It is absolutely fine if you ignore or disagree with my last 5156 tweets, we might have different trading strategies, different capital/mindset , but our aim should be to protect the capital. If you develop skill set to conserve capital, market will bless you.
— Trendmyfriend (@Trendmyfriends) August 24, 2019
A small note on VAR pic.twitter.com/7FmB2zQnRm
Below is 100 years old Trading techniques, & none of Technical indicators can even come near to it.
— Trendmyfriend (@Trendmyfriends) August 11, 2019
The only issue is, only 1% of Trader in the world has the mindset to do it.
Consult your doctor before doing it, as any sharp move opposite side may lead heart/blood pressure\U0001f489. pic.twitter.com/ueStYJFDs6
Top 4 set up I love to follow.
— Trendmyfriend (@Trendmyfriends) September 2, 2021
Buy all time high
Sell all time low
Buy 52 week high
Sell 52 week low
Buy 50 days high
Sell 50 days low
Buy above ST 10.2 (MR trade where DC 50 low & high is 10 ATR or more)
Sell below ST 10.2( MR trade for long unwind or shock therapy apply)
It is imp that ur trading style shd match with ur personality, what type of trading suites u mentally. Major money can be made by 2 type of Traders.
— Trendmyfriend (@Trendmyfriends) August 18, 2019
if we try to catch every move/indicators, its like Dogs that chase every cars on highway end up being dead.
Don\u2019t be Trader no 3. pic.twitter.com/5Xa4joN2DJ
I dont have any favourite list of stock as a Diwali picks but below will do for rest of life.
— Trendmyfriend (@Trendmyfriends) November 15, 2020
Buy all time high
Sell all time low
Buy 52 week high
Sell 52 week low
Buy 50 days high
Sell 50 days low
SL based on your VaR. I prefer daily or Hourly ST 10.2.#HappyDeepavali
Many Traders like to short gap up or long gap down after News/event/results.Though Risk reward looks very favorable but it carries big risk if gap sustain/extended for day. Indiscipline Trader lost big time.
— Trendmyfriend (@Trendmyfriends) August 11, 2019
Below are 2 set up we can look to play failed gap. 1st is my favorite. pic.twitter.com/oUMlFy8l7g
One of the best technical indicators I follow never disappoints me\U0001f447
— Trendmyfriend (@Trendmyfriends) June 2, 2021
When a stock makes high and no one wants to buy. Just buy it-buy overbought.
When a stock makes a new low and no one wants to sell. Just sell it-Sell oversold.
No way you can end up any finacial year in loss.
90% of traders spend 90% of the time to find/discuss top & bottom in stocks/indexes.
— Trendmyfriend (@Trendmyfriends) September 2, 2021
Don't waste your time to find top or bottom, These are two most dangerous words in Trading.
I lost good money & confidence in predicting what index/stock is going to do next.
it doesn't work.
Avoid words in trading
— Trendmyfriend (@Trendmyfriends) July 1, 2020
1Bahut upar gaya hai ab or jada kya badega
2Bahut gir gaya hai ab or jada kya girega
3Sl bad me dekhte hai
4Niche average karunga
5Ab to bhagwan ke hath me hai position
6bhai tuje kya lagta hai
7operator ne mera sl hit kiya
8Maa Kasam kal se ye galti nahi K
In the \u201990s when I went to father office near Bombay House. I saw many young Gujrati/Marwadi guys making good money, surprisingly they don't have
— Trendmyfriend (@Trendmyfriends) July 12, 2020
You tube
Whatsup
Telegram
CNBC/ZEE
Mobile
Below was written on each wall.
\u0a9c\u0ac7 \u0a89\u0aaa\u0ab0 \u0a9c\u0abe\u0aaf \u0a8f\u0aa8\u0ac7 \u0a96\u0ab0\u0ac0\u0aa6\u0ab5\u0abe\u0aa8\u0ac1\u0a82, \u0a9c\u0ac7 \u0aa8\u0ac0\u0a9a\u0ac7 \u0a9c\u0abe\u0aaf \u0a8f \u0ab5\u0ac7\u0a9a\u0ab5\u0abe\u0aa8\u0ac1\u0a82
IMP- It is always a question which stock to buy in the same sector if all stock is performing in the sector. e.g pharma/IT
— Trendmyfriend (@Trendmyfriends) July 31, 2020
I go by below order\U0001f447
1 Stock Break Life high
2 Stock Break 52 week high
3 Stock Break 50 days high
Usually if theme strong 1 & 2 give best reward.
try.
when index gives at least 3-4 ATR correction from the top n goes into some kind of support/consolidation, and during this time if any stock is making fresh 52 weeks/Life high must be bought into. usually, this stock has different games altogether, go n backtest. u will get best.
— Trendmyfriend (@Trendmyfriends) March 22, 2021
I like Jesse Livermore not because he was the best trader in the world, I like him as he taught us a great lesson at end of his life, i.e. Once Rule and Discipline Broken - GAME OVER
— Trendmyfriend (@Trendmyfriends) July 15, 2020
if Great Jesse can fail in Trading, you & I and all others are peanuts. pic.twitter.com/C2gjXZ5UBo
The most imp thing u need to do after booking big loss or Profit.
— Trendmyfriend (@Trendmyfriends) September 18, 2020
Do not trade on that day. Bcz in case of loss u will be very frustrate n take revenge/emotional trade.
And in profit u will be very overconfident & u take over leverage/wrong trade
In both case u will make loss.
Many years of Trading experience has Zero-value if we commit the same mistakes again and again.
— Trendmyfriend (@Trendmyfriends) June 2, 2021
Just take 2 mins off from the terminal, check the point no 24.
— Trendmyfriend (@Trendmyfriends) September 11, 2020
Its more imp to have some kind of hedge position before weekend, if you checked major disappointment all happen mostly on Monday.
so we just buy put/call for future position. or do index against the open positions. pic.twitter.com/Ss5egkrVLs
Many times we are having good chart set up & we know It is going for big move but due to event(Result/Policy) & Future risk, we ignore our good set up & regret once market prove us right.
— Trendmyfriend (@Trendmyfriends) August 12, 2019
Below is few basic check we can do before doing option.(Pro-Option Trader can ignore me \U0001f64f) pic.twitter.com/G3gaW4dPQG
How you know you are bad in managing profit of your trades.
— Trendmyfriend (@Trendmyfriends) June 12, 2021
1. Profit showing 50k and at the end you booked 20-30k loss.
2. profit booked 10k and after some time stock profit show 50-60k.
If above occurring twice a week n not fixed soon, it can spoil all hard work n system.
Similar to Rel logic, TAMO
— Trendmyfriend (@Trendmyfriends) August 3, 2020
If stock up/Down 2% from 9.15 to 9.30. thereafter if it breaks 15 mins high Buy Tata Moto with day low Stop loss.
The intraday move of 5-8% expected irrespective of nifty.
Additional Volume and OI is a bonus if you notice at the time of the trade.
Here is MoM I had with @Trendmyfriends . I have already posted my queries & his answers. If you go through all these points, you will come to know how big boys do trend following. Position size & risk management are important than trading system. A ton of thanks to him. pic.twitter.com/vlvIfoX9ss
— Jegathesan Durairaj (Jegan) (@itjegan) August 18, 2018
Recently I did basic research in #trendfollowing and tried backtesting as well. Here are my interesting observations. Thanks a ton to @Trendmyfriends who pushed me to try it out all these. Disclaimer: It is my view, it may differ from your view as well. pic.twitter.com/XYpHws8iGo
— Jegathesan Durairaj (Jegan) (@itjegan) August 22, 2018
— Harsh (@HarshAsserts) September 11, 2020
When trading,moods will want to influence ur decisions
— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Backtest the complete expiry and practice again and again till u develop conviction
— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Support and resistance levels based on technical charts on various time frames.
— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
