Database and Option trading Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers.
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.
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Relative Strength Index (RSI) IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies.
The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell signals (when to enter and exit positions). Values above 70 indicate overbought conditions and those below 30 indicate oversold conditions.
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.
ADX indicator in Trading The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
lecture for option traderOption trading gives the buyer the right but not the obligation to buy (call option) or sell (put option) a certain underlying asset at a predetermined price within a stipulated period. Options trading involves strategies that provide traders with various market positions to make gains or mitigate the spot market risk.
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 Chain in trading Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
What is Implied Volatility (IV)? Implied Volatility (IV) uses an option price to determine and calculate what the current market is talking about, the future volatility of the option's underlying stock. Implied volatility is one of the six essential factors used in options pricing models.
The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying.
Technical trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
Deep information for option trading When you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Option trading gives the buyer the right but not the obligation to buy (call option) or sell (put option) a certain underlying asset at a predetermined price within a stipulated period. Options trading involves strategies that provide traders with various market positions to make gains or mitigate the spot market risk.
how to draw support & resistance Support: Draw a horizontal line along the most recent low or lows where price reversed or consolidated. This will mark the support zone. Resistance: Draw a horizontal line along the most recent high or highs where price reversed or faced rejection. This will mark the resistance zone
Support and resistance can be found in all charting time periods; daily, weekly, and monthly. Traders also find support and resistance in smaller time frames like one-minute and five-minute charts. But the longer the time period, the more significant the support or resistance.
learn Database trading and other thingsSome traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and there's often a lot of trading between 9:30 a.m. and 10 a.m. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour.
Oracle Database is renowned for its high performance and solid market reputation for many years. This database offers advanced features such as AutoML, autonomous management, and support for multiple models, making it a preferred choice for many enterprises.2
Database in trading SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies.
Postgres is an open-source production-ready database with lots of use cases. Mongo is a NoSQL alternative that can sometimes be much faster than SQL databases. Arctic is built upon Mongo to make it even more helpful for those who work with market data, as Arctic supports pandas dataframes and NumPy arrays by default.
Option and Database trading The Bottom Line. 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.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. The RSI is one of the most popular technical indicators, and it is generally available on most trading platforms offered by online stock brokers.
Options in trading
When you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock
Calls.
Puts.
American Style.
European Style.
Exchange Traded Options.
Over The Counter Options.
option trading part 2Options 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.
learn ADX in trading Average Directional Index or ADX is a technical analysis indicator that can determine if a market trend is strong or weak. It provides values between 0 to 100 for the same. A value between 0-25 indicates a weak trend. A value between 25-50 indicates a fairly strong trend.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
Mastering Emotional Discipline: The Key to Trading SuccessMastering Emotional Discipline: The Key to Becoming an Emotionless Trader
Trading is not just about strategies or market knowledge—it’s a mental game. It tests your patience, your discipline, and most importantly, your ability to keep emotions in check. If you’ve ever felt fear, greed, or overconfidence while trading, you’re not alone. The truth is, even the most seasoned traders struggle with emotions. But what sets successful traders apart is their ability to master these emotions and make decisions based on logic, not impulse.
Let’s dive into why emotions are a challenge and how you can conquer them to trade with confidence and consistency.
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Why Emotions Are a Trader’s Biggest Challenge
Trading can feel like a rollercoaster ride. One moment you’re on top of the world with a winning streak, and the next, you’re doubting every decision after a loss. Here’s how emotions like fear, greed, and overconfidence can impact your trading:
Fear: The fear of losing money can paralyze you. It might make you close trades too early or avoid taking trades altogether, even when they align perfectly with your strategy.
Greed: That voice in your head saying, "Just a little more profit," can push you to overtrade or hold on to losing positions longer than you should.
Overconfidence: After a few wins, it’s easy to feel invincible. But overconfidence often leads to risky decisions and can derail your trading plan.
The key is not to eliminate these emotions but to recognize and control them.
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What Happens When Emotions Take Over?
Fear
Makes you second-guess yourself.
Leads to missed opportunities or premature exits.
Keeps you stuck in your comfort zone, limiting your growth.
Greed
Encourages overtrading, depleting your capital.
Makes you hold onto trades too long, hoping for a miracle.
Clouds your judgment, causing you to ignore your strategy.
Overconfidence
Makes you take unnecessary risks.
Leads to impulsive trades based on gut feelings rather than logic.
Prevents you from learning from mistakes because losses feel like exceptions.
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How to Trade Without Emotions?
The goal isn’t to suppress your emotions—it’s to master them. Here’s how:
1. Stick to a Clear Plan
Have a plan for every trade. Know your entry, exit, and stop-loss levels before you even place the order.
Treat your strategy like a trusted friend—it’s there to guide you, so stick with it, no matter what.
2. Master Risk Management
Protect your capital. Limit your risk to 1-2% of your portfolio per trade.
Diversify your investments to avoid getting too emotionally attached to a single trade.
Position sizing is your secret weapon—use it wisely.
3. Keep a Trading Journal
Write down everything—why you entered a trade, how it played out, and how you felt.
Reviewing your journal helps you spot patterns and understand what works (and what doesn’t).
It’s not just about tracking numbers; it’s about understanding yourself as a trader.
4. Leverage Technology
Use tools like stop-loss and take-profit orders to keep your emotions out of decision-making.
If you’re tech-savvy, explore algorithmic trading to automate your strategy.
Let alerts and notifications do the heavy lifting while you stay focused on the big picture.
5. Develop a Mindful Mindset
Take breaks during your trading day. Sometimes stepping away is the best move you can make.
Practice mindfulness—deep breaths or even a few minutes of meditation can help you reset.
Accept that losses are part of the game. Learn from them and move on.
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The Outcome
When you master emotional discipline, trading becomes less stressful and more rewarding. You’ll make decisions based on logic, avoid costly mistakes, and see consistent progress over time. Remember, it’s not about being emotionless—it’s about staying in control.
Every successful trader started where you are today. The difference is they learned to trust their process and stick to their plan. You can do the same.
If you found this post helpful, give it a like and follow! I’m here to share more insights to make your trading journey smoother and smarter. Don’t forget to check out my profile @TraderRahulPal for more educational content and actionable trading ideas. Let’s grow together! 🚀
Database in Trading part 2TLDR; ArticDB looks to be the best current option.
CSV - Simplest, slowest, largest and no data types can lead to type errors when loading.
SQL Database - typically transactional row store (OLTP), slow for analysis (OLAP), difficult to shard and parallelize workloads over clusters.
While MongoDB proved the fastest to read and write end-of-day OHLC (Open, High, Low, Close) data — the SQL solutions were 1.5 × to 3 × slower — in terms of costs MongoDB was definitely the most expensive due to its commercial licensing costs.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
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 in Trading An option chain is a detailed list of all available option contracts for a specific stock, including their strike prices and expiration dates.
What is Implied Volatility (IV)? Implied Volatility (IV) uses an option price to determine and calculate what the current market is talking about, the future volatility of the option's underlying stock. Implied volatility is one of the six essential factors used in options pricing models.
The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying.
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.
How to Trade Candlestick POIsThis is not precisely a forecast, rather, it is a tutorial on how to trade candlestick POIs using my custom Templar Trading Methodology. It is a very basic approach, not exactly as robust as I would teach in a class or seminar per se.
In this video, you will learn how to capture the best Day Trading ideas on a daily basis, especially on Gold (XAUUSD), and other high-volatility commodities. I hope you learn a thing or two from this though. Cheers!
- Adetola Freeman.
Nifty 50: Double Bottom Pattern & Price Channel InsightsNifty 50 Analysis - A Learning Opportunity
Let’s break down what’s happening in the chart:
1. Double Bottom Pattern
Do you see that "W" shape forming on the chart? That’s called a double bottom pattern. It’s one of the most reliable indicators that the market might reverse from a downtrend to an uptrend. This happens because the price tested a low point twice but couldn’t go lower, showing that buyers stepped in strongly.
2. Support Zone
The highlighted area on the chart is a support zone. Think of it as a safety net where the price tends to stop falling because buyers jump in. This zone has shown its importance before, so it’s no surprise that the market reversed here again.
3. Price Channel
Notice how the price is moving within that green channel? That’s an ascending price channel, which means the market is trending upwards in a structured way. The bottom line of the channel acts as support, while the top acts as resistance. It’s like a guide to understanding how the price might behave if the trend continues.
4. MACD Indicator
At the bottom, you’ll see the MACD (Moving Average Convergence Divergence) indicator. It’s showing signs of momentum improving. The lines are coming closer together, and if they cross upwards, it confirms the trend shift. It’s like getting a green light for the bullish move.
What Can We Learn From This?
1. Patterns Tell a Story
The double bottom pattern tells us that buyers are stepping up, and sellers are losing strength. Learning to recognize this pattern early can give you a head start in understanding market trends.
2. Support Zones Matter
Support zones are like battlefields where buyers and sellers fight for control. When the price bounces off a support zone, it shows that buyers are winning. These zones are great reference points for understanding market movements.
3. Channels Are Roadmaps
Price channels give structure to the market. The price tends to respect the channel boundaries, so understanding these can help you anticipate where the price might head next.
4. Indicators Confirm Trends
The MACD is like a second opinion—it helps confirm what the chart is already telling you. Watching for a crossover or changes in the histogram can give you confidence in your analysis.
Why This Matters
Understanding these patterns and indicators isn’t about predicting the future—it’s about reading what the market is telling us right now. It’s a way to build confidence in your ability to analyze charts and make informed decisions.
Keep practicing, and soon, identifying patterns, channels, and key zones will become second nature!
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For related trading ideas and educational posts, check out our profile @TraderRahulPal Let’s learn and grow together!