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Feb 14 2022 I didn’t sleep whole night

 Time :7 am  I’m wiring this with early in the morning being awake for the entire night worrying about my future , last 3.5 months have been mostly like this since October 5.  My previous blog post was in July 2021 and writing this after almost 7 months. I feel I’m more toned down as a personality now  October 5 2021 - client went thru org change Tammy tookover the charge as poc for us. I had a bad meeting with client (mondelez) senior decision maker - hector . Hector newly took over this positions and he is hell bent on the moving ur contract to Accenture . I was worried after the meeting as my entire business case for director was evacuate of mondelez and suddenly my future looked bleak. This also accompanied with one of my key guy Vignesh resigning . I suddenly felt lonely with future bleak in job at the same time the algo which I was trying out and very hopeful was not giving expected result as the fix was continuously down previous 3 months. Whatever little money came as trading p
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My 1 Year plan - Written on 11 July

 Hi There Here i'm writing this on 11th July 2021, - Haven't introspected for long  about my future. But had a chance to think through today & yesterday about the journey so far and the direction that i'm taking towards achieving my goal has led to write this post.  Corporate work has been rewarding this year, was busy in work for most part of the last year bringing in good revenue for the team . Boss is happy and colleagues are appreciative about the work and i;m also promoted to Director. While the promotion is good, it also made me to think what next in this company. I have only 3 choices as this position / role is almost at the pinnacle of position what i could achieve as employee withing EY. After this,  A. I would need to take a role of Partner- which would require myself to take a long term commitment within the company - B. leave EY and settle in other company for higher salary probably.  C. Move to other EY firms outside of India and take up Sr Manager and stay
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18th March

Time: 8:50 AM  1.  Nifty #14721  2. Nifty Straddle  14700 ce - 96.7 14700 PE - 65.55 St Premium = 162.25 3. Overnight Fed has kept the interest rate unchanged which has led to rally across asian markets and all asian markets are up 4. Nifty expected to gap up - SGX Nifty is up by 177 at 14949 5. We will see how much is the overnight premium eating and the corresponding Nifty pot change and VIX change 6. Vix is at 20.16 5. Domestic cues are positive       
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Trading jounral: 6th Jan : Learnings

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My going in mindset for the trade on 6th Jan   1. Nifty was very upbeat with last 10 continuous days of uptrend (680 points up) and no reason to consolidate. 2. I was frustrated with the continuous upmove even without much of solid +ve news - Never go against the market which is flooded with liquidity 3. On 5th Jan -  nifty ran up 125 points on and closed at 14200 only 100 points below from my strike price of 14300 CE for 7th Jan - It seemed easy for NIfty to run up 100 points in 2 days  4. I was not able to sleep on 5th Jan as i feared my CE position will run into ITM and i was determined to do adjustments - but this time w/o giving away any money to market by moving to next expiry- I made 3 plans - (a) agressive adjustment - to sell 14000 PE in 7th and take out all money in the same expiry (b) sell PE and CE on next weekly expiry with 300 to 400 points distance (c) Move to monthly expiry or 21st Jan  I was also on weekly Connect call with my office team- So deviated attention  Series
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Dec 21 loss- Most stupid day of my loss

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  If one day if i can go back and rectify in my past that would 21st December and particularly 2:30 to 3:00 PM I'm not sure what has gone into my mind- its absolutely ridiculous and unbelievable how i reacted to the market drop I very well know that there is high probability that the market is going to crash, but yet i was not prepared to / rehearsed my actions when the market crashes You know that consolidating market is always dangerous and you knew that several times in the past market if it consolidates for longer duration it is more likely to break out - when you know that upmove and all the good news for which the market trended positive are factored in (stimulus bill) then you should know that crash is highly likely and you should have closed all positions or atleast reduced your position.  Not closing     
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Swing trading by Rayner Teo

 Swing trading is a trading methodology that seeks to capture a swing (or “one move”) in the markets. The idea is to endure as “little pain” as possible by exiting your trades before the opposing pressure comes in When the market is trending, it doesn’t go up in one straight line. Instead… It moves higher, pullback towards an area of value, and then continue trading higher. And where does the market retrace to? Possibly towards the Moving Average In a strong trending market, the price tends to pullback towards the 20MA. In a healthy trending, the price tends to pullback towards the 50MA. In a weak trend, the price tends to pullback towards the 100MA and beyond. Here’s how to do it: 1. Identify a range market (market condition) 2. Wait for the price to reach Support (area of value) 3. If the price reaches Support, then wait for a False Break (entry trigger) 4. Set your stop loss 1 ATR below the candle low and take profits before Resistance (stop loss and target profit)
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The ultimate guide to Price Action Trading - Rayner Teo

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Support – An area on the chart with potential buying pressure to push the price higher. Resistance - An area on the chart with potential selling pressure to push the price lower.  Role reversal If the price breaks below support, previous support becomes resistance. If the price breaks above resistance, previous resistance becomes support. Dynamic Support & Resistance Support & Resistance can also move along with price, which is called Dynamic Support & Resistance. Dynamic support occurs in an uptrend, and dynamic resistance in a downtrend. They can be identified using moving averages (I use 20 & 50 EMA). Impulse & Corrective moves Impulse move - "Longer leg" on the chart, which points towards the direction of the trend. Candlestick size is usually larger, signaling momentum behind the move. Corrective move - "Shorter" leg on the chart, which is against the current trend. Candlestick size is usually smaller because of traders taking profits, witho
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