BC TRADING
Saved by @vsamk

A 17 point summary on my 2000+ days as a trader:

Wont take more than 10 minutes ! 🧵

 1. Market cycles
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it you’ll be way ahead of the curve.
2. History rhymes
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.
3. Time > Timing
Many people say that timing the mkt is very essential but according to me the more time you spend the more you get to know about mkt that jo course will teach you.
4. Survival
If you manage to survive for the next 3650 days in the market - trust me for the fact that you will definitely be a part of one commodity one bull and bear mkt. Its more valuable than any 1L INR course.
5. Essentiality of Money
Essentiality of Money is the vital point that no one talks about. Many talk about struggles in life but not many talk that in market only money will make you money
6. Life traits
Life traits are another aspect that is unheard. If you are a disciplined and sorted out in life you are better to succeed here as your thoughts are neutral and you accept your mistakes with humility.
7. Temperament
One here needs to have a crazy amount of composure and temperament. Without these 2 you will not make money - it won’t matter if you have 5000 or 5000 crore, if you don’t know how to handle DD you’re dead.
8. Risk management
Risk management is a very talked about subject hence not emphasizing here but with this you aren’t trading - youre just gambling.
9. View on Algos
Over the time market participants become fan of algos - in my 6 years Of little experience I’ve seen that over a period of time over exploitation or a strategy getting too crowded loses it’s edge. I’m a discretionary trader hence i can be biased.
10. Neutral vs Directional
Doesn’t matter whether the strategy is neutral or directional. Many asked me what is your style - i always reply i dont have a style, i trade what i see.
11. Beginners luck
In your initial months of trading and making money make sure that you give this aspect an overlook as someone market can be irrational for years and your couple of months success will make sure you’re kicked out easily.
12. Scalability
Always remember making 1cr to 10cr can be easy but making 100cr to 1000cr is pretty difficult as it’s all about scalability. Always remember less returns but more scalable model will always work in longer run than high return less scalable.
13. Glamour
In the Era of twitter you might see 20Yo claiming to make lacs per month, don’t worry it’s all about staying in the game for long. 8 year’s down the line you will see these getting out of the mkt and new set of kids coming in sharing their MTM journey.
14.Validation
As a trader you dont need social validation. If you are making 10k and someone else is making 20L that doesn’t imply that youre not a better trader. Its just about time and tested patience. Everybody starts from some where - stay there youll be there one day.
15. Training
Webinars are the most dissed about thing in India. Ask yourself- the one trolling people for taking webinar - are they actually teaching you anything ? Did you learn anything ?
Yes majority of this industry is fraud but if you don’t try you wont get your mentor
16. A good trader can be a good trainer, and vice versa. Keep aside the bias and one day you’ll end up getting the best and the last mentor.
17. Finally as a trader all i will say is no matter how much ever you scale through trading - you practically will not be able to beat returns of an ace investment thesis.
Keep both hand in hand - trader and systematically invest and stay in the market.
Happy trading happy learning ♥️

Follow us here - https://t.co/Mik9dqhL2E
If you liked what i wrote - do like this tweet.

https://t.co/UBIi26Bzjv

More from The Chartians

The Chartians
The Chartians
@chartians
If you are spending Rs 40-50k on research related to Trading/investing.

Hold on, these 7 tools/websites are absolutely free ::

A thread 🧵

1/ @tradingview :

TradingView is the best platform for doing chart analysis. Mobile app and software are also available which a user can use.
There are thousands of indicators and tools available for

2/ Chartink Screener:

It is the best screener that is available to scan and filter stocks out of 1000+ stocks. There are free screeners available and you can create your customized screener.
They also have a dashboard where you can add multiple

3/ Opstra:

This is a good platform especially for futures and options traders. They can analyze payoff of their position, probability of winning, max profit and max

4/ @screener_in :

Screener is one of the best platform to filter out stocks based on the various fundamental parameters. Investors shouldn't miss this and as it will help them in analyzing
ALL
The Chartians
The Chartians
@chartians
Find out the answer for the question we asked today morning.
Here is the
GENERICLEARNINGS
Advertisement
The Chartians
The Chartians
@chartians
As Promised we will be sharing some Chrome Extensions for #Zerodha users that can help them in their Trading Immensely.

If this list helps. We would highly appreciate a Retweet and Like to further maximise the tweet reach❤️

Let's go!

1. Zerodha Scrip Plus 😎
This extension adds a variety of cool features.
⚡️It stretches the #Zerodha Interface Full-Width.
⚡️It makes the text appear bold in Market Depth.
⚡️It automatically calculates your brokerage & taxes and displays them right above your orders Live.❤️


2. Jarvis 🦾
⚡️This extension makes it easy to calculate the quantity that you guys can take according to the risk mentioned.
⚡️It auto fills the quantity to the #zerodha order window once you have defined your risk.

So the lazy traders out there or newbie traders use this!


3.Zerodha Kite Enhancements 👻
⚡️It auto calculates and auto fills the quantity you can buy just by clicking on the amounts below.
⚡️It adds a hide quickwatch button for real full width access
⚡️It has 4 levels of zoom for watch list. So you can glance at more data.

Try it!


4. Posizer 👏
⚡️A Clean tool again to calculate how much quantity you should take according to your risk appetite.
⚡️Auto calculates brokerage charges according to CASH, FNO etc.

Handy tool for newbie traders! Isn't it?
ALL
The Chartians
The Chartians
@chartians
Print this and paste it on your #trading desk ⚡️

Your mini TA book.
SCREENERS
The Chartians
The Chartians
@chartians
Trading on chart patterns is difficult, Until you see this:

Free Technical Analysis course (1/10) 🧵

Rounding Bottom or U Pattern or Saucer all are one and the same with different names and it is a bullish pattern.

Technically, it can be used for both continuation trades in an existing uptrend and reversal trade as well in the case of the downtrend.


Now how we trade rounding bottom pattern?

We try to find out stock that has the pattern but has not given a breakout above the neckline.

Generally, we have observed that majority move happens on breakout itself hence; we keep this stock in the watchlist just before breakout.

What does this mean?

Basically, we look out for the charts where price is consolidating just below the neckline or resistance.

As seen from the below chart where price was consolidation just below the resistance before the breakout and massive upmove.


Also, you would lot of Rounding Bottom Patterns when a stock is in uptrend. That's why this pattern is also called a bullish continuation pattern.

In below chart you can see 4 Rounding Top pattern in an uptrend for a stock.
ALL

More from Trading

Trader knight
Trader knight
@Traderknight007
FEAR - It’s the re-experience of failure in advance.

Many traders face the issue of Not entering in trades because of fear.

A thread on How to pull the trigger when the opportunity knocks.


Lets First start from knowing the cause of this "FEAR" of pulling the trigger.

A traders goes through many phases before becoming Profitable.

The first phase is the " APUN HI BHAGWAN HAI" phase-

When we first begin Trading, we don’t know any concepts, we don’t know about the risks , the dangers.

So we start trading, and like most guys by beginners luck we start making good, we start to calculate how much money we will make in next 1yr, 5 yrs, Greed start to Hop in.


We get introduced to Various instruments, F&O, LEVERAGE.

We take big positions as we don’t have any FEAR cause we haven't seen those bad phases yet.

Now we get the Big blow, account down -50%, or in many cases wiped out.

The first phase ends here.


Now we know How the market can kick our ass, we now know the risk that comes with those big positions.

"THE LEARNING PHASE"-

Now we know that we were just lucky initially and now we have to learn why we get those losses, so we start learning concepts , fundamental, Technicals.
TRADING , LIFE
Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

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

(1/12)


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

(2/12)


Step 2: Which option to sell?

1. Sell put at a support according to charts.

2. Sell put at a strike far away from the spot where you think the probability of the stock falling will be very very low.

3. Sell put at a price where you're willing to buy the stock at.

(3/12)


Step 3: What to do when in profit/loss?

1. If in profit you can just roll up the puts thereby increasing the ROI or shift to other stocks to make more profit.

2. If in loss take delivery of the shares equivalent to the lot size in cash market.

(4/12)

Step 4: What to do after taking the delivery?

1. Sell calls to lower your cost price of the stock. For eg, you took delivery of Reliance at 1900, sell 2100 CE which is about 10% away.

2. Keep doing this till your CE expires ITM and then give delivery of your stock away

(5/12)
TRADING , OPTIONS
Advertisement
Trader knight
Trader knight
@Traderknight007
“In search of the holy grail”

A thread-


Holy grail- A strategy Which can make money all the time.

After going through two phases of a traders journey, the initial success phase, and Only why do i get loss phase, Traders enter the third phase -

THE SEARCH FOR THE HOLY GRAIL PHASE.

This phase has no limits, It can end in 1 month and it may not end till lifetime.

What exactly is this phase?

When a trader covers all the basics, they know how to lower their losses, they know the power of risk management.

And few of them may even develop their edges and systems over time.

But after some time, they feel that they are doing something wrong and there is more to trading than what they know.


THEN COMES THE HOLY GRAIL PART-

Few of them start to Read more books about trading,finding articles about “How to win 100% of the time” and listening to Youtube videos of few big traders who make big in trading.
ALL , TRADING
Anshika Sharma\u26a1
Anshika Sharma⚡
@Anshi_________
Full Technical Analysis in Single Thread🧵

This whole course is worth 40-50K-

1- Candle sticks and how to use

2- Advanced price action

3- The dow theory

4- Moving
ALL , TRADING , TECHNICALANALYSISCOURSE
Trader knight
Trader knight
@Traderknight007
How position sizing can affect your trading performance-

Assuming that you are trading a Trend-following system with Big RR and low win-rate.

For example, assume that you risk one percent per trade on a 100,000 account
and you have 20 straight losses.

That one percent is of your remaining equity and at the end of 20 losses, you would be down to 81,790.60.

Now if you got a 30R winner and you are risking one percent of your balance of 81,790.60, your new equity would be 106,327.9,


You’ve had 20 losses and one winner though you are still up 10Rplus your equity is up by 6.3R percent.

Now, let’s say you risk five percent per trade on your balance. At the end of 20 straight losses, you would be down to 35,772.89 or down 64 percent.


If you risk five percent on this amount and get a 30R winner, you would be up to 89,621.48. You are up 10R, but because of your position sizing, your equity is still down over 10 percent.

#positionsizing
#Trading
#nifty50

This is why position sizing is the most important factor in trading if you get it right and you have an edge, you will do good.

Thanks for reading till here.
@AnandableAnand @jitendrajain @quatltd @sohamtweet
TRADING

You May Also Like

The '60s at 60
The '60s at 60
@the_60s_at_60
"The MAD Primer of Bigots, Extremists and Other Loose Ends," from September 1969.

Seen a couple of these panels make the rounds from time to time, so here's the complete set of 10 (something to amuse and/or offend almost everyone).


Chapter 1: The Super Patriot


Chapter 2: The Ku Klux Klansman


Chapter 3: The American Student


Chapter 4: The Right-Wing Extremist
FUN
Bijay
Bijay
@Bijay_reborn
A small write up on how the OPTION PRICES BEHAVES AT SUPPORT & RESISTANCE


https://t.co/EIbXwcHpHf


https://t.co/zDamXyOhh6
ALL
Advertisement
MaMaMia \U0001f1ec\U0001f1f7\U0001f1e8\U0001f1fe\U0001f1e6\U0001f1f2 SupportGreekProducts
MaMaMia 🇬🇷🇨🇾🇦🇲 Support...
@MaMaMia73189983
Following @BAUDEGS I have experienced hateful and propagandist tweets time after time. I have been shocked that an academic community would be so reckless with their publications. So I did some research.
The question is:
Is this an official account for Bahcesehir Uni (Bau)?


Bahcesehir Uni, BAU has an official website https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir

BAU’s official Twitter account


BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU

Nowhere among them was @BAUDEGS to find
BUSINESS
WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
THE LAST STAND OF PAVAN KHIND - THE 300 BATTLE OF INDIA

A long🧵that u must read

In desperate times, great men come forth. Those men who are ready to sacrifice all of their lives work for a single cause.

Baji Prabhu Deshpande is one such man.

1/25


Battle was between the Maratha Warrior Baji Prabhu Deshpande and Sidi Masoud of Adil Shahi Sultanate.

In 1660, the Maratha King Shri Chhatrapati Shivaji was trapped in the fort of Panhala, under siege and vastly outnumbered by an Adilshahis army led by Sidi Masoud.

2/25

And while everyone is thinking that finally the Maratha king will be subdued, Shivaji planned to escape to the fort of Vishalgadh. It was administered by a Maratha chieftain named Range Narayan Orpe under Shivaji.

3/25

For months the siege warfare continued as Shivaji made sure that the food source of the Besieging army drops down, due to which they will initiate a general assault on the castle.

4/25

Shivaji, Baji Prabhu, and around 600 of their best troops, hardened mountaineers of the Maval region, would dash through the Adilshahis force at night.

A man named Shiva Kashid, who resembled Shivaji in appearance, had volunteered to dress like the king and get captured.

5/25
ALL
.
.
@oyevivekk
THREAD:

80 Films with the biggest Plot Twists that will blow your mind.

1. Fight Club


2. Predestination


3. Seven


4. Requiem for a Dream
MOVIES , ALL , LIST OF MOVIES


Category Partner: Enkryptopedia