Trading is very simple if you cut down steps. Let me explain my trading style. Every month i have target of collect 1000 points in bank nifty with capital of 10L . So every week i should collect of 250 points . I will invest 50% in bank bees ETF and pledge that money.

Now i have 50% cash and 50% Pledge money. So for ex i have invested bees when market at 39k. After i pledge i will sell 42000 above calls in weekly worth of 150 to 200 points. If market going up let say 39500 to 40000 will start sell 37k below puts to collect remaining 100 point

Case1:- If market going up will loose in calls so will put sl of tipple of premium which i sold in calls.If it hits will exit that calls and rolled up to 43000 above calls and will shift puts.

Case2:- If market going down will loose in puts but will wait till 38500 levels . Same way will put tipple sl for sold puts. If sl hits will exit and will sold 36k below puts and rolled down the calls.

Case3:- If market is doing time pass with range of 38500 to 40500 will get 250 points easily and will sell next week call options.
Trust me it is giving money to me since last 3 yrs . Test it for 2 or 3 months in live market and deploy.

The 7 must-have books everyone using Python for algorithmic trading needs to know:

Algorithmic Trading with Python: Quantitative Methods and Strategy Development

Algorithmic Trading with Python discusses modern quant trading methods in Python with a heavy focus on pandas, numpy, and

Algorithmic Trading with Interactive Brokers (Python and C++)

This book walks through the process of developing applications based on IB's Trader Workstation. Learn how to implement full-scale trading

Learn Algorithmic Trading: Build and deploy algorithmic trading systems and strategies using Python

Understand the fundamentals of algorithmic trading to apply algorithms to real market data and analyze the results of real-world trading

Python for Algorithmic Trading: From Idea to Cloud Deployment

You'll learn several ways to apply Python to different aspects of algorithmic trading, such as backtesting trading strategies and interacting with online trading

In 2021, I used to be a serial procrastinator.

Now I get 8 hours of work done in 4.

Read these 6 books to never procrastinate again:

1. Deep Work, Cal Newport

“Less mental clutter means more mental resources available for deep thinking.”

2. Building a Second Brain, @fortelabs

"It’s time to acknowledge that we can’t “use our head” to store everything we need to know and to outsource the job of remembering to intelligent machines."

3. Atomic Habits, @JamesClear

“You do not rise to the level of your goals. You fall to the level of your systems.”

@JamesClear 4. The ONE Thing, Gary Keller

“Until my ONE Thing is done — everything else is a distraction.”

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.

4.3 billion people use Google every day.

But 99.9% of them don't know how to search Google properly.

Here are 15 tips to use Google more efficiently:

Use quotes

When searching for something specific: use quotes.

Search: Sun the perineum

And the engine will search for content that contains those 3 words in any order.

But if you search “Sun the perineum” it will search for that phrase exactly as you typed it.

Use a colon to search specific sites

Search: law of attraction site:https://t.co/XRep1lKOZU

Will show you results on the 'law of attraction' only from my website.

Find sites that are similar to other sites

Search: related:https://t.co/QOHfyrxF81

Will show you all the sites related to Twitter.

Find a specific file

Syntax: Wisdom filetype:pdf

Will show all pdfs related to 'wisdom'.

This can mostly be useful for scholarly purposes, business presentations and other assorted presentations.

I have watched lot of movies but only few movies would change your perspective towards life, here’s the 10 movies that really changed my mindset

1.The Theory of Everything

Brilliant acting , truly mesmerising portrayal on life of Stephen Hawking, never felt bored even for a sec

2. Rush - it’s a film about F1 racer James Hunt & Nikki Lauda, excellent narration and incredible acting. The dialogues were truly masterpiece and it’s still stays in mind even after 9 years

3. The Founder - This movie released at the right time in my life, when I was about to quit my job and focus full time on my startup. This movie is all about single man Ray Kroc who built a billion dollar empire McDonalds. This is the best entrepreneurship movie ever made.

4. The Imitation Game - I watched this movie when I started my rule based trading journey in 2014, struggled a lot during my initial phase with code, unable to get any breakthrough, this film gave my that ray of hope. It’s about a mathematician who broke the code n won the war

5. The Pursuit of Happyness - any favourite Movie list would be incomplete without this movie. Will Smith, damn what an actor he is. I watched this movie when I was in college days, still remember the day, I was crying non stop during the interview scene. Brilliant film.

Some of the F2F Interviews done by @Abhishekkar_ and @elearnmarkets @vivbajaj have helped us to sharpen our skill in #trading and #investing.

These 10 F2F videos could make you one step closer to be a better trader !

5th one is our favourite !

A thread 🧵

has shared about his trading journey in his video. How he started trading with his savings from pocket money and right now he is one of the best trader who has helped us and many others in their trading

Sir have make big money in Futures and Options. His trading style is simple short when supports breaks and long when resistance breaks.
Simple strategy to execute provided one is

Subasish Pani: Meet a Trader in India who makes Crores by Trading Derivatives!

We learnt how to trade #Options in very simple language. Unfortunately he is not on Twitter, but do check his #YouTube

is most humbled and one of the best trader in stocks. He has shared a strategy to trade in stocks.

Do check out his twitter handle, lot of things on price action trading can be

11 Excel Formulas To Increase Your Productivity:

1. XLOOKUP

Use the XLOOKUP function to find things in a table or range by row.

This is an upgrade compare to VLOOKUP.

I'm looking for revenue of a given product for multiple years. Unlike VLOOKUP, adding a column won't break the formula.

The formula: =XLOOKUP(A11,A2:A8,B2:H8)

2.LAMBDA

Use a LAMBDA function to create custom, reusable functions and call them by a friendly name.

This is a powerful function to create your own calculations.

In our case, we wanted to calculate the income after deducting tax.

The formula: = LAMBDA(x,y,x*(1-y))

3. CONCATENATE

Use this function to join two or more text strings into one string.

I'm trying to combine the first name and last name in one cell.

Don't forget the “ ” and the space in the middle if it to separate the two texts.

The formula: =CONCATENATE (A2,“ ”,B2)

4. COUNTIF

Use COUNTIF to count the number of cells that meet a criterion.

I'm counting the numbers of times these companies have been the best companies in different years.

The formula:=COUNTIF(A2:B22,A25)

Four Powerful Techniques to Trail Stop-Loss and Maximize Gains.

Are you still suffering from the problem of taking profits too early or getting stopped out too early?

Then this thread is for you.

This writeup will introduce you to some powerful techniques of trailing stop-loss which will help to stay in a trending stock for more time and hence maximize your gains.

Let's dive right in! 🧵

I have spiced up these techniques with some tweaks to make them more effective in riding the juiciest part of the trend.

Trailing is a technique that works well in a strong trending phase of the market.

The market is said to move in four phases – accumulation, markup, distribution, and markdown.

The markup and markdown are the trending phases so, trailing would work best during these phases.

The four techniques that I am going to discuss are:

1. Moving Averages Stops

2. Super Trend Stops

3. Swing Lows Stops

4. Percentage Stops

What! Do you already know about them?

I bet after going through the text below you will learn some new tweaks.

Google Chrome is the best web browser out there.

But the right chrome extensions make it even better.

Here is a list of 16 free extensions you'll wish you knew yesterday
: 🧵

Collaborated with @niki_poojary

1. Video Speed Controller

Speed up, slow down, advance, and rewind videos.

Can play videos at 0.7x or 1.3x etc, instead of the normal 0.5x

2. Onetab

Reduce tab clutter

Convert all of your tabs into a list.

When you need to access the tabs again, you can either restore them individually or all at

3. Honey saves you money and earns rewards when you shop online.

Gives you the best

4. ClearCache

Clears your cache and browsing data with a single click of a

More than a million traders learn from Youtube videos.

But most of them don’t know how to use Youtube effectively.

Here are 8 ways to double Youtube productivity today:🧵

Collaborated with @niki_poojary

1. Avoid ads

Constant ads are the biggest irritation when it comes to Youtube.

Just download Adblock Plus to avoid ads on your computer/desktop.

Save up on time.

Here is the link to download it.

2. Block Ads on Youtube Mobile - (Youtube Vanced)

Most people aren't aware that they can block ads on youtube mobile too. Don't need to purchase Youtube premium.

How? well, just download Youtube Vanced.

Here is the link to download Vanced

3. Make another account

Make a new account and follow channels related to trading and keep that youtube account only for trading videos.

This way you don't miss out on any trading videos and have them clubbed together.

My main Youtube account I keep for other entertainment.

4. Subscribe to your favorite channels

Go to your subscriptions tab.

Here you'll see the videos released that day of the accounts you follow.

Add to queue all the videos you want to watch which have been released that day. Consume those together.

THREAD: SAVE YOUR TAX ON TRADING INCOME

Investors and traders want to make big money in the stock market. But what about paying taxes. All of them would like to save some chips.

In this thread, you will learn a few smart ways to save on your taxes

1. Set-Off Your Losses

Losses from speculative trading can be set off against speculative gains made during a year.

You can carry forward these losses for 4 years.

These losses can’t be set off against non-speculative trading income.

Losses from Short Term Non-Speculative trading can be set off against STCG as well as LTCG for the same year.

However, losses from Long Term trading can be set off against LTCG only.

An investor can carry forward such losses for a period of 8 years.

2. Plough Back Your Profits

Exemption on LTCG of up to 1 lac. So, you can plough back these gains to increase your capital.

Example ~

Investment = 5 lacs
Time period = 1 year
Profit = 1 lac

Book this profit after one year and re-invest after a few days.

No tax liability for this 1 lac but this time your new capital invested will be 6 lacs.

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?

Thread about how I managed to avoid big slippage in freak trades.

1. In BNF for strangles I always trade in strikes which are multiple of 500 like 36000, 36500 and in Nifty always trade in multiple of 100 like 17300 and 17400, on these strikes you got enough volume

(1/6)

2. In case of straddle you don’t have any option to choose strikes because you have to sell ATM in this case now main focus should be on SL management.

(2/6)

3. I always use SL-Limit order, never try SL-Market order, In SL limit order.

4. I always keep SL on round number like 450, 460 or 500 and always keep 2-5 points trigger inside this. Like if my SL is 263 then I will keep 270 as SL with 265 as trigger price.

(3/6)

5. Now there is one problem in this system that if some day market fall suddenly 1000 points and your SL get skipped, So to avoid any black swan event, I always keep SL buy order in OTM options in double quantity.

(4/6)

Let I have 1000 quantity in selling side then I always keep 2000 quantity buy SL order in OTM with 10 points trigger price. And buy strikes premium should not be less then 25-30% of selling premium.

(5/6)

PDF link. Let me know your thoughts, suggestions and criticism!

https://t.co/L7BJ0LEI5K

Back in 2014, when financial #education was restricted to a few, we decided to make #content accessible & affordable for all

With that resolution, in 2016 we launched #webinars with the best trainers sharing their most valuable #trading #strategies

It worked. Read why & how? -

We had the #best trainers sharing valuable strategies in 2-3 hours webinar at < ₹500, it became an instant hit and there was no looking back.

Out of our 250+ #webinars, here I have handpicked the ones which has the power to change your TRADING DESTINY.

Sivakumar Jayachandran - @Justsiva123, a NISM Certified Professional for Equity Derivatives, talks about Scalping which refers to a style of trading where an #INTRADAY trader makes money purely on the #price momentum.


Chetan Panchamia - @123chetanp 17 years in the market is presently a full-time Professional #Trader focusing on index options. His webinar is focused on bank nifty options & shares strategies to skill up with trading bank nifty options.

List of #AlgoTrading platforms:
1.https://t.co/XsOdkkKYXR

9.https://t.co/NQUQZ1OcbU
10.https://t.co/VtncAv7wj9
11.https://t.co/QKUmJ5j65F
12.https://t.co/3snlsaj8Xi
13.https://t.co/GDBlnlaAuK
14.https://t.co/b5pypKZryE
15.https://t.co/2bu6upuM1L
16.https://t.co/aVSxzPqjLB

Time for a Thread🧵On yesterday’s “F&O Pe Charcha - Diary Of An Option Seller” with @Mitesh_Engr by @Paytm Money

Why Gain/loss ratio is important that the batting average
• More than the Win Loss ratio check the total Gain /loss ratio
• If your avg loss is 1% and avg gain is +5% then even if you are losing in 7 positions and winning in 3 out of 10 still you will be net profitable

Treat Trading as a business:
• Stick to a single strategy. Eg: A restaurateur usually wouldn’t be changing his recipe on a daily basis
• Mitesh Sir only works on BO or BD strategy, as he is a versatile trader

• Any trader should atleast experience 3 scenarios i.e. bull, bear & consolidation
• Target 4% per month i.e. 48% p.a.
• Option buying requires skill, everyday there wont be huge momentum, so buying options won’t yield good results, but high chances of falling into a bad habit

Stock Selection:
• In F&O segment there are ~150 stocks
• Not everyday all stocks will move
• Only 5-7 stocks move upside or downside
• Focus only these momentum stocks
• Check which one is moving
• Range BO/BD never disappoints. BO/BD from a rectangle (consolidation)