999
*incl. of Taxes
4.7 Rating
Intermediate- English
- 775 Learners
- Date: Jan 7, 2023
- Time: 03:00 PM
- Duration: 3 Hours
Introduction
Successful Intraday Trading demands clarity on 3 aspects - 1) Direction of the Price, 2) Magnitude of the Price, and 3) Entry/Exit Point.
If a person takes trades without clarity on these aspects, it means he is not trading; he is gambling.
This webinar aims to teach how to find the direction and magnitude using Open Interest (OI) and entry/exit points using Market Profile and Price Action concepts.
Open interest (OI) measures the number of open contracts for futures or options that have not been closed by an offsetting trade or fulfilled by delivery. Therefore, it serves as an indicator of liquidity in a particular market since higher open interest typically corresponds to increased liquidity.
Market Profile is a type of trading chart developed initially by professional trader Peter Steidlmayer in the 1980s. The chart's structure is based on a series of "time-based" horizontal letters (TPOs) representing daily trading activity. Market Profile charts provide an organized visual representation of trading activity that can help traders better understand their markets and make more informed decisions about when to enter and exit positions.
Objective of the Webinar-
- How to use Open Interest (OI) for intraday trading and scalping
- Market Profile concepts to find better entry and exit points
- To learn Price Acceptance and Price Rejection concepts as part of price action trading
- How to analyze the Market Sentiment of any stock or index
- Credit Spread options strategy to beat the margin requirements
Speaker
Indrazith Shantharaj
Indrazith Shantharaj has been a full-time intraday trader since 2016. He is the author of 7 best-selling books related to the stock market.
He takes trades using both discretionary and algo trading methods. He is a former IT professional and has over 12 years of experience. His articles can be found at www.profiletraders.in
Apart from trading, he spends his free time on travel and adventure.
What You Will Learn?
- In-depth knowledge of open interest
- How to take options buying intraday trades in stocks
- How to take scalping trades in Nifty and Banknifty
- How to improve straddle and strangle strategies
Materials to be shared with participants
The webinar attendees will have access to the presentation, which contains all the relevant information and insights. This will give the participants hands-on reference to the concepts and case studies discussed during the session.
Prerequisites
Primary chart reading skills, options basics
How to Participate
Step 1 : Click on ‘Book Your Seat !‘ button and book your seat for the webinar.
Step 2 : You will receive an email containing a link to join the webinar.
Step 3 : Click on the same link to join 15 minutes before the start of the webinar.
Step 4 : Checksystem requirements and do necessary configuration of your headphone/speaker and system volume.
*Exclusive webinars are not included in any of our webinar plans. Check out our webinar plans here.
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