TRADING IS MY LIFE

 Can I earn assured Rs 20000-25000 per day from stock market via option trade with nominal risk? If yes, what should be my strategy and what initial amount would I require? You can earn Rs 20000-25000 per day with nominal risk of losing 10k if it is not your day. Let me explain the strategy. Open a trading account with unlimited brokerage or bullet trading like ICICI . I would prefer bullet trading options as you don’t need to pay zero brokerage if you are able close the trade in 5 mins. Strategy RSI +VWAP +SUPERTREND + 20 WMA + 36 period EMA + OI Pulse , NIFTY or BANKNIFTY options If the OI is bullish, you need to take trade at key support levels of RSI, When price touches Super Trend, VWAP. If the OI is Bearish, you need to take trade a key resistance levels of RSI , when touches from down side to Super Trend, VWAP, 36 EMA If the OI is Range, you need to take trade at price support and resistance levels with combination of RSI Also follow the OPEN==HIGH in NIFTY and BN Nifty of t...

 What is the use of indicators like RSI and MACD? A good question! RSI and MACD are the two popular momentum indicators in the trading community. RSI - The RSI calculates average price gains and losses over a given period of time. Usually, default time period is set to14 periods. RSI values are plotted on a scale from 0 to 100. MACD - The MACD is primarily used to gauge the strength of the stock price movement. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. The MACD measures the relationship between two EMAs, while the RSI measures price change in relation to recent price highs and lows. I have not explored much on MACD. However, I have studied RSI for many years. Hence, I will explain only RSI from a practical applic...

 Can I learn intraday trading directly instead of future trading or do we have to learn future trading first? Intraday trading and futures trading are two distinct trading strategies, and it is possible to learn and practice intraday trading directly without necessarily delving into futures trading. Both approaches have their own characteristics, risks, and requirements. Here's an overview of each: 1. Intraday Trading: Intraday trading, also known as day trading, involves buying and selling financial instruments (stocks, currencies, commodities, etc.) within the same trading day. Traders aim to profit from short-term price fluctuations and close all their positions before the market closes. Intraday traders typically rely on technical analysis, charts, and indicators to identify short-term trading opportunities. Example: Let's say you analyze the price chart of a particular stock and notice a short-term uptrend forming. Based on your analysis, you decide to buy the stock early ...

 What are the volume based trading indicators (other than VWAP)? In addition to VWAP (Volume Weighted Average Price), there are several other volume-based trading indicators that traders use to analyze and interpret volume data in the market. Here are a few examples: 1. On-Balance Volume (OBV): OBV is a popular volume indicator that measures cumulative buying and selling pressure in a security. It adds volume on up days and subtracts volume on down days, creating a cumulative line. Traders use OBV to identify divergences between volume and price, which can indicate potential trend reversals. 2. Volume Profile: Volume Profile is a graphical representation of the volume traded at different price levels over a specific period. It helps identify areas of high volume concentration, known as volume nodes, which can act as support or resistance levels. Traders use Volume Profile to analyze price levels where significant buying or selling activity has occurred. 3. Accumulation/Distribution...

 Why is gold considered a dangerous investment? Originally Answered: Why is gold not considered to be a good investment? Throughout the ages, gold has been a universal currency and a great store of value. It hasn’t really been an investment until recent times, in the same way the US$ isn’t really an investment today. But the reason why gold isn’t a great investment today is as follows… All the gold in the world is worth around US$7,500Bn. And it'd fit in a cube of 20m length. Now, gold has uses, but none that are significant except jewellery, so, big picture, it’s pretty useless. If you bought all the gold in the world for $7.5Tn after, say, 20 years, it’d be worth a little more than $7.5Tn (inflation and the global economy would push up the price). Now sure, I'm ignoring the speculative element, but you don't invest long-term in the expectation you will sell in a speculative bubble - you look at fundamentals. Note, you would get no dividend or yield on gold - in fact, you’...

 What is a supertrend indicator in trading, and how is it used? Different technical indicators are used by intraday traders to enter and exit transactions profitably. Moving averages, Fibonacci retracement, stochastic oscillators, Bollinger bands, the Relative Strength Index, and supertrend indicators are a few of the algorithms they employ. Among these, Olivier Seban's super trend indicator has gained popularity for its ability to help investors accurately identify trades (buy and sell). What is your opinion in this context, kindly tell us in the comments As the name signifies, the Supertrend Indicator shows the direction of price movement in a market that is trending or moving in a specific direction. Investors can see the trend represented on stock price charts, which are colored red for declining prices and green for advancing prices. Note: Finding the supertrend indicator, comprehending how it operates, and knowing when to apply it is all essential to effective trading. When v...

 How do traders assess the overall market sentiment and factor it into their strategies? Traders assess overall market sentiment by analyzing various indicators, news, and market factors. Here are ten examples of how traders assess market sentiment and incorporate it into their strategies, with hypothetical amounts in rupees: 1. Technical Analysis: A trader observes the market's price trends, chart patterns, and technical indicators to gauge the sentiment. They allocate Rs. 100,000 to take trades aligned with the prevailing bullish or bearish signals identified through technical analysis. 2. News Analysis: A trader closely follows news sources to stay updated on economic, political, and financial news. They allocate Rs. 150,000 to take positions based on their analysis of news sentiment, such as positive earnings reports or geopolitical developments. 3. Sentiment Indicators: A trader utilizes sentiment indicators, such as the CBOE Volatility Index (VIX) or put/call ratios, to asses...