When I started trading in 2017, I got stuck in the 🕸 of RSI, MACD, ADX, Aroon indicator and realised later that all you need is price action & plain vanilla charts to trade. Don’t fall in the trap!
#BroTip
Crazy rush for Godrej new launch property at Tropical Isle in Noida. 90% project is sold out now.
Price starting from 2.35Cr in pre launch for 3BHK.
Bahut paisa aa gaya hai logo kay pass. 😳
I was talking to my wife and mentioned that one guy had 4.4Cr loss today on cap of 11.5Cr. She said aisa mat karna kabhi, agar karna hai toh kal se hi trading band kar do. Itni percentage capital agar ek din main udd gayi toh stroke hi aa jayega.
Bhai logo, who are part time traders, bahut maje kar liye last 2 saal trading kay.
Now it seems tough to make money.
Apni naukri par dhyan do ab 😂🤣
Janhit mai jaari.
In month of March, one of my friend lost 1.5L+ in ICICI direct due to broker issue as their API went down from their end.
ICICI refunded all amount on raising issue within 2 days to many traders who use their APIs.
That’s the difference between full broker & discount brokers.
When I started trading, I have notion that day trading doesn’t make money and one can make money in positional trading.
Guess, I was wrong. After few months, I realised that both ways can’t make money. 😅😜
Cheers 🥂
I will ask very simple question to Fintwit esp. newbies who trade options daily.
What does E stands for in CE or PE ?
I bet 50% doesn’t know it. 😉
If you know it in first place, comment below but don’t comment after googling it.
By seeing markets action since last week, 50% of part time traders who want to become full time have dropped the idea and remaining 50% have stopped trading. 😂😅
Note: Sarcasm
PS: I am also part time trader.
Visited
@LaCabanaGoa
with family & friends.Pathetic experience with Rude behaviour from manager.During our stay,property given for private party causing no access to lawn & open area for us without prior information. Delayed services. Infants & family suffered a lot.
#NeverVisit
When I started trading mid year 2017, I brought 2L cap in capital markets 😂
Fortunately, I didn’t blow up.
Now when I look back, it feels I have come a long way ahead but still miles to go before I sleep.
#trading
@puneet_sahani
@SimranjitSADA
Simranjit Singh is proponent of Khalistan since 1985 and I wonder how he has won Sangrur bypoll this year after getting defeated since many years.
Met one guy from Hyderabad. In casual conversation, I asked him - Have you been to North. He said yeah Mumbai and Pune.
Arey bc fir toh hum White Walkers kay sath north of the wall rehte hai 😅
#justforfun
I started preparing for JEE at 16 and couldn’t crack it.
Now, I have realised that I should have started at may be when I was 12 or 13 to crack it.
Do you guys feel the same ? 😅
Having pretty tough time trading since start of Oct 2022.
DDs are controlled but trend following system went into 10%+ DD after hitting equity high in September end.
Monthly paycheck & spouse income keep things going smoothly.
Taking break from trading till 31st December due to exhaustion.
Will resume from 2nd Jan, 2023 with lesser position size.
Closing this month with -1.5% loss.
Merry Christmas 🎄 🥂
Yesterday, my kid celebrated his 3 year old birthday and it was first time we celebrated his birthday with friends & family as last couple of birthdays went in lockdowns and CoVID.
Sharing with my Twitter family for their blessings for my son.
-30k for the day.
It’s day where I sticked to my system and saw MTM dropping from 1L+ to negative and then closing in negative.
TBH, I felt sad by seeing screenshots of others and people making money easily today where I lost but isn’t this part of Trader’s evolution ?
Trade setup for learning. 🧵
If you struggling as trader & losing money, here is one setup that you can learn & trade only on expiry days. In below example, BankNifty has made pivot on 5 min TF with CMP at 37120.
What you need to do is sell OTM call of 37300 of same expiry(1/n)
Why not to make trading as profession ?
1. No monthly paycheque
2. Grey hairs exponentially
3. Profitable trading is myth
4. Trading is new age scam by brokers
5. Your mind is always compounding money in thoughts
If you can live with above reasons, go for it 😎🤙
Have started investing in
#NASDAQ100
ETF today. Got to know it from
@TraderLogical
and then I saw on
@pythontrader999
timeline that it can be bought as MON100. Will be buying it every month along with other basket of stocks.
Fruits of system trading.
Winning for 7th time.
#Zerodha60dayschallenge
@zerodhaonline
In this account, I trade 3 intraday systems via algo. No discretionary. No manual.
TBH, System trading is “Nasha”
The more you trade, the more experience you get.
The more experience you get, the calmer you become.
The calmer you become, the more you realize patience is the most important trading skill.
Be patient. Great things take time.
Making money without sufficient money via trading is practically impossible. Focus on saving capital from your salary or business before venturing into trading.
#BroTip
920 straddle is one of the best examples of fooled by randomness. The backtest data doesn’t ensure that strat will be profitable in future; last 5 years data works in favour of it and doesn’t mean that it will remain in favour for next 10 years.
#tradingthoughts
How are you planning your retirement ?
Comment below 👇
I am investing most of salary in equities & gold to build corpus for retirement & kid’s education.
I expect 6% as overall inflation & 10-11% as education inflation in next 10+ years based on existing data.
If you are struggling with trading, don’t waste time on Twitter for tips & MTMs.
Do screen timing, buy data, backtest it and trade.
And for discretionary, do chart scanning, screen timing, play small & size up gradually!
#BroTip
As a trader, I know my long term goals and what I want to get out of my trading life. However, I still feel sometimes that they are shallow and there is another purpose of life that I may be missing. Does anyone feels same ?
The way people or traders are engaging with
@BandiShreyas
for competition in last few weeks tells me one thing that Shreyas is definitely a good trader & one can learn from his YT videos. Just grab positives from every individual out there.
Question to all traders who aren’t Full time like me and swimming in DD since few months.
How would you have managed if you would’ve been doing FT trading ?
Does this thought run through your mind that monthly expenses will be taken care by paycheque ?