its include how it works
if its not work what to do
how you plan your whole execution
and for this you just need to study this 2 images shared by sir
how to make VAR
2⃣
so many friends want to learn trend following & read multiple books
but today i made thread from knowledge shared by most experienced trend follower and best mentor for psychology & mindset
after studying tweets by @Trendmyfriends sir you don't need any book or strategy
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its include how it works
if its not work what to do
how you plan your whole execution
and for this you just need to study this 2 images shared by sir
how to make VAR
2⃣
did we have knowledge of any strategy ?
or we join any webinar or training for learn trend following strategy ?
this is 4 set-ups sir trade and recommend to trade for trend following
you don't need anything expects this.
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Below is 100 years old Trading techniques, & none of Technical indicators can even come near to it.
The only issue is, only 1% of Trader in the world has the mindset to do it.
( words copied from sir's tweet )
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1-Donchian channels (DC) for entry
2-Super Trend (ST for Sl/TSL.for entry only in case of MR or unwind move
3-ATR use for Pyramid n in certain case to see outperformance of the stock
4-CCI-Ranking n market breadth
5-Sector outperforms vs Nifty/Vol/OI- for Intraday/BTST
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if market is week and anyone what to short stock this one tweet is full strategy
https://t.co/m8eZXh9Bbi
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Don't want to panic any new traders or anyone who is bullish, just take a note in case you want to play short if market gives opportunity.
— Trendmyfriend (@Trendmyfriends) June 20, 2021
shorting is not easy as a sudden spike will always there to take you out from short trades, if new best to try hands through option or STBT. pic.twitter.com/FNWkj2r95M
Reason- when stock make new high no one in loss so who will sell. No Supply
& when stock breaking low no one in profit so who will hold. No Demand
lets try below
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and now regretting why you not followed trend ,
don't get upset ,
this is solution
9⃣
read this two tweets
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for understanding SL read this tweet
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this insights is very helpful
1⃣3⃣
in traders life we want to do everything like trend following , option buying , option selling , intraday , swing etc..
but for trend following just one handle @Trendmyfriends is sufficient to learn everything
1⃣5⃣
END
