How To Master Options Trading: Scalping Explained | Scalper Siva | @OptionsScalping | Josh Talks
Josh Talks Josh Talks
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 Published On Apr 27, 2024

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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

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