22 ideas from 2022.

The top 1% of ideas I encountered:

The Feynman Technique

Four steps to learn anything:

(1) Identify a topic
(2) Try to explain it to a child
(3) Study to fill in gaps
(4) Organize, convey, and review

True genius is the ability to simplify, not complicate.

Simple is beautiful.

Visualizing Time

1. Family time is limited—cherish it.

2. Friend time is limited—prioritize real ones.

3. Partner time is significant—never settle.

4. Children time is precious—be present.

5. Coworker time is significant—find energy.

6. Alone time is highest—love yourself.

Darkest Hour Friends

Most of your friends aren’t really your friends. They‘re just along for the ride when it’s fun or valuable.

The real ones are there for you when it’s neither—there for you in your darkest hour.

Treasure your Darkest Hour Friends.

Be one to someone else.

The Two-Day Rule

How to make new habits stick:

With whatever habit you're trying to build, never allow yourself to skip more than one day in a row.

Creates forward progress—but allows for the vagaries of life to enter without derailing momentum.

Dow Theory

Thread 🧵

Introduction- Dow Theory is named after Charles H Dow, the father of Technical Analysis. Dow Theory is very basic and more than 100 years old but remains Technical Analysis's foundation.

Charles H Dow(1851-1902), however, neither wrote a book nor published his complete theory on the market, but several followers and associates have published work based on his view from 255 Wall Street Journal editorials written by him.

The Dow Theory is made up of six basic principles. Let’s understand the principles of Dow Theory.

1. The Average Discount Everything

The market Price takes everything into consideration, all of the time. The value of the stock price, for example, reflects all investor sentiment –the hopes, fears, concerns, optimism, and pessimism – of all its participants.

How to save taxes on the trading profits for an individual

4 Legit ways to retain most of the trading income: 🧵

Collaborated with @AdityaTodmal

1. Divide your capital amongst your family members:

• Ensure they are not salaried employees as they might not be allowed to trade as per their employer's policy.

• Your family is your strength, not just emotionally, but financially too.

• E.g. your net taxable income works out to Rs. 50 lacs, as per the new tax regime, you are in the 30% tax bracket.

However, if you divide the capital amongst your family members in such a way that the net taxable income works out to Rs. 12.5 lacs per member (assuming 4).

This way the tax bracket gets shifted from 30% to 20%, clear saving of 10%

2. Expenses a trader can claim:

All the expenses directly related to the trading business can be claimed.

i) Rent Expense: If one has an office on rented premises, rent paid is a valid expense. However, you should have the rent receipts & rent agreement as valid proof.

Price Action trading is the ultimate form of trading. Dow Theory is of utmost importance when trading using Price Action.

Sharing these 6 Important Dow Theory lessons for free which is sold as a ₹40,000 course.

⬇️ A Thread 🧵

It is a technical framework which explains markets movements based on certain rules called the Tenets of dow theory

The 6 tenets are listed below: 👇

1. 3 TREND MARKET

a) Primary trends

• Main movements in the market

• Time frame is large (1yr or greater)

b) Secondary trends

• These trends are corrections in the primary trend

• Direction opposite to the primary trend

• Timeframe is small (few weeks to few months)

c) Minor trends

• Smallest and most insignificant trends

• Smallest time frame ( few hours to few days)

2. MARKET DISCOUNTS EVERYTHING

This tenet is essentially made around the fact that the price of a stock incorporates all the information (any events, results, ratios, earning potential, etc.) about the stock.

Even future events are discounted as risk

Diabetes!

India has 77 Milion Diabetics, second highest in the world!

Diabetes is a lifestyle disease that can be caused by many factors such as stress levels etc.

A thread🧵on what is diabetes,the types of diabetes and the lifestyle changes needed for diabetics

Lets go👇

🔸What is Diabetes?
As food is digested, it is broken down into glucose (also known as sugar), which provides energy and powers our cells.

Insulin, a hormone made in the pancreas, moves the glucose from the blood to the cells.

However, if there is not enough insulin or the insulin isn’t working properly,  then the glucose stays in the blood and causes blood sugar levels to rise. 

🔸There are 3 main types of Diabetes
Type 1, Type 2 and Gestational diabetes

🔸Risk factors
The most common form of diabetes is type 2.

Risk factors include 👇

🔸Symptoms of Diabetes
If you have any of the following diabetes symptoms, see your doctor about getting your blood sugar tested👇

Making the right decision at the right time is critical to success in life.

Here are 4 decision models used by 4 stalwarts - Jeff Bezos, Charlie Munger, Elon Musk and former US president Eisenhower.

A thread 🧵

1. Reversibility - Used by Jeff Bezos

Categorizes decisions based on whether they are reversible or irreversible

👉 Reversible - 2 way door: Can go back from decision with less/no cost
👉 Irreversible - 1 way door: If enter once, can't exit (Or the cost is very high)

👉 Reversible: decide quickly without perfect process. Dont take much time.
(This is not to be reckless though)

👉 Irreversible: Decide slowly and take as much information into account as possible

When Bezos was deciding to leave his job at DE Shaw to start Amazon, he thought that he could come back to job if Amazon doesn't work. So it was a reversible decision.

He decided to launch Amazon quickly. He got the first mover advantage and the rest is history!

2. Inversion - Charlie Munger

Instead of thinking what would make you successful, first see what would make you fail. Then remove those things.

If you are following a goal, first see what can kill it for you. Avoid that.

👉 Avoiding stupidity comes before seeking Brilliance

Reasons I love #neurology
1. 2022 is my 25th year in Neurology. I enjoy this subject many times more than 1998, when I entered this branch as a #resident at @OffCMCVellore I was dissuaded by many of my teachers to take up DM in another specialty but I stuck to Neurology
THREAD

2. Neurology is vast: If you love reading, there are several topics you can read. There are about 600 common #diseases in Neurology to read about. Newer diseases are being discovered, so there is no dearth of new topics to learn about.

3. History & physical examination are still the most important to arrive at a diagnosis. Whether it is epilepsy, migraine, stroke, Parkinson's disease or Alzheimer's disease, history & physical are more valuable than any investigations. MRI, EEG & EMG contribute but are not final

4. Each case and each patient is different. Same disease can have varied presentations and varied severity. So, even if you are seeing the 100th case of PD, #Alzheimers or #Epilepsy, there is something different, so, you never get bored, it keeps you interested in the subject.

5. Neurological diseases can affect any part of the body from head to toe and can present with symptoms of any organ system. So, as a Neurologist, we see the patient as a whole, and not "just a specific part of the patient's body"

From today onwards you’ll stop searching for Chartink Scanners Which will save you a lot of time and efforts for filtering….!

✅ Strong Momentum Stocks
✅ Donchian Scanner
✅ 3 Week Tight Range
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✅ And many more…….!

The most important thread 💯 🧵👇

(1) 5 Day Range Breakout

(2) New 52 Week Highest Close

(3) 3 Week Tight Closing Stocks

(4) Donchian Scanner