Discover and read the best of Twitter Threads about #ironbutterfly

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I welcome all the first time visitors to my profile. I am posting some tweets and information which you may found useful.

My name is Rohit Katwal and I am the founder of Katwal Asset Management.

Kindly Retweet so I can reach to more fellow traders and connect with them.

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You can find more information about what we do on my blog cum website rohitkatwal.com

I keep my trading journal live for fellow traders to access. If some tweet about my trade is missing, it will surely be updated in my Live Journal here rohitkatwal.com/live-journal
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Whenever I close a week, trades are moved to past journal which can be accessed through the link docs.google.com/spreadsheets/d…

My Telegram Channel can be accessed through: t/me/rkatwaltradingupdates
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Read 14 tweets
Thread coming on #OptionsTrading
A way to do #IronButterfly on #Nifty #Nifty50

Iron Butterfly is a sideways strategy. It is not to be used in a trending market. It needs some knowledge of Technical Analysis, position sizing and risk management for worst case scenario. 1/n
Trend on #Nifty has to be sideways. I check it via Alligator. Green Circle is the place I went bullish. Blue is my signal for sideways market. It is not easy to follow alligator as whipsaws to opposite side can be intense so one needs to be Iron Hedged. 2/n
When Lips of Alligator are pierced by price on daily charts, it signified that existing trend is exhausting or coming to an end. Underlying like #Nifty does not go V-up or n-down and they follow accumulation distribution phase unless there is a trigger for eg. #Covid19 3/n
Read 11 tweets

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