Divergence in Trading What is Divergence? Divergence is when the asset price moves in the direction opposite to what a technical indicator indicates. When a stock is diverging, it signals weaker price trends and the beginning of a reversal
Seeing divergence increases profitability by alerting a trader to protect profits. Technical traders generally use divergence when the price moves in the opposite direction of a technical indicator.
Strong divergence is the most reliable type of divergence, often signaling a significant reversal. It occurs when the price makes a new high or low, but the indicator fails to do so, indicating weakening momentum.
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Advance database trading Stock exchanges and data vendors are great sources for institutions. Retain traders can use broker APIs as it's more economical. As a trader, you must be quick and analytical, and good-quality data is the way to go
Paper trading, also known as virtual trading or simulated trading, is a practice that allows beginners and experienced traders alike to simulate the process of buying and selling financial assets, such as stocks, without using real money.
Option And Database trading To study an option chain, focus on the current market price, displayed in the centre. Analyse the built-up data to understand market direction based on recent changes in open interest and price. ITM call options are typically highlighted in yellow, making it easier to distinguish them from other options.
Adani Enterprises. ...
Infosys Limited. ...
HDFC Bank. ...
Tata Consultancy Services (TCS) ...
Bajaj Finance. ...
Tata Steel. ...
Bharat Petroleum Corporation Limited (BPCL) ...
Larsen & Toubro Limited (LT)
Nifty Intraday Analysis for 18th December 2024NSE:NIFTY
Index closed near 24335 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24700 Strike – 102.46 Lakh 24500 Strike – 100.29 Lakh
24600 Strike – 98.74 Lakh
Put Writing
22900 Strike – 80.79 Lakh
24000 Strike – 79.80 Lakh
23500 Strike – 62.16 Lakh
Index has resistance near 24500 - 24550 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range.
Index has immediate support near 24175 – 24125 range and if this support is broken then index may tank near 24000 – 23950 range.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Inverse Head and Shoulder Breakout in EVEREADY.
BUY TODAY SELL TOMORROW for 5%
MARKET SEDUCES YOU AND THEN ABUSES YOUIf you’ve been trading for a while, you’ve likely experienced the bittersweet relationship every trader has with the market. It's alluring, promising wealth and freedom, but just when you think you're in control, it turns around and shows you who's boss. If you ask me, the market is like that one girl (or guy) who seduces you with charm, only to leave you questioning every decision when reality sets in. Let me explain.
The Seduction: The Perfect Setup
Every trader starts their journey starry-eyed. Charts look predictable, patterns seem reliable, and the idea of making money feels as simple as "buy low, sell high." You see a bullish setup—a textbook breakout or a pristine reversal—and your confidence skyrockets.
The market whispers sweet nothings:
"You're smart."
"You’ve got this figured out."
"This trade is the one that will change everything."
Your heart races as you enter the trade, convinced that profits are just a formality. The charts, like a perfectly written love letter, pull you in deeper.
The Abuse: The Sudden Betrayal
And then it happens. That perfect setup? It fails. Your stop-loss gets triggered, or worse, you hold on as the market spirals out of control, dragging your account with it. The promises of wealth turn into whispers of regret:
"Why didn’t you see the signs?"
"You should’ve exited earlier."
"You’re not cut out for this."
The very market that lured you in with promises of riches now mocks you with losses. Your emotions swing wildly—frustration, regret, even self-doubt.
The Cycle of Hope and Hurt
What makes the market truly intoxicating (and dangerous) is its unpredictability. Just when you're ready to walk away, it offers another chance—a new setup that looks even better than the last. It reels you back in, and the cycle repeats.
The seductive charm of the market lies in its ability to make you believe you’re in control, only to remind you of its dominance when you least expect it. It tests your patience, discipline, and ego like nothing else.
How to Survive the Relationship
To thrive in the market, you must treat it with respect and caution, like a volatile relationship:
1. Detach from Emotion: Avoid getting too attached to any single trade. The market owes you nothing.
2. Have Clear Boundaries: Use stop-losses and position sizing to protect yourself. Don't give the market more than you're willing to lose.
3. Stay Humble: Overconfidence is the market's favorite weakness to exploit. Stay grounded and stick to your plan.
4. Learn from the Pain: Losses are inevitable, but they’re also lessons. Reflect and adapt after every setback.
The Market Is What You Make It
While the market can seduce and abuse, it’s ultimately neutral—it’s neither good nor evil. The key is in how you approach it. Treat it with caution, embrace the uncertainty, and remember: no one trade will make or break your career.
Trading isn’t just about winning; it’s about surviving. So, the next time the market flashes its charm, remind yourself: looks can be deceiving. Stay vigilant, and don’t let its allure blind you to the risks.
how to use ADX The ADX is widely used and is considered by many traders to be very reliable as a gauge of trend strength. Traders can easily alter the time period to meet their
ADX below 20: Non-trending or consolidating.
ADX crosses above 20: A new trend may emerge.
ADX crosses 25: Confirmation of the trend.
ADX above 40: Strong trend.
ADX crosses 50: Extremely strong trend.
ADX crosses 70: A rare occasion.
Lecture for option trader Derivatives - Options & Futures: Interactive Brokers.
Practical Guide to Trading: Interactive Brokers.
Trading Strategies in Emerging Markets: Indian School of Business.
Financial Engineering and Risk Management: Columbia University.
If you think the stock price will move up: buy a call option, sell a put option. If you think the stock price will stay stable: sell a call option or sell a put option. If you think the stock price will go down: buy a put option, sell a call option.
Bitcoin Elliott Wave Breakdown: Sharp Drop Ahead?Bitcoin Elliott Wave Breakdown: Sharp Drop Ahead?
Elliott Wave Insights: #Bitcoin may be forming an Expanding Diagonal (ED) in Wave 3, signaling potential retracement. Wave 2's shallow nature raises caution for long positions.
Scalp Short Setup:
⚫️ Entry: $106k–$108k
⚫️ Targets:
◾️ 0.382 FIB: $90,048
◾️ 0.5 FIB: $85,063
⚫️ Stop-Loss: 4H close above recent ATH.
⚠️ Risk Management: Use tight stops; avoid high leverage. Bullish momentum persists.
Plan: Waiting for clearer corrections to enter long. Always DYOR.
CRYPTOCAP:BTC
BTCUSD - Channel BO - WKLYThe chart displays Bitcoin's price action (BTC/USD) over a weekly timeframe, suggesting a large channel BO.
Key insights:
1. **Resistance Zone**: Around ~$65,000, which acted as a historical peak during earlier bull runs.
2. **Breakout Target**:
- The measured move of ~$54,840.25 (approximately a 72.17% rise post-breakout) suggests a price target near **$131,176.66**.
3. **Volume**: Noticeable increase in volume during the breakout, signaling strong buying momentum.
4. **Current Price**: Bitcoin is trading near ~$107,367.64, consolidating above the breakout resistance.
The chart anticipates a bullish continuation toward the projected target (~$131,000) if the breakout holds, in line with historical price structure.
technical class 2 But, unlike teen patti, options trading is not just based on luck. With the right knowledge and understanding of the market, you can make informed decisions that can lead to big profits. So, if you're willing to put in the time and effort to learn about options trading, you can definitely do it
The best way to learn options trading is to take an options trading course. These courses lay out a specific curriculum and can take you from total novice to consistent profits. The right options trading course can help you learn options trading far more efficiently than a DIY approach through books or YouTube videos.
Database information for traderCandlestick charts are perhaps the most widely used among active traders. In some ways, candlestick charts blend the benefits of line and bar charts as they convey both time and impact value. Each candlestick represents a specific timeframe and displays opening, closing, high, and low prices.
Price Data: Real-time and historical prices of stocks, commodities, and currencies.
Volume Data: Details on traded quantities within specific timeframes.
Order Book Data: Insights into buy and sell orders at different price levels.
Market Timestamps: Precise timing of trades and market events.
Option trading // Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Nifty Intraday Analysis for 17th December 2024NSE:NIFTY
Index closed near 24670 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 97.25 Lakh 24700 Strike – 73.95 Lakh
24800 Strike – 59.48 Lakh
Put Writing
24500 Strike – 64.68 Lakh
24700 Strike – 53.24 Lakh
24600 Strike – 45.84 Lakh
Index has resistance near 24775 - 24825 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24550 – 24500 range and if this support is broken then index may tank near 24350 – 24250 range.
Class for option trader In summary, here are 10 of our most popular options trading courses
Derivatives - Options & Futures: Interactive Brokers.
Practical Guide to Trading: Interactive Brokers.
Trading Strategies in Emerging Markets: Indian School of Business.
Financial Engineering and Risk Management: Columbia University.
The course provides students with an understanding of the derivatives markets (futures and options) and how they are traded. It also explains the construction and applications of payoff diagrams, and introduces a number of options trading strategies.
RSI trading RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued. A value of 50 signifies a balance between bullish and bearish positions or a neutral stance
In the chart below, RSI is the blue line in the section below the S&P 500 price. Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.
Option chain and full knowledge about tradingAn option chain lists all option contracts, including put and call option for given security. However, several traders focus on net change,' 'bid,' 'last price,' and 'ask,' columns to assess current market conditions. Option chain is also called the option matrix.
Options trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so
Technical concepts in trading Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in KPRMILL
BUY TODAY SELL TOMORROW for 5%
Trading will BREAK YOUR BACK more than you can IMAGINETrading Will Break You Before You Master It: A Trader's Journey
Trading in financial markets can be one of the most rewarding yet humbling pursuits one can embark on. Beginners often enter the arena with dreams of quick riches and freedom, but they soon discover that trading is a brutal teacher. Before you "get the knack of it," trading will break your back—financially, emotionally, and psychologically.
Here’s why that happens, and how you can turn the pain into progress:
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The Painful Reality of Trading
1. Emotional Turmoil
Trading is more than analyzing charts or following strategies. It’s a test of your emotional resilience. The markets are unpredictable, and every trader faces losses. Fear, greed, and frustration often overpower logic, leading to impulsive decisions and repeated mistakes.
2. Financial Losses
Even the most experienced traders lose money. For beginners, losses can be especially devastating because they often lack risk management skills. The pain of watching your hard-earned capital disappear is a reality every trader must face.
3. Overconfidence and Humility
Success in early trades can foster overconfidence, which leads to riskier behavior and eventually to significant losses. Markets have a way of humbling even the most confident traders, forcing them to rethink their approach.
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Why Persistence is Key
The difference between successful traders and those who quit lies in how they respond to setbacks. Every loss is a lesson, and every mistake offers an opportunity to refine your strategy.
1. Building Resilience
Trading is a long-term game. Emotional resilience comes from understanding that losses are part of the process. Developing a mindset focused on improvement, rather than perfection, is crucial.
2. Learning Through Failure
Each failure teaches a valuable lesson. Perhaps you risked too much on a single trade or ignored a key indicator. Analyze every loss with a critical eye and adjust your strategy accordingly.
3. The Power of Discipline
Successful trading requires discipline—following your strategy, managing risk, and knowing when to exit a trade. This discipline doesn’t come naturally; it’s forged through repeated experiences, both good and bad.
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Tips to "Get the Knack of It"
1. Start Small
Begin with small positions to minimize risk. This allows you to learn without the pressure of significant financial losses.
2. Focus on Education
Study the markets, technical analysis, and trading psychology. Books, courses, and mentorship can accelerate your learning curve.
3. Keep a Trading Journal
Document every trade—why you entered, your strategy, and the outcome. Reviewing this journal helps you identify patterns in your behaviour and performance.
4. Develop a Risk Management Plan
Never risk more than you can afford to lose. Use stop-loss orders and position sizing to protect your capital.
5. Practice Patience
The markets are always there. Avoid the temptation to chase trades. Wait for setups that align with your strategy.
Conclusion
Trading will break you before it makes you. The journey is riddled with failures, but each one brings you closer to mastery. By embracing the process, learning from mistakes, and maintaining discipline, you can transform setbacks into stepping stones.
Remember, trading is not about winning every trade; it’s about being consistent over the long term. Success comes to those who endure the grind, adapt to challenges, and persist despite the pain
$MANTA Breakout Alert: Perfect Retest Signals Big Gains Ahead OMXHEX:MANTA Breakout Alert: Perfect Retest Signals Big Gains Ahead 🚀
Perfect dip entry executed below $1.
After breaking above $0.91, the price retested the $0.90 level—a strong bullish confirmation.
➡️ Entry Zone: $0.85–$0.95 ✅
➡️ Targets: $2 / $5 / $10 🔜
The retest at $0.90 signals strength, aligning with technical breakout patterns.
Of Course NFA 🕺
TECHNICAL TRADING CLASS 1Technical traders use unusual options activity as a signal to identify potential trading opportunities. They analyze the options data to determine whether there is a significant change in demand for a particular underlying asset and whether this is likely to result in a price movement.
The Relative Strength Index (RSI)
Moving Average Convergence Divergence (MACD) Indicator.
The Stochastic Oscillator.
Fibonacci Retracement.
Parabolic SAR.
Screener Plus.
Thinkorswim.
Slope of Hope.