Arjun Pillai

Momentum based Trader | Clean Charts based on Price and Volume | Mark & O'Neil inspired | Tweets are NOT recommendations.

[Arjun Pillai @arjunbpillai]

I have blown up 10 L trading capital thrice.

During the initial years of my trading journey, it definitely wasn't smooth sailing.

I've been investing for more than 10 years now.
Swing trading consistently for about 5 years.

Have tried everything under the sun.

Option buying, option selling, arbitrage, algo trading by building my own proprietary system, intraday on smaller timeframes, scalping and so on. Was profitable in some but not sustainable over a long period of time.

Accepted that many of these approaches simply didn't suit my psychology and the only way I learned that was by paying my tuition fee to the market.

I've had my share of ups and downs. There were periods when things didn't go my way, and losing a significant amount of money wasn't easy.

Even after all those losses, I would still find myself looking at charts, studying price action, and trying to understand what I could have done differently.
That kept me in the game.

Overtime, started refining on how I trade by maintaining and studying my own journal to figure where I could double down and where I could avoid or refine.

Fast forward to today, I manage my own capital of 8 figures for swing trading both Indian market and US markets.

It's been a year since I've been sharing my thoughts and charts on how I manage my trades, risk management, position sizing and everything that's actually valuable for swing trading.

I genuinely enjoy sharing my learnings as I know there are people out there who are exactly where I was few years ago trying different strategies, losing money struggling to figure what works and hoping they can someday become profitable.

My DMs are always open. Just over the past year, I've had conversations with many people who are just starting out or have been trading for a while but haven't been able to find consistency.

Some reach out to discuss their trades.
Some want to understand how they can refine their process.
Some simply want someone to talk to who has been through a similar journey.

I've always tried to make time for these conversations.

One of the things that genuinely makes me happy is seeing people who had initially approached me for help are doing very well for themselves out of which a few have even become close friends over time.

That to me, is far more meaningful than simply sharing charts.

I've always tried to share as much as I can here for free without selling courses or paid mentorship etc.

If anything I share helps even a handful of people navigate their trading journey a little better, I consider that meaningful.

I will continue posting and sharing my past experiences, mistakes and learning because seeing the impact it can have on people, whether they already have money or are just starting out, is probably the most rewarding part of all of this.

[Arjun Pillai @arjunbpillai]

The only reason is because I take my entries bases on Nifty 50 performance.

The ones who do, really need to reconsider what they are doing.

[Arjun Pillai @arjunbpillai]

Nifty 50 is falling down like there is no tomorrow.

The alpha gap between my PF and Nifty 50 is only increasing

[Arjun Pillai @arjunbpillai]

@iDavinderK You can do it with Fyers and Dhan too.

[Arjun Pillai @arjunbpillai]

Nifty 50 is falling down like there is no tomorrow.

The alpha gap between my PF and Nifty 50 is only increasing

[Arjun Pillai @arjunbpillai]

@SureshKBN https://t.co/eDSnCXHmQC

Moving as expected

[Arjun Pillai @arjunbpillai]

$OKTA

Gap sustained. EMAs follower.
Clean move towards the upside without any trouble.

[Arjun Pillai @arjunbpillai]

Aether Inds

Same/similar setup to SBCL. Tightness and consolidation on low volumes.

These are the names to keep your eyes peeled.

Taken a position here with 0.25% risk on PF. 13% size and less than 2% SL.

[Arjun Pillai @arjunbpillai]

SBCL

Love the way this is tightening up here. Volumes completely dried up.

3-4% SL below the 10 EMA. Taken a small 5% position here and will add onto it once it proves itself above previous day high.

[Arjun Pillai @arjunbpillai]

The real edge in trading is not in the indicators or strategy you use.

It's the ability to read price action.

[Arjun Pillai @arjunbpillai]

$PLTR

Moving smoothly as it should here.
$196 is a level of resistance, post that it should be a smooth sail.

[Arjun Pillai @arjunbpillai]

$MRVL

Long base formation and breakout with good volumes here.
Today was a follow through day and doing well.
Took an entry today with small risk and SL of 3% and size 12% here.

$PLTR
Took an entry at the open yesterday as it was opening gap up with merely 3% SL and 0.5% risk and 16% position size.

[Arjun Pillai @arjunbpillai]

$OKTA

Gap sustained. EMAs follower.
Clean move towards the upside without any trouble.

[Arjun Pillai @arjunbpillai]

$OKTA

There are few outliers like this one which is still doing good and showing good RS despite market getting hammered.

Now you all know, these kind of setups are my favorite where gaps are unfilled and sustained well with tight consolidation.

I'm not going to jump the gun here, but will try and look for a low risk entry and see how price behaves around the EMA.

[Arjun Pillai @arjunbpillai]

$BE

What a beautiful setup here. Clean chart with small base formation and tightness towards the right hand side of the pivot being formed.

Volumes completely drying up.

Low risk entry of 3% right below the 10 EMA.

[Arjun Pillai @arjunbpillai]

Will be an interesting day today in the US markets.

[Arjun Pillai @arjunbpillai]

Sona Coms

Result of tight consolidation and volume dry up.
No obstacles above this level. Free run.

Strong close and now the trade is risk free.

[Arjun Pillai @arjunbpillai]

Sona Coms

This is the monthly chart and look how beautiful this is.
Breakout and retest done here.

Weekly chart also looks great.
Daily looks even better.

[Arjun Pillai @arjunbpillai]

Sakar took out with small impact as it squatted.
Take all the losers out of your PF without a second thought and hold onto your winners.

Rest 4 positions going strong.

Supriya up by 7% today.

Sona Coms nearing ATH

Jash continues to hold it's ground and consolidating.

TFCILTD continue to form tightness. Either can go either way by the way it's behaving. Either 2% SL or 10% move.

[Arjun Pillai @arjunbpillai]

More or less done for the day.

All are 2-3% SL with good position size in each.
Almost fully invest.

Total 5 positions now.

Shut your system and go take a walk and come back near the end of the market session to see what your position has done.

Micro management will kill your gains.

[Arjun Pillai @arjunbpillai]

Supriya

With a beautiful move today.
Was a 3% risk and now 9% up from the buy point.
1:3 RR and the trade is risk free.

[Arjun Pillai @arjunbpillai]

Supriya

Moving smooth without any hiccups.

Longer the base, higher in the space.

[Arjun Pillai @arjunbpillai]

Supriya

Good closing by EOD today in Supriya.

3% risk and a 4% move is a good risk reward on the same day if you ask me.

[Arjun Pillai @arjunbpillai]

Jash Engg - Add to your winners.

Potential flag formation here. The entry was on just a 2% SL and 25% size.

Now the trade is risk free with 30% of size booked at 12% and rest holding with running profits.

Will size up if needed with no risk on the flag breakout.

[Arjun Pillai @arjunbpillai]

Jash Engg

Characteristics of a strong price action.

Gap up sustaining.
Failing to do a price correction after a single day big move.
Consolidation within a range.

[Arjun Pillai @arjunbpillai]

Jash Engg

Same concept as Acutaas https://t.co/we7Gy1Nlks

But this is much more powerful because of the gap up and sustaining that gap.
Buyers here are very strong from the get go.

For better understanding, look at it in the lower timeframe of 5 mins.

Squat, gap sustained with a consolidation and a strong pullback.
This is a strong price action behavior.

2% SL as day low. 0.5% risk and 25% position size.

[Arjun Pillai @arjunbpillai]

Sakar Health

Exited sakar with a small SL as it squats again.
Such stocks where shakeouts are easy to happen, I prefer to take it near the EMA.

For now I have 4 running positions and 2 are risk free. 2 are open risk.

Will get back to Sakar as I believe this is a strong one.

[Arjun Pillai @arjunbpillai]

Sakar Heathcare

Setting up really clean here again. Tight consolidation with base formation on low volumes.

These are the type of charts to chase where the price halts and continues to move up in a staggered way.

[Arjun Pillai @arjunbpillai]

@KWofWallStreet Lesser the better 🧘‍♀️

[Arjun Pillai @arjunbpillai]

I don’t trade with 6 monitors, 3 side desks, 2 MacBooks, a gaming chair.

I chart on a 7 year old PC which is working amazingly well and place trades from my phone.

Simplicity usually beats complexity.

[Arjun Pillai @arjunbpillai]

Sky Gold

Just because it has high Rvol. It's not necessary it will work in your favor.
If it's just one factor determining your entry then you have got it wrong.

There has to be multiple touchpoints where the price has to align with. Rest is your risk management.

[Arjun Pillai @arjunbpillai]

Sky Gold

Opening gap up. Choppy setup.

Such setups are best bought near the EMAs.