BC TRADING
Saved by @Jacobtldr

1) OK, so let's forensically discuss last night's tweet by Brian

 2) At 7:40pm EST, just after U.S. traders left for the most heavily observed and longest holiday weekend of the year; with all of Europe, and 90%+ of Asia asleep; the CEO of the world's largest crypto exchange decides to make a nearly unprecedented, massively market moving Tweet.
3) Without a doubt, he knew the entire crypto market would dramatically collapse on such "news," despite it being nothing more than, self-admittedly, "rumors." In other words, decimating the accounts of thousands of Coinbase clients.
4) Moreover, with the banks closed for Thanksgiving, and most people not working Friday, he had to know limited fiat could be deposited to exchanges for the next four days, making it difficult for client accounts to recover such losses.
5) The tweet itself simply claims "Last week we heard rumors that the U.S. Treasury and Secretary Mnuchin were planning to rush out some new regulation regarding self-hosted crypto wallets before the end of his term..."
6) For one, since when are "rumors" substantiated facts? And why on Earth would the CEO of the world's largest crypto exchange fuel such market moving FUD? Let alone, at such an incredibly illiquid market time!
7) As for such rumors, does it strike anyone as anything less than ridiculous that expedited, draconian crypto regulation is something Donald Trump and Steven Mnuchin are aggressively pursuing at this moment?
8) Last I looked, Trump lost the election, to the point of concession, and has spent 24/7 fighting political and legal battles to try to reverse this decision. As for Mnuchin, he is even more lame duck than Trump, having had his replacement (Yellen) named earlier this week.
9) So, is it even remotely feasible such actions are even under discussion? Let alone, in a position to be enacted and enforced? Not to mention, as we head into the holiday season.
10) Sure, anything is possible. However, I'd rank the odds of such legislation being close to zero - and certainly, not something the head of the world's largest crypto exchange should be publicly commenting on, unsolicited.
11) As for the "rumored" rule changes, Armstrong's follow-up comments are spot on. Such changes would make ZERO logical sense, be 100% inconsistent with current regulatory structure, and ultimately strengthen #BTC demand whilst weakening America's political reputation.
12) Unquestionably, the only reason such changes would even be discussed is the quite obviously growing - but UNSTOPPABLE - threat #BTC now poses to the dying fiat regime.
13) If the "leading economic power" with the "reserve currency" acted so blatantly to try and suppress #BTC, it would only increase global demand and weaken the dollar's status as reserve currency...
14) ...and oh yeah, cause an explosion of requests to withdraw #BTC from exchanges before such regulation would be enacted...
15) ...which in turn, would dramatically tighten supply at a time when it's already at perhaps its tightest level ever.
16) I will not speculate as to WHY Armstrong Tweeted about such "rumors"; let alone, at such an incredibly inopportune time. However, I will conclude by saying that given Coinbase's history of bad behavior, often against the interest of clients, it doesn't surprise me one bit.
17) And of course, that this Tweet has provided an incredible buying opportunity for #BTC, ahead of the inevitable explosion of buying when the ATH is shortly taken out.
18) P.S. Consider another scenario. What if Elon Musk tweeted "I am hearing rumors the U.S. government might ban, or heavily tax electric cars." Yeah, that's how irresponsible and damaging Armstrong's Tweet was.

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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’.


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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.
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Yogeeswar Pal
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@yogeeswarpal
A thread.

Earnings Trades Simplified.

Earnings announcements are public announcements that display a company’s earnings, or lack thereof. As the earnings announcement gets closer, implied volatility tends to increase. After earnings are announced,...

1/n

the uncertainty of what will happen diminishes, and usually we see a rapid decrease in implied volatility because of it. Because of this phenomena, we tend to stick to premium selling strategies when it comes to earnings plays. We can take advantage...

2/n

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Aditya Todmal
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@AdityaTodmal
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

Everything to know about this strategy I'm posting in this thread.

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Step 1: Stock Selection

1. For this strategy you're going to have to choose some stocks that you think will be doing well in the future/long term.

2. Stock must be in an uptrend.

3. Stock options should be liquid enough to trade in.

4. List of stocks attached

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Step 2: Which option to sell?

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Step 4: What to do after taking the delivery?

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Ray \U0001f981
Ray 🦁
@RayTL_
10 truths I wish I knew when I started trading:

Trading always was, is, and will always be a game against yourself. Nobody can make it happen for you, and there’s nobody to beat.

Your only chance of winning is to practice being a better version of yourself today than you were yesterday.

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Traders waste so much energy lamenting on "I missed this" - if all that energy was spent on fixing a problem they just identified — many of them would be better off than they are today.

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Performance is a byproduct of position sizing.

Position Sizing stems from conviction.

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Have a few setups you know really really well.

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You have to know exactly what ur looking for…so u can repeatedly execute those setups & make them sources of income.

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Overthinking - The art of creating problems which weren't even there.

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A trader named Rahul, He know all the basics of markets, He also has made a system which gives signals on nifty, he has also encorporated good Risk management and Position sizing into his system.

One day he gets a signal to buy Nifty at 13500 with stop at 13450, he wanted to take the trade, but he wanted to get sure that the trade he has take should be a winner.

So he says just let me check the RSI if its above this level I will buy , he checks it and it was above his

level, then again he wants to check another indicator named MACD, he wanted to get sure man, Now he do the most intelligent thing to get sure he gets right.

He goes to twitter and ask his twitter Friend Trader knight he ask him that should I buy nifty at 13500,
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Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.
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Anshul Pandey
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There are three types of Adharma- Sthool, Sukshma and Ati Sukshma. The group of Sins in the Sthul section carries you to Narak. These sins are committed through your thoughts, words and deeds.


It is of four types.

1)First is the sin committed by your mental state-
Thinking about woman other then your spouse.

A)Resolution to amass wealth from others.

B)Thinking ill about others.

C)Thinking of doing a forbidden or unworthy deed.

2)Second is the sin that you commit through your words :-

A)Talking irrelevant things.

B)Telling a lie.

C)Speaking harshly.

D)Talking ill about others.

3)Third type of sin is committed through your body actions-

A)Eating food not prescribed to you or forbidden.

B)Violence.

C)Eating fancier food.

D)Acquiring other's wealth.

So these twelve types of sins.

There are six types of sinners or Mahapatak

1)One not bowing his head in front of a temple.

2)Never praise Shiva.

3)People who behave untowardly way in front of Ishwar.

4)People who do not show respect to Ishwar, guru or one who are undignified.

5)One who do not behave properly.

6)One who is jealous of other bhakts.

Below is the list of sins which people may commit.

1)One who does not help a needy person or a person in pain,
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All kinds of stuff has been going on behind the scenes nobody leaks or talks about.

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Anshul Pandey
Anshul Pandey
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It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.

It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )

Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
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In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

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Steve
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@braidedmanga
Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
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