BC TRADING
Saved by @WebbDarrrel

https://t.co/Cqqb7aLZVp

 Gold and silver have been total dogs these last six months. BTC has just outperformed. I attribute this to Wil Self and his Quantity Theory of Insanity.
That there is, after all, a finite set of molecules in the universe of alternative assets - the last hold out for those seeking diversification.
My interpretation is that investing in this sector is analogous to growing followers on my Instagram account - that just as one group’s starting to get it another are unsubscribing...
In this world, and maybe it’s just for the moment, but Peter gotta pay Paul, ‘cause there’s only a limited amount of sanity remaining in the world. So, when @ScottMinerd says theoretically BTC can go to $400k, i.e., 10 x higher than now...
I think that until the bomb goes off, that hypothesis requires XAU to go to zero Me? I’ve always figured that the only reason people go mad is because somebody’s gotta...right?
So, I think there’s been switching from gold and silver to BTC. I got friends who did this for sure, this cycle vs last time and I’m convinced the younger generation are all in BTC. I read somewhere that Grayscale Trust is one of the top ten securities bought by Millenials
...you got to think that if BTC existed back in the day, then I would have been buying such a bad ass in 2002. But back then, sticking it to the man meant buying the precious complex. Today we have variant pathways to insanity and all its turnpikes.
But the weird right here, right now, is the price action and correlations – if we do have to leave insanity city for a moment, then gold and silvers’ performance of late makes more sense
– they topped out when US real rates bottomed and have struggled ever since in being absolute/terrible vs SPX. Real rate comparison charts sans a Bloomberg terminal are a stretch but the gold TLT chart is not a bad stand-in
And yet BTC has surged, and from a pure macro perspective maybe that shouldn’t have happened? Shouldn’t performance be identical in terms of factor analysis?? I’m just asking the question...
Instead, of late, BTC has correlated with TSLA. Like
I said, borrowing from fields further away, BTC at this juncture, has the conscience temper of a savage autocrat spoiled by too much adulation...
The real test of your understanding and investment success is when you CAN buy something after it’s been kicked in the teeth by the mob rather than held aloft and carried high on the shoulders of an adoring mass. I’ll take my chances that BTC pulls back.
Talking of which, silver more than gold –a prize fighter in a corner is told, hit where it hurts yeah baby, silver more than gold... apologies Bono
The industrial narrative of the supply/demand balance in silver has switched and now works with us nutters and not against us like it did in the 2000s.
Retail’s always long. Good on you! But in the 2000s one of the main industrial applications for silver was photographic related demand which was declining as digital took over.
For those institutional investors that seek a leitmotif to justify their actions – me? I just buy things going up - it was almost impossible to get behind and properly invest in such a whimsical investment
– but now you need silver for solar power & the circuit boards in electric vehicles etc - Whimsical squared?  I think you’ve got a green light to be as mischievous as you dare be...
So BTC I’ll take my chances and await a moment of less idolatry - I got my SBH real estate after all and then gold for whimsy and silver for whimsy squared...bonne dimanche !

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
Peter McCormack \U0001f451
Peter McCormack 👑...
@PeterMcCormack
1/ Feels like a good time to tell the story of how I went from broke to a millionaire to broke again in 2017/18 again...

Yesterday was brutal for some people...

Losing life-changing money sucks, losing any money sucks...you can chase the market or you can change your strategy.

2/ The original thread is gone but you can read it here.

https://t.co/cLLNs75rB0

tl;dr
- Traded $32k to $1.2m
- Thought I was a genius
- Made poor investments
- Didn't conserve capital
- Peaked at 150 BTC
- Lost nearly all of it

2 weeks from losing my house + no income. Oops.

3/ I am going to assume you are in it for the money rather than the tech. Yeah, you might Tweet about the amazing blockchaining of cross-border payments and oracles yadda yadda...really, you are in it to make money.

If you are really in it for the tech, go and build something.

4/ Okay, so if you want to make money, trading is super hard, you are trading against:
- Better traders than you
- People who can move markets
- Unknown information

And if you are trading with leverage you might blow up your account with the volatility.

5/ If you are not trading, you are investing. Okay, so what are you investing in?

I made the decision that the crypto with the best opportunity of existing in 10 years is #Bitcoin:
- Solves a genuine problem
- The right tech
- A proven track record
TRADING
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
TradingView isn't just charts

It's much more powerful than you think

9 things TradingView can do, you'll wish you knew yesterday: 🧵

Collaborated with @niki_poojary

1/ Free Multi Timeframe Analysis

Step 1. Download Vivaldi Browser

Step 2. Login to trading view

Step 3. Open bank nifty chart in 4 separate windows

Step 4. Click on the first tab and shift + click by mouse on the last tab.

Step 5. Select "Tile all 4 tabs"


What happens is you get 4 charts joint on one screen.

Refer to the attached picture.

The best part about this is this is absolutely free to do.

Also, do note:

I do not have the paid version of trading view.


2/ Free Multiple Watchlists

Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free


3/ Free Segregation into different headers/sectors

You can create multiple sections sector-wise for free.

1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.

Kinda like how I did in the picture below.
SCREENERS , ALL , TRADINGVIEW
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵 Weekly Bank Nifty Analysis for 8th December Expiry:


To form a view, let's have a look at:

1. Multi-timeframe Technical Analysis
2. Option Chain Data

Also, 3 strategies to deploy for:

1. Aggressive Traders (2.6%)
2. Moderate Risk Traders (1.3%)
3. Low-Risk Traders (0.8%)


1. Technicals

Let's start by doing some basic technical analysis.

We'll look at:

• Weekly charts.
• Daily charts.
• Hourly / 60 min charts.
• 15 min charts.

1. Weekly-

• The market has given 4 continuous green closes, so not expecting a big momentum on upside.

• This week my view is that it can take a pause.

• Longer term trend is super bullish.

• Any dip will towards 41800 will be a retest, and should be used to go long.


2. Daily:

• Candlestick pattern—Hanging Man

• Chart Pattern—Breakout Failure

• A pin bar candle is very powerful but only after a downmove.

• Here it forms near the top of upmove.

• Means some sellers are present. Below 43000 can sell calls above 43600 for the week.
TRADING
Saurabh Bajaj
Saurabh Bajaj
@JigyasuInvestor
Saturday Thread Time.
Re-Read interview of Ed Seykota from @jackschwager
book "Market Wizards". It's the most philosophical interview among all interviews. Needs to re-read it over and over.
@vivbajaj Sir, a re-tweet would be highly appreciated.

1. Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible

2. The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

3. The profitability of trading systems seems to move in cycles. Periods during which trend-following systems are highly successful will lead to their increased popularity.

3.1 As the number of system users increases, and the markets shift from trending to directionless price action, these systems become unprofitable, and undercapitalized and inexperienced traders will get shaken out. Longevity is the key to success.

4. In order of importance to me are (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell.
TRADING

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WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
WHY BABUR NEVER TRIED TO ATTACK SRI KRISHNADEVARAYA ?

A🧵u must read

It is very well known that Babur considered Krishna Dev Raya as the strongest ruler of the entire subcontinent, and Vijayanagar empire the strongest during that time in India.

1/10


The Vijayanagar empire reached its peak during 1509-1529 around the reign of Krishna Dev Raya.

Vijayanagar’s famed elephant brigade 👇

2/10


At his command there were over 50000 elite troops with a regiment of Portuguese gunners and 3200 cavalry with 600 elephants.

3/10

Along with that more than four hundred thousand ( four lakh) peasant levies and irregular military made this empire one of the largest in all of South Asia.

A typical Vijayanagar levie soldier 👇

4/10


During Baburs invasion, Krishna Dev Raya ruled supreme in all of deccan.

In fact, in an all our brawl, Krisha Dev Raya will beat Babur fair and square.

Babur could muster at max 50000 troops with 50 canons.

While Krishna Dev Raya had these numbers in Hampi alone

5/10
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
OPTIONSLEARNINGS , OPTIONSBASICS , OPTIONSLEARNINGSSARANGSOOD
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Simon DeDeo
Simon DeDeo
@SimonDeDeo
One thing that goes unremarked about Wikipedia: the vast majority of the content was written over 12 years ago—which means (given turnover) that the editors dominant today were not directly involved in that creation.

Put another way, the editors who built the dominant nodes in this network...


...have little overlap with the ones who made this much more recent managerial flowchart.


Internet time runs at hundred-fold speed—the difference between the people who painted what's in the Uffizi, and the people in charge of keeping those paintings from deteriorating. Very different tasks, and (one presumes) very personalities as well. @PaulSkallas?
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Ottoman History Podcast
Ottoman History Podcas...
@OttomanHistory
Here is a special thread introducing our series on “The Making of the Islamic World.” It offers 10 episodes about the transformation of Islamicate societies between the 7th and 17th centuries. You can find the series page here: https://t.co/7mL9eWmMmz


This is Chris Gratien posting. I created this series during Fall 2020 for my students as asynchronous material supported by readings and discussion. This is going to be a long thread, but it will be a great shortcut for those looking to make similar use of these materials.

There are two items worth pointing out: 1. This is an overview of the political, social, and cultural history of Islamicate societies. It does not deal with the origins of Islam or many theological questions. It does discuss Islam’s spread and the transformation of Islamic law.

2. This is the first part of a two-part sequence that takes the history of the Islamic world into the present. It emphasizes developments and themes that have particular relevance for later periods.

This is really a multivocal narrative of Islamic history. We feature over 20 scholars from almost as many institutions. Many of those who worked on it, myself included, study the early modern and modern era but have teaching obligations that take us further back in history.
RELIGION
Pulp Librarian
Pulp Librarian
@PulpLibrarian
Due to the pandemic you may not have visited your local library in a while. So come with me on a virtual library tour, courtesy of stock photography, to see what we do for a living...


Libraries are of course information resource centres, but in many ways they are so much more. To get the best out of them you need to really know your way around the stacks.


The enquiries desk is normally your first stop in a library, and this is where you will meet The Angry Librarian! Why is she angry? Because you keep asking her stupid questions!


"Are you open?"
"Do you have a toilet?"
"That chair's wobbly!"
"Why isn't it available in audiobook?"
"Someone else is on the computer and that's not fair!"

On and on it goes...


And that's why in the library we insist on silence. It's the only way to stop us swearing at all the idiotic things you ask us. And we've looked up a lot of old swear words: beardsplitter, bescumber, rantallion, smellfungus etc. We're such muckspouts...
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