CEO, and Co-founder Sensibull. India's largest options platform. Free on Zerodha and AngelOne
Founding President - Soon to be bankrupt JP Nagar Bear Cartel.
This is the biggest and the most exciting news since we started Sensibull in 2017 🔥
Starting today, Sensibull will be 100% free for all Zerodha users, forever
Why are we doing this?
Sensibull was started with the vision of making retail investors profitable. But there are
From today, you can follow your favourite traders and see their EOD position and P&L on
#Verifiedbysensibull
Thank you, everyone for sharing your Verified P&L screenshots everyday. Without you this would not have happened ❤️
Mukesh Ambani, Ratan Tata, Gautam Adani, NR Narayana Murthy, Radhakishan Damani - Some of the guys who are still working in old age. If only they had taken that Youtube influencer's telegram course on how to invest early and achieve financial independence and retire by 40.
Life of an Indian Guy
Slog
Top Xth standard board
Ace 12th
Slog
Beat lakhs of people go to IIT
Slog
99.99% CAT
Slog
Get rich and be top .001% population
Finally reach the same standard of living as the average European dude
Enjoy 🥲
I stopped complaining to TRAI about SPAM calls. Because the agents are doing calls from their personal numbers. Every time I get a SPAM call now, I go to PolicyBazaar, Bajajfinance, and a famous Indore tips site and give their number there
Some men like to watch the world burn
Asked a popular Finance influencer for a collab. He or she quoted 12L+GST for 1 Insta Reel + 1 Insta Story + 1 Youtube Short. Apparently other Fintech brands pay so much for collab.
I want to smoke the same thing they are all smoking
Stayed in Bangalore for a few years. Went to Mumbai. Asked an auto guy “Dost, Andheri chalengay?”
He replied with a curious expression: “Kyu nahi chalengay? Nahi chalna hain to auto kyu chala rahe hain?”
Mumbai ❤️
Met an incredible man with 500 Cr plus in demat accounts. Drives a sub 12 Lakh Rs car. What is with these rich people doing middle class lifestyle flex? 😏
Many influencers and Youtubers said no to 5L+ a month offer for promoting crypto Scams. They were not rich. They were middle class. They said no because they cared about their followers and wanted to do the right thing. And they had character.
Massive respect to you, people.
Middle class - show off phones, cars, vacations, etc. Let people think you are rich
Rich - keep a low profile. Don’t show off. Don’t let anyone know you are rich
Hyper rich - Stay anonymous. Don’t let anyone know you exist
Super duper mega rich - poora Bollywood ko Shaadi mein
Fake P&L screenshot sharing is one of the biggest scams in markets in India. True to our vision of making retail investors profitable, and as a market participant committed to making this a better place, Sensibull is introducing "Verified by Sensibull" Screenshots
Continued...
Yet again, I had a nightmare yesterday that IIT JEE Mains is just 7 months away, and I have not studied anything, and I’m not going to make it, and I’m going to die without a retirement fund.
I’m 40 now. This is some next level trauma 🥲
A very rich man once told me
After a point, money is a number in your bank. If you are well off, more money will not do anything to your well-being. Being healthy, loving, being loved, having purpose, helping others, etc is what will make our lives better. Signing off for 2022 ❤️
Other Fintechs: "We made 1000 Cr losses. But in the next 3 years we will make 1 Lakh Crore Profit. Also 77% of India and 95% of the world will use our app"
Le Zerodha: "We made 2000 Cr profits. But this is luck. Set your expectations realistic, bois. Sab mohmaya hain"
Recently, a trainer posted a pic of 1000 BANKNIFTY Sell in an order. Max limit is 900 in an order. People caught it on Twitter. He blocked all comments. He sells courses by showing his luxury car. Anyone still thinks we do not need Verified P&L?
PS: Please do not tag anyone
I do not understand people who buy Thar as a macho symbol and do not use it for off road, but drive in cities and highways.
Let me explain. If you are inside it - Slow, unexciting car. Sleepy gearbox. Uncomfortable ride. Produces noise. Poor handling and low stability. All this
There a dude in my gym who sold his IT security company last year, and made a very sizeable fortune. Saw him do a new startup last month, and asked him why. He said:
"Bro I tried everything. Picked up new hobbies, passions, bought cars, even did 6 month travel of South America.
Say hello to the most feature rich Option Chain in the country -
- Real time data, Open Interest, Per Strike PCR
- Time Value and Intrinsic Value
- VIX, IV, IV Percentile
- Greeks, Probability of Profit
- Multiple Tabs to customize your view
- See you
I’m amazed nobody is even talking about the possibility of a tsunami-like mega real estate collapse in India. Real estate is on fire sale in USA and China and many other big economies
In trading if you lose 1 crore you lose 1 crore. If you make 1 crore, you make around 60L after taxes. And yet people say they do high reward to risk trades. What are we all smoking?
The average doctor is way richer than an average cricketer. Freakonomics 101. Similarly, the average highly educated person in India is way richer than the average tea seller in India.
So please stop posting Dolly Chaiwala memes and saying education is useless. You cannot pick
Stock market scammers show their money, number plates of cars, records of their companies, insides of their houses, even pics of them in undies in swimming pools to sell courses. People ask for verified P&L, they are like, "Privacy violation bro. Can't do"
#VerifiedbySensibull
Found an influencer today claiming he or she went to IIT Delhi. Looked at LinkedIn and found it is some random 6 month programme there
Come on guys, stop misleading people. This is plain fraud.
5 years back I met the CEO of the 5th largest brokerage in India to demo Sensibull
He said, “if market is going up buy call. If it’s going down buy put. And sell call and buy put are the same anyway. So why do you need tools?” *giggle*
They are now India’s 14th largest broker
When you see a street vendor selling you stuff, be kind. Don’t bargain. Remember that he has wife, kids, family, etc
When you see a bank manager or an insurance agent or a wealth management guy selling you products, run away. Remember that you have wife, kids, family, etc 🙃
It has been a month since I have been on Social Media. No Twitter, no Instagram, no FB (is there anyone there anyway?) etc. Also did not watch any OTT. And the effect has been quite profound for me. Here are my learnings:
Controversial Opinion: A self-made man is a wrongly celebrated idea.
I lost my father when I was 12, and I funded all of my education since then. So, long ago, I had this wrong idea that I was a self-made man. Now, maturity tells me I was so wrong about it. Why?
Due to the complete sense of confusion among traders thanks to NIFTY levels, Breakout/fakeout, Bull/Bear traps, FII ghotala, and what not, we will be making Open Interest Charts with time selectors free till this weekend
Starting tomorrow market open
Friend of mine looked at a sea facing apartment complex in his hometown. The sales guys said it’s sold out when he called. The builder also put banners saying “sold out” thanking the people of the town for helping them sell everything.
He gets a call now every week saying one
Took a nap. And had a dream for the 669th time in my life that State board Maths final exam is 5 days from now and I have not touched the text book. Woke up horrified.
I am almost 40. When is this thing going to end? 😑
When we started Sensibull, I thought some day we will become material for Wolf of Wall Street, Social Network, Silicon Valley etc. Looks like we are going in the direction of CID, Crime Patrol, Jamtara etc 😂
#VerifiedBySensibull
I drive a VW Polo.
My friend Faisal was the most influential person behind making that choice.
He asked me to short SBI on 23rd October 2017.
If not for that tip, I would have been driving a BMW 😉
A few years back, I applied to IIM Bangalore, and was rejected on college CGPA. Yesterday, I was invited to participate in their placements.
But I have no regrets of the rejection in 2007. And this is not LinkedIn to make a stupid inspiration post out of this 🤣
Reasons I am Bullish
- Economists are bullish
- Investment Bankers are bullish
- Venture Capitalists are bullish
- Fund Managers are bullish
- TV commentators are bullish
- World leaders are bullish
Reasons I am bearish
- Sab haraami hain chor saale
I don’t care if the whole world disagrees with me on this. I’m going to say this anyway.
When it comes to options:
Sellers always make money.
Buyers will never make money.
I mean options workshop sellers and workshop buyers, of course 😬😬😬
#VerifiedBySensibull
There is this very nerdy short 8 year old boy in my neighbourhood. He had a crush on this pretty girl next door. He asked her out, and she replied “ewww” and ran away. I felt bad for him and asked him if he is okay. He said, “It’s okay, 30 years from now she will come to me on
The biggest irony in
#OptionsTrading
is this:
People promote Option buying by saying Option selling has unlimited risk and option buying has limited risk. But every single person I know who blew his account did it through option buying
150 crore people in India. 11% with no time to cook. If 10% of them shift to online order we have more Zomato orders than population of Azerbaijan. With a 17% margin, this is EBIT of 3000 cr, or GDP of Timbuktu
Yehi sab ch***yap bolke macroeconomicswalo ne share chipkaya right?
It’s Saturday. If you are in your 20s and started to invest, you have two choices. Go to a bar, ask a pretty girl on the bar if she’d like a drink.
Or invest in Radico, Globus Spirits, United breweries etc. Hold them for long term with your virginity.
Good night
My relative sells BMWs in Kochi. He says there is a long waiting for BMWs because of chip shortage. Poor guy does not know the real issue - the huge demand. Every 3 days, an option trader in India buys a lux car.
India will run out of license plates before BMW runs out of chips
Doctors recommend that we should do activities that elevate our heart rate to 140 or above at least twice at week. So I trade FINNIFTY and BANKNIFTY expiries
Do not invest when you are young :)
You can read that again
Everyone is asking you to invest in your 20s. By opening a broking account that they have an affiliate partnership with ;)
I am not in favour of investing when you are young. I have a different opinion here...
I did a regular medical checkup today and met a 70 year old doctor. He asked me what I do, I said I run a small startup in stock markets. He replied, "I don't like stock market, please do not take me wrong". I said, "Most people lost money, so I agree, it is not for all"
1/n
Wife wanted to buy NYKAA stocks at 1300. I told her not to buy and stay far away from it. Today she said it has fallen to 1000 Rupees.
Is there any way here to say I was wrong and she was right? 😬
This morning I was planning to sell some put NIFTY options. To get margin, did fund transfer from
@HDFC_Bank
.
My OTP came 15 minutes late. It expired. I retried 5-6 times. OTP late every time.
Thank you HDFC bank for saving my money and keeping it safe with you
Sensibull made all educational content 100% free forever
Get playlists on:
1. Options trading Basics
2. Daily NIFTY BANKNIFTY Analysis
3. Practical trading lessons
Great for beginners. RT for the benefit of trading community and spread the love, please❤️
7 years back, when I got worried about my grey hair and receding headline, I went to a dermatologist friend of mine in Indiranagar. After listening to my problems, she said, "I can give you some treatments as a doctor, some of them are expensive. Or I can give you advice as a
Here is the only personal finance tip most people need to know. Put the same amount of money every month into a low-cost direct mutual fund that tracks NIFTY. Do it for the rest of your earning life. Now don't waste your weekend on personal finance threads. Merry Christmas
Yesterday, I met God in JP Nagar Bangalore. Pretty sure it was God, every movie shows him this way as a bright light. Also this God was driving what looked like an SUV, and had two children sticking out of the sunroof.
Friendly reminder on Michael Burry’s 1 Billion dollar short trade.
You can buy NIFTY 15000 strike puts worth 5 paise for 10,000 rs. And you will have 10000/0.05X15,000 = 300 crores of notional exposure.
So yeah, Michael Burry is not buying puts for 1 Billion dollars. It’s his
You know, technically, even if you put 22,000 Crores in an American FD giving 2% return, you will still get more than 22 Cr a year
#Mamaearthipo
Anyway, I am waiting for Youtuber folks to launch videos saying this IPO is the best thing ever since sliced bread :)
In my wildest dreams, I would have never imagined that
#VerifiedBySensibull
got the kind of love and support it did. People say that Sensibull did this, but no. We are only a small part of it. This post it to give credit to all the people behind it and thank them
No matter what complex mathematical models and electronic trading and charts you use to beat the market, at least 7 Gujju uncles trading stocks by calling the broker while travelling in Mumbai locals will beat you at it
Ah! Friday night. When stock market experts go to clubs, approach the hottest woman on the bar counter and say, "Can I get you a drink for educational purposes only?"
Guys afraid of P&L
#VerifiedBySensibull
- Please see the opportunity. If you verify, people will know your are consistently in loss. They can do reverse trades and print money. Many will join your telegram to see your trades. Everyone wins!
Now please verify. Don't be stubborn
Famous Youtube Option trainer mailed me yesterday, kind of threateningly.
He said he is massively pissed that I tweeted making fun of some of his famous option strategy videos.
I replied that I am deeply hurt that he thinks I watch his option strategy videos
Good morning 😏
I promised a series exposing trading scams. This will be on Twitter and Youtube. Here is the first installment of the series
#1
- Stealing money from clients through Illiquid options
Please retweet and spread the word.
Everyone who studied economics knows that when Dollar goes up relative to Rupee, it is bad for the stock markets in India.
Last 10 years, Dollar has gone up. So has NIFTY. And now, both of them are at all-time high levels.
That is the power of no one knowing nothing 🙃
If you want to get rich, forget this excessive saving mentality, and invest in yourself. Upskill, level up, and increase your pay/ income.
The "save-every-penny" is a gimmick by personal finance chomus who want you to save and invest in whatever new scam they are peddling
My Chemistry teacher was super disappointed when I joined a B School after B Tech. He said, "bsdk what a shame, all these years in science, and you will now sell detergents"
Thank God I did not meet him after B School and tell him I joined trading 😉
Saw a dude in Bangalore driving his Thar in the night with high beam and fog lamps on. Many people do it, obviously to see better. But I found out some do it because the car “looks” more stylish.
I hope he does not have kids. That sort of generational stupidity has no place in
If you are new to options, we made this ready referral cheat sheet of the most commonly used strategies. Click on each strategy in the link to learn more about it and when to use it
I criticized a recent Crypto scam openly. A famous influencer who promoted that scam sent an angry mail, "We belong to same industry, and you spoke badly about me. If you ever want me to promote you I will never do it"
Software banana and logo ko c#@@+!a banana is same industry?
Met a dude in Goa next to me on a Poker table. While exchanging pleasantries, he told me he is into casino logistics, and he helps run casinos to run more efficiently.
And then he asked me what I do for a living.
I took a long breath and replied, "Me too, brother. Me too..."
Extremely glad that Narayana Murthy ji has gifted 250 crores to his infant grandkid.
This puts an end to all these hustle influencer frauds coming on magazine covers claiming to be India’s youngest millionaires and shit like that.
In 2009 I was staying in Mumbai in company accommodation. End of the year I lost the job, and with that, the flat. Had zero savings. Friend of mine called me and asked me the next day, “heard you lost the flat. Please come and live here”. He didn’t ask if I found a new place, he
Updates to Profit and loss
#VerifiedBySensibull
coming soon
- Traders can optionally hide names
- Traders can optionally hide open positions
- Traders can show funds and ROI
- Showcase of consistent traders
- Option to autopost P&L every day after 330
What else would you like?
In 2009, when I started my trading career, my ex-boss thought it is a good idea to make me the guy who interacts with the media and gives them market commentary. One day a reporter from a giant news source called me and asked me what the bond markets fell
In America, if you kill a person you get 10 years in prison, and if you do financial fraud you get 200 years.
In India if you kill a person you get lifetime in prison, and if you do financial fraud, you get a Telegram Channel and a payment link
#SBF_FTX
#FTX
I like quarterly settlement of trading account money back to bank account. This way I can tell my wife I got money from trading and I don't have to lie
Met a childhood friend from 7th standard last week. We hadn't kept in touch as I changed my school. Came to know his story. He dropped out of college because literally there was no food at home. Got into bodybuilding contests to run his household. Ended up Mister Calicut
We know this is a risky move. Plus, we don't make money from it. But some times, it is not about money - it is about doing the right thing
We know we will ruffle feathers, and make enemies. This will not be easy
Seeking the support of the good people of the trading community
2 years back, thanks to Zerodha and Nithin, we started a daily market show with a difference
Our focus was
1. Keep it free for all
2. Keep it super simple
3. Analyse the market using data
4. No tips, advice, no selling greed
Continued...
I was a trader in ICICI bank in 2011. Great place to learn, not so great to make enough money to pay Mumbai rent. So a lot of my colleagues used to jump to the back office of a foreign bank that used to pay 2-3 times ICICI.
The trade off was this: if you stayed in ICICI, there
Infosys says their developers can’t moonshine as intraday traders
Infosys developers say their primary occupation is intraday trading and moonshine is Infosys
I guess that settles it then
The unhappiest set of people I have ever studied with or lived with were the first year students of IIMA. The unhappiest or the most stressed I have been is when I was in first year of IIMA. The pressure of academics was not high. What was high was the pressure of social
Update:
We will add an option to hide the real full name of the account holder from Verified P&L. None of us want our father-in-laws to find out that we are trading from our wives' accounts 😏
#VerifiedBySensibull
In the jungle:
1. The Elephant is the biggest
2. The Giraffe is the tallest
3. The Fox is the wisest
4. The Cheetah is the fastest
Yet, the Lion is the KING of the jungle even without ANY of these qualities. Why?
Because:
The Lion is courageous, is bold, walks with confidence,
I got grey hair when I was 28. I’ve never coloured it. People have asked me why. The answer is this:
Never misrepresent something about you. Never hide what society thinks is a weakness or a bad thing in you.
Also it kind of feels like fake profit screenshot 😬
Pro tip: Do not waste time worrying about interest rate cycles, the Federal reserve’s quantitative easing stance, and Chinese slowdown if you’re holding a 1 Lakh portfolio.
Focus on your job. Upskill. Get promoted. Jump roles. Get a 2x-5x raise