Long setup:
Trading a reversal using 3 bar Price Action
1. Bar 1 closes lower (Red)
2. Bar 2 closes below Bar 1 (Red)
3. Bar 3 closes above the high of both Bar 1 & Bar 2 (Green)
4. Buy at the close of bar 3
5. SL is low of Bar 3 & Trail SL
6. Decide position size as per risk
More from yashstocks
1/5
In equity funds, parag parikh flexi cap fund and mirae asset emerging bluechip funds are best. They have given superb returns in last 5 years.
Parag parikh flexi cap fund is diversified as it will invest in US stocks like Google, Facebook, Microsoft, Amazon along with Indian. https://t.co/RmoDMgXoRM
2/5
But one issue with this is if you exit before 2 years, there is an exit load of 2% in 1st year and 1% in 2nd year.
Mirae asset emerging bluechip funds stopped taking lump sum amounts and only can do SIP of Rs. 2500 currently.
3/5
But there is catch, you can do multiple SIPs in it, you can SIP on every day and still invest 75k in a month. I am doing this way only.
Coming to debt funds, ICICI prudential all seasons bond fund and hdfc corporate bond fund are good if consider 5 years performance.
4/5
In zerodha, all above 4 MFs can be pledged and haircut also very less just 7.5%. But you can use only 50% for positional margin, other 50% should come in cash or equivalent funds like gilt, liquid etc. For intraday, 100% can be used.
5/5
Nippon india gilt fund is also good, considering it will be cash component and only 10% haircut.
For tax saving, you need to invest in ELSS funds.
I invested in Quant Tax Plan and it gave 80% returns in just 273 days.
In equity funds, parag parikh flexi cap fund and mirae asset emerging bluechip funds are best. They have given superb returns in last 5 years.
Parag parikh flexi cap fund is diversified as it will invest in US stocks like Google, Facebook, Microsoft, Amazon along with Indian. https://t.co/RmoDMgXoRM
If I'm a layman in mutual fund territory N I wana invest Lumpsum of 1-2L N followed by SIP of 20k per month
— PythonTrader (Not a Python Coder) (@pythontrader999) August 6, 2021
1)Wat r the things I should look while scrutinising a MF
2)If I wana pledge it to broker so which kind of MF I should select @yashstocks@vishalmehta29@yogeshnanda1
2/5
But one issue with this is if you exit before 2 years, there is an exit load of 2% in 1st year and 1% in 2nd year.
Mirae asset emerging bluechip funds stopped taking lump sum amounts and only can do SIP of Rs. 2500 currently.
3/5
But there is catch, you can do multiple SIPs in it, you can SIP on every day and still invest 75k in a month. I am doing this way only.
Coming to debt funds, ICICI prudential all seasons bond fund and hdfc corporate bond fund are good if consider 5 years performance.
4/5
In zerodha, all above 4 MFs can be pledged and haircut also very less just 7.5%. But you can use only 50% for positional margin, other 50% should come in cash or equivalent funds like gilt, liquid etc. For intraday, 100% can be used.
5/5
Nippon india gilt fund is also good, considering it will be cash component and only 10% haircut.
For tax saving, you need to invest in ELSS funds.
I invested in Quant Tax Plan and it gave 80% returns in just 273 days.
(1/4)
12 to 15% is easily achievable nowadays without taking much risk even though the capital is 10 crores due to leverage :)
Invest 10 crore in liquid, debt, gilt, T-bills, 10-20% equity that will give 6 to 7% average returns every year.
(2/4)
Rest can be made by selling far otm penny options only on expiries. They are trading at good premiums due to leverage and can be easily manageable if goes wrong. Thus targeting only 0.15% returns in a week
0.15% x 52 weeks = 7.8%
6% in MFs + 7.8% in trading = 14% returns
(3/4)
Now comes the hard part, doing this every week without getting bored and without affecting one's psychology is the most difficult part. And since we start making money, we take higher risks which can eventually wipe out profits.
(4/4)
And those who think about blackswan event all the time can do it only call side. And it's purely intraday & only will be done on expiry days, so chance of Black Swan, that too on upper side is mostly impossible. If there is any case as such before, do let know in comments
12 to 15% is easily achievable nowadays without taking much risk even though the capital is 10 crores due to leverage :)
Invest 10 crore in liquid, debt, gilt, T-bills, 10-20% equity that will give 6 to 7% average returns every year.
What kind of % return in a year is considered very best with capital more than 10 cr?
— Mitesh Patel (@Mitesh_Engr) October 12, 2021
(2/4)
Rest can be made by selling far otm penny options only on expiries. They are trading at good premiums due to leverage and can be easily manageable if goes wrong. Thus targeting only 0.15% returns in a week
0.15% x 52 weeks = 7.8%
6% in MFs + 7.8% in trading = 14% returns
(3/4)
Now comes the hard part, doing this every week without getting bored and without affecting one's psychology is the most difficult part. And since we start making money, we take higher risks which can eventually wipe out profits.
(4/4)
And those who think about blackswan event all the time can do it only call side. And it's purely intraday & only will be done on expiry days, so chance of Black Swan, that too on upper side is mostly impossible. If there is any case as such before, do let know in comments
More from Stockslearnings
1/n
Dear @chartmojo
Out of curiosity, just gone through your timeline and prepared a data of your shared tweets in OCT'2020;
You will not believe the following numbers:
Charts shared = 29 (2 excluded due to splits)
Period = 8-oct to 30-oct'20
..
2/n
If min.10k invested on your each design, then
Amount invested in Oct'20 = 2.91 lacs
Present investment value = 4.72 lacs
Maximum drawdown = 9%
ROI = 62% in 200 days
Annualized ROI = 147%
**You ROCK brother**
...
I've prepared a sheet for all your Oct'20 tweets; It was so much learning on the charts as well as on the data-part; Please keep on the good work.
Sheet link:
https://t.co/8BJtMsOkBD
With regards,
Deepak
Dear @chartmojo
Out of curiosity, just gone through your timeline and prepared a data of your shared tweets in OCT'2020;
You will not believe the following numbers:
Charts shared = 29 (2 excluded due to splits)
Period = 8-oct to 30-oct'20
..
2/n
If min.10k invested on your each design, then
Amount invested in Oct'20 = 2.91 lacs
Present investment value = 4.72 lacs
Maximum drawdown = 9%
ROI = 62% in 200 days
Annualized ROI = 147%
**You ROCK brother**
...
I've prepared a sheet for all your Oct'20 tweets; It was so much learning on the charts as well as on the data-part; Please keep on the good work.
Sheet link:
https://t.co/8BJtMsOkBD
With regards,
Deepak
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Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
BREAKING: President Donald Trump has submitted his answers to questions from special counsel Robert Mueller
— Ryan Saavedra (@RealSaavedra) November 20, 2018
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
A brief analysis and comparison of the CSS for Twitter's PWA vs Twitter's legacy desktop website. The difference is dramatic and I'll touch on some reasons why.
Legacy site *downloads* ~630 KB CSS per theme and writing direction.
6,769 rules
9,252 selectors
16.7k declarations
3,370 unique declarations
44 media queries
36 unique colors
50 unique background colors
46 unique font sizes
39 unique z-indices
https://t.co/qyl4Bt1i5x
PWA *incrementally generates* ~30 KB CSS that handles all themes and writing directions.
735 rules
740 selectors
757 declarations
730 unique declarations
0 media queries
11 unique colors
32 unique background colors
15 unique font sizes
7 unique z-indices
https://t.co/w7oNG5KUkJ
The legacy site's CSS is what happens when hundreds of people directly write CSS over many years. Specificity wars, redundancy, a house of cards that can't be fixed. The result is extremely inefficient and error-prone styling that punishes users and developers.
The PWA's CSS is generated on-demand by a JS framework that manages styles and outputs "atomic CSS". The framework can enforce strict constraints and perform optimisations, which is why the CSS is so much smaller and safer. Style conflicts and unbounded CSS growth are avoided.
Legacy site *downloads* ~630 KB CSS per theme and writing direction.
6,769 rules
9,252 selectors
16.7k declarations
3,370 unique declarations
44 media queries
36 unique colors
50 unique background colors
46 unique font sizes
39 unique z-indices
https://t.co/qyl4Bt1i5x
PWA *incrementally generates* ~30 KB CSS that handles all themes and writing directions.
735 rules
740 selectors
757 declarations
730 unique declarations
0 media queries
11 unique colors
32 unique background colors
15 unique font sizes
7 unique z-indices
https://t.co/w7oNG5KUkJ
The legacy site's CSS is what happens when hundreds of people directly write CSS over many years. Specificity wars, redundancy, a house of cards that can't be fixed. The result is extremely inefficient and error-prone styling that punishes users and developers.
The PWA's CSS is generated on-demand by a JS framework that manages styles and outputs "atomic CSS". The framework can enforce strict constraints and perform optimisations, which is why the CSS is so much smaller and safer. Style conflicts and unbounded CSS growth are avoided.