$TSLAQ Instead of having an accrual palooza, I will dribble these out as I have time and available information. The first account to be reviewed: Automotive Leasing Revenues. The remainder of the planet calls this Sales-Type Leasing (ASC 842.) (1/n)

THE TRADER'S EDGE: THINKING IN PROBABILITIES

Casinos make consistent profits day after day and year after year, doing something random

At the same time, most traders believe that the outcome of the market's behavior is not random,yet can't produce consistent profits

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What casino owners ,professional traders know is that probable outcomes can also produce consistent results if you " Have an edge" and trade on a large enough sample size.

The best traders treat trading like a numbers game.

1. To illustrate, let's look at the game of blackjack-

In blackjack, the casinos have approximately a 4.5-percent edge over the player.

This means that casinos will make profit over a large enough sample size, even after several winning streaks and big profits of many players.

At the end of the day, week, month, or year, the casino always ends up with approximately 4.5 percent of the total amount wagered.

That 4.5 percent might not sound like a lot, but let's put it in perspective.

Suppose a total of $100 million dollars is wagered collectively at all of a casino's blackjack tables over the course of a year. The casino will net $4.5 million.

What casino owners and pro traders understand about the nature of probabilities is that each individual hand played

1/x Vanna is back & ready to turn back on the charm! Overnight the market hit our weeklong target of **3705 and pulled back... We were able to take profits & play for a bit of morning digestion. It’s been a nice +3.5% in a week w/a few extra scalps along the way...But the best

2/x part has been the gift of Vol compression, which along w/ short Vol profits, has given us significant calendar expansion & dispersion opps, as predicted. I expect this to continue this week as well, as Ivol oversupply should continue to be the dominant force until 12/11.This,

3/x paired w/ the significantly increasing Vanna & Charm flows, will make it hard for any decline until 12/14 to catch meaningful momentum. This said, the narrowing of 20 day RVol as well as the 2 stddev of the 20 day just overhead should cap any rallies, given the dramatically

4/x overextended retail (8-day SMA of P/C equity is the lowest in 20 years) & institutional positioning. This push/pull, should ultimately keep the market fairly pinned this week...Jan 8th call’s on back are incredibly cheap w/ a GA runoff event straddle of only $55, which given

5/x the potential macro-cyclical consequences of the next 2 years of fiscal stimulus seems absurd...& In terms of a more short term trade,Tesla Vol is either too high or 12/18 on back calendar spreads in the SPX are too low, as there’s no premium being priced in for the inclusion

There are more than 5,000 YouTube channel related to stock market learning.

These are Top 5 underrated YouTube channel that will definitely help you in trading and investment.

1st one is our favorite, and you shouldn't miss subscribing to it.

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1/ KA Charts:

This channel belongs to our mentor @KA_charts who has helped us immensely in the stock market, haven't seen anyone yet who understands and read PRICE ACTION.

He handles a fund size of more than 300CR.
One of the best YouTube

2/ Strategic Stocks:

This channel is highly underrated, this channel backtests all the popular strategies of all the top twitter traders for eg 5EMA of Subhashish Sir, Ghanshyam sir 9:20AM option strategy, every top free strategy out there is

3/ Power of Stocks - Subasish Pani

Do we even need to tell you guys anything about this man. We have all seen his journey from making 2000-4000 a day to now making 1 CR a day. Genuine skin in the game guy.

4/ TastyTrade:

Everything about Future and Option Trading is being shared by them. It can be a complete library for a trader who want to learn F&O trading. If you want to understand the vast of world of options look no further.

Knowledge sharing initiative Book 3: "Zurich Axioms" by Max Gunther

The book crystallizes how to think about taking investment bets (position sizing), and how to reduce risks in investing & speculation. It focuses on teaching a balance between rewards & risks.

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Here are the key takeaways from the book:

1. Take sizeable bets in life: Taking small bets will give you a good night's sleep as you have very little to lose, but the important point is "it won't ever make you rich".

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2. Taking size-able risk is necessary to get rich but make sure you don't go bankrupt taking that risk.

3. Don't diversify too much as gains & losses will nullify each other.

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4. Be less greedy to make money - Book some profits when you see a sudden huge increase in wealth - fear of regret will stop you from booking profits but don't be greedy as consistent streaks of lucks are rare in life.

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5. Cut losses when you go wrong don't start praying that your losses will recover rather act quickly take some loss and sell out.

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