Unofficed - Turtle
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​​​​​​​​​​​Right now my view is buying Adani ports.
​​​​​​​​​​​Having Adanient buy in just two accounts because they are running on wheel strategy. So will keep doing that irrespective of news.
​​​​​​​​​​​It was -3% when I posted. Now 3%. In between I got 4 DMs where I am suggested to short.
​​​​​​​​​​​I will follow my rules. Like I never listened to anyone else when I shorted. Won't listen to anyone when I am following wheel strategy
​​​​​​​​​​​Wheel Strategy wise if adani does not goto 0 in next 22 months I will be in profit at any means (provided it stays in FNO)
​​​​​​​​​​​Maruti entire old loss recovered and We're in profit now.
​​​​​​​​​​​Rolling Maruti.
​​​​​​​​​​​Tview Idea by Amit Ghosh: Turtle Wipro 370PE Short Idea - Short Wipro May 370 PE a 8.25
​​​​​​​​​​​Selling Maruti PEs.
​​​​​​​​​​​Closing Maruti PEs as that was the sole trade of Aug.
​​​​​​​​​​​Selling 10500CE of Maruti.
​​​​​​​​​​​Selling SBIN PEs.
​​​​​​​​​​​Will bet this september on the fact that markit will not fall unless it sees 20000 mark.
​​​​​​​​​​​Tview Idea by Amit Ghosh: Turtle Sell Adanient ATM Put Options - Sell Adanient 2500PE at 121.00

Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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​​​​​​​​​​​Closing SBI put options
​​​​​​​​​​​Selling COFORGE23SEP5400CE @ 33
​​​​​​​​​​​Will roll chola,reliance both now
​​​​​​​​​​​Tview Idea by Amit Ghosh: Turtle Sell Maruti 10800CE - Sell Maruti 10800CE at 165

Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======