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Alright let's do this

1 retweet = 1 harsh Psychology truth from a retired psychotherapist

Most men avoid therapy because most therapy approaches are not designed to help the male brain deal with pain or find solutions. That makes men believe therapy is worthless. And men skip things that feel worthless.

Most people use therapy the way humans are meant to connect with our 5 safety net systems, which we retained even up to 100 years ago:

Immediate family
Extended family (kin)
Family friend network (kith)
Local community
Religious community

All 5 are now broken.

Chronic pain is often correlated with low oxytocin.

Oxytocin is a hormone that (among other things) is released in large quantities inside our good relationships as we interact, feel loved, and embrace others.

Ongoing bad relationships afflict most chronic pain sufferers. 👀

Many people who take multiple psych meds to manage their symptoms would be better off fixing their relationships to help improve their brain chemistry.

Most mental health systems will never tell people this, because the system is mostly built to address symptoms.

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Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵 Weekly Bank Nifty Analysis for 8th December Expiry:

To form a view, let's have a look at:

1. Multi-timeframe Technical Analysis
2. Option Chain Data

Also, 3 strategies to deploy for:

1. Aggressive Traders (2.6%)
2. Moderate Risk Traders (1.3%)
3. Low-Risk Traders (0.8%)

1. Technicals

Let's start by doing some basic technical analysis.

We'll look at:

• Weekly charts.
• Daily charts.
• Hourly / 60 min charts.
• 15 min charts.

1. Weekly-

• The market has given 4 continuous green closes, so not expecting a big momentum on upside.

• This week my view is that it can take a pause.

• Longer term trend is super bullish.

• Any dip will towards 41800 will be a retest, and should be used to go long.

2. Daily:

• Candlestick pattern—Hanging Man

• Chart Pattern—Breakout Failure

• A pin bar candle is very powerful but only after a downmove.

• Here it forms near the top of upmove.

• Means some sellers are present. Below 43000 can sell calls above 43600 for the week.

10 Netflix Documentaries To Improve Your Understanding of Life:

1. Minimalism

2. Downfall

3. The Last Dance

4. The Mind Explained

5. The Great Hack

Over the last 18 months, I have scaled my income to around ₹10,00,000 or 10 lakhs per week with drawdowns below 10%.

How?

@niki_poojary taught me how to form a weekly trading plan.

I'm going to share what I've learned in this thread.

Here's the simple 10 step process: 🧵

1. Check on the daily chart if Bank Nifty is in a higher high or lower low:

A higher-high (HH) is a bullish pattern, it signifies that it is difficult for the market to go down.

If that has formed on the daily chart, the market will give all the surprises on the upside.

If the market is in a higher high mode, look for good opportunities to sell puts.

Usually, at a higher high, traders buy on breakouts and also buy the dips.

If you want a good Risk-Reward, you can sell puts on a dip. (Only if it's showing some reversal)

2. Take High Probability Trades

Simply knowing a higher high or lower low does not make money. It gives you a bias for the week.

Still, you should try to take higher probability trades that align with your view of the market.

This will get you consistency and a good mindset.

3. Support & Resistance

I would say Support Resistance is the most important and favorite thing for @niki_poojary.

She keeps updating these levels with charts on her Twitter handle during live markets daily.

Attaching some examples will do a detailed thread on this later.

Most of the successful traders here are option sellers.

Ever wondered why?

Why we have chosen option selling?

Find our below

1: Being wrong and still making money.

We as option sellers can be wrong with our market view and still end up making money because of the power of theta decay and adjustments to some extent.

Adjustments work better as get closer to expiry since decay is the highest.

2: Theta decay

The biggest reason and one of the prime reasons is the theta decay.

Option sellers always have an advantage because the as time passes, the option premium falls even if the underlying instrument doesn't move.

3:Playing directional view

Option selling also enables us to take a directional view. In fact, directional view along with theta decay makes it a solid combination.

Debit spreads and credit spreads works great for a directional view.

4: Playing Neutral view

We can make money in option selling even if the market doesn't move as the otm options will go to 0 with the help of theta decay. It's the most fascinating thing.

This is what attracted many into option selling.

Roadmap to become a successful trader:

1. Trading system

A trading system is the offensive weapon to get more money.

- Learn the basics (market structures, R/S, candlesticks patterns, etc.)
- Find 1 or 2 killer setups
- Backtest and store past data (WR, RRR, etc.)
- Trade

2. Risk management

Risk management is the defensive weapon to protect your money.

- For 30 days focus only on risk (not money)
- Store data and check progress (in the meanwhile you develop some self-discipline and consistency)
- Repeat

3. Psychology

Psychology is the tool to control your offensive and defensive weapons.

- Think in probabilities (Everyone can lose the next trade)
- Think long term (1 trade is nothing, 1000 trades are everything)
- Use mistakes and failures as fuel to become a better trader

4. Mix everything together

Trading is much more than a trading system.

- Without a profitable trading system you cannot get more money
- Without proper risk management you cannot protect your money
- Without a proper mindset you cannot survive in the long term

I became a millionaire at 48...

If I had to start again, I would read these 10 books, in this order, to get there 10 years sooner:

1. The Millionaire Next Door, by Stanley & Danko

What you'll learn:

• >80% of millionaires are self-made
• Focus on building wealth, not social status

2. The Psychology of Money, by Morgan Housel

What you'll learn:

• The way you think about money determines your wealth
• Doing well with money results from your behavior

3. The Laws of Human Nature, by Robert Greene

What you'll learn:

• People are superficial and react emotionally
• How to become a calmer, more strategic observer of people

4. Personality Isn't Permanent, by Benjamin Hardy

What you'll learn:

• Personality isn’t something you’re born with
• You can change how you behave and, therefore, your personality

Price + Open Interest (OI) + Volume = Deadly Combo

There are many tools for Open Interest. Options Decoder from @TrueData2 is one of the simple yet powerful tools on options and OI.

Below are the 10 Powerful Features of Options Decoder

Thread 🧵🧵

(1/N)

#1 - PE CE Difference

This feature combines the OI of call options and put options and plots against each other.

At one glance, we can know what big players are doing!

(If they are selling more CE means, they are bearish on the underlying instrument)

(2/N)

#2 - Advance/Decline

This feature displays all the F&O stocks in one place.

In one click, we can see the stocks in any order (like an increase in price, increase in OI, or decrease in volume, etc).

A highly useful feature for options traders!

(3/N)

#3 - Open High

This feature displays all the strike prices that have an open high (or open low) for the selected instrument.

If many CE strikes show "Open Low", then the market is bullish!

(4/N)

#4 - IV Price-OI Chart

This feature plots CE and PE vs. Open Interest (OI) for the ATM strike price.

Always Remember:

CE Long Build Up + PE Short Build Up = BULLISH

PE Long Build Up + CE Short Build Up = BEARISH

CE Short Build Up + PE Short Build Up = SIDEWAYS

(5/N)

Most people want to be an investor

But most investors don't know understand how interest rates control inflation

Here's how interest rates control inflation:

1/ Raising interest rates can send a shockwave throughout the whole economy.

It can sink consumer confidence, result in fewer jobs, and tank stock prices.

If the Fed goes to fast, it will send the economy into a recession.

So why would they even raise interest rates?

2/ Let's start with the basics

If you borrow money, you will have to pay back a little extra (interest) to make it worth while for the bank.

If you save money, you will be given money (interest) as a reward for keeping money in the bank.

3/ The size of your reward depends on the state of the economy

There is no single interest rate in the economy. You have thousands of commercial banks setting their own interest rate for their customers.

This is all influenced by the central bank (Federal Reserve)

4/ What do Central Banks do?

A central bank is like a bank for banks.

Banks have reserves which is essentially their cash on hand.

Banks can earn interest when they leave their excess reserves with the central bank.

Top Data Science courses from Google 🚀

A thread 🧵👇🏻

1/ Big Data & Machine Learning

2/ Perform Foundational Data, ML, and AI Tasks in Google

3/ Create ML Models with BigQuery

4/ Insights from Data with

8 superfoods that will 10x your body mass:

1. Red Meat

Red meat is an excellent source of protein that aids in weight gain and muscular development.

It has leucine and creatine, which are substances important for increasing muscle building.

Protein and fat found in steak and other red meats contribute to weight gain.

2. Starchy Foods

Potatoes, sweet potatoes, corn, whole grain bread, oatmeal, whole wheat pasta, and brown rice are high-carbohydrate foods.

Carbohydrates, which have a protein-sparing effect, are essential for muscle growth along with proteins.

3. Eggs

Eggs are a powerhouse of protein, zinc, vitamins A, D, B 12, phosphorus, and folate.

Egg protein has a high biological value, which makes it the ideal post-workout snack.

There are 90 calories, 6.7 grams of fat, and 6.1 grams of protein in one large scrambled egg.

4. Fatty Fish

Essential fatty acids and proteins are abundant in fatty fish like salmon.

They aid in weight gain and immune boosting.

The finest source of omega-3 which is important for weight gain is found in these fish.

Ray Dalio understands the macro environment as well as anyone.

While most investment managers were down big during the Great Financial Crisis, Dalio’s fund was up 8.7% in 2008.

Here is how Dalio views our global economy today:

In order to prepare for the future, it’s important to study history and see how things have played out in the past.

In his book, Big Debt Crises, Dalio studied more than 48 debt crises that have occurred throughout history.

Our global economy from a high level is driven by three things:

• Productivity Growth
• The Short-Term Debt Cycle
• The Long-Term Debt Cycle

In the long run, the economy is primarily driven by productivity

In the short run, the economy is primarily driven by credit and debt

According to Dalio, credit is the most important part of the economy and the least understood.

Dalio defines credit as the giving of buying power.

The buying power is given to the borrower in exchange for a promise to pay it back, which is debt.

Credit can be a good thing because we can purchase something today that we otherwise wouldn’t be able to.

It’s especially good when credit is used by individuals and businesses to expand the production of the overall economy.

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#Thread
What are the rules for keeping the idol of Bagalamukhi Maa at home?

Sadhak needs to follow the rules while doing baglamukhi anusthan.

1. Baglamukhi anusthan (Baglamukhi puja) can be done at home. Sadhak does not need to go to any temple.

2. Place a baglamukhi photo & yantra at your puja temple.

3. Sadhak must do constant number of mantra jaap

everyday. if you want to complete your anusthan in 40 days then 32 malas needs to be done everyday. In case in the beginning of anusthan if you are not able to do 32 malas then you can start with less numbers and then increase day by day. Numbers of malas can be increased but

but can not be decreased.

4. Haldi Mala (Rosary of 108 beads which is made up of turmeric) should be used to chant baglamukhi mantra. A rosary has one hundred eight beads but only hundred mantras are counted.

5. Sadhak should maintain the celibacy in austhan period.

6. Sadhak must sit on yellow asana, must wear yellow clothes & should offer yellow sweets to ma baglamukhi.

7. In anusthan period do not hurt anyone & keep silence as much as possible

There’s no such thing as “too busy to exercise”

A top 1% physique can be achieved in 30 minute intervals.

Here are the 9 exercises you need to do to get jacked without free time:

Listen, I get it.

You're busy. I'm busy. We're all busy.

I know how it feels to have "no time" but what I've found is you can get amazing results from short yet intense workouts.

It all starts with getting good at the most effective exercises.

Let's begin with chest:

1. Flat Barbell Bench Press OR Seated Chest Press Machine

Both of these exercises hit the chest, shoulders, and triceps quite well.

3 muscles for the price of one lift.

Choose ONE of these exercises and stick with it for the next 3 months and you'll grow fast.

Next up:

2. Pec Deck OR Cable Flys

The chest is an interesting muscle, and I've noticed that pressing alone doesn't work for most people, myself included.

Either of these exercises will help you build a bigger, stronger chest much faster.

Pick your favorite.

Now let's talk BACK:

3. Seated Machine Rows OR Dumbbell Rows

The key to an impressive back is horizontal rows. Pulling through the elbows to just above your hips is like magic for your traps, lats, biceps, forearms and more.

Pick one of these, then combine it with:

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