BC TRADING
Saved by @vsamk

A 17 point summary on my 2000+ days as a trader:

Wont take more than 10 minutes ! 🧵

 1. Market cycles
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it you’ll be way ahead of the curve.
2. History rhymes
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.
3. Time > Timing
Many people say that timing the mkt is very essential but according to me the more time you spend the more you get to know about mkt that jo course will teach you.
4. Survival
If you manage to survive for the next 3650 days in the market - trust me for the fact that you will definitely be a part of one commodity one bull and bear mkt. Its more valuable than any 1L INR course.
5. Essentiality of Money
Essentiality of Money is the vital point that no one talks about. Many talk about struggles in life but not many talk that in market only money will make you money
6. Life traits
Life traits are another aspect that is unheard. If you are a disciplined and sorted out in life you are better to succeed here as your thoughts are neutral and you accept your mistakes with humility.
7. Temperament
One here needs to have a crazy amount of composure and temperament. Without these 2 you will not make money - it won’t matter if you have 5000 or 5000 crore, if you don’t know how to handle DD you’re dead.
8. Risk management
Risk management is a very talked about subject hence not emphasizing here but with this you aren’t trading - youre just gambling.
9. View on Algos
Over the time market participants become fan of algos - in my 6 years Of little experience I’ve seen that over a period of time over exploitation or a strategy getting too crowded loses it’s edge. I’m a discretionary trader hence i can be biased.
10. Neutral vs Directional
Doesn’t matter whether the strategy is neutral or directional. Many asked me what is your style - i always reply i dont have a style, i trade what i see.
11. Beginners luck
In your initial months of trading and making money make sure that you give this aspect an overlook as someone market can be irrational for years and your couple of months success will make sure you’re kicked out easily.
12. Scalability
Always remember making 1cr to 10cr can be easy but making 100cr to 1000cr is pretty difficult as it’s all about scalability. Always remember less returns but more scalable model will always work in longer run than high return less scalable.
13. Glamour
In the Era of twitter you might see 20Yo claiming to make lacs per month, don’t worry it’s all about staying in the game for long. 8 year’s down the line you will see these getting out of the mkt and new set of kids coming in sharing their MTM journey.
14.Validation
As a trader you dont need social validation. If you are making 10k and someone else is making 20L that doesn’t imply that youre not a better trader. Its just about time and tested patience. Everybody starts from some where - stay there youll be there one day.
15. Training
Webinars are the most dissed about thing in India. Ask yourself- the one trolling people for taking webinar - are they actually teaching you anything ? Did you learn anything ?
Yes majority of this industry is fraud but if you don’t try you wont get your mentor
16. A good trader can be a good trainer, and vice versa. Keep aside the bias and one day you’ll end up getting the best and the last mentor.
17. Finally as a trader all i will say is no matter how much ever you scale through trading - you practically will not be able to beat returns of an ace investment thesis.
Keep both hand in hand - trader and systematically invest and stay in the market.
Happy trading happy learning ♥️

Follow us here - https://t.co/Mik9dqhL2E
If you liked what i wrote - do like this tweet.

https://t.co/UBIi26Bzjv

More from The Chartians

The Chartians
The Chartians
@chartians
Here is what YOU should know about BREAKOUTS before you lose money on them !

A free FAILED BREAKOUT analysis for you - 🧵


A technical analysis term, used to show a rise in a stock’s price above its resistance level (such as its previous high price) or drop below its support level (commonly the last lowest price.)


The assumption is that the stock will continue to move in the same direction following the breakout, which generates a buy or sell signal.

Trading breakouts is an excellent trading strategy that involves buying or selling an asset after a long period of consolidation.


However, the biggest risk of trading a breakout is when the price suddenly reverses, in what is known as a false breakout. In this report, we will look at what a false breakout is, how you can identify it, and how you can use it in the market.


Let's look at plenty of False Breakout Examples ⚡️
1. #INFIBEAM ⚡️
We saw a top out pattern, interesting part is the candle that gave a top was a heavy buying candle. No follow-up and stock is down nearly 30%.
ALL , TRADING TIPS
The Chartians
The Chartians
@chartians
Google sheets is used by almost 99% people in the world 🌎

Most people don’t know how to use it for TRADING and INVESTING purposes 📖

10 features everyone should know :

How you can use some secret features of Google Sheet and Google Finance in your trading together?

5 things that a trader should know and implement:

GOOGLEFINANCE(ticker, [attribute], [start_date], [end_date|num_days], [interval])

Above function is a basic one.

Let's decode each parameter in this:
1. Ticker: This is the symbol of the stock.

"NSE: RELIANCE" is the ticker for Reliance Industries


2. Attribute:
The attribute to fetch about ticker from Google Finance and is required if a date is specified.

Following data can be fetched:
-Open
-Close
-High
-Low
-Volume
-Market Cap
-Price (Ltp)
-52-week high
-52-week low
-Change in price

3. Start_Date (Optional): The start date when fetching historical data.

4. End_Date|Num_Days (O): The end date when fetching historical data, or the number of days from start_date for which to return data.

5. Interval (O): The frequency of returned data; either "D" or "W"
ALL
Advertisement
The Chartians
The Chartians
@chartians
If you are spending Rs 40-50k on research related to Trading/investing.

Hold on, these 7 tools/websites are absolutely free ::

A thread 🧵

1/ @tradingview :

TradingView is the best platform for doing chart analysis. Mobile app and software are also available which a user can use.
There are thousands of indicators and tools available for

2/ Chartink Screener:

It is the best screener that is available to scan and filter stocks out of 1000+ stocks. There are free screeners available and you can create your customized screener.
They also have a dashboard where you can add multiple

3/ Opstra:

This is a good platform especially for futures and options traders. They can analyze payoff of their position, probability of winning, max profit and max

4/ @screener_in :

Screener is one of the best platform to filter out stocks based on the various fundamental parameters. Investors shouldn't miss this and as it will help them in analyzing
ALL
The Chartians
The Chartians
@chartians
Took me 5 years to get the best Chartink scanners for Stock Market, but you’ll get it in 5 mminutes here ⏰

Do Share the above tweet 👆

These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.

https://t.co/JU0MJIbpRV

52 Week High
One of the classic scanners very you will get strong stocks to Bet on.

https://t.co/V69th0jwBr

Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout

Volume shocker
Volume spurt in a stock with massive X times
SCREENERS , ALL , CHARTLINK SCREENERS
The Chartians
The Chartians
@chartians
Option trading is tough but here’s what can make it easier for you

8 option strategies that you can use in any market (sold as a ₹ 50,000 course !)

1/ Bullish: Put Spread (Vertical Spread)

This means shorting a near OTM Put Options and buying far OTM Put Options to hedge.

Let's consider, I am bullish on Nifty (Spot: 17900).

So I will short 17800 PE and buy 17600 PE as hedge.

Payoff and other details is attached below.


2/ Bullish: Put Spread (Cross Calendar Spread)

It means shorting a near ATM put of current expiry and buying OTM put option of next expiry to reduce margin.

Let's consider, I am bullish on Nifty (Spot: 17900).

So I will short 17800 PE (22/09) and buy 17600 PE (29/09).


If you are unsure of the view then cross calendar spread can be used as profit is good in between the range.

Decay in the far OTM option for next expiry will be less than current expiry options so that will be again a benefit.

3/ Bearish: Call Spread (Vertical Spread)

This means shorting a near OTM Call Options and buying far OTM Call Options to hedge.

Let's consider, I am Bearish on Nifty (Spot: 17900).

So I will short 18000 CE and buy 18200 CE as hedge.

Payoff and other details is attached below.
ALL , OPTIONS

More from Trading

Dr. Ellie Lockhart is the protagonist
Dr. Ellie Lockhart is ...
@BootlegGirl
OK, I guess I have a thing to say about the stock market. I have done kind of what these Reddit folks are doing with it, in that I have invested in the stock market when I was not at all rich, using parts of my paycheck that it probably wasn't wise to risk. I don't now. (thread)

But, like, it worked out okay for me. I even shorted some stuff. I didn't coordinate with anyone or whatever, but I don't think on the individual level the stock market is *inherently* malicious. If you're privileged, you're going to be exposed to it (through 401ks, etc.)

And I don't think it's wrong for people to try to make money off of it outside of the 401k/retirement context that's socially normal, *especially* if they're desperate like I was. There *are* strategies that you can use that, while risky, aren't exactly like gambling

Like, gambling is risky in a different way. You are always working with a fairly consistent set of probabilities in gambling, and they're never in your favor (outside of grey area gambling like between friends, where you could hypothetically actually still card count)

Anyway, like, on shorts: I don't think they're evil. I think they're dangerous. For an individual, a short always carries a small risk of individual bankruptcy. There's USUALLY not even a huge upside to them; they're not mystical or magical, they're basically reverse "longs"
TRADING
Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

Everything to know about this strategy I'm posting in this thread.

(1/12)


Step 1: Stock Selection

1. For this strategy you're going to have to choose some stocks that you think will be doing well in the future/long term.

2. Stock must be in an uptrend.

3. Stock options should be liquid enough to trade in.

4. List of stocks attached

(2/12)


Step 2: Which option to sell?

1. Sell put at a support according to charts.

2. Sell put at a strike far away from the spot where you think the probability of the stock falling will be very very low.

3. Sell put at a price where you're willing to buy the stock at.

(3/12)


Step 3: What to do when in profit/loss?

1. If in profit you can just roll up the puts thereby increasing the ROI or shift to other stocks to make more profit.

2. If in loss take delivery of the shares equivalent to the lot size in cash market.

(4/12)

Step 4: What to do after taking the delivery?

1. Sell calls to lower your cost price of the stock. For eg, you took delivery of Reliance at 1900, sell 2100 CE which is about 10% away.

2. Keep doing this till your CE expires ITM and then give delivery of your stock away

(5/12)
TRADING , OPTIONS
Advertisement
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
There is no shortage of takes about what's going on with Gamestop (and other surging stocks), Robinhood and Reddit's r/wallstreetbets, many of them contradictory - at least on the face of them. But I think it's possible for most of these takes to be right. Here's how.

1/


First you need to understand the underlying mechanics of the story. Stock markets are fundamentally a way of making bets, including bets on the outcome of other peoples' bets, and bets on the outcomes of THOSE bets.

2/

All this complexity creates lots of exploitable opportunities. Some of these opportunities are considered legitimate and are given respectable names like "arbitrage." Others are considered illegitimate, and are called disreputable things like "stock manipulation."

3/

A hypothetical Martian observing all this through a telescope could not tell you which kinds of bets were honest and which were dishonest, because the difference isn't about any objective standard, but rather, about power.

4/

The strategies of powerful people are legit, while the strategies of their would-be dethroners are not legit. Sometimes, even outright frauds are OK if they're done by people with enough power.

5/
TRADING , STOCK MKT
Trader Abhishek
Trader Abhishek
@KillerTrader_
Introduction to imbalance charts (orderflow trading):

A 🧵

(1/n)

Orderflow charts essentially show the real time buying and selling happening in the markets.

In below chart, you can see how market sell orders are shown to the bid side and market buy orders are shown to the ask side.

(2/n)


Using this, one can identify big buying and selling happening at various prices.

Imbalance charts takes this one step forward. How so? Read on to find out.

(3/n)

Imbalance charts shows buying and selling imbalances at various price points. How does it matter?

Imbalance here implies to what extent is buying more than selling and vice versa.

(4/n)

Why is that important? As a trader, if we know that buying at a particular level is x times more than selling or vice versa, it would help us understand the strength of supply or demand coming into the market.

(5/n)
ALL , TRADING
Gurleen
Gurleen
@GurleenKaur_19
A Thread on~ O V E R T R A D I N G

Sitting and observing the numbers flicker on the screen might be very exciting.


But have you ever felt like you might've done better? Or you're just too tired of waiting that you punch an order right in?

That's a Bad Idea.

So, Let's understand the reasons behind it and try to find a way out.

1. Not having a trading plan makes you clueless.
Your impulses start to take control of you.

2. Having a trading plan; But still taking impulsive/ random trades.
Because of adrenaline rush or gambling instinct.

3. Revenge trading
When you try to force a trade in order to recover from a previous loss.
TRADING

You May Also Like

Steve
Steve
@braidedmanga
Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
FINANCE , ALL
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
AGAMA SHASTRA:THE SCIENCE BEHIND THE MARVELS OF HINDU ARCHITECTURE

Agama Shastra is a Sanskrit word that means the manual for worship, temple building, rituals etc in Hindu Tradition.From Sanskrit,agama means handed down by tradition and Shastra means a commentary or treatise.


Therefore, Agama Shastra is a collection of ideas that drafts the rules for worship, temple construction, spirituality and rituals. It has been a guideline for many Hindus from ancient times. It's a collection of Sanskrit, Tamil and Grantha scriptures that mostly contains...


...methods of temple construction, idol creation, philosophical doctrines and meditative practices. It came into being after years of assimiliation and from a variety of sources. Some parts of it are pre-vedic while some are post-vedic.


Hindu Temples are not just temples, they are the pride and identity of Hindus. They are the symbols of Hindu unity and their religious aspirations. Temples are the places of spiritual healing and are our connection with the creator almighty.


Temples are the priceless treasure of our History, Heritage ,Art & Architecture. Architecture that mesmerises and spell bounds you. And Agama Shastra is that very text which is responsible for such a mesmerising and spell binding quality and beauty of our Hindu Temples.
ALL
Advertisement
\u2745\u1710\u170b\u1713\u170e
❅ᜐᜋᜓᜎ...
@uglyluhan
First thread of the year because I have time during MCO. As requested, a thread on the gods and spirits of Malay folk religion. Some are indigenous, some are of Indian origin, some have Islamic


Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits

Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their


Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time

Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
RELIGION
Yoruba History - by NNP
Yoruba History - by NN...
@YorubaHistory
The Ife Primary Education Research Project (1970-1983).

aka

The Ife 6-Year Primary Project.


In 1970, as the Director of the Institute of Education of the then University of Ife (now Obafemi Awolowo University, Ile-Ife), later Dean Faculty of Education, Prof. Babs Fafunwa & his team embarked on one of the most groundbreaking research projects in education for Yorubaland.


The aim of the project was to test the hypothesis that the best instructional medium for good concept formation at a very tender age is the mother tongue.

This was bolstered by the observation that “of all the continents and peoples of the world, it is only in Africa…

…that formal education is offered in a language that is foreign to the child.”

So, Yoruba was to be used & tested as an exclusive medium of passing information or instructions to a set of pupils.

The project was based on the premise that:

(a). the child will benefit culturally, socially, linguistically & cognitively.

(b). the child’s command of English will be improved if he is taught English as an entirely separate subject by a specialist teacher through the 6 years.
ALL
Cole Escola
Cole Escola
@ColeEscola
If you know me, you know I don't like broadcasting details about my personal life on this website, but I have been getting asked why I'm not doing Christmas this year so I just wanna put this whole mess to bed. First of all, I don't agree with gay marriage... (1 of 4,625)

... full of dog food and she said, "I'm pretending this is ice cream! Treat me like a baby!" and proceeded to hump her own arm and I thought, "something tells me this isn't the real Norah Jones"... (117 of 4,625)

...cost me $7,000. I had to put it on two separate credit cards! It wasn't 'til I got to my car that I realized "that's way too expensive for one onion." But I didn't have time. Amanda Seyfried was begging to change my diaper... (1,001 of 4,625)

...another Christmas miracle. Mistletoe, stockings, sleigh bells, snow! All these things I have put up my ass. The taste of coffee... (2,974 of 4,625)

...I felt a *very* cold finger on my cheek and I turned around and I said, "Grandma?" and she goes, "Surprise, I'm alive and I work at Sears!" I said, "okay"... (3,047 of 4,625)
SOCIETY


Category Partner: Enkryptopedia