🧵Top 20 best tweets of the week: 30th Oct 🧵

Thread's on:

• How to find targets and exit criteria?
• Shanon's Demon (Investing)
• Tradingview scanner- Intraday/BTST
• 90-degree angle inflection point for profit-booking
• Importance of Leverage

Other cool tweets as well.

1/

Get a cup of coffee.

In this thread, I'll walk you through Shannon's Demon.

This is an investing "thought exercise" -- posed by the great scientist Claude Shannon.

Solving this exercise can teach us a lot about favorable vs unfavorable long-term bets, position sizing, etc.

— 10-K Diver (@10kdiver) October 23, 2021

How to find out the expected targets and what should be the exit criteria when you enter a trade - \U0001f9f5

Possible ways to find out the target:

Check if any patterns forming - it gets quite easy to figure out the targets that way. (1/15)

— Sheetal Rijhwani (@RijhwaniSheetal) October 25, 2021

Trading view scanner process -

1 - open trading view in your browser and select stock scanner in left corner down side .

2 - touch the percentage% gain change ( and u can see higest gainer of today) https://t.co/GGWSZXYMth

— Vikrant (@Trading0secrets) October 23, 2021

The 90 degree angle inflection point in a stock is a signal to book profit

Lets understand with a recent example of a stock #IRCTC \U0001f683\U0001f68b

Time for a thread\U0001f9f5

— Nikita Poojary (@niki_poojary) October 24, 2021

Apply specific knowledge, with leverage, and eventually you will get what you deserve.

— Naval (@naval) May 31, 2018

Since creating the @Navalmanack, I\u2019ve been obsessed with the idea of Leverage \u2014 a mental model coined by @Naval.

Here is an overview:

L E V E R A G E \u2014 Thread #1: Introduction

— \u039eric Jorgenson \U0001f3103\ufe0f\u20e3 (@EricJorgenson) November 12, 2020

Going to share 5\u20e3cheapest stocks of #smallcap below 100 price of different sectors

Which fundamentals are excellent\U0001f60e

Can buy 30% of their portfolio in three support of smallcap index for 5 years

For 5X

10400/9600/8800

Searching among 1500 stocks

How many of you intrested\u26a1

— Vikrant (@Trading0secrets) October 25, 2021

ASAN investment strategy.#investing#ASAN pic.twitter.com/ba5zKZog1f

— ASAN (@Atulsingh_asan) October 24, 2021

Non cyclical vs Cyclical stock

-Non cyclical companies best for long term wealth creation,

-While Cyclical stock best for short term investment provided you have idea about exit and Entry.#ASAN#investing pic.twitter.com/w3TZOZhf5D

— ASAN (@Atulsingh_asan) October 24, 2021

If you track currency, bonds and commodities, you know exactly what is going on, and you can estimate with high conviction what will happen in equity.

— Learner Vivek Bajaj (@vivbajaj) October 27, 2021

Most people think only 'buy' and 'sell' are investment decisions. Not so.

Holding is also a decision.

Waiting is also a decision.

Saying 'no' is also a decision.

Doing nothing is also a decision.

— Value Investor Journal \xae (@VJ_Rabindranath) October 26, 2021

Someone moved $1 billion of Bitcoin last week and paid a $1.75 transaction fee.

Yet some people will still say it\u2019s worthless as they wait for their bank to open on Monday just so they can pay $30 to transfer $5,000 that won\u2019t get there for a day or two.

Disruption is coming.

— Joe Pompliano (@JoePompliano) October 23, 2021

Bas isbar bachalo... Next time se pakka SL lagaunga aur qty control me rakhunga.

If you come across this situation,

Time to exit your position right now...
Yes, it's "Right Now"

Take a break & redesign the plan , start small, increase position size gradually!

— The Masterchef Trader (@masterchefsd) October 27, 2021

\u201cIn bear markets, stocks return to their rightful owners.\u201d - J.P. Morgan

P.S - In the bear market, short term investors, traders, speculators and weak investors sell/forced to sell the good quality shares. All good quality shares are bought by smart and long term investors.

— Chander Bhatia (@ChanderBhatia01) October 26, 2021

My Passive Portfolio for next 3-5 Years

~ HDFC Bank
~ ICICI Bank
~ HDFC Life
~ Reliance
~ Bharti
~ TCS
~ HCL Tech
~ Tech M
~ Maruti
~ Thyrocare
~ NH
~ Lupin
~ Cadila
~ Indoco
~ITC
~ Dabur
~ Marico
~ Bajaj Consumer
~ Voltas
~ Oberoi

Will do SIP on Panic Days.

— Learning@ Prakash (@Prakashplutus) October 23, 2021

5 #trading rules from William O'Neil:

1) Cut losses at 7%.
2) Take most profits at 20-25%.
3) Let profits run for at least another 8 weeks if stock is up >20% in 3 weeks.
4) Wait for a follow through day to buy stocks after a market correction.
5) Respect CANSLIM.

— Julian Komar (@BlogJulianKomar) October 22, 2021

Good Morning Everyone! Remember this year:

- US stock market is up +21%.
- Housing market is up +15%.
- Bitcoin is up 119%.
- Inflation is up 5.4%.

Meanwhile, your bank account is up:

0.06%.\xa0

You can\u2019t just save. You need to invest.

— Genevieve Roch-Decter, CFA (@GRDecter) October 22, 2021

The greatest stocks are often called "overvalued" the entire way up

— Brian Feroldi (@BrianFeroldi) October 22, 2021

\u201cLiquid Crorepati\u201d is always richer, peaceful & happier than an \u201cIlliquid Crorepati\u201d

Liquid Crorepati - having a crore & above in Stocks.

Illiquid Crorepati - having a crore & above in Real Estate.

Invest wisely!!

— Kiran Singh Rajput (@Kiran24Rajput) October 25, 2021

Elon Musk has made more money in the last 9 months than Warren Buffett has in 91 years pic.twitter.com/V7KfWgkCj1

— Fintwit (@fintwit_news) October 26, 2021