Indrazith Shantharaj Profile picture
Dec 11, 2021 8 tweets 3 min read Read on X
Some tools are helpful in intraday trading. But many tools are expensive!

But this world has many beautiful souls, & they offer their products (at least most of the features) for FREE!

Below are 6 freely available tools that help day traders!

Like & Retweet!

(1/N)
Tool #1 - Tradingview

Day traders have to access live future charts of indices/stocks to identify their setups.

Tradingview is the leading charting provider at the moment, and it provides clean, elegant FUTURE charts for the Indian markets, even for free users.

(2/N)
Tool #2 - Gocharting

It is the first group in the world to build ‘web-based' Market Profile (TPO) charts.

They offer an EOD market profile for all FREE users.

To know more about Market Profile, read this
profiletraders.in/post/what-is-m…

(3/N)
Tool #3 Opstra Define Edge

After the strict margin rules by SEBI, many traders shifted to options trading strategies.

But people face difficulty in understanding the P&L/ probabilities of the options strategies.

In ODE, traders can see all these parameters for FREE!

(4/N)
Tool #4 Amibroker

Amibroker is well-known software in the trading community which is extensively used for backtesting, fine-tuning trading strategies, & algo execution.

It is free for backtesting & fine-tuning strategies. You need a license only to deploy algo systems.

(5/N)
Tool #5 Ninja Trader

It is a powerful trading platform for day traders.

It has many charting, analysis, and backtesting tools, which offer immense help for day traders.

It is completely FREE to use. One has to buy the live data feed to take live trades.

(6/N)
Tool #6 NSE Option Chain

While studying these option strategies, options greeks play a crucial role.

NSE India provides all these options chain details for all indices and stocks listed in India for FREE!

(7/N)
Did you love the FREE Tools?

Like & Retweet for maximum reach 😀

If you are serious about Intraday Trading, then please check this book!

amzn.to/3rTWEmG

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More from @indraziths

Dec 29, 2023
𝗗𝗼𝗻'𝘁 𝗠𝗶𝘀𝘀 𝘁𝗼 𝗦𝗲𝗲 𝗧𝗵𝗲𝘀𝗲 𝗕𝗥𝗘𝗔𝗞𝗢𝗨𝗧 𝗦𝘁𝗼𝗰𝗸𝘀!

Breakout Stocks as of Today!

Thread 🧵

#BREAKOUTSTOCKS #breakout #breakoutbook (1/8)
#1 - Hind Unlvr

A decent Breakout

(2/8) Image
#2 - Dabur

Broke the previous resistance with force!

(3/8) Image
Read 8 tweets
Dec 27, 2023
𝗗𝗼𝗻'𝘁 𝗠𝗶𝘀𝘀 𝘁𝗼 𝗦𝗲𝗲 𝗧𝗵𝗲𝘀𝗲 𝗕𝗥𝗘𝗔𝗞𝗢𝗨𝗧 𝗦𝘁𝗼𝗰𝗸𝘀!

Breakout Stocks as of Today!

Thread 🧵🧵

(1/7)

#Breakout #breakoutstocks
#1 HDFC BANK

A good Breakout and price closed above the trendline

(2/7) Image
#2 Indus Ind Bank

Price showed a small breakout after many days of consolidation. It can go big in later days!

(3/7) Image
Read 8 tweets
May 26, 2023
Any book will not convert a "NORMAL PERSON" to a "SUCCESSFUL TRADER"

But a good book can show the PATH TOWARDS SUCCESSFUL TRADING.

It is individual's responsibity to walk in that path to taste success.

Listing TOP-25 books across 9 aspects of Trading!

Thread🧵

(1/N) Image
Disclaimer - Shortlisting just 25 books among millions of books is not an easy task.

I have also included my books in the list as I truly believe they belong to that category.

If I miss any other good book, please mention in the comment section.

(2/N)
Category #1 - INTRADAY TRADING

1) The Subtle Art of Intraday Trading - amzn.to/3IFReTY

2) How to Make Money in Intraday Trading - amzn.to/43mslo8

3) Master Mind of Day Trading - amzn.to/43iYsVY

(3/N)
Read 12 tweets
May 19, 2023
Disappear for 30 days

And

Set yourself 5 YEARS AHEAD IN TRADING

just by following these 7 steps!

Thread 🧵

(1/N) Image
#1 - Fix your Physical Health

It might look like a surprise, but good Physical health plays a crucial role in Trading.

Do one activity daily:

- Walk 10K steps,
- 10K cycling,
- 25 push up & pullups,
- Lift weight for 30 mins or
- 1-hour yoga

(2/N) Image
#2 - Fix your Mental Health

All the trade ideas are triggered in your mind first. Hence a sound mental balance is important.

Do this:

-Meditation,
- Affirmation,
- Practice Gratitude,
- Unfollow negative people

(3/N) Image
Read 9 tweets
Apr 29, 2023
I was at a coffee meeting with 5 close friends last week.

One person was on a strict diet, and I was curious to see how she would react at the table (as she can't deny coffee with close friends).

"You guys order; I will take a sip from each cup,"

she said.
I was surprised and also happy about her smart move!

We may not realize many things, but our actions say much more about us than our words!

Here are 7 triggers to manage Trading Psychology!

Thread 🧵🧵

(1/N) Image
What is Trading Psychology?

It refers to the mental state and emotions of a person when he sits for trading.

It represents characteristics of a trader that influence his action in trading.

(2/N)
Read 13 tweets
Apr 13, 2023
You take a LONG trade at open

Price moved upside, & you made some profits

After some time, the price started to come down

Now you don't know whether it is a TEMPORARY PULLBACK or a COMPLETE REVERSAL

5 Effective Ways to Know about it!

(1/N)

Thread 🧵🧵

#trading #StockMarket Image
#1 Look at Open Action

Open action (9.15-9.45) plays a crucial role in the day.

The presence of strong buyers indicates it is just a pullback.

The absence of strong buyers indicates a high possibility of reversal!

(2/N) ImageImage
#2 Look at the Last 2 Days' Price Action

The last 2-3 days' market sentiment plays a crucial role in the current day.

If it is positive, then there is a high possibility that the price is just showing a temporary pullback (and not a complete reversal).

(3/N) Image
Read 7 tweets

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