I have made close to 90 lacs profits in the last 267 trading days with my trading system. In the last 6 months made 50% net returns. Not even a single day I have interfered manually. I was in a dilemma, should I withdraw profits or continue to compound? I decided to …🧵
I went on a ten days family trip to Ladakh, what was suppose to be an adventure trip turned into a nightmare. If you are planning a Ladakh travel, this thread might help you in what you should expect once you land in Leh. 🧵
Did a 10 days solo trip to Kashmir, spent just ₹800 a day by staying at Hostel, met wonderful people around the world and this was most life changing experience of my life. Kahsmir is truly a heaven on earth. Here’s how I planned my trip🧵
I just came back from a 10 days solo trip to Bali,I always wondered whats the fun when you travel solo, I was so wrong. Met different people across the world, spent time at mesmerising places, its a different vibe. Trading & Traveling is a deadly combo. Here's how I managed it🧵
Many people have Ladakh trip in their bucket list mainly because of the picturesque landscape, high altitude motorable passes for bike ride. But we always wanted to go there because of low light pollution that lets you do star gazing where even Milky Way is clearly visible with
When I was working with Infosys, My Manager often use to say, The key to successful professional life is to maintain a successful personal life first. If you aren’t happy at home, you can’t be happy at work. This is so damn true.
SEBI has released a 18 pages consultation paper related to F&O Trading, more than 78 lacs traders lost close to 50k crores in FY24, this is the major reason for SEBI's action, here's the short summary what it means and how it can impact active traders,especially Option Traders🧵
Today I received a DM from a trader who wants to have a phone conversation, I thought this is just like any other msg ppl usually send, still went ahead and had a call with this relatively lesser known trader, but I was mind blown after the call.
Nifty 14500 CE trade which made day low price of 0.15 and day high price of 2139, due to erroneous order by a broker who lost 250 crores. Some ppl claim few others brokers made 50 to 75 crores profits. But what really happened? Here's the tick data analysis that shows true info🧵
Jan 2008 is when I placed my first trade, it's been 15 years now. The first five years was brutal, I use to spend more than 12 hours a day, trading & analysing the markets all day. It took me 5 years to realise I have been trading my health for my wealth. Avoid these mistakes 🧵
The number of option sellers in Indian markets who trades with weekly options of Nifty, Bank Nifty and even FinNifty has increases exponentially. Can they cause a risk to our market? Will these option sellers bring down the market and cause a huge risk? Here's the detailed thread
Whenever
#Nifty
&
#BankNifty
closes less than -1% on Fridays, what happens on Monday and what happens on next 30 days. Interesting analysis, will be sharing the details shortly.
How do we find the most undervalued stocks from Nifty 50? We don’t need to spend lot of time with screener to get the undervalued stocks. Let me explain a easier way. 1/7
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
I once read this story on Reddit long back and wanted to share that, because I could completely relate this to trading. An Airbus 380 is on its way across the Atlantic. It flies consistently at 800 km/h at 35,000 feet when suddenly Fighter Jets appears. 🧵
4 hotshot YT influencers who promoted Vauld in the past
- PR Sundar
- Ankur Warikoo
- Akshat Srivastav
- Booming Bulls
Now you know who not to turn to for investment advice. Hope that the investors get their money back.
Even though July seems to be the ideal time to visit Ladakh, not sure if peak summer has anything to do with oxygen % in the atmosphere. Also it might not happen to everyone.
Just be well prepared if you plan your Ladakh trip, anticipate all the worst case scenarios. Ladakh is
His name is Gowri
@Im_GowriShankar
the most inspiring trader i have ever met in my life. 🫡🫡
He is the perfect example of “Life is 10% what happens to you and 90% how you respond to it.” Love you man.
In this thread, I am going to explain the rules of an option buying strategy that has given almost 500% returns in the last 6 years, from 2017 to 2022. All you have to do is spend just 5 mins of your time executing this strategy on the budget day. No Complex rules.
More than 30 million users actively use
@tradingview
but very few people have Pine script coding knowledge due to which many users just stick to basic Trading view charting functionality, let me explain how can you write your own Pinescript code using
@ChatGPTapp
free version🧵
What is Rakesh Jhunjhunwala's Investing Strategy, is there a way where we retail investors can follow his strategy and generate similar returns like him? We did an extensive research and this is what we found. A short thread
Is your Kids spending so much of time on iPad/Phones/TVs? No matter how hard you try, still is he/she spending more hours on it? Me and my friends also face the same problem. Here's what I did that really helped a lot in changing my kids behaviour. 🧵
Am sharing my journey on how I started trading 15 years before when there was very limited resource. If you are a beginner who is looking to get started with Stock Market, this thread would be helpful.🧵
Are you finding it really difficult with food digestion, to ease that do you regularly drink carbonated drinks like Pepsi/Coke/Limca ? This is exactly what my dad use to do very often, but never thought this could turn into a life threatening moment for him. Here’s what happened
Before we started our travel, we did a complete research about the places we wanted to cover. Nubra Valley, Pangong Lake, Tsomoriri lake, Lamayuru, Hanle. It’s hard to cover all these places in short span of time, you need minimum ten days to explore the landscapes of these
No big trolly luggage, just three backpacks and booked stay for first two days only, thought we shall go with the flow once we meet other travellers in Leh. When you fly across Himalayan region, it was such a breathtaking view.
I have seen many people carry portable oxygen cylinder as the oxygen is very less in such places. The entire Ladakh region is located at a very high altitude region, in certain region oxygen molecule % can as low as 50% making breathing extremely difficult.
Is your 920 Straddle not working this year? Your trading system which did well in the past is not doing good this year? Your drawdown already crossed historical max drawdown this year? Thinking what really went wrong in the year 2022? Then check this detailed data analysis 🧵
Based on the research, everyone warned about Altitude Sickness. Since Leh is located at a very high altitude, the oxygen molecules are lesser due to which it takes 2 or 3 days for our body to adapt to the new environment. So it is highly recommended to stay in Leh for 48 hours
My friend who invested in a land three years before never checked its current market price. But the same guy who invested in stocks three months before, keeps checking its price every single day. This simply explains why many investors fail to make money in markets.
Please note that Oxygen availability goes down once you move to higher altitude regions. As the altitude increases, the atmospheric pressure drops and the number of oxygen molecules per breath is reduced. Compared to sea level, places like Leh/Ladakh has less oxygen in the air.
Being a 38 year old guy from South, who has never visited a snow mountain ever in his life. That moment I stepped on Gulmarg, that feel when I try to hold the snow on bare hands. Ahh, it was amazing. The view was truly breathtaking.
For precautionary measures, we took Diamox tablet with us which helps in acclimatisation. Also we decided to stay in Leh city for two days before exploring other places. We are mentally well prepared on what to expect once we land in Leh.
It takes minimum 5 hours of travel from Leh city, if you have to reach places like Nubra Valley or Hanle. In order to reach those places, you have to cross high passes like Khardung la pass which is located at 18k feet. And the oxygen at these places are so thin, which makes it
Ever wondered where the big institutional investors are putting their money? Is there any way to track which stock has highest holdings of FII (Foreign Institutional Investors) and DII (Domestic Institutional Investors)? Using this free screener its easier to track. Here's how🧵
Remember, Leh airport is located more than 10,000 feet above sea level, which is one of the world’s highest airport. The problem started as soon as we landed in Leh. Initially I find it hard to breathe, I thought maybe due to flight travel, but my kid also complained the same.
No wonder why Doctors are considered to be God. I will never forget all those Docs who struggled hard to bring back his life. Finally getting discharged and bringing my dad back home.
But anyways, it was expected. So we did not panic, thought once we take rest, drink ample of water everything should be alright after a day or two. So the first day, we didn’t do anything, just chilled at our hostel roof top.
As soon as we landed in Chennai, miraculously all three of us were absolutely fine. No breathing issues, no dizziness. Our body was in high alert mode when we were in higher altitude due to oxygen issue, the moment we landed back to our place, our body was able to adapt quickly.
My perspective towards everything in life changed drastically after my Kashmir trip. Solo travel is never a lonely travel, it makes you confident, you meet so many people, it teaches you so many things which can’t be learnt by any other means.
Start Travelling, Start Living.
Just because someone like Elon Musk is sleeping just 4 hours a day, don’t get inspired n stress too much and lose your sleep. Sleeping at least 8 hours a day is very essential. Hit your bed before 10 pm, you will automatically wake up early. Your body knows how much rest it needs
The Extension of Trading Hours is almost confirmed now - Is it the End of Options Trading ? Actually SEBI approved it in the year 2018 itself. So it's not a surprise for most of the market participants. But many option traders are worried that this will affect their system.
I decided to go with the flow after meeting other solo travellers at the hostel. Even a 5 star hotel cannot compete with the hospitality you would receive at this Zostel. It’s just located right next to Dal Lake with much lesser crowd.
Over the last couple of years, I did n number of research on systematic investment methods.
What happens if I do SIP only during market corrections ?
What happens if I pick stocks based on momentum rules? Here’s small thread on Why I moved to index fund investing? 🧵
When you are on solo trip, you tend to take risk and give additional day or two for your body to adapt, but when you travel with the kid, we can’t take the chances. So we had to cancel all our plans and book the next return flight immediately. The vacation was supposed to be
More than 80% of the traders who are trading in Option segment are having a turnover of less than Rs.10 lacs. Out of 45 lacs active traders, 35 lacs traders are trading with such low turnover.
By increasing the minimum derivative contract value to 30 lacs, they are trying to
I met this kid in a remote place in Ooty, every day he walks 8kms to school, no TV, no internet , no gadgets, wears a torn sweater but still he never complained about anything , he happily played with me, 30 mins that I spent with him changed many of my perspectives towards life.
I have closely observed FinNifty for couple of weeks and then started trading live since last 4 expiry. If you are looking to start trading with FinNifty weekly option then this thread might be of great help to you. 🧵
I have been watching movies from a very early age and I just love it. Watching a good movie makes you forget that you are actually watching a movie. Here's a master thread about reviews of all the movies I have shared in twitter so far.Trying to find a weekend movie? Here it is
But for us breathing was still an issue, even after two days our body didn’t adapt and my ten year old kid found it really hard to breathe. His oximeter reading went below 65. All three of us couldn’t eat well, he started vomiting whatever he eats, making his body totally
Historically it has never happened in the past, so probability of such event happening in the future is very minimal. If you trade based on this approach, it could bring in catastrophic results. Here's a story of a hedge fund manager who lost millions because of such approach 🧵
I have shared multiple information related to trading and investing through my historical data analysis by writing various articles, here's the master thread that contains all my work in one place.🧵
Pahalgam Zostel was very nice, with great ambience. Totally away from the crowded market place. Met lot many young guys who were working remotely here. They said instead of paying 30k, 40k rental at Mumbai/Bangalore, they prefer to work at hostel paying just ₹500 a day.
Saving money reduces your ability to make more money. In our society, saving is overrated and Investing is still considered as gambling by most people.
To roam around Srinagar, multiple shared taxis are available where they charge you less than ₹50 to move around Dal Lake, Lal Chowk etc. With other travellers from Zostel, I just roamed around Srinagar. It was so delightful watching the people just sitting there.
The moment you arrive at Srinagar none of your other State prepaid mobile network work here. I bought a Jio Sim for 500₹ which is sufficient enough for next ten days to cover my work and to stay connected. If you have postpaid, then no problem.
I stopped investing in individual stocks and switched to Investing in Index Funds since 2022. Average returns for an above-average period of time is the real key to wealth creation.
Most beginners when building a trading strategy simply use current info and test with it, they don't know How to Get Historical Stock Futures lot size, list of stocks that are part of index like Nifty 50, Nifty 500 historically, I will share all such info in this thread
Should I go for home loan or continue with staying in a rented flat? This dilemma is there in every working professional’s mind. My friends use to say, if you really hate your job then take a home loan you will definitely start loving your job.
Then we decided to rent a motorcycle to visit Pahalgam, it was a 2 hours ride. I never rode a bike in mountain, but just went with a flow and tried it. It was so blissful. The wind, those wild turns, it was amazing. Realised, the best way to explore Kashmir is with a motorbike.
Read this small story about “HOPE” in a blog today. During a brutal study at John Hopkins University in the 1950s, Harvard graduate Dr. Curt Richter placed rats in a pool of water to test how long they could tread water.
On average they'd give up and sink after 15 minutes.
When I started trading in the year 2008 I never ever thought one day I will receive a recognition award from the hands of NSE Chairman, it was really a special moment. More than the award, the real happiness came from meeting all the traders who came all the way to meet me.
Bill Gates became the youngest millionaire at the age of 31 but he started programming at the age of 12. It took him 19 years to achieve that. Perseverance is the most underrated skill, we quit trading if we are not able to make money in a year. Just don’t give up.
Ola/Uber doesn’t have a big traction here, Jugnoo is the widely used app here. You can use that to book cab to your hotel or opt for prepaid taxi. I did not have any plans or itinerary, once I arrived at Srinagar, I booked my stay
@ZostelHostel
for 2 days only.
The top 10 stocks in
#Nifty50
contributes more than 55% weight-age, the remaining 45% comes from other 40 stocks. This weight-age changes yearly twice based on stock performance. What if I choose to do SIP of Rs.10,000 every month only with Top 1 stock from this list?
The moral of the story is:
When you're young, speed and adrenaline seem to be great. But as you get older and wiser, you learn that comfort and peace are more important.
Don't worry about the Jet planes surrounding you. Enjoy your Cruise mode.
There are so many places like this where you want to forget everything thats happening in your life and just want to live the moment. I was just sitting here and doing nothing, mesmerised with the view and the river sound. It was pure magic.
Being in hospital for few days makes you realise the importance of time. You tend to see all types of patients, watching all those worried faces of every family members, those tears, helplessness. You tend to appreciate the life even more once you come out of hospital. 🙏
Seeing a chart pattern, anyone can easily identify the difference between a trending market and a sideways market. But I was wondering if there is a way to identify it through quantitative mechanism? That’s when I read about The Kaufman Efficiency Ratio.
Many of my friends who work at Corporate culture are fed up with their work life, one question they keep asking me is how much money do I need to retire and live comfortably? Here’s a short thread 🧵
It’s a rule from local union to support the local people whose livelihood is dependent on transportation. So you need to plan accordingly. We 5 people from hostel booked a cab to Gulmarg, which brought down the cost of travel drastically.
Here's a detailed analysis of 920 Straddle with 25% SL using
@stockmock_in
platform. This analysis would show which days are max profitable, how it behaves on gap days and how it behaves on different VIX days. 🧵
Trading knowledge plus coding knowledge is a deadly combo. Good traders are bad at coding, Good coders are bad at trading. Once you learn at both, there is no limit.
Here's the first episode of
#Enhance
, this is going to be a series of videos every week
@vishalmehta29
n me ll be discussing one specific topic related to Trading System which can be applied to your existing strategies that can enhance the performance.
Gondola ride was fully booked and there was huge waiting line, so we skipped it. We avoided the crowded place and trekked for a few mins. Ended up spending our rest of the day here. We all just forgot we were grown up adults and started playing like a kid.
How to Backtest a Trading Strategy using Chatgpt?
Even though Chatgpt has gained enough traction most of them are using it as a replacement to Google search. But with Chatgpt4, data analysis & backtest have become much easier.
Here's the step by step process.
I have worked with Infosys and other IT companies for 10 years, let me explain why the mess up with tax portal happened and how
#TCS
attacked
#Infosys
indirectly through this ₹4200 crore IT portal project in this 🧵
The biggest reason behind
#KGFChapter2
success is the extraordinary dubbing in the respective regional languages. Be it Hindi, Tamil or Telugu, no one will think they are watching a dubbed Kannada film. Everyone will think it's their own movie and their own hero is acting.
In fact we talked n joked about traders situation through vadivelu jokes. I never felt sorry for him, I just felt so proud talking to him today, full of positivity. Hats off to him for the rock solid mindset he holds.
Alfi, The one who plays Guitar is from Indonesia, started learning guitar recently but we made him play in front of all the people in Zostel, Nikhil who is from Surat started singing Tamil song with him. Both were totally into it, Nobody judges you here. You are just who you are.
Trading is very exciting during your first one to two years, becomes very hard in three to five years, less stressful during 5 to 8 years, afterwards It becomes boring, as you will understand that key to successful trading is sticking to the same process every single day.
Once we are back to Zostel, the real fun begins. Everyday some fun activities are planned, where all solo travellers participate and it just goes on. It was super crazy and everyone I met there was truly amazing. These sessions will turn any introvert to an extrovert.
One of the largest pension fund in 1990 told famous mathematician and legendary trader Ed Thorp that "There's this hedge fund making 2% every month for last 10 years, without a single losing month". Ed Thorp was shocked, is that really possible?
Best thing we did was, instead of spending time at touristy places, we trekked a bit and reached this place,overlooking the complete valley, spent time with local kids. This kid studies 6th grade, makes good money by charging to the people who wants to take a pic with his sheep.