Statisticians like me say CORRELATION ISN'T CAUSATION but that's not the whole story.

There are at least FOUR different scenarios!

A thread. 🧵

1. CORRELATED BY CHANCE. There's always a possibility that variables will correlate by chance. If you have a lot of data, you're almost certain to get a few high correlations. You will know you're in this situation if the same variables are much less correlated in new data.
2. CORRELATED DUE TO STRUCTURE. Clocks are correlated with each other but there's nothing about Clock A that can be changed in order to cause a change in Clock B or vice versa. There is no third thing you can change that will cause both clocks to change. There is no causation.
You might be tempted to say that the clocks have the common cause of being created by humans. Imagine two random stars that have a cyclical change in brightness every 24 hours. They will be correlated as well. It's not about who created them. It's about their similar structure.
3. MURKY CAUSATION. In the simplest case, if A and B are correlated and there is some causation then this could mean that A causes B, B causes A or some third thing C causes both A and B. In the most complex case, there could be complicated feedback loops between A and B.
In these cases, when we say "correlation isn't causation", what we mean is that we can't identify exactly what kind of causation there is but there is some.
4. EVEN MURKIER CAUSATION. A and B might not be related at all in the real world but something about your data collection may have caused data about A to be related to data about B. Technically, you could say you or your data collection are the cause of the correlation.
However, in the context of the original variables themselves and the real world, A is not causally related to B.

Hope this was educational! 🧵

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**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)

Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI


Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.

Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.


The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.

Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.


In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.

And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

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