I gathered FREE tools for Traders.

Save ₹10,000 per month and 10+ hours each week.

Here's what they are:

Collaborated with @niki_poojary

🧵

A THREAD on . . . .

How @ITRADE191 selects strikes to trade in and how he follows risk management.

Short thread explained via pictures with the help of @niki_poojary.

1. At the start of the week

i.e. on Friday and Monday, DJ Sir prefers to sell OTM options of 50 rs premium in Nifty.

- ATM options won't decay a lot at the beginning
- With this premium reward is good
- Since these strikes are 4-5 strikes away they are relatively safer

2. On Tue/Wed/Fri

He prefers to trade in ATM or near OTM options.

- ATM options have the highest theta decay
- Since there are only 2-3 days to expiry options sellers by default have a higher probability of winning
- Huge reward if market stays flat

3. Directional/Trending days

- Capture huge profit via ATM option selling
- Futures only where he has good conviction
- Even if doesn't trend much decay will be huge
- Only on days Tuesday to Thursday

4. Which series to trade options in?

- INTRADAY trades option selling is ONLY in weekly expiry
- Option buying for hedging is done MAJORLY in next week/monthly expiry
- This way we have time to adjust
- Theta decay slower than weekly

A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary

How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies

Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached

Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital

Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies

Important Concepts from Power of Stocks— Subhasish Pani

7+ years of trading experience in 14 tweets🧵

Collaborated with @niki_poojary

1/— Inside Candles

Inside Candle, breakout strategy has very good accuracy.

There are two candles in the inside candle, the mother candle, and the baby candle.

He trades the breakout of the high/low of the baby candle with the opposite level as a stop loss.

When to pyramid the trade if it goes right?

The next level to add more quantity is the mother candle's high or low, depending on a breakout or breakdown.

The stop loss will remain the baby candle low during a breakout and vice versa during a breakdown.

2/— Big Gap up

If the market is bullish, next day if it opens a big gap up then the buyers are already in profit.

Most traders don't want to see their MTM reduced in such times.

Wait for the first red candle and short the first 5 min red candle with a day high stop.

The R:R is too good in such setups.

There are multiple videos of him catching the day high with this setup.

Everyone's looking for selling puts and he makes money selling calls.

Stop wasting hours choosing platforms to use.

Charting: @tradingview
Strategy Builder: @opstra
Historical Data: @iChartsIndia
Basics: @ZerodhaVarsity
Scanners: @ChartinkConnect
Events: @Investingcom

Start working.

How to manage risk in Option Selling?

10 frameworks to improve your risk management in 1 month:

Collaborated with @niki_poojary

In this thread you'll how to manage risk with:

1. Directional markets
2. Range-bound markets
3. Mtm stop loss
4. Booking profits
5. Overnight hedging
6. Event Risk
7. Position Sizing
8. No leverage
9. Reducing positions when wrong
10. Calculating risk upfront

Let's go ↓

Directional markets:

There is no point in the market being directional and you adjusting a non-directional trade.

As a general rule, you should only adjust once or maximum twice and then give up on firefighting.

Then you should side with a directional move.

Mistake of a non-directional trader:

Non-directional traders face heavy losses in directional markets.

If you are able to limit your losses in such scenarios, your risk management will improve.

The "I can adjust any move" mindset has to vanish for this to improve.

Big Range:

Moves in a big range are usually violent, and this is where non-directional traders lose money despite the fact that they are correct in assuming that the market is range bound.

Level-based stops work best in such an environment with reduced quantities.

Shakuni is considered a villan in Mahabharat, some one who was responsible for Vinash of Kuru Vansh. But y was he after Kuru Vansh when her own sister was maharani of Bharat Varsha at that time. A story many dont know.

When Gandhari was born in her a Kundli there was a yog that her first husband would die & 2nd one would survive. Hence Gandhari's first marraige was done with a goat was later sacrificed removing the dosh in her Kundli.

Gandhar king got the proposal of Dhritrashtra for Gandhari. Gandhari got to know about blindness of Dhritrashtra & yet accepted the marraige proposal to keep the word of her father. Shakuni was unhappy with her beloved sister marrying a blind king.

After marraige when Dhritrashtra got to know that Gandhari had the Mrityu dosh in Kundli, the army of hastinapur attacked the Kingdom of Gandhar & making all male members of Gandhar vansh bandhis.

The Gandhar King's family was hardly given anything to eat with one serving of rice to entire clan. The family decided to feed their heir Shakuni who cud live & destroy the Kuru vansh.

@nramind The @the_hindu has reputation? No. That's not true. Oh Wait I am not saying this, Denmark ambassador to india says this.

@the_hindu The reputation of The Hindu is good that they printed a MEME against UP CM Yogi Adityanath as a poster of BJP TamilNadu welcoming him.

@the_hindu The Hindu appointed Nita Ambani as a professor of BHU but sadly Nita Ambani was not like Nidhi to fall for it.
Reputation? 😂😂

@the_hindu Congratulations on getting Certified as Fake News spreader. That's some legacy 😂

@the_hindu @the_hindu turned a clash between BJP and RLD supporters to between BJP supporters and Farmer just to prove that BJP is against farmer.
Reputation? 🤔

PFIZERLEAK: EXPOSING THE PFIZER MANUFACTURING AND SUPPLY AGREEMENT.

(thread)

Background:
Pfizer has been extremely aggressive in trying to protect the details of their international COVID19 vaccine agreements.

Luckily, I've managed to get one.

#PfizerLeak
#Pfizer

Because the cost of developing contracts is very high and time consuming (legal review cycles), Pfizer, like all corporations, develop a standardized agreement template and use these agreements with relatively minor adjustments in different countries.

#PfizerLeak
#Pfizer

These agreements are confidential, but luckily one country did not protect the contract document well enough, so I managed to get a hold of a copy.

As you are about to see, there is a good reason why Pfizer was fighting to hide the details of these contracts.
#PfizerLeak
#Pfizer

First, let's talk about the product:
The agreement not only covers manufacturing of vaccines for COVID19 and its mutations, but also for "any device, technology, or product used in the administration of or to enhance the use or effect of, such vaccine".

#PfizerLeak
#Pfize

If you were wondering why #Ivermectin was suppressed, well, it is because the agreement that countries had with Pfizer does not allow them to escape their contract, which states that even if a drug will be found to treat COVID19 the contract cannot be voided.

#PfizerLeak
#Pfizer

The Olympic Games are controversial.

They're amazing for unity & entertainment.

But they're a horrible business.

THREAD: A story of billions in costs, misaligned incentives & crippling debt. 🧵

172%.

Any guesses what that represents?

That number is % over budget.

Since 1960, the Olympics have run over-budget by 172%.

And no Olympics have ever run under-budget.

The Olympics have the highest cost overrun of any mega project in the world.

Olympics: 172%
Mega dams: 90%
Trains: 45%
Bridge & tunnels: 34%
Roads: 20%

The 2021 Tokyo Games is no exception.

2013: bid projected $7.4 billion of costs

2019: official budget of $14.6 billion

2020: budget revised to $15.4 billion

2021: government auditors project total spending will be $28 billion.

Tokyo is the 2nd most expensive Olympics ever.

At $28 billion, it's more than the GDP of:

- Uganda
- El Salvador
- Iceland
- Jamaica
- Madagascar
- Fiji