𝗩𝗼𝗹𝘂𝗺𝗲 𝗶𝘀 𝗮𝗻 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗶𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗶𝗻 𝗶𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝘁𝗿𝗮𝗱𝗶𝗻𝗴
Volume is the number of shares or contracts that are traded in a security over a given period of time. It is an important indicator for intraday traders because it can help them to identify trends and to make better trading decisions.
𝗛𝗼𝘄 𝘁𝗼 𝘂𝘀𝗲 𝘃𝗼𝗹𝘂𝗺𝗲 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝘁𝗿𝗮𝗱𝗲𝘀
There are a few things that beginners can do to use volume to find profitable trades:
1- Look for stocks that are trading with high volume. This indicates that there is a lot of interest in the stock and that it is likely to be volatile.
2- Look for stocks that are breaking out of a trading range on high volume. This indicates that the stock is likely to continue moving in the direction of the breakout.
3- Look for stocks that are trading with low volume on a downtrend. This indicates that there is not much selling pressure and that the stock may be ready to reverse course.
𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻
Volume is a powerful tool that can help intraday traders to identify trends and to make better trading decisions. By following the tips above, beginners can use volume to find profitable trades.
Here are some additional tips for using volume to find profitable trades:
i- Use volume to confirm your technical analysis. For example, if you are looking for a buy signal, you want to see high volume on the breakout of a support level.
ii- Use volume to identify reversals. If you see a stock that is trading with high volume and then suddenly starts to trade with low volume, this could be a sign that the trend is about to reverse.
iii- Use volume to manage your risk. If you are trading a stock with low volume, you may want to consider using a stop loss order to protect your profits.
By following these tips, you can use volume to improve your intraday trading results.
Do you know you can do wonders if you can combine volumes with open interest data? Join the 3-Day Online workshop where I will teach you how to find profitable trades using OI data.
Link: tradepik.com/os
#Nifty #BankNifty #StockMarket #trading #Intraday #OptionsTrading
𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗲𝗻𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗠𝗮𝘆 𝟭𝟮, 𝟮𝟬𝟮𝟯!
This whole week, we have seen that #Stockmarketindia is trading in range without any clear breakout or breakdown.
Same thing we can see today also.
Intraday Trend looks "Neutral" in #nifty and #banknifty.
Resistance is at 18400 in Nifty and support remains unchanged at 18100.
For BankNifty: Immediate Resistance is at 43700 and major resistance is at 44000. Immediate support is at 43300 and major support is at 43000.
So based on the major support and resistance, we can create our weekly positional strategies.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘁𝗼𝗱𝗮𝘆!
On Friday, because theta decay is very low, so I prefer to take a directional bet only. But because there is no clear indication of a trend today, So I prefer to wait and enter only when we get entry based on our intraday setup.
To learn my intraday strategies and trend-following setup, you can book your seat for the upcoming workshop on May 14, 2020 at 11:00 AM:
Link: TradePik.com/OS
In case you have any queri
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹3787.5
2--->09:30 Nifty Intraday Strategy: ₹-14325.0
3--->11:35 Nifty Intraday Strategy: ₹-5125.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
Today Morning did some adjustments in #BankNifty weekly #optionstrategy and manage to close with ₹1 LK profit.
In #Nifty ₹35k profit.
Total = 3.4% weekly return and that too with limited risk.
That's the power of data reading and trade management.
Cheers to those who follow!
Nifty and Banknifty strategies I have created for today's expiry.
Going with neutral view while keeping 18300 & 43500 as max pain.
Many were saying that they have missed yesterday's workshop. So I have rescheduled it.
In this workshop I will share:
1- My rule-based option strategies in Nifty and Banknifty.
2- My trend-following setup to trade options in Intraday.
Schedule: Sunday, May 14 at 11:00 AM.
For more details and book your seats visit here: TradePik.com/os
P.S. This is the last workshop for intraday strategies in May month. So don't miss!
Did adjustments and converted weekly strategy into no-loss strategy.
This is how you can reduce the risk and increase profitability.
Same thing I have shared in my last weekly workshop. If you want learn, you can access the recording.
Link: https://courses.tradepik.com/sessions/Online-Workshop-to-learn-Weekly-Positional-Strategies-6447d69331e8df074649a1a4
Have a profitable trading!
When I start trading, I thought that in trading your entry and exit is the only thing that can bring change in your trading. But when I go deep in the ocean I found that entry/exit is important but more important is you trade management.
If you can't manage your trade well, you can't make money here no matter how right your entry/exit is.
This is what I always teach to my students that learn how to manage your trades well. And to manage your need to all other things like your entry or exit.
So if you are interested to know how I trade Nifty and Banknifty in intraday and how I manage my trades? Which data I follow to manage my trade? then this workshop is for you.
Only few hours left for 3-Day online workshop. Book your seats now!
Workshop Schedule:
Date: Tuesday, May 09, 2023 (Today)
Time: 07:00 PM
Don't wait! Secure your spot now by clicking the link below:
--> https://TradePik.com/OS <--
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹-13387.5
2--->09:30 Nifty Intraday Strategy: ₹-31550.0
3--->11:35 Nifty Intraday Strategy: ₹2800.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
Join our exclusive 3-day online workshop and master intraday options strategies for Nifty and BankNifty! 📚📈
- Learn practical techniques from industry experts 🎯
- Gain insights into effective risk management and trade execution 💼
- Take your trading skills to the next level and achieve consistent profits! 💰
Link: TradePik.com/OS
#OptionsTrading #Workshop
Success isn't finding your 1 secret strategy that works.
Success is finding the 10,000 ways that don't.
#Deep #GoodMorning
Week starts on a positive note.
Around. 0.80% intraday return.
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://verified.sensibull.com/ps/demanding-salamander/zn3PEMm5IMvIbL
You can utilize your time for some other productivity tasks when your algo is taking care of execution.
Читать полностью…Your MIND wasn’t designed to see & process all the worlds problems everyday.
•Stop watching news.
•Stop consuming anxiety.
•Stop listening to depressing & divisive stuff.
INTENTIONALLY CHOOSE what YOU ALLOW to enter your mind.
#GoodMorning
Dear Friends,
I hope you are doing well.
Despite clear trend fluctuation is very high in the market from last 2 months. Most of the rule-based are giving loss due to stoploss triggered on both sides.
But our Nifty rule-based option strategies have given a very good return, in fact, manage to generate a 6% return in April Expiry through these rule-based strategies.
Return could be much higher if our banknifty strategies worked in the same way.
Last month I did few optimizations in BankNifty strategy but risk was slightly higher.
As a safe trader, my first priority is to bring my risk down so that we can manage our overall loss in a bad day. It helps me to follow my system with more disciplined way.
So I did a few more optimization in my banknifty intraday strategy. I have tested both strategies (the old one & the new optimized) this week and the newly optimized strategies has given outstanding return even in the highly fluctuated market like Friday.
So to share the new rule and strategies with you, I have scheduled an online workshop where I will share my rule-based strategies in Nifty and BankNifty.
Along with rule-based strategies, I will share my trend-following setup also that along is enough to generate 4-6% return while taking a nominal risk.
So if you are interested to learn my rule-based strategies along with trend-following setup, please book your seat now
Schedule: Tuesday, May 09, 2023 at 07:00 PM.
Link to book your seat: TradePik.com/OS
Feel free to ask if you have any query.
See you in the workshop.
Mastering the Mind: Your Key to Trading Success https://bit.ly/437RKlJ
#OptionsTrading #options #trading #nifty #banknifty #SEBI #stockmarket
🎓📈 Join our 3-day online workshop to learn intraday options strategies for Nifty and BankNifty! 🚀
📚 Learn rule-based option strategies and our trend following setup 📊
💰 Catch 300-400 points in Nifty and 800-1000 points in BankNifty 💵
👨🏫 Led by expert traders with years of experience 💯
👉 Register now to secure your spot!
Link: tradepik.com/os
#options #trading #workshop #Nifty #BankNifty
Booked and closed Expiry Day Intraday Strategies too.
Capital Deployed 20 LK and Intraday return around 3%.
That's why I also give importance on diversification. Create a basket of diversified strategies and let market do its job.
Enhancing Profitability: Unleashing the Power of Options in Investing https://tradepik.com/unleashing-the-power-of-options-in-investing/
Читать полностью…Don't focus on making ₹1Cr/year, focus on making ₹27k every day
Don't focus on losing 15k on GYM , focus on hitting the gym 5 times per week
Goals become easy to achieve when you divide them into small actions and habits
#GoodMorning
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹-9675.0
2--->09:30 Nifty Intraday Strategy: ₹300.0
3--->11:35 Nifty Intraday Strategy: ₹1900.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗲𝗻𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗠𝗮𝘆 𝟭𝟬, 𝟮𝟬𝟮𝟯!
After yesterday's turmoil session. #StockMarketindia opened flat and we saw a short buildup in both indices.
Intraday Trend looks "Bearish" in #nifty and #banknifty.
Resistance has been shifted to 18300 from 18400 in Nifty and support remains unchanged at 18100.
For BankNifty: Resistance is at 43200 and support is at 42800.
So we can say that Nifty and BankNifty both are trading in a tight range ahead of expiry.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘁𝗼𝗱𝗮𝘆!
Because the trend is bullish in nifty and bank nifty, So we can create short calls above the immediate resistance levels.
In the live session at 10:00 AM, we shorted 17400 CE and 43500 CE. We will adjust if we find data is changing.
To learn my intraday strategies and trend-following setup, you can book your seat for the upcoming workshop:
Link: TradePik.com/OS
In case you have any queries, feel free to type in the comment box!
Disclaimer Aplies.
#OptionsTrading #StockMarket #trading
Around 0.80% intraday loss today.
https://web.sensibull.com/verified-pnl/demanding-salamander/lw6o5vPEaXxJsS
Mastering the Art of Trading: Two Fundamental Rules for Success!
Link: https://bit.ly/3pnC2En
#OptionsTrading #trading #nifty #banknifty #Stockmarketindia
𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗲𝗻𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗧𝗼𝗱𝗮𝘆!
After a good rally yesterday. #StockMarketindia continues its upside rally today also. Somewhere #nifty and #bankNifty are facing resistance from higher levels.
Intraday Trend looks "Bullish" in #nifty and "Bearish" in #banknifty.
resistance has been shifted to 18400 from 18300 in Nifty and support to 18100 from 18000.
For BankNifty: Resistance is at 43500 and support is t 43000 shifted from 42500..
So we can say that people are shifting their positions to higher levels. Same you can do with your strategies. You can shift your range to higher levels.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘁𝗼𝗱𝗮𝘆!
although the trend is bullish in nifty it's not that strong. So one can create a neutral strategy instead of selling naked puts.
For Banknifty, you can sell Calls because #bankNifty is trading near the resistance but keep a distance of around 300 - 400 points from the ATM.
3- Day Online Workshop to learn intraday options strategies: TradePik.com/OS
Book your seats now!
Good evening, guys!
I hope you are doing well.
Today, I want to share an experience with you.
Yesterday, I was talking to one of my friends on the phone, and he was very depressed. He just started his options trading and is facing lots of obstacles.
He shared many strategies that he found on the internet or by discussing them with many traders who are doing well.
Few are making money with option buying. Few are creating options strategies, few are selling options, few are following price action, and few are following technical indicators.
He said, "All are making money except me".
So I asked, "What are you doing right now?"
He said I was doing options selling a few months ago, but due to high risk, I started doing options strategies, but the market was very trending in the last few months so got a loss there also. Then I saw someone is making good money in options buying so I'm doing options buying from last few weeks.
I asked, "What's the performance so far?"
He said losing only. 🤤
Now, here's my question to you: "What do you believe the problem is?" (Type in the comment box.)
As per my experience, the problem is that he is not sticking to one trading plan.
Every system has some limitations. Some work in trending markets, and some work sideways. Some work when momentum is high and some in low momentum. Some work well in high volatility, and some work in low volatility.
So every day, one system worked. and another didn't. The problem starts when we start looking at other people's systems.
We thought that his or her system is more powerful than mine. But, my dear friend, every system has some limitations too. There were days when their system would not work, but yours did.
So always find out which system suits you based on your risk appetite, and then follow that system with patience and discipline.
Once you've decided on a system, your focus should be on how to improve it. not how to get away from it.
We won't get anywhere if we jump from here to there.
If you look at other people who are doing well, you will notice that they all have one thing in common: they are all just following their system. They don't care what others are doing.
So always stick to your system and improve or optimize it based on the current nature of the market.
If you are the one who is facing the same issue, please follow the advice. And if you want to take yourself to the next level and want to learn how I'm doing options trading intraday, then you can book your seat for my upcoming workshop.
Schedule: May 9, 2023, at 7:00 PM.
Link: TradePik.com/OS
Do let me know in the comment box how you tackled these types of issues during your learning journey.
Have a lovely evening!
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹16762.5
2--->09:30 Nifty Intraday Strategy: ₹22750.0
3--->11:35 Nifty Intraday Strategy: ₹2075.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗲𝗻𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗠𝗮𝘆 𝟬𝟴, 𝟮𝟬𝟮𝟯!
After a fall on Friday. Today #StockMarketindia opened flat and we have seen good buying from lower levels.
Most of the sectors are trading in Green where reality is the top performer.
Intraday Trend looks "Highly Bullish" in #nifty and "Bullish" in #banknifty.
18300 is acting as immediate resistance and 18000 as support in Nifty.
For BankNifty, 43500 is resistance and 42900 is support based on the PCR rule.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘁𝗼𝗱𝗮𝘆!
Because the trend is bullish today so we have to short PUTs only. One can sell PUT below 18100 in Nifty and below 42900 in BankNifty.
I have scheduled an online workshop where I will share my intraday strategies and trading setup with live market support.
Book your seats here: TradePik.com/OS
In case you have any questions, feel free to type them in the comment box!
Disclaimer Applies.
#OptionsTrading #trading #StockMarkets
In this type of highly fluctuated market where stoploss are hitting on both sides, you don't need a holy grail.
You just need a simple setup with diversified strategies. This diversification will not only help you to manage the fluctuation but will also help you to reduce the drawdown.
I have scheduled a online workshop on May 09, 2023 at 07:00 PM to share my strategies that are helping to generate 3-4% monthly return while keeping risk on limited side.
For this live interacting session, You can book your seat here: tradepik.com/os
Few seats lefts for the early bird discount!
Will see you in the workshop. Have a lovely evening!
I have shortlisted few stocks and more strategies will come in the coming expiry. So keep following!
Читать полностью…