Entrepreneur, Mentor & Pro trader, Foodie. Bank Nifty, Market profile. Option buyer. +10 yrs of trading. Tweets are commentary only, trade at your own risk!
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Apr 9, 2021 • 5 tweets • 1 min read
Option buying!
1) Be picky with your trades. Less is more. 2) A stoploss is a must in system after entry. 3) Make sure not to lose much premium as a buyer. 4) Try to trade ITM monthly options mostly and weekly options on expiry days.
5) You can be right with your view yet there is high probability of losing in that trade. 6) Ensure there is enough momentum on your side when you buy options. 7) If a option takes too much time after entry try to reduce the qty or exit and reenter. 8) Never go All IN!
May 24, 2019 • 4 tweets • 1 min read
Just now an elderly trader spoke to me. He had lost all his life savings yesterday trading the event. Literally cried. All I can say is sorry. But something pinched me when he said get caught to trading seeing traders like you in social media making good money in trading (1/n)
Indirectly Am i responsible for these traders losses? Technically NO but morally yes. Somewhat its like showing off trades on social media not gonna serve any purpose rather results in like above incidents. Its better fellow analyst before posting any appealing mtm or trade (2/n)
Nov 16, 2018 • 9 tweets • 2 min read
First it's Emerging market basket hit 52 Week lows, Followed by DM hitting 52 Week lows, Then oil basket hit 52 Week lows, Followed by bitcoin. Are we on for any liquidity crisis globally? Time will tell!
Be stock specific for time being. Play light. Volatility will be back in a bigger way going fwd! Advice is for both short and long camp.
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