Discover and read the best of Twitter Threads about #TRADING

Most recents (24)

The first thing you should understand is what is your own personality. Then look for #trading systems, which suits your personality. Most #traders fails at this very first and basic step.
D reason i made this remark. Coz oflate i hv had a chance to understand lot of #traders around country Each trader has unique approach and it was nothing but what suits they personality. Initially i thought its good to knw lot of methods Bt then i realized its best to knw 1 self.
Method was function of 3 things
1. Personality
2. Trading Capital
3. Return Expectation

Here #risk is part of personality, so is patience. And discipline is something one cant live without. All of them are very disciplined. Arrived at their method after lot of self search.
Read 8 tweets
#Trading
Greatest Traders of All Times :

� Arthur Cutten: Turned $1,000 dollars into over $90 million dollars.
� Richard Dennis: Turned $400 into $200 Million in 10 years.
� Ken Griffin: Started in a dorm room and at 38 is worth $3 BILLION!
...
....
� Dan Zanger: Pyramid $10,775 into $42 million in less than 2 years!
� Michael Marcus: Rolled out a $30,000 account into over $80 MILLION.
� Tom Baldwin: Parlayed $25,000 into over $2 Billion.
� Ed Seykota: Made 250,000 percent return on his account over 16 years!
...
...
� Nicolas Darvas: Leveraged $25,000 into $2.25 million in 18 months.
� Michael Lauer: Provided investors with a 50-fold return over 7 years.
� Mark Cook: Registered back to back gains of 563% and 322%.
...
Read 9 tweets
[1/7] Technical analysis can be very complicated if you don’t focus on the most important basics, such as support and resistance levels. These areas represent a psychological level where the game is played between buyers and sellers.

#priceaction #trading #stocks #forex
[2/7] Let me give you an example:
If sellers overcome buyers, they will push the price below the support level. Some buyers will feel afraid to lose money because they see that the support level is broken. So, they will get out, and sell the market again to cover their loss.
[3/7] Other participants will notice that sellers are in control of the market, they will decide to sell the market and help the bears push the price to go down.
Read 7 tweets
The next two weeks will be about holding fort to attempt getting past the trading errors of this week.

Bad trades, bad decisions.

#trading #markets
The thing with bad decisions in trading or any other endeavor is that it begets other bad decisions.

The first thing is to get back to the basics and put things straight.

/2
The simple things go out of whack with these bad decisions.

#process
#positionsizing
#riskmanagement

/3
Read 6 tweets
@c_ehrbar Laugh all you want, I look at every timeframe on everything that I'm concerned with. I chose the 1H timeframe here, and even the 3m too on a facebook post, to serve as a "before" image if/when it plays out as quickly as expected. Then I can make something like this yet again.
@c_ehrbar An example of higher timeframe context that I've been providing... Notice how nicely it bounced from the .886 retracement 125 days after I posted it.

tradingview.com/chart/NDX/ca8z…

#StockMarket $DJI $NDX $SPX $SPY
@c_ehrbar I use that along with my analysis on #bitcoin itself, the individual indices, my "sum of that american indices divided by the price of gold" private chart, and several others to be almost certain of my medium-term scenario playing out, just as I was about #bitcoin goin up from 3k
Read 6 tweets
1. Erkenne einen Trend
2. bestimme einen guten Einstiegspunkt
3. bestimme einen "Stop-Loss" (Verlustgrenze)
4. Bestimme ein "Take-Profit": nicht ändern, ODER "mitziehen"
5. Korrigiere den Stop-Loss bloss in Deine Richtung (Stop [ins Plus] mitziehen)
Persönliche "Regeln":
- pro Monat maximal 50 Euro Einsatz

Public Go-Live:
- wenn 3 Verlust-Trades = Feierabend
- wenn zweimal 3 Verlust-Trades = 1 Tag Pause
aktueller Stand:
Read 41 tweets
++++Cosa sa la #Bce che noi non sappiamo? Nulla di buono. @ollirehn a @boersenzeitung : 'C'è bisogno di lanciare nuovi stimoli monetari, Bce si prepari al peggio'. E tassi Bund 10 anni scendono sotto tasso depositi Bce -0,40% +++++ bit.ly/2Javxgs #trading
@ollirehn @boersenzeitung @finanza_com @finanza_online @Borseit @pelias01 @AlienoGentile @carloalberto @ricpuglisi @albertobisin @monacelt @ollirehn : "Low inflation expectations are a 'great concern'; market based expectations are 'far too low'
Eurozone experiencing a longer phase of weaker growth, slowdown no longer temporary" VIA a @boersenzeitung In bocca al lupo #Lagarde
@ollirehn @boersenzeitung @finanza_com @finanza_online @Borseit @pelias01 @AlienoGentile @carloalberto @ricpuglisi @albertobisin @monacelt @ollirehn : "#ECB should prepare for stronger and prolonged slowdown, says better to prepare for the worst. ECB can change forward guidance, cut rates or resume #QE if needed VIA @boersenzeitung
Read 12 tweets
Como hoy es fiesta, vamos a jugar. Comencemos con una adivinanza. ¿A qué palabra corresponde esta definición de la @wikipedia?
Una pista?
Trastorno en el que la persona se ve obligada, por una urgencia psicológicamente incontrolable, a jugar y apostar, de forma persistente y progresiva, afectando de forma negativa a la vida personal, familiar y vocacional
Read 20 tweets
#TRADING HTF pivots vs price behaviour; Usually HTF pivots, monthly upper pivots acts as a resistance and monthly lower pivots acts as a support; if any of these breaks, there exists a prospective rally; it was observed in #BANKNIFTY AND #NIFTY today ....
....Price was hovering around Monthly upper pivot region for almost 2.5 hours before it broke out convincingly and subsequently a rally followed. Shows the significance and power of pivots and more particularly HTF pivots. The blue zone is the Monthly CPR (Central Pivot range).
Another eg of the significance of HTF pivots.... In this case the illustration is its resistance power.... Note price tries to break the Blue upper boundary and fails and drops all the way down....
Read 3 tweets
#TRADING Powerful combination : Weekly floor pivots and daily Camarilla pivots; Weekly upper floor pivots + daily Camarilla S3 confluence zone acts as a solid support zone. Weekly lower floor pivots + daily Camarilla R3 confluence zone acts as a solid resistance zone....
.... Backtest results on all FNO underlyings since Feb 2019 on 5 min TF
Annualised returns 118%
Max drawdowns -3.7%
Profit factor 2.3
55% winning trades.
Edge...... Edge lies in an important pre-requisite for taking trades based on above pattern and ofcourse exits....
.... Can look at the long and short illustration charts and can find out easily what is the pre-requisite; will leave it to viewers.....
Have proper risk management in place.
Read 3 tweets
#TRADING
#BANKNIFTY Pivot + vwap trading system

A) Short - 1) close less than ema200, prev day vwap, cam l3, floor pivot low; 2) distance between prev day vwap and cam l3 & floor pivot low should not be more than 1.5% (to avoid over extension); 3)vwap less than ema200
OR
--1/n
...................2/n
B) Price high crosses down weekly pivot high.
OR
C) Price crosses down camarilla h3 and candle low is lower than prev candle low.
Position taking between 945 am till 245 pm.

Cover at close or when price crosses 2 std deviations above current vwap or when price crosses weekly pivot low from downwards or when price crosses daily pivot low from downwards.
Read 5 tweets
#TRADING Weekend Learning Time; Power of #Pivots ; Yesterday's BNF futures resistance was clouded with a confluence zone involving 1) prev day vwap, Camarilla L3 and Floor pivot low. Market gave 3 opportunities to short when it pulled back to these confluence zones.
Pattern to be watched out for short : 1) Camarilla L3+Floor Pivot Low + Prev day vwap 2) Price dropping below this zone 3) Short position execution at the first pull back after confirming price action at this zone. 4) Addnl confirmation LTF RSI below HTF RSI. 5)Stop abv CamL3.
Why I didn't act yesterday? I had a loss trade and after booking I stopped looking at the markets. So best I can do is to learn from the charts and tweet whatever I have observed.
Read 3 tweets
#TRADING Open High and Open Low amibroker code.
Run this code ON DAILY CHARTS after market opens at around 930am.
As usual, do not buy and short blindly. This is only a sort of filter for identifying intraday stocks. Good luck!!!..........1/n
......2/n............
_SECTION_BEGIN("OHL");
TodayOpen = TimeFrameGetPrice( "O", inDaily, 0 );
TodayHigh = TimeFrameGetPrice( "H", inDaily, 0 );
TodayLow = TimeFrameGetPrice( "L", inDaily, 0 );
Freshday = Day() != Ref(Day(),-1);
...........................
................3/n.............
TodayOpening = FreshDay AND (TodayOpen == TodayHigh OR TodayOpen == TodayLow);
Filter = TodayOpening ;
colorstatus = IIf(FreshDay AND TodayOpen == TodayHigh,colorRed,IIf(FreshDay AND TodayOpen == TodayLow,colorBlue,Null));
...................
Read 4 tweets
#TweetStorm
In 2015-2017 A lot of people wanted to become Full Time #Investors via #Smallcaps seeing #Multibaggers shown by #Advisers #Investors. In 2018-2019 a lot of people want to become Full Time #Traders via #OptionWriting, #Futures seeing #M2M shown by #Trainers #Traders
We used to earlier get influenced by people succeeding in your #social circle where you would know people over the years but now we get influenced by #SocialMedia successes that may or may not be true. #Tweetstorm on questions on approach to #FullTime #Trading
In 2018 we got a crash in #Smallcaps and #portfolios are down 10-50%. This will test out people who became #fulltime #investors without thinking or preparation. Now in 2019 if you want to be a #FullTime #Trader this #tweetstorm gives you only questions to help you think!.
Read 17 tweets
#TRADING Intraday - #INERTIAMETHOD Inertia - A property of matter by which it continues in its existing state of rest or uniform motion in a straight line, unless that state is changed by an external force. This is the law of physics.
Inertia method applies this law of physics for selecting stocks for intraday trading the next day. Stocks that are in motion are selected with the assumption that it might continue the motion (uniform motion).
Method -
Select stocks that satisfy the following conditions - To be done at EOD
a) Stocks with latest daily range greater than 1.25 times of 10 day Average daily range AND
b) Stocks with latest body size of the candle consuming 75% of the daily range.
Read 8 tweets
#TRADING INTRADAY HTF_SR method Another Eg. #BATAINDIA daily / 1hr /5 min - Conclusion - Key level to watch out for 1363-1365; if price action bearish at this point, shorting suggested with stop of 1370; if price action bullish at this point, long suggested above 1365...…...
for a quick scalp till 1375; however above 1365 advised to wait to see how it reacts to the 1375 resistance line; if an bearish price action happens here, short suggested around 1370-1375 with stop of 1385; if price breaches 1380-1385.....
long suggested with stop of 1370. Try practicing this in as many charts as possible to get a hold of this method "Higher Time Frame Support and Resistance method" (HTF_SR). With proper risk management and defined rules, you can see vast improvement of your performance.
Read 3 tweets
#TRADING Intraday - A very simple intraday trading method; No sophisticated systems / pivots / fibbonaci / indicators / EW..... etc ; This is being followed by sum of the successful intraday traders in the world and even in our markets too. The following are the steps:
NOTE; THE LEVELS ARE NOT RECOMMENDATIONS FOR NEXT DAYS TRADE. THEY ARE USED TO EXPLAIN THE CONCEPTS.
1) Open Daily Chart, say for eg.,Nifty.
2) Identify nearest support and resistance from the latest close. Mark horizontal lines (for eg, blue).
3) Now go to 1 hr chart.
4) Identify nearest support and resistance from the latest close. Mark horizontal lines with different colors (for eg., black). If S & R of 1 hr tf is same as daily tf, identify the next visible S & R in 1hr tf and mark accordingly.
Read 10 tweets
#TRADING Intraday Stock Selection - An effective method
For trading the next day, do the following prev day evening:
1) Calculate daily range (High - Low)/Low of all FNO underlyings (DR)
2) Calculate 10 period MA of DR. (ADR)
3) Calculate 0.65 X ADR. (T_ADR)
……………….
....................
4) Select stocks that satisfy the condition DR < T_DR.
5) Calculate the ratio DR / T_DR and sort 4 in increasing order.
These are the stocks that have better chances of trending the next day.
......................
.....................
Usually you will get not more than 8 - 10 stocks.
Concentrate on top 5 and apply your intraday strategy to these stocks.
Note : This is a method ONLY to select stocks for intraday AND NOT A TRADING STRATEGY AS SUCH.
Read 3 tweets
#TRADING Intraday Trading Setup 3 - Pivot trend relationship setup
Before getting into the setup a brief intro on pivots; Today's HLC will pave way for tom's pivots. Yesterday's HLC was used for today's pivots. In short `n' period HLC will be used for determining `n+1' pivots.
Above chart illustrates tomorrows pivots based on today's HLC. So next day's pivot Vs current days pivot position is known. In other words the pivot trend is known. If next day's pivot range is higher than today's pivot range it is called Higher value relationship;
If next day's pivot range is lower than today's pivot range it is called Lower value relationship;
Read 7 tweets
#TRADING Intraday Trading Setup 2 : Pivot - VWAP setup
1) Time frame 5 min
2) Plot Camarilla Pivot H3 / S3 and Floor pivot range (Central pivot, upper and lower pivot).
3) Plot VWAP.
4) Plot 8/21/34 Pivot emas.
5) Long conditions - VWAP should cross both Cam H3 and Upper floor pivot.
6) Entry at a bullish candle at the point of previous candle high post first pull back in between 8 and 21 pivot ema or VWAP.
7) Stop at 34 pivot ema or VWAP. Position size varies accordingly.
Advantages of this setup :
You are in the trade after confirming the direction of the average market participants which is assessed by VWAP / Pivot combination.
This setup captures the move predominantly at the early part of the day.
Read 6 tweets
#TRADING Intraday Setup 1 - 3S_Vwap breakout - High prob setup; 5 min tf - Plot VWAP along with 3 std dev VWAP band above and below. Plot 8 period pivot EMA. PRIMARY CONDITION - VWAP SLOPING UPWARDS FOR LONG AND DOWNWARDS FOR SHORT. Following is for longs; Reverse for short.
Long cond. - Price cross above 3 std dev VWAP upper band; Go long at the 1st pullback to 8 period pivot ema abv prev candle high or first pullback to 3 std dev vwap abv prev candle. If trend is strong pullback will be limited to 3sdvwap. Stop at few ticks below 8 prd pvt ema
Trail 8 prd pivot ema if pullback is shallow or 3 sd vwap . If in a strong trend, price breaks below 3 sd vwap, exit and if in a shallow trend if price breaks below 8 period pivot ema, exit. Egs attached for both shallow trend with 8 prd pvt ema pull back and 3sdvwap pullback.
Read 4 tweets
#TRADING
A simple intraday trading strategy:

Timeframe :
Preferably 5 min

Instrument :
Preferably BankNifty Futures

Technical tools required :
a) Standard Pivots (Floor Pivots)
b) Accumulation distribution indicator or OBV indicator
c) RSI13 (can customise)

1/n
Concept:
Entering into a trade based on leading indicators that are derived from only price and volume complemented by RSI to ascertain the strength of trend.
AccumDist = [(C-O) / (H-L) ] x Volume

2/n
If AccumDist is positive, then C > O and if it is sloping upwards, then C > O along with increase in Volume. Viceversa for negative. Running total of AccumDist provides Cumulative AccumDist which is available in all technical softwares.

3/n
Read 6 tweets
#TRADING
Is it possible to earn above average returns in intraday? Answer is POSSIBLE , at least mathematically .

Suppose the trading capital is Rs 1,00,000.
Risk appetite per day is assumed at 3% on the trading capital, which is Rs 3000.....
...... Risk Reward accepted is min 1:2 ie you take a trade only if you get 1:2 RR.
Assuming you take 5 trades per day. Hence risk per trade is Rs 600. Reward per day is Rs 1200.
So, per month the total no. of trades will be around 100 assuming 20 working days per month.....
..... Scenario 1: At a success rate of 50%, no. of profitable trades is 50 and no. of loss making trades is 50 per month.
Hence, profit amount is 50 x 1200 = Rs 60,000 per month; similarly loss amount is 50 x 600 = Rs 30,000 per month.
Net pnl = Rs 30,000.
Retn per annum = 360%.
Read 6 tweets
#Bigdata vs Machine Learning vs Artificial Intelligence
By Irene Aldridge
☝️author High-Frequency Trading: A Practical Guide to #Algorithmic Strategies& #Trading Systems
☝️co-author Real-Time Risk: What Investors Should Know About #Fintech,#highfrequencytrading and FlashCrashes
1. ☝️🧐➿🔢 In traditional #statistics or #econometrics, researchers make assumptions about #data distributions ahead of the analysis
2. 🥇💪#machinelearning = the 1st discipline to apply #efficiency to #problemsolving brought by #computers & their enhanced computational power
3. 🤗➿🔢#ML scientists try to reduce #assumptions about the data as much as possible&let the data (&computers) decide what fits best.
4. ♾➡️🔤🌐#Datascience identifies core characteristics of the data, summarized by what has been known as #characteristic values (#eigenvalues)
Read 6 tweets

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