Kris das

IT Consultant

[Ajay Rotti @ajayrotti]

So what this "Tax Relief" does is... it doesnt not reduce the number of people filing returns while it gives relief to below with income below Rs 12 lakhs. Someone who has entered the tax payer base isnt getting out of it.

12/12

[Kirubakaran Rajendran @kirubaakaran]

Removal of weekly expiry triggered many traders to look for alternative markets, one such market is Crypto. But it involves too much noise, people say it's illegal, not safe & too much of tax. I spent last 30 days exploring Crypto, let me uncover all the myths. 🧵

[Kris das @krsdas]

@Shijumonantony “Ethu enne mathram udeshichanu”. Just now exited a trade exactly like this. 😬😬Please share some tip and tricks to over come this if possible. 🙏

[Shijumon Antony @Shijumonantony]

Most directional traders enter the trade using technical set-ups or with proper entry criteria but once they enter the trade, the exit and trade management are based on P&L, not based on proper technical set-up or exit criteria. Once they are detached from P&L and can completely trade the market based on their setups/technical, they’ll be successful. If they are already successful, they’ll be MORE successful.

Disclaimer: ‘Most’ traders. Not ‘All’ traders.

[Kris das @krsdas]

@Novicetrader99 @asitbaran If you can learn how to use the Premium decay chart and the TotPE-Ce chart of icharts then that is more than enough. You can learn it from the icharts YouTube channel for free and join icharts free telegram group

[Kris das @krsdas]

@DinkarChopra @asitbaran Hello sir, this is not only the OI data but also the premium decay chart and yes OI data is delayed but if you learn how to watch the foot prints then you will not be in the wrong side of the market. Its not a holy grail 🤷‍♂️

[Asit Baran Pati 🇮🇳 @asitbaran]

So we had one of the most volatile day in recent times and that too in Nifty. The trading regime has changed. It’s just not what it used to be. Moves like these not only confidence shattering but as traders it’s self sabotaging, if we think we have the skillset to manage this.

Few days like this, will challenge the pain threshold of a trader and will leave a permanent scars in traders mind!

Make no assumption of your past performance whatever returns that used to be getting generated. All the backtests won’t give any clue of what’s going to be faced by the traders.

Mark my words it might not be that easy in coming time. And focus should be only to preserve capital and past profit. Let’s learn the premium behaviour on expiry and non expiry days, let there be equilibrium set in the market. And we must learn to unlearn what used to be modus operandi.

Hopefully we can trade based on data and TA as right now it’s all speculation / borderline manipulation. As traders we all need to detach last 4/5 years from the latest change of option regime and operate with new strategies and with clear understanding of the market texture.

Just my observation. Cheers

[Shijumon Antony @Shijumonantony]

https://t.co/tXjGhtDbsP

This is the preface of the actual F2F video that would be released tomorrow. The first 7 – 8 minutes are the same thing I shared in the TEDx talk but the 2nd half of this video explains my money management principle. Tomorrow’s actual video is more about trading and chart reading.

[CNBC-AWAAZ @CNBC_Awaaz]

F&O ट्रेडिंग पर सेबी की सख्ती से आप पर क्या होगा असर ?

जानिए मार्केट एक्सपर्ट असित बरन पति से

@AEHarshada @asitbaran #Trading #SEBI #FNO

[Ashish Nanda @Ashish1Nanda]

Some powerful charts from the SEBI study analysing Profits & Losses in the Equity Derivatives Segment from FY22 to FY24

Money lost by Retail & Others in F&O = Profits made by Prop + FII in F&O = ₹ 61000Cr+

[iCharts India @iChartsIndia]

Hindenberg was talking about this. Something big for Indian traders.
Get it on https://t.co/ZvcogFsQ2Y

[Shijumon Antony @Shijumonantony]

Who is the GURU of all Furus?

A decade ago itself I had gone through most of the technical analysis styles and indicators. Those helped me to understand the market better and I still use most of those logics in trading even though I’m not using any specific indicator on the chart. But one thing I skipped all those years as I’m not a fan of blindly pre-calculated levels and time stamps. That was Gann Techniques. Of late I thought of studying that as well, but had to stop it after doing my initial pre-study research itself.

Most videos on Gann techniques are starting with so much about how he traded and how much money he made. Most of them claims that he made about $50 mn that time which is approx. about $500 mn this time. It’s a phenomenal achievement for a trader. They also talk about how he traded all the small and big swings of the stocks intraday with precision. Another important revelation is that he predicted all the major tops and bottoms of US markets well in advance. So impressive thus far!!!

This Wiki reference is telling that he is the GOAT!!!! But….. not in trading… but GOAT FURU.

https://t.co/tnGFjs43mm 👇
"........

Effectiveness
Gann's students have stated that he left a fortune of $50 million (equivalent to $569 million in 2023) that he built by following his methods, but evidence of such a fortune is lacking.[35] Alexander Elder, in his book Trading for a Living,[16] said "I interviewed W.D. Gann's son, an analyst for a Boston bank. He told me that his famous father could not support his family by trading but earned his living by writing and selling instructional courses. When W.D. Gann died in the 1950s, his estate, including his house, was valued at slightly over $100,000." Larry Williams, in the book The Right Stock at the Right Time,[17] also stated he met W.D Gann's son. Larry Williams stated that John Gann said "He asked why if his dad was as good as everyone said, the son was still smiling and dialing calling up customers to trade". Larry Williams in the same book says "I also met F.B Thatcher who had been Gann's promoter and advance man who said that Gann was just a good promoter, not necessarily a good stock trader".

..... "

Many of the Gann tutorials in youtube start with a chart of last year with a marking on each swing high and swing low. And they claim that they knew those ‘levels and dates’ even before the start of the year!!!! LOL.. Give me that for one year, You’ll chant my name along with Ambani and Adani after that year…

Gann is a role model for many Furus in smaller and larger scales. This post may not sync well with the Gann traders but if you are truly believing that it’s that good, I’m ready to sit with any Gann trader for a day or a week to see how good it is working. If it is truly good, I’ll endorse your.

The reason for this post is just to tell you that no one should believe anyone who claims certainty in the market. Market is uncertain and that is the beauty of the market.

[Kris das @krsdas]

Started my book of truth last day and also started slowly adding to my winners thank you for the beautiful book @TomHougaard #bestloserwins

[Naresh Nambisan I ValuationMantra I SEBI Reg RA @nareshbahrain]

Poor people are the hardest to satisfy.
▪️When offered something for free, they see it as a trap.
▪️If you suggest a small investment, they'll say the returns are too low.
▪️Propose a larger investment, they'll claim they don't have the money.
▪️Offer to try new opportunities, they'll say they lack experience.

They don't see freedom in opening a store & don't believe a new business will succeed. They prefer seeking answers on Google, listening to friends & pondering a lot but doing little. Instead of waiting, seize the opportunity to act quickly & instead of pondering, implement your ideas.

Poor people fail due to one common trait:
"Their entire life is spent waiting."
- Jack Ma - founder of Alibaba

[Kris das @krsdas]

Thank you for suggesting this book @Shijumonantony. Now will look at my winning trades with a new perspective

[Porinju Veliyath @porinju]

Can Money Buy Happiness?
Yes. Money can buy Health, Peace of Mind, Safety, Comfort, Courage, Freedom, and more. You need to know how to make money work for you. Courtesy: 'Make Epic Money' by @warikoo - interesting read.
Thread below:

[Ashish Nanda @Ashish1Nanda]

Zero delays. We took a little longer to resolve. But this stands resolved.

#KotakNeo

[Alex Park | Think Brighter Newsletter @AlexThinkBright]

I found a guy who goes around NewYork asking millionaires how they got rich.

Funny enough…

Almost all of them say the same thing.

Here are my top 8:

[Shijumon Antony @Shijumonantony]

https://t.co/C1hGXIxag7

My election related market presepective in moneycontrol article.