1) Make sure I have a plan when buying a stock
2) Move SL up as go along
3) Stay strict with my support and resistance levels
4) Scale as the stock price moves up
Thread on "Reading the Tape" / Level 2 / Time and Sales
— Ace (@LunarAces) May 29, 2021
Research tips: Step by Step guide with examples\U0001f4ab
— MoeTradess (@MTradess) September 26, 2021
Questions you need to ask & where you can find the answers!
Resource- Company website
-Who are they?
-what do they?
-Is it unique?
-Is it popular?
-Can it grow in sales?
-Who are the management?
-Who\u2019s leading the team? pic.twitter.com/Q2GF4RY11n
Thread on "Reading the Tape" / Level 2 / Time and Sales
— Ace (@LunarAces) May 29, 2021
No one explains EMAs either, so here are my 9/20 EMA rules. I have to give credit to @MullinsMomentum for introducing me to these. I adopted some stuff from him, and the rest I developed my own way of using them. Here's a thread of how I use them:
— Ace (@LunarAces) May 30, 2021
Why and how 90% of retail traders lose and how you can join the 10% that win. This is by far the most important thread I've made. I truly hope this helps change your lives.
— Ace (@LunarAces) June 14, 2021
Position sizing, risk management, and trading around your core thread:
— Ace (@LunarAces) June 28, 2021
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5