BC TRADING
Saved by @ThomassRichards

1/10 I detest Warren simply b/c she's an inconsistent, low IQ, lying opportunist, & her "wealth tax" idea. What the majority of her stans fail to realize is that wealth doesn't mean money. Now she's on the wagon attacking retail investors-plebes. How do her actions hurt farmers?

 2/10 Let's start w/ wealth tax. I believe I'm wealthy, but not in the financial sense. I have a loving family, patriarchs who taught me self reliance & the value of hard work, I've worked hard to get a good job, I have the most amazing fiance, I could go on but this is my wealth.
3/10 Yeah, we have acreage, cattle & goats, flocks of chickens, tracts of crop land & a fleet of 50+yo equipment/implements that have been purchased & repaired, then repaired again. We make modest salaries from our day jobs & are fiscally responsible. Farming isn't get rich quick
4/10 though, it's a break back life that sees you lucky to break out 15% in the black on your yields averaged. How does this wealth tax idea impact us? We already pay property taxes, fuel taxes, personal property tax on some equipment, income taxes when I report sold livestock &
5/10 crops, income tax on land leased to other folks, capital gains are applied to leased land too, then we have to title & tag the farm trucks that touch the road in any capacity, sales tax on supplies, feed & seeds, then sales tax IF I need to buy goods back. At the end of the
6/10 day that doesn't leave much of a profit margin, so thankfully we have good paying full time professions. How does the wealth tax impact this? Wealth isn't money, it's your assets. Bezos may take an annual salary of $80k from Amazon, but his "wealth" is tied up in assets.
7/10 As you can imagine, we have a lot of assets on the farm. The majority of these were either handed down or purchased 2nd, 3rd, even 6th hand for cheap & fixed. My 1941 Farmall is an asset, despite having to split the case & fix the engine, it's seen as wealth.
8/10 I'm also a musician, so my assets include (as I put on insurance forms) the antique guitars handed to me from my dad, or the Gibson I saved & bought 7 years ago. All assets, all taxable in her eyes. My '71 Ford F-100 that we never leaves the pasture? Taxable asset.
9/10 So apart from taxing indiscriminate wealth we want to punish, as outlined by her, the plebe retail investors who played by the rules of these investors & won. It's ok when folks who back & donate to you do it, but when somebody like me plays to increase financial wealth
10/10 & roll that over into my other stocks, ETFs, & crypto it's a crime. The concern was liquidity on the side of these clearing houses, but it's the credit card fallacy; if you don't have the money don't spend it, & if you don't have the shares then don't sell them.
BONUS: It's my hard earned money, I'm entitled to invest as I see fit. She's not freaking out that I take on the financial gamble of raising blind calves to sell as beef. Or purchasing 10dz quail eggs to incubate & hope enough hatch & survive to adulthood to sell. Same risk.

More from Trading

Sajal Kapoor
Sajal Kapoor
@unseenvalue
On this auspicious day of #GuruPurnima, happy to share an easy to read and an exceptionally worthwhile investment. I plan to make a thread that will hopefully help us invest and live better. Thank you @awealthofcs 🙏🏻


Experience has taught me that less is always more when making investment decisions. Simplicity trumps complexity. Conventional gives you much better odds than exotic. A long-term process is more important than short-term outcomes.

And perspective goes much further than tactics. Tactics are useless to investors in a matter of days—sometimes in a matter of hours. But perspective is something that stays with the investor for a lifetime. It allows you to adapt to the changing market and economic landscape.

While keeping it simple won’t make it any easier to predict the future—no one has a crystal ball—it can give you the necessary capacity to make rational decisions, no matter what happens next.

Perspective is so important because, without it, even the most intelligent of investors can be ruined from a lack of self-awareness in their own abilities. Investors that fail to put the news or market moves into the proper context....[1/2]
TRADING
Prashant Shah
Prashant Shah
@Prashantshah267
Thread: Parabolic SAR Indicator

Parabolic SAR (PSAR) indicator was developed by J. Welles Wilder.

#PSAR #Indicators #Definedge


The calculation of this indicator is a bit complex, but the concept is extremely useful. I will try to simplify it and explain the logic. I will briefly explain the concept, calculation and reading.

Let us think about creating an indicator that shows the trend.

Using the indicator, we can identify & ride the trend using the trailing stop-loss method.

For trailing the stop in uptrend, indicator needs to be placed below the candle. Similarly, it should be placed above the candle for trailing in a downtrend. We will plot it using ‘dots’.


So, the indicator & stop-loss will be rising in uptrend & falling in downtrend.

Let us define the trend as:

If Low of the candle > Stop-loss level in bull market = Trend remains bullish.

If High of the candle < Stop-loss level in bear market = Trend is bearish

Imagine you are driving a car on highway; you would like to accelerate if the road is clear. You will slow down if the road is bumpy.
TRADING
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Jig's Patel
Jig's Patel
@jigspatel1988
Thread on Short straddle with adjustments:

Short straddle is non-directional strategy

Selling same strike price CALL/PUT option same underlying with same expiry.

Nifty Spot at 14353, So you can sell 14350 CE as well 14350 PE of 14 Jan. Expiry.

(1/n)

*RETWEET for max response

Bullish short straddle: Selling 14400 CE and 14400 PE of same expiry.

Bearish short straddle: Selling 14250 CE and 14250 PE of same expiry.

You can sell straddle as per your market view.

If you are natural view sell CE and PE at ATM strike.

(2/n)

Short straddle has limited profit potential (only premium) and unlimited risk without adjustment.

In Example, Short straddle of 14350, Breakeven is (14131.0-14569.0), need 1.7Lac Margin to sell straddle.
Maximum profit: 16k and Loss: Unlimited, Winning probability: 50%

(3/n)


If market staying near at 14350 then win. Probability increase slowly. Rewards also increase slowly.

Volatility(IV) is also play important role in selling straddle, Like If IV increase so straddle premium increase and IV cool off so premium casually comes down.

(4/n)

Short straddle adjustment:
https://t.co/59Lr64kEtK way to limit the overnight risk.
Convert short straddle in Ironfly, its nothing we have to add long strangle in short straddle it become Ironfly. It gives the good Risk Rewards.

(5/n)
TRADING
Aditya Trivedi
Aditya Trivedi
@itsAdityaT
Most of the successful traders here are option sellers.

Ever wondered why?

Why we have chosen option selling?

Find our below

1: Being wrong and still making money.

We as option sellers can be wrong with our market view and still end up making money because of the power of theta decay and adjustments to some extent.

Adjustments work better as get closer to expiry since decay is the highest.

2: Theta decay

The biggest reason and one of the prime reasons is the theta decay.

Option sellers always have an advantage because the as time passes, the option premium falls even if the underlying instrument doesn't move.

3:Playing directional view

Option selling also enables us to take a directional view. In fact, directional view along with theta decay makes it a solid combination.

Debit spreads and credit spreads works great for a directional view.

4: Playing Neutral view

We can make money in option selling even if the market doesn't move as the otm options will go to 0 with the help of theta decay. It's the most fascinating thing.

This is what attracted many into option selling.
TRADING
Varsity
Varsity
@ZerodhaVarsity
A 🧵on the basics of block and bulk deals.

Block and bulk deals are large purchases of stocks by investment banks, mutual funds, hedge funds, pension funds, FIIs, and promoters. Tracking block and bulk deals can help give you a sense of what these large players are thinking.

A single transaction where shares more than Rs 10 crores or the number of shares traded are more than 5 lakh is considered a block deal.

Block deals are carried out in separate trading windows. This trading window operates in two shifts of 15 minutes each:

Morning trading window from 8:45 AM to 9:00 AM.
Afternoon trading window from 2:05 PM to 2:20 PM

Block deals happen in different windows to reduce volatility and sudden price movements. Given that they are traded in a separate window, they do not show up on the volume charts.

Brokers facilitating the transaction are required to inform the exchange. You can track bulk and block deals on NSE & BSE:
https://t.co/pwTyzWTnUL

https://t.co/g9BbHiEag3
FINANCE , MARKETINFO , BLOCK DEALS

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Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
GHATI SUBRAMANYA, DODDABALLAPURA (KAR)
#bharatmandir

One of the most important place for snake worship.
The murtis of Kartikeya and Narasimha are self-manifested.
There is an anthill which is opposite the shrine. Bhaktas pour milk on it as part of rituals.


Here Subramanya performed penance in the form of snake. He sought protection from Narsimha for Nagas from Sri Vishnu’s vehicle Garuda, known for his dislike towards serpents.
The Pushya Suddha Shasti is one of the biggest festivals here believed to be appearance day of Subramanya


It was in this region where Subramanya vanquished Ghatikasura, the demon. Hence called Ghati Subramanya.
Childless couples visit here to seek blessings for getting a child.
The installation of snake murtis near the shrine is believed to be an auspicious act.


The murti of Karthikeya with a seven headed cobra faces eastwards while Narasimha faces westwards.
To ensure that both are visible to bhaktas at the same time, a huge mirror is placed in the rear in the sanctum sanctorum.
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@NiveditaNarayan
Remembering the Bengali scientist Dr Subhash Mukhopadhyay- the Pioneer of IVF in India, the creator of India's first and world's second child using IVF on his birth anniversary. The Father of IVF in India who was rewarded with suicide was born on 16.01.1931in Hazaribagh.
#Thread


Dr. Subhash was the son of a doctor and studied at the National Medical College in Kolkata after completing his schooling. Fascinated by innovations in gynaecological surgery from his early days as a medical student, he completed his PhD in reproductive physiology +


from the University of Calcutta before going to the Edinburgh University in UK for a PhD in reproductive endocrinology. On his return to India in 1978, he started researching ovulation and spermatogenesis. Soon after, he teamed up with Sunit Mukherji, a cryobiologist +


and Saroj Kanti Bhattacharya, a gynaecologist, to work on a method of in-vitro fertilization for a patient (Bela Agarwal) with damaged fallopian tubes. +


Mukhopadhyay with a double PhDstarted work on IVF techniques in the mid 60s and created history by becoming the first physician in India and second in the world after British physicians Robert Edwards and Patrick Steptoe) to perform the In-vitro fertilisation. +
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신념의사나이...
@Belposto_korea
The RV and the Redemption Funds.

ALL Exchanged Currencies as well as all Zim Redemption funds will be placed in the accounts they set up in the Quantum Financial System./1

Absolutely none of these funds will be placed in a Bank at the redemption appointment. Bank computers cannot be programmed to transfer Digital Gold Certificates./2

The QFS can and will transplant funds into a bank account as has been explained earlier,/3

so a person can transfer funds to their own bank account but the desirability will become less and less as the banks go into receivership and their customer’s deposits are confiscated to avoid the Bank’s demise./4

Which bank can compete with the QFS when the QFS is free, secure, private, and stable? One of the major problems in the transition will be the use of Debit Cards for merchant purchases. Will VISA or Mastercard be available?/5
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
LACHIT BORPHUKAN : AN UNSUNG WARRIOR OF THE AHOM KINGDOM & THE GREAT BATTLE OF SARAIGHAT

Originally named as Lachit Deca, Lachit Borphukan, the fierce and invincible Ahom Commander, was born during the early 17th century at Betioni in the Golaghat district of modern Assam.


His father, Momai Tamuli Borbarua was the ‘Governor’ of the kingdom and also ‘Commander-in-Chief’ of Ahom army under King Pratap Singha during his reign starting from 1603 to 1639. Lachit received military training from an early age and joined the Ahom King Jayadhvaj Singha...


...(1648-1663) as a scarf-bearer.  The post ‘scarf-bearer’ or ‘Soladhara Barua’ is considered as a part of the incumbent king’s personal staff. Owing to his military training Lechit was appointed "Ghora Barua", Supdt. of the Royal horses. When Chakradhwaj Singha became king..


..of Ahom dynasty in 1663,he appointed him Suptd. of The Royal Guards &finally he was appointed as Borphukan by the king.Then onwards,he was known as Lachit Borphukan.Borphukan used to be top councillor in Ahom Kingdom. This position was embedded with executive & judicial powers.


Assam was facing incessant Islamic invasion since Jan1662, when Mughal General Mir Jumla II attacked Ahom capital Gargaon. He never defeated Ahom king Jayadhwaja Singha as king retreated to hill &continued Guerrilla warfare.Prolonged fight &prospect of stalemate disturbed Jumla.
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Chuck Wendig
Chuck Wendig
@ChuckWendig
TRUMP: "I've decided to eat babies."

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NYT: "Trump Vs. Babies: The Rhetoric On Both Sides Must Stop"

Jeff Flake tweets: "It is a sad day in America when this callous man can eat babies live on TV"

Jeff Flake, 10 seconds later, votes to help him install a series of 4,000 new judges that are very, very pro-babyphagia.

Judge Kavanaugh, found drunk in a Capitol Hill closet: "I LIKE BEER. OKAY? I LIKE BEER AND I LIKE BABIES AND THAT'S NOT SO WRONG. THAT'S RIGHT. I LIKE BABIES DIPPED IN BEER. I JUST DIP EM. IN THE BEER. THE BABIES. THE BABIES I EAT. OKAY? THAT'S AMERICA."

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Trump: *eats tons of babies at a rally*

*literal tons of babies*
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