How I Make Money with Swing trading | Swing Trading Strategy | Market Aur मैं - Ep.5 | Vijay Thakkar

Summary

In this engaging episode of 'Market aur Mai', Vijay Thakkar invites a subscriber, Nitin, to share his personal swing trading strategy. Nitin, a commerce graduate from a small village in Karnataka, has developed a unique swing trading method that combines technical analysis with fundamental insights. He shares his journey from a novice investor to a successful trader, revealing the techniques and setups he uses to achieve consistent profits in the stock market. Nitin explains his strategy in detail, including his use of moving averages and RSI, while illustrating his concepts with real trading examples and outcomes. The video is a comprehensive guide for those looking to venture into swing trading, emphasizing education, strategy, and disciplined trade execution.

Highlights

• Nitin transformed from a beginner to a proficient swing trader through self-learning. 📚
• His strategy avoids breakouts, instead focusing on buying stocks at retracement points. 🔄
• Utilizes moving averages (30 & 44 HMA) and RSI with custom settings to guide trade entries. 🛠️
• Shares a unique trading setup that has yielded substantial profits with disciplined application. 💹
• Nitin's use of automation and alerts helps him effectively manage trades while working full-time. ⚙️
• The video emphasizes education, revealing how Nitin refined his strategy over two years. ⏳
• Nitin shares real P&L statements giving credibility to his trading approach and success. 📑

Key Takeaways

• Nitin uses a combination of moving averages and RSI for swing trading, focusing on retracements rather than breakouts. 📈
• He emphasizes the importance of technical setups and uses a weekly timeframe to reduce noise. 🕒
• Nitin's strategy involves buying on retracements with a focus on high probability trades. 🎯
• His method includes setting stop-losses based on previous swing lows and targeting previous highs for profits. 📊
• Nitin has automated alerts for potential trades and uses Telegram for trade notifications. 🔔
• Despite his success, Nitin stresses the importance of discipline and continuous learning in trading. 🎓
• His approach to trading showcases how technical analysis, when applied correctly, can lead to consistent profits. 💰

Overview

Nitin’s journey into swing trading started when a friend introduced him to the stock market in the mid-2000s. After initial setbacks largely due to market crashes and lack of knowledge, he took a hiatus. Resuming in 2012, he pursued a path of self-education through quality content from YouTubers like Vijay Thakkar, refining his trading methods through experience.

His strategy revolves around using the weekly timeframe for trading to eliminate market noise. By employing moving averages and RSI with specific parameters, Nitin effectively identifies trade opportunities during retracements rather than breakouts. This method not only suits his schedule but aligns with his risk management techniques.

The success of this strategy is backed by automated alerts set up via Telegram, allowing Nitin to supervise his trades seamlessly while managing his day job. With real-world examples and genuine transparency in his results, Nitin’s story emphasizes the importance of honing a single effective trading strategy to achieve financial success.

Chapters

• 00:00 - 03:00: Introduction and Overview The introduction sets the stage for the content of the video, providing viewers with a preview of what they will see. The music sets a welcoming tone for the video, creating an engaging atmosphere for the audience. This segment is designed to capture attention and provide an overview of the key topics or themes that will be explored in the video.
• 03:00 - 06:00: Meet Nitin Hulaji In this chapter, Vijay Thakkar welcomes the audience to a new episode of 'Market aur Mai.' He introduces Nitin Ji, a subscriber of the show who will share his personal swing trading strategy along with the results from his accounts. This sets the stage for a special and insightful episode.
• 06:00 - 15:00: Nitin's Journey into Swing Trading In this chapter, Nitin shares his strategy for swing trading, detailing the methods he uses to decide when to buy and sell stocks. He emphasizes that watching the video from start to finish will provide a comprehensive understanding of his strategy, as he explains it clearly. Towards the end of the chapter, Nitin discusses three trading accounts, including his and his wife's, in which he applies his strategy, and shares the results from each account.
• 15:00 - 30:00: Nitin's Swing Trading Strategy Explained The chapter introduces Nitin's Swing Trading Strategy and invites viewers to verify Nitin's performance with a provided P&L link. The speaker emphasizes the importance of subscribing to their channel and encourages feedback on the strategy after watching the video. The chapter sets the stage for a detailed explanation of the strategy itself.
• 30:00 - 45:00: Example Trades and Portfolio Management In this episode of 'Market aur Mai,' host Vijay Thakkar welcomes guest Nitin Hulaji. The chapter opens with Vijay expressing gratitude to Nitin for joining the show, despite his busy schedule. The discussion is set to revolve around examples of trades and portfolio management practices, promising insights into effective market strategies. The friendly exchange sets a positive tone for the exploration of financial topics that follow.
• 45:00 - 55:00: Strategy Results and Viewer Invitation The chapter titled 'Strategy Results and Viewer Invitation' opens with a conversation about how productive the plans for the day have been. The participants express satisfaction and suggest that having more people like the speaker would be beneficial for the market, inferring the speaker's positive influence or impact. The text then transitions to a personal introduction. Nitin ji, one of the participants, shares that he is from Karnataka, specifically a small village called Belgaum. Belgaum is described as being located at the border of Goa, Maharashtra, and Karnataka, and having a population of about 5 lakhs. It is characterized as a decent city in terms of crowd, especially following Bangalore.

How I Make Money with Swing trading | Swing Trading Strategy | Market Aur मैं - Ep.5 | Vijay Thakkar Transcription

• 00:00 - 00:30 [Music] [Preview of the video]
• 00:30 - 01:00 Hello friends, I am Vijay Thakkar and And I welcome all of you to another episode of 'Market aur Mai.' [Music] Today's video is in our new episode of 'Market aur mai' is going to be very special, Why am I saying this because today Nitin ji is with us in the video, he is one of our subscribers and Nitin ji has told his personal swing trading strategy and not just the strategy, he has also told the results of his accounts,
• 01:00 - 01:30 what results he has got by following this strategy, now in this strategy what are some of the things he uses in order to buy, to sell, he has told all these things. Even you can say that if you have watched this video from start to end, then you will understand his complete strategy because Nitin ji has explained it very well and in the end of the video, He have three accounts—one his, one in his wife's name, and another account— where he apply this strategy, and he have shared the results of all three accounts with us.
• 01:30 - 02:00 And I have requested Nitin ji on that basis, he has also given his verified P&L link, so I have put it in the description below, you can go there and see, so now I will not waste much of your time. You guys must go and watch this strategy and you guys tell me how you guys liked this strategy. If you guys have not subscribed to our channel, then subscribe already because after watching this video you will probably forget it, so let's go to our today's video.
• 02:00 - 02:30 Hello friends, I am Vijay Thakkar and I welcome you all to our new episode of "Market aur Mai" and Today our guest is Nitin Hulaji ji. So welcome Nitin ji. Hello Vijay ji namaste. Welcome sir . Yes sir thank you for inviting me to come on your show. No sir thank you to you sir that you took out time to come with us in this video and it was very nice I know our follow up was going on, you do some work and you
• 02:30 - 03:00 remain busy in it, so we had planned for today, so it felt very good sir. If more people like you are created in the market, it will be very good for the people in the market. So Nitin ji, where are you from? Sir, I’m from Karnataka, from a small village called Belgaum, which is at the border of Goa, Maharashtra, and Karnataka. It is a small city like 5 lakh population city. It has decent crowd, after Bangalore it
• 03:00 - 03:30 is a third or fourth largest city. Nice Sir, so Goa must be closer to you. Yes, it is 100 kilometers, Goa is very near. Right. So sir, how did your journey start in the stock market, if you want to tell something about it and what do you do? Yes, Vijay ji, basically my introduction is that I belong to a middle class family and
• 03:30 - 04:00 my education is that I am a commerce graduate and the reason why I actually came into the market is that a friend introduced me in 2007-2008 that you open Demat account, although I had knowledge about the companies or about accounting and as I belong to sales, I work in a public limited company and look after the sales operations, so I know a little about the companies sales. And as a background, I am a commerce
• 04:00 - 04:30 graduate, so I also have a little knowledge of financials and I had done a little computer work during my college period, so I have some computer knowledge skills of programming and coding not advanced level but basics is known, it so happened that in 2008, one of my friends introduced me that you should open a demat account and we will give you tips, that is, you have to buy and
• 04:30 - 05:00 take, you do not have to do anything, you have to put money. We started it sir, initially as you say that beginner's luck, Back then, everyone was investing in IPOs, that whichever one you put money into would succeed. So then what happened, I had started with Rs 35000 capital in the beginning, I had used the capital in it. It increased a lot in just a few days, meaning it became something like 60-70 thousand within six months,
• 05:00 - 05:30 so I thought it was going very well, but what happened suddenly, I had no knowledge, I watched TV, watched the screen, whatever anyone told I used to take the same, suddenly, the Lehman Brothers crisis happened, and in one blow, the leverage they were providing wiped out all the capital. Oh. I had to stop trading for a few days. Because we didn’t know about the leverage we were taking, and all of a sudden,
• 05:30 - 06:00 with the market hitting a lower circuit in one day, we couldn’t understand what to do. So that time we lost all the capital. So, almost from there I left the trading. Then started my work and did nothing for two-three years, till 2012, when I came back, I thought that let's see the old stocks in my portfolio left.
• 06:00 - 06:30 I saw that after 3-4 years the remaining stock had increased, although the account was dormant, so I thought there was something in it, it is not that someone or the other will keep making money in the market and this is that if we learn it and do it properly then we can become good at it and move ahead. So I studied then we
• 06:30 - 07:00 later on, I learned from good YouTube channels like yours. I never bought anyone’s personal course, but I wanted to learn from quality YouTubers. And whatever good things are shared by quality YouTubers, I want to take those and implement them in my trading style. There are many such good people and also those who only show profits or show such things like car, bungalow and all.
• 07:00 - 07:30 But that is just their job to attract and that is to sell, but not all are same. I am your subscriber, that is, I watch your channel regularly, I watch your videos, I get a lot of learning from you. Thank you sir. What I learned from you is 'masters in one'— okay, 'masters in one'—that’s something I learned from you. Nice thank you. I learned different things from various YouTubers or mentors,
• 07:30 - 08:00 and by accumulating all these good things, I've tried to improve my trading style. Okay. So this is a similar journey sir. Okay, so sir, just like you told me that in the beginning you used to trade by listening to someone, then like you have also filled in the google form that right now you have a personal swing trading setup and you are doing better in that,
• 08:00 - 08:30 So, if you don't mind, sir, would you be willing to share your swing trading method or style with us? Yes, I would like to because if my trading style helps any of your subscribers learn something or take something useful from it—even if they don’t like everything, but find one good thing they can apply in their life—then I’d be happy to share it with you.
• 08:30 - 09:00 Okay sir, you tell me. Normally I only do swing trading and it does not mean that I do not have knowledge of option trading or something, I have knowledge in options also but it does not suit my trading style, because I am a working professional, so I have to pay attention to my work also, so I am not able to do it day to day, so
• 09:00 - 09:30 I have chosen my trading style according to my work, You have developed it. A little bit of investing, more of investing combined with swing trading and short-term trading You could say it’s a trading style of around 1-2 months, and whenever I have time or a holiday, I also do options trading. But it's very rare which is 1% or negligible.
• 09:30 - 10:00 I only took two trades in this financial year, okay. It is very nice to hear that you know what you should do, that is, to do a good job in the market, we should know what we should not do, you at least know this that is, when you are on the job then you do not have to do option trading. So, if you want to show something then you can share the screen sir. Yes, yes, I’ll share my screen. I normally have a small setup, sir,
• 10:00 - 10:30 which I always work on and believe that whatever probability there is in it, the maximum time its plus only, just want to say one thing that I too am not 100% correct, I also work on probability, no trader can be 100% perfect but whenever I take this trade or I keep in my mind, whenever you take a trade, there’s always a 50% accuracy,
• 10:30 - 11:00 just like if you toss a coin—there’s an equal probability of it landing on heads or tails. Similarly, whenever you take trade, there is a probability that it will go up or down, that is, if it goes up, you have won 50% probability but the remaining is 50%, how can you be right in that, then that is
• 11:00 - 11:30 How to reduce losing probability, for that you will have to use a little technical. Technical in the sense that 50% you are right, understand that The remaining 50% doesn’t necessarily mean you’ll be right; to get to 70 or 80%, you’ll need to develop your skills for that extra 20%. A little technically and also a little fundamentally. You will have to do a little bit accordingly, so my trading
• 11:30 - 12:00 setup is like this sir, normally if you look at the stocks, I avoid the breakout stocks a little bit, like today, consider this Infosys is on top, so I don't know, it can breakout here but can also come down so probability is 50-50, ok, so I see good company on bad days normally.
• 12:00 - 12:30 So Infosys is good company so when I am here ok then it is making higher high higher high So see if I enter here then my losing probability is here also if I have to come back at this price then I have to complete this much journey This time period of mine, from this period to that period, will be the best after that there will be profit Whenever I see if the stocks come down, if a good company comes down and there is
• 12:30 - 13:00 a retracement then I enter then what I look for is that it is possible that if it comes down then it can come down further then I look 3 confirmation. Firstly just to show, I have put the chart on weekly time frame. If you do monthly or weekly, then you will follow the trend well.
• 13:00 - 13:30 The smaller the time frame, it will confuse people. It will keep moving up and down. So for nose cancellation, you can enter in such stocks which is showing a clear trend in weekly time frame and monthly time frame. So my method is such that sir, I let the stocks go down a little, meaning if there is a downward trend in the stocks and it is showing a retracement, then I
• 13:30 - 14:00 have kept two moving averages, this is 30 and this is 44 moving average, so my method is that if any stock is coming down and cross the 30 moving average, then this is my first indicator that I'll look at these stocks first I will not take them and there is another method to buy that I will do double confirmation or triple confirmation in it. Like in any stock, three things
• 14:00 - 14:30 have to be seen - price, volume and strength in it. If all the three are present in it. Only then will the stock go up, otherwise the price alone will do nothing, if there is no strength in it, then how to find it out. So, look, price action is in its place, showing at what price point the stock is diverging or reversing. Then there's a resistance zone above and a support zone here.
• 14:30 - 15:00 So with this support zone, the probability increases that the stock will go up. Then that zone had gone above from here last time, firstly this come by learning. As we learn gradually, we will come to know by looking at the chart, so one option is that you can see that it is reversing from the previous support, it has crossed 30 SMA, then I use all the moving average.
• 15:00 - 15:30 I will tell you how to use it and you can also put SMA also. It is not much difference but my experience. I have experience. There is a setup which I have prepared in it HMA fits me perfectly. Okay, so what is this HMA sir? It's HULL moving average, you can also apply simple moving average, you can also apply EMA. So show me once how to put it. Well see, if you go to studies, here it is moving average.
• 15:30 - 16:00 Okay, moving average if you type in this. If we do this, then the moving average is 50. Okay I understood. Here if you put 200, then you will go here and in this you will select Hull. Hull Moving Average HULL. Yes. You can also apply exponential, you can also apply simple,
• 16:00 - 16:30 but the hull works exactly in my setup. That's why I use HULL moving average. I tried all of them but HULL is perfect for me. Yes, in your setup, there's a 30-day HULL Moving Average (HMA) applied on the price. 30 days HMA you can see it on the screen. And these is 44HMA, then it will appear So this will be applied above the price. And when this stock crosses the 30 HMA for the first time while falling,
• 16:30 - 17:00 that's the moment to keep an eye on it. You will not buy, you will keep an eye on it, you will not buy. Yes sir. I have understood this till now, tell me further sir. Now I will put MACD here for double confirmation and the setting of MACD is (21,3,9) This is the normal setting or have you changed it? No sir, you can change in it here, fast is 3 and 21 is slow and it's a average period of 9
• 17:00 - 17:30 So, this is the setting. It can be different even in the default setting, So you can see it, I use this because I also use this in the scanner. I will go ahead and tell you what it is. Okay sir. When I plot it in this
• 17:30 - 18:00 So I look for one thing: along with the price, I need at least 8 histograms to be formed below. This is the zero line and MACD convergence and divergence which happens. When it is made it should be made below the zero line of MACD. If it is made above then I am not much interested in it, like it is made here, I will not be interested. I want it to be made below, it has to be made below the zero line And this histogram can be of any number,
• 18:00 - 18:30 but there should be a minimum of 8 histograms formed below. So sir, here I have a question that if the bar which we call a histogram 8 should be formed below, but should they be green or red? It can be anything, meaning green is a strength in it. First the histogram will become red, when it has to be diverted then it will become green. Well meaning basically if there is a green candle then it will become green, if there is a red candle then it will become red. Yes. But in our method, whether they are green or red, the histogram bars should be below.
• 18:30 - 19:00 Yes, it should be down. 8 and above. It can be any number of 8, 10, 12, 15, So I can know with one eye how big the histogram is made, the deeper the swing will be. So this is OK weekly if we are seeing When 8 histograms are formed, and there should be a MACD crossover
• 19:00 - 19:30 along with the first green candle. Now look, it has crossed here, but the MACD hasn't crossed, so I won't make my entry. Because here a small red is formed when it will be properly crossed here and the first histogram green will be formed above then I will take entry in between these. In this two moving averages in the stock I'll enter. So sir right now this is the chart of weekly time frame and this will be closed on Friday, then my question to you is, if the histograms are closing on Monday, Tuesday or Wednesday,
• 19:30 - 20:00 but the histogram will be final on closing basis, then understand when should we take entry, should we wait for Friday's close or should we start making entry from the middle. Meaning if you can create an entry between these two and a confirmation when I take which is strength. From where will I get this Strength. This is from RSI then I will still not take it even if it is made I will not take it because I need a third confirmation.
• 20:00 - 20:30 If you want your setup to be perfect, then you trade only a little but do it well until it is made. Journey is big, okay, I want to show it. Okay, journey is big. To ride the journey, it needs to be in a perfect setup. Look at this it is RSI. I have taken the RSI of nine periods. Normally we write RSI of 14 periods, so you should take nine periods. In this RSI, I have plotted
• 20:30 - 21:00 the moving average of three days. This thin line, it is a 3 day moving average, black color in it is an RSI, and a red color, it is a weighted moving average. You will be able to see it on the screen WMA, so this a Moving average of 21 days.
• 21:00 - 21:30 And sir, sorry, I am interrupting you. Now, just understand, I have plotted the RSI on the chart, how do I add these two moving averages inside it? Okay, So you can do this: first, you set up the RSI. Okay you have typed the RSI here.
• 21:30 - 22:00 You will apply this RSI. Like, I have applied this, so let me show you right now. So I have applied RSI. We will set it up, we will make it of 9 period The default period is 14, I want nine. So I'll keep it black in color, okay. In this, it is a overbought and oversold zone, So I will make it 50-50.
• 22:00 - 22:30 Okay I understood. And in 50 you give some color, whatever colour you want to give We have to sell and you have to buy green if it is below it, then you give it a color, then it will become yours, now understand that it is made. So on top of this I also have to plot. Okay, this has become 92 because the first is already made, I will show it to you, then you will open RSI two or some other moving average will be placed, sorry,
• 22:30 - 23:00 you will go to this next, you will place moving average three. Here you put a moving average, here you put three periods, its color is green, you can make it green and on which RSI to plot it? RSI 2. OK. This is RSI one, RSI two. Right now, I have already created one, so to show you, I have plotted at two.
• 23:00 - 23:30 Meaning we are adding moving average. At the same time, we have to add RSI instead of price. I have to look at RSI. I have to look at strength that it is beating the strength or not, have to check that. Okay, and one more thing, we have to put another moving average which is of 21 days weighted moving average ok this you Not simple, weighted means what happens only today, understand
• 23:30 - 24:00 that if there are only two trades in a stock, today, first trade is done at Rs 100, second at Rs 150, then growth is seen 50%, but if it is weighted then only two stock is traded, then we do not have to see that. We have to see the price with volume. If it is coming in some stock and the strength in it is cutting it and going up, that means that the real strength is coming in that stock, then 21 days weighted average is very important and
• 24:00 - 24:30 should be given importance i.e. with volume and price, then when you make a combination of both and plot it, you have to plot it again at RSI 2 and you color it red. Understand that it will come like this, okay, this is made to show, this is yours. So I asked you this, sir, because I also did not know that we can plot the moving average on RSI also.
• 24:30 - 25:00 Yes, in reality, if you want price movement, then it is called RSI. RSI means strength, you can say relative strength index and price, Both of these are its 21-day weighted moving average, not the simple average. You can trade any stock for one day, two days, but if you look at its 21-day business, the volume with quantity, if the price is going above that, it means real strength is coming into it.
• 25:00 - 25:30 then we should see that it is 21 days. We understood your RSI setting Now you tell me, whenever you enter a trade, what is its complete plan? Okay, so how will I know when this thing will be made? The biggest thing is that when and how will this thing be made, so I use charting scanner in this. So, I have created some of my own alerts,
• 25:30 - 26:00 okay, I have coded it, meaning you can create a screener. So I have created my own rules, see this, NH means mix rules on 30 HMA So, I made a rule that when MACD crosses over, if the histogram that I told you, how many histograms should be made, 10 weekly histograms, I can also do 8 in our setting, then due to the condition that I have put in the scanner, you will get these
• 26:00 - 26:30 results, I alerted the scanners on the bot using IFT and from this I get messages directly on the bot on Telegram. Like this Telegram is there so whenever this condition is met, I get a message here. I understood. If I want to give you an example I got an alert
• 26:30 - 27:00 on 14th at 12:27 on 397 price so we will see in this stock what is it ok then see Sanghvi Movers Sir I will tell you. I'll repeat what you taught me now. Then first I will look at the price and the two moving averages above the price, then you have told me that, if the stock goes above the 30 Hull moving average,
• 27:00 - 27:30 then it should be in our watch list. Then that stock had almost gone up at the time of one Doji candle after that, which is the second moving average? Sir, the second moving average is our 44 HMA So, when the stock is between 30 and 44 Hull moving averages. Not above, no, you can do in the middle, our entry should be in the middle, but this same candle went above and in the middle simultaneously.
• 27:30 - 28:00 Yes, yes, so I got an alert here because this stock is of today its at 464, it is going on, somewhere herer an alert came, then 397 means look here, this price alert has come, 397. I understand, OK, And the second thing is that at that time, I should see its histogram also. That is, the histogram bars more than eight should be at the bottom, then it is visible that Right. It works more than that also.
• 28:00 - 28:30 Correct and after that you spoke about RSI Changing the normal setting of RSI and made it 9 And then a weightage of 21 was applied and another was of three days' moving average So here the RSI is also being crossed over, meaning It means that the 9 and 3 moving averages are both crossing the 21-day weighted average.
• 28:30 - 29:00 Yes, both price and strength together will cross the 21 weighted moving average. Then it will be activated here. It has also become positive. Yes, it has become positive. Sir, right, here, like your alert had come in the middle of your moving average, above the price, your alert would have come between the two and at the same time, your entry gets created there.
• 29:00 - 29:30 Yes sir, correct. So, if I explain it to you, it’s not that it will happen in just one setup. Look, this setup appeared in Sanghvi Movers, and you can see there are two more trades like this. Yes, Ganesh Housing. Let's see this also was the setup made. See, Ganesh Housing It was made in the last week itself.
• 29:30 - 30:00 Yes, it has been made here somewhere, it has come here, but if I needed confirmation, then we will make an entry somewhere here, above this it is not necessary that it can be made above this also, but these three things should be confirmed to us, Meaning your moving average above the price 30 and 44 Hull Moving Average. It's 30 and 44 right above the price? Yes, 30 and 44, so when the stock is in between those two moving averages, somewhere
• 30:00 - 30:30 there, our entry starts being made, because the stock is strong Yes, I was saying the same that once it comes in the middle of the moving average, after that our triple confirmation which is of histogram, MACD and RSI that we have to take. Yes. Right, now I have a question sir. Well, you told me the entry, now you
• 30:30 - 31:00 tell me during entry because I will ask you target later. For me, the most important thing is where should I place the stop loss, then where should I place it. Normally, I keep the stop loss below the swing, suppose if entry is made here then my stop loss is made below this. I understood, where it has consolidated and moved around. With our confirmation you keep the stop loss on its swing low. Best. Yes sir, actually with my experience, I avoid my stop loss,
• 31:00 - 31:30 i.e. I will not say that to new traders that they should avoid, but my conviction is that I see an opportunity that if it comes here also, then if it is below 5%, I will definitely average the stock once. Means when it comes near stop loss, then you average, If it is above 5% if it is possible, then or else I'll avoid. I will not generally suggest anyone to avoid srop loss.
• 31:30 - 32:00 Because you should always maintain the stop loss because if out of 10, 1-2 stop loss hits then no problem but your 80% accuracy will be maintained then you can give stoploss no problem Now sir I'll ask you a general question. In this, what’s the maximum and minimum percentage for the stop loss in a trade?
• 32:00 - 32:30 If I see, sir, there is a small swing. So here I would prefer more risk and reward, meaning if you talk about Sanghvi Movers. If you will see in this that the reward is more, yes, the reward is high. The reward is high, it means that the previous highs in the weekly are far away. Yes, yes. So even after this, my method is that it will not go one shot, it will go up and down
• 32:30 - 33:00 and spend some time to reach here, maybe it will go back from here or it will go after breaking out, I don't know, my journey is till here right now. Okay, I mean, I have just understood that your target is the previous swing high from where it had recently started falling down, so it means that it is visible in Sanghvi, from where the trade is being made and where its last high was long compared to Ganesh Housing.
• 33:00 - 33:30 Yes, if you see here then the reward. If you see from here, the reward is around 70-80%. So I will activate this trade. Okay and even after activating, I will not put full money, that is, I will put some money here and if it crosses it, then the rest of the money I'll put in it and I ride it.
• 33:30 - 34:00 There is also a method of riding it, sir, what I do our top gainers Which is the top gainer of today, if you understand, I have taken Sanghvi , took Infosys and have taken Ganesh Housing, okay by doing this suppose I have 20 stocks. So today I would have sold the top gainer at 10% if that has 3% above gain in today's portfolio's Then I will sell 3% like I can show you a photograph.
• 34:00 - 34:30 I will sell today means on today's day if that is above 3% today Okay just if you can see this. This is my portfolio today. This is the old screenshot I have taken to make you understand. Okay, so today understand that I have Solara in my portfolio and it is up at 8%. So here I will exit 20% quantity of 950.
• 34:30 - 35:00 Correct, it is double above from your calculation, it is double. So I will not exit the entire quantity, whatever available quantity I have, that 95 * 2 is somewhere around 180, 190, so I will exit 190 stocks from this If suppose it remained at 3 or 4%, I would have taken out around 95 stocks. Yes, So I'll go through the top 3 gainers of today, ranking them by percentage.
• 35:00 - 35:30 Okay. So it is not that they will just keep getting gain every day. So when they come down tomorrow? So I put the money I have taken out from them in today's loser. Suppose something is 3% and above So I'm not seeing any losers above 3% today; otherwise, I would have included them. For example: Understand that if it's down 3% today, I would add 10% more funds to it.
• 35:30 - 36:00 I understood meaning what you do swing in swing. You'll take 10% out from each of your top gainers above 3% and add that amount to your top losers that are down more than 3%. That means you are making another trade within one trade, sir. Yes, one trade within another trade, so I am like, Sir, I am not concerned with 3000 stocks, whatever
• 36:00 - 36:30 stock is in my portfolio, that 20 stock is my world, that is my share market. Sir, are you Gujarati or Marwari? No sir. Meaning you are letting the money work for you. The quality within you is that of the Gujarati Marwari people that you have put money to double use. Yes sir, if you have to make a CAGR, then you have to utilize your funds wisely, So today that will go up, will come back down tomorrow, when it comes down,
• 36:30 - 37:00 then we will take it back somewhere if it comes 3% so, its journey goes up and down, up and down Going 1%, okay, no one will do anything, if you suppose it has gone 5%. Will sell, some day it will happen that it will come below 3% also, like here it has come, so I will take it here, then there will be gain, then I will do this, it will make my CAGR good, sir. This is a very good thing, Sir, now this was very unique. But now you do me one thing sir, tell me any two good recent examples of yours which have gone well for you and
• 37:00 - 37:30 also tell one example which has failed. Yes means failed, yes If you remember any one example then. Yeah, it means we will also see how failures happen in this; that happens sometimes. Now we were looking at the stock, it was here now. These are all your alerts which comes at telegram.
• 37:30 - 38:00 So I mean different. Apart from this, we will see this stock it has not failed, it means that it is spending time somewhere, you will see that here, but I am still waiting for confirmation on this. Okay. You have started taking some entry in this. Yes, I have started taking some entries.
• 38:00 - 38:30 You will see this 3 stocks. Sanghvi Movers, Schaeffler and Ganesh Housing Right, so you are getting a perfect setup, according to me, if in this If I see anything wrong then I don't do it, like the moving average is not working properly or the histogram are not being made properly, or the price or strength are not showing properly, I want a clean setup, I want clean swing, then entry should be made in it.
• 38:30 - 39:00 Okay, so now sir, I will revise the entire method once again Through which I can also understand and our viewers can also understand. So the first thing is that you do swing trading and your time frame is weekly time frame. You do weekly time frame so that your noise gets reduced because you have noticed that the noise gets reduced in bigger time frames. Perfect, then what do you do? You do not buy on the breakout of whatever stock is there. When its
• 39:00 - 39:30 retracement happens at the time of its turn, then you try to enter it. Now you have used 3 things to do that, that is, you have placed 2 moving averages above the price. You have placed two hull moving averages. You told me how to apply it, One is 30 and the other is 44. So whenever the stock falls from top to bottom for the first time, after making a little base, 30 hull moving average
• 39:30 - 40:00 comes up a little, at that time you are alerted. Whatever is the name of your stock, you get an alert from the scanner made by you, it comes in the watch list, after that you see that the MACD, the histogram 8 bars should be down This is a confirmation for you on weekly basis and after that
• 40:00 - 40:30 you have used RSI as a strength indicator but in RSI you have changed your normal average to nine and then inside that you have added two moving averages, that is, one moving average is of 3 day and one weighted moving average of 21 days. Where there are two moving averages, 9 and 3 when it crosses the 21 moving average. Weightage moving average is given then you get confirmation of your strength also, right and when you got all this confirmation,
• 40:30 - 41:00 then first obviously you had created the position by looking at the moving average of the price and like that moving average crosses over above also, your strength increases further, then this is your entry, now you place stop loss that is previous swing low right and your target is the high of the fall
• 41:00 - 41:30 where that trend started falling that high is your target. And within it you make exits in between and also enter in some other stock. You also told about that but if I don't see that then your simple process is this. Yes, that's right sir. Yes sir tell. You say sir. I mean, what I used to do is that just now I saw 79% in trade
• 41:30 - 42:00 from here to there, so for you it's 70% but it is 100% for me sir. Yes, because you will hit entry in between. Yes ok, I have to go to 80%, but when I move it up and down, then when I reach here, I will make 100-120% return. Correct Sir, now I'll ask you a question, understand that if these
• 42:00 - 42:30 Sanghvi Movers in the coming five days goes up 3% every day, then you will sell 10% quantity everyday. Yes sir. So, it means that by the time it reaches the top, if it keeps moving up continuously, you might not even have any quantity left by the time it actually reaches the top. Few will be left. because what is it Sir, if I do it, it will also come down, so I will also add 10%, Okay, no, I am just asking this question because the question I
• 42:30 - 43:00 am asking is in such a way that I am asking whatever is coming in the minds of my viewers. Yes, not complete 100% will be over because I am buying it. And whatever stock is left with me, I am selling its 10%. I was just showing you. Yes tell me. You tell. Meaning I was telling you, if this stock is of 950, I am selling it tomorrow after Rs 950, if 190 stocks
• 43:00 - 43:30 are minus then I will sell the remaining quantity 10%. I understood. Meaning you are not exiting 10% of original, you are always calculating on what is left, So, sir, is there anything related to the strategy that you still have left to share with us? It is almost correct, this thing will come with a little practice, it will be a little difficult from day one, it will be sometimes difficult to recognize someone
• 43:30 - 44:00 whether it has strength or not, they will hurry if, say, we rush here, a scenario is forming, but it hasn’t crossed yet. then yes, here they didn't not exit so if someone bets early and takes entry, then he will have to wait for some time, then someone will come there. Well, even if you had taken it, there is a stop loss. Yes, the stop loss is there.
• 44:00 - 44:30 Right, if seen actually, it is a slightly higher version than swing trading because we are using the time frame weekly. Yes sir. Now sir, for how long have you been following this method? I have been following this for almost two years sir. Okay and earlier means I have also learned a little bit that I used to do wrong entry but now the perfect setup has been made so now I have done
• 44:30 - 45:00 a little bit of it as you say, Masters in one. Well, I want to become master in one in this. So I have done little mastery in it. Well, Sir, this is not my personal thought, I read a lot of things, so I read a quote by Bruce Lee that I'm not afraid of the fighter who comes to fight after practicing 10,000 different kicks; I'm afraid of the fighter who has practiced one kick 10,000 times.
• 45:00 - 45:30 His one kick can knock me down. So sir when we were recording this video, before that you told that you are following this strategy in your account, so can you show us the result, sir. Yes, I can show, sir. Okay. Sir I have 3 accounts. This is my zerodha account sir.
• 45:30 - 46:00 I will go to the report I can show you the current financial year. Okay. This is the current financial year. Sir see this. Sir, how much capital have you put in it? My capital in this is around Around 85K.
• 46:00 - 46:30 Sir, right now with profit you are saying Rs. 85K Yes Sir, yes, I actually started with Rs. 2-3 Lakh capital 2 years back. It was around Rs. 5 lakh in Corona period, so here you can see that also my capital, you can see that around January I had a holding of some 57-48. The capital was 50-57. If you see today, it is almost 86.
• 46:30 - 47:00 If you go back one year, it was very low. So sir, in this you obviously in this you also increased the capital by making profit but you also kept including capital in it, sometimes. I also kept adding it a little bit but more than the profit, I was looking at the report a small report if you will look at the current financial year. It is of 6 months. There are about 16-17 lakh added in this 85 and last year's it was 30 L.
• 47:00 - 47:30 One thing I am seeing is that you have only two days of red color and rest is green sir. Yes sir. if I'll show you my personal P&L, there are a lot of reds in it too, But I felt happy to see this thing from you and you are telling me that you are not doing this full time, you are also doing your job, As well as this is also going on.
• 47:30 - 48:00 Even though I don't trade in Laptop I trade it with phone. That too, sir, during the two hours in the afternoon that are lunch break time, I spend 15-20 minutes checking top losers and gainers. But for entries, I spend one hour in the evening studying it. Meaning you find stocks in Off market. Yes sir.
• 48:00 - 48:30 Right and which is the other account sir, I also have an account HDFC, there are three accounts sir, this is my wife's account, you can see. There is one red Oh, And that red is the same one showing in your account, I think. Yes sir, I have booked that little bit, you will see and this one. Yes, it's the same day, Yes. Right sir. Stocks where it did not work well, I removed it. I took stoploss.
• 48:30 - 49:00 Correct. Yes sir. I had any intention that after showing your P&L, I will not do that thing, Sir, I mean, if someone gets benefit from it, then I will definitely, I mean, I also did not want to show it, but you asked, that's why I did it. So I am always ready to share good things so that it can be used by someone. So this is also my account which is in plus. Which account is this?
• 49:00 - 49:30 This is my HDFC account, if you look here also you will see my portfolio or summary of Profit and loss, holding etc. Whatever is the holding of equity, then you can see that the market has fallen so much, still this portfolio is plus, here I have realised so much, so this is what sir. A small 31 Lakh portfolio.
• 49:30 - 50:00 Let me tell you the truth, Nitin ji, after seeing your portfolio and this method of yours, I am a little impressed and I am telling you sir that I will use this method for myself also. Because you know what is the main thing of this method instead of breakout, you are entering retracement point, where no one pays attention. The risk is less and the reward is more, sir.
• 50:00 - 50:30 That's very correct. Naturally also the risk is less and the reward is more Sir. Right sir, it was very nice to talk to you and I am really getting a very good feeling that Nitin ji is a subscriber of our channel and he is also doing very well in his life and sir, one question is coming in my mind that how did you develop this strategy? Meaning how much time does it took? It took me almost one to two years sir from 18-19th Covid period,
• 50:30 - 51:00 when I got time during Covid, I implemented many strategies and I almost take 80% of trade on this strategy. And rest I follow the remaining two strategies, but very rarely trade in it and make I only go for breakouts occasionally, but only when I have a lot of conviction but very rare. I manage to survive with it, sir. Well, now there is one question, suppose if a person has
• 51:00 - 51:30 a capital of Rs 1 lakh or Rs 5 lakh and he wants to follow your strategy, then in how many stocks should he divide that money in the beginning? What should be the number of shares in the portfolio in the beginning? Don’t put in more than 5% of your capital. I want to say maximum 20 stocks. Whatever you do with this, limit it to 20% of your capital. I would have stocked a little more because my strategy is different, it doesn't matter to me
• 51:30 - 52:00 how many stocks are there in my portfolio, I want to see the top gainers, which if you consider, my 10 out of 10. Now if it is above 3 % then I will sell all 10. And if it is 50 then I will also sell 50. Someone says me that how would you have manage 50 then it's nothing just apply filter, I have to sell the above stocks and put in filter.
• 52:00 - 52:30 Middle will go to the stagnant. The only focus is on entry and exit, remove everything else Have to take money everyday. Yes sir tell. I noticed one thing about you that you have designed all the things very well and everything's alerts are coming on your Telegram, meaning people download Telegram so that they can join other groups around the world and take advantage, but I noticed one thing, you have used Telegram in a correct way, which
• 52:30 - 53:00 I really want to tell you, till today I am also not doing it. Okay sir. Whenever you come to Mumbai or I come to your place, we will definitely meet in person and I want to sit with you and learn all this in a better way. Yes sir it's my pleasure sir. Definitely. No, look sir, let me tell you one thing, I created this channel and after that my intention was this. I thought that I should teach people whatever I know, right but it is not like that, only what I know exists in the world, many people know many things and
• 53:00 - 53:30 you are an example of that, so if you know something good. So we must learn that. I'm happy because you started this "Market aur Mai" series There will be many people like me who are doing good work in the market. They should also get a chance to show their good work. It is not my intention that profit will be made, I don't have any issue whether I will come to your channel or not, but you do good work,
• 53:30 - 54:00 I felt that those who want to make money in shortcuts, want to do this, then money will not be made in shortcuts, you will have to put in some time. And once you fix your timing and create a solid setup, the market will reward you greatly. The market will give you green and green. And you are not just speaking, you are showing, you have shown it.
• 54:00 - 54:30 And that is very good sir. So thank you very much sir. it was a pleasure to talk to you, if I ever get a chance, if you come to Mumbai then you must come to our office, we will make a good video again in a good quality, it will be more fun, thank you sir, it was a lot of fun. Thank you, I am also very happy to meet you. Thank you. So, you guys have seen how this swing trading strategy of Nitin ji is. You guys must tell in the comments and yes, I will definitely suggest you guys
• 54:30 - 55:00 to watch this video two to three times so that you people can understand all the things properly because here Nitin ji has not hidden anything, he has explained completely properly, how he buys a stock, how he sets the stop loss, where he decides the target and exit and also other things which he told, you guys saw in the video. That's it, this was our today's video. If you guys liked our today's video, then you must like the video and if you guys also have some strategy
• 55:00 - 55:30 which you have been following for many years and you are profitable. Then I'll give the google form of "Market aur Mai" in the description You can go and fill your details then maybe you can also come in our next video if your method is good and if you are ready to show it to the world. Then this was our today's video. Do like our video. I get motivation from your likes to make such videos and if you people have felt
• 55:30 - 56:00 that Nitin ji's method is very good, if you want to share it with your friends then do share it and if you have not yet subscribed to our channel then do subscribe, here you will get similar videos, I'll meet you like this next time. Until then, bye-bye! [Music]