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
8 - Stocks For Buy And Hold Forever:
— Pankaj Parekh (@DhanValue) September 22, 2021
1. Asian Paints
2. Pidilite
3. HUL
4. Colgate
5. Nestle
6. Abbott
7. Honeywell
8. PGHH
NB: ITC is not included here due to its tobacco business.
Discl: Have a check and satisfy yourself before investing.
\u26a1\ufe0fIf you are making 26% CAGR then Rs 10,000 invested at 23 has the same value as:
— Soumya Malani (@insharebazaar) September 19, 2021
Investing Rs 1 Lakh at 33
Investing Rs 10 Lakh at 43
At 26% CAGR, your money grows 10 times in 10 years.
Young earners should realize this power and start early.
No amount is too small to start.
Old Life Lessons:
— R.K. (@ipo_mantra) September 19, 2021
-Mind your Thoughts: If u are Alone
-Mind your Tongue: If u are with Friends
-Mind your Temper: If u are Angry
-Mind your Behavior: if u are in a Group
-Mind your Emotions: If u are in Trouble
-Mind your Ego: If God showers His Blessing
Do u want to add more ?
