Low VIX & low premium. Movement is like 20 VIX now.
Now skilled trader will earn.
More from Mitesh Patel
My trading is very simple. Selling option based on support and resistance. Time frame: Daily and 75 min.
Keep distance of 1-2% from S & R so one has chance to exit or adjust if trade goes against.
And last one my tgt is 4% pm. Above it bonus.
Dear Nitesh can you share some idea how you makes successful trade. Please I am in a big loss since I started my journey of stock market in 2017. Then I took 15 lac loan and everything is vanished. Now I am in so much struggle to pay the EMI
— Ganesh (@Eshan70302504) May 30, 2021
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.
Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.
Discussed with CA.
1. Make a Pvt Ltd Company.
— Aditya Todmal (@AdityaTodmal) March 1, 2022
Form a company with family members and trade under it. The family members should be directors of the company. Will explain why later.
Why form a company?
You will only need to pay 25% flat tax. Individuals have to pay 30% tax above 10 lakh profits.
If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.
Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.
Future trading I am recommending to only those who have at least 25L capital to control risk management.
If less capital then do with cash or option writing.
Boss is always Boss @Mitesh_Engr
— Aditya Todmal (@AdityaTodmal) July 31, 2021
Mitesh Sir's FUTURES BREAKOUT TRADES 101:
\u2022 How to pick stocks at right time?
\u2022 What to look for?
\u2022 Importance of BO post consolidation
\u2022 How to manage SL
\u2022 How to get huge profits
\u2022 Multiple Examples
In collaboration with @niki_poojary pic.twitter.com/7uXRgsLgtN
How many are believing only in simple trading system?
— Mitesh Patel (@Mitesh_Engr) April 3, 2021
This is my simple trading.
I don\u2019t have any magic.
— Mitesh Patel (@Mitesh_Engr) January 7, 2021
Next week I will prefer to sell put in between strike 30500-31000 as shown in pic. Will manage upto 31000.
If breaks 31000 as first down support then will exit put nearby 31000 strike and will sell
31500 call ( will act as resistance again )
Simple hai na pic.twitter.com/hPLIMq3tSe
I already shared in my old tweets and I don’t want to repeat same.
Read my old learning tweets in this PDF collection.
Mitesh Bhai's tweets comprises of the live case studies. Study & apply them in your trading system.
— (DJ)itrade capital solution Private Limited. (@ITRADE191) June 25, 2021
Thanks to those who have made the pdfs of Mitesh Bhai's tweets, have merged it in this single pdf.\U0001f607\U0001f60e\U0001f607https://t.co/RLGACDY6sj
More from Options
Today morning I was bullish looking at SGX Nifty. The first put I sold was 14000 PE.
— itrade(DJ) (@ITRADE191) April 20, 2021
After that market took resistance at R2, then I changed my view. Sold 14650 CE and then even uptill 14300 CE. pic.twitter.com/Bo4La6kJRe
Here are some ways how you can do it, when you can do it and the right position sizing for doing it... 🧵 (1/25)
Traders who are trading in cash and want to explore options generally start with options buying without much knowledge. They buy OTM strikes and trade with wrong position sizing. With no idea about the perfect entry, they end up feeling that F&O is risky. (2/25)
After losses in F&O buying, this is how I approached it and it rewarded me pretty well in initial phase. I find this strategy easy to start things off. And then, you can explore other strategies too and find what works for you. (3/25)
Vertical spread is a directional, defined risk options trading strategy:
1. Bull call spread (Debit spread)
2. Bull put spread (Credit spread)
3. Bear call spread (Credit spread)
4. Bear put spread (Debit spread)
Read about these strategies in the below articles. (4/25)
https://t.co/KQvYOsu9kv
While going through these strategies, you must have thought you have to wait till expiry for profits/loss. (5/25)
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1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)