BC TRADING
Saved by @ThomassRichards

>more than half of all robinhood users own some gamestop stock
Okay, this is starting to make sense, I'm about to do a massive infodump in the comments, get ready folks.

 The tl;dr is this: Melvin Capital made an overleveraged short on gamestop last week which was floated to 140% of all available shares. Since xmas GME has been doing well thanks to console releases and so on. Few days ago, a new CEO from Chewys got on board and price 2x to $40
A user on reddit, deepfuckingvalue had been holding it and buying various pulls on the stock since last year as a YOLO option with a possible initial investment of $56,000. It has since ballooned to tens of millions if he sells it at all.
So, with that redditor being popular last week as well as the leveraged shorts that Melvin explicitly went on youtube/social media to call resulted in WSB jumping on them for even daring to short it. As such, media attention started to pop up and speculation happened.
On Friday, the 21st, a gameplan was made to pump the stock up to initiate the beginning of a short squeeze and prevent the shorts from profiting for melvin & citron (another hedge fund that also shorted GME). For whatever reason, the stock price jumped up to $69 at EOD.
From there, rampant speculation and info sharing started to leak out from the subreddit/4chan's /biz/ board. People learned about the short squeeze, saw what happened with volkswagen back in 2008, and had a massive fear of missing out as a result. Come Mon-25th, price opens @ 93.
The stock price just keeps inflating and more meme stocks get thrown around (AMC, BBY, BB, NAKD, etc) as a collective lulzy troll effortpost to fuck up the markets and make an impact. Melvin then takes a FURTHER loan to short the stock out even more on tuesday 26th 4th time short
But here's the twist. He takes out a multi billion dollar loan from none other than Citadel and Point 72. https://t.co/Gh0jClJxIK

Citadel makes money from the metainfo from robinhood app (that's why there's no commissions)
https://t.co/DIIvSa3Kty
So these two giants colluded behind scenes to consolidate their collective short/bet for "reasons" on TUESDAY. After markets close, ELON FUCKING MUSK tweeted about the subreddit and the story breaks. Everyone and their mother is hyped for a chance to punch wall street.
So, that's what happened on Wednesday. The stock price BALOONED and held there all day. Lots of crying and shitting and news coverage happened as a result and people were celebrating at how the little guy just might punch the fat cats on wall street with our collective influence
This morning, on Thursday, robinhood and ALL OF THE OTHER RETAIL STOCK TRADING APPS prevented ANYONE from buying GME/AMC&other meme stocks due to "volatility and protecting everyone's best interests :^)" You can sell though *wink wink* >:^D
As such, we saw GME hold for a little bit, but it's since been plummeting and swinging wildly. IF SOMEHOW people can still hodl their stocks and keep the price high, the hedge funds will have to eat absolute shit on Friday as they're forced to continually buy ON THROUGH NEXT WEEK
There's a VERY strong chance reddit/discord/average joes will be the scrapegoat holding the bag at the end of all of this, but if we continue to make moves in the markets (by buying silver which is sorted and will hurt the MAJOR BANKS a lot rather than hedge funds) shit will flow
But here's the outrageous and dangerous rub. The federal government is watching us. The other week, the new Secretary of Treasury, Janet Yellen (gets paid millions to speak 2 WS btw) said they're "considering taxing unrealized capital gains" including "cryptocurrencies)
https://t.co/Yh1mTCeLnn
Here's the link for that exact quote.

If this tax gets passed as a way for the federal government to say "see, we did something for the little guy, we taxed wall street :^)" what will really happen is WS will find loopholes and RH users will pay BIG TAXES
So THANKS BIDEN! THANKS JANNY YELLEN! THANKS WALL STREET! THANKS US GOVERNMENT! THANKS FEDERAL RESERVE! WOWEE WHAT A GREAT FINANCIAL SYSTEM WE HAVE HERE FOLKS, WE SURE DO LOVE OUR GREENBACKS DON'T WE?! MMM OIL BACKED DOLLARS PRINTED OFF GOING BRRRR BETWEEN FED TO BIG BANKS & BACK
So, when all the bets are off the table, when we get banned from social media platforms, when we take action against symbolic institutional buildings of power, when our mom&pop businesses, restaurants and main streets are closed due to covid, when we can't afford rent -
and only get a $1,200 and $600 check from the federal government and told to wear our masks and comply... People take radical action and effectively terrorize the system as a result. Final message: HODL LINE BIG GUYS! WE WILL NOT BEND OUR KNEES! BREAK THE SYSTEM'S BACK
Oh yes, one final post script: Read this thread as well, it's got some intriguing information. This green text explicitly explains just how much damage this play could have on the system if we continue to hodl.
https://t.co/7hmlhOCf7f
COMPOUND INTEREST AND USURY IS A BITCH INNT?
Archived threadreader just in case.
https://t.co/Tkmzt5v0Ra
https://t.co/e8TtFz9PqB
BREAKING NEW DEVELOPMENT. FROM A SOURCE INSIDE THE SECRET WSB DISCORD SERVER. ROBINHOOD IS "glitching" AND PLACING SELL ORDERS ON $GME WITHOUT USERS CONSENT. THEY CANNOT CANCEL ORDER.
>he didn't read the EUA
Updates: Possible collusion between WH and Robin Hood.
https://t.co/sQxTjEabhm
Webull opens up buys for Gamestop stocks
https://t.co/y6Y5PPRktP
But they're a Chinese owned company.
https://t.co/rFuTmA2nVX

This is getting spicy AF.
For legal reasons all of the information contained in this thread is merely speculation, farcical news reporting, and pop culture reference. None of this is financial advice.
"For legal reasons, that's a joke / For legal reasons, that's a joke" -Pewdiepie
Janet Yellen has taken money for speaking engagements with Citadel, the same firm that loaned out for a short sell on gamestop and holds interest in Robin Hood
https://t.co/myEjTC7SxA
See item 29.

More from Trading

Aneesh Philomina Antony
Aneesh Philomina Anton...
@ProdigalTrader
If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
Contraction of price and volume near it especially near 20 days ma.
If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

4/23

Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

5/23
TRADING , ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's
OPTIONSLEARNINGS , TRADING , ALL
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

Everything to know about this strategy I'm posting in this thread.

(1/12)


Step 1: Stock Selection

1. For this strategy you're going to have to choose some stocks that you think will be doing well in the future/long term.

2. Stock must be in an uptrend.

3. Stock options should be liquid enough to trade in.

4. List of stocks attached

(2/12)


Step 2: Which option to sell?

1. Sell put at a support according to charts.

2. Sell put at a strike far away from the spot where you think the probability of the stock falling will be very very low.

3. Sell put at a price where you're willing to buy the stock at.

(3/12)


Step 3: What to do when in profit/loss?

1. If in profit you can just roll up the puts thereby increasing the ROI or shift to other stocks to make more profit.

2. If in loss take delivery of the shares equivalent to the lot size in cash market.

(4/12)

Step 4: What to do after taking the delivery?

1. Sell calls to lower your cost price of the stock. For eg, you took delivery of Reliance at 1900, sell 2100 CE which is about 10% away.

2. Keep doing this till your CE expires ITM and then give delivery of your stock away

(5/12)
TRADING , OPTIONS
Stockifi | Investors \u0915\u093e \u0926\u094b\u0938\u094d\u0924!
Stockifi | Investors क...
@stockifi_Invest
30 books I wish I read before Investing my hard-earned money:

1. You can be a Stock Market Genius by Joel Greenblatt
2. Common Stocks, Uncommon Profits by Phil Fisher
3. Margin of Safety by Seth Klarman
4. The Crowd by Gustave Le Bon
5. Winning the Loser's Game by Charles Ellis

6. The Zurich Axioms by Max Gunther
7. The Most Important Thing by Howard Marks
8. Thinking, Fast and Slow by Daniel Kahneman
9. The Intelligent Investor by B. Graham
10. A Zebra in Lion country by Ralph Wanger and Everett Mattlin
11. Learn to Earn by Peter Lynch

12.Poor Charlie's Almanack - The wit and wisdom of Charles T Munger
13.Speculative Contagion by Frank Martin
14. The Long and the Short of it by John Kay
15. More than you know by Michael Maubossin
16. Influence - The Psychology of Persuasion by Robert Cialdini

17. The Psychology of Judgment and Decision making by Scott Plous
18. The Real Warren Buffett by James O'Loughlin
19. Devil take the Hindmost by Edward Chancellor
20. Risk Intelligence by Dylan Evans
21. The Emotionally Intelligent Investor by Ravee Mehta

22.Accounting for Value by Stephen Penman
23. Common Stocks and Common Sense by Edgar Wachenheim III
24. Big Money Thinks Small by Joel Tillinghast
25. Memos from the Chairman by Alan C Greenberg
TRADING
Gurleen
Gurleen
@GurleenKaur_19
A Thread on~ O V E R T R A D I N G

Sitting and observing the numbers flicker on the screen might be very exciting.


But have you ever felt like you might've done better? Or you're just too tired of waiting that you punch an order right in?

That's a Bad Idea.

So, Let's understand the reasons behind it and try to find a way out.

1. Not having a trading plan makes you clueless.
Your impulses start to take control of you.

2. Having a trading plan; But still taking impulsive/ random trades.
Because of adrenaline rush or gambling instinct.

3. Revenge trading
When you try to force a trade in order to recover from a previous loss.
TRADING

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Nyck de Vries
Nyck de Vries
@nyckdevries
Lately there have been various rumours in the media about myself and Jumbo in relation to Williams. To clarify things, Jumbo is not and will not invest any money in my career. 1/2

Of course we’re collectively looking at career opportunities, however this is certainly not our philosophy and strategy. I hope to announce my future plans soon, be patient 😉 2/2
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Jonathan Ware
Jonathan Ware
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Rhino Barges

One of the dullest, coolest, more bizarre and fascinating pieces of kit used in Normandy.

Which NO ONE REALLY CARES ABOUT.

BUT I DO AND YOU SHOULD TOO.
/1

#WW2 #SWW #History


Planning for Overlord and Neptune had a serious snag, how to get troops from LSTs onto the beach as simply ramming them onto the beaches and dropping the ramp was known to damage the exceptionally vulnerable LSTs and felt to be unsustainable in the mid to long term. /2


LSTs were essential in sustaining Overlord's progress and were a subject of major headaches in the planning phase, and a real subject of friction when it came to launching additional amphibious operations such as Dragoon.

A single LSTs loss represented a capability nick. /3


So, logic dictated, we don't really want these remarkable but rare and highly valuable vessels constantly doing beach landings, we want something to act as a medium between ship to shore, and in came the (mostly) American designed Rhino. /4


I fucking love Rhinos.

Seriously.

Graceful lines of pure industrial pedigree.

Modular.

LOOK AT IT. /5
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Buzz Chronicles
Buzz Chronicles
@buzz_chronicles
@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: "@OllieEmberson @buzz_chronicles @rattibha @SaveToBookmarks save as Workouts". Thanks! ✌

Hi! Pleasure is mine. Original tweet by @SaveToBookmarks: "@AchuthArora @OllieEmberson @buzz_chronicles @rattibha Cool mate!

I saved this ...". See You soon! 👌
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WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
PETER PADUKAM - THE LEGEND OF MADURAI MEENAKSHI TEMPLE AND A BRITISH COLLECTOR.

A British Collector named Rous Peter was appointed as Collector of Madurai from 1812 to 1828.

Though a Christian by faith, he respected all faiths including Hinduism and also honored local practice


Collector Peter was the temple administrator of the Meenakshi Amman Temple and conducted all his duties with sincerity and honesty and respected the religious sentiments of all people.

Collector Rous Peter respected and treated people of all faiths equally and this noble trait

earned him the popular nickname ‘Peter Pandian'

Goddess Meenakshi Amman Temple was situated between Collector Peter's residence and office.

Everyday he used to go to the office by his horse and while crossing the temple, he got down from his horse, removed the hat and his shoes

and crossed the whole path on his foot.

Through this small gesture he expressed his reverence to the Goddess!

One day there was a heavy downpour in Madurai city and River Vaigai was in spate.

Collector was sleeping in his residence and was suddenly disturbed and woken up by

the sound of anklets and he left his bed to find out from where the sound had came.

He saw a small girl wearing pattuvastrams (silk garments) and precious ornaments and addressing him as 'Peter come this way'.
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Nikita Poojary
Nikita Poojary
@niki_poojary
Mr. Vijay Kedia built a net worth of over Rs. 800 crores.

But you probably never read past that headline.

So I binged hours of interviews to learn his investing principles and strategies.

Here are 20 lessons on investing from @VijayKedia1 Sir:

Collaborated with @AdityaTodmal


Before I start, a quick disclaimer, please don't ape his portfolio.

As the entry price, horizon and risk appetite would be far different than yours.

Rather lets draw inspiration and try to learn his stock picking skills.

Now let's DIVE IN👇

1/ Started off as a trader:

- Soon, beginner’s luck started to fade out and loses started to mount, to an extent where his mother was about to sell her ornaments.

- Although he was able to dodge the situation.

- This incident taught him the biggest lesson to have a stop-loss.

2/ Punjab Tractors:

- In 1990, he made his first investment by putting in his 10-years savings of Rs 35,000 in this stock, based on a news trigger that tractor industry will witness a turnaround.

- It worked and fetched him 4-5 times which he calls it as a fluke.


3/ He believes that an investor must possess three qualities:

i. Knowledge,
ii. Courage, and
iii. Patience.
GENERICLEARNINGS , ALL


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