Profile picture
jay
@niftywizard
, 4 tweets, 1 min read Read on Twitter
Just now an elderly trader spoke to me. He had lost all his life savings yesterday trading the event. Literally cried. All I can say is sorry. But something pinched me when he said get caught to trading seeing traders like you in social media making good money in trading (1/n)
Indirectly Am i responsible for these traders losses? Technically NO but morally yes. Somewhat its like showing off trades on social media not gonna serve any purpose rather results in like above incidents. Its better fellow analyst before posting any appealing mtm or trade (2/n)
Think about traders like above elderly man who somewhere trapped watching us and without knowing the risk associated he had lost his life savings. So take a pledge atleast care for you followers if not just avoid posts which appeal these kinda traders into F&O (3/n)
Its better for me not to show case any of my trades going forward though we have disclaimer but it not gonna serve any purpose rather defending. So its better to think about these kinda traders in mind who indirectly lose rather posting for self trumpet or whatever reason. End!
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to jay
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @niftywizard see all

Profile picture
jay
@niftywizard
First it's Emerging market basket hit 52 Week lows, Followed by DM hitting 52 Week lows, Then oil basket hit 52 Week lows, Followed by bitcoin. Are we on for any liquidity crisis globally? Time will tell!
Be stock specific for time being. Play light. Volatility will be back in a bigger way going fwd! Advice is for both short and long camp.
Focus on global events than local events during bear markets. Global events will have lot of unexpected overnight reactions during bear Mkt than local events!
Read 9 tweets

Related threads

Profile picture
HMK alias MANOJ
@scorpiomanojFRM
#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
Profile picture
HMK alias MANOJ
@scorpiomanojFRM
#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
Profile picture
HMK alias MANOJ
@scorpiomanojFRM
#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
Profile picture
HMK alias MANOJ
@scorpiomanojFRM
#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
Profile picture
HMK alias MANOJ
@scorpiomanojFRM
#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
Profile picture
Loki Sullivan ⭐️⭐️⭐️
@LokiSullivan
It is NOT the United States’ Dollar. It is the Federal Reserve’s Dollar. The Private Bank known as the FED is responsible for repayment of the Dollar Debt Notes.

The US only borrowed notes from the Fed. The US took loans from A Private Bank.

What did they pledge as collateral?
“THE UNITED STATES OF AMERICA WILL PAY TO THE BEARER ON DEMAND TEN DOLLARS”

If this Federal Reserve NOTE, promises to pay the bearer Ten Dollars, this means the Note itself is NOT Ten Dollars, but only a note representing Ten Dollars.

So then, what is the Ten Dollars?
A US Dollar is a Coin NOT a Promissory Bill or Debt Note!

The Coinage Act of 1792 created the United States dollar as the country's standard unit of money.

This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender.
Read 88 tweets

Trending hashtags

#smartcites #trading #wisdom #GiletsJaunes #alts #Raya #TRADING #coon #NeverGoingBack #happeningnow #play #misinformation #corruptTrump #regime #SPOKE #DeseraeTurner #bigdata #sorry #Trading #cachecounty #bigdat #minorities #Revolution #childhood #KOD
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!