Aditya Todmal Profile picture
Mar 4, 2023 13 tweets 9 min read Read on X
Strategy Builders are changing the Options Trading game.

Traders are making ₹1,00,000/Month by just using free tools.

Here are 6 free Strategy Builders that's all you need to start printing cash:

Collaborated with @niki_poojary
Why you should use a Strategy Builder :

Payoff:

Many traders don't know their exact payoff/return that will be made.

Complex strategies:

Strategies like iron fly/condors, calendars require strategy builders to know and the design the strategies as per their risk appetite.
Breakeven:

Traders deploying complex strategies need to know the when to adjust or exit in the trade (the breakeven point).

Save Trade Strategies:

While rolling up or rolling down strikes for adjustments the payoff becomes dynamic which is difficult to be captured in our mind
1/ Opstra

Price: Free

Highlight: The free version allows 2 strategies to be saved and is the best strategy builder out there whether free or paid.

By: @Raghunath_TL & @Definedge

Link: opstra.definedge.com
2/ Dhan

Price: Free

Highlight: Sign up once on their website and then avail these features for free as well as other Options trading features.

By: @DhanHQ

Link: web.dhan.co
3/ Sensibull

Price: Free

Highlight: You can login via your trading account and see the payoff of the position you have taken. Gives you an idea of what you are about to make and the % return.

By: @abidsensibull & @BeSensibull

sensibull.com
4/ Option Oracle

Price: Free

Highlight: Download it via the website and then use this tool for creating and making strategies.

By: @SantoshPasi

Link: pasitechnologies.com
5/ EQ SIS

Price: Free to use, same procedure as others.

Highlight:

By: @EQSIS_India

Link: eqsis.com/primer/option-…
6/ Quantsapp

Price: Free

Highlight: Can do this on the mobile application as well, enter trades and see their payoffs.

By: @quantsapp

Link: quantsapp.com
7/ Stock Mock

Price: Free

Highlight: Go on to their website and you can sign up for free with your mobile number. You get 1 day free for your strategy builder.

By: @stockmock_in & @nitishnarang

Link: stockmock.in
7/ Icharts

Price: 475 per month

Highlight: Best backtesting tool where you have a strategy builder as well, both combined make the whole experience of trading options much more enjoyable.

It is our favourite tool.

By: @iChartsIndia

Link: icharts.in
Free Telegram channel & Youtube channel Links:

We have a Youtube Channel where we cover our analysis and give our views of the markets.

If interested feel free to join using this link:

Telegram channel Link to join: t.me/marketpulsewit…
That's a wrap!

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More from @AdityaTodmal

Jan 26
With a return of 94% this FY and avoiding big drawdowns despite market correcting

@VVVStockAnalyst converted ₹ 1,94,00,000 to ₹3,74,00,000 this year.

These are his top 12 hacks to master the stock market and grow your wealth. 🧵

Collaborated with @niki_poojary
1/ No magic below key moving averages.

When indices trade below the 50-day moving average, explosive moves are rare.

Stay cautious, wait for strength, and don’t waste energy fighting the trend. Image
2/ The magic formula for protecting profits

🌟 When the SmallCap 100 Index is below all key moving averages, limit exposure to 20% or less.

This simple rule keeps your capital safe during uncertain times.

This is one way he is avoiding losses in a bad environment.

Read 16 tweets
Sep 15, 2024
Most traders lose in reversals.

So, I studied the best reversal trades - for selling options.

What I found?

Here's a guide to a FREE Setup on reversals in Bank Nifty:

Collaborated with @niki_poojary Image
Many traders are finding the current markets pretty different from 2023 till now.

That's because, in major indices like Bank Nifty, the trends are not as constant as earlier.

So naturally, we need to be observant and have our minds ready for where to find reversals.

I have found one pattern where it is getting repeated all the time.
So what are we trying to search for?

In this thread, we cover, taking a bearish trade by selling call options and then going long the next day and we will see multiple examples of this.

1. Spot a Bearish Engulfing (the good ones)
2. Sell puts the next day if you get a chance
Read 17 tweets
Jan 14, 2024
How to manage risk in Option Selling?

10 frameworks to improve your risk management in 1 month:

Collaborated with @niki_poojary
In this thread you'll how to manage risk with:

1. Directional markets
2. Range-bound markets
3. Mtm stop loss
4. Booking profits
5. Overnight hedging
6. Event Risk
7. Position Sizing
8. No leverage
9. Reducing positions when wrong
10. Calculating risk upfront

Let's go ↓
Directional markets:

There is no point in the market being directional and you adjusting a non-directional trade.

As a general rule, you should only adjust once or maximum twice and then give up on firefighting.

Then you should side with a directional move.
Read 26 tweets
Jan 1, 2024
All of us want to perform our best in 2024

Yet, 99% don't know strategies to use to trade profitably.

Here are 14 Free Strategies to crush this new year:

— A Thread —

Collaborated with @niki_poojary
Will be covering these four types of strategies:

1. 4 Investment Strategies
2. STBT Strategies
3. Uses of Indicators
4. Using Technical Analysis for Trading
1. 4 Investment Strategies. 🧵

- All-Time High Breakout
- Golden Crossover
- CCI
- RSI

(@YMehta_)
Read 14 tweets
May 1, 2023
One of the best Price Action Traders for the past 5 years:

@Swapnja_Sharmaa.

Back in 2020, she shared her "Most Profitable Swing Trading Strategy."

and the strategy is a must-know for swing traders who want an RR of 1:3.

Here's the breakdown:

Collaborated with @niki_poojary Image
1) Step 1:

Scan the stocks between strong stocks and weak stocks.

There are some conditions for it which are in the picture below.

Strong Stocks: Image
Weak Stocks:

The conditions below in the picture are what are required to scan weak stocks so that we can find swing trading opportunities in them. Image
Read 20 tweets
Apr 30, 2023
A list of 14 Extremely Useful and Cool websites you may not know about

A thread 🧵

Collaborated with @niki_poojary
1) Archive.org

Internet Archive is a non-profit library of millions of free books, movies, software, music, websites, and more.
2) bugmenot.com

Most websites we visit ask us for login or signup

But you don't always want to share your email id and password

This website helps you not do so by sharing a login already
Read 17 tweets

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