3/n

I don't check DOW late at night and worry about what it will do. Never done it in many many years I can think of. Yes, when I started out I used to. Futile exercise it is.
#BroTip

4/n

I don't worry about gap downs like most of you do. No gap down can wipe me out because I position myself that way. It can at max damage me 2-3 or maybe 5% something I can recover from.

P.S: No gap down has ever hit 2% of my port forget 5. Position size is the key.
#BroTip
5/n

I don't have any indices on my screen. I can swear by my life that I don't know where NIFTY and Sensex are. They don't make money for me. Stocks do. And stocks make those indices.
#BroTip
6/n

From the time I have gathered the right skills to make money, I have NEVER had any large losses. I will not let a small loss snowball into a big one. Will happily take a small hit, step back and hit again when I see a trade.
#BroTip
7/n

I catch falling knives contrary to what has been preached by many (Including me in my starting years). Every falling knife slows down at some point which is what I try to catch. The R/R they offer is way better. Best is you can do SIZE as..
7/n
the majority is selling this stock and you can buy a huge quantity with ease. Getting a huge fill on continuation breakouts is not always successful. Illiquid ones take off without you.
#BroTip
8/n
Should have tweeted this at the start

I don't have TARGETS. Most of you keep asking me the target and I do not reply back because I'm clueless as you. God and a liar can give you a target. I just focus..
9/n

I do not believe in max allocation to be under 25% in any stock. I have had 100%+ in one. But, yes I will not take it home if it does not give me some instant profit. I will take home only the part which will not kill me if there is a gap down. Risk first. Always.
#BroTip
9/n

You cannot consistently hit triple-digit returns with 10% size. Listen to Mark Minervini's recent Marketsmith interview. In his words, he would invest 400% in 1 stock with ease but will not take it home.

He is up 262% as on 31-08-21
Source: https://t.co/JIit9synxt
#BroTip
10/n

I don't know who this 'operator' gentleman is. Have never known. Never can find out. Never cared and yet have made money.

Good luck to you if you care about it.
#BroTip
11/n

I don't answer this because I usually don't have views. Markets are dynamic. My view can change with the next bar. You have to be fluid. If I have a tight zone in any up trending stock, I will take the breakout. No idea how far will it go.
https://t.co/VxhmJlv8Aj
#BroTip
12/n

I never trade BSE stocks. The entire exchange sees relatively low volumes than NSE.
#BroTip

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APIs in general are so powerful.

Best 5 public APIs you can use to build your next project:

1. Number Verification API

A RESTful JSON API for national and international phone number validation.

🔗
https://t.co/fzBmCMFdIj


2. OpenAI API

ChatGPT is an outstanding tool. Build your own API applications with OpenAI API.

🔗 https://t.co/TVnTciMpML


3. Currency Data API

Currency Data API provides a simple REST API with real-time and historical exchange rates for 168 world currencies

🔗 https://t.co/TRj35IUUec


4. Weather API

Real-Time & historical world weather data API.

Retrieve instant, accurate weather information for
any location in the world in lightweight JSON format.

🔗 https://t.co/DCY8kXqVIK

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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.


I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.

In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.

So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.

Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.