Discover and read the best of Twitter Threads about #tradingsystem
Most recents (7)
A small thread on various historical data analysis and trading strategies articles that I have shared so far. #TradingSystem #AlgoTrading 1/n
"Is long strangle strategy profitable?" squareoff.in/is-long-strang…
"Is long strangle strategy profitable?" squareoff.in/is-long-strang…
"Is #Intraday trading profitable?"
Every long term investor was once a Intraday trader.
If you avoid the below three mistakes, intraday trading is definitely profitable.
squareoff.in/is-intraday-tr…
Every long term investor was once a Intraday trader.
If you avoid the below three mistakes, intraday trading is definitely profitable.
squareoff.in/is-intraday-tr…
"The best way to invest in #StockMarket, follow this simple rule"
Let’s consider two different scenarios,
Market crashes after your investment
Market rallies after your Investment
squareoff.in/the-best-way-t…
Let’s consider two different scenarios,
Market crashes after your investment
Market rallies after your Investment
squareoff.in/the-best-way-t…
designing a #tradingsystem
Price- Bar/Candlestick/Heike Ashi
Supply Demand - Volume, Vwap, Volume Weighed MA
Momentum - Rsi/Macd/Stoch
Volatility - Bollinger Band/Keltner Band/ATR
Support/Resistance - Swing Pivots, MA, HVN, DP, Weekly/Monthly HLC
1/4
Price- Bar/Candlestick/Heike Ashi
Supply Demand - Volume, Vwap, Volume Weighed MA
Momentum - Rsi/Macd/Stoch
Volatility - Bollinger Band/Keltner Band/ATR
Support/Resistance - Swing Pivots, MA, HVN, DP, Weekly/Monthly HLC
1/4
Use one from each category
Do not overload with multiple tools from same category
For example,
do not use stochastic and macd together.
Both measures momentum.
And both are imperfect in its own way.
Same goes true with other tools as well
2/4
Do not overload with multiple tools from same category
For example,
do not use stochastic and macd together.
Both measures momentum.
And both are imperfect in its own way.
Same goes true with other tools as well
2/4
One system to start with I would suggest here
Candlestick charting for price
Volume for supply and demand
Macd for momentum
Bollinger band for volatility
Swing Pivots for Support/Resistance
This is a good logical start
3/4
Candlestick charting for price
Volume for supply and demand
Macd for momentum
Bollinger band for volatility
Swing Pivots for Support/Resistance
This is a good logical start
3/4
My friend @VMK100 sent me this insightful short note on mental fitness for traders by @normanhallett. I'm summarizing the points worth learning in this thread for the benefit of #trading community.
1. You've got a superb #tradingsystem...so why are you losing?
You are not in control of your #emotions.
You are not in control of your #emotions.
2. Why are you not able to limit your losses and let your profits run?
You have been taking the losing personally which doesn't allow you to take losses.
It’s not about YOU. It’s about THE MARKET. If you don’t take your emotions out of it,
you don’t have a shot.
You have been taking the losing personally which doesn't allow you to take losses.
It’s not about YOU. It’s about THE MARKET. If you don’t take your emotions out of it,
you don’t have a shot.
Many times we would have noticed violent move in #BankNifty post 2pm, specifically on #Expiryday. What if we trade based on this breakout. Rules are
1. check day high and low at 2pm,
2. After 2pm, if day high is crossed - Buy,If day low is crossed Short,
3. Keep 100 points SL
1. check day high and low at 2pm,
2. After 2pm, if day high is crossed - Buy,If day low is crossed Short,
3. Keep 100 points SL
If we traded his #TradingStrategy every day, it has returned more than 7600 points since the inception of #BankNifty weekly expiry, i.e from 2016 June to till date. with max drawdown of -900 points.
If you dig deep, you can observe that Long trades has returned more returns than Short trades, that too on #expirydays, short trades has given negative returns.
Many traders follow different types of moving average crossover #tradingstrategy but the main problem with such MA/EMA cross over system is whipsaws. When market goes in range bound, many times you get false breakouts which increases your losses/drawdown.
How one could avoid such false breakouts and also gain from large trend the stock establishes?
#tradingsystem #quant #tradingrules #stocktrading
squareoff.in/single-post/A-…
#tradingsystem #quant #tradingrules #stocktrading
squareoff.in/single-post/A-…
People who were looking for online #Trading scanner to select list of stocks that satisfies this condition, can use this free scanner. chartink.com/screener/10-em…
Thanks much for the wonderful feedback, we are really glad that our #TradingBots helps the retail traders. Back in 2015, i remember spending lacs to setup an #AutomatedTrading system like this but now the same is available at 1/10th of the cost. #UPSTOX #Zerodha #algotrading
It really feels great seeing such good feedback, it's worth all the time n effort we put in creating this #TradingBots
Yet another profitable day for the #Trading bot users. Only #Traders who trade with a #TradingSystem can be a successful trader in the long run. Join the list of #AlgoTrading users community and make the most out of our free trading bots. t.me/squareOff_Chan…
I have been #Trading since 2008, where I lost big in the initial phase, I have explained about my losses here (qr.ae/TU1cUq).
But my trading journey dramatically changed only after learning about #QuantitativeTrading, only after I was introduced to #Amibroker,
But my trading journey dramatically changed only after learning about #QuantitativeTrading, only after I was introduced to #Amibroker,
I got to know about its features and functionalities & learnt how to test #tradingideas,how to build a #TradingSystem, how to generate trading ideas and validate them, how to #backtest my trading ideas, till then I use to test my ideas manually going through many charts for hours
Remember #Amibroker is charting tool, but none of my trading system is based on #charts, instead i started using it for #dataanalytics & that has made all the difference.
