"OBVIOUSLY" TRADING STRATEGY! || Live Trading 10 Lakh ++ Profit

Summary

The video emphasizes the pitfalls of following obvious trading strategies and suggests focusing on less obvious, high-probability trades instead. It showcases a live trading example, explaining how to avoid common traps by using double or triple confirmations. The narrator highlights a successful trade, making significant profits through option selling rather than buying. The video also advises on the importance of mixing option buying and selling to enhance profitability. Lastly, it encourages viewers to learn from the strategy shared and apply it to improve their trading performance.

Takeaways

• 💼 Followed an obvious trading strategy and earned Rs 7 lakhs, closing the day at Rs 10,50,000.
• 📉 Many traders face losses because they follow obvious strategies like buying after resistance breaks or selling after support breaks.
• 🔍 Obvious strategies only work 2-3 times out of 10, causing losses most of the time.
• 🔄 High probability trading can be achieved by double or triple confirmations, or by trading against the obvious trap.
• 📈 Today’s trade included selling after a big candle breakdown and making Rs 4 lakhs from a head and shoulder pattern.
• 🤔 On eventful days with market uncertainty, technical analysis becomes less reliable.
• 💡 Selling at the top and buying at the bottom with double candle confirmation is preferred.
• 📊 Mixing option buying with option selling can turn the game in your favor, suggesting a 60% selling and 40% buying strategy.
• 💵 By option selling, Rs 7 lakhs profit was made today, instead of option buying which would have required more capital.
• 🔔 Importance of using a reliable broker and the benefits of directional option selling were emphasized, along with the necessity of double confirmations and avoiding obvious strategies.

Q & A

What is the 'obvious trading strategy' mentioned in the video?

The 'obvious trading strategy' involves actions like buying when resistance breaks, selling when support breaks, and reacting to patterns like head and shoulders. However, these obvious moves often lead to losses because they are predictable and frequently fail.

Why does the speaker believe that obvious trading strategies lead to losses?

The speaker believes that obvious trading strategies lead to losses because they are predictable and do not always work. The market often traps traders who follow these obvious patterns, resulting in losses more often than gains.

What approach does the speaker suggest instead of following obvious trading strategies?

The speaker suggests using double or triple confirmations to identify high-probability trades or trading the opposite of the obvious traps. This approach increases the chances of success by avoiding the common pitfalls of obvious strategies.

What examples of trades does the speaker provide in the video?

The speaker provides examples such as a breakdown move leading to a profitable sell trade, a head and shoulder pattern indicating a potential trap, and a trade based on an oversold area with a triangle breakout.

How did the speaker make a profit of Rs 7 lakhs?

The speaker made a profit of Rs 7 lakhs through option selling rather than option buying, which allowed them to benefit from premium decay in a choppy market.

What is the benefit of option selling according to the speaker?

According to the speaker, the benefit of option selling lies in its ability to profit from premium decay, especially in a choppy market. It also involves using more capital but provides a better risk-reward ratio compared to option buying.

What is ATR and why is it significant in trading?

ATR stands for Average True Range, which measures market volatility. A higher ATR indicates a larger range of price movements, which can affect trading decisions. The speaker mentions an increased ATR as an important factor in their trading strategy.

What advice does the speaker give to new traders?

The speaker advises new traders to mix option selling with option buying, focusing on double or triple confirmations for higher probability trades. They emphasize the importance of avoiding obvious strategies and learning from experienced traders.

How does the speaker suggest managing risk in option selling?

The speaker suggests managing risk in option selling by taking smaller stop losses and targeting larger profits, ensuring a favorable risk-reward ratio. They also emphasize the importance of using more capital in option selling for better outcomes.

What is the key takeaway from the speaker's message at the end of the video?

The key takeaway is to avoid obvious trading strategies and focus on learning and applying more sophisticated approaches. The speaker stresses the importance of minding one's own business and continuously improving one's trading skills.

Outlines

00:00

💡 Introduction to Obvious Trading Strategy

The speaker introduces an obvious trading strategy that helped earn Rs 7 lakhs, closing the day at Rs 10,50,000. He discusses common situations where traders face losses due to following obvious patterns like breaking support or resistance levels. He emphasizes the importance of finding high-probability trades through double or triple confirmations or trading against the obvious traps. The speaker promises to share a valuable bonus at the end of the video.

05:01

📉 Live Trading Example and Analysis

The speaker provides a live trading example where he made Rs 4 lakhs from a simple breakdown move. He explains his decision-making process, focusing on head and shoulder patterns, market events, and support levels. He highlights the importance of not following obvious patterns blindly and prefers entering trades with double candle confirmations. He shares his experience of making Rs 23 lakhs in a previous trade and discusses the benefits of option selling.

10:01

📊 Profit Analysis and Strategy Adjustment

The speaker reflects on the day's trades, noting the profit of Rs 7 lakhs from option selling. He explains the benefits of using more capital in option selling compared to option buying and the importance of managing stop losses. The speaker advises mixing option selling with buying to improve trading outcomes. He shares his verified trading account details, emphasizing transparency and the importance of learning from successful strategies.

📈 Final Thoughts and Bonus Advice

The speaker summarizes the day's trading, highlighting the profit of Rs 10,50,000 and the effectiveness of the obvious trading strategy. He encourages viewers to learn from his approach, emphasizing the importance of combining option selling with buying. He advises against focusing on others' profits and stresses the need for personal learning and improvement. The video concludes with a message to like, share, and subscribe for more trading insights and live sessions.

Keywords

💡Obvious Trading Strategy

This refers to commonly known and straightforward trading tactics such as buying at breakouts and selling at breakdowns. The video critiques these methods, suggesting they often lead to losses as they are predictable and overused. For instance, the video mentions, 'If the support breaks, sell it. If the resistance breaks, buy it.'

💡Head and Shoulders Pattern

A chart formation used in technical analysis to predict reversals in the market. It consists of three peaks: a higher peak between two lower peaks. The video discusses how this obvious pattern often leads traders into traps, as seen when the speaker mentions observing a head and shoulders breakout but considering it a potential trap.

💡Breakout

Occurs when the price moves outside a defined support or resistance level. The video explains how buying calls during breakouts is a common strategy but often results in losses. For example, 'If there is a breakout, buy a call. This is causing a loss.'

💡Support and Resistance Levels

Support levels are prices where a downtrend can be expected to pause due to a concentration of demand. Resistance levels are prices where a trend can pause due to a concentration of supply. The video discusses how trading around these levels can be tricky, as they are often not reliable indicators, e.g., 'I couldn't sell here because I can see that the market is sitting on an important support.'

💡Option Buying vs. Option Selling

Option buying involves purchasing the right to buy or sell an asset at a specific price. Option selling involves selling that right to another party. The video highlights how option selling can be more advantageous and less risky compared to option buying. For instance, 'We have made a profit of 7 lakhs by option selling instead of option buying.'

💡Double Confirmation

A trading strategy where multiple signals or indicators are used to confirm a trade decision. The video emphasizes using double, triple confirmations to increase the probability of successful trades, as in 'How to find out obvious things and convert it to high probability by double, triple confirmations.'

💡Trap

A market situation where traders are led to believe that a price movement will continue, but it reverses, leading to losses. The video suggests trading the opposite of obvious traps to be successful, as seen in 'If this becomes a trap, I will take a small long trade here in front of you.'

💡ATR (Average True Range)

A technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. The video discusses how the ATR has increased, indicating higher market volatility, e.g., 'ATR means average true range. So ATR has increased, guys.'

💡Theta Decay

Refers to the decline in the value of an option as it approaches its expiration date. The video mentions the importance of theta decay in options trading, as in 'Theta decay is at the peak. A dangerous theta decay is going to happen.'

💡Directional Option Selling

A strategy where the trader sells options based on the expected direction of the market. The video advocates for this approach as a way to improve trading success, for example, 'I think directional option selling is a very good thing.'

Highlights

Following an obvious trading strategy led to earning Rs 7 lakhs.

The day's overall profit closed at Rs 10,50,000.

Obvious trading strategies often result in losses because they are predictable.

Obvious strategies only succeed 2-3 times out of 10.

A different game should be played by finding high-probability trades through double or triple confirmations.

The video will demonstrate how to convert obvious trades into high-probability trades or trade the opposite trap.

An example trade made Rs 4 lakhs by selling at a breakdown move.

Events like election results create uncertainty and impact the market.

It is crucial to understand market conditions and avoid obvious trades on eventful days.

Trade setups need proper confirmation, like double candle confirmation, to increase reliability.

Options selling can be more profitable and safer than options buying in certain conditions.

Directional option selling is recommended for traders familiar with market movements.

Combining options buying with options selling can lead to a more balanced and profitable trading strategy.

On small range days, options selling can be beneficial due to premium decay.

Understanding and using Average True Range (ATR) can help in making better trading decisions.

Transcripts

Today, we followed an obvious trading strategy and earned Rs 7 lakhs.

Overall, we are closing the day at Rs 10,50,000.

What is this obvious trading strategy?

There are many situations.

We buy options daily. And we face a loss at the maximum time.

Why does this happen? Because you are doing obvious things.

If the support breaks, sell it.

If the resistance breaks, buy it.

If the head and shoulder is getting made, it was made today as well.

You will get to see many examples.

If there is a breakout, buy a call. This is causing a loss.

It's not that obvious things don't happen.

Obvious things are happening 2-3 times out of 10.

It's not happening 5-7 times.

So, why not play a different game?

In today's video, you will get to see an amazing thing.

How to find out obvious things and convert it to high probability

by double, triple confirmations.

Or trade its opposite trap.

So, it's going to be an amazing video.

And the most important bonus part is told at the end. Don't miss that.

So, stay for the bonus part. Watch the live trading. Learn the strategy.

Watch the bonus part.

Improve your psychology. See you at the end of the video.

Intro Music. This is today's trade. Here, we have made 4 lakh rupees.

That was a simple breakdown move.

When the market started to fall from here.

After the big candle, it breaks the whole zone.

So, here I made a sell trade.

I left before the big candle was over. So, this happened.

After that, I am seeing the market

is making a proper head and shoulder pattern.

You can see. This is obvious.

If I can see, you can also see.

This is not a normal day. How is it going now? There are events.

Election day result has come.

Now, the government is going to be formed. It hasn't been formed yet.

There is uncertainty in the market.

There is also certainty.

There are fundamentals in the market.

There are a lot of events in the market.

So, there is no technical surety.

And in the market, I have made 2 support levels here.

This is yesterday's high. Which was on Wednesday.

And this is Thursday's low on the day of expiry.

According to the body. Now, the market is stuck between the two.

I couldn't sell here.

Because I can see that the market is sitting on an important support.

I have to sell the market at the top.

See, selling at the top and buying at the bottom.

So, now I am seeing. Everyone can see that there is a head and shoulder breakout.

And if I get a reversal here.

That is, if this becomes a trap.

If this becomes a trap. I will take a small long trade here in front of you.

And we will hold that long trade.

And we will benefit from this obvious trading strategy.

Everyone can see that there is a head and shoulder breakout here.

Which is obvious.

So, obvious things can happen in the market.

3-4 times out of 10.

But most of the time, it is not obvious. That's why most people have a loss.

So, why not follow the unobvious.

I will prefer to enter on double candle.

For me, a confirmation of double candle will be very good.

So, we will wait.

Candle is not right to take this long trade.

Yesterday, I made a trade of Rs.23 lakhs.

You were live. Yesterday, I came live.

So, we met in the oversold area.

There was a triangle breakout in the oversold area.

If you remember, you must have joined me live.

So, this was the oversold area.

Where we had this triangle breakout.

And then we took a trade long. We did a hold.

It was easy. We didn't need double confirmation.

Now, it is giving a trap. It is going up.

So, a long trade can be taken.

Guys, what do we do now? Let's take a trade.

And let's execute this quantity. We sold.

We sold. Why did I sell?

I had a better plan to buy a call. When the market will break this level.

If the market goes sideways in this range.

I can see this range sideways.

So, what will happen? Because of going sideways, it will trap us.

What will be the problem? It will be a loss.

So, why to take a loss? While testing some concept.

I have to make a video on YouTube. And I have to test myself.

Is this a head and shoulder fake out?

Or will the market bore?

Because this is the obvious data. For all of the Indian market.

For retailer.

For big people. Small people. So, make the view bullish.

If it will give a little breakout.

Then the loss will be less. The hedge that I have taken is very weak.

And I have shorted in the money.

Why did I short in the money?

Because I won't get premium out of the money.

So, it is not a big deal. It will change very soon.

We will get movement very soon.

And stop loss is small. In option selling.

In option selling, there is no stop loss of Rs.70.

Target's potential is Rs.200.

So, there is a risk reward. Even if it goes sideways, it is in favor.

This premium has become a boom.

It will become normal. Okay, as I told you.

I increased the quantity a little more.

I felt that I can take this much risk.

To check this live concept.

It is going up now.

It didn't even come out of my sideways range box.

But see how much profit I have started giving.

Now it is possible. Take rejection.

Come down. Come up. Come down. Come up.

If I get a little premium here.

Then my work will be done.

How much loss? I was showing Rs.30,000-40,000. Trade is not on.

I have started showing a profit of Rs.90,000.

What is the maximum potential of trade? To give us profit.

What happens in option selling?

See. We have sold 6100 quantity. How much loss will it give?

That loss will give me a maximum of Rs.61,000.

How much profit will it give me? See. 6100 quantity.

Shot at Rs. 200. If we earn Rs.1500 in this. Then Rs. 9 lac.

Very big profit. Leave Rs. 9 Lac. I am ready to cut Rs. 5 Lac.

Selling at Rs.202. It has become Rs. 172.

Our green has hit Rs. 2 lakh. See. This is the benefit.

If we had bought option call. Then also there would have been a profit.

And I think. I won't use capital so much. Like in option selling.

We have used more capital. We have used Rs.30-40 lac.

In option buying. We would have used Rs. 5-10 lac.

So this much profit comes. Because we haven't gone out of this zone.

In this zone. Say anything. Say Antaryami. Say a very big trader.

Nobody knows. Everyone puts their technical bias.

Manages the stop loss target.

So this is the benefit. And trade like this.

If I was buying call.

Assume I am buying call at this current. Went up a little. It would have gone up.

If it comes inside by making this red candle.

So it won't give me such a big shock. Give me a call as big as the shock.

Now see. How sideways. He is making doji-oji.

He has made doji-oji. Premium is over. Peoples will get frustrated.

Look it here, profit is settled here only.

Benefit of option selling.

Okay. Please subcribe our channel. Click on notification button.

Many times I can come on live. Just I woke up late today.

I would not in mood to go live.

But sometime I woke up early.

You can see opportunity. I can't take this alone.

Many times I like to share this opportunity.

If you want to see me live

While I would come live you get the notification.

Pause the video and click on notification button.

Benefit of option selling.

The market didn't break the level.

But our premium.

We have done 50 rupees. We have done a premium of 50 rupees.

And many people had commented.

That on the day of expiry. Some brokers got hanged. Grow etc.

Had happened. Brother, I will put the link now. Zerodha's.

Open an account in this. Open from my link.

Later many live trades.

I will also provide you. I will also provide support.

So I will provide the link. Why not a better broker than Zerodha.

Go to 4 useless places. See how good.

On the day of expiry. On the day of election. On the day of exit poll.

He didn't hang for any day.

He has given us 4.5 lakhs profit. This is very good.

Again an amazing day for us.

On the day of expiry. Everything is difficult.

Buying and selling too.

But still in selling. It is a little less difficult.

What is gold doing over here.M My trade is already going on in gold.

I will show you my gold trade.

8, 9, 8. Around $100. Profit is also going on in this.

Right now the time is 2 pm.

One more hour.

All these premiums will get end.

Can you see this premium?

It won't be 0. It will be 0 above this level.

If it goes above this level. 900. Here is 900.

22,900. If the market goes above this. Then it will be zero.

I think directional option selling is a very good thing.

Directional option selling.

Those who know trading. Those who know trading.

Means those who do directional trade.

Those who buy call put.

If they buy option from super setup.

And start selling option from average setup.

The whole game will turn for you. Very important.

Strong advice for you.

You buy and sell call put daily. Do option selling on that.

And when super setups are made.

You think this is double, triple confirmations.

This has become a very strong trap.

That time you go for option buying.

Let's make it 60, 40. 60% selling. 40% buying.

he game will change guys. I promise.

Try it. This is my opinion.

Only buy trading is very risky.

So there were big profits and losses.

But then it all changed.

Everything has changed. I will discuss with you at the end of the video. As I said.

It is a sideways market. It is so boring.

I am feeling it clearly today.

It depends on which side of the table you are sitting.

Which side are you sitting?

Does it look boring?

Is it looking boring? 285,90. It has become 3 lakhs.

Is it looking boring? It is not looking boring. It is boring. There is money.

It is okay to feel bored.

A trade was entering here.

It is going to the loss.

It should have been a terrible loss.

But it is showing a loss of 1 lakh.

The problem is that it is also showing a loss.

The hedge will show.

t is good that some profits were made today. By keeping the profits in the list.

This trade can be held.

Straight fall came. It fell like water.

Then the loss will become big. It has become green again. Look.

It has become green at this level too. So this is the best thing.

Obviously trading strategy.

Will the market go up? Look here.

Look at this. One more example of obviously trading strategy.

Obviously it will go up. See. It entered.

The obvious. If it goes now. It is better.

Don't do the obvious.

Do the second obvious. Do the second confirmation or traps.

They say finish the premium.

They have finished the premium. Very good.

It is a very solid green candle.

And there is a high chance that the market will go up in a fast momentum.

I can already make a big profit here.

That's why I am not being greedy.

I have already earned a lot of money in 3 days.

Otherwise, I feel like buying a call.

But because I am inside a choppy zone.

And I don't want to take any loss. Like I will buy a call.

I will have to cut the loss.

That will also be of 2-3 lakhs.

Even if I use 5-6 lakhs.

So better sit tight. This choice has multiple benefits of selling.

On a small range day.

What a small range market. Can you see?

In the range of 100 rupees. The range would have increased by 100 rupees

But right now, ATR has increased.

ATR means the average true range has increased in the market.

Let's put an ATR indicator. You will see.

For a few days, ATR is.

See this. What is the ATR in normal time?

18 rupees. 18 in 5 minutes.

18, 23. Can you see? ATR has increased.

ATR has increased by 100 rupees.

ATR has increased by 50,000 rupees. ATR means average true range.

So ATR has increased, guys.

Over here. Great breakout. It's LTP is 0.

Theta decay is at the peak.

A dangerous theta decay is going to happen. And we have also got Delta.

So we will cover this as well.

We will cover at least 50 rupees more.

Very good, guys. The market is going up again.

And our profit has increased again.

It has gone below the premium 800. Very good.

So there is not much time left.

We should catch the momentum.

We have pulled a profit of 7 lakhs overall. Amazing.

We have crossed 10 lakhs even today.

What a day! So guys, I have made a very good video.

I have taken a safe trade while making the obvious trading strategy video.

And in the safe trade, we have made a profit of 4 lakhs

but we made profit of 7 lakhs by option selling instead of option buying.

This strategy is definitely going to be very useful for you.

Do tell me how did you like this strategy.

It will help all the new traders who only do option buying.

How to mix option selling, you got to learn in this video.

I think we can start booking profit. Let's start putting in premiums.

Wait, let's put 1800. As soon as the premium reaches 85.

Okay, let's put 1800. As soon as the premium what happened?

Yes, it happened. 80 came out.

If it comes to 80, one more premium will be deducted.

It will be deducted automatically.

Very good. We have made a profit of 7 lakhs

by following the obvious trading strategy.

We are closing the overall day at 10,50,000 rupees.

And you got to learn a lot today. There is a bonus part left.

I will tell you. Wait.

So guys, the bonus part I was telling you

that every time the day is different.

Option buying is different and option selling is different.

If you know how to identify the day.

So as I mix option selling and option buying,

I will put the statement of that account in the link of Sensible verified panel.

You click on it. You see it.

I am running this demo video here.

You can click like this.

You can see like this. It has been posted since last September.

There were some bad months of mine where you will see the loss January, February.

But I did a lot of improvement in March, April.

You will see it profitable.

Okay. So June has started now.

In June, because on the day of volatility,

the system is in a good trading account where I follow the whole system.

It does not take trade.

Now I will show you this account.

Now I come to this place.

I record. This is my account. What do I do in this?

Let's see from this financial year the data from today to today.

The amount of 10 lakhs today this account is a profit. It will join.

The amount of 10 lakhs today this account is a profit. It will join. It has not joined yet.

So if we see, I have not done a single trade.

Okay. There is equity.

I will take out the same risk on future and option.

See, I have not done a single trade.

Why not? Because there was no opportunity

to take a discretionary trade, big trade.

There was no reason.

In the market, because we were waiting for the election.

If you see, on 3rd June, this is completely clear.

I have not taken a single trade in this account before.

On 3rd June, on 4th June, which was yesterday,

profit of 4 lakhs, day after tomorrow, profit of 6 lakhs, on 3rd June,

profit of 4.17 lakhs, on 4th June,

and profit of 23 lakhs, which is 10557.

Many people were saying that this is an edit.

Why are you showing LTP 0? This is a glitch of zerodha.

Immediately, sometimes, there is a trade here.

I will open a kite here.

Immediately screenshot. I don't see.

I don't use my brain. I did this.

I immediately take a screenshot and put it.

So many people say that you have edited LTP 0.

This is live. I will refresh this too.

I will refresh.

I will bring it back on future and option.

Okay. Let's set the date range.

Let's set this one. Let's put 1st April.

Let's put 31st March.

Let's put like this.

Let's see that the same amount is coming. Okay. So, this is it.

After 3 o'clock, it will be verified.

So, I will also put the verified link of this account.

I have shown this year how many trades I did in this account.

Now, if you want to know the old one, I will also put the link of that account.

So, what did you learn?

Leave it. What do you get by seeing other's P&L money?

You don't get 1 rupee.

Have you seen P&L? See, he is showing 33 lakhs.

10 lakhs will be added. 10.5 lakhs will be added.

44 lakhs will be added in 4 days. What did you get?

You don't get anything by seeing someone's money.

If you can learn something from someone,

you can learn that and do something positive in your life.

So, this is my message that you got to learn in today's video.

Stop doing the obvious things. Okay.

Otherís profit and loss.

Because you shouldn't be happy or sad by seeing other's money.

Because you shouldn't be happy or sad by seeing other's money.

Because you don't get anything in profit

with your learning and your experience.

What did you learn?

How can I apply But this gossip, chat, talking nonsense,

it is taking you to a loser ground.

The one who criticizes gossips more. They are idiots.

Your whole life will end.

Anyways, you should focus on yourself.

The best business in the world is to mind your own business.

So, I want to finish this risky streak.

I want to earn 45 lakhs which is more than enough.

It is enough for today. I did my discretionary trading and won 100%.

When will I come back to do this trading?

I will see when the budget day comes.

The interim budget came.

The budget will come again.

Then we will plan something in this account.

Rest, from tomorrow, there will be regular account.

And what will be the trading in that? I will share that too.

Maybe I will come live and discuss it with you.

So guys, let's meet in another video.

If you like the video, like it.

Share it with your friends

who are interested in. It is very important.

I will come live and will do forex trading and option trading.

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All the best. See you in next video.