SOP: Monthly Trade Selection Process

SOP: Monthly Trade Selection Process

Joel Kuriakose Joel Kuriakose

Joel Kuriakose

Talks about Personal Finance, Investing and Financial Planning

发布日期: 2024年6月6日
+ 关注

Objective:

To select a monthly trade based on chart analysis, open interest data, and option chain premiums to maximize profitability and minimize risk.

Key Steps:

  1. Chart Analysis:
  2. Open Interest Analysis:
  3. Option Chain Analysis:
  4. Trade Execution:
  5. Monitoring and Adjustment:

Cautionary Notes:

  • Ensure thorough analysis of charts, open interest, and option chain before finalizing the trade.
  • Monitor the trade regularly to assess its performance and make adjustments as needed.

Tips for Efficiency:

  • Use a systematic approach to analyze charts, open interest, and option chain to make informed decisions.
  • Consider the risk-reward ratio and probability of success when selecting trade levels.
  • Regularly review and update the trade based on market conditions to optimize profitability.


Link to Video:

https://www.dhirubhai.net/posts/lowrisktrader_selecting-monthly-trades-process-activity-7204355061844553728-4eP3?utm_source=share&utm_medium=member_desktop



The Compounder The Compounder

The Compounder

264 位关注者

订阅

要查看或添加评论，请登录

Joel Kuriakose的更多文章

  • How to get out of a policy you do not want to continue paying?
    2023年12月13日

    How to get out of a policy you do not want to continue paying?

    So a person came to me yesterday and shared a list of 4 insurance policies he had taken 2-3 years back. 1) So the first…

  • Trading Gives Consistent Profits (with Proof)
    2023年6月4日

    Trading Gives Consistent Profits (with Proof)

    Yes, I said it! I am a full time trader and most of the time, people who get to know what I do make statements like…

  • Options Trading Journal (May 5th)
    2023年5月7日

    Options Trading Journal (May 5th)

    Dear Trader I was able to enter weekly positions on April 28th (Friday) using NIFTY options. I thought I will share it…

  • How to place orders in Hedge Trades
    2022年11月4日

    How to place orders in Hedge Trades

    The biggest advantage of Hedged Trades is placing smaller amounts of capital to generate higher returns. This can only…

  • Increase your WIN probability in the stock market.
    2022年10月26日

    Increase your WIN probability in the stock market.

    Most of the traders in the stock market are doomed to fail. Why? It is because they enter trades which have less than…

  • The double barrel trade today
    2022年7月14日

    The double barrel trade today

    After yesterday's small loss it was crucial for me to have a decent day to keep my spirits alive heading to the…

  • The delayed emotional trade.
    2022年7月13日

    The delayed emotional trade.

    The market opened today with a gap up but failed to maintain these levels above 16,100 during the day. Was this…

  • Trading Options Journal
    2022年7月12日

    Trading Options Journal

    The markets opened today with a gap down closer to 16,100. This was more or less expected since US markets also were…

    1 条评论
  • Trading with 20k and getting 7% returns in one day.
    2022年6月21日

    Trading with 20k and getting 7% returns in one day.

    I heard a lot of people saying that trading in the stock market is only possible if you have large amounts to spare…

  • Choose the one for you.
    2022年6月14日

    Choose the one for you.

    Every investment is as unique as the person who makes it. A person selects, holds and ultimately exits an investment…

社区洞察

其他会员也浏览了