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.
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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.
RSI TECHNICAL TRADING The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100.
The most commonly used RSI thresholds are 30 and 70. An RSI above 70 suggests a stock might be overbought, indicating a potential sell signal. Conversely, an RSI below 30 implies a stock might be oversold, presenting a possible buying opportunity
DATA 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.
You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades
OPTION TRADING You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades
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.
TECHNICAL ANALYSIS 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.
Best Technical Indicators for Intraday Trading
Bollinger Bands.
Relative Strength Index (RSI)
Exponential Moving Average (EMA)
Moving Average Convergence Divergence (MACD)
Parabolic SAR.
Pivot Points.
OPTION CHAIN TRADINGAn option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
A call option buyer stands to profit if the underlying asset, say a stock, rises above the strike price before expiry. A put option buyer makes a profit if the price falls below the strike price before the expiration.
Nifty Intraday Analysis for 16th December 2024NSE:NIFTY
Index closed near 24770 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 68.51 Lakh 25100 Strike – 51.89 Lakh
24800 Strike – 48.68 Lakh
Put Writing
25000 Strike – 62.85 Lakh
24000 Strike – 61.24 Lakh
24400 Strike – 48.33 Lakh
Index has resistance near 24900 - 24950 range and if index crosses and sustains above this level then may reach near 25050 - 25100 range.
Index has immediate support near 24550 – 24500 range and if this support is broken then index may tank near 24350 – 24250 range.
BANK NIFTY INTRADAY LEVELS FOR 16/12/2024BUY ABOVE - 53670
SL - 53500
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53500
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 52270
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
$ENA Chart Analysis: Key Insights for Traders🚀 XETR:ENA Chart Analysis: Key Insights for Traders
Recent Performance:
🔸 #Ethena has delivered 5x returns in the last 100 days, rewarding early investors significantly.
🔸 Notably, Trump has recently accumulated #ENA , adding momentum.
Current Levels:
🔸 If $1.46 breaks, expect a potential rally toward $2-$3.
🔸 The red resistance box has flipped into strong support. Holding above $1 signals a continued bullish trend.
⚠️ Caution:
🔸 Entry at current levels is high risk due to the sharp uptrend.
🔸 Wait for a dip: Ideal re-entry around $0.80-$0.70 if the red trendline breaks down.
Strategy:
🔸 Book partial profits if you entered at the dip.
🔸 Stay alert for price action at key levels to capitalize on opportunities.
Pro Tip: Watch $1 support and $1.46 resistance closely for next moves.
SML ISUZU - VCP information. Buy Above 2200. SL - 1920SML ISUZU - is forming VCP Pattern.
While Results are due in few days time, but the contraction is visible
indicating good news ahead.
Buy Above breakout point i.e. 2152 at 2200 with SL of 1920.
Targets, 2360, 2500
Note : all other stocks from this category have given excellent results.
Disclaimer : This is Educational content on VCP and not a suggestion to buy or sell.You are responsible for whatever you do.
RSI part 2 RSI Indicator: Best Settings for Day Trading Strategies
Short-term intraday traders (day trading) often use lower settings with periods in the range of 9-11.
Medium-term swing traders frequently use the default period setting of 14.
Longer-term position traders often set it at a higher period, in the range of 20-30.
To use the RSI indicator, check if the value is above 70 to show an asset is overbought, or below 30 to show it is oversold. Traders can use these signals to find possible trading opportunities
26:59 Become a Profitable TraderExpectation management and risk
And to make a lot of money, traders have to take on a lot of risk. High levels of risk usually lead to margin calls and traders losing a lot of money. Therefore, in your beginnings, you should practice risk management and especially position sizing.
Few Important Information about tranding Few Important Information about tranding
Trading refers to the process of buying and selling financial assets, including stocks, bonds, currencies, and commodities. Trading is done with the explicit goal of making profits from price changes in the short term.
Trading involves the buying and selling of financial assets, such as stocks, to earn profits based on the price fluctuations of these assets. There are different types of trading, and traders use various strategies, techniques, and tools to decide when to buy or sell different assets