Mohnish Chawda

Swing Trader and Performance Engineering Specialist. Market is my Guru !!!

[Mohnish Chawda @mohnish_chawda]

Since Gujratis use sugar in almost all their meals. Would it be fair to say that gujrati meal would attract higher gst in future?

[Mohnish Chawda @mohnish_chawda]

@mmonis same. Hesitated because general market looked negative

[Mohnish Chawda @mohnish_chawda]

Wait for your setups. Trust your process provided it has an edge.

[Monis @mmonis]

When markets are choppy, do not get chopped around.
Buy support, sell resistance.

When markets are trending, participate in breakouts

[Basant Maheshwari @BMTheEquityDesk]

The value of an advice is inversely proportional to the ease with which it can be procured!

[Moritz Czubatinski @moritzczu]

Profitable trading is simple but it will never be easy.

The most robust strategies I came across over the last 10 years were always the least complex.

What makes an edge is really you, the trader.

The discretionary part is where the money is, built by tons of experience.

[Lone Stock Trader @LoneStockTrader]

I used to think that low vol stocks were better than high vol stocks as one could make good returns with lower risks by increasing size

I now only focus on high ADR% stocks coz they offer the best R/R, by far, when they get tight

High R/R is imho the best path to big returns

[Monis @mmonis]

Selling into strength vs trailing the trend.

If the stock (Stock A) gains 50%+ in a few sessions, whereas the other stock (Stock B) trends up steadily 50% over a more extended period (say 1 month)

For A, sell into strength—This behavior did not create levels, making it likely to give up the some gains.

For B - trail by higher-low, MA, or whatever exit strategy works for you.

I have been selling $TSLA and $MSTR into strength. For $NVDA, trailing higher-low

My 2 cents

[Lone Stock Trader @LoneStockTrader]

Taking some profits off when your trade reaches multiples of your initial risk accomplishes 3 things:

- you now have an almost risk-free position that has unlimited upside potential, like a free call option

- your equity curve is much more likely to trend in the right direction, ie less likely to make a new low

- you’re mentally more at ease.
And a calm mind means better trading decisions (virtuous cycle)

[Mohnish Chawda @mohnish_chawda]

04-Oct-2024 Seems like we are in a strong bull market. 2 positions initiated.

Long term bullish. Mid-term bullish.

[Mohnish Chawda @mohnish_chawda]

03-Oct-2024

Choppy market again. Sitting out and waiting for market to improve before I start buying.

100% cash since last 3 days.

Long term bullish. Mid-term choppy.

[Mohnish Chawda @mohnish_chawda]

Choppy market so far. Sitting out and waiting for market to improve before I start buying. 100% cash since last 2 days.
Long term bullish. Mid-term choppy

[Mohnish Chawda @mohnish_chawda]

@mmonis bearish

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

Dear reader,

I voted for @narendramodi & the BJP to power. And I stand by my decision. I feel they have done amazing things.

But, this is a democracy.

So, I have every right to respectfully question & bring out my suggestions to the Government which I elected. Yes, we elected them.

If I feel that the GST is too much for a Health Insurance, an AC, a Hotel or a 2 Wheeler, then I will say it loud. Until my Government which represents me takes action. Ill give credit where needed. Will criticise where I feel so.

This is Bharat, a Democracy. We should bring out our thoughts. Government should Work for us, not the other way around.

We put our points respectfully. Let the Government take cognizance and act. If anyone here is blindly standing by everything the government does, then I think we will have to agree to disagree.

Who all with me? Who all ready to speak out your thoughts?

#FI

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

A Middle Class Person wants to Buy 2 Wheeler for his family. He works hard, saves money & test rides a Honda Activa 110 CC. He feels it is good.

He enquires the cost.

Ex Showroom Price is ₹75000. He realises that this price includes 28% GST (around ₹17000). 28% YES, THAT'S RIGHT.

₹6000 Road Tax.
₹14000 Registration Charges.

Both PAID TO Government.

₹5000 for a Motor Insurance (18% GST ₹900 to Govt). Yes that is 18% GST.

Accessories ₹6000 (GST included)

So, now he totally has to pay ₹1,06,000.

He calculates that he eventually pays 60% to Dealer & 40% to Government. He has already paid 30% tax to the Government in the First Place 😀😀

He feels a bit let down. But then he asks himself:

- Why am I Paying 28% GST on a 2 Wheeler when I have paid 30% Tax already on my income?
- Why am I Paying 18% GST on Motor Insurance when this is supposed to Protect me in case of Accident?
- I am not taking any Loan, but still I Pay almost ₹40000 to Government just to buy a Vehicle for my Family. I pay ₹66000 to the Vehicle Dealer. He also has to make some money out of it.

So I am actually paying Government so much for the Vehicle.

He asks these questions, but realises that he is Middle Class. He pays the Taxes, buys the Vehicle, Takes Photograph & Goes Home to Enjoy with Family. He goes back to Work the next day, so that he can afford many other things. Cycle Continues...

This is the Story of Every Middle Class of India 😀❤️

@FinMinIndia - You need to answer the questions asked by this Middle Class Person. Don't you think?

If you are a Hard Working Honest Middle Class Reader like Me, Share this Story until the Government takes notice & Becomes Accountable.

#FI

[Mohnish Chawda @mohnish_chawda]

Find an opportunity where government can't take any tax, is the way going forward. Use cash and less of digital payments #Budget

[Mohnish Chawda @mohnish_chawda]

How can a country when the citizens are not incentivised to earn more. Corporates can only take you so far but per capita income is what will reach you the goal of a developed nation. #Budget

[Mohnish Chawda @mohnish_chawda]

First study then build skills to get a job. Get taxed on Salary. Then save some corpus to get a decent capital to invest

- STT 0.1% buy & sell
- GST, Stamp duty etc
- Brokerage
- Dividend distribution tax
- Long term capital gains tax
- Short term capital gains tax

[Mohnish Chawda @mohnish_chawda]

@naijatweetsarc 042

[Mohnish Chawda @mohnish_chawda]

@Rainmaker1973 3841 is the right code