BC MARKMINERVINILEARNINGS
Saved by @SAnngeri

The most successful stock trader from America & the winner of all the trading competitions he competes in.

20 Powerful tweets to learn from @markminervini

A ๐Ÿงตthread...

 Jesse Livermore quotes.

https://t.co/yse9uqZdwD
Never let a loss exceed 8% changed his trading game for the better.

https://t.co/liy05R0NT6
Key early decisions to make for your trading career.

https://t.co/G0EIHkGONN
Never listen to naysayers.

https://t.co/xpCSSihb1g
Learn to sell into strength.

https://t.co/3QWN7wasjH
His top trading rules!

https://t.co/VrEvxvaUk2
How to increase your returns and lower your risk?

https://t.co/wQ4rh0B1EP
Avoid wasting your time and energy on stupid people.

https://t.co/HkgcYlwYHq
DO NOT break the following rules!

https://t.co/Uiosf12cBt
Learn optimal math!

https://t.co/HnIRMQbCv6
Important advice from him.

https://t.co/QWyWyWaqXY
Keys to his success.

https://t.co/0CsPixTKyY
Be committed & be patient.

https://t.co/sesyO8IFsC
How to become a super performer.

https://t.co/Jvmp5kKP0i
Don't routinely allow profits to turn into losses.

https://t.co/YuN2JKl8Ps
Learn to lose less.

https://t.co/w5O7g0EvQb
Listen to people doing better than you.

https://t.co/IS4oiijYet
No way around risk management.

https://t.co/BGCK6dejDA
Don't give up on your trading strategies.

https://t.co/0Pvg5cnAuh
Perfect practice makes practice.

https://t.co/X9rPGAUwSe
You can also read and learn from his books.

All top traders read his books and keep re-reading them. Absorb all the information you can from him.

He's also on Twitter. @markminervini

Hope you liked this compilation. ๐Ÿ˜

More from Aditya Todmal

Aditya Todmal
Aditya Todmal
@AdityaTodmal
A lot of websites provide you with data for trading.

However, I liked the free website of Icici Direct the most.

Here is a breakdown of what it can do: ๐Ÿงต

Collaborated with @niki_poojary

Advantages:

1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

You can check out this free website by clicking on this

Where is the action taking place?

For eg, Nifty Heatmap Can easily scan for:

- Long Build up = Price Up and OI up
- Long Unwinding = Price Down and OI down
- Short Buildup = Price Down and OI up
- Short Covering = Price Up and OI down


Price levels of OI being added:

โ€ข Check 15 mins Built-up in any stock
โ€ข Can find Intraday Bullish and bearish trend
โ€ข Eg of IBUL who was down 5% on Friday. Short Built-up had started in the morning itself.
โ€ข Shows the quantities which are being traded in those intervals.


Time Intervals:

โ€ข There are 25, time intervals available every day.

โ€ข If a stock has to go up or down a lot it will be heavily dominated in these time intervals.

โ€ข IBUL had 10 times short built up on Friday. -5.79 %

โ€ข ITC had 14 long built-ups on Friday. +2.6%.
SCREENERS , ALL , ICICI
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Master Thread of all my threads!

Hello!! ๐Ÿ‘‹

โ€ข I have curated some of the best tweets from the best traders we know of.

โ€ข Making one master thread and will keep posting all my threads under this.

โ€ข Go through this for super learning/value totally free of cost! ๐Ÿ˜ƒ

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
OPTION SELLING , OPTIONSTRATEGIES , CATEGORY
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
The absolute best 15 scanners which experts are using.

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX

Share for the benefit of everyone.

Listing all scanners from @Pathik_Trader Sir first.

1. Open

2. 80-20 Reversal Setup


3. Fake

4. Trapping Inside Bar (Positional Setup)
TECH , STOCKLEARNINGS , STOCKS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Short Straddle is the highest payoff strategy in Option Selling.

However, it comes with huge risks as well.

You become good at managing Straddles with adjustments.

Here's a step-by-step breakdown on them:

Collaborated with @niki_poojary

๐Ÿงต

1/ Longer-term short straddle:

If you're a fan of very big ranges for your trades, you'll get the biggest one in long-term options.

Long Term can be 3 months, 6 months, or a year away as well.

The only drawback with longer-term straddles is the slippage.

Example:


In the above example, in the March expiry, we have collected 1500 points in the 18000 Nifty Straddle.

This is actually low risk compared to the monthly or weekly Straddles.

Beginners:

Can try their hands at long-term options.

You'll get sufficient time to adjust and learn.

2/ Weekly expiries will have a very short range:

Higher risk.

Frequent adjustments.

Below is an example of a weekly Straddle in Bank Nifty.

Premium Collected: 700 points

Bank Nifty at times, moves more than this in a day.


Due to these small ranges, people prefer to do weekly Iron Fly instead of Straddles.

This takes care of the undefined risk in a small range in Straddles.

Also requires very slow and easier adjustments.
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Over the last 18 months, I have scaled my income to around โ‚น10,00,000 or 10 lakhs per week with drawdowns below 10%.

How?

@niki_poojary taught me how to form a weekly trading plan.

I'm going to share what I've learned in this thread.

Here's the simple 10 step process: ๐Ÿงต

1. Check on the daily chart if Bank Nifty is in a higher high or lower low:

A higher-high (HH) is a bullish pattern, it signifies that it is difficult for the market to go down.

If that has formed on the daily chart, the market will give all the surprises on the upside.


If the market is in a higher high mode, look for good opportunities to sell puts.

Usually, at a higher high, traders buy on breakouts and also buy the dips.

If you want a good Risk-Reward, you can sell puts on a dip. (Only if it's showing some reversal)

2. Take High Probability Trades

Simply knowing a higher high or lower low does not make money. It gives you a bias for the week.

Still, you should try to take higher probability trades that align with your view of the market.

This will get you consistency and a good mindset.

3. Support & Resistance

I would say Support Resistance is the most important and favorite thing for @niki_poojary.

She keeps updating these levels with charts on her Twitter handle during live markets daily.

Attaching some examples will do a detailed thread on this later.
ALL , TRADING

More from Markminervinilearnings

Mark Minervini
Mark Minervini
@markminervini
The majority of your problems will come from these mistakes...
MARKMINERVINILEARNINGS
Mark Minervini
Mark Minervini
@markminervini
4 keys to my success:
1. I wait for easy dollars while the amateurs fight for hard pennies.
2. I get aggressive when amateurs doubt the setups.
3. I take profits when amateurs get greedy and hysterical.
4. I religiously manage my risk while amateurs hold losers.
MARKMINERVINILEARNINGS
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Mark Minervini
Mark Minervini
@markminervini
Make no mistake, CONSISTENT big returns require:
1. Concentrated positions
2. High turnover
3. Small losses
4. Nailing down decent profits into strength
5. Never letting good size gains turn into losses
6. Defending breaking
7. Maintaining a positive reward/risk relationship

#6 should read "defending breakeven point"
MARKMINERVINILEARNINGS
Mark Minervini
Mark Minervini
@markminervini
None of the attributes like discipline, persistence, consistency or hard work are going to do you any good if you are all over the place and haven't first defined your style and committed to mastering it at the expense of being a mediocre jack-of-all trades. #avoidstyledrift.
MARKMINERVINILEARNINGS
Mark Minervini
Mark Minervini
@markminervini
When you stop being angry because things didnโ€™t work out as planned and you embrace the process, you begin to see the lessons and the path to success. Then you are empowered! Everything is valuable because everything is a teacher. Accepting this opens the door to possibility.
MARKMINERVINILEARNINGS

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Mitesh Patel
Mitesh Patel
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How to sell option?
Here let me explain through simple math.
Say BN at 30000
30000 straddle trading at combine premium 800 ( based on current volatility)
Put at 400
Call at 400
You donโ€™t know direction. Sold both.

If move will not come than both will decrease gradually.

At day end it will come down to 720-740 if move will not come. Difference is your profit.

Now case 2:
Move started.
At one points combine premium will start increasing.
Say 810.
Exit immediately. No need to do adjustment.
Let market settle.

Sell again straddle once market settle.
Now repeat same thing.

Straddle selling webinar over.
Good luck.

One can keep SL 550 for both strike to escape from sudden movement.
OPTIONSLEARNING , MITESHOPTIONS
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(An extract from Field Marshal Sam Manekshaw, Soldiering with Dignity)

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1899, his father recently qualified as a doctor and just married, could make no professional headway in Bombay, and was advised to try his luck at Lahore in the Punjab. With his young wife, he set off by train for Lahore. The long dusty and hot journey took five days and by the+


end of it, his young wife, who had never left the comforts and civilization of Bombay, was in hysterics and cried to go back. Poor Dr Manekshaw did all he could to comfort her, but as the train steamed into Amritsar, with her first sight of the Sikhs the young bride screamed her+

lungs out and refused to go any further. So they left the train at Amritsar, and there they stayed for forty-five years.

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KrishnaLeela
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๐ŸŒฟ๐‘ป๐’‰๐’† ๐’”๐’•๐’๐’“๐’š ๐’๐’‡ ๐’‚ ๐‘บ๐’•๐’‚๐’“ : ๐‘ซ๐’‰๐’“๐’–๐’—๐’‚ & ๐‘ฝ๐’Š๐’”๐’‰๐’๐’–

Once upon a time there was a Raja named Uttฤnapฤda born of Svayambhuva Manu,1st man on earth.He had 2 beautiful wives - Suniti & Suruchi & two sons were born of them Dhruva & Uttama respectively.
#talesofkrishna https://t.co/E85MTPkF9W


Now Suniti was the daughter of a tribal chief while Suruchi was the daughter of a rich king. Hence Suruchi was always favored the most by Raja while Suniti was ignored. But while Suniti was gentle & kind hearted by nature Suruchi was venomous inside.
#KrishnaLeela


The story is of a time when ideally the eldest son of the king becomes the heir to the throne. Hence the sinhasan of the Raja belonged to Dhruva.This is why Suruchi who was the 2nd wife nourished poison in her heart for Dhruva as she knew her son will never get the throne.


One day when Dhruva was just 5 years old he went on to sit on his father's lap. Suruchi, the jealous queen, got enraged and shoved him away from Raja as she never wanted Raja to shower Dhruva with his fatherly affection.


Dhruva protested questioning his step mother "why can't i sit on my own father's lap?" A furious Suruchi berated him saying "only God can allow him that privilege. Go ask him"
RELIGION
Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh ๐Ÿ‡ฎ๐Ÿ‡ณ...
@AnuSatheesh5
Stories of Guruvayurappan
Shri Krishna Leela

This is a beautiful story of Guruvayurappan. Once there lived in Guruvayur a poor family. Kitta, his wife & kids were struggling for their daily needs. With only a coconut tree in house, he earned a living by selling coconuts.


Kitta was from a low caste family. He was a great devotee of Guruvayurappan. Everyday before going to work he always prayed infront of a picture of Guruvayurappan in his house. His only wish was to worship at Guruvayur & have annadanam in temple. But he was not allowed there


It was Utsavam time in Guruvayur. From far behind kitta and family worshipped Guruvayurappan. Annadanam was given daily and no one was left empty stomach. Only Kitta didn't receive. That night, it was only Kitta's family who was sleeping without food. After temple nada closed


Shri Krishna, dressed himself as a Brahmin went to temple Kitchen. He packed food and went directly to kitta's house. Reaching Kitta's house, Shri Krishna told he was sent by a cook of Guruvayur temple and gave them the food he packed. Kitta and family was very happy seeing food.


When Kitta finished his food, Brahmin asked it will be better if he get a tender coconut( karikku)to drink. Kitta climbed the tree and gave all coconuts to him. After having 1 tender coconut, the Brahmin asked to bring remaining coconuts to Guruvayur temple the next day.
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