Option Buying Simplified

Very important thread for all option buyers 🧵

Just 5 minutes to read but it can change your trading a lot.

Support us by RETWEET this tweet to help most option buyers to gain knowledge & to avoid getting trapped from big players

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Let's first understand the DELTA of a option to get a idea about understanding the option strike price & always as a option buyer don't choose OTM option to trade

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Let's understand how much the option price has a probability to move for every 100 points move in banknifty

Delta effect to the option price movement

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Most retail traders big mistake in choosing option strike with a wrong perspective. Don't think it as a cheap option premium - Better choose the QUALITY

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चन्द्र-दर्शन का निषेध वर्णन।

उक्त व्रत-पूजन प्रतिवर्ष एक दिन किया जाता है। उसे पाँच वर्ष तक तो करे ही, अधिक करे तो अधिक फल होता है। इस व्रत के फलस्वरूप उपासक को गणेशजी के स्वानन्द लोक की प्राप्ति होती है। यह गणेश व्रत अत्यन्त प्रभावशाली है ।

किन्तु नारदजी ! इस चतुर्थी में रात्रि समय चन्द्रमा का दर्शन न करे। क्योंकि उस दिन चन्द्र-दर्शन से मिथ्या अभियोग लग जाता है तथा अन्य अनिष्टों की भी सम्भावना रहती है। यदि भूल से चन्द्रमा का दर्शन हो जाये तो उसके दोष निवारणार्थ भगवान् गणेश्वर का चिन्तन करे।

निम्न श्लोक का पाठ चन्द्र-दर्शन के दोष निवारण में बहुत महत्त्वपूर्ण है

सिंहप्रसेनमधीत् सिंहो जाम्बवता हतः ।

सुकुमारक मा रोदीस्तव ह्येष स्यमन्तकः ॥ हे नारदजी ! अब आश्विन मास की चतुर्थी के व्रत का फल कहता हूँ ।

उस दिन भगवान् कपिर्दीश विनायक का षोड़शोपचार से पूजन करे तो सर्वप्राप्ति कराता है। कार्तिक मास की चतुर्थी करका चतुर्थी या 'करवा चौथ' कहलाती है। यह व्रत प्रायः महिलाएँ करती हैं। उन्हें शुद्ध जल से स्नान कर नवीन वस्त्र धारण करने चाहिए।

तदुपरान्त प्रसन्नचित्त से गणपति का पूजन करे और चौदह थालियों में स्वादिष्ट पकवान ब्राह्मणों को दे हे मुने ! सामर्थ्य के अनुसार ही दान करना चाहिए। कम देने की शक्ति हो तो चौदह स्थानों पर कुछ दे कुछ विद्वान् दस स्थानों पर देने का विधान बताते हैं।

I transformed my body in 6 months.

People charge INR 25,000+ for this information. It should be free.

Just follow these simple fat loss rules:

Exercise:
• 3-4x per week
• Weights > Cardio
• Compound movements first
• Cardio after weights

Don't focus on burning calories focus on getting stronger

Video

Nutrition:
• 20-25% calorie deficit
• 1.6-1.8 g/Kg Protein
• 2x fruits & veggies daily
• Limit eating out

Food quantity determines weight loss. Food quality determines health.

Video

Sleep:
• Fix wake up time
• Sleep 8 hrs
• No caffeine after 2 pm
• Dinner 2-3 hours before bed

Have a routine, and be consistent. Routines save your time and maximise your energy.

Video

Simple is beautiful.

Don't bookmark and forget.

• Commit to the end goal
• Disappear for 6 months
• Build yourself in private

Before you go, I would love to give you 10 bonus tips to make you unstoppable-

(with step-by-step video tutorials)

Why do we do parikrama (go around) deity idols or temples?

#LongThread

Pradakshina (Sanskrit), meaning circumambulation, consists of walking around in a ‘circle’ as a form of worship in Hindu ceremonies in India.

The devotees walk around the garbha griha, the innermost chamber of the shrine housing the temple deity. It is done around the sacred fire (Agni), trees, and plants as well.

Thus, Pradakshina is done around Tulsi plant and Peepal tree. Pradakshina or Parikrama is done in pilgrimage centers also. Pradakshina literally means: to the right (Dakshina means right).

So, in Pradakshina, one goes to the left-hand direction to keep the deity around the Sanctum Sanctorum on one’s right side. Pradakshina is one of the customary aspects of going to a temple.

It took me 10+ years & more than 1000+ hours of practice…

to master these 5 IMPORTANT RULES WHILE DRAWING TRENDLINES 🎯

These simple rules, if mastered, can help one spot HIGH PROBABILITY TRADES!

Ready to learn?🤓

Let’s go🧵…

1⃣ Trendlines are zones and not a single line!

- Due to volatility in price, many times prices tend to spike on both sides
- So, consider trendlines as zones from multiple swing highs(include wicks) to get the best fit trendline
- Your winning probability increases with zones

2⃣ Trendlines with more touchpoints

- Any trendline with 3 or more touchpoints is a very significant one
- The price points around significant trendlines are important & should be watched

Observe the commentary in the Nifty chart below

3⃣Trendlines on higher Time Frame are more significant

- A trendline on the 15 min chart will be easily broken than a trendline on the daily
- A shorter time trendline break might just mean a consolidation phase before the price moves up again resuming the larger trend

4⃣ The steeper the trendline the more likely it will break

- The less steep the trendline angle, the more significant it is & more likely to be respected.
- Any trendline with an angle greater than 30° is steep & likely to be broken before the previous trend continues.

List Of All The Shakti Peeth With Detail: A Thread.

1. Kirit Shaktipeeth: situated on the Lalbagh coat bank of Hooghly river in West Bengal. Kirat means Sirabhushan or crown of Sati mata was dropped there. Idols are Devi as Vimala(Pure) and Shiva as Sangbarta.

2. Katyayani Shaktipeeth: situated in Bhooteshwar in Vrindavan, Mthura, where Sati’s hairs dropped. Devi signifies power whereas Bhairav signifies Bhutesh(Lord of living beings).

3. Krvir Shaktipeeth: situated in Kolhapur, Maharashtra. Devi’s three eyes fell there.Idols are Devi as Mahishmardini and Shiva as Krodhish.

4. Shri Parvat Shaktipeeth: Some scholars believe that it is situated in Ladakh whereas some believes that it is in Silhat in Assam. Idols are Devi as Shri Sundari and Shiva as Sundaranand .

61 Top Trading mistakes of Option Buyers -
🧵

- Buying options when IV is falling.
- Buying options when the market is stagnant.
- Not waiting for confirmation of a breakout.

- Not taking care of proper position sizing.
- Thinking of only the rewards, ignoring the risks.
- Jumping to trade without waiting for proper setup formation.

- Not putting SL in the system.
- Not calculating SL beforehand.
- Not having an exit strategy beforehand.

- Not giving importance to Greeks.
- Buying OTMs near to expiry, coz they are cheap.
- Buying OTM in large quantities, coz they are cheap.

Maravanthe is a village and a beach in Byndoor Taluk, Udupi District, Karnataka, India. #IncredibleIndia
The Suparnika River flows on the other side of the road.Outlook traveller considers it one of Karnataka's most beautiful beaches. #Thread #India

The Suparnika River, which almost touches the Arabian Sea here, makes a U-turn and goes westward to join the sea after a journey of nearly more than 10 km (6.2 mi).

VCP SCANNER

A THREAD 🧵

Before hopping from scanner to scanner, We need to understand what we are looking for? What is our trading personality?

I personally use 3-4 Scanners regularly to find stocks of my interest. Let's go through them one by one

Scanner 1
This my go to scan, This scan shows the result of all the stocks trading above 20SMA, which have latest % close +- 3%.

Drawdown of this scan is It's result can go upto 1000-1200 stocks in a day. so It's not possible for a part time trader to run this daily.

Link for scanner 1:-

Scanner 2

(DISCLAIMER:- THIS IS NOT MADE BY ME, I'VE FOUND IT ONLINE SOMEWHERE PLS TAG THE OWNER FOR CREDIT IF YOU KNOW)

I don't use it daily, because Scanner 1 gives me all the result I need.

This scanner shows the highest ROC ( Rate of change )

12 Python libraries for free market data everyone should know:

yfinance

Data for stocks (historic, intraday, fundamental), FX, crypto, and options. Uses Yahoo Finance so any data available through Yahoo is available through

pandas-datareader

pandas-datareader used to be part of the pandas project. Now an independent project. Includes data for stocks, FX, economic indicators, Fama-French factors, and many

IBApi

The official API for Interactive Brokers provides access to all the data available through IB. Replaces

Alpha Vantage

Alpha Vantage delivers a free API for real-time financial data and most used finance indicators in a simple JSON or CSV

Learn for Free.

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2. CSS ➩ https://t.co/MCQl9wASvZ
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7. Interview ➩ https://t.co/4F2nkAZEkL

Crack a Job.

Top 10 Netflix movies of all time:

1. The Irishman

2. Roma

3. Old Guard

4. Army of the Dead

5. Enola Holmes

100 books that will boost your life + mindset

1-12:

13-24:

25-36:

37-48:

49-60:

10 worldview changing mental models that will make you smarter:

Consensus-Contrarian Matrix

In order to produce outsized returns in any given area, you have to both bet against the convention and be right.

”You can’t take the same actions as everyone else and expect to outperform.”
—Howard Marks

Curse of Knowledge

Once we know something, we assume everyone else knows it, too.

It's why some experts can't explain their field in simple terms and people don't share knowledge that could benefit others.

Lesson: There are always people to teach and people to learn from.

Perfect Solution Fallacy

We reject something because it compares poorly to an ideal that in reality is unattainable.

We assume there is a perfect solution to every problem.

Reality is more complicated and trade-offs exist.

Take the option with the most bearable trade-offs.

Pessimism Bias

We overestimate the likelihood of negative outcomes.

Evolutionary speaking this developed as a defence mechanism and served us well.

We heard a noise in the bushes and ran.

This doesn't apply anymore: we've never lived in a safer world.

Be an optimist.

There is a powerful Free app for Traders which is much more efficient than many paid apps combined.
Read on to know -

🧵

Let's see glimpses of what this app does.

- Unusual Volume Live Scanner:
Stocks showing a sudden influx of volume are scanned here in realtime, both bullish & bearish. Great candidate for further follow up moves.

- Futures OI buildup :
Realtime info of Long & Short buildup along with short covering/ long unwinding in stocks is shown to you.
You can customize this to see data from a preferred sector too.

- Market meter :
Gives a live snapshot view of the market movers, both bullish & bearish. Very useful for intraday trend trades.

- Opportunity Finder :
You can give your range for P/E , Market Cap , YTD Returns etc. It'll not just tell the results, with extra details like - 52wk high/low, DMAs, % above avg volume etc.
A great tool to find stocks meeting your criteria.