Dear mudraa friends,I strongly believe that option is one of the way to provide an opprtunity to become wealthy,if we can able to remove the whipsawas/odds.Nitin sir has started option trading thread for us.After reading the thread of Nitin sir I have an idea that why we are not going to start a thread with the help of some top most ,successfull friends of our mudraa team who are expert in their field(Fundamental.technical,level giving etc..)
Shri Nitin ji-Master of open interest interpretation
Shri P.T.Sir-3/13 EMA
Shri Sudheer ji-8/34 EMA(30Minute)
Shri Hemant Sir-Master of entry/exit level
Shri Vimalji-Master of chart
Shri Gireesh ji-Master of new concepts(technical)
Shri Paresh Sir-Master of option calls
Shri C.Natarajanji-Great contribution in CE/PE
Some websites-Which can provide us the data like Long Buildup,Short build up,Highest Open interest etc...
& other friends who are giving best to mudraa like Ayanji,Leenaji,Subbuji,Tanyaji,Shivprasadji,Shyamsunderji,Kushalji,Nirajji,Jagdishji & others(Please forgive me if I forget the name of other contributers)
Why we are not going to start a thread in which we can filter the stock by following simple rules.
1.Prepare a list of stock which is in Long Build up(Readily available in website)
2.Check the stocks in 3/13 EMA & in 8/34 EMA(This is for nifty but for instant breakout it is useful)
3.Prepare a list which is in uptrend
4. Check the stocks of above list with "Stock option with highest open interest"(This is also readily available)
5. We will have a final list for trading.Now,use the levels for entry /exit(Cash levels)
( Hemantji) .
I think,this is the best way to remove odds/hurdles & there is much more opportunity to be success.
The main difference between success & failure is nothing but different of whipsaws.
I am mad behind option trading.My only aim is to be a successfull option trader.
Is it practically possible?Jay SaiRam.
We can also trade in put with the help of Short build up list.