Since @SEBI_India has imposed new decisions for peak margins, making Retail Traders suffer the most and big players take advantage by doing easy manipulation of the market.
#SEBIagainstRetailTraders

After this decision trading in derivative segments will be done by a handful of big players. It seems like they are working in favor of HNIs or big players in the stock market.
#SEBIagainstRetailTraders

It is a worldwide practice that more than 90% of trade volume comes from retail traders(small traders), who utilize leverages from brokers in order to make money from the stock market.
#SEBIagainstRetailTraders

Since the start of the lockdown period, there was only 1 industry that was still grooming, this was indeed the stock market. Many people who lost their jobs, businesses during this tough time, saw a ray of hope in trading to support their livelihood in a dignified way.

It seems their last hope to earn livelihood in a dignified manner is also fading away.
#SEBIagainstRetailTraders

What does the Trade and Cooperation Agreement mean for the UKs #extradition arrangements with the EU27?

Lets take a quick look

Thread

A reminder of the respective positions of the UK and the EU in their negotiations that the UK Government considered a 'UK WIN'

As rightly said by @StevePeers, the reality is that the Agreement appears to be closer aligned to the EUs objectives, particularly given the EU wins in relation to dual criminality, ability to determine applicability for political offences and surrender for own nationals. EU WIN?

To begin with, as per previous arrangements, #extradition is referred to throughout as a 'mechanism of surrender'. Unlike the Council Framework Decision on the European Arrest Warrant, the surrender arrangement does not appear to be based on mutual trust and recognition

Despite the UK Governments negotiating position of not seeking participation in the EAW scheme, the Agreement provisions on surrender closely follows the wording of the Framework Decision on the European arrest warrant

$TSLAQ Instead of having an accrual palooza, I will dribble these out as I have time and available information. The first account to be reviewed: Automotive Leasing Revenues. The remainder of the planet calls this Sales-Type Leasing (ASC 842.) (1/n)

GAAP allows revenue recognition if a manufacture or dealer leases the preponderance of useful life and economic value of inventory. Computer manufactures are significant users of this accounting treatment. The journal entries for this type of leasing are: (2/n)

The sales are the present value of the payments plus down payment. COGS is the cost of the equipment less the present value of the residual payment. (3/n)

The final receivable entry is the residual value added to the lease payment receivable to remove inventory from the financial statements. $TSLA classifies the lease receivable as an Operating Lease Vehicles, net on the balance sheet and they are subject to depreciation. (4/n)

The assumptions in the calculation that can be subject to manipulation: the implicit interest rate of the lease and the residual payments. Lower rates increase capitalization of the lease which gives higher revenues. Larger residual decreases cost of goods sold. (5/n)

Important update regarding the 'Trades I liked' chart:

I'M GOING NAKED 😱

Don't worry, there is method behind the madness 😉 This is a thread, grab a coffee or a glass of wine. Or you could just have an Irish Coffee instead, cover all bases😊

I used to take trades all the time off various levels & vwaps. All these give off some great trades! However more recently, the majority of my trades have been off the naked bars. Not a lot beats trading wicks for me, it's a simple setup that repeats all day long!

As Matt used to say in the room "If you're not using something, why the fuck is it on your chart"? I found myself thinking the same thing tonight when explaining my chart to someone.

Now altho I haven't been taking that many trades off levels or vwaps, I still want to know where they are. E.G. If I'm long & I can see we're going to run into the PSH (Previous Session High) or Day 3 VWAP, I'll think abt adding-on (to bring target below) or killing trade there.

Context is so important. The 15m chart with the levels and vwaps on give me what I need to see (the overall picture with where the potential road blocks for the day will be). For the 1m chart, I don't actually need them on there.

As I completed 23 years on this lively planet and 5 years in this stock market, I want to share my 23 mistakes of my Investing journey.

A thread🧵

1. Quick Money
I begin with the stock market in a thought that it is an easy and fastest way to make money. Initially, I begin with buy and hold strategy but I felt, that is not what I came for and so I initiated with trading and in few months, (1/n)

I made some good returns, in the next succeeding month I lost my profit and my initial capital. (due to demonetization).

One quote revamp my mind “Rome was not built in a day and Hiroshima and Nagasaki were destroyed in a day” (2/n)

2. Taking tips from News Channels
I lost my faith in 2016 due to such a heavy loss and embark to take tips from TV channels and follow them on daily basis. I don’t know about others but this step failed me miserably. (3/n)

TV channels are just for TRPs, if they don’t provide tips, viewers shift to another channel, while you know the rest.(4/n)

There's just days until the Northern Ireland protocol enters into force on 1 Jan. The Joint Committee has made it's decisions, the UK and EU have agreed an FTA (the TCA), and the UK have announced lots of new schemes, but what does this all mean for the Irish Sea Border ⛴️🚛🧵

Tariffs💵The Joint Committee already agreed that most goods moving GB-NI that are for sale or final use in NI will not be subject to tariffs. Businesses will need to register for the UK Trader Scheme to certify that their goods qualify.

Registrations for the UK trade scheme opened on 15 December so cutting it a bit fine. But the JC decision allows for any applications to the scheme to be provisionally approved for up to 4 months. The zero-tariff UK-EU deal has relieved some of the strain on the scheme because..

A lot of goods moving GB-NI will qualify for tariff-free access whether the goods are staying in NI or going to the EU, so many businesses may not bother using it. But it could still be important for goods who don't meet the Rules of Origin threshold

Customs formalities 📑 The same paperwork, including customs declarations, will be required on goods going GB-NI as going GB-EU. The UK-EU have agreed some simplifications in the TCA & UK officials applying EU law in NI will no doubt be as light touch as possible.

Ok, here's the $CRESY thread (also posted to https://t.co/fxuIdqDOtQ, where the format may be a bit easier to read).

I haven't been this excited about a position in a long time. I think $CRESY is worth far more than its $6 trading price today. Here's why...

Here's what we have...

More than 1.3M acres of wholly owned SA farmland (beef, corn, soy, sugarcane

62.4% stake in a truly impressive real estate portfolio - 15 malls, 4 skyscrapers, 3 luxury hotels, nearly 1000 acres of land in Buenos Aires and Montevideo, the Buenos Aires fairground, 2 convention centers, a consumer bank, a commercial bank, and an arena, and a US REIT.

A 50% stake in Argentina's biggest ag exchange, and a 22.5% stake in an Ag fintech platform that just raised more money than any Latin American agtech startup in history from Bay Area VCs.

The farming segment itself is profitable, and with the prices of all the commodities they produce skyrocketing, despite more than doubling since the March lows, CRESY is still trading lower YoY and seriously lagging its fundamentals.

Earnings are set to explode.

1) As the miserable year of 2020 reaches its end, it's time to return to the offices of Hindsight Capital LLC.

For those unfamiliar, this great, albeit imaginary, hedge fund invests with the benefit of a style guaranteed to beat all others: hindsight

2) As such perfect vision would allow infinite returns, certain limits are imposed on Hindsight Capital’s managers:

🚫It can't trade during the year
🚫It can't use leverage
🚫It can't invest in individual stocks
✅It must make broader or sectoral

3) Hindsight can, however, make “long-short” trades.

But the hedge fund must be able to explain how someone might have made such a trade based on only what they knew at the time. Foreknowledge of earthquakes and hurricanes, for instance, is not allowed

4) As for the pandemic, Hindsight Capital’s managers were aware of the novel coronavirus in Wuhan and had little difficulty in predicting how the world would react and what its effects would be.

That was crucial, as will be seen in this thread

5) Hindsight Capital always bases itself in the country with the year’s weakest currency.

In 2020, that was Brazil, giving its managers a great excuse to live out the pandemic from an office overlooking Ipanema Beach

A thread about my thoughts on the market:

$SPX has a rising wedge, looks really weak.

$DXY is bottoming with the short interesting going higher and higher.

$UVXY building a big base. Last time we saw this was in February.

$RUT has hit respected trendline from 1998.

$DJI about to hit the respect trendline from 1929 and 2000. These were two secular bull markets that ended.

Big tech looking really weak.

$NVDA about to break down.

$MSFT had a breakout failure, which is usually very bearish.

$FB has already broken down.

$APPL looks to have a double top. Also went outside of bull channel.

Back in 2000, there was a late rotation into $RUT and it broke out of a base and this spelled the top for the $NDX.
We are seeing the similar pattern here in 2021.

Short interest for $DXY is sky-rocketing. Such an extreme positioning has led to a rally in the past. A $DXY rally is a big threat to equities and precious metals.

R/T
@MacroCharts

A lot has been written today about the $GME pump on /r/WallStreetBets from a financial angle.

But I think there's another angle - this it also works as a *multiplayer game* and one with an interesting design.

Don't believe me? Let's look at it structurally!

1/

WSB pump of $GME exhibits a number of gamelike elements:
1. resource mechanics
2. multiplayer social mechanics
3. progression mechanics
4. multi-system interactions
5. prediction complexity, and
6. a powerful player fantasy to tie them together

2/

1. Just by itself, the stock market is an engrossing game (for those who can afford the time and money). It's got a variety of simple resource mechanics (buy / sell stocks), more complex mechanics (buy / sell options), super complex mechanics (would you like some futures?) ... 3/

... and a very high analytic complexity (which mechanic should I apply to maximize return, short term or long term?).

Like in chess, this analysis is very hard but therefore interesting.

And the system gives somewhat clear feedback about how well you're playing ($$$). 4/

2. Now WSB specifically adds social mechanics. Being a lone wolf timing the market is one thing - but banding together to see what you can do together, now that's something else!

Specifically WSB allows not just socializing/meta, but also for coordination. 5/

Mistakes i made when i was new to trading..

A thread :

Watched news for tips ( it's ok to see interviews and all, but avoid watching it for tips )

Wanted everyone's view for my trades ( the more views you get, the more confused you will eventually be, focus on your own study )

Over traded ( more number of trades doesn't means over trading... Trading without plan is over trading )

Leverage trading ( it's ok to do it, but should be avoided in first year of trading or atleast till you have proper knowledge of the risk involved )

🚨Weekly Market Update #1🚨

I go through a daily and weekly process that helps me maintain a higher level perspective on markets and not lose the forest for the trees.

I use @KoyfinCharts for essentially this entire process - thank you @koyfman!

Time for a thread 👇

1/ Domestic Markets

Note: I look at many time periods for everything presented here. For convenience I show trailing 3 months in this thread.

Nasdaq outperformance vs. the S&P and Dow is narrower when compared to T6M. Over the T12 period, the Nasdaq has outperformed by 26%.

2/ European (+Brazil) Markets

Germany (DAX) has lagged both the French (CAC) and UK (FTSE) markets. Including Brazil (Ibovespa) here - it has been outperforming Europe.

The DAX and IBOV have fully recovered from the March 2020 drawdown while the CAC and FTSE continue to recover

3/ Asian Markets

The KOSPI (Korea) has been on absolute fire, with the NKY close behind. The SHCOMP has lagged of late.

The KOSPI has also outperformed since the pandemic, with the NKY and SHCOMP lagging by 17% and 21%, respectively, over the T12 period (HSI is breakeven).

4/ US Sectors

Energy and Financials have been on a tear lately (economic recovery). Materials have also performed well, playing the recovery.

Technology and Consumer Discretionary have led over the T12 period, but are in the bottom half T3M.

Healthcare has held up strong.

There is a serious misreading, particularly on the Left, as to what is going on with Gamestonks, $GME, $AMC, $BB, $NOK, the whole kit and kaboodle. Equating this with the Capitol Hill insurrection or with Trump or 4Chan is a mistake. Thread.

A lot of leftists are imposing their ideology on Gamestonk, rather than analyzing the conditions. This is a good explainer by @JamesSurowiecki. Using social media, options, and discount brokers, the mob figured out a way to exploit Wall Street.

Of course it's not so simple. Wall Street loses, Wall Street wins. @alexisgoldstein explains how some hedge funds make a killing even as some take a bath. But 1000s of retail investors are being screwed by Wall St and Washington in all of

Additionally, three Wall Street oligarchs have made a collective $2 billion of GameStop alone. Michael Bury, one of the famous traders from "The Big Short," has also apparently made $250 million. So, yes, rich are getting richer.

But if all you focus on is the wealthy, than you cannot explain why there is blatant market manipulation going on with many brokers suddenly preventing retail investors from buying "meme stocks" like GME, AMC, BB, NOK, BBBY. In fact, they can only sell. Who does that benefit?

Everyone should own a digital asset that earns $2,000 per month.

Here are 10 dead-simple ways you can make your First $1 online (from people who actually did it):

🐦 Analyze viral Tweets

1. Get Twemex (free chrome extension)
2. Find influencers with viral tweets
3. Identify why they went viral
4. Put your analysis on a document.
5. Upload it to Gumroad
6. Sell it

H/t @BrianFOConnor

🔢 Extract data from yellow pages into excel

1. Find a B2B/B2C niche that needs offline data
2. Choose a digital platform (Excel, Airtable ..)
3. Move the data to the digital platform
4. Hire someone on Fiverr to do it
4. Sell it on gumroad

H/t @SachinRamje

🎨 Design flyers and graphics

If you are good at designs:

1. Find a niche (ex: Vegan resturants)
2. Create a profile on Upwork
3. Upload a portfolio
4. Start with a low charge per hour/design
5. Steadly increase your charge

H/t @abdussalampopsy

🏋️ Become a coach

1. Decide on a target persona
2. List down your achievements
3. Update your social profiles
4. Create a calendar account
5. Create content with CTA to book a call

H/t @OllieEmberson

The stock market is not a neutral arbiter of real value.
The stock market is not a neutral arbiter of real value.
The stock market is not a neutral arbiter of real value.
The stock market is not a neutral arbiter of real value.
The stock market is not...

Most of the banks whining about Reddit would be more bankrupt than Gamestop if the government wasn't constantly propping them up with easy money.

It's all an artificial construct. Which is fine, as long as we stop pretending it's an objective marketplace governed by natural law.

We've set up a system where everyone depends on too big to fail finance companies, public policy doesn't work without them, but they're ALSO allowed to be predatory and they're never allowed to lose money.

Citigroup doesn't get to decide who lives and who dies.

We apparently aren't allowed to decide with our VOTES that hedge funds should die and brick and mortar companies should live if possible.

And now they're freaking out if we literally start deciding it with our *money* in their "free" market.

They don't get to decide! /3

Goldman Sachs, Citgroup and Manhattan hedge funds are not sober, responsible judges of who deserves to live or die according to real capitalist value.

If the rules were fairly and equally applied, Goldman Sachs and Citigroup would be bankrupt and stripped to the bone. /4

Vascon Engineers; Price objective INR 30
Buy in 2 tranches between INR 14.5-12

Strong Execution record: 
The company has strong clientale  and has more than 30 plus years of experience across commercial, residential and own real estate development which include big names

like Cipla SeZ, Ruby Mills  Mumbai, Suzlon  one, MLCP Delhi Airport and various IT companies like Zensar, WNS , IBM, Mastek, Mphasis  etc.

Company has strong order book of 2000 cr which is 4x its FY20 revenue gives visibility of next 2 -3 years. The company has started

winning new orders also.

The company is confident of  reducing its current NET debt of INR 187crores substantially from revenues of existing projects only, Montization of non core assets and sale of Windermere.

The company has taken various cost measures during COVID and

they are likely to remain and would boost profitability of the company and improve margins.

The company has good real estate pipe line of more than 100 cr plus for next 12 -18 months.

75 pc of order book is largely from Government based projects where cash flow issues are

not there.

Company has witnessed good traction in real estate biz post Maharashtra Government announced stamp duty reduction from 5 pc to 2 pc.

Company is confidence of achieving FY20 numbers in FY21 as execution is now at normalcy with sufficient labor availability against

Solid session on 🇮🇳 by @balajis and @naval via @joinClubhouse

Key takeaways... 👇

1/ India will be the biggest beneficiary of the move to #remotework. Three factors driving this: the English-savvy population, willingness for companies out West to hire from a global talent pool, and the large STEM-educated workforce.

2/ India has the potential to become a media superpower. We have Bollywood, the massive audience, the content creators. They foresee India churning out media that isn't uniquely Indian, but one that resonates with global audiences.

3/ The government isn't doing foreign investors any favors with the stringent capital controls they've put in place. Additional capital gain taxes, overbearing KYC controls, and cumbersome paperwork are a few factors dissuading foreign capital from entering Indian markets.

4/ Where you choose to live, incorporate your company, and target your audience could be thought out and optimized for. They don't need to all be in the same region anymore. The world is flatter than ever before.

THREAD: Unless you think $XRP is actually going to zero (spoiler- it's not), it doesn't make much sense at all to sell here. "But Credible, I can put the money elsewhere and it will make me money! Why hold this rotten, centralized, scam coin! It's just going to go down (cont.)

forever!" Well good sir, let me put this into perspective for you. Even if you think $XRP will never see ATH, or even past $1 again, chances we see a dead-cat bounce at the bare minimum, are high. Aside from the fact that we are now in a full fledged bull market, we can (cont.)

see that sell pressure on XRP is waning at this time- not just on the BTC pairing, but also the USD pairing. Bullish divs are popping up everywhere, across all TF's. This indicates that at the very LEAST, we will likely see a dead cat bounce here shortly (if not reversal) (cont.)

. So, lets take the chart below for example. If you hold here, even a dead cat bounce to .40 would increase the value of your position by near 100%. If you moved your funds elsewhere, say ETH for example, you would need to ride ETH from current prices of $750 to (cont.)

$1500 just to get the same rate of return. Or, you would need to ride BTC from $28,000 to $56,000 to get the same rate of return. Do you see what I am trying to say? The ONLY reason you would be selling here is if you think that there is actually a decent chance that $XRP (cont.)