10 tweets that will teach you more than a 49,999 course.

#TradingSuccess #tradingpsychology #OptionsTrading #nifty #banknifty #finnifty
👇
1. Technical indicators are overrated, Market doesn't care about them.

Price action and volume is what feeds into indicators.
2. Stick to 1 strategy. Don't do strategy hopping.

Successful trading is all about doing the same thing over and over again.
3. Be Patient, Don't think short term.

Trading is a long-term game, and success requires patience and perseverance. Don't get discouraged by short-term losses or setbacks. Stay focused on your long-term goals.
4. Practice Money Management

Manage your capital properly and allocate your funds wisely. Don't put all of your capital in one trade, and diversify your portfolio to spread your risk.
5. Say no to paper trading.

When real capital is not at stake, real emotions don't come out.
6. Keep a steady alternate income.

I work full time and still do trading..

Having an alternate income can provide a safety net, allowing traders to continue meeting their financial obligations even if they experience losses in their trading activities.
7. Take breaks

Trading can be stressful, and it's important to take breaks to avoid burnout. Take time to relax and recharge. Reward yourself by taking a payout from the profits and spend that amount on yourself/family.

I do this every quarter.
8. "Trend is your friend"

Buy strength and sell weakness.

Watch which stocks are green while the market is red, there is probably some good institutional buying going on there.
9. Write options

Majority of the big traders, institutions, hedge funds, banks pretty much every big player in the market sells options.
Collect premium and make money every week.

Not denying the fact that option buyers don't make money but big players sell options.
10. Risk management is the only holygrail.

Risk management is crucial in trading. Use stop-loss orders and limit orders to manage your risk, and never risk more than you can afford to lose.
Thanks for reading. Follow me!!

@THEH0NESTTRADER

to learn trading tips from an experienced trader.

Likes + RT's appreciated📷❤️
Note :
Apart from self learning, my trading learning curve was shortened because of few successful traders present on twitter.
It would be bad on my part if don't give due credits to them for my success.

Follow them
@kirubaakaran @vishalmehta29 @madan_kumar @DestinedMusk

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More from @THEH0NESTTRADER

May 7
I started trading 4 years ago by buying options.

Had I known this intraday sell strategy by Vishal Mehta, I would have avoided the loss that I faced in my 1st year.

Don't do the same mistake that I did!

#OptionsTrading #tradingstrategy
#nifty #banknifty #finnifty

Let's go 👇 Image
1.
The logic behind this strategy is to wait and sell that leg of straddle/strangle first that is decaying fast.

Basically follow the trend. Image
2. If the market is going down, the CE leg will get executed.
3. If the market is going up, the PE leg will be executed.
4. If the market reverses the other leg is also executed. Image
Read 6 tweets
May 6
Did you know ?

Rakesh Jhunjhunwala has a portfolio of Rs 35,763 Crores which is still growing.
Since his passing, his portfolio has been managed by team at Rare Enterprises, headed by Utpal Sheth & Amit Goela.

#StockMarketindia #investing #StocksToBuy

Complete Portfolio 👇 Image
✅Aptech Ltd
Holding 43.74% , Value - 780 Crs

✅Star Health and Allied Insurance Company Ltd.
Holding 17.32% , Value - 6007.45 Crs

✅Metro Brands Ltd.
Holding 43.74% , Value - 780 Crs

✅NCC Ltd
Holding 13.09% , Value - 1026.03 Crs
✅Rallis India Ltd
Holding 10.3 % , Value - 379.55 Crs

✅Nazara Technologies
Holding 9.96 % , Value - 368.14 Crs

✅Geojit Financial Services Ltd.
Holding 9.96 % , Value - 368.14 Crs

✅Agro Tech Foods Ltd.
Holding 8.82 % , Value - 157.73 Crs
Read 9 tweets
May 6
Did you know ?

You can earn monthly rental income(between 1%-2%) from share market just like any house owner earns rent.

I have been doing this for last few years.

#OptionsTrading #Optionselling #coveredcallstrategy #stockmarkets #StockMarketindia #Nifty #Banknifty
Read on 👇
The strategy is Covered call strategy

Pre-requisites for the covered call strategy
1. You need to own a house. (Let's take #Nifty index for an example)
2. You need to own the complete house.
In our case, we need to own atleast 1 lot of Nifty.

How do we do that ? Read next
3. #Nifty is currently at ~18000 & it has a lot size of 50.
We need to own Nifty ETF worth 18000 * 50 = 9,00,000

Nifty Bees is the most liquid ETF & we get 90% amount after pledging as collateral margin.
So you get 8,00,000 back as collateral as well if you need more margin. Image
Read 9 tweets

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