Trendmyfriend Profile picture
Trend Follower, Future & Option Trader, Trading with Risk Management & Buy Overbought and Sell Oversold.
4 subscribers
Apr 2, 2023 12 tweets 5 min read
By the time you finished your weekend, You might have seen a lot of bullishness from India to USA to Uganda. Also too many tweets on how you could have caught this move easily. -)

The Important aspect is WHAT NEXT, after painful months of positional trend following (mainly due… twitter.com/i/web/status/1… *1. Be in the Game first*

When the market breaks out any important zone , most of the time we are confused which stock to buy, as at that particular time, there will be some stocks or some sector which takes leadership and takes the market higher or there will be short covering… twitter.com/i/web/status/1…
Sep 4, 2018 4 tweets 1 min read
Rules of Intraday Trading:

1. Do not trade more than 2 positons at a time

2. SL to be kept atleast 0.5 ATR away

3. Risk Reward of 1:2 to be maintained minimum

4. Intra day trade should be sqaured off at or before 3.15 &not to be carried over. Its crime to carry intrday loss 5. Best and easiest way is to go long when Nifty is up & stock is atleast 2% up. & go short when Nifty is down & stock is atleast 2% down. Preference to be given to stocks which have broken 4 day high or Low for long / short trade.

6. Best time is 9:30 to 10:30 and 1:30 to 2:45