Papa has a suitcase full of LIC bonds, I wanted to dig around returns so went LIC office yesterday to get the surrender value quotes. 📈

Read this Mini Thread 🧵 before your family LIC uncle tries to sell you the next policy!

‘Don’t mis insurance with an Investment.’

So LIC Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.

Now, I wouldn’t call this a SCAM but for sure it’s the biggest MLM (Multi-Level Marketing) scheme ever, well marketed/sponsored by authorities.

You can sell anything in India if you can play around emotion and trust, LIC has built a robust network of branch, distributors/agents.

So is adopting the personalised sales approach, you’re more convinced to trust your relatives vs a Bank RM.

Just check the global and Indian market share of LIC.

Talking about returns on your investment, if the agents are promised to receive 5% every year till you pay premiums so I believe you can do the maths yourself.

A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary

How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies

Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached

Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital

Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies

How to trade on Expiry day with Nifty straddle?
(System trading on Expiry)

Triple straddle is one of the best and accurate methods for expiry day

If nifty trading at 15720 then will sell three straddles above 50 points from ATM, below 50 points and ATM.

Ex.
Sell straddle 15700(ATM), 15650(ATM-50), 15750 (ATM+50)

Stoploss of 80% on every leg and run your trade till 3 PM

Once SL hit in any Leg just keep holding other leg till expiry with SL (Never or less chance to hit both SL on expiry day)

Trading timing at 9:20 the Morning

I, along with my entire family, has been COVID +ve from last 12 days. While we had severe symptoms initially but luckily we are all in the recovery phase now🤞🏻
Here’s our experience & learnings in under 2-min:

Investing tit bits..

If you find an attractive stock with value

in the height of a bull market
- Don't invest more than 10% at one go. Do an SIP over 12 months

in a bad bear market
- Invest more than 50% at one go. Do an SIP over next 12 months

Some ATH users have been facing difficulty in renewing their subscription.

Please use this link
https://t.co/WeLl4vYSIU

If you still are unable to get through, pls write to me at [email protected]

On the index in the last 13 years most of the money was made in 3-4 years duration and rest 9-10 years were just waiting periods.

Stay invested with your strategy to get those short bursts.

India multibagger stock ideas.
To analyse further.

Consumer durables:
Orient electric
Dixon tech
Amber entprs
Acrysil
Whirlpool
Honeywell automation
CG consumer

e-Commerce:
Infoedge
IndiaMart

Plastics:
Mold-tek tech

U get specific ideas here. Not just gyaan
Add ur stoks