Initially, I had no proper trading plan.
Risk and rewards were not defined.
even when I tried to make a plan, I couldn't stick to it due to 2nd guessing and ended up making losses.
Overtrading and oversize are normal for traders without plan.
'Squeezing the last drop of profit is the sure recipe to get rekt'
I tried to buy oversold stocks and sell overbought stocks..
ended up making losses
In trading, momentum is our friend, Try to be in the direction of trend.
I bought #Adanient at INR 510
I sold few days later after a 10% gain
Current price: INR 1500
I was in a rush to take profits, so I missed out on HUGE upside
If the opportunity is huge, hold!
I've made this mistake over and over again
I didn't buy Adani stocks at last year because the prices were high
Current price: Higher
In trading, Buy high sell higher is a better strategy than buying low selling high.
I saw some videos trading in 1 minute / 3 minutes candle and got influenced.
In starting it worked also but later after doing overtrading and making losses
you get to know that
trading in very small tfs is just speculation, not trading.
This is the best recipe to get rekt as early asap.
I remember once i bought #Idea on some news and the next day it tumbled as hell as the news was fake.
trading on rumors without proper risk management will surely incur losses.
I used to make many trades with small stops contrary to the bigger trend and made loss
no one can win in the market for long against the trend.
the trend is our friend.
Avoiding is best policy when unsure about direction.
I have a bad habit of comparing myself against other successful traders
but, if other traders are doing better than me, SO WHAT?? That doesn't matter!
What matters is how I am doing compared to my last year!
Comparison is the thief of joy
This is a common practice which almost every newbie does.
After making a big profit, I used to get overconfident and make aggressive bets the next day which lead to a bigger loss which is out of the plan.
this hppns with many.
We have a habit of learning trading lessons the hard way and slowly
I can't guarantee that I'll not repeat some of these mistakes again (especially the "selling winner early" mistake)
What can I say - I'm human and We all are human.
More from ✨Anshika Sharma
But many of them we know but ignore
some of them don't grab financial headlines
Here are 10 low-risk, high return stocks (that we ignore):
What I mean by “high-return”?
These stocks have OUTPERFORMED the market:
💹Chart with upwards trend Since IPO
💹Chart with upwards trend Over the last 5 Years or since IPO
These are all long-term winners that will keep on winning
What do We Mean by “low-risk”?
A combination of:
❣️Consistent Organic Growth
A depository is a big business and will grow continuously, Its a sustainable business
cause "Market hai toh CDSL bhi hai or rahega"
High Management Efficiency with a high ROE of 19.30%
Healthy long-term growth as Net Sales has grown by an annual rate of more than 30%
High Institutional Holdings
Everything you need to about deciding, placing and calculating a stop loss and position sizing..
In this thread, We will learn
1. Stop Loss placement.
2. Calculation of Stoploss.
3. Calculating Position Size.
4. Probably never get bankrupt trading.
We need a stop Loss to determine where should we cut or exit the trade.
We exit the trade because the price structure starts
showing an opposite move than we had anticipated and hence it should no longer make sense to ride in the opposite direction.
Stop Loss is to be placed at that area where the market structure has turned in the opposite direction
To illustrate, in an uptrend market as illustrated below, if the Low from which a new high is made, gets broken, we can assume that the market structure is broken and the trend has changed.
If the above scenario happens, an SL at the level which changes the mkt strctr is logical.
SL is necessary
1. To find the area where the MS might change and
hence it'll become illogical to keep a trade going whilst
market structure is pointing a move in the opposite direction.
2. To calculate the Position Size of the trade.
▶️A high return portfolio - a concentrated portfolio with around 10 stocks of high-growth companies which have moat in their business should be excellent. Moat allows businesses to compound their revenues, cash flows, and earnings for an extended period of time.
such companies often are led by visionary founders with skin in the game. You should always buy with the intention of holding indefinitely but it is always with the intention of holding indefinitely but the business world is very competitive now so you should hold stocks until
▶️When you should sell-
1 - When you spot a new opportunity or need cash urgently.
2 -When the management becomes worse or CFO/auditors changed .
3 -When other competitors are dominating ie When the moat has been invaded.
4-When a company's rev. growth < 12% pa or slow down QOQ
Using technical/EMAs to exit
Exit a stock when it starts to trade below 200 EMA.
Well, this is a time consuming and complex process, Here is a CHEATSHEET for you ⬇️👇
Follow some Twitter accounts who share their stock lists on weekend like
and many others..
also don’t forget to follow my account @Anshi_________
Now on Weekends, go through all of the stock lists of accounts you follow and Make your watchlist of them…
Remember, Don’t remove any stock from your list and keep adding new stocks every weekend,
Do this for a month and you should have watch list of atleast 50 stocks
Now, after every market close, Go and surf your watchlist, You will find many stocks looking good to which can give a breakout -
Give priority to Stocks that
- Are green in red market
- Near their yearly high
- Trading at their all time high
- Making HH HL pattern
- Retesting breakout levels
- Breaking their important Moving Averages
- Coming out of long consolidation
-Volume building up..
Make another list of such 5-10 stocks and keep tracking them throughout the day and you will Definitely find 1-2 Breakout stocks.
More from All
Five billionaires share their top lessons on startups, life and entrepreneurship (1/10)
I interviewed 5 billionaires this week— GREG ISENBERG (@gregisenberg) January 23, 2021
I asked them to share their lessons learned on startups, life and entrepreneurship:
Here's what they told me:
10 competitive advantages that will trump talent (2/10)
To outperform, you need serious competitive advantages.— Sahil Bloom (@SahilBloom) March 20, 2021
But contrary to what you have been told, most of them don't require talent.
10 competitive advantages that you can start developing today:
Some harsh truths you probably don’t want to hear (3/10)
I\u2019ve gotten a lot of bad advice in my career and I see even more of it here on Twitter.— Nick Huber (@sweatystartup) January 3, 2021
Time for a stiff drink and some truth you probably dont want to hear.
10 significant lies you’re told about the world (4/10)
THREAD: 10 significant lies you're told about the world.— Julian Shapiro (@Julian) January 9, 2021
On startups, writing, and your career:
India had a well developed education system centuries before the westerners arrived and called us uncivilized. Education was always given a great importance in Indian civilisation since times immemorial.
Ancient India had the Gurukulas and Ashramas as the epicentres of the knowledge and enlightenment. Bigger Gurukulas served as the centres of higher education called universities. Besides these universities, temples also emerged as the major learning centres.
Studying the Holy Scriptures, character building, personality development, responsibilities towards self,family and society,discipline and preservation of the ancient culture and heritage were the key embodiments of education.
This kind of education system made ancient India, a centre of knowledge all over the world. Many foreign students came to India for education and India was called the 'Vishwaguru'.
Takshshila and Nalanda were the two prominent universities of ancient India.
But were these only Universities of ancient India?The answer is 'No'.Let's learn about these gems of our education system that flourished across ancient India & be proud.
This was the oldest university of ancient India.Situated in Nalanda distt. of Bihar...
A small tribute/gift to members
technical screeners - intraday and positional both
before proceeding - i have helped you , can i ask you so that it can help someone else too
run - find #stock - draw chart - find levels
1- Stocks closing daily 2% up from 5 days
2- Weekly breakout
3- Breakouts in short term
4- Bullish from last 5
5- 15 minute Stock Breakouts
6- Intraday Buying seen in the past 15 minutes
7- Stocks trading near day's high on 5 min chart with volume BO intraday
- Thread -
1. Size Of Your Letters.
Big - you are an outgoing person.
Small - you are an introvert.
Average - you have a strong ability to focus and concentrate.
2. Spacing Between Your Words.
Large spaces - you enjoy freedom and independence.
Little space - you enjoy company of others more.
Very jammed words - you might be intrusive.
3. Pen Pressure You Use While Writing.
Heavy pressure - you are tensed and angry.
Moderate pressure - you are more committed.
Soft pressure - you are empathetic and sensitive.
4. The Way Dot Your Lower case "i's".
Dot high on the page - you have an active imagination.
Closely dotted i - you are organized and detail-oriented.
Dot i's to the left - you are procrastinator.
Dot i's like a circle - you are playful and have childish qualities.
But most people don't use it right.
Here are 10 Googling tips you probably don't know:
1/ Use quotes to force an exact-match search:
2/ AND operator will return only results related to both terms:
html AND css
3/ You can use the OR operator to get the results related to one of the search terms
4. The "-" operator will exclude results that contain a term or phrase:
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So Heinlein had always been very interesting in the short parts of his novels, like the little snippets inside chapters. He had a very fun writing style, and wrote some fun dialogue with fun characters, right?>
It probably comes from how much of his early stuff was short fiction
And I think what happened with a lot of his longer works is that he'd just start writing fun bits and hope it would end up going somewhere or having a bigger plot by the end. like eventually he'd figure out where this was going, then go back and rewrite it into a cohesive whole
and I'm sure he had editors that'd help this process. No editor would let you publish something as rambly and changing-gears-every-other-chapter as The Number Of The Beast, for example... unless you were God-King Of Science Fiction 1980s Robert Heinlein.
so basically I think what happened is that by the 80s (when he was in his seventies!!) he lost the drive to go back and rewrite and he was too Untouchable for editors to make him.
Got these scanners from the following accounts:
Share for the benefit of everyone.
Listing all scanners from @Pathik_Trader Sir first.
2. 80-20 Reversal Setup
4. Trapping Inside Bar (Positional Setup)
With his younger brother, writer Larry Lieber, and Jack "the King" Kirby:
Tales to Astonish #13 (November, 1960)
With writer Lieber, and artist Kirby:
Fin Fang Foom
Strange Tales #89 (October, 1961)
With the King, Stan gives birth to the Marvel Universe:
The Fantastic Four
Fantastic Four #1 (November, 1961)
With Jack Kirby:
Fantastic Four #1 (November, 1961)
2 Research conditions are theoretical and/or idealized. A huge problem for so-called NLP or AI startups with highly credentialed academic founders is that they bring limited knowledge of what it takes to build real products outside the lab.
3 A product is ultimately a thing that people pay for - not just cool technology or user experience. But I’m not even talking about knowledge gaps in go-to-market work. I'm talking purely technical gaps: how you go from science project to performant + delightful user experience.
4 Most commoditized NLP packages solve well-understood problems in standard ways that sacrifice either precision or performance. In a research lab, this is not usually a hard trade-off; in general, no one is using what you make, so performance is less important than precision.
5 In software, when you’re making something for real people to use, these tradeoffs are a big deal. Especially if you’re asking those people to pay for what you’ve made (can’t get away from that pesky GTM thinking). They expect quality, which includes precision AND performance.