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 ♥️

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More from The Chartians

The Chartians
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Strong #Breakout #Stocks!

⚡️#JUBLFOOD
⚡️#MSTC
⚡️#MOL
⚡️#ASTRAMICRO

Keep on Radar.

What is your Breakout stock pick ???

For more such trades setups and charts, join #Telegram Channel⤵️

https://t.co/FSyDMaYePf

#stocks #trading #watchlist
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The Chartians
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Here is what YOU should know about BREAKOUTS before you lose money on them !

A free FAILED BREAKOUT analysis for you - 🧵


A technical analysis term, used to show a rise in a stock’s price above its resistance level (such as its previous high price) or drop below its support level (commonly the last lowest price.)


The assumption is that the stock will continue to move in the same direction following the breakout, which generates a buy or sell signal.

Trading breakouts is an excellent trading strategy that involves buying or selling an asset after a long period of consolidation.


However, the biggest risk of trading a breakout is when the price suddenly reverses, in what is known as a false breakout. In this report, we will look at what a false breakout is, how you can identify it, and how you can use it in the market.


Let's look at plenty of False Breakout Examples ⚡️
1. #INFIBEAM ⚡️
We saw a top out pattern, interesting part is the candle that gave a top was a heavy buying candle. No follow-up and stock is down nearly 30%.
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🩸FIBONACCI retracement and GOLDEN RATIO - PART 2

Before we move forward, kindly like and retweet if you find our content is adding something to your knowledge.


We have described how interesting Fibonacci numbers and ratios are and how it's been formed in PART 1 of this series. In PART 2, Lets see how we take trade based on fibo.

🎯How to draw Fibonacci levels?
Drawing Fibonacci retracemnts are fairly simple. The main point we look into is, If the direction of retracment is up or down side.
✅ If the trend is up, choose lower point and a higher point. Connect lower point with higher point using Fibo tool.

✅ If the trend is down, choose higher point and a lower point. Connect higher point with lower point using Fibo retracement tool.

🎯How to choose lower and higher points to connect?
✅Take lower point as point from where the trend has started, which means one should not take points where consolidation was going on.
FIBONACCI
The Chartians
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#DIAMONDYD aka PRATAAP SNACK
#chartkyaboltahai

- 730 dop can be bought for tgt of 1000.
- Stock has made first HH-HL.
- Breaking previous swing low.
- Ascending traingle pattern on daily.
@ydstartupreneur

@caniravkaria bhaiji looks good on charts https://t.co/iwy4wXUiJf


Dip*
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The Chartians
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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?
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Indian Investing Conclave Day 1 @IIC_2020

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Investment Hypothesis in CPaaS companies

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CPaaS growing at 40%


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Route Mobile Key points

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Trader knight
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@Traderknight007
Like humans , stocks too have different nature and if you are trading every stock the same way then this thread may be for you.

A thread on Nature of stocks and how it can help you to improve your trading results.


First start with what is the nature of stocks ?

I broadly categorize stocks in two categories-

1. The momentum stocks-

These are the stocks where most of the moves are swift in nature, or we can say that the pullbacks in a trend are smaller.

2. The AKBC stocks-

These are the stocks where most of the trending moves comes with deep pullbacks.


Examples-


So the purpose of categorizing these stocks, is that we Trade those stocks/instruments which are more suited to our style.

Say if you are a mean reversion player and you are trading in the momentum stocks category then you are more bound to lose over large number of trades.
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PanzerLion \u2744\ufe0f\U0001f3d4\ufe0f Certified
PanzerLion ❄️🏔️ Certif...
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Elon Musk's plan for Martian indentured servitude for those who can't afford to travel there is typical of the profound failings of capitalism in terms of planning and a great example of why I hate "free market space colonization" in science fiction media. #WiP #TTRPG

You see, he doesn't imagine or question "what comes next", or if he does, he doesn't talk about it because he knows that people would immediately crucify him.

Mars, or any planet that isn't terraformed, is completely or nearly completely reliant on imports to survive.

Food, water, medical supplies, replacement parts, construction materials, the lot. So what happens when an indentured labourer pays off their indenture? Where do they go? What can they do? They're trapped on a world where they have no power and their access to resources is...

...dictated to them by the powers who have the wealth to import those resources. They aren't going to get a slice of land. They can't homestead. And do you honestly think that Lord of Mars, Elon Musk is going to hand out those resources? Hell no! No capitalist would.

Why? Because there's no profit in it. At best, they might extend a huge loan to let them set up in a fashion that keeps the now "free" labourer beholden to them. And it's not like the labourer can leave either. Trips home aren't going to be free, and that's a feature, not a bug.
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Robot James
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@therobotjames
In my 20 years of trading I have noticed this cycle play out again and again with traders that "make it":

1. Overconfidently reach for returns
2. Get humbled by the market
3. Simplify + concentrate on clear, high probability edges.

1/n

Nearly everyone starts with a lack of respect for how hard it is to consistently make money trading.

That leads them to pass over high-probability sources of returns in favor of more marginal ideas.

Or they overcomplicate the trading of a good edge.

2/n

Here's an example...

It is 2015. You look at a simple strategy.

You hold an equal dollar exposure to:
- Cap Weighted US Stocks (VTI)
- 20+ Yr US Treasury Bonds (TLT)
- Gold (GLD)

And rebalance each month.

(I've extended back a bit with mutual fund prices.)

3/n


It made money consistently with a few blips.

You'd have 4x your money from 1997 to 2015.

It makes sense. It's harnessing two big sources of risk premia (equity + duration).

It diversifies across 3 macro assets that tend to outperform in different econ environments

4/n

But, naturally, you turn your mind to how you could do better...

And here is where it gets dangerous!

There are good ways to try to "do better", and there are bad ways to try to "do better".

5/n
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Killer Trader \U0001f4c9\U0001f4c8
Killer Trader 📉📈...
@KillerTrader_
Thread on sideways market:

Sideways price action or consolidation is a phase where institutional players are silently building their positions transacting in smaller quantities.

(1/n)

What we need to understand is that big players have huge amounts of money and one major disadvantage of having such large cap is that they cannot transact in big quantities without being spotted (aka volumes)

In order to minimize this disadvantage to an extent, they will begin building their positions with many smaller blocks of orders to look like multiple small players and to not alert other market participants much.

This kind of price action does not result in major market moves since moving markets requires aggressive buying/selling at market prices.

Instead it results in a sideways price action.

When their positions are built, aggressive activity begins which results in markets moving in a trend. First positions are built slowly and then markets are moved aggressively in the favorable direction to get profitable.
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