Quick question.

Would you trade this VCP pattern in the making? Yes/No? And, why?

To all those who are saying No because the current market ain't right for upside breakout trades, please look at the timeline of the picture. It is from 2016/17 when almost every stock exploded.

The majority answered Yes but for me, it's a NO. I'd pass this 2T VCP/CnH because even though the 2nd U shape is smaller in size by 70% but this U formed at a huge distance away from the 50 DMA line a.k.a EXTENDED.

1/n

The odds of profiting from the get-go are much better when breakouts happen 'closer' to 50dma.

As you can see in the picture, the price stayed sideways until the line caught-up with the price. Had you traded this breakout, you would have sat on a dead trade for 5-6 weeks

2/n

After covering the distance, when that same bloody formation was spotted, look at the result yourself. This is an eye-opener for everyone who said YES and for everyone who said no for a different reason.

3/n

How to find stocks having high RS ( Relative Strength) Rating for positional trades/investment 👇

Step 1. Go to Marketsmith India website or download their App

Step 2. Sign up by filling some basic details

Step 3. Go to Idea Lists ( Screen best stocks)

Step 4. Select MarketSmith Stock Screens

Step 5. Select Recent Breakouts

Step 6. Switch to Tabular View ( Located at Top Right Side) & sort stocks by RS rating ( Highest to Lowest)

Study human behavior, storytelling, marketing, big ideas, biological problems, and yourself.

Grabbing and holding attention is the skill of all skills.

Human behavior, why?

If you want to change the world, solve problems, or build any kind of money-making solutions — you will have to spark positive behavior change.

Habits, biases, psychology, etc.

Making people read, watch, or listen is different from changing behavior.

Storytelling.

Well-aligned with human behavior.

Storytelling = transformations and overcoming hardships. Humans love that shit.

They are relatable and reveal the path to overcoming your own obstacles.

Marketing & big ideas.

Catching and holding people's attention with your value (whether it be a product, content, or just in everyday situations).

All of these overlap.

You need to be able to grab, hold, and "convert" attention.

To make money, meet people, or spark change.

Biological problems.

Health, wealth, and relationships.

If you can solve a problem within these verticals / eternal markets, you are set.

Solve your own > teach others > refine your system > help others with your system.

Make it easy and implementable.

Full chart learning course 🎓
In single thread 🧵

Process of trading through
price action ✨👇

1⃣Time frame - always start looking chart 📊 with higher time frame (weekly/monthly) then after go for lower one .

Positional trader - weekly/monthly

Swing trader - daily /3hours

Intraday trader - 15/30min

2⃣ demand /supply zone - then draw major/minor demand & supply zone .।।।

Ex : #SIS

3️⃣ Trading style -

⚡If you are positional trader then focus on major demand & supply zone.

⚡If you are swing trader then focus on minor demand & supply zone.

Wait for price to come on it then, 👇

4⃣find consolidation -

⚡Positional trader - consolidation should be above 1/2years.

⚡ swing trader - consolidation should be below 1/2 years

⚡Intraday trader - consolidation should above 5/10 days.

Ex - #galxo / #triveni / #vimta

What is HEIKIN ASHI i and How You
Use it ?

A Small Thread
Understand New type of Price Representation on charts.
Maximum Retweet and Share !
1/n
@kuttrapali26 @rohanshah619

What is Heikin Ashi?
1. Heikin-Ashi, also called Heiken-Ashi, is translated as an "average bar" in Japanese.
2. The Heikin Ashi strategy is a useful tool used in identifying market trends and
predicting the future prices of assets.
2/N

3. The Heikin Ashi can be used alone or in conjunction with candlestick charts.
4. These charts can be very useful as they make it easier to read candlestick charts
and analyze market trends , without noise
3/n

Heikin Ashi vs Candlestick
1. The Heikin Ashi has a few differences with the traditional candlestick chart.
The candles on traditional candlesticks usually change from green to red (up or
down), making it difficult for some traders to interpret.

Candlestick vs Heikin Ashi chart

2.However, the candles on a Heikin Ashi chart display more consecutive colored
candles, making it easy for traders to identify past price movements and current
trends.
3. With Heikin Ashi, charts usually stay green in an uptrend and red in a downtrend.

Calcluation Shared
5/n

ULTIMATE GUIDE TO 21 and 200 Moving Average
SUNDAY THREAD 🔖
A trend Following System That will Help You Improve Trading immensely.

RETWEET AND SHARE 🔄
@kuttrapali26 @AmitabhJha3
#stocks #StockMarket
1/n

Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
2/

21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
3/n

3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
4/n

1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
5/n

Hot Take:

The metaverse is going to make everything more extreme.

Here’s how the world is about to go on tilt and what it means for you 👇👇👇

My friend @ShaanVP had an awesome thread on the metaverse a few weeks ago.

He set a clear, understandable definition of the metaverse:

The metaverse is a time, not a place.

It’s when our digital life is more important than our physical life.

If you believe in that definition (I do), then it pushes an interesting second order question.

What happens when that shift occurs?

I think everything gets a lot more extreme.

Why?

The world doesn’t get any bigger, but our surface area of exposure increases exponentially.

We have more insight and visibility into everything that’s going on.

This will put more pressure on the proverbial pressure cooker.

Here are 10 examples:

1. Opportunity

As more economic activity moves online, constraints and barriers go away.

You can be 10,000 miles away and considered as a candidate for a job.

Measurement pushes away from inputs (politics, facetime) to outputs (deliverables).

@warikoo's 90 days challenge.
A visual thread

1. Write

2. Speak confidently

3. Sugar craving

4. Read a lot.

The Stoic philosopher Epictetus was born a slave and died the most sought-after teacher in the ancient world.

Here are 12 rules he lived by...

⇩⇩⇩

1. Only focus on what’s in your control

“The chief task in life is simply this: to identify and separate matters so that I can say clearly to myself which are externals not under my control, and which have to do with the choices I actually control...”

2. Put every thought to the test

“Don’t let the force of the impression carry you away. Say to it, ‘hold up a bit and let me see who you are and where you are from—let me put you to the test’ . . .”

3. Always grab things by the right handle

“Every event has two handles—one by which it can be carried, and one by which it can’t. If your brother does you wrong, don’t grab it by his wronging...Instead, use the other—that he is your brother...hold the handle that carries.”

4. Choose not to be complicit in taking offense

"If someone succeeds in provoking you, realize that your mind is complicit in the provocation."

I spent the last 13 years building a career at T-Mobile.

It changed my life, and tomorrow is my last day.

Here are 11 rules I learned to get you promoted and help you win at life:

Move With the Movers

Pay attention to the people getting new opportunities and advancing their careers.

Don't look at them as competition. Make them your friends.

Instead of asking for favors, find ways to support them and celebrate their successes.

Be an Excellent Teammate

Great leaders start as great teammates.

Look for ways to enrich the people on your team. Be the person who is always ready to help others get better.

You never know who is watching or the impact you will make on another person.

Find a Bad Ass Mentor

You need people on your side who will advocate for you when important decisions are being made.

Do not wait for people to pick you out of the crowd. This doesn't work.

Find opportunities to share your success and ask for feedback to help you grow.

Master Emotional Intelligence

The more responsibility you have, the more stressful your job can become.

Find productive ways to manage your stress so you can be at your best for your team.

You will never get a new job or client if you look overwhelmed with your current work.

Learning Web3 today is like buying a Bitcoin when it was at $10.

10 best resources to kickstart your Web3 development journey.

A Thread ↓

1. @dabit3 - YouTube

Learn everything from a simple Todo Dapp to a fully-fledged NFT marketplace.

Probably the best channel for Web3 developers at date.

2. Build Space

A new platform specifically built for Web3 developers.

Create your own token, and deploy a turn-based Blockchain game.

Learn by doing projects in their cohort-based courses - Completely

3. Crypto Zombies

A gamified learning experience.

Create your Zombie army and dominate the world using Solidity.

From zero to hero, a fully-fledged Ethereum development

4. Dapp University

A YouTube channel for those entering the Decentralized Finance space.

Beginner Web3 courses, and more complex topics such as Automated Investments.

Become the master of

Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.

In this we'll see Open Interest basics and Option Chain Analysis.

There are two types of Options, Call Option & Put Option.

This graphics show when to buy and when to sell options.

The first thing that we need to know is the moneyness i.e. whether an Option is At the money (ATM), In the money (ITM) or Out of the Money (OTM).

The strike closest to the market price is At The Money.

I have tried to explain OTM & ITM in a very simplistic & easy manner.

Option chain of Nifty can be seen here

There are 5.14 billion Google results for "how to build a startup."

Most are a waste of time.

Here are 5 that are pure gold:

1) Learn from Elon Musk, Mark Zuckerberg and other top entrepreneurs.

Essays, videos and interviews on startup topics including fundraising and growth from the best founders of our

2) Join a community of like-minded entrepreneurs.

Success stories, case studies and camaraderie as hustlers build side projects and MVPs in public, sharing what they

3) Find the right freelancers to get your product off the ground

Graphic designers, software engineers, content creators, marketers and more.

I've hired great people from around the world using this

4) Learn how to market your business

Facebook's Ad library lets you see the ads running for any company in the world.

It's a powerful tool to understand your competition and get ideas on how to position

@maxmaster21 @markminervini I use MarketSmith for scans. I look for their RS rating over 80 and weekly gains over 10%, along with market cap over 1 billion and daily trading volume over 300k. I run the scan daily, look at charts and pull names into a watch list. I then follow those stocks 1/

@markminervini I look at the history of the stock & see if it’s been honoring its 5 day, 10 day, 20 day, or other moving average. If it has been honoring one of those lines & it pulls back close to the ma of support or another level of prior support or resistance I buy if volume is light. 2/

@markminervini When I buy, I scale in and see if it’s working. I’ll usually give 1-3% of room beneath the support level before I cut it. I’d say I’m right less than but close to half the time. But my gains are bigger than 1-3% on average. I have very few positions (1-4) 3/3