The Trading Warrier

Full time trader, Western TV series addict

[The Trading Warrier @PrashantW2]

@kirubaakaran Great initiative. One very understated challenge is that of data. Data is the oxygen for any testing but hardly anyone talks about how to pull, store & manage this data & database organisation/structure so that it can be consumed easily &back tests are reliable.

[The Trading Warrier @PrashantW2]

@RakeshB17 @kirubaakaran @claudeai @Lovable @DhanHQ Yeah rolling strikes and rolling expiries making it a challenge to have consistent price data across days and expiries. Trying to figure out the same

[The Trading Warrier @PrashantW2]

@kirubaakaran @claudeai @Lovable @DhanHQ Hi, I had sent a personal DM to you on specifically this thing a couple of days back on the challenges with this data and downloads

[The Trading Warrier @PrashantW2]

Hello, can anyone advise if static IP is required even for just pulling historical options data? If not, then which providers do historical options data without Static IPs

[The Trading Warrier @PrashantW2]

@sharmasupriya @sunitanar @ShoaibDaniyal Is it fog or is it smog ? Or a sick cocktail of both . Early morning in Gurgaon

[The Trading Warrier @PrashantW2]

Most intraday option sellers in the 2-3cr capital bracket with diversified strategies have reported sub optimal returns in FY 24-25. Diminishing risk reward here. traders will have to get much more innovative and be positional

[The Trading Warrier @PrashantW2]

Some good shorts available in Oil and Gas, Energy and PSUbank space

[The Trading Warrier @PrashantW2]

Didnt decay as much as expected but still a pretty steady decay over the last few days . time to close these positions.

[The Trading Warrier @PrashantW2]

The art of eyeballing charts & its ability to generate new trading ideas is so underrated in todays algo-driven world. There are so many stories that the charts tell

[The Trading Warrier @PrashantW2]

There is a world outside of Expiry day Index option selling...A world that seems to be much more rewarding given the significant "decay" in index option selling returns over the last couple of years.

[The Trading Warrier @PrashantW2]

Lets not forget that exit polls are generated from inputs from voters which means that voters were reluctant to openly voice their actual choices. Why does that happen? isnt there a message in there? ofcourse there is a question of a well diversified sample size as well.

[The Trading Warrier @PrashantW2]

Can someone provide the most logical interpretation of below values of Theta vs price. Note I am NOT looking for a primer on theta decay.just looking for an Mathematical interpretation of current theta on BN around ATM options which shows theta almost double of price.(Vix effect)

[The Trading Warrier @PrashantW2]

@SarangSood Somewhere in late 2018-19, option selling started getting popular as a winning proposition & it peaked during the post covid period. However option selling in the form that retail traders do it is increasingly degrading in performance & maybe time to get back to basics

[The Trading Warrier @PrashantW2]

@Ankit_Quant @deepakshenoy @mysandz Interestingly all this discussion seems to insinuate that SL being hit or rather "SL hunting" is unfair. The basic tenet of the market is a bull vs bear duel & you can't complain if the opposite side wields a sword while we have a butter knife.

[The Trading Warrier @PrashantW2]

@madan_kumar Great stuff madan...All the best...Glad to know that i have another contact at MHC where i have a case going on,😊

[The Trading Warrier @PrashantW2]

@TraderLogical Exactly my thoughts as well....somewhere in the last 4-5 yrs option selling became fashionable & more "professional". Everyone thought of themselves as the "house"

[The Trading Warrier @PrashantW2]

Have been trading & chart reading for 12 years now.Traded discretionary & Algos as well. If there is one thing I have learned, it is "KEEP IT SIMPLE". There is no co-relation between complex algos & greater return. Algos help you scale.Adding more complexity does not improve P&L.

[The Trading Warrier @PrashantW2]

@Indulekha_A Now thats a Raving Fan!...Creating a raving fan through thoughful actions is much more valuable marketing spend than many others. This as a concept is rarely practiced in the service industry...Glad Pizza 4Ps got it right!....Will wait for them to open in Mumbai or delhi NCR

[The Trading Warrier @PrashantW2]

Very amused with the times we live in and the world around us!

[The Trading Warrier @PrashantW2]

Normally by this time of the year,timeline would be filled with posts by traders who doubled,tripled their returns during the year & how "humbling" the entire experience of earning was!!! Yet to see some of those this year