I was losing time. The same friends I told about it so we could research had made their money back by the third month while research was doing me...."gbogbo wa Lama je breakfast" abi? These ones were on Dinner
So I gathered money from selling my car and taking a loan cos with my calculations, I'd have returned their money by month 3 and still have 3 months of ROI to play with. I has asked what they were investing in, they said Forex, real estate and lending to bigger companies.
See ehn, *sobs* I sha *sobs* put all money inside o! The first month ended....shebi I should have collected my interest, as Mr Adu taught me Compound interest, I asked them to add it to my capital and I did same for the second month. I had started pricing cars and natives to wear
In fact, one week I had 4 tailors come measure me all the way in Ikorodu(Ogijo oooo) as my money was coming! My other friend....A Gen Z that just got inheritance money had put 30million naira in without telling me, babe has been collecting 10m a month without me knowing,
By the time kasala would boxx ehn, I had just collected the initial capital with a little flex money as extra and paid back the loan and brought groceries from ShopRite(Ikeja to Ikorodu o), a friend just called me that the owner of the company has been missing...dem kidnap am?
"Egbon e be like say him run ni" Run bawo? Business was good, he just completed his mansion and I was just paid naa, "Let's take this matter seriously o, Kidnapping is on the rise....why would they do this to this young man", then I couldn't sleep and thinking "what if....?"
Next morning, I called my friend and he was like "Egbon...."...."Tani egbon e", it's like umfortunation is worrying all of you abi? First started with denial, then acceptance, then violence, then calmness, then begging before accepting your fate....I witnessed all 6 in 2 weeks
So while everyone was doing dirty December that year, I was in the mud,....mo moun ojumitiri(I had seen things), shebi mine was better, Gen Z was threatening law suit and herbalists, I was just laughing at her naivety. If you like hire hired assassin, that man was gone!
It's not been all bad news tho, I picked up interest and learnt to trade myself with @TigerWitAfrica and yes, I have blown my account(see ehn..the head that will chop knuckle) but I've learnt to curb my greed and set stop losses and I've made serious money especially trading gold
I still remember the company sometimes and just brush it aside, last I heard, they were in court. Gen Z is still trying to pick up herself from the heavy losses but she's fine sha. Well here's my story, care to #ShareYourForexStory ?

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Thanks to Dr. @nicolefv, I was able to interview him for an upcoming episode of the Idealcast! 🤯

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I've read 4+ of his papers, so I thought I was familiar with his work. (Here's one paper: https://t.co/7X00O67VgS)

I was startled to learn he has also studied in depth what enables innovation. He wrote a wonderful book "Sidewinder: Creative Missile Development at China Lake"


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If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
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3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
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If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
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4/23

Number of wide range green bars with high volumes.
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Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

5/23
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Sarang Sood
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THREAD ON DELTA (The most important GREEK)

Many traders don't indulge in understanding GREEKS because they think they are very complicated.

There are 4 primary greeks:

Delta
Gamma
Theta
Vega

In my experience, understanding DELTA is enough to take benefit of greeks.(1/n)

Delta measures the rate of change of options price based on the directional movement of the underlying.

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Value of delta varies between 0 & 1 for calls and -1 & 0 for puts. This figure tells how much an option price will change, when the underlying moves 1 point. So example a delta of .2 of call indicates that for every 1 point change in the underlying, the price will move .2 (3/n)

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JayneshKasliwal
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How to Avoid Big Losses In trading ?

1. Avoid Stocks Below 200 ema
2. Sell Stocks in Stage 4 Down Trend
3. Dont Trade Stocks that are moving in Circuits
4. Avoid News based Trading

A thread With examples🔖

Retweet to Educate Your Trading Friends !
1/n

A Study Shows that 90% of the winning Stocks stay above 200 ema before a big Advancing Phase

1. Simply Not Holding or Buying Stocks below 200 ema Saves a lot of time and Money.
2. You can looses opportunity Cost if you buy stocks below 200 ema.
3. TimeFrame: Daily 200 ema

2/n


B. Sell Stocks in Stage 4 Down Trend

1. Stocks Exhibiting this are in complete Bear Grip
2. The 30 week ema acts as reference for stage analysis
3. These Stocks can be short sold on pullback to 30wema
4. Happens after Topping Phase
5. TimeFrame : Weekly , 30 Week Ema

3/n


C. Dont Trade Stocks that are moving in Circuits

1. Mostly these stocks are Speculatve and Operator Driven.
2. You never know what is the top of the trend and may get Stuck with Huge Losses

Example : TTML , Alok , Ruchi etc
This is Pyramid Structure and news driven also
4/n


D. Avoid News based Trading
1. Whenever a postive News comes in Market People Jump in Buying the Stocks without thinking .
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3. Your Money may get Stuck

Example : PnbBousing , AdaniPower
5/n
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Aditya Todmal
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12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


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Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's
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3) He was wearing a white shirt and tie and said to Dad “Is he disappointed because. The Marvel offices were just offices?” My Dad said yes and then the guy who had gray around his temples and a mustache said “hold on a second” and opened one of those office mailboxes with a key.

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How to get rich trading (without getting lucky)

Complete beginner’s guide to wealth of Rs 10 Cr in 10 years

Step 1: start trading live

1/n

Nothing can substitute experience of live trading

No amount of back-test, studies or indicators can substitute training your mind with screen time

As a beginner, In live trading, you will make losses almost everyday

2/n

So here are the conditions which you can’t violate in first year
If you can’t follow these rules, this document is not for you

Start with trading capital of Rs 1 lakhs

Max loss per trade 0.25%, i.e. 250 Rs

Max loss for the day, 1%, i.e. Rs 1000

Max 6 trades in a day

3/n

I know, these conditions will cripple you in terms of what all you can trade and how

But just like any start up, trading is also about making it through initial gruelling constraints of life

You will also learn, how to turn these adverse rules to your advantage

4/n

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Aditya Todmal
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12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given
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