Mitesh Sir's Positional Option Selling 101:
• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes
Done with the help of @niki_poojary
How @Mitesh_Engr Sir finds the direction?
• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies
Which options to sell in weekly expiry according to @Mitesh_Engr?
• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached
Position Sizing by @Mitesh_Engr Sir.
How to deploy your capital?
• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital
Some important tweets of @Mitesh_Engr Sir
• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies
• I have curated some of the best tweets from the best traders we know of.
• Making one master thread and will keep posting all my threads under this.
• Go through this for super learning/value totally free of cost! 😃
1. 7 FREE OPTION TRADING COURSES FOR
A THREAD:— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
2. How to initiate
3. When to exit straddles
5. Videos on
Curated tweets on How to Sell Straddles— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
2. How to initiate
3. When to exit straddles
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
Let me break down why I think this will be THE SPAC of 2021. 👇
TL:DR – the management team is loaded with President Biden’s closest friends and advisors. No other SPAC has this level of access.
$PIPP company overview:
-focused on defense, government service & aerospace
-perfect focus when you consider who is on their Management Team
-here's where it gets EXCITING
-founded by John Thain (ex Merrill Lynch CEO and Uber director)
-then STACKED with veteran Government and Administration key figures
$PIPP Insane Management Connections
-the list of PIPP "DC Partners" includes:
-- President Biden's pick for Secretary of State (Tony Blinken)
-- President Biden's pick for Secretary of Defense (Gen. Lloyd Austin).
$PIPP - The Joe Biden Connection
- Tony Blinken and President Biden are close allies.
- Blinken has been an advisor to Biden for decades
- Blinken set to be appointed Sec. of State
Time for a stiff drink and some truth you probably dont want to hear.
College isn’t worthless for everyone.
All of the successful folks who tell you college is worthless went to college.
What does that tell you?
It’s not about the learning, though.
It’s about growing and learning how to sell yourself and your ideas.
Miami isn’t the next tech hub.
It’s surrounded by a swamp.
Construction costs are insane because of hurricane codes. Vacant land doesn’t exist.
Property insurance has risen on average 20% per year for 5 years.
Plus it’s hot AF. Ever been there in July?
Starting a business isn’t right for everyone.
95% of folks are better off getting a job.
It’s hard AF. Decisions are critical and plentiful. Risk is for real. Stress can be crippling. Delegation can be impossible for poor communicators.
Most folks don’t have what it takes.
Technology isn’t as far along as the media makes you think it is.
We’re 5+ years away from autonomous vehicles.
Alexa still can’t play the song I want 25% of the time let alone make decisions and “learn”.
Robots fall on their faces when they aren’t on perfectly flat ground.
They gave him the reception of a conquering Fulani warlord: a white horse and sword.
I found that curious. How can a Nigerian leader celebrate his electoral victory in a foreign country and not Daura, his supposed hometown in Nigeria?
Answer has since been provided through Buhari’s policy actions in the past 5+ years. We have since learnt that Buhari is a first-generation Nigerian whose father, Ardo Adamu Buhari, a duck seller, had migrated from Niger, settled in Nigeria and married a Nigerian woman, Zulaihat.
The borders defined by the European colonial masters mean nothing to typical Northerners. When you hear that Nigerian borders are porous, what it really means is that there is no intention in the minds of Northern Nigerians and their elite to create an effective barrier between..
them and their kith and kin in the neighbouring countries of Niger, Chad and Northern Cameroun. Meanwhile, the Southern borders are strictly monitored (within the limits permitted by the selfish interests of corrupt Customs and Immigration officials).
This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙈𝙤𝙫𝙞𝙣𝙜 𝘼𝙫𝙚𝙧𝙖𝙜𝙚"
Like👍 & Retweet🔄 for wider reach and more such learning thread.
Basics of the moving average:
It takes average of the price for the duration we want.
So 10 days moving average means an average price of 10 days closing price.
Common types of Moving Average:
Simple, Exponential, Weighted.
Use only one type in your trading setup.
1⃣ Moving Average Crossovers:
Common strategy used by positional traders and investor in finding multibagger or good returns stocks.
Common crossover used is for 50 & 200 Moving Average.
Also, this is called as "𝗚𝗼𝗹𝗱𝗲𝗻 𝗖𝗿𝗼𝘀𝘀𝗼𝘃𝗲𝗿"
In this buy signal is initiated when lower MA (50 EMA) crosses above higher MA (200 EMA).
And exit or sell signal is intiated when lower MA (50 EMA) crosses below higher MA (200 EMA).
Let's see an example:
Buying Price was 56 in 2009 and CMP is 2462 and still there is no selling signal.
44 times Multibagger or 4300% returns.
In lower time frame, it will give more whipsaw and more number of trades.
Many of you may be familiar with the 'Rumi quotes' that circulate the internet. What if I told you the vast majority of them are fake and they are part of a project to secularize Rumi? This isn't a whatsapp conspiracy.
Take this quote, commonly attributed to Moulana Rumi:
Brad Pitt even got it tattooed, right by his pit:
Ivanka Trump, the daughter of the most Islamophobic president in US history, tweeted it out after her dad failed to make peace in Afghanistan. If Rumi were alive today, her dad wouldn't even allow him in the country. The irony.
Where is this quote from? It's from 'The Essential Rumi' probably the best selling poetry book in America, written by Coleman Barks who has made his career peddling Rumi 'translations.'
FROM THE CDC; 3,150 people vaccinated are "unable to perform normal daily activities, unable to work" after vaccination.
A massive 2.7% of people who can no longer work... see thread
after having the Pfizer vaccine.
Portuguese health worker, 41, dies two days after getting the Pfizer covid vaccine as her father says he 'wants
Mexican doctor hospitalized after receiving COVID-19 vaccine
Hundreds of Israelis get infected with Covid-19 after receiving Pfizer/BioNTech
Wife of 'perfectly healthy' Miami doctor, 56, who died of a blood disorder 16 days after getting Pfizer Covid-19 vaccine is certain it was triggered by the jab, as drug giant investigates first death with a suspected link to
75-year-old Israeli man dies 2 hours after getting Covid-19 vaccine.
Death of Swiss man after Pfizer vaccine.
88-year-old collapses and dies several hours after being
JOIN ME LIVE TONIGHT 7:00pm CST To defend your rights, freedom, and country from attacks and suppression, you first must understand how EVERYTHING works! Take a peek behind the curtain and see the unseen and have your eyes opened! https://t.co/Y4ub2c1PoK https://t.co/BeoIeJCp5O pic.twitter.com/oDFlcz3Y4v— JovanHuttonPulitzer\u2122 #JovanHuttonPulitzer (@JovanHPulitzer) June 13, 2021
Thread: 20 tips I wish I could give to my 20 year old self
Startups are simple:
There are good times and bad times
Good times: enjoy the ride
Bad times: enjoy the ride
Beware of pessimistic people
Pessimism is the worst disease
Professional lies we tell ourselves:
1. Your email inbox is getting stuff done
2. A full calendar is positive
3. Big meetings are the answer
You know better
FAANG give you credentials
Startups give you education
Details/competency are boring, and expertise causes people to feel ignorant. So they choose reality TV stars over competent leaders, or actual mental health professionals.
There's an interplay between "collective narcissism" & "American Exceptionalism" that creates resistance to learning. Learning requires voluntary intellectual subordination: an admission the "teacher" knows more than you. This triggers our narcissistic sense of exceptionalism..1/ https://t.co/DrmW7AXB6l— Nick Carmody JD, MS Psych (@Nick_Carmody) May 15, 2020