Many people ask me how I am able to multi-task! The answer is Technology!

10 amazing tools/sites you should start using today:

Retweet for maximum reach

During my MBA, trading days and till now, I have read multiple books on trading and investing. Listing the best ones that I loved.

Pick based on your style - Fundamental/Technical/Momentum/options trading

Please retweet for max reach. Comment other books u love

1. Technical Analysis of the Financial Markets - John Murphy

A book which builds your basics on charts, trends, price patterns, MAs, oscillators etc. A must read for beginners!

2. Trade like a Stock Market Wizard by @markminervini

Amazing book covering critical concept of volatility contraction pattern. It is a timeless pattern rooted in human psychology & demand, supply forces. He is a multiple time US investing champion & a rags to riches story!

3. How to make money in stocks - William O'neil

Guru of a lot of investors and the one who gave the CANSLIM strategy! This along with Minervini's book is the minimum you should surely read.

4. Rare book which u might not have heard of: How to Sell by Justin Mamis

An old book published around 1980! Read this only after you are well-versed with the basics. I found it pretty good with new stuff which cements your thoughts.

I have made powerpoint presentations in front of Hon'ble Prime Minister, Chief Minister, Cabinet Secretary and top bosses of MNCs. By God's grace, they were always received well.

Some tips for making effective presentations along with tech tools.

A 🧵. Pls RT for wider reach

Know your audience

A presentation in front of Prime Minister would not be the same as that infront of your technical team. Even if the topic is the same. Understand the audience and know what they need from the presentation. Plan accordingly

Structure

Some people naturally think in a very coherent way. If you are not one of those, make an outline of the presentation first. Try to get the flow right.

Problem-Solution kind of presentation

State the problem and then tell what you did to solve it. (or going to do)
The 'how' you achieved it should follow after that. This gives more impact

Slides

Make concise slides with few words. The slides should just be cues for you and your audience. Dont put all details in them. Just a few phrases/lines should sufice

How to invest in US stocks?

• Online Brokers
• Taxation
• Yearly Limits
• Online research sites for US stocks

A thread 🧵. Please retweet for maximum reach.

What are some platforms that allow opening a US investment account?

- Groww
- Interactive Brokers
- Vested
- many others

You may like to read reviews online before opening an account with any provider.

Is there a statutory limit on investment?

As Indian resident, RBI’s Liberalized Remittance Scheme lets you remit upto $250,000 per year, per person. Above that, permission from RBI is required.

What are the capital gains tax on foreign stocks?

- US doesn't tax capital gains for us. However, tax applicable in India.

LTCG:- applicable if held above 24 months. Taxed @20% with indexation benefit
STCG:- if held for less than 24 months, Taxed at your income tax slab rate

What is the tax on dividends earned?

- Dividends taxed at flat 25% in US
- Also taxable at your income tax slab rate in India
- As per Double Tax Avoidance Agreement, tax withheld in US offsets tax liability in India

So tax to you is 25% or your tax rate, which ever is higher

ULTIMATE GUIDE TO 21 and 200 Moving Average
SUNDAY THREAD 🔖
A trend Following System That will Help You Improve Trading immensely.

RETWEET AND SHARE 🔄
@kuttrapali26 @AmitabhJha3
#stocks #StockMarket
1/n

Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
2/

21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
3/n

3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
4/n

1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
5/n

JWALAMUKHI TRIPURASUNDARI, UTHANAHALLI, MYSURU (KAR)
#bharatmandir

Jwalamukhi Tripursundari is believed to be the sister of Devi Chamundeshwari, the presiding deity of Mysuru
It is also that she represents the flaming mouth of Jalandhara, the demon whom Shiva crushed to death.

When Devi Chamundeswari was fighting Mahishasura, she observed that from every drop of blood that spilled out of Mahishasura, another demon was born. So she created Tripurasundari to ensure that no blood dripped from Mahishasura.

Tripura Sundari means beauty of the three worlds.
The murti was installed during Wodeyar rule. An utsava murti made of pancha loha is kept in the sanctum sanctorum.
Another shrine here is dedicated to Siddeshwara / Shiva surrounded by a beautiful wooden Mantapa.
@GunduHuDuGa

#தினம்_ஒரு_திருவாசகம்
தொல்லை இரும்பிறவிச் சூழும் தளை நீக்கி
அல்லல் அறுத்து ஆனந்தம் ஆக்கியதே – எல்லை
மருவா நெறியளிக்கும் வாதவூர் எங்கோன்
திருவாசகம் என்னும் தேன்

பொருள்:
1.எப்போது ஆரம்பித்தது என அறியப்படமுடியாத தொலை காலமாக (தொல்லை)

2. இருந்து வரும் (இரும்)

3.பிறவிப் பயணத்திலே ஆழ்த்துகின்ற (பிறவி சூழும்)

4.அறியாமையாகிய இடரை (தளை)

5.அகற்றி (நீக்கி),

6.அதன் விளைவால் சுகதுக்கமெனும் துயரங்கள் விலக (அல்லல் அறுத்து),

7.முழுநிறைவாய்த் தன்னுளே இறைவனை உணர்த்துவதே (ஆனந்த மாக்கியதே),

8.பிறந்து இறக்கும் காலவெளிகளில் (எல்லை)

9.பிணைக்காமல் (மருவா)

10.காக்கும் மெய்யறிவினைத் தருகின்ற (நெறியளிக்கும்),

11.என் தலைவனான மாணிக்க வாசகரின் (வாதவூரெங்கோன்)

12.திருவாசகம் எனும் தேன் (திருவா சகமென்னுந் தேன்)

முதல்வரி: பிறவி என்பது முன்வினை விதையால் முளைப்பதோர் பெருமரம். அந்த ‘முன்வினை’ எங்கு ஆரம்பித்தது எனச் சொல்ல இயலாது. ஆனால் ‘அறியாமை’ ஒன்றே ஆசைக்கும்,, அச்சத்துக்கும் காரணம் என்பதால், அவையே வினைகளை விளைவிப்பன என்பதால், தொடர்ந்து வரும் பிறவிகளுக்கு, ‘அறியாமையே’ காரணம்

அறியாமைக்கு ஆரம்பம் கிடையாது. நமக்கு ஒரு பொருளைப் பற்றிய அறிவு எப்போதிருந்து இல்லை? அதைச் சொல்ல முடியாது. அதனாலேதான் முதலடியில், ஆரம்பமில்லாத அஞ்ஞானத்தை பிறவிகளுக்குக் காரணமாகச் சொல்லியது. ஆனால் அறியாமை, அறிவின் எழுச்சியால், அப்போதே முடிந்து விடும்.

@UnrollHelper Salut! There you go! Original tweet by @AnJamison: "@SethAbramson @buzz\_chronicles @buzz\\\_chronicles @buzz_chronicles save as cat...". Cheers! 👌

Salut! Of course! Original tweet by @UnrollHelper: "@AnJamison @SethAbramson @buzz @buzz_chronicles @pdfmakerapp @Readwiseio @thread...". Enjoy ✌

Read this. U may get it for free.
Short straddle :
What is ?? Sell an atm call and put.
Instrument: mostly bnf and nf.
Now there are versions of it.
1. Best version :
Enter around 9.15-20 and exit around 3.20. No adjustment nothing.
1/n.

If u r doing it on zero leverage(meaning u have full capital of around bnf's notional contract,i.e. 40000*25 = 10lacs), then u r most likely going to make better than fd or anything like that.
Simple rules : friday,monday, tuesday do for weekly. Wednesday and thrusday next week

So, gamma moves can't impact much.
Another better version of mahesh chander kaushik is to do it for monthly expiry.
Bigger premiums and never hav to worry about 200-300 points sudden moves.
2. 2nd version : have combined stoploss of premiums and re-entry criteria. Example :

Let say 40000 straddle is at 600. Sell at 600 and hav combined sl at 650. Many algos are providing this. U can even place stoploss in % terms. Like, if sold straddle at 400 and placed 10% sl, means if 440 combined premium touch, it will be stoploss.
Let say, in morning,

U sold straddle at 600 and it sl hit at 650. Now, u placed reentry at 600 with same sl. This time may be linear decay happens and u may cover morning's loss and make some profit.
3rd version : stoplosses at each leg and trail sl to cost type.
Example , 40000 straddle at 400.