Everyone has a Suitable Market condition where they will perform at their Best.
#Thread on Market Phases Based on Pure Experience over last 3 Years.
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Phase 1 :
The Rally :
Market Gives One sided Uptrend and Not much Whispaws & Minor Pullback.
Easiest Phase to Make Money.
(Aug/Sep 2021, July/Aug 2022, and many Other Rallies)
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Phase 2 :
The Price Correction.
- Market Gives One sided Downtrend with Minor Whispaws/Pullbacks.
(Feb-March 2020),
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Here’s a dead-simple breakdown of 5 Option Greeks that you might’ve read but never understood.
1/ Delta:
Delta is a measure of the sensitivity of an option’s price changes relative to the changes in the underlying asset’s price. In other words, if the price of the underlying asset increases by 1 point, the price of the option will change by a delta amount.
The Call option has a positive delta, and the Put option has a negative delta.
As the options become ITM, the value of delta tends towards +1 for call and -1 for put.
Delta is an important greek to determine the hedge ratio for investors who want to hedge their portfolio.
If you use it right, Chartink is the most powerful platform for trading that ever existed.
But 88% of you do a horrible job in selecting screeners based on candlestick.
Let me show you how to do it the right way :
9 must have screeners 🧵
1/ Bullish Engulfing:
A bullish engulfing pattern is a candlestick pattern that forms when a red candle is followed the next day by a large green candle, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
A bearish engulfing pattern is a candlestick pattern that forms when a green candle is followed the next day by a large red candle, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.