incredible OI rise in YESBANK of over 22% and all shorters as of now losing money !!!
These are the scalps I am doing, will not lose more than 1.50 on a losing trade, will follow with Sl for 5-8 bucks
Not showing off, just to show how I am using my analysis to trade. No shorting in YESBANK now, major short trap in system
In this volatility , no need to trade large quantity as that can be suicidal . A single contract is enough, can be well managed and gives good money. A single contract has already given me 30k+ since morning
These are all system long trades, will share this method with webinar participants this weekend
ScalperX3 on a roll, caught last three long trades but no signal here
Now will either look at buy > 266 or around 254, provided system signal appears
this is the reason no longs here, STOPLOSS line ( red line) is now above price
The maniacal OI buildup now cooling off, though neither side getting out of positions, expecting congestion here before a next move develops. Stopping scalping YESBANK for next 15 mins
Looks like some more shorts being lured into YESBANK fut. Will buy > 259 SL 257.45 #scalping
OI now at day-high
OI continues to get piled ON, whichever side the move now starts should be a ripper. My system suggests longs > 259, will go with the trade
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This is where the first short was, then shorted more on the way down. Due to high vol, starting with 1 lot and then punching volumes if the trade goes in my favour. Else would have been out with SL on a single contract . High VIX --> different strategies
Seeing quite a few msgs on twitter how one bought stocks at 2008 high , stocks went down 80% and then they sold at 5x of buying price . Funny no one bought DLF , Unitech, Suzlon, Rcom etc . Don't jump into buy on this survivorship bias based stories
The amount of mutual fund money which flowed into the bourses based upon the #MutualFundsSahiHai slogan lifted all stocks . Such a liquidity flow might not be repeated in the future if the MFs now take a big hit .
If you want to buy for long term as an investor , wait for the PE ratios to drop further . Sharing a study which I did long ago , but the principles still hold true
This is the crux of all complicated option selling strategies . Nothing so simple can work across all market conditions .
This model has a problem . It's assumed that IV will mean revert , as it has done since 2015 . But what if the volatility regime changes ? IV is not a bounded indicator which has an upper and a lower ceiling. What if IV continues to go up ?
Volatility has 3 characteristics . Persistency , cyclicity and mean reversion .