Accumulation time: #ETH @$106
Weak hands will always end up losing. Smart money will keep buying to average out.
Be fearful when others are greedy and greedy when others are fearful.
One of the biggest flaws I see in discretionary traders is thinking that psychology is their problem when they have no edge. It is very dangerous too. You end up blaming yourself everyday when you are mathematically incapable of generating consistent returns
Gated societies are not India's future. Townships are.
Think about why gated societies became so popular in the first place.
It was never just about security. People wanted good roads, proper footpaths, parks, greenery, cleanliness... basically a place where they could step out without having to deal with the everyday problems outside.
But even the best gated society has one problem.
The moment you step outside, you're back to reality.
You still have to go to work. Your kids have to go to school. You have to visit hospitals, restaurants, shopping areas and a hundred other places. And you have to navigate the bad traffic, dirty roads, potholes on roads, etc.
That's where I think townships come in.
I recently visited Bhartiya City in North Bangalore.
It's spread across 125 acres and has residential societies, offices, schools, hospitals, hotels, restaurants, parks... almost everything you need.
The roads, footpaths, greenery and public spaces are all maintained by the private developer.
You're no longer buying just a flat, but buying an entire environment/ecosystem.
And this is happening because people have slowly stopped expecting good public infrastructure from the government.
They'd rather pay a private developer to build and maintain it.
First we paid extra for a gated society.
Now we're paying for an entire town.
Think about how crazy that is.
People pay so much in taxes, yet they still feel the need to pay again for good roads, parks, footpaths, cleanliness and basic civic infrastructure because they don't expect to get it outside.
People are trying to escape the problems of India... while still living in India.
I genuinely think this is where Indian real estate is headed.
More townships. More self-contained ecosystems. More people choosing to live inside these bubbles because that's where they find the quality of life they're looking for.
Chandigarh is a Babutown. Built by bureaucrats, for bureaucrats. The only people who live there are currently working and retired govt employees. And babus never keep their own areas in bad condition. Same goes for Gandhinagar
Who pays taxes for pension system of old people if less youth and aging population and no tax payers…less consumer spending,genz is already fed up of over priced inflated housing market and not marrying,having kids
Only way for financial reset is falling birth rates,rising divorce rates and genz not having kids….depopulation,stagflation,deflation and total reset…it will happen in another 5decades and thats why billonares,governments are worried of falling birth rates
Only way for financial reset is falling birth rates,rising divorce rates and genz not having kids….depopulation,stagflation,deflation and total reset…it will happen in another 5decades and thats why billonares,governments are worried of falling birth rates
study @RayDalio how economy works video,we can understand why rich becomes richer, why old generation who own assets keep getting richer…inflation,money printing and demand growth and population growth and income inequality…this system is designed and we can only play in that
study @RayDalio how economy works video,we can understand why rich becomes richer, why old generation who own assets keep getting richer…inflation,money printing and demand growth and population growth and income inequality…this system is designed and we can only play in that
No one has any idea,my theory,money is scam and economy is scam once you understand money,FED,interest rates…its all designed, some institution is delivering price and market is there money making machine
No one has any idea,my theory,money is scam and economy is scam once you understand money,FED,interest rates…its all designed, some institution is delivering price and market is there money making machine
I believe there are market makers who business is profiting on managing spread,but i believe they have no idea what is delivering price,even brokers no idea
I believe there are market makers who business is profiting on managing spread,but i believe they have no idea what is delivering price,even brokers no idea
Whatever is delivering us price, a algo or a unknown closed institution ,but not believing this shit theory of supply and demand or order book theory ….trading is zero sum game,it just thinking and doing everything opposite of majority and our biology
I just even cant define 100% of my edge,i can briefly outline what factors i look for but i can never put 100% in writing….60% is always discretionary,my behaviour response and my mind
Whatever is delivering us price, a algo or a unknown closed institution ,but not believing this shit theory of supply and demand or order book theory ….trading is zero sum game,it just thinking and doing everything opposite of majority and our biology
Whatever is delivering us price, a algo or a unknown closed institution ,but not believing this shit theory of supply and demand or order book theory ….trading is zero sum game,it just thinking and doing everything opposite of majority and our biology
I believe trading can be automated but not profitable for long period,there are too many factors that cant be put up on paper to code a algo,its not that simple…discretionary trading with years of experience only way to navigate
I believe trading can be automated but not profitable for long period,there are too many factors that cant be put up on paper to code a algo,its not that simple…discretionary trading with years of experience only way to navigate
I see all the talk of algorithms,AI,automated trading…just show me equity graph of last few yrs and profitability..Institutions need algorithmic bcoz they are not trading small size of retail ,otherwise it has all rough phases as discretionary trading
I see all the talk of algorithms,AI,automated trading…just show me equity graph of last few yrs and profitability..Institutions need algorithmic bcoz they are not trading small size of retail ,otherwise it has all rough phases as discretionary trading
I worked on the risk desk of a multi billion dollar fund... backtests run across tens of thousands of scenarios can calculate your Value at Risk (VaR) within a 95% level of certainty. but how you handle the events can not be captured by a backtest whatsoever. human factor matters.
@iamdisplacement Feeling the pressure might be a giant problem, your discipline won’t pay the bills in a bad month.
You need a solid base in your bank imo.
Why are men loved conditionally?
After 25, if someone is not earning, they can experience hell right here on earth. They don't need to die to know what it feels like.
Many of my older friends are facing this situation and it makes me sad.
10 trading days using the accountability platform I'm building.
One of my rules is to only take 1 trade per day.
I've only broken that rule once.
My biggest weakness isn't finding trades, it's managing my emotions after a win or a loss.
Small sample, but so far it's working.
A few of my friends live in Mumbai. They pay ₹30–40K for a 1 BHK.
I was watching YouTube and saw someone renting a penthouse in Thailand for ₹40K.
Sea-facing view, gym, and pool.
I watched many such videos.
Why are rent and real estate in India so expensive?