BC CNXSMALLCAP

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Trendline Investor
@dmdsplyinvestor 4 years, 1 month ago 490 views

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#CNXSmallcap definitely does NOT look good!

Large base breakdown is never good that too on weekly charts!

I spoke about this support in this weekend #Youtube live video.

Watch here 👇

https://t.co/Fva0CUlT1z

More from Trendline Investor

Trendline Investor
@dmdsplyinvestor

LOG vs LINEAR Charting!

This is the most important thing especially if you are analysing long term charts!🧐

So, let's get this right today!

Let’s go🧵...

1⃣ Wait, What's Log chart?

Before I define Log chart, let's look at the chart you are using daily - 'The Linear Chart'

- Linear chart is used by default in most platforms. This is probably why you never knew log charts

Wait, don't click on 'log' yet before you understand it...

2⃣ ok, so what does Linear chart mean?

Take a look at the image
- The y-axis is separated equally by 1000 points starting from 0 to 11000.
- So, any linear chart would have its y-axis equally separated by 'N' points always

And... that's where the problem lies...

3⃣ But, I don't see any problem?🤔

Ok ok.. let me explain...

- Can you look at this #TATAELXSI chart & tell me the price in '99 when it was listed? No!
- Can you draw a proper trendline in this chart? No!

Reason is because of the price congestion between '07 to '20...

4⃣ What else?🧐

- Whenever there is a price change in an instrument & it's drastic it'd be difficult to analyse on a linear chart

- Look at this example of #BTCUSD. What happened in 2021(refer to the red box)? 🤔

All this is because of the equally spaced Y-axis!

hmmm... ok🙄

Trendline Investor
@dmdsplyinvestor

For 7 yrs I struggled to ride trends..

& in 2015-17 when I started learning TA smthng crazy happened..

Here is a simple strategy that helped me..

• Identify turning points in stocks
• Find quality stocks
• Not panic & ride trends
• Finally make 💸

CCI & Pivot Strategy🧵..

1⃣ How to filter stocks? Is there a scanner?

There are 1000s of stocks in the market & you need to invest in only a few.

How do you narrow it down to a select few?

Use this simple CCI based scanner every

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Trendline Investor
@dmdsplyinvestor

Even the biggest handles with 100k+ followers get this simple thing wrong in charting!🤦‍♂️

This is the most important thing especially if you are analysing long term charts!🧐

So, let's get this right today!

USE LOG CHARTS 📈 FOR ANALYSING LONG TERM CHARTS!

Let’s go🧵...

1⃣ Wait, What's Log chart?

Before I define Log chart, let's look at the chart you are using daily - 'The Linear Chart'

- Linear chart is used by default in most platforms. This is probably why you never knew log charts

Wait, don't click on 'log' yet before you understand it...

2⃣ ok, so what does Linear chart mean?

Take a look at the image
- The y-axis is separated equally by 1000 points starting from 0 to 11000.
- So, any linear chart would have its y-axis equally separated by 'N' points always

And... that's where the problem lies...

3⃣ But, I don't see any problem?🤔

Ok ok.. let me explain...

- Can you look at this #TATAELXSI chart & tell me the price in '99 when it was listed? No!
- Can you draw a proper trendline in this chart? No!

Reason is because of the price congestion between '07 to '20...

4⃣ What else?🧐

- Whenever there is a price change in an instrument & it's drastic it'd be difficult to analyse on a linear chart

- Look at this example of #BTCUSD. What happened in 2021(refer to the red box)? 🤔

All this is because of the equally spaced Y-axis!

hmmm... ok🙄

Trendline Investor
@dmdsplyinvestor

#ANGELONE being the strongest among the #broking stocks has taken off!

Which one would be the next?

#StocksToBuy https://t.co/zaAfCtOkJ6

I think it is just about time for #broking stocks to \U0001f680!

- #AngelOne looks the strongest & near ATH
- #Isec near major trendline support, forming Dojis on weekly
- #Motilalofs near major trendline supports, forming Dojis on monthly

All three low-risk setups!#stockideas pic.twitter.com/xB3Tm9jSou
— Trendline Investor (@dmdsplyinvestor) April 4, 2022

Trendline Investor
@dmdsplyinvestor

Here’s your complete guide to...🧵

TRADING using MULTIPLE TIMEFRAMES (MTF) 📈

Most of the successful traders use MTF & just by knowing what’s happening in different TFs you increase your chances of winning.

Ok, so how can one use MTF to trade?

Let’s go...

👍Like & 🔁Retweet

Rule 1⃣: Define your Trading/Investing Style

You can be a
➡️ Long term investor
➡️ Positional trader
➡️ Swing trader
➡️ Intraday trader

Let's take the example of a Positional trader for this 🧵

Rule 2⃣: Identify the LONG TERM TREND on Monthly charts!

The long term chart helps you identify the long term trend & pivotal points in trend changes

In the below #NEULAND chart, you can see the stock has been in a long term uptrend since 2001.

Rule3⃣: Wait for a BUY SIGNAL on the Weekly chart!

In this chart once you get a buy signal on CCI and RS, take a look at the chart and you will observe the change in trend and breakout.

Now you know this is probably a resumption of the long term trend that started in 2001.

Rule 4⃣: Now it is time to hit that 'BUY' button.

But how to IDENTIFY THE ENTRY POINT?

Switch to the 'Daily' chart & buy either on

➡️Retest of breakout zone
➡️Or on the breakout after a short consolidation after 3-5 days

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Andrew Chen
@andrewchen

1/ new essay: What's next for marketplace startups? Reinventing the $10 trillion service economy, that's what. Co-authored with @ljin18 https://t.co/fgKbrHTnH5. A short thread 👇

2/ Marketplace startups have done incredibly well over the first few decades of the internet, reinventing the way we shop for goods, but have been less successful services. It's bc services are complex, subjective, fragmented, and often in real life. Makes it hard

3/ There's been 4 major eras at making the service economy work online. The Listings Era, the unbundled Craiglist era, the Uber for X era, and the Managed Marketplace era

4/ Each era has added more value than the last, and utilized technology innovations, from internet to social / "read/write web" to mobile. The "Unbundling Craigslist" era was particularly epic at generating startup ideas

5/ The problem is, all the low-hanging fruit has been picked off. The techniques that got us to here won't get us to the next phase. So we have to do some pretty different things. That's why "Managed Marketplaces" have been a big deal - hire folks as W-2s, certify quality, etc.

Patrick McKenzie
@patio11

A thread on HN about bad code in legacy projects both makes me think how little we've learned as a discipline over the years and, honestly, how little credit we give ourselves for some pretty major

Fun going down this list and thinking: "Hmm, plausible at a well-run modern software shop", "Hmm, possible, but requires implausible tradeoffs", "Literally disallowed by languages", and "If you were to attempt doing that our test suite wouldn't let you merge."

I think we as an industry celebrate (not quite the right word) failure too much and don't celebrate success nearly enough. There is no DailyWTF for competent execution, word of which generally stays pretty local to the source while incompetence passes into legend.

Alrighty let me try to thread the needle on being the change I want to see in the world while not giving away anything that will get me in trouble:

Ruby has wonderful developer ergonomics. Typed languages are easier for machines to guarantee the correctness of. We built a type checker for Ruby (and I believe it is slated for OSS release sometime).

c.f.

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Vibhu Vashisth
@VIBHU_Tweet

Did you know?
Ahilyabai Holkar was one of India's
greatest women rulers of all time.

Ahilyabai was Born on May 31,1725 in the village of Chondi,Jamkhed distt,Maharashtra to a man named Mankoji Shinde,who was the Patil(Chief) of a village and a member of proud Dhangar Community.

Despite the fact that girls' education was a farther dream in those days, Ahilyabai was homeschooled by her father.
Ahilya didn't belong to any royal family but in a twist of fate she is still remembered as one of the most revered Queen in the history.

While they were living their humdrum lives, one day Malhar Rao Holkar, commander of the Peshwa Bajirao & Lord of the Malwa stopped in Chondi on his way to Pune, where he couldn't help but notice a young 8yrs old Ahilyabai in the temple service feeding the poor & hungry.

He was so impressed by the sheer innocence&beauty with simplicity character of Ahilyabai dat he asked her hand in marriage for his son Khanderao Holkar.Just like that she got married to Khanderao in 1733 at a tender age of 8&became a bride of esteemed Maratha community of Holkars

But destiny had something else in store for her as her husband died in the Battle of Kumbher in 1754 leaving her widow at 29.Distressed Ahilyabai was to commit Sati when her father-in-law Malhar Rao refused to let it happen.

Delilah S. Dawson
@DelilahSDawson

Hello, writers! How about a thread on LITERARY AGENTS? How to get one, how to talk to one, how to keep one happy. Spoiler alert: I am 100% pro agent and can't imagine not having one on my side. 1/

Why would you want a literary agent?
* you want to be traditionally published
* you want someone experienced to help guide your career
* you want to learn how to edit like a pro
* you want to sell foreign and movie rights
* you want answers to your newbie questions 2/

Why you might *NOT* want a literary agent:
* you want to self publish
* you're not willing to compromise on your edits
* you don't think their expertise is worth 15% of your advance
I... can't think this way. Literary agents have been crucial to my career. 3/

So, how do you get a literary agent?
1. Have a finished, revised, edited, polished manuscript.
2. Write a query letter for your book
3. Send your query to agents who rep your genre and are open to submissions
4. Repeat steps 1-4 until you're offered representation. 4/

So, let's go through those four steps. First of all, you must have a finished, revised, edited, polished book, and it must be sellable. That is, you can't sell a 600k picture book or a 40k adult Fantasy, etc. You must read extensively in the genre you're writing. 5/

$Anu Satheesh \U0001f1ee\U0001f1f3$

Anu Satheesh 🇮🇳...
@AnuSatheesh5

Bhoga Lakshmi Narasimha Swamy Temple
#Devarayanadurga
#Karnatakatemples 🚩

Bhoga Yoga Narasimha Swamy Temple, Devarayanadurga is located near Tumkur of Karnataka. There are two temples are here for Narasimha Swamy, one is at the base of the hill which is Bhoga Narasimhar and 👇

the other on the top of hill which is Yoga Narasimhar.

Bhoga Narasimha swamy Temple Prathista is said to be done by Maharshi Durvasa who did tapasya here. While doing tapasya Muni wished to bath in river Ganga and decided to travel to Ganga river bank,

At that time Ganga Devi appeared here and said she will remain here in the temple pond.

Yoga Narasimha swamy Prathista is believed to be done by Bhrama Deva who did tapasya here for many years.

Narasimhar appeared with Lakshmi Devi here to give darshan to Bhrama Deva here.

उग्रं वीरं महाविष्णुं ज्वलन्तं सर्वतोमुखम्।
नृसिंहं भीषणं भद्रं मृत्युमृत्युं नमाम्यहम् ॥

Om Shri Narasimha Murthaye Namah
🙏🕉🙏