THREAD ABOUT HOW I USE BOLLINGER BAND SYSTEM:
LIKE ,RETWEET AND YOUR INPUTS HELPS
Basics:
Bollinger bands are used to determine whether the price are high or low on relative basis.Bollinger bands use 20sma and 2 standard deviation of it.
I use three setup combined with RSI
every single trade is random
most traders look at a chart and think:
"what will happen next?"
Instead :
"is price doing what my plan is "
once you understand that, you stop trying to predict every move.
Most trading strategies fall into just two categories:
• Trend Following(FOLLOW STRENGTH)
• Mean Reversion(FADE EXTREMES)
Know your condition. Apply the right logic in right phase
@niftywizard Anna Seen ur podcast with @kirubaakaran it's very good .
As Stock option are less crowded ,
I have some decent doubts about liquidity ,about taking delivery if options expires ITM,how to exit if there is huge gaps,close to expiry what to do
If possible clear this anna
Simplicity is the ultimate sophistication.
Most traders drown in indicators.
Stoic Traders execute one mechanical setup.
This is the Candle Swing Theory #CST
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I'll DM the PDF to everyone who executes.
🧵 I’m giving away the **exact playbook** that took me from 25L → 3 Crore + in < 4 years.
DM’d only to people who sent “playbook” , **last opened DM at 21K**.
Next batch drops at **25K**.
Want in?
✅ Follow
✅ RT this thread
✅ Reply “PLAYBOOK”
First 500 who do all 3 get the **“When to Make a Directional Bet” cheat-sheet** (worth $97).
Let’s break 25K tonight. 📈
#Srinivega
PS : Options Trading is injurious to free mind!