Click here to download the Cash Karo app: cashk.app.link/SOVEmBjFbJb
This video delves deep into scalping strategies for trading in the stock market, with a special focus on options trading. Sivakumar, founder of OI Pulse, shares his personal journey and the rules he's developed for successful scalping.
Here are the main points covered:
Scalping Defined: Scalping involves seizing quick opportunities in the market based on specific setups, rather than constant trading throughout the day.
Timeframes and Profit Management: Chandran suggests aiming to secure profits within 5 to 10 points and maintaining a risk-reward ratio of 1:1.
Stop Loss Strategies: He advises using the previous day's profit as a stop-loss or, if there's a loss, limiting it to 10% of deployed capital.
Trading Setup and Indicators: Chandran explains his preferred indicators like VWAP, Super Trend, WMA, and Parabolic S for making trading decisions.
Two Candle Theory: He introduces a strategy based on consecutive volume bars to spot potential market movements, especially useful in Bank Nifty and Nifty trading.
Trading Psychology: Chandran emphasizes the importance of confidence, timely execution, risk management, and detachment from trades.
Account Management: He recommends spreading capital across multiple accounts to reduce risks and handle broker issues effectively.
In essence, Chandran's insights offer valuable guidance for those interested in scalping, providing practical strategies, risk management techniques, and psychological advice crucial for success in options trading and scalping.
#JoshTalks #trading #stockmarket
________
Josh Talks passionately believes that a well-told story has the power to reshape attitudes, lives, and ultimately, the world. We are on a mission to find and showcase the best motivational stories from across India through documented videos and live events held all over the country. What started as a simple conference is now a fast-growing media platform covering the most innovative rags-to-riches success stories with speakers from every conceivable background, including entrepreneurship, women’s rights, public policy, sports, entertainment, and social initiatives. With 7 regional languages in our ambit, our stories and speakers echo one desire: to inspire action. Our goal is to unlock the potential of passionate young Indians from rural and urban areas by inspiring them to overcome the setbacks they face in their career and helping them discover their true calling in life.
►Josh Talks Facebook: / joshtalkslive
►Josh Talks Instagram: / joshtalkslive
►Josh Talks Twitter: / joshtalkslive
►Josh Talks is coming to your city: events.joshtalks.com
----**DISCLAIMER**----
All of the views and work outside the pretext of the video, of the speaker, are his/ her own and Josh Talks, by any means, does not support them directly or indirectly and neither is it liable for it. Viewers are requested to use their own discretion while viewing the content and focus on the entirety of the story rather than finding inferences in its parts. Josh Talks by any means, does not further or amplify any specific ideology or propaganda.