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.
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
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.”
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.
But 99.9% of them don't know how to search Google properly.
Here are 15 tips to use Google more efficiently:
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
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.
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.
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
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)
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))
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)
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.
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.
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
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
Clears your cache and browsing data with a single click of a
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.
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.
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.
If this list helps. We would highly appreciate a Retweet and Like to further maximise the tweet reach❤️
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.
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?
20 Powerful tweets to learn from @markminervini
Never let a loss exceed 8% changed his trading game for the
The big turning point in my trading came when I made a decision and vowed to NEVER EVER let a loss exceed 8%. During the next 5 years I averaged 220% per year for a total compounded return of 33,500%. It's been 28 years since and I have never broken that discipline not even once!— Mark Minervini (@markminervini) April 26, 2021
Key early decisions to make for your trading
A few key decisions early in my trading career and my financial life completely changed for the better in just a few years.— Mark Minervini (@markminervini) June 13, 2021
1. No big losses
2. No averaging down
3. No chasing extended stocks
4. No giving back decent profits
5. Always get odds on my money
Never listen to
Only losers discourage dreamers. Only those who never achieved big things discourage those attempting to achieve big things. Only those who think small discourage those who think big. Never believe discourages. The have no credibility! Believe winners. Believe in YOU! \U0001f447 pic.twitter.com/JdAhRy3lRJ— Mark Minervini (@markminervini) June 14, 2021
Please note that there is no way to get the historical lot size of stocks futures, NSE don't publish it directly, so we need to do some calculated steps to get that data. Download Market Activity report https://t.co/HKLkSVtXEI
The zip file contains multiple files, open the second file.
The file will contain stock symbol, expiry date, OHLC data, along with that you get traded quantity and No of contracts traded, using this data we can calculate the lot size of every stock symbol. Simply divide Traded QTY / NO of contracts gives you the lot size.
So to get the historical stock futures data, all you need to do is change the date in the below link
https://t.co/xIBXsPpIVt For an example, to get the historical stock futures lot size data for Sep 2016, use https://t.co/Criu7S3Fi5
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
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.
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.
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.
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.
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.
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
• 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)