1) There are several secrets to becoming a successful #investor and most are hiding in plain sight.

2) This many sound like a cliché, but it hides a simple truth: buy quality companies. When I started #investing, I didn't feel like I could identify quality, so I bought a subscription to @TheMotleyFool and let them do the heavy lifting.
3) I paid $199 per year each for @TheMotleyFool #StockAdvisor and #RuleBreakers subscriptions. They have paid for themselves MANY times over.
4) Another obvious strategy that FAR too many #investors ignore is that "winners keep winning." "That one got away from me, and now I'm waiting for a pullback" has probably lost investors more money than every pullback combined.
5) To put this into practice, I look at the recent list of @TheMotleyFool recommendations and see which #stocks have put up double- or triple-digits gains in recent months and then try to understand why. In many cases, I end up buying the stock, even after 30% 40% 50% gains.
6) I also look at my own portfolio to see what stocks have jumped while I wasn't looking and see what's driving the gains. If I still believe in the #stock enough to own it, I usually believe in it enough to add to a winning position.
7) This isn't just hypothetical. About 3 year ago, I had to open a new SEP retirement account and wanted to populate it with recent winners. I used exactly the process outlined above to look for #stocks to buy. My first investment was on 2-23-18.
8) That portfolio currently holds 25 #stocks: $ALGN $ANET $APPN $AYX $CVNA $DOCU $GH $HUBS $IQ $JD $MDB $MGNI $MTCH $NVDA $ODFL $OKTA $PINS $ROKU $SFIX $TCEHY $TDOC $TTD $TWLO $WWE $ZS
9) I have added to several of those #stocks multiple times as they went up -- adding to my winners: $TTD $ROKU $MDB $TDOC (3 positions each) $APPN $DOCU $NVDA (2 positions each).
10) The value of the stocks in that portfolio has more than tripled in in less than three years, with an annualized return of 54%. It also posted 123% gains last year alone.
11) Here's the image from my brokerage detailing this portfolio's returns vs the market and various benchmarks.
12) This isn't to say it works all the time with every stock (I'm looking at you $ANET $IQ $WWE). It also isn't because I'm a great investor. I have been extremely fortunate, in that I followed @DavidGFool's #RuleBreaking advice early in my investing career.
13) I add to my winners. I almost NEVER consider valuation when I am initially evaluating a stock -- I've seen too many people avoid stocks that ran for years because they were "too expensive." I rarely trim a "winning" position and almost never "buy the dip."
14) Exception to "buying the dip." If I have followed a stock extensively, and believe the market is overreacting to a bit of news, I will buy the dip. Recent example $FSLY. TikTok represented just 11% of revenue, but following news of a potential ban, $FSLY lost half its value.
15) Exception No. 2 to buying the dip. In a correction or recession, investors typically "throw out the baby with the bathwater" selling both good stocks and bad. The end of March was an excellent time to buy stocks. I did.
16) Finally, and perhaps most importantly, remember that time is on your side. Sometimes stocks take years to find their stride. I bought $TSLA in 2013. It was a successful investment, but you could still buy shares for less than $50 in Oct. 2019. Recently trading for $880.
17) A stock can only ever go DOWN 100%. A big winner, however, can grow multiple times its original value over the years. MOST of the time, the best thing to do when a stock isn't performing (over the short-term) is -- nothing.

More from Trading

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)
12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's

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राम-रावण युद्ध समाप्त हो चुका था। जगत को त्रास देने वाला रावण अपने कुटुम्ब सहित नष्ट हो चुका था।श्रीराम का राज्याभिषेक हुआ और अयोध्या नरेश श्री राम के नेतृत्व में चारों दिशाओं में शन्ति थी।
अंगद को विदा करते समय राम रो पड़े थे ।हनुमान को विदा करने की शक्ति तो राम में थी ही नहीं ।


माता सीता भी हनुमान को पुत्रवत मानती थी। अत: हनुमान अयोध्या में ही रह गए ।राम दिनभर दरबार में, शासन व्यवस्था में व्यस्त रहते थे। संध्या को जब शासकीय कार्यों में छूट मिलती तो गुरु और माताओं का कुशल-मंगल पूछ अपने कक्ष में जाते थे। परंतु हनुमान जी हमेशा उनके पीछे-पीछे ही रहते थे ।


उनकी उपस्थिति में ही सारा परिवार बहुत देर तक जी भर बातें करता ।फिर भरत को ध्यान आया कि भैया-भाभी को भी एकांत मिलना चाहिए ।उर्मिला को देख भी उनके मन में हूक उठती थी कि इस पतिव्रता को भी अपने पति का सानिध्य चाहिए ।

एक दिन भरत ने हनुमान जी से कहा,"हे पवनपुत्र! सीता भाभी को राम भैया के साथ एकांत में रहने का भी अधिकार प्राप्त है ।क्या आपको उनके माथे पर सिन्दूर नहीं दिखता?इसलिए संध्या पश्चात आप राम भैया को कृप्या अकेला छोड़ दिया करें "।
ये सुनकर हनुमान आश्चर्यचकित रह गए और सीता माता के पास गए ।


माता से हनुमान ने पूछा,"माता आप अपने माथे पर सिन्दूर क्यों लगाती हैं।" यह सुनकर सीता माता बोलीं,"स्त्री अपने माथे पर सिन्दूर लगाती है तो उसके पति की आयु में वृद्धि होती है और वह स्वस्थ रहते हैं "। फिर हनुमान जी प्रभु राम के पास गए ।