I have taken 4000+ trades in the past 3 years as an Option Seller.

Here are the 11 mistakes I've made in my journey, that you desperately need to avoid: 🧵

Collaborated with @AdityaTodmal

1/ Level-Based Trading on non-expiry days:

On expiry days all OTM options are going to go to zero, so you can take a bet on a particular level for a high reward.

But on the other days, the spikes are just too much, especially in this low-Vix environment.

Your morning sets the tone for your day.

12 things you should do daily before 8 am:

1. Plan the night before

To create a better morning, you need to start the evening before:
• Look at your schedule
• Set out your clothes
• Pack your bag

This little preparation can take the morning from rushed to relaxed.

2. Don’t touch your phone

You should not touch your phone for two hours after waking up.

This starts with leaving it in the other room the night before. Bringing your phone to bed disrupts your wind-down and keeps you up later.

3. Get rid of the snooze

Move your alarm away from your bed so you have to get up to turn it off.

This will help you stop hitting the snooze, which destroys your mood and morning routine.

4. Let there be light

Light signals it’s daytime and helps you naturally wake up.

Get a sunrise alarm and get outside immediately (see number 8).

Thread: Free Options Trading Course for Beginners with small capital.

Reference: Option trading marathon series, part 1 from Mr. Subasish Pani ft. @PushkarRThakur

Collaborated with @AdityaTodmal

1/ Trading journey of Mr. Pani

• He has an experience of 7 years.

• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.

• However, it's not easy to make such profits.

• More difficult, is to retain those profits and build more on it.

2/ How he ventured to options selling

• He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.

3/ Investing becomes imp once the capital grows:

• Since his trading profits have grown well, he has started investing (investing is always for LT).

• For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.

4/ Covered calls strategy for the portfolio:

• Pledge the portfolio and receive margin ~80% which he would then use to sell OTM CEs of the stocks which are in his portfolio.

• This helps in generating fixed income from the portfolio.

@ShubhamJatalNcp https://t.co/0hS4Mk8c9J

राष्ट्रवादीच्या पेपरचा हा लेख वाच लवड्या. खोटं बोलायचं नाही.

🔰WORD4TODAY🔰

1 Samuel 16:6 MSG
When they arrived, Samuel took one look at Eliab and thought, "Here he is! God's anointed!"

He was dead-wrong😱
👇🏼
*Eliab* wasn't the one, and neither was *Abinadab* . *Shammah* too looked like the one with the aroma of God's endorsement, but,

prophet Samuel was wrong about all three of them. They were rejected by God.😱
👇🏼
The one with the *aroma* of God's endorsement was not even anywhere near the place a life changing decision was going to be made.
👇🏼
The choice one was *David* . He was the endorsed one.

👉🏼When it

was evident the choice one was not around

*1 Samuel 16:11b MSG*
"...Samuel ordered Jesse, "Go get him. We're not moving from this spot until he's here."

*No-one sat until he came in.* Hmmmm.
👇🏼
A life changing decision is about to be taken concerning you. The kingmakers

will not be comfortable until you show up.
👍🏼
Your life is about to turnaround for good.
🙏🏼
Anywhere you are today, an order to get you in position and in place will be issued.
👇🏼
You are the choice one. The one on whom the aroma of God's endorsement is evident. There is a throne

DXY and commodities usually don't move in the same direction.

One of them has to give-in.

My money (not literally) is on commodities reversal in near future.

Even in the past, whenever the inverse relationship appeared to be broken, it always resolved in the favour of USD.

#tatapower complex head and shoulders pattern, can breakout. SL will be tight.
#nifty #SwingTrading

Of all the bullish combinations that can work on Nifty, Bank Nifty+ Reliance combination is the most potent one.

But then what else will take Nifty to 35000+ in 2-3 years.

@jeff_thompson Retweet, by all means share your opinion now while it can make a difference.

#kprmills
#lowriskentry
#ahmedabadnest

5 Courses to Learn Blockchain Development for FREE in 2022 🧱⛓️

A thread

{1/5}

- Blockchain And Deep Learning: Future Of

{2/5}

- Bitcoin And

{3/5}

- Blockchain

{4/5}

- The Complete Course On Understanding Blockchain

Want to gain followers and get popular on Twitter? Here’s how… 🧵🧵🧵 1/

There are three types of popular twitter accounts, each with their own difficulty setting:

1. The Content account (easy)
2. The Brand account (normal)
3. The Cult of Personality account (hard)

The Content account is strictly focused on one subject, to the extent that the author is all but invisible. Followers follow the content account for information on *one topic* and if the owner strays too far, too often, he will lose his audience.

The Brand account has a theme (finances, fitness, politics etc) but with a highly present author. Followers want the author’s input on particular topic(s)- giving the author more room to incorporate off-brand takes as well. The average popular twitter account is a Brand account.

However, if you stray too far off brand, you will be destroyed….

5 MIN STOCK IDEA

JUBILANT FOODWORKS

10 Impactful Quotes from the book

THE CODE OF THE EXTRAORDINARY MIND by @Vishen

1. "Safety is overrated; taking risks is much less likely to kill us than ever before, and that means that playing it safe is more like just holding us back from the thrills of a life filled with meaning and discovery."

2. "If you can't win, change the rules.
If you can't change the rules, ignore them."

3. "Have big goals—but don’t tie your happiness to your goals. You must be happy before you attain them."

4. "Stress, anxiety, boredom, confidence, excitement, engagement are all contagious."

#BollingerBand Squeeze Breakout

Sharing An Entry Set-up For Cash Market Since Cash Market Is Running Hot Currently

Bollinger Bands Are Volatility Bands with Centre line, Upper & Lower Band

Centre Line Is Simple Moving Average

Default Is 20 Period Simple Moving Average

Upper & Lower Bands are constructed by Adding / Subtracting Standard Deviation Values from SMA

Default is 2 Standard Deviation Away from 20 SMA for Upper & Lower Band

During Trending Phase, Bollinger Bands generally expand as Standard Deviation Expands in Trending Phase

During consolidation standard deviation drops, causing Upper & Lower Bands to contract towards centre line

This Gives the look like bands are getting squeezed, hence the name Bollinger Band Squeeze Breakout

Entry Setup occurs as below:

1. After Good Rally, Price takes pause, goes in consolidation of few weeks, typically 3-8 weeks

2. Bollinger Bands tighten or Squeeze, indicating volatility contraction

3. While bands are in squeeze, price rises to Upper Band

4. After Touching Upper Band, Price is Rejected

5. price Rejection creates Lower Low on Daily charts, which is called Bearish Fractal

6. High Point from Which price is rejected & creates Bearish Fractal become Breakout Point