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Ak Mentoring Day 2 Swing Trading: Starts at 7am

This document provides an agenda and rules for a day 2 swing trading mentorship session. The agenda covers various swing and intraday trading topics like picking stocks, avoiding false breakouts, using multiple time frames, risk management, sector analysis, and indicators. The rules emphasize that it takes time to become a good trader, to only ask relevant questions, and that the mentorship aims to make participants independent traders. It also notes that hardcore options strategies will not be covered."
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
73 views

Ak Mentoring Day 2 Swing Trading: Starts at 7am

This document provides an agenda and rules for a day 2 swing trading mentorship session. The agenda covers various swing and intraday trading topics like picking stocks, avoiding false breakouts, using multiple time frames, risk management, sector analysis, and indicators. The rules emphasize that it takes time to become a good trader, to only ask relevant questions, and that the mentorship aims to make participants independent traders. It also notes that hardcore options strategies will not be covered."
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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AK MENTORING

DAY 2 SWING
TRADING
STARTS AT 7AM
AGENDA
▸ -How to pick up stocks for both Intraday and -Price action
Swing -OI interpretation for Futures
-How working individuals need to pick trading style
▸ -How to avoid false breakouts and how they can make money
▸ -Which candlesticks work -Realistic % approach for trading and setting up
entry exit rules
▸ -Multi time frame analysis -Setting risk reward based on volatility
▸ -How to avoid analysis paralysis -Reversal and Breakout trading
-How to build your own system with reference points
▸ -Risk management hacks and how -Trading Journal
compounding can be achieved in trading -Trading psychology
-Managing index futures Intraday
▸ -Sectoral analysis
-Managing index futures Positional
▸ -Stop loss setting in the best possible -The only indicators you would need (5)
manner -Trading non FnO scrips
-Which paid and free softwares one can go for if one
▸ -Trailing Stop loss and efficient ways to use wishes to? 2
it HARCORE OPTIONS AS MENTIONED BEFORE WONT
BE COVERED
RULES
Now for 3 months from today all your Don’t rush in,we have ample of time. 3
Sundays will have some learning experience. months you will be under supervision so
relax,this is not like our single day webinars.

Language HinGLISH
We will use school methodology i.e. start
with very basics and slowly progress
ONLY those who would do the task assigned towards our ultimate aim of becoming a
regularly will see improvement. better trader.

DON’T expect miracles in a single day. It’s a DON’T expect to help you out in stuck
process and no one becomes a good trader in positions or buy or sell recos. Aim is to make
a single day. It takes TIME and DEVOTION. you independent.

3
RULES
In case of any power cut at our end,don’t Everything will be touched which was
worry in 5 mins we will be back with the help mentioned in the registration link like
of our backup. entry,exit,strategy,psychology etc and
everything which was not mentioned will not
be covered like option strategies,gann,Elliot
Make sure you have a backup of phone data etc. For that will plan separate webinars in
in case of power cut at your place. future.
Ample of time will be given to all so that you
DON’T ask irrelevant questions. can ask your questions so please don’t rush
in.

4
RAAZ
Trading cant be learnt in 3 months During the mentorship avoid NOISE and
chaos,your mind should be able to think
FREELY
40% of you MAY not become a good trader

Try to remain positive in all times. You


Going STEP by STEP is a better thing to do wouldn’t see any accomplished trader being
very negative

Perform the TASKS

5
“ WHY START WITH SMALL
CAP
▸ Confidence
▸ Practice
▸ Sustainable

6
“ STEP 1 BROKER
▸ Margin
▸ Square Off
▸ Style : Intraday or Swing
▸ Capital you have
▸ Segment : Cash Vs Options Vs
Futures

7
“ STEP 2 STYLE
▸ Intraday and Swing
▸ SELF EVALUATION:
Time commitment?
Pulse rate?
Your command on emotions?
Your AGE?
Your capital growth expectations?
Stress handling and love for thrill?
▸ Segment : Equity? Options? Futures?
STT & Ex TST 8
“ STEP 3 ORDER TYPE
▸ BO & CO ONLY if capital is below 2L
▸ Intraday MIS or NRML
▸ Swing NRML without MARGIN
▸ Order type = LIMIT
▸ AMOs for office goers

9
“ INDEX STEP BY STEP
▸ % constituent
▸ They don’t break their lows of first 30
mins OR they don’t break their high of
first 30mins
▸ Check Global cues in the MORNING :
DOW fut and DAX fut
▸ PCR

10
TIME TO
CHECK INDEX
TRADES NOW
1. H L

11
RULES 1

▸ Prev Day H & L


▸ Rule : Marking has to be done on prev day ONLY
▸ If entire day market was trending and closes day,day
low : We pick candle 3.10-15 avg (When 500 pt move)
▸ We hunt for PROPER candles and not casual
▸ If area tested again and again,either don’t trade or
trade with STRICT SL and be ready to take quick
contra views
12
RULES 2
▸ Mark BOTH wick and body for BETTER
confirmation
▸ If initial trade goes wrong, your SL hits and the
candle hitting it is a PROPER candle, make sure
you inverse it as 80% of times it will yield
profitable results.
▸ If massive action takes place in first candle and
then HL level is tested,high conviction contra
trade.
13
RULES 3

▸ If it spends more time after breakout or


breakdown, prefer to exit with lower
expectations.
▸ After experience,near SL also put 2 SLM
orders.
▸ Quantitates to increase ONLY with experience
and PERFECT match.
▸ RISKY after 2.00 pm
14
RULES 4

▸ ALERT when injection is formed


▸ If quick 100-200 move has happened,CAUTION
is advised
▸ 2 consecutive injection = exit & wait for
reversal
▸ 80% candle body above range=Better
▸ Always wait for 2nd candle for confirmation
15
TIME TO
CHECK INDEX
TRADES NOW
2. IFB
Index F Blast
16
RULES 1

▸ Use Fibo on PERFECT candles and not TINY


candles ( atleast 20 pts in open close range)
▸ Use 15 min time frame
▸ Touch the areas top to bottom
▸ Golden numbers
▸ You have to be quick as time frame is
big,judgement and execution comes with
experience. 17
RULES 2

▸ Stop is the immediate next level


▸ Bigger candle REJECTIONS give better
opportunities
▸ TGT 50-80 pts
▸ Ideally good for writers esp when confusion or
EXPIRY
▸ PLACE TGT in SYSTEM
18
“ UNDERSTANDING PCR
▸ % constituent
▸ They don’t break their lows of first 30
mins OR they don’t break their high of
first 30mins
▸ Check Global cues in the MORNING :
DOW fut and DAX fut
▸ PCR

19
“ UNDERSTANDING PCR
▸ Gauging sentiment indicator
▸ 1 is the main number : More than 1 =
higher puts are traded and less than
1= more calls are traded
▸ Most people make the mistake and
consider it from buyers side but we
should check from sellers side

20
“ UNDERSTANDING PCR
▸ Near resistance if it drops CAUTION
▸ Near support if rises BULLISH
▸ Falls from 1.1/2/6-1.8 CAUTION
▸ Rise from .5 to …. BULLISH
▸ 1 is DOJI,confusion state

21
1
FINAL ADD ON
26 S Index
RULES 1

▸ Best for pyramiding (Reverse averaging)


▸ AVOID AVERAGING
▸ When confluence for both,90% probability
▸ To identify the trend
▸ Be ROCK Solid with confluence, ATLEAST 2
should match
▸ On prev day unexpected events,be flexible &
use tiny trendline 23
MIXTURE

▸ High Low Prev Day


▸ Fib
▸ MA = Pet bharne wala Setup
▸ SL The F level or HL or MA which
ever is nearer
▸ If candle is huge,TGT less but if
candle is small 60-100 pts on card
24
MIXTURE

▸ Aim shouldn’t be to make all


trades profitable, aim should be to
keep losses under check.
▸ If you lack discipline,start small
with cover/bracket order.

25
1
SIMPLE
STRATEGY
RULES 1

▸ Just check prev Month


range
▸ Mark them via BODY
specifically
▸ Check for supp and Resis
▸ Hunt for high RR and
attack
▸ Hunt for a candle
breaking atleast 50-60%
27
RULES 2

▸ SL entry candle high or


level whichever is nearer
▸ Avg tgt 2-4%
▸ Hunt for RR 1:2 ATLEAST
▸ Best entry 3:10
▸ Hack : Hunt for top
gainer,loser and OI
buzzer
▸ AVOID crazy candles
(TOOOOOOOO big) 28
INTRADAY
TRADING IS JUST
10 % STRATEGY
STOCK PICKING
IS 40%
REST 50% IS RISK
MANAGEMENT,PSYC
HOLOGY AND
POSITION SIZING
PICKING STOCKS
FOR INTRADAY
TRADING
THIS IS HOW YOU
HAVE TO START
YOUR DAY
▪ Watch the global & domestic cues : Bloomberg quint,ET & MMB
▪ Check high probability pick ups from previous day watchlist (we
will discuss after this)
▪ Read at least 2 pages of something motivational or positive (not
related to market)
▪ Eat something healthy and do a lil bit of walking
▪ Don’t watch TV commentary or even telegram commentary 33
HOW TO CREATE
WATCHLIST
▸ Eliminate :
-Stocks below INR 70
-Stocks not listed in FnO
-Stocks with low volumes
-Stocks with big spreads
-Stocks in BAN period
-Mega volatile stocks
-Stocks highly recommended on social media by
EVERYONE
-Stocks with expected quarters
-Stocks directly influenced by BIG EVENTS on event days
-Stocks not responding crucial moving averages
-Stocks with on going cases/corporate governance issues 34
TRADE SETUP 1 :
LPR (Let the Profits
Run..)
▸ The power of 3
▸ RULES :
▸ Time frame 5 mins
▸ Our levels are ONLY 3-3
▸ Our levels should arrive :
Before 9:30: Very risky yet rewarding
Before 9:50 : Highest probability
Before 11:00: Little risky
35
▸ My preference goes to stocks moving out of range
after LONG period of time. Ex-
▸ My preference goes to VOLUME shockers on each
candles
▸ My preference goes to WADA PAV #Trick5
▸ 90% of the candle approx. should breach Level 3
with good vols
▸ A support with 3 candles/15 min candle on Zone 3
becomes my contra trade 36

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