The only way you can capture this whole move is by following the price where it goes, trailing your SL. Any attempt to prempt, and you would be out

SAR trades can capture the whole move.

#INFY - Expecting a 13 wave move of which 11 are done..

Drop to 1525-1500 for wave 12

Previous expectation was drop to 1400-1440 but that might still not happen.

#Bitcoin #BTC - Break of lower channel support at around 16500-17000 shall take it to 1750-1800

Massive price erosion in cryptos a very likely outcome. This shall spill over to equities as well but not to same extent.

** MEGA THREAD ON INVESTING **

I was thinking about what kind of resources I'd want to have if someone has to start learning investing right now, the ones I wish I had two three years back.

This thread is a compilation of the best resources I have come across. 👇👇👇

Let's start with ** BOOKS **

1) The Intelligent Investor - Ben Graham :

Classic book, suggested by investors all over the world. Start with this book.

2) One up on Wall Street

Peter Lynch covers his strategies to find 10 baggers, and describes how an average Joe can do as well as the pros with simple methods and rock solid discipline and consistency backing it.

3) Common Stocks Uncommon Profits

This is a Phil Fisher classic.

It's on the other end of the spectrum as the book dives into a deep qualitative approach in value investing rather than being fully quantitative like Ben Graham's.

4) Security Analysis

Another book by Ben Graham that dives deep into analysing and understanding the valuations of any company you pick up to study.

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

Most members of the trading community are not proficient Twitter users.

Here are 8 effective methods to use Twitter:🧵

Collaborated with @niki_poojary

1. Use lists

The most powerful technique to completely transform your Twitter experience is using Lists since:

1) it eliminates irrelevant tweets and
2) concentrates more on what you are actually looking for.

Let me demonstrate.

Segregate people you follow into different lists.

I have a list of "Regular Trade Updates," for instance.

In order for me to study them later, this concentrates on handles that share trades.

Some traders I have on this list include-
@niki_poojary
@RijhwaniSheetal
@YMehta_

2. Mute trolls

• Some handles genuinely spew hate over their timelines.

• Completely pointless in terms of improving you.

• Muting these handles and a few more that don't provide value is the wisest course of action.

• I block and mute people without mercy.

Can also mute "specific words".

To improve his Twitter experience, @Atulsingh_asan Sir muted these words, as you can see.