#GuruSpeak
: Shijumon Antony walks you through how he once made 50% returns in a single session trading in front of a live audience.
Read on.
by Shishir Asthana |
#MCPro
#Trading
#TradingTips
I receive many requests for training & mentorship which I’m not interested to do. However, considering the volume of repeated requests, I’m planning to do a one-time, 4 hours online free session. Here are the details.
Indian Stock Market is creating a very strong base for a multi year bull run. When the real move starts, bulls will move like a bulldozer. Expecting Nifty @ 22222 by Diwali 2023.
Those who stay invested in quality stocks may multiply their wealth in next few years.
#nifty50
As a discretionary trader, I spend a lot of effort to analyze the crowd psychology, on and off the market.
As long as the crowd behavior is impulsive and irrational, discretionary trading opportunities will always be there.
People often say, as the crowd is more educated and
I started smoking when I was in school and continued smoking for 23 years non-stop. After about 15 years of smoking, I started trying to quit but I was not successful for many years. Finally I did it!!!
With the help of the book ‘Easy Way to Stop Smoking’ by ‘Allen Carr’
Few
Anecdote of my Trading Journey thus far! And a self evaluation of the mentorship which I’m stopping now.
7 Years of learning
3 years of earning (and learning)
1 Year of teaching --- Coming to an END.
Now time to go in to sharpen the learning in order to spin in next orbit.
1/n
Batting in a bowling pitch and option buying in a low VIX market are similar. Just need to stay in the crease and take the available ones and 2s until the things gets favorable. Swinging for the fences when the conditions are not favorable would jeopardize the career
95% of the traders with less than 10L capital believes that they can make a living with option selling if they have 1 CR capital
95% of the traders with more than 10L capital believe that they just need ‘slight’ refinement in their option selling to be consistently profitable
Every trade is just another trade among uncountable number of trades that you would be taking in your trading career. One single trade shouldn’t decide your life and future. When you realize this and makes it a part of your trading plan, you won’t overtrade.
Most people started asking me why am I overly bullish. Here’s the answer;
I’ve been tracking the same set things what I’ve been doing for last many years and have been getting enormous success. With the same parameters, I’m seeing mad bullishness in the market amid this
Before becoming a Full-time Trader, I worked with Sutherland Mortgage Services (
@SutherlandCorp
) for 16 years.
Out of all, one of the values and 2 of the operating principles from Sutherland helped me in my career, life and Trading;
Value: Integrity
Operating Principles:
Medium Term
#StockMarketindia
Outlook – A Thread 🧵
As I’ve seen a rare, but well-defined and reliable pattern on
#Nifty
, that too on weekly chart, wanted to get into the bottom of it and do some analysis.
Please like and retweet if it you find it helpful.
1/n
I received many DMs asking how did I know that FN would break day's low when it was trading near high.
Frankly speaking, I didn't know. It was all probability. Based on the thing I follow, (as mentioned in Telegram pinned message) I assigned high probability for market fall.
Hindsight Analysis of today’s fall!
I’m doing it as a part of my journal, so that it will help me when similar pattern occurs in the future. Thought of publishing it this time, so that it’ll help others too.
Please like and retweet if you find it useful
1/n
It's interesting to see VIX below 11 when the market is establishing a trend on the down side. I'm expecting a heavily down trending day within next 5 trading sessions.
BN Expiry on March 9th 2023 may be above 42200 is my view. Whether it happens or not, I'll post the reason behind this view on Thursday after expiry. BN CMP is 41350.
Twitter trading community is a good entertainment for stress bursting. Usually I don't share the screenshot or profit, coz;
I don't have any paid services or youtube channel where I should attract people. I do not have any plan to start one too.
This one was shared out of
@itsAdityaT
Option sellers can showcase genuine profit consistently and hide occasional big losses. That's why most people who want to trap retailers are option sellers.
Much debated/debatable topic: Trading and Gambling.
Here’s my view. (Just my view only. Others can agree/disagree)
Is Stock Market Gambling? No
Is Derivative Market/ Use of Futures and Options Gambling? No
Is Derivative Trading/Or much promoted Options Trading Gambling? “YES”
@FintwitDecoded
Not sure what is there to troll if someone makes a loss or view goes wrong. I appreciate all your efforts to expose the bad apples, but trolling for these things are really bad.
Jokes, trolls and fights apart. You brought in a valid point and I would like through my view on that.
You said, the quantity may have been very small. Absolutely yes. My quantity was and ALWAYS is very small compared to my psychological and financial capital. And, that is what
@Shijumonantony
No offense but sir why do u hide qty..
This can be 1 or 2 or 10 lots... Which can be you 1or 2 or 5% capital... With this kind of position u can wait book 400 points also..
Things change when u r traxing at 200 + lots.
Todays operation in our market – how I see it:
Yesterday and today Nifty and BN futures were trading in discount: Could be the result of selling/profit booking pressure at higher levels from punters (before rollover)
Heavy cash selling by FII today: Concentrated selling on
In the last 3 – 4 years, whenever I was trading with discipline, I never had trouble making money from the market. Whenever I lost, it was due to my indiscipline. But, of late I’m finding it real hard to make money from the market. If I was not disciplined, I would’ve been wiped
@SEBI_India
@NSEIndia
@AngelOne
@GoI_MeitY
Is
@AngelOne
doing brokerage business or data breach?
Seeing below message on login screen, most retailers would check the box before logging in and you would steal even their trouser and would sell it to 3rd party.
I may have
SEBI is doing things to reduce retail participation in derivatives. On the other side NSE is coming with brilliant plans to increase retail participation in derivatives exponentially!!!
Smaller lot size, more index, more expiry days, etc
NSE changed the plan, but market didn't!!! ATH was hit today only despite of coming closer to it multiple times in last 2 weeks.
If NSE plan was on, today would've been last monthly expiry together.
@PRAFULKULKARN18
@zerodhaonline
You should have account with multiple brokers. When such issue happens, you can take counter positions with other broker.
A simple comparison between
#nifty50
, Nifty in USD terms,
#Hangseng
,
#DowJones
&
#Nasdaq
I've used simple cumulative return keeping Jan 2000 as base year. Not using CAGR for the ease of calculation
Please like & Retweet for wider reach
1/n
Many people are asking me to come back to telegram. I’ve not stopped it and will come back. Now since the pattern is not favourable for my trading style, I’m not comfortable holding the trade longer and taking the full advantage of the moves. Once I see my favorite patterns are
Many may agree or disagree, but this is what my view is;
MA is one of the most powerful technical tools. The problem is when people use it just for the crossover strategies. Once you learn how to use different MAs and it’s applications, it’ll help to read the market in a better
And This was spot on!!!
#Budget2023
#banknifty
and it happened regardless of the outcome
and the spike came in as LTCGT was not increased
Finally crashed!!!
And my view for this year:
I'm "NOW" expecting a bearish day regardless of the budget outcome. If LTCGT is not changing, market may give a spike before selloff. I'm bearish not just for tomorrow, but for Thursday too. This view is subject to change as I'm a trader
n/n
Bulls make money, bears make money and pigs get slaughtered! And, today I was the pig... Sad part is both the sides, trade came to profit and then slipped away. With my trading style there was no reason for me to book that time, so I see it as a part of normal trading. It happens
99% of the so called non-directional traders are actually directional traders. The much discussed 'adjustments' are being done to follow the market direction.
1% are the ones who get out of the non-directional trade when the market takes the direction.
Here are my thoughts, and only my thoughts. You may agree or disagree;
If you ask for the reason for success to genuinely successful trader, most of them would answer: Cut your losses short, let your profit run. Both are about exit.
There are thousands of profitable strategies
New trend of the traders is mentioning their age in profile and in all tweets!!!... Really? It looks like a matrimonial profile!!
Gone are the days of screenshots (thanks to
#VerifiedBySensibull
)
Why are FIIs continuously selling?
If BJP Wins: Mauritius Tax Treaty
If BJP Loses: Hung Parliament on cards
Just my view
Are DIIs using it as an opportunity to deploy maximum amount in equity or are they supporting the market?
#nifty50
The way the market falls this week is a surprise to me and not digesting. I know many people caught this and enjoy but I couldn't. Usually whenever the market moves against me also, I'm able to interpret at least after the fact. This time I'm not able to. May be my something more
@SarangSood
One single component in option pricing that prevents over 90% of option traders from becoming profitable. This is applicable for both buyers and sellers.
To be precise, sellers are overly relying and buyers are overly afraid of it.
FII is not selling as much as we see in NSE provisional data.
This NSDL screenshot is for 28th (data is one business day delayed). Instead of 1000 CR net sell it's only 376CR. Including primary market activity, it's over 1000 CR inflow.
On 27th, NSE was showing nearly 4000 CR
Many fururs are attracting newbies to option selling by making them believe that theta decay is an edge. Even many furus are also believing the same!!!
(Many or even Most - Not ALL)
Very good question. It's due to my phycology. The reason is, we should find the suitable trading method for out character. Although I was expecting the fall in the first half, my view was that ultimate direction for the market today is on the upside. In that case, if I take a
lol!!! People are so scared that they see anyone commenting on the market as a scammer. 😂. I’m not a new scammer. I’ve been in Twitter for over a decade. Call me seasoned scammer 😂. No need to be subtle with me.
What a breakout is in the making in Pharma index! It's a multi year breakout on a monthly chart. Next few years can be superb for pharma stocks.
Disclaimer: It's just my opinion. Not an advise to invest as I'm not a certified analyst
I receive many requests for training & mentorship which I’m not interested to do. However, considering the volume of repeated requests, I’m planning to do a one-time, 4 hours online free session. Here are the details.
When the market was moving crazily on budget day, ICICI Direct was down. It was also down on another expiry soon after that. Kotak Sec was giving frequent issues a month back. There was a time when Zerodha also had frequent issues
Every broker whom I traded with have these
Indian Stock Market is creating a very strong base for a multi year bull run. When the real move starts, bulls will move like a bulldozer. Expecting Nifty @ 22222 by Diwali 2023.
Those who stay invested in quality stocks may multiply their wealth in next few years.
#nifty50
I don’t remember seeing such a weak monsoon thus far in my life. Expected fall in stock market (impact of weak monsoon) is going to be nothing compared to the hardship we all would face if we don’t get another few more spells of rain this year.
🧵🧵🧵
A thread on FURUs and how do they make people attracted to them by showing genuine screenshots of highly profitable days without doing photoshop.
Please retweet for wider reach
1/n
Those who are crying about today's move; please see the BN intraday charts 2 weeks prior to 2019 election results and understand how the market behaved. So what we saw today could be only a trailer.