Have you booked your seat for 30-day option trading challenge?
If not, book now. Seats are filling very fast.
Link: https://courses.tradepik.com/courses/30-day-options-trading-challenge
Next 30 days will be game changer for you!
𝗪𝗵𝘆 𝗧𝗵𝗲𝗼𝗿𝗲𝘁𝗶𝗰𝗮𝗹 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗜𝘀 𝗡𝗼𝘁 𝗦𝘂𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗶𝗻 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 𝗧𝗿𝗮𝗱𝗶𝗻𝗴
In my previous post, I talked about my upcoming 30-day option trading challenge. In this post, I want to talk about why theoretical knowledge is not sufficient in options trading.
Many people think that if they learn all the theory about options trading, they'll be able to make money in the market. But that's not the case.
The problem with theoretical knowledge is that it doesn't teach you how to deal with the real world.
For example, you might learn about the Greeks and how they affect options prices. But you won't learn how to deal with the fact that the Greeks are constantly changing and that they can have a big impact on your profits and losses.
The only way to learn how to trade options profitably is through practice.
And that's what my 30-day challenge is all about.
In this challenge, you'll be trading options in a live market under my guidance.
You'll learn how to deal with real-world factors like the Greeks, news events, and market volatility.
And you'll learn how to manage your trades effectively so that you can minimize your losses and maximize your profits.
Here's a real-life example for Indian options traders about why theoretical knowledge is not sufficient:
In February 2023, there was a sudden and unexpected sell-off in the Indian stock market.
This sell-off caused the volatility index (VIX) to spike to over 30.
As a result, options premiums also spiked.
Many options traders who were using theoretical knowledge to trade got caught off guard.
They didn't know how to deal with the sudden increase in volatility.
And as a result, they lost a lot of money.
This example shows that theoretical knowledge is not enough to be a successful options trader.
You also need practical experience.
And that's exactly what my 30-day challenge is all about.
If you're ready to learn how to trade options profitably, then sign up for the challenge today!
Limited seats available.
Click here to join the challenge: https://bit.ly/46b2lO4
Best,
Sachin Sival
Founder, TradePik
https://bit.ly/46b2lO4
📈 Ready to take your options trading to the next level? Join our 30-Day Options Trading Challenge! 🚀
📊 Learn data analysis
🎯 Choose the right options
💼 Navigate the live market
🤝 Get direct guidance in a WhatsApp group
Sign up now: https://bit.ly/46b2lO4
Don't miss out – boost your trading skills and earnings today! 💰
#OptionsTrading #TradingChallenge
Published a new Article on blog. Here is the details:
The Art of Predicting Market Trends: A Step-by-Step Guide (2023) https://tradepik.com/art-of-predicting-market-trends/
Major Resistance in Nifty:20100
Major Support in Nifty: 20000
Major Resistance in Bank Nifty: 46000
Major Support in Bank Nifty: 46000
Highest Chng In OI :-> 20100 : CE | 20000 : PE |
Highest VOLUME :-> 20150 : CE | 20000 : PE |
Highest OI CE |STRIKE PRICE| AND |OI| :-> 20100 : CE | 709695 |
Highest OI PE |STRIKE PRICE| AND |OI| :-> 20000 : PE | 734783 |
Where #Nifty has given a breakout and trying to sustain above 20,000, #banknifty is still facing resistance from higher levels.
For me, 19800 - 20,000 is the support zone and I'm not bearish on #nifty till it is holding this zone.
For #BankNifty, 45600 - 46400 is the resistance zone, and I follow a range-bound approach till BankNifty is holding this zone.
On the chart, there is no sign of weakness, so I suggest, we should avoid any contra-trade here.
Let #StockMarketindia give a clear indication of weakness, and we can adjust our positions accordingly.
Attention guys!
The only secret for continuous growth is keep learning.
Whatever you spend in your learning, gives you lifelong return.
To simplify your trading learning I create TradePik's membership where you can get access to all the courses.
Check here: https://bit.ly/46NRhYx
P.S. I have given the access of mentorship program also for the next 24 hours. So grab your seat now!
https://bit.ly/46NRhYx
Published a new Article on blog. Here is the details:
How to Use PCR (Put Call Ratio) to Find False Breakouts or Breakdowns? https://tradepik.com/how-to-use-pcr-put-call-ratio-to-find-false-breakouts-or-breakdowns/
After positive opening of #StockMarketindia, we can see long buildup on call side and short buildup on the put side, indicating bullish trend based on current OI data.
Immediate resistance at 20, 000 and support is at 19800 in #Nifty.
For #banknifty, immediate resistance is at 45500 and support is at 45000.
Major Resistance in Nifty:19650
Major Support in Nifty: 19500
Major Resistance in Bank Nifty: 44500
Major Support in Bank Nifty: 44500
Highest Chng In OI :-> 19650 : CE | 19550 : PE |
Highest VOLUME :-> 19600 : CE | 19500 : PE |
Highest OI CE |STRIKE PRICE| AND |OI| :-> 19650 : CE | 769791 |
Highest OI PE |STRIKE PRICE| AND |OI| :-> 19500 : PE | 704768 |
May Lord Krishna give you the best of health, fulfil all your wishes and bless you with love, happiness and laughter!
#KrishnaJanmashtami #Krishna #Janmashtami #KrishnaJanmastami
Intraday Trend has been changed to "highly bearish" in both #Nifty and #BankNifty.
Indicated this in the morning itself.
Any reversal till VWAP can be the Call Selling opportunity today but as I always said, keep your risk limited. Because anytime market can surprise you.
This whole week #nifty and #banknifty both are trading in a range.
Intraday trend looks "Neutral" in #nifty and "Bearish" in #BankNifty
19600 in #nifty and 44600 in #banknifty are acting as strong resistance levels.
A breakout is required for further upside levels that look difficult based on chart and OI data.
Today is the BankNifty expiry, so we may see wild movement on both sides. So trade with proper risk management and as I always said, keep proper hedge in your system.
Don't just buy options to minimise the margin requirements. Use to limit your risk.
Want to start trading options? Here are 7 mistakes to avoid 👇 👇
#trading #tradingforex #sharemarket #nifty #tradingsignals #tradinglifestyle #tradingview #tradingcardgame #tradingcard #tradingstrategy #tradingonline #tradingtips #tradingsignal #tradinglife #tradingaccounts #tradingstocks #tradingplaces #tradingplan #tradingpost #tradingeducation #tradingforliving
Major Resistance in Nifty:19500
Major Support in Nifty: 19300
Major Resistance in Bank Nifty: 44500
Major Support in Bank Nifty: 44000
Highest Chng In OI :-> 19500 : CE | 19500 : PE |
Highest VOLUME :-> 19500 : CE | 19500 : PE |
Highest OI CE |STRIKE PRICE| AND |OI| :-> 19500 : CE | 263225 |
Highest OI PE |STRIKE PRICE| AND |OI| :-> 19300 : PE | 201528 |
Deployed a new Weekly Options Strategy in Nifty for the next 2 trading days.
For more details and adjustments, check out the below link:
Link: https://bit.ly/3MReK3d
#Nifty #Options #OptionsTrading #trading #StockMarket
Options trading is not a get-rich-quick scheme.
It takes time, hard work, and dedication to become a successful options trader. If you're looking for a way to get rich quick, you're in the wrong place.
Here's the truth:
Options trading is complex. There's a lot to learn about options contracts, pricing models, and risk management.
Options trading is risky. You can lose money quickly if you don't know what you're doing.
Options trading is not for everyone. It takes a certain personality type to succeed in options trading. You need to be disciplined, patient, and able to handle risk.
If you're serious about options trading, here's my advice:
Do your research. Learn everything you can about options trading before you start trading real money.
Start small. Don't risk more money than you can afford to lose.
Use a demo account. This will allow you to practice trading without putting any real money at risk.
Find a mentor. Find an experienced options trader who can help you learn and grow.
Don't fall for get-rich-quick schemes. There is no such thing as easy money in options trading. If someone is promising you guaranteed profits, they're trying to scam you.
I've been there myself. I've been tempted by get-rich-quick schemes in the past. But I've learned that there is no substitute for hard work and dedication.
If you're willing to put in the time and effort, you can succeed in options trading. But don't expect to get rich quick.
Here's a personal story:
I remember when I first started learning about options trading. I was so excited about the potential to make a lot of money quickly and easily. I signed up for a course that promised to teach me how to trade options like a pro.
The course was expensive, but I was willing to pay anything to learn how to get rich quick. I spent hours studying the course materials and practicing on a demo account.
Finally, the day came when I felt confident enough to start trading real money. I deposited a small amount of money into my trading account and placed my first trade.
I was so excited when I made a profit on my first trade. I thought I had finally cracked the code to getting rich quick.
But then I lost money on my next trade. And the next one. And the next one.
I quickly realized that options trading is not as easy as the course had promised. I was losing money fast.
I finally decided to stop trading and reassess my situation. I realized that I had been naive to think that I could get rich quick. I needed to learn more about options trading and develop a solid trading strategy.
I spent the next few months learning everything I could about options trading. I read books, articles, and blog posts. I watched webinars and took online courses. I also talked to experienced options traders to learn from their experiences.
Once I felt confident in my knowledge and skills, I started trading again. But this time, I was more cautious and disciplined. I only traded small amounts of money and I followed my trading strategy strictly.
I'm still learning and growing as an options trader. But I'm making progress. I'm now consistently profitable, and I'm confident that I can continue to succeed in the long term.
If you're serious about options trading, I encourage you to follow my advice. Don't fall for get-rich-quick schemes. Take your time, learn the basics, and develop a solid trading strategy. If you're willing to put in the work, you can be successful in options trading.
Option trading is not about taking right entry or exit.
Options trading is all about managing your trade in such a way that you can reduce risk to increase profit.
I started trading with options strategies 6 years back and there is no look back then.
Are your facing any difficulties to create a trading system with options hedging strategies?
Here is the change to learn through One-to-one sessions in my mentorship Program.
I believe every person faces some different problems, so address these problems in more personalised way I started this "Option Strategies: A Mentorship Program".
For more details and enroll please visit here: https://lp.tradepik.com
Have any questions, feel free to ping me.
Have a lovely weekend!
We can see hue call selling from 20000 to 20200.
20000 CE already trading around ₹25 discount. Indicating that people are expecting expiry near 20000.
Keep following the OI to further levels for today's expiry.
Based on OI data 20000 to 20200 is the expiry range for today.
After yesterday's highly volatile session, today, #nifty and #banknifty both look neutral and are trading in a range only.
Important support and resistance levels I have marked on the pic attached. 👇👇
Prefer to trade with delta-neutral strategies but keep real hedges to limit your loss.
#OptionsTrading #options #StockMarketindia
People think they struggle to grow because they are not good at learning, they are actually not good at unlearning.
Their old identity is in the way, their inner insecure voice keeps telling them what they cannot do.
They must learn to ignore it in order to rebuild themselves.
Time to implement what we have learnt yesterday.
Follow PCR to find the latest support and resistance for today.
Major Resistance in Nifty:20000
Major Support in Nifty: 19800
Major Resistance in Bank Nifty: 45500
Major Support in Bank Nifty: 45000
Highest Chng In OI :-> 20000 : CE | 19900 : PE |
Highest VOLUME :-> 19900 : CE | 19900 : PE |
Highest OI CE |STRIKE PRICE| AND |OI| :-> 20000 : CE | 234214 |
Highest OI PE |STRIKE PRICE| AND |OI| :-> 19800 : PE | 206748 |
Published a new Article on blog. Here is the details:
Stock Market Prediction with Best Option Trading Strategy for Coming week https://tradepik.com/best-option-trading-strategy-weekly-analysis/
🪔🕊 𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗞𝗿𝗶𝘀𝗵𝗻𝗮 𝗝𝗮𝗻𝗺𝗮𝘀𝗵𝘁𝗮𝗺𝗶 𝘄𝗶𝘁𝗵 𝗮 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗧𝘄𝗶𝘀𝘁! 📈📊
Dear Option Traders,
As we celebrate the divine and joyous occasion of Krishna Janmashtami, I couldn't help but reflect on the profound wisdom that Lord Krishna's life imparts – wisdom that can be seamlessly applied to our world of option trading.
🌟 𝗟𝗼𝗿𝗱 𝗞𝗿𝗶𝘀𝗵𝗻𝗮'𝘀 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝘁𝗼 𝗠𝗮𝘀𝘁𝗲𝗿𝘆 🌟
Think of Lord Krishna as the ultimate trader in the Mahabharata of his time. His life teaches us valuable lessons about navigating the complexities of options trading:
🔄 𝗔𝗱𝗮𝗽𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Just as Krishna adapted to different roles throughout his life, we must adapt our trading strategies to ever-changing market conditions. Be it as a divine charioteer or a strategist, Krishna remained flexible in his approach.
🔐 𝗣𝗮𝘁𝗶𝗲𝗻𝗰𝗲 & 𝗧𝗶𝗺𝗶𝗻𝗴: Krishna's role in the Kurukshetra war reminds us of the importance of patience and timing in trading. He knew when to intervene and when to wait. Similarly, timing your options trades can make all the difference.
📚 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴: Krishna was the embodiment of knowledge. He encourages us to keep learning and improving our trading skills. The options market is ever-evolving, and staying updated is key to success.
🛡 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Krishna's strategic brilliance ensured that he minimized risks. Similarly, option traders must prioritize risk management to protect their investments and preserve capital.
🤝 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗦𝗽𝗶𝗿𝗶𝘁: Krishna's ability to build alliances is a lesson for traders too. Networking and collaborating with fellow traders can provide valuable insights and support.
🔮 𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗜𝗻𝘁𝘂𝗶𝘁𝗶𝗼𝗻: Krishna's intuition guided him in making crucial decisions. Trust your instincts, but always back them up with sound analysis in option trading.
🤲 Let's Embrace These Learnings 🤲
This Janmashtami, let's celebrate Lord Krishna's wisdom by applying these lessons to our option trading journey. May our portfolios be as abundant as Krishna's blessings, and may our trades be as victorious as his divine strategies.
Wishing you all a prosperous and enlightened Krishna Janmashtami! 🌟🙏
#KrishnaJanmashtami #OptionsTrading #WisdomFromKrishna #TradingStrategies #MarketWisdom #LearnFromTheMaster
Published a new Article on blog. Here is the details:
The 3 Reasons Why Open Interest is More Important than Price Action https://tradepik.com/the-3-reasons-why-open-interest-is-more-important-than-price-action/
𝗦𝘁𝗶𝗹𝗹 𝘁𝗶𝗺𝗲 𝘁𝗼 𝘁𝗮𝗸𝗲 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲 𝗼𝗳 𝗺𝘆 𝗧𝗲𝗮𝗰𝗵𝗲𝗿'𝘀 𝗗𝗮𝘆 𝗼𝗳𝗳𝗲𝗿!
I'm offering a special discount on my Option Strategies: A Mentorship Program in celebration of Teacher's Day. The discount is valid for today only.
In this program, I will teach you the basics of options trading, including how to identify trading opportunities, how to manage your risk, and how to develop your own trading style.
I will also share with you my own experiences as a trader, and I will be available to answer your questions and provide you with guidance.
I believe that this program can help you to become a more successful trader. So if you're interested, I encourage you to sign up today.
Click the link below to learn more about the program and to take advantage of the discount.
Link: https://bit.ly/3fM7nfl
I hope you have a wonderful Teacher's Day!
P.S. If you've already signed up for the program, thank you for your support! I'm looking forward to working with you.
Major Resistance in Nifty:19600
Major Support in Nifty: 19500
Major Resistance in Bank Nifty: 44500
Major Support in Bank Nifty: 44300
Highest Chng In OI :-> 19600 : CE | 19600 : PE |
Highest VOLUME :-> 19600 : CE | 19600 : PE |
Highest OI CE |STRIKE PRICE| AND |OI| :-> 19600 : CE | 279840 |
Highest OI PE |STRIKE PRICE| AND |OI| :-> 19500 : PE | 341698 |
𝗛𝗮𝗽𝗽𝘆 𝗧𝗲𝗮𝗰𝗵𝗲𝗿'𝘀 𝗗𝗮𝘆!
I'm grateful to all the teachers who have helped me along my trading journey. A good mentor can make all the difference.
One of the most important things that a teacher can do is to help you develop your own trading style. There is no one-size-fits-all approach to options trading. What works for one person may not work for another. So it's important to find a teacher who can help you understand your own strengths and weaknesses as a trader.
My mentor was able to do this for me. He helped me to identify my trading style and to develop a trading plan that was tailored to my individual needs. He also taught me how to manage my risk and to avoid making emotional trading decisions.
I remember one time when I was stuck in a highly risky trade. I was feeling really stressed out and I didn't know what to do. I called my mentor and he talked me through the situation. He helped me to stay calm and to make a rational decision.
I'm so grateful for the guidance and support that my mentor has given me. He has helped me to become a better trader and a better person.
If you're interested in learning more about options trading, I encourage you to find a mentor who can help you on your journey. A good mentor can make all the difference.
In celebration of Teacher's Day, I'm offering a special discount on my Option Strategies: A Mentorship Program. This program is designed to help you learn the basics of options trading and to develop your own trading style.
The discount is valid for the next 24 hours. So if you're interested, I encourage you to sign up today.
Click the link below to learn more about the program and to take advantage of the discount.
[Discounted Link: https://bit.ly/3fM7nfl ]
Thank you again to all the teachers out there who have helped me along my journey. I hope you have a wonderful Teacher's Day!
Sachin Sival
Founder, TradePik
📈 Ready to master the art of decision-making in the Indian derivatives market?
💪💰 Don't miss these expert strategies!
Link: https://bit.ly/3R6dueN
#TradingSuccess #Mentorship 🚀
https://bit.ly/3R6dueN