BC TRADING
Saved by @Mollyycolllinss

1/ Just realized this morning that it was 5 years ago today that I invested in @densityio ... it has truly been such a great career experience for me. Some notes ...

 2/ Density is a privacy-first way to monitor how people or objects move around spaces. Today mostly office spaces. Plus warehouses, schools, retail outlets, government buildings
3/ Density is a software company that gives insights to property owners or occupants. To deliver value it required team to also build hardware. That has been a journey. VCs are scared of HW. It’s challenging but gives SW companies such great defensive moats.
4/ many of the great tech companies have used HW to great advantage. Apple, obvi. But Amazon (Fire, Kindle, Alexa/Echo, Ring). Google (Nest, cameras that built Streetview, Home, FitBit). Peloton. Roku. Just a few obvious ones. HW + SW is so powerful.
5/ Team pitched me on infrared devices. We weren’t convinced on accuracy but bet on team: Andrew, Garrett, Rob, Brian & others who I figured would iterate on solution. Plus, I had huge trust in seed investors @jtriest @Jason who voiced for them & @AvidanRoss who didn’t but liked
6/ Quickly they settled on laser and “depth sensing” which gave much more accurate ingress & egress (in / out) which was critical for physical security. Was purchased by who’s who of Silicon Valley: DropBox, Stripe, Amazon, Salesforce, LinkedIn, Facebook & so many others. But ...
7/ HW was expensive and slow to build and inventory costs and Infosec requirements. Watching @GarrettBastable work the supply chain & leverage his experience from working at Apple was awesome. Drove high quality but stripped out costs. Let SW team focus on just SW innovation
8/ Team made important early decision to “Build in America” and put assembly in Syracuse, NY where company was founded & founders came from (HQ now SF but distributed team). We get great talent in Syracuse & don’t churn employees. Plus, none of the move to Miami. Although ... :)
9/ We took off with security and space planning (US gov’t, Marriott, Verizon, Delta, CBRE) but VCs still didn’t “get it.” What were we? Luckily @foundersfund believed in the team. With that raise we hired experienced GTM leadership @asewall @aleksstrub Leanna and 💥 💥 💥
10/ @adambain & @dickc saw traction and made bet before growth investors. I love their model (and them). They don’t take board seat - they act as coach. This was more valuable to us. Helped at critical time. And also helped validate for growth investors
11/ Then what happened next was insane. We launched a radar-based solution. Infrared was great for ingress / egress but radar is perfect for proximity. I think you know where this is heading ...
12/ With laser (counting people in/out) and radar (distance from each other) we thought we had a huge market opportunity. Then Covid happened. Over night all those people who didn’t get it suddenly realized this needs to exist in every office, every warehouse, every university...
13/ Density’s bookings grew > 450% in one quarter. We had more demand than we could serve and had to be selective who our most committed and promising customers were
14/ A ton of VCs kept saying “somebody is going to do this with low cost cameras” Of course companies will try. But we have not only a technically superior solution & lower processing costs but here’s a very important thing that has been @andrewfarah’s true north since day 1 ...
15/ Andrew lives the privacy mission. In a world that is increasingly intrusive we believe there’s a critical role for non-cameras. We don’t think employees & customers want Uighur-like tracking where your your every move if filmed without your consent or knowledge
16/ The company recently raised a huge growth round led by @ilyaf @kleinerperkins who bring a tremendous growth mentality. Plus DTA who brought @AROD ... who truly has amazing corporate relationships and works to help Andrew.
17/ With huge demand, enterprise-grade product, complete exec team, $50+ million in fresh financing - the next five years will be even more exciting. Here’s the thing ...
18/ This story sounds linear. Up-and-to-the-right. It wasn’t. It was years of struggle, execution challenges, VCs doubting - I had to bridge the company once. Exec team took pay cuts without being asked. Their unwavering belief & commitment got them over that hurdle
19/ VC isn’t all fun & amazing as you might imagine on Twitter. It’s hard work. Successes & failures & hard calls. But for those of us who enjoy watching products & markets get created out of nothing - it’s journeys like working with Density that make this job so rewarding

More from Trading

OptionSeller(Vardhan)
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@CaVardhanca
If you really want to make MONEY in markets:-

Instead of finding SUPPORTS to BUY in Bearish Markets, try to SELL near RESISTANCE in PULL BACKS.

Instead of finding RESISTANCE to SELL in Bullish markets, try to BUY near SUPPORT in PULL BACKS.

You are all set to make MONEY!!!
TRADING
Trader knight
Trader knight
@Traderknight007
FEAR - It’s the re-experience of failure in advance.

Many traders face the issue of Not entering in trades because of fear.

A thread on How to pull the trigger when the opportunity knocks.


Lets First start from knowing the cause of this "FEAR" of pulling the trigger.

A traders goes through many phases before becoming Profitable.

The first phase is the " APUN HI BHAGWAN HAI" phase-

When we first begin Trading, we don’t know any concepts, we don’t know about the risks , the dangers.

So we start trading, and like most guys by beginners luck we start making good, we start to calculate how much money we will make in next 1yr, 5 yrs, Greed start to Hop in.


We get introduced to Various instruments, F&O, LEVERAGE.

We take big positions as we don’t have any FEAR cause we haven't seen those bad phases yet.

Now we get the Big blow, account down -50%, or in many cases wiped out.

The first phase ends here.


Now we know How the market can kick our ass, we now know the risk that comes with those big positions.

"THE LEARNING PHASE"-

Now we know that we were just lucky initially and now we have to learn why we get those losses, so we start learning concepts , fundamental, Technicals.
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Madan
Madan
@madan_kumar
Thread on 'no stop loss', 'adjustments' and 'Risk'
----------------------------------------------------

Wanted to share my thoughts on this topic for a long time but this email sent by someone yday woke me up from slumber

Pls read the email 1st before delving into thread

(1/n)


In the past 1-2 years, there has been a sudden surge of traders who just talk about theta decay, option selling, adjustments and stuff like that..

It is all fair as long as the trader knows what he's doing. But the reality is far from what we see/perceive...

(2/n)

Many of these folks were told that one can 'adjust' their way out of any situation. Any sane options trader know that you cannot come out of any situation by adjustment

One of my friend used to do that(he is famous in options selling desi fintwit) for a long time until..

(3/n)

..he realized that one cannot possibly do that and its gonna burn him one day. He's pretty smart and hence, he put a portfolio level SL & when that hits, he will stop dancing, gets out and calls it a day

So, risk is managed at account level and he is quite clear about it

(4/n)

Unfortunately, 1000s of traders who does option selling(with adjustment) dont have this risk mgmt in place.

They think (i dont know if i had to call it false confidence or ignorance) their skills in 'adjusting' will take them ashore 😅

(5/n)
TRADING
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
Aditya Trivedi
Aditya Trivedi
@itsAdityaT
Most of the successful traders here are option sellers.

Ever wondered why?

Why we have chosen option selling?

Find our below

1: Being wrong and still making money.

We as option sellers can be wrong with our market view and still end up making money because of the power of theta decay and adjustments to some extent.

Adjustments work better as get closer to expiry since decay is the highest.

2: Theta decay

The biggest reason and one of the prime reasons is the theta decay.

Option sellers always have an advantage because the as time passes, the option premium falls even if the underlying instrument doesn't move.

3:Playing directional view

Option selling also enables us to take a directional view. In fact, directional view along with theta decay makes it a solid combination.

Debit spreads and credit spreads works great for a directional view.

4: Playing Neutral view

We can make money in option selling even if the market doesn't move as the otm options will go to 0 with the help of theta decay. It's the most fascinating thing.

This is what attracted many into option selling.
TRADING

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Remembering the Bengali scientist Dr Subhash Mukhopadhyay- the Pioneer of IVF in India, the creator of India's first and world's second child using IVF on his birth anniversary. The Father of IVF in India who was rewarded with suicide was born on 16.01.1931in Hazaribagh.
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Dr. Subhash was the son of a doctor and studied at the National Medical College in Kolkata after completing his schooling. Fascinated by innovations in gynaecological surgery from his early days as a medical student, he completed his PhD in reproductive physiology +


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