November 20, 2018
Algostudio 2.0 – Amibroker AutoTrading Bridge for Upstox API Users
Algostudio is a simple and clean user interface which is built on top of Upstox REST API with a large feature set, helping you to automate your quantitative trading who is looking to streamline their processes through automation and effective management of their day-to-day trading activities.
Algostudio converts amibroker trading signals to automated orders. It is a single interface where provisions are made to execute and monitor your trade positions at one single place.
Features of Algostudio
Supports Automated Trading.
Supports Bracket and Cover Orders.
Supports Place Order/Order Modification/Order Cancellation (Limit/Market/StopLoss/Bracket/Cover).
Close remaining positions from Amibro
Read more at https://www.marketcalls.in/algostudio/introduction-to-algostudio-2-0-amibroker-autotrading-bridge-for-upstox-api-users.html
Algostudio converts amibroker trading signals to automated orders. It is a single interface where provisions are made to execute and monitor your trade positions at one single place.
Features of Algostudio
Supports Automated Trading.
Supports Bracket and Cover Orders.
Supports Place Order/Order Modification/Order Cancellation (Limit/Market/StopLoss/Bracket/Cover).
Close remaining positions from Amibro
Read more at https://www.marketcalls.in/algostudio/introduction-to-algostudio-2-0-amibroker-autotrading-bridge-for-upstox-api-users.html
NIFTY futures 30 min charts
- on 2nd NOV, NF was around 10600
- today i.e. 20th NOV, NF is at 10665
- a net move of only 65 points in 18 days (calendar)
- extremely rangebound market
- this happens once in a while in every market and losses will be high as signals fail
- I am showing charts with different indicator settings
- today i.e. 20th NOV, NF is at 10665
- a net move of only 65 points in 18 days (calendar)
- extremely rangebound market
- this happens once in a while in every market and losses will be high as signals fail
- I am showing charts with different indicator settings
Market outlook
Daily charts:
- trend is up on daily charts
- today markets opened gap down
- NF closed 15 in negative at 10656
- AD was 5:13
- option writing support 10000 resistance 10800
- today was first day where OI in call was highest
- trend is up on daily charts
- today markets opened gap down
- NF closed 15 in negative at 10656
- AD was 5:13
- option writing support 10000 resistance 10800
- today was first day where OI in call was highest
The patterns don't make you a successful trader
The patterns themselves don't make you a successful trader. The moving average crossover doesn't make you a successful trader. The RSI, stochastic, ATR double-hitched backflip twist doesn't make you a successful trader. All these tools are just for your comfort – a way for you to feel in control and as such allow you to participate in the market. That's okay.
What makes you a successful trader is how much you win when you win and how much you lose when you lose. It won't matter what instrument you decide to use to trade. The same basic trading principle can be used in every market in the world – stocks, futures, commodities, ETF's and foreign exchange – and on every time frame from three-minute charts right through to weekly and monthly charts. The same expectancy will be required anywhere in order to be profitable.
Source: Successful stock trading by Nick Radge
What makes you a successful trader is how much you win when you win and how much you lose when you lose. It won't matter what instrument you decide to use to trade. The same basic trading principle can be used in every market in the world – stocks, futures, commodities, ETF's and foreign exchange – and on every time frame from three-minute charts right through to weekly and monthly charts. The same expectancy will be required anywhere in order to be profitable.
Source: Successful stock trading by Nick Radge
How to manage stress of positions in trading Q&A by @SubhadipNandy
Got an interesting question from a would-be student. He asked that whether I was holding 10k Reliance, i.e 20 lots. After I said yes his question was that he gets panicked with a single lot, so how do I handle the stress— Subhadip Nandy (@SubhadipNandy) November 19, 2018
November 19, 2018
Market outlook
Daily charts:
- trend is up on daily charts (from today)
- this is the first buy signal after the correction
- immediate SL/ swing low 10400
- AD was flat (slightly positive)
- expecting very strong resistance around 10900 levels and then 11000
- option writing support 10000
- trend is up on daily charts (from today)
- this is the first buy signal after the correction
- immediate SL/ swing low 10400
- AD was flat (slightly positive)
- expecting very strong resistance around 10900 levels and then 11000
- option writing support 10000
How to help others or save the world
No, do not join an NGO to save the world. Just take risks, start a business.https://t.co/VxH5qJ03XA pic.twitter.com/taRzkoCSfw— Nassim Nicholas Taleb (@nntaleb) September 4, 2017
November 18, 2018
Diary of an option trader @KatariyaPran
Professional Trading is a full time job- and full time includes after Market hours and Weekends.
You can only do it if you have a passion for it really enjoy it.
You can only do it if you have a passion for it really enjoy it.
There have been many blowouts with other Strategies too. Remember Jess Livermore? https://t.co/sVhi0Q7enQ— Pran Katariya (@KatariyaPran) November 18, 2018
Read more at https://twitter.com/KatariyaPran ... strongly recommended for option traders.
Scalping at its best
Scalping at its best pic.twitter.com/GjtPfrlm4t— KAUNfused CRAFTSman (@Amit_Gulecha) November 17, 2018
Optionsellers.com goes bust selling deep OTM options
@nntaleb ‘s theory gets vindicated yet again with https://t.co/0gLrnZXQGX going bust ! forget the jargon, the greeks, the probability of profit fundas, the fake safety of far otm strikes ... simply stay away from oversized naked options selling !— Umesh Ranglani (@umeshranglani) November 17, 2018
SHOCKING!— Nassim Nicholas Taleb (@nntaleb) November 17, 2018
These people https://t.co/PgG503ezXV who blew up were citing me and The Black Swan to propose ... selling TAIL options. Unbelievable. Exactly the opposite of what I write. pic.twitter.com/XBDoRs0Jya
1. https://t.co/9ZWSlKgjoT invested clients money only in Natural Gas CE. No diversification.— P R Sundar (@PRSundar64) November 17, 2018
2. They sold only CE, so it is directional bet.
3. Cold weather make Natural Gas price to move violently, so it is high risk.
4. Did not exit at right time. So no risk management.
(1/2)
November 17, 2018
November 16, 2018
Only the close matters
What markets do during the day is meaningless. Where markets end the day is all that matters. Don't get sucked in with intraday stops.— Peter Brandt (@PeterLBrandt) November 16, 2018
Expanding triangle on NIFTY hourly charts
- upper trendline is giving stiff resistance at higher levels
- in last 8-10 days, NF has not gained 100 points peak to peak.
- will lower trendline be tested once more?
- if yes, then correction possible to 10400 levels.
- in last 8-10 days, NF has not gained 100 points peak to peak.
- will lower trendline be tested once more?
- if yes, then correction possible to 10400 levels.
Market outlook
Daily charts:
- trend is down on daily charts
- today NF closed 0.6% in positive at 10682
- AD was negative at 7:10
- option writing support 10000
- trend is down on daily charts
- today NF closed 0.6% in positive at 10682
- AD was negative at 7:10
- option writing support 10000
S Gurumurthy' view on banking and economy are very scary
.@RBI Board member @sgurumurthy speaks ahead of crucial board meet, says liquidity problem could be handled if power to print currency was in Govt’s hands pic.twitter.com/us7dqGmyho— CNBC-TV18 (@CNBCTV18Live) November 15, 2018
November 15, 2018
Subscribe to:
Posts (Atom)