Shai | Power trading with Orderflow Profile picture
Founder @vtrender. Coder, system developer, programmer at Free for you to learn. Mentor to a PCG on MP+OF. Reach Manoj-WA-9284331270
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Jul 2 16 tweets 4 min read
Trading is about You and your system or Process .

A good harmonious You and a great system can do wonders.

But given the same process, 2 different individuals can get many different results, 'cos the "You" is different

This thread is about the "You" in trading

Read on... 1 a] You are born unique and are different.

In trading it is important to know your true self quickly

And act accordingly

Are you aggressive?
Are you patient?
Are you composed?
Can you manage Pressure?

However you are, know your self first
Jun 4 14 tweets 3 min read
Why should the market pay you?

Trading is a difficult profession and Facts do tell us that 98% of traders do not make money. Nitin from Zerodha has put several tweets on this before

The market does not pay the majority of traders

Why should it pay you?

Read on.. You are a Sachin, Virat, Messi, Ronaldo, Federer, Nadal....

In short you are born gifted and are talented

Something you have done in this lifetime or a previous one is taking care of you

The market will pay you

Read no further..

There is an easy path in the markets for you
Mar 12 13 tweets 5 min read
We are living in days of high #Vix with added volatility & movement in our favorite indices

There have been strange opens & very quick movements some to profits, others to losses

There is always a message in the data. Data speaks

Let's explore what Vix wants to tell us Vix is at 25- 30 currently.

Is this Normal?

Data from 2010 suggests this as an outlier

A vix above 30 has been trading less than 55 times in 3000 sessions!

It's a 1.83%
Mar 9 4 tweets 1 min read
On that FII selling tweet, I posted earlier, they started selling aggressively in Oct and it was a foregone conclusion that they would keep selling into March as the hike kicks in.

It's all to do with the adjustment in books.

They have managed through long stock futures also. My view is that we are approaching a selling climax for Fii's now based on the little I know of how these desks operate

I wont be surprised to see a positive FII CASH number in the second half of this month
Feb 26 18 tweets 5 min read
When i started off in #derivatives #trading, some 15 years back, the "default trade" taught to us was to trade in Futures or to BUY calls or BUY puts as the need arose.

These days the "default trade" is to SELL calls and SELL puts. Thanks to a spurt in online education, you learn quickly to sell options at 09.25 am and at 12.30 pm and every time of the year.

No education is provided for things like VIX, directional volatility, IV smiles or even basic gamma math
Feb 25 4 tweets 1 min read

"tape needs a bounce to 16770" For the record, tweet was posted near 3.00 pm and a follow up was also done post close where I clearly mentioned there was no selling visible in the last 30 mins of the day
Jan 24 12 tweets 5 min read
A lot of #OpenInterest traders will look at the high #OI of today in Futures

The #Nifty F addition was 30458 contracts, a high for the series of Jan

The #Banknifty futures addition was 6265 contracts today, not a high but big.

A quick thread on why this is a half- truth. The futures market of today is just a fraction of the Options market.

Any day the options market beats the Index Futures 100 times & easy.

So if you are only looking at Futures Open Interest , you are reading just 1/100 th of the market
Jan 24 5 tweets 2 min read
as mentioned previously , have not been trading overnight positions and happy with all the volatility and the massive intra day swings.

This is excellent for trading .

For the swing, of interest to me is the lows in #Nifty of today right at the channel of importance at 16980 There hasn't been buying in the #Orderflow for quite a while.

Was watching 17700 earlier last week and that did not show any buying.

This is a snippet from our room
Jan 11 7 tweets 2 min read
A lot of people watch the #SGX pre and post close , and I know whatsapp and telegram groups are always focussed on the #Sgxnifty moves post our close.

New guys think what happens on SGX gets carried to Nifty next day .

Misconception NO 1. Most SGX traders are short term traders and capitalise and close gains within hours.

This is the reason you won't see a follow through at the open. They are fixated on the global front and if that changes they move out.

The added hours help them to do so.
Jan 8 20 tweets 6 min read
It's the weekend and time for a thread.

I would like to share my views on #Trading and #Investing.

I see a synergy in the 2, fully aware that there are radical and often polar opposite views for both trading and investing. Most traders diss investors and most investors do not think kindly of traders.

Investors talk in terms of wealth creating and urge you to invest savings etc in investing. Those who do so end up with the "good life" at 65-70 with no friends to share the riches with.
Aug 28, 2021 17 tweets 5 min read
It's the weekend & I'd like to share with you a money making strategy in the #MarketProfile approach to trading the markets

And No ! I won't ask you to grab a cup of coffee & read this

Weekends are for more than coffee :)

But do take notes. There is a definite edge in this First and foremost, to all who are new to the #MarketProfile- (MP) is a robust system of trading which involves Price, Time + Volume- 3 parameters

All 3 together, hence a bigger edge to us as traders

You can start reading about the #MarketProfile at -…
Aug 26, 2021 6 tweets 2 min read
#35500 call #dukaan

sl at 185 tgt 310 265 bookd half
Mar 14, 2020 15 tweets 3 min read
I work with candle sticks also. They are present in all my #Orderflow charts  and I have them plotted to the left of my charts .

This disclaimer to all who think I do not use candle sticks and bars.

I repeat they are present in all my charts, even my #Orderflow charts. But for intra-day , if you are using 5 mins and 15 mins or even 30 mins and using them to make decisions, you are at a big disadvantage.

Allow me to explain. I'll take a few minutes
Jan 14, 2019 12 tweets 3 min read
Around the last week of October I was aware of 2 big conferences which would bring together a lot of new traders, & a few struggling ones, & I had made up my mind to speak at one of these on #MarketProfile and using the message of the market well, to stay ahead of the curve(1/n) It was a choice for me, and I wanted to offer my time to the one who first came to me. Of the two, TC had built a reputation for conducting these events, and DE was a new kid on the block with people who had previously worked with TC. So there was no choice between the 2 actually