Engineer ||Indian||Tamil ||INTRADAY OPTION SELLER|
Not a sebi registered
Sharing my pnl,trades for learning
Apr 1, 2023 • 4 tweets • 1 min read
1/n 2022 -2023 is the learning for me
Attended itjegan workshop
Entered into option selling
Started trading 920 straddle and iron flies positonal and faced 10% dd.stopped trading for few weeks.With some guidance of my friends started to create my own system in SM.
2/n
Started trading my own system.Again faced loss in BN.Then shifted to nifty and successfully created a expiry system.Then recovered the DD and made nearly 40%.Payed nearly 20% for brokerage.5% as charges and 15% in hand.
Learned lot from twitter.
Feb 25, 2023 • 13 tweets • 5 min read
MOVING AVERAGES: 1/n In this thread,I am sharing about moving averages,its key strategies,entry,exit,target everything..
These strategies are scalable to all timeframes,instruments etc
Simple thinks works in the market.
#Nifty50#StockMarketindia#banknifty#movingaverage2/n MOVING AVERAGES:
Moving average is simplest method to understand and trade.Most common moving average is SMA,which totals close price over a certain period,then divides this total by number of period.Ex:10 SMA would calculate close price of last 10 period and divide sum by 10
Feb 21, 2023 • 6 tweets • 2 min read
Instrument:Finnifty
REVERSAL SETUP COMBINED WITH SQUEEZE:
Open=High candle broken
W pattern in bollinger band
Divergence in moment
TIGHT SQUEEZE
Let's see will hit 1:2 RR.
I'm just forward testing and sharing.
Not trade recommdation #Nifty50 #Finnifty #StockMarketindia
Trailed sl to cost now
Feb 19, 2023 • 10 tweets • 4 min read
THREAD ABOUT HOW I USE BOLLINGER BAND SYSTEM:
LIKE ,RETWEET AND YOUR INPUTS HELPS
Basics:
Bollinger bands are used to determine whether the price are high or low on relative basis.Bollinger bands use 20sma and 2 standard deviation of it.
I use three setup combined with RSI
1/n This bollinger system is suitable for intraday traders,swing traders and even for long term players.
Top down approach increases accuracy.
Only the timeframe changes ,system remains constant.
%b indicator and bollinger bandwidth can be used to code this system