Thread by @dromdeshmukh77

There r phases of impulsive & corrective moves in d market -

#Impulsive move -
Good for directional trades & option buyers or debit spreads

#Corrective moves -
Good for non-directional players & option sellers

I'm more of a directional player as -

1/n..

1. It gives good trending move in short span of time.
2. If we enter at proper area, SL is small.
3. If I take a debit spread & even if my view goes wrong, then I can adjust (by converting it to ratio etc) & can reduce d loss.

2/n...

Latest example is
#Nifty #Banknifty trades
Long swing trade taken from 16750 link attached.
Kept booking profits & rolled up my bull calls all posted here on twitter.

3/n...

https://twitter.com/dromdeshmukh77/status/1473222911917887489?t=jXA5xshK_KiinpD5vkZC7Q&s=19

Now market being silent or in correction mode, I'm sitting quite & doing nothing in indices.

Money is made by sitting & not trading. - Jesse Livermore.

Now waiting for opportunities to enter in index.
Meanwhile doing few cash trades.

4/n..

Just felt like posting to let you know my style of trading.
It may b different for everyone as per his nature & risk appetite.
Have a great & profitable journey ahead.

Thanks for reading the #Thread