Top 5 Trading websites that helped me scale up my trading to 2 Cr+
A Thread๐งต
@stockmock_in : For backtesting Index Option Based Strategies
You can Backtest 1. Option Selling 2. Option Buying 3. Positional Option Trading Strategies
You can analyse all the data in excel , as you get stats for the strategies,baskets etc
Link: stockmock.in/#!/signup?rb=9โฆ
2. @Quantiply :
For Execution of strategies backtested on Stockmock
You can deploy stratgies easily
โ๏ธNo code required
โ๏ธControlled slippages
โ๏ธ Support 24ร7
โ๏ธManage Multiple accounts
Have met the CEO personally.
I deploy 2Cr+ using Quantiply app.quantiply.tech/auth/signup?reโฆ
3. @TradingView :
Where the world charts, chats and trades markets.
One stop Solution for Technical Analysis .
You can plot charts , papertrade , create watchlists , set alerts , add indicators , use multiple screens etc
4. Excel : I use Excel to note my trades , do my post market analysis .
It helps me track my trading stats
Sharing my Trading Journal : docs.google.com/spreadsheets/dโฆ
5. YouTube : I learnt a lot of things from Youtube and try to impart knowledge through my experience
Watch @Techno_Charts if you really wanna top up your algo trading journey youtube.com/@TechnoChartss
๐งต Thread ๐งต
Retweet And I will Link a 36 Page PDF
๐ญ. ๐๐ฑ๐ฑ ๐๐๐ป๐ฑ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐น๐ ๐ผ๐ป ๐ฐ๐ต๐ฎ๐ฟ๐
๐ธ Link: tradingview.com/script/Lbxl9Oqโฆ
๐ธ Click on the above link -> Add to Favourites -> Add on Chart from favourites and start using it !
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You can add financials from many fundamental criteria's like
๐ธ Cashflows
๐ธ Income Statements
๐ธ Balance sheets
๐ธ PE,PB ratios
๐ธ Marketcapitlization
๐ธ Statistics
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Momentum investing is a trading strategy in which Traders buy stocks at high price and sell even at higher price .
The goal is buying opportunities in short-term uptrends and then sell when the Stock starts to lose momentum.
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Skills Required:
Skilled traders understand when to enter into a position, how long to hold it for, and when to exit; they can also react to short-term, news-driven spikes or selloffs.
Risks of momentum trading include moving into a position too early, closing out too late
3/n
One of the best and easiest ways to increase your chances of making winning trades is to trade with the trend
The average directional movement index or ADX is an indicator that will not help you find a trend,but can show you how strong a trend is
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What is the Average Directional Movement
Index?
1. The average directional movement index was created by J. Welles Wilder in the 1970s.
2. The ADX combines two indicators to create a smoothed moving average that is then shown on your charts.
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๐ฆ๐ฒ๐๐๐ฝ:
๐ธ Monthly Option Buying
๐ธ 50 ema on 3 min timeframe
๐ธ Supertrend 10 , 3
๐ธ Chart : Banknifty , Nifty Futures as we backtested on futures
๐ธ Entry 9:20 to 3:00
๐ธ Max 3 Entries per day
๐ธ Premium nearest to 200 Rs only
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Why Monthly Option buying ?
๐ธ Less theta decay compared to weekly options
๐ธ Less Volatility
๐ธ Supertrend and MA Settings
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๐๐ต๐ฎ๐ฟ๐๐ถ๐ป๐ธ ๐ฆ๐ฐ๐ฟ๐ฒ๐ฒ๐ป๐ฒ๐ฟ is a Stock screening tool that is useful to screen stocks based on Technical & Fundamentals.
๐ธ It scans stocks by using technical indicators like RSI, MACD, divergences, etc.
๐ธ It also uses fundamental tools like Book Value, EPS,PE etc
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How To Create A Scan ?
Go to chartink.com & click on ๐๐ณ๐ฆ๐ข๐ต๐ฆ ๐๐ค๐ข๐ฏ under ๐๐ค๐ณ๐ฆ๐ฆ๐ฏ๐ฆ๐ณ๐ด.