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Angad Singh

@Singh7575

31 Mar

𝙎𝙝𝙖𝙧𝙞𝙣𝙜 𝙢𝙮 𝙬𝙞𝙨𝙙𝙤𝙢 𝑾𝒐𝒏'𝒕 𝒃𝒆 𝒔𝒖𝒓𝒑𝒓𝒊𝒔𝒆𝒅 𝒊𝒇 𝒕𝒐𝒎𝒐𝒓𝒓𝒐𝒘 𝒖 𝒓𝒆𝒂𝒅 𝒕𝒉𝒆 𝒔𝒂𝒎𝒆 𝒔𝒕𝒖𝒇𝒇 𝒊𝒏 50𝒌 𝒘𝒐𝒓𝒌𝒔𝒉𝒐𝒑 𝒐𝒓 𝒔𝒐𝒎𝒆𝒐𝒏𝒆 𝒎𝒂𝒏𝒂𝒈𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒎𝒐𝒏𝒆𝒚 𝒘𝒊𝒕𝒉 𝒔𝒂𝒎𝒆 𝒍𝒐𝒈𝒊𝒄
Simple and effective way 2 make Money

Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Read 6 tweets

Angad Singh

@Singh7575

2 Mar

Why Traders Fail

The most important component to successful trading can be described in two words: emotional discipline. You must develop the ability to patiently wait for a tradable situation to develop, and then, when it's in front of you, execute the trade.

1/n

It sounds simple, but, believe me, the lack of emotional discipline is the number one reason that traders fail. Some traders tend to force trades when the odds are not in their favor. Others have difficulty pulling the trigger when a good trade presents itself.

2/n

On the back end, some traders hold on to trades too long. As a result, losses frequently become bigger and profits frequently become smaller. These are all problems of emotional discipline.

3/n

Read 5 tweets

Angad Singh

@Singh7575

6 Jul 20

If ur intuitions r so strong than ur backtested systems

Split ur capital in 2 halves

1st. Should run according to backtested system.

2nd. Should run according to ur intuitions

Make sure u don't mix them up in one account

You will understand why u lose in stockmarkets...

Don't do those things which will eat your peace of mind

Money made by such measures won't even give you satisfaction and happiness

Trading with discretion will simply give you mood swings
Whereas doing systematic trading will give you unexpected profits and faith

System trading is driving a car on a highway following strict rules and not over speeding

Discretionary trading is driving a car in a crowded parts of the city and getting frustrated when stuck in traffic

Read 6 tweets

Angad Singh

@Singh7575

3 Apr 20

TOTAL account size Required to take the Trade Idea shared is approx

10L at initial will use Approx 22% of the

Buy HUL FUT April 30th expiry 2175(time 9.40AM 3/4/20)
Sell HUL Option of 2300CE @ 88(time 9.40AM 3/4/20)

will keep updating under this thread

No change in current position

Sell Bharti Airtel 460Ce@ 24.30- 24.50

Will buy future as well
for now just selling the call

Read 46 tweets

Angad Singh

@Singh7575

9 Sep 19

As i promised i will share the code of Current Day Vwap and Previous Day Vwap.

the code is shared as below

Share and discuss as much as u can which will eventually help in understanding the concept more clearly

posting video link of the logic as well

//Current day's VWAP

_SECTION_BEGIN("ATP");
B=Volume;
A=Avg;
Value=B*A;
Barsfromtodaybegin = 1 + BarsSince( Day() != Ref(Day(), -1));
Totalvalue=Sum(Value,Barsfromtodaybegin);
Totalvolume=Sum(V,Barsfromtodaybegin);
ATP=(Totalvalue/Totalvolume);

//Previous day VWAP
_SECTION_BEGIN("ATP PREV day line");
NewDay =Day()!=Ref(Day(),-1);
NewDayBar =BarsSince(NewDay)+1;
TP=(H+L+C)/3;
TATP = IIf( NewDay, TP, Sum( V * TP, NewDayBar ) / Sum( V, NewDayBar ) );
PATP=ValueWhen(NewDay,Ref(TATP,-1),1);

Read 5 tweets

Angad Singh

@Singh7575

11 Apr 19

Options Trading Online Workshop:- Day 2 of 2🥳🥳🥳

yesterday we evaluated Daily Pivots and R1 n S1

"FOR POSITIONAL ONLY'

Evaluate weekly pivots by taking note of previous week high,low and close
Formula's shared earlier

(1/n)

Setup1 :- after evaluating R1 S1
Condition1 :- price of underlying should be between R1 and S1
Condition2:- options to be used is weekly expires of indexes
Condition3:- your( position size/ margin used) should not be more than 40%of your account size.

(2/n)

If Condition1 is met choose the strikes on Monday morning and strike for call should be nearest to R1 and put strike should be nearest S1

For eg R1/S1 of nifty in weekly is 11764 /11563 respectively

Now strike to be used is 11750ce and 11550pe
(3/n)

Read 8 tweets

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