BC TRADING
Saved by @jay_millerjay

Since everyone from @GovAbbott to @DanCrenshawTX are continuing to pass off massive lies about the energy situation in Texas, let's look at it again. Because it's not wind that's the problem. It's profit-protecting "deregulation" and a perverse idea of the "free market." … 1/18

 On Wed., millions of Texans are still without power. Meanwhile, Austin is expected to reach freezing just in time for a massive ice storm expected to bring down trees and powerlines. Plus, broken water lines everywhere. So clearly, the people in charge need a scapegoat. … 2/18
Fox News and GOP politicians—including Gov. Abbott — have been taking this “opportunity” to attack wind energy, call for the burning of more fossil fuels, and to make claims that green power is “deadly.” Surprise! They're lying. … 3/18
In 2003, Australia installed a pair of wind turbines at it’s Mawson Research Station in Antarctica. One of those turbines failed … after 14 years of operating in sub zero temperatures and winds over100 mph. The other turbine is still operating today. … 4/18
At the opposite end of the planet, wind turbines are operating at Svalbard, the most northerly town in the world. The fishing town of Havoysund, inside the Arctic Circle, runs on wind power. Greenland has been steadily moving to wind since 2008. … 5/18
In the United States, anyone traveling along Interstate 94 through North Dakota can’t help but notice over 1,500 wind turbines generating 3000Mw. Dallas might have reached 24 degrees on Tuesday, but it was -1 in Fargo. North Dakota’s wind turbines kept right on cranking. … 6/18
Wind turbines operate reliably, year in and year out, in conditions far worse than those currently being experienced in Texas. Yes, some Texas turbines are down for maintenance, but that number is completely in line with normal levels of outage. … 7/18
While many sources show wind as accounting for 13% of the 35 gigawatts of power currently offline in Texas, that’s only true if you use the max. rated power of every turbine offline and ignore how operating turbines are actually producing at over their projected rate. … 8/18
If the wind turbines aren’t frozen, then what is? Natural gas pipelines. Which is strange, because methane doesn't liquify until it hits -161C, much less freeze. So how can gas pipelines freeze? Well, it's an interesting question. ... 9/18
As it turns out, what’s in a gas pipeline is far from pure methane. It includes fluids involved in drilling and fracking that freeze much more readily. So when those pipelines get cold, they can develop a kind of methane-saturated sludge that severely restricts the flow. … 10/18
At the same time the pipelines are producing less, demand is going up. Not only is natural gas used at power plants, it’s used directly in home and business heating. So everyone wants the gas, just as it’s getting more difficult to move. … 11/18
The result is shortages that have either taken plants offline or reduced their rate of production, while at the same time driving the spot price for natural gas through the roof. Gas that sold for $4 / MMBTU last week, hit $500 over the weekend and $1000 on Tuesday. … 12/18
Coal plants are also in trouble. Coal burned in Texas is sub-bituminous from the Powder River Basin in Wyoming, or in-state lignite. Both grades of coal are high moisture. Frozen coal can be hard to remove from train cars, halts conveyors, and clogs crushers. … 13/18
In addition, both coal plants and gas plants are steam plants. That means that they require huge amounts of water. That water also moves around in pipes. When those pipes are exposed and uninsulated, they freeze. … 14/18
Natural gas is BY FAR the largest contributor to the current power shortfall in Texas. If the system was more dependent on natural gas, the current situation would actually be MUCH WORSE than it is, both in cost and outages. … 15/18
But the root cause of the failure is the system designed by ERCOT isn't gas. It's a system modeled on long-held ideals of deregulation. That has resulted in "wild west system" dominated by short-term profits that completely ignores safety and preparing for emergencies. … 16/18
It’s no wonder Fox News is screaming that the “Green New Deal” is killing Texas, and it’s no secret why Abbott and others want to find a convenient scapegoat that lets them off the hook Texas’ power grid is not only operating as designed, it’s a showcase of GOP dreams. … 17/18
Abbott, Fox, and the rest can’t admit the truth, because what they want is more. Not more power. More fracking. More fossil fuels. More deregulation. More price gouging.

More of the same system that’s keeping Texas in the dark.

More from Trading

Trader knight
Trader knight
@Traderknight007
A THREAD ON SL, TSL AND RE-ENTRIES-


WHERE TO PUT THE SL-

1. NEAREST PIVOT/SWING POINTS-

Normally I use this method for placing sl, In this method we use swing point for placing the SL.

As normally the stock would not try to go below previous swing point if it is to go in our direction.


2. ATR method-

Sometimes the Stock do not have any nearest pivot at time of buy, So we use this method as it gives us a level on basis of current volatility of the stock.

I use 1.5 ATR away sl , say the ATR at point of entry is 30, so I place sl
1.5 X, or 45 rs away from entry

In below example the entry is 120, ATR=5, SL= 1.5X ATR= 7.5 OR 113.

Nearest pivot was too far away, that’s why this method is used in these cases.


4. Anchor candles-

Anchor bars are those which have extreme Volume, gaps or wide Ranges.

Here, we place our sl below those candles which has the above characteristics.
TRADING
Trader knight
Trader knight
@Traderknight007
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

Thread 🧵


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
TRADING
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Gene Kim
Gene Kim
@RealGeneKim
Many of you have seen the famous Westrum Organizational Typology model, so prominently featured in State of DevOps Research, Accelerate, DevOps Handbook, etc.

This model was created Dr. Ron Westrum, a widely-cited sociologist who studied the impact of culture on safety


Thanks to Dr. @nicolefv, I was able to interview him for an upcoming episode of the Idealcast! 🤯

It was a very heady experience, and while preparing to interview him, I was startled to discover how much work he's done in healthcare, aviation, spaceflight, but also innovation.

I've read 4+ of his papers, so I thought I was familiar with his work. (Here's one paper: https://t.co/7X00O67VgS)

I was startled to learn he has also studied in depth what enables innovation. He wrote a wonderful book "Sidewinder: Creative Missile Development at China Lake"


Dr. Westrum writes about China Lake Research Labs: "its design and structure had one purpose: to foster technical creativity. It did; China Lake operated far outside the normal envelope... Sidewinder & others were "impossible" accomplishments,

I love this book because it describes traits of organizations that routinely create and maintain greatness: US space program (Mercury, Gemini, Apollo), US Naval Reactors, Toyota, Team of Teams, Tesla, the tech giants (Amazon, Google, Netflix, Google)
TRADING
Trader Abhishek
Trader Abhishek
@KillerTrader_
Introduction to imbalance charts (orderflow trading):

A 🧵

(1/n)

Orderflow charts essentially show the real time buying and selling happening in the markets.

In below chart, you can see how market sell orders are shown to the bid side and market buy orders are shown to the ask side.

(2/n)


Using this, one can identify big buying and selling happening at various prices.

Imbalance charts takes this one step forward. How so? Read on to find out.

(3/n)

Imbalance charts shows buying and selling imbalances at various price points. How does it matter?

Imbalance here implies to what extent is buying more than selling and vice versa.

(4/n)

Why is that important? As a trader, if we know that buying at a particular level is x times more than selling or vice versa, it would help us understand the strength of supply or demand coming into the market.

(5/n)
ALL , TRADING
Mohit Sharma
Mohit Sharma
@mohitsharmadl
Traders often overlook the SHORT STRADDLE due to its simplicity.

It remains the TOP strategy to make money when the market is not trending.

Here's how you can make money using only the short straddle
in various market conditions

⬇️ A comprehensive thread🧵


A short straddle is the most basic neutral options strategy.

Where a call option and a put option are sold at the same strike price.

Max profit = Total premium received ( call leg + put leg )

Max risk = Unlimited

(using SLs would be wise)

Upper breakeven = Strike price + Total Premium received

Lower breakeven = Strike price - Total Premium received


Essentially short straddles are initiated when the trader is confident about the market staying in a certain range (between the breakevens of the straddle)

Long-term short straddles usually require fewer adjustments since the range is wide.

Since unlimited loss is a component of the strategy, the trader has to adjust the strategy to increase profit/ mitigating risk
TRADING

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Jaya_Upadhyaya
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WHO ARE VALAKHILYAS?

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They move in front of Surya dev’s chariot as Sun moves daily and
shine like brilliant lights due to severe tapasya.


Tamil literature says that the main task of Valakhilyas is to prevent human beings from being scorched. They absorb the excess heat from the sun by travelling in front of him. They, in turn, get energy from Skanda and Ma Durga. The food of Valakhilyas is only wind.
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Once, Rishi Kashyap performed a yagna and invited all the Devas and Rishis to help him. Indra brought a whole mountain of trees for firewood. The Valakhilyas were hardly able to lift anything but leaves. Even when they were moving leaves, they fell into rain water puddles.


Indra made fun of them. So they cursed Indra saying that his slayer would be born as the son of Kashyapa. When Indra apologized, they modified the curse that the son shall be initially an enemy of Indra, but later will become his friend.


This son born later to Kashyapa was Garuda. He flew to Indraloka to get Amrita and defeated Indra.
Later, he restored amrit vessel to Indra and was honoured as the King of birds and as the mount of Sri Vishnu.
@JumbuTweeple @artist_rama
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Surkanda devi mandir is a famous shrine of Hindus located near Kaddukhal distt of Uttarakhand, 11 Km from the town of Dhanaulti and 35 Km from Mussoorie.
The Temple is one of the 51 Shakti Peethas spread all over Indian Subcontinent and is dedicated to Goddess Surkanda.


Nestled on a Hill at an Altitude of 2700 m approx, the place offers a splendid view of the snow capped mountains, the picturesque scenic beauty that offers an experience of the lifetime.
The Temple build in the traditional Garhwal style exuberates the Architectural splendour.


The origins of the Surkanda Mata Mandir is attributed to Goddess Sati, consort of Bhagwan Shiv who in a rage immolated herself in her arrogant Father Daksha's Yajna Kund bcoz he didn't invite Bhagwan Shiv in the Yajna.


Devastated by the death of Sati Shiva wandered all over the cosmos performing Tandava-The Dance of Cosmic Destruction.Fearing the total annihilation of cosmos, Gods requested Bhagwan Vishnu to pacify Shiva.Bhagwan Vishnu then used his discuss to destroy the burning corps of Sati.


The pieces of Sati Mata's body then got scattered all over the region which were later established as Shakti Peethas by Bhagwan Shiva himself.Its believed that the head of Sati fell here and it was called Sirkhanda Mata Temple before, but with passage of time it became Surkanda.
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Brittany Packnett
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We should stop confusing what someone was doing when we became aware of them with all they are capable of, interested in, or ever hope to be

Let folks have their many talents, interests and gifts. Life is far more fun with variety, loves.

A lot of folks have come to know me as an activist & I’m grateful that folks care to know me at all.

But I wasn’t born in 2014. I was a whole teacher, executive, policy person, speaker, arts and culture lover, reader, writer, woman of faith, fashion and more before 4 yrs ago 🤷🏾‍♀️

We rightfully complain that marginalized people are not allowed to be fully human.

But we internalize and transfer our oppression daily. It’s a smog. We all breathe it in & act it out.

And then tell WoC “girl ain’t you supposed to be a _______? Why you doing ____?”

Can I live?

And don’t go reading anything personal into this-this isn’t about me necessarily and it’s no subtweet (I try hard not to do that.)

I’ve just been observing that behavior more and more lately. Especially when it comes to marginalized folks.

Evolution should be our aspiration.

“Can’t knock the hustle” should be our anthem.

As long as someone isn’t bringing active and continual harm, why can’t they explore their many sides?
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Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
@BillyBostickson
Tip from the Monkey
Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!


1. Yang


2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!


3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W


4. YT Interview
Some bats & pangolins carry viruses related with SARS-CoV-2, found in SE Asia and in Yunnan, & the pangolins carrying SARS-CoV-2 related viruses were smuggled from SE Asia, so there is a possibility that SARS-CoV-2 were coming from
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