5 star RSI Strategy by @VishalMalkan

Unconventional approach of 60-40 RSI and range shift concept.

According to him,
whenever the market is bearish,
it won’t be able to cross 60,
and whenever in a bullish trend,
it won’t be able to cross 40.

Like & Retweet for Maximum Reach.

So, instead of the 70-30 Relative Strength Index,
we will use the 60-40 range for the RSI indicator for this strategy.

When the
Monthly and Weekly RSI>60,
& when the RSI takes support at 40 in the daily chart,
it may bounce back and most probably it will not go below 40.

If a bullish candle is formed at the 40 RSI level,
the prices may bounce back, and one can enter the stock.

The stoploss can be placed at the low of that bullish candlestick,
and the target can be the 60 RSI level.

When the
Monthly and Weekly RSI<40,
& when the RSI takes resistance at 60 in the daily chart,
it may bounce back and most probably it will not go above 60

If a bearish candle is formed at the 60 RSI level,
the prices may bounce back from there, & 1 can enter the stock 4 shorting

The stoploss can be placed at the high of that bearish candlestick, and the target can be the 40 RSI levels.

#banknifty

This range shift concept can be applied in any timeframe,
whether intraday, daily,weekly, etc.

I gathered FREE tools for Traders.

Save ₹10,000 per month and 10+ hours each week.

Here's what they are:

Collaborated with @niki_poojary

🧵

1/ @screener_in

Stock analysis and screening tool for investors in India.

For Fundamental analysis, this is the #1

2/ @i4option

Closest tool to Opstra.

Let's you mock trade for free to get a feel for the real markets.

All features like market breadth, options and futures data etc is

3/ @tradingtick

Makes options trading easy with lots of options analysis tools.

Options data with Open Interest, FII Data, Trending OIs, heatmat etc.

Can get free Straddle charts here

4/ OptionX

Automate your option trading strategy without any coding.

Simply copy/paste their existing strategy from Stockmock and execute it with optionx

1. लेबनान रातों-रात मुस्लिम बहुल देश कैसे बना?

लेबनानी गृहयुद्ध से हिंदू क्या सीख सकते हैं?

इस्लाम के अधूरे एजेंडे - केस १ - लेबनान

इस थ्रेड में हम देखेंगे कि कैसे राजनीतिक इस्लाम समकालीन युग में भी एक गैर-मुस्लिम देश को नष्ट करके मुस्लिम बहुल बना लेता है।

2. किसी गैर-मुस्लिम द्वारा शासित देश में मुस्लिम को रहने की अनुमति नहीं है। ऐसा इसलिए है क्योंकि गैर-मुस्लिम, इस्लामिक योजना में, मुसलमानों से नीचे माने जाते हैं। और मुसलमानों से वाँछित है कि वे हर उस देश को मुस्लिम बहुल देश में बदलने का प्रयास करें जो अभी गैर-मुस्लिम बहुल है।

3. लेबनान पश्चिम एशिया में भूमध्यसागरीय तट पर स्थित एक छोटा सा देश है। १९७० के दशक में, इज़राइल को छोड़कर, यह इस क्षेत्र का एकमात्र गैर-मुस्लिम बहुसंख्यक देश था। और यह एकमात्र लोकतंत्र भी था। और यह उसका लोकतंत्र था जिसके कारण अंततः यह देश मुस्लिम बहुल हो गया।

4. लेबनान एक प्राचीन देश है जिसका उल्लेख बाइबल में किया गया है। इसकी बेका घाटी समुद्र के पास पहाड़ी क्षेत्र के रूप में प्रसिद्ध है। १९७५ तक लेवेंटाइन संस्कृति का अर्थ ही था लेबनान । मौसम और संस्कृति में भी सौम्य। अच्छा भोजन, आतिथ्य और विविध संस्कृति।

5. इसकी राजधानी बेरूत को पूर्व का पेरिस कहा जाता था। संसाधन संपन्न होने के बाद भी, यह सदैव एक उत्कृष्ट नगर था क्योंकि लेबनान लेवान का एक हिस्सा है, जो अफ्रीका, एशिया और यूरोप को जोड़ता है और इसलिए सदैव तीन महाद्वीपों के चौराहे पर होने के कारण यह व्यापार और समृद्धि का केंद्र रहा।

If you use it right, Iron Fly is the most solid risk-defined strategy in trading.

But most people don't know how to adjust the strategy when it goes wrong.

Here are 7 adjustments you can do to lower risk and increase profitability: 🧵

Collaborated with @niki_poojary

0/ Who is this for?

This will greatly benefit people who freeze when it comes to managing their trades and keep booking losses.

Some trade with too much fear as well when things go wrong.

Knowing these adjustments will give you the confidence to try to manage your trades.

Most of them are to lower risk on the side the market is going in.

Some adjustments even increase the profit potential and probabilities of the trade being in profit on expiry.

Let's begin by having a look at the adjustments.

Here is the adjustment number 1 below.

1/ Don't do anything till your breakeven arrives

One reason these strategies go wrong far too quickly is due to adjusting them too frequently.

You can escape most adjustments if you simply wait for the market to arrive at your breakeven.

This will work well in monthly options.

2/ Remove Risk from Untested Side

If you've taken an iron fly and the market has gone up you can shift your put buy upwards and lock the downside risk to potentially zero.

This way you've secured one side and just need to manage the bleeding side.

20 lessons from trading legend Stan Weinstein:

Volume is a gauge of how powerful the buyers are... Never trust a breakout that isn't accompanied by a significant increase in volume.

1/20

There are currently over 1.86 billion websites on the internet.

Few are truly valuable.

Here are 20 that do: 🧵

Collaborated with @niki_poojary

1/ Bitly: URL Shortener

Do you want to add links to your tweets to make them fit the character limit?

Here's how you can.

'Shorten the URL of any

2/ The Scale of the Universe

Find out how big the universe really is and how small/insignificant we

3/ WindowSwap

Opens a new window every time somewhere else in the

4/ Ilovepdf

Can split or merge a pdf and change it to word/jpeg/ppt etc.

#Thread on Sri Rudram

The text of Sri Rudram is drawn from Krishna Yajurved, one of the four Veds.

Sri Rudram is divided into two parts - the Namakam and the Chamakam.

Namaka lays stress on virakti (detachment) whereas Chamaka dwells on desires for this and that. What is to be discarded and what is to be desired?

"NA" means no, while "MA" means want. I don’t want anything, I don’t want anything is the first half.

While the second half, chamakam means I want. I want indicates being full of desires. What do they desire? Oh Bhagwan, grant us pure air; grant us good drinking water; bless us with good food.

A shlok defines Sri Rudram very beautifully: "Among all sources of knowledge, the Vedas are supreme. In the Vedas, Sri Rudram is supreme. In the Rudram, the Panchakshari mantra (namah Sivay) is supreme & in Panchakshari mantra itself, the two syllables 'Siva' is supreme!"

The benefits of chanting Sri Rudram are

• Rudra drives away negative energies.

• Helps us to sail this ocean called life smoothly.

• Removes Ignorance, and helps us to realise our true selves.

Okay ladies and gentleman, the time has finally come for Mr. Garvin's mega Don't Go To The Doctor thread ❌🩺❌ 🧵

"But Mr. Garvin, aren't you a medical student?"

Yes! And the more I learn about the medical system the less I want to interact with it!

Lame disclaimers:
1) not medical advice (I am a guy on the internet lol)
2) "don't go to the doctor" doesn't literally mean to never ever see a doctor under any circumstance. There are good ones and sometimes you need them. But as you'll see, you should be quite careful about it

I'm gonna break this down into roughly four sections:
1) General effectiveness (and risks) of medical intervention
2) Declining standards in medical education
3) Physician Conflict of Interest
4) What you should do

Part I: Effectiveness and Risks

In this section we're going to ask two questions:

1) When a doctor does something for their patients, is it usually helpful?
2) Do doctors harm their patients?

The answer to 1 is "sometimes", and the answer to 2 is "often"

The most important concept to understand in this section is that of "medical reversal". Medical reversal is when a treatment (a drug, surgery, anything) gets widely rolled out into medical practice, only to be shown to be either ineffective or harmful later.

The world's 30 most beautiful bookshops:

1. Livraria Lello in Porto, Portugal

2. Arc N Book in Seoul, South Korea

3. Cărturești Carusel in Bucharest, Romania

4. Atlantis Books in Oia, Greece

5. Cafebrería el Péndulo in Mexico City, Mexico

According to Psychologists, there are four types of Intelligence:

1) Intelligence Quotient (IQ)
2) Emotional Quotient (EQ)
3) Social Quotient (SQ)
4) Adversity Quotient (AQ)

1. Intelligence Quotient (IQ): this is the measure of your level of comprehension.

You need IQ to solve maths, memorize things, and recall lessons.

2. Emotional Quotient (EQ): this is the measure of your ability to maintain peace with others, keep to time, be responsible, be honest, respect boundaries, be humble, genuine and considerate.

3. Social Quotient (SQ): this is the measure of your ability to build a network of friends and maintain it over a long period of time.

People that have higher EQ and SQ tend to go further in life than those with a high IQ but low EQ and SQ.

Most schools capitalize on improving IQ levels while EQ and SQ are played down.

A man of high IQ can end up being employed by a man of high EQ and SQ even though he has an average IQ.

Your EQ represents your Character, while your SQ represents your Charisma.

Give in to habits that will improve these three Qs, especially your EQ and SQ.

Now there is a 4th one, a new paradigm:

4. The Adversity Quotient (AQ): The measure of your ability to go through a rough patch in life, and come out of it without losing your mind.

If you want to win an argument, don't make these mistakes:

First things first: The best way to win an argument is to not enter one in the first place.

However, we don't always have that luxury and can sometimes find ourselves needing to defend a point of view.

If this happens, here are 15 logical fallacies to avoid:

Anecdotal (vs. Empirical Evidence)

Using a personal experience or an isolated example to try and prove a point instead of empirical or more compelling evidence.

Humans tend to believe and relate to stories, but don't fall into this trap.

What's true for you isn't always true.

Likely or Plausible Fallacy

Likely: Incorrectly assuming that just because something is possible means that it is likely.

Plausible: Incorrectly assuming that just because something is plausible means that it is true.

Begging The Question

Involves presenting a circular argument where the conclusion is included in the premise.

Examples:

1/ "Of course smoking causes cancer. The smoke from cigarettes is a carcinogen."

2/ "Circular reasoning is bad mostly because it's not very good."

10 free websites that are so valuable they feel illegal to know:

1. TinyWOW:

Get free versions of tools you usually pay for. Includes free versions of:

• Adobe Acrobat Pro (PDF editor)
• Photoshop (image editor)

2. Jenni AI:

An AI auto-writing tool that automatically writes your essays and emails for you.

All you have to do is give it a title and a couple of sentences.

3. Temp-mail

Temp-mail gives you a temporary email and inbox to help you sign up to a website and avoid all the spam down the line.

4. Quillbot:

Quillbot is a paraphrasing website that rewrites everything as plagiarism free text.

Super handy if you're in college.

NAMAKKAL ANJANEYAR

Namakkal Anjaneyar Temple is located in Namakkal Dt. Anjaneyar is about 18ft tall seen with folding hands praying to Narasimha Murthy.

Story says that, Once when Anjaneyar was carrying Saligrama from Mandakini river, was surprised to see Mahalakshmi here. Devi was praying for Bhaghavat darshan in the form of Narasimha. As Saligrama must not be kept on the ground Anjaneya requested Devi

To hold it till he returns. Hanuman didn't return on correct time & Devi placed the saligrama on the ground, which grew to a hill & Mahavishnu gave darshan as Narasimha here. Thus Anjaneyar also stayed here worshipping Narasimhar. Vada Mala is very famous here.

💮🌺Madhubani Art🌺💮

The Madhubani or Mithila paintings of Bihar are one of the most vibrant folk arts of the world. Using natural dyes/pigments and fingers, twigs, matchsticks, brushes and pens, it is an art form dominated by women, who use it as...

...self expression and to reflect the mores of their society and region.

The form dates back to the Ramayana period, but was revived by WG Archer, an Englishman in the 1940s. It is divided into 5 distinct styles.

The skills are passed from mother to daughter, the decoration of the kohbar(the newly weds room) being the culmination of a lifetime of learning the art.Thereby,it makes sense that overweening themes are love & fertility,accompanied by religious motifs from Sanatan Vedic Culture.

Madhubani has traditionally been painted on mud walls but in recent years, artists such as Sita Devi and Ganga Devi have made paper /canvas works that stand individually as art.

Their interpretation of western themes such as the Twin Towers, the Arlington Cemetery and roller coasters are worth appreciating. Artists such as these are now collected in Japan and the USA, where the Asian Art Museum held a special showing.

10 truths I wish I knew when I started trading:

Trading always was, is, and will always be a game against yourself. Nobody can make it happen for you, and there’s nobody to beat.

Your only chance of winning is to practice being a better version of yourself today than you were yesterday.

/1

Traders waste so much energy lamenting on "I missed this" - if all that energy was spent on fixing a problem they just identified — many of them would be better off than they are today.

Be a good problem solver, not a complainer. That negative energy is no bueno.

/2

Performance is a byproduct of position sizing.

Position Sizing stems from conviction.

Conviction is built by doing deep dives and studying specific setups in the markets, especially ones that tap into its structural tendencies consistently.

/3

Have a few setups you know really really well.

I have hundreds of examples on each, done deep dives & can trade them when I see them instinctively.

You have to know exactly what ur looking for…so u can repeatedly execute those setups & make them sources of income.

/4

The big food industry spends $14 billion a year to trick you into eating their products

“All natural”
“Organic”
“Natural flavors”
“Free range”
“Grass fed”

What do these actually mean? And what should you really look for?

(Thread)

Grocery stores are loaded with products that brag about their seemingly beneficial qualities.

Most people WANT to eat healthy, but aren’t informed to see past deceptive marketing.

In this thread, I’ll go through what these titles mean, and how to determine what is worth buying

The first, and maybe most common product label is “all natural”.

The FDA says that natural means no added colors, artificial flavors or synthetic substances.

However, there is ZERO formal regulation from them. That means it’s up to to take the food manufacturers’ word for it.

Items can still contain high fructose corn syrup, seed oils, antibiotics, GMO’s, etc and still be labeled natural.

Therefore, the term is pretty much meaningless.

The next label that most people take into consideration is “organic”.

In order to be considered organic, food do adhere to pretty strict regulations. However, that doesn’t necessarily make it healthy.

#ICICIBank #Futures #Anchor Follow through

Probable Double Top Buy trigger level is above the down sloping trendline

Trend line breakout indicates correction over and Trend resumption

Repeat or not ??

#NASDAQ100