Shankaracharya went to house of Mandan Mishra to debate with him, but he found the door locked so he took alternate way and went in
Don't act smart with Shankaracharya, you will get roasted...
This is a very interesting story from ShankarDigvijaya where Mandan Mishra tries to insult Shankaracharya but gets insulted in return.
Shankaracharya went to house of Mandan Mishra to debate with him, but he found the door locked so he took alternate way and went in
On seeing Shankaracharya
Mandan(angrily)- From where did you come, you bald fellow?
Shankar - I am bald till neck.
(He said कुतो मुण्ड्य Shankar took meaning as, 'How far are you shaven?' so he replied till neck. )
Shankar - Then what did the way reply?
(Mandan ment "I asked about your way" (From where did you come?) Shankar twisted meaning as 'I asked your way' so he said "What did the way reply?")
Shankar - But you asked it, it must be talking about your mother not mine.
Shankar - No Alcohol is white not yellow
(He said अहो पीता किं सुरा? Here पीता has two meanings, drunk and yellow, Shankar twisted the meaning as yellow and said no it was white not yellow.)
Shankar - Yes I know the colour but you know the taste.
Shankar - True, just like his father, your child born from you is a poisoned meat eater.
2 "Poisoned meat eater was born from me"
Shankar twisted the meaning and took second meaning.)
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A THREAD ON @SarangSood
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
