Bhavin Parmar

[The Factor Report @PeterLBrandt]

Opinions are a dime a dozen
Narratives only get traders in trouble
In my trading I have no desire to have an opinion or a narrative
I trade price and price alone

[The Factor Report @PeterLBrandt]

FRIDAY CLOSING LOSS RULE
My trading policy is to liquidate any trade that shows a loss on a Friday for two reasons
1. Enjoy a weekend without sweating a loser
2. Friday losses often get worse the following week
Rules rule

[Bhavin Parmar @LightPuffPassOn]

@ItsVinay01 @tightvcptrader

[Bhavin Parmar @LightPuffPassOn]

@dayendtrader Ultra Instinct

[Bhavin Parmar @LightPuffPassOn]

@chiragkb5 200MA in silver will be decisive

[Bhavin Parmar @LightPuffPassOn]

@narendramodi Like Rajesh Exports sales data 😂

[Bhavin Parmar @LightPuffPassOn]

@AnkurPatel59 ભાવ ભગવાન છે

[Bhavin Parmar @LightPuffPassOn]

@Chayanjain124 Mayur - Good earning, sector tailwind, good ADR, linear

[The Factor Report @PeterLBrandt]

Taking a profit is often a "damned if you do, damned if you don't" dilemma.
While taking a profit is always better than taking a loss, there are times when taking a profit can create anxiety and outright regret.
Let's say you buy a stock at 50 with a mental target of 100 and maybe the possibility of 150.
Next let's say the stock goes to 100 but you do not take profits.
Next let's say that your trailing stop (if you use these) takes you out of the trade at 80.
Do you then regret not taking profits at 100? Of course you do if you are even part human being.
But what if you would have taken profits at 100 but then the stock kept running? Chances are you would have also regretted the decision to take profits at 100.
You see, taking profits is a damned-if-you-do-damned-if-you-don't business.
I hate regret. I decided many decades ago in my 50 year career that regret is something a trader needs to avoid. Living in a cycle of regret is not healthy for trading will sooner or later come back to bite you.
So I made a decision to create rules and stick by them. Rules created process for me so that my emotions were not led around by my last or current trade.
I take profits at targets when I have a light position on. If I take a heavier position I will then take profits at the initial target on a portion of my trade and hold out for a 2X profit on the other portion.
Do I miss the occasional rocket-ship market by taking profits? Of course. There is no perfect trading plan.
There is an alternative way that from time to time I will employ in a trade. That is using a simple moving average on a partial position so that I adopt a trend following approach on some of the risk I take.
In a trade following approach inevitably the top cannot be picked so some money is given back at the trend change or major correction. But again, there is no perfect model.
My recommendation to new traders is to commit yourself to the path of least regret, whatever that might be.

[Bhavin Parmar @LightPuffPassOn]

@AnkurPatel59 Aava de!

[Bhavin Parmar @LightPuffPassOn]

@WeekendInvestng A jeweller told me that same is happening with industrial silver. Lot of stock is being sold in cash.

[Anuradha Tiwari @talk2anuradha]

So much outrage over ethanol blending

As per latest survey, 1 in 2 petrol vehicles sold before 2023 seeing mileage drop.

People are sharing videos showing damage to their vehicles. Yet, government is yet to take this seriously.

What in the world is this kind of arrogance?

[Bhavin Parmar @LightPuffPassOn]

@MyVadodara Very muted reaction in Brent & WTI

[Bhavin Parmar @LightPuffPassOn]

@Karthikoora You will miss some, you'll fuck some up and some of them you'll nail it - KQ

So don't worry there will always be many good trades along the way.

[Bhavin Parmar @LightPuffPassOn]

@ItsVinay01 Best differentiating factors from his streams :
1. Studying Market leaders from late 1800 to 2010
2. Only trading 5-star set-up with high ADR with tight SL
3. Blowing up his account 3 times before hitting the monster run 😂

[Bhavin Parmar @LightPuffPassOn]

@TraderHarneet Amateur opens the market, professionals closes

[Bhavin Parmar @LightPuffPassOn]

@ankushtweets @1spacerecorder After MSD we forgot what horrible wicket keepers India used to have

[Bhavin Parmar @LightPuffPassOn]

@theyashbhatt Few Important Points :
1. Where these FII money from India went? (AI companies)
2. Why leave Indian market? (Tax terrorism- STT LTCG STCG)
3. What indian authorities doing to undo this? (Absolutely nothing)

[Investment Wisdom @InvestingCanons]

Stanley Druckenmiller:

“Life goes in streaks. And like a hitter in baseball, sometimes a money manager is seeing the ball and sometimes they're not.”

When investors are down, they tend to get aggressive to win it back. Druckenmiller: “One of my most important jobs as a money manager was to understand whether I was hot or cold...”

“In my opinion, when you're cold, you should be trying for bunts.”

[Bhavin Parmar @LightPuffPassOn]

@thechartist26 Weekly gives good view. Probable c&h