Biggest month ever!
#ADANIENT - Trading this beast whole month. Both LONG & SHORT
Was way late to the party, should have been on this thing way earlier.
Gross return : 30%
Net return: 26.75% (excluding brokerage, taxes and losses from other trades)
// timeline of news events
#ADANIENT - Trading this beast whole month. Both LONG & SHORT
Was way late to the party, should have been on this thing way earlier.
Gross return : 30%
Net return: 26.75% (excluding brokerage, taxes and losses from other trades)
// timeline of news events
Why #ADANIENT
- Big news that had catastrophic effect on the prices
- Which led to upsurge in volatility
- Being in FnO made it free from circuit limits
- High liquidity, less slippage
Such instances are rare in Indian Markets, #YESBANK & #DHFL had similar characteristics.
- Big news that had catastrophic effect on the prices
- Which led to upsurge in volatility
- Being in FnO made it free from circuit limits
- High liquidity, less slippage
Such instances are rare in Indian Markets, #YESBANK & #DHFL had similar characteristics.
Such trades have high R:R and high win rate, like how often you buy something and it goes up 90% on the same day? Bonkers!
> Risk was much higher than my usual risk per trade (while trading cash stocks)
> Traded mostly futures
> Tools used: EMAs, A/VWAPs & intraday high and low
> Risk was much higher than my usual risk per trade (while trading cash stocks)
> Traded mostly futures
> Tools used: EMAs, A/VWAPs & intraday high and low
Other related tweets:
https://twitter.com/stonkssguy/status/1626585937777135617?s=20
https://twitter.com/stonkssguy/status/1626668257322348544?s=20
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