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@Tradytics

27 Dec

🧵 IMPORTANT THREAD - ALGO FLOW & HOW TO AVOID BAD PLAYS 👇

So it's been over a few months since we've all been using the algo flow. It's an amazing tool but it definitely fails at times. How to avoid that? I'll note a few things I have observed and tested 👇

1. First of all, just don't go against the market. That will save you so much trouble in your trading journey. Try to follow the overall trend the market is in and you'll do much better.

Some people are good at reversals but for newcomers, try to play trends.

2. For instance, if markets are going up and you want to play a bearish divergence, be sure there are a lot of confluence factors before you play them.

OR

Wait until algo becomes bullish & we have a bullish divergence, and then play that. $AAPL did that today.

Read 9 tweets

Tradytics

@Tradytics

23 Nov

HOW DO I PLAY OPTIONS 👇

I try my very best to make sure I get 5-15% profits as I enter (reversals from supports, DP levels, algo flow divergence etc). Once I have that, I set a trailing stoploss for 20-30% which gives me unlimited upside and 10% loss at max.

That works extremely well when a stock is trending, the profits just keep going up and once the trend breaks, the contract exits itself. It also makes my life easier because I don't have to keep an eye on the position.

My reward/risk is good.

The problem with this strategy is that with how volatile options are, sometimes you exit too soon because of the trailing stoploss and stock runs after that.

In my experience, I am fine with that since I'll still only lose 10% at max. But you should still know the limitation

Read 6 tweets

Tradytics

@Tradytics

23 Nov

YEARLY BLACK FRIDAY SALE - So we do have a 20% off going on for the yearly subs (both discord and platform). The coupon will be applied automatically, you don't need to do anything

You'll see normal prices on the website but we'll apply the coupon from the backend for 20% off 🙏

Please do not DM us asking for the coupon any more. We're applying it to EVERY yearly subscription, so if you want one, please just start your trial from the website.

We'll keep the sale until this weekend hopefully. And since we're not sales people, please don't expect us to add more days in the sale on Sunday just to get a few more users 🙏

Read 4 tweets

Tradytics

@Tradytics

12 Nov

LOTTO FRIDAYS & How to Generate Them 😎

1. Go to Scany
2. Select "Inside Days". 7 day change should be positive
3. Select your watchlist

Let's discuss a couple names from my watchlist. Please learn this on your own, you don't need others.

$BA
$F
$MARA
$TLRY
$COIN
$RBLX
$ARKK

For bullish setups, we generally want all 1 day, 7 day, and 30 day change to be positive because that provides us full time frame continuity and better setups with higher probability.

For bearish, it's the complete opposite

With that out of the way, let's talk about some setups

$ARKK inside day - we have an AVWAP support which if we can respect will send the price upwards.

Calls at the break of the high of yesterday's candle, and puts at the break of the low.

Profit targets are high & low of Wednesday's candle.

Read 8 tweets

Tradytics

@Tradytics

4 Oct

Finding swing trading setups using Anchored VWAPs and Volume Shelf - A Thread 👇

Anchored VWAP is the average price people paid from a specific anchor in the chart. Bulls and bears do not want stock to cross the average price they paid to buy/sell it!

$SPY $AFRM $V
(1/n)

Let's take an example of a bull run. When a breakout happens, or a reversal happens, or a rally begins, people start buying! We can assume such points as our anchor points!

Now as long as price stays above their average price, they are happy!

But what if it comes down!
(2/n)

If it comes down, those bulls might start buying again because anytime price will go below the anchored vwap from their initial buy point, they are in loss. THIS IS IMPORTANT!

They do not want to go in loss, so they start buying again pushing the price higher.
(3/n)

Read 10 tweets

Tradytics

@Tradytics

22 Aug

How to use the algo flow line 👇

The algo flow line calculates the strength of options flow for a ticker for every minute of the day. A cumulative score is shown on the chart.

Values above 0 are considered bullish and below 0 are bearish. There are only 4 possibilities.

Cont.

1. When both price and algo flow is going in the same direction. Let us assume they are both bullish.

When that's the case, it means the strength in both price and options flow is very strong. This usually results in continuation of the move.

$SPY example.

2. When price is going down as well as algo flow line is going down. Similar to a bullish move, this means that both price and algo flow are bearish and are supporting each other.

This is again an instance where we expect continuation.

$PDD

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