Bearish wave 3/c down setup on #HdfcTwins for short term

Negation level 1333.30 and 2218.

#Fibonacci
#Nifty

I realized yday that nobody in my pretty large circle knows how fib levels are calculated on log scale. So here goes:

1. Take the highest high (HH) & the lowest low (LL) of the range
2. Next, take the natural log (ln function in excel) of the ratio HH/LL.

3. So, you now have the log returns, really the best way to measure them. Call it R.
4. Now take the difference between the natural log of HH and the fib ratio multiplied by the log returns
5. Say, ln(HH) - (0.382*R). Call it A
6. Finally, take exp(A)

That will be the level which corresponds to the 38.2% fib of the range between the HH and the LL on a log scale basis.

Big shout to to Dr Strange aka @shetty_ashish for this.

Reminder that we are still on course for the 20 year high monthly close on #CrudeOil

That means we may still be on course for higher inflation, nothing much has changed yet besides stock prices.

check these links. These are few. many other ones are there

https://t.co/pvpL7Nlw0D
https://t.co/azWOUxcaQw
https://t.co/Z2INuHqfSs
https://t.co/b3y1tCyOuW

15 Powerful Lessons From The Book "The Evolution of Desire"

- Psychology Thread -

Monogamy is probably enforced because society is mostly comprised of beta males.

Women marry believing that their husbands will change.

Men marry believing that their wives will not change. They are both wrong.

How do we assess our mate value? Well, one way is you get out there in the meeting pool and see who's interested. If there are a lot of eights, nines and tens who are very eager to mate with you, then that reveals something about your current mate value.

men tend to prefer women younger than themselves and, as they grow older, their preferred age gap increases

It’s not 33 crore it’s 33 koti devta

33 Crore Gods’ is a completely misinterpreted fact due to wrong translation of Vedic Sanskrit by certain foreign 'scholars'.
The term ‘trayastrimsati koti’ mentioned in Atharva Veda, Yajur Veda, and Satapatha-brahmana, is rightly translated

as 33 Gods.

The number 33 comes from the number of Vedic gods explained by Yajnavalkya in Brhadaranyaka Upanishad – the eight Vasus, the eleven Rudras, the twelve Adityas, Indra and Prajapati. (Chapter I, hymn 9, verse 2).
According to Vedas there are 33 Gods/Devas.

These Gods are separated in the following pattern : 12 + 11 + 8 + 2.

12 is the number of Adityas, 11 are the number of Rudras, 8 is the number of Vasus, 1 is Prajapati, the Master of Gods, and 1 is the Supreme Ruler who is very powerful.
Names of all 33 Vedic deities:

12 Adityas (personified deities) correspond to the 12 Solar months and represent different attributes of social life. The Vedic sages especially venerated the Adityas and Vedas are full of hymns dedicated to Indra, Agni, Surya, Varun and the like. These are:

1. Indra/Shakra (eldest and the undoubted leader of other Adityas)
2. Ansh (due share),
3. Aryaman (nobility),
4. Bhaag (due inheritance),
5. Dhatri (ritual skill),
6. Tvashtar (skill in crafting),
7. Mitra (friendship),
8. Pushan/Ravi (prosperity),
9. Savitra/Parjanya

Missing from the 'great replacement' argument is the simple fact that population churn is one of the leading factors for creating a broken, consumption addicted population.

People live normal, well rounded lives when they belong to a healthy functional extended family and community. Children instinctually get a healthy identity, and people feel a purpose and reason for existing.

When this balance is upset, people withdraw to comfort: watching tv, streaming, consuming. They lose contact with the outside world in a physical, social and spiritual sense.

Parents who spend 18 years diligently shielding their kids from the rotten broader culture won't even blink about sending those kids off to a far away university. Those kids will be removed from a source of strength at just about the worst possible time.

The loss of a rooted nature begets a whole host of broken social afflictions. Kids and young people look for a reason for existence, or identity, usually leading to listless and broken people online. Groomers have an ample supply of lost wandering kids.

🧵👇 A compilation of why I believe Do Kwon is, at some level, personally responsible for the UST machine and owes something to people who lost millions in savings.

Not all the blame falls on him but these factors should be factored in ethically, morally, and legally. 🧵👇

1. Basis Cash

Basis Cash was an algorithmic stablecoin very similar to UST that failed due to the death spiral problem. In interviews, Do spoke about Basis Cash as if it was someone else's project. Disclosure to investors that your team's model has collapsed once before matters.

2. Intimate knowledge of the mechanics

"Do Kwon understood exactly why what he built would someday collapse. And then misled people into financial ruin." - @scott_lew_is

Dazzling displays of confidence in a system he knew to be fatally flawed led the layman astray.

3. Speed of personal cashouts

Throughout the last few months, Do cashed out hundreds of millions for "TFL operating expenses". Much of this went to his personal coffer. He encouraged Degenbox to bolster liquidity for the purpose of getting hard cash from LUNA and a little UST.

4. A stabilizing destabilizing BTC reserve

Do made the non-malicious but gravely incompetent move to pull out 3 billion dollars from the LUNA/UST machine into hard money all at once. This reduced liquidity and likely exacerbated the domino effect when everything toppled down.

All important Options Selling Strategies..
A thread🧵:

Simple Directional Call Sell

View: Neutral to bearish
Limited Profit, unlimited risk.
High Probability of profit.
High Margin required.

Simple Directional Put Sell

View: Neutral to Bullish
Limited Profit, unlimited risk.
High Probability of profit.
High Margin required.

Call Credit Spread

View: Neutral to bearish
Limited Profit, Limited risk.
High Probability of profit.
Low Margin required.

Put Credit Spread

View: Neutral to Bullish
Limited Profit, Limited risk.
High Probability of profit.
Low Margin required.

Knowledge sharing initiative Book 1 : "Mastering the market cycle" by @HowardMarksBook

This incredible book focuses on understanding why periods of recessions & growth occur frequently wearing lenses of all mkt participants-the economists, the investors & the regulators.

(1/n)

The book tries to explain the human tendency of extrapolating the recent past and the imbalance in defining risk at the time of bear & bull markets. It is this tendency that drives booms & busts.

Here are the Important learnings from the book: 👇

(2/n)

1. Every Asset class goes through a cycle - Up & Down this book teaches why such Up & down occur how to spot them & how investors can improve their returns.

(3/n)

2. Its extremely difficult to forecast Macroeconomic variables like interest rate, inflation, GDP etc there's a reason even Central bankers & Presidents of the country fail consistently at the same

(4/n)

3. In down cycle as prices fall odds are in favor of investors & hence we should invest more & Vice Versa
4. Experienced investors–like everyone else–don’t know exactly what the future holds but they do have an above-average understanding of future tendencies & probabilities(5/n)

As part of our Knowledge sharing initiative by @FinnacleAcademy and @Investmentbook1, here we are on our post 2 with some of the most important key takeaways of the book “Masterclass with super investors” by @vishalmittal22 & @basrars

Here we go! (1/n)

Masterclass with super investors is one of the best books covering the investment strategies & journey of renowned domestic investors. Our summary has been segregated in 2 parts, A) Common traits in investment ideologies of these stalwarts B) Investor specific key takeaways (2/n)

A)Let's look at a few common points in these Stalwarts' investment ideologies 1)Invest (higher % of portfolio) when you have conviction backed by sound logic 2)You need to be bullish on India to make investments in Indian cos. bcoz majority of Indian cos. are domestically focused

3. New Bull markets have new leaders when a bull markets ends the stocks which have gained the most falls the most 4. The entry price that you pay for a company should be very cheap so that even if your assumptions go wrong in future you don't end up losing money (4/n)

5. We get attached to stocks which have given us a lot of returns in past even though in current & future expected scenarios they seem overvalued 6. Focus on art of disciplined selling-it's imp. to have a sound selling mechanism just buying at right price wont create wealth.(5/n)

Intraday Technical Analysis

Mini Course 🧵🧵 (Free)

How to Enter Long and Short Trade

Explained with 30+ Charts

Kindly Re-Tweet and Like for Max Reach 🙏

Index

1) Importance of Trend
2) Time Frame Importance
3) Bullish Day Signals
- Candles, VWAP, EMA, Patterns, Resistance BO
4) Bearish Day Signals - In Next Thread Soon
5) Reversal Day Signals - In PDF Only
6) Psychology - In PDF Only

Imp - Explanation in Charts Only

Importance of Trend

"Trend is our Friend except at the end when it bends"

Trend Following importance explained in 4 charts -

Going against the trend stands very less chance of success as explained in this chart that cover 5 days of uptrend -

Time Frame importance -

1) 3 min - For Execution
( indicators provide early signals and less reliable)
2) 15 min - to look at trend of week, Support and Resistance of last 4-5 days
3) Daily - to check current trend and Short Term S-R (More reliability)

Charts -

Bullish Day Trading Signals

1) First Big Green Candle

First candle is always a good signal and trend setter for the day. Trading in direction of that candle have more success chances

E.g Reliance Big candle on 9 March, Entry with SL below first candle

Success Rate > 60%

Pullbacks buying strategy after a breakout with example

• 1st pullback is a great buy.
• 2nd pullback is still fine
• 3rd pullback should be avoided.
• 4th pullback never buy it.
#Tradingtips
Like and retweet

A 17 point summary on my 2000+ days as a trader:

Wont take more than 10 minutes ! 🧵

1. Market cycles
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it you’ll be way ahead of the curve.

2. History rhymes
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.

3. Time > Timing
Many people say that timing the mkt is very essential but according to me the more time you spend the more you get to know about mkt that jo course will teach you.

4. Survival
If you manage to survive for the next 3650 days in the market - trust me for the fact that you will definitely be a part of one commodity one bull and bear mkt. Its more valuable than any 1L INR course.

You could pay $100,000+ for a college degree OR...

You could use the internet to get a top-tier college-level education for free.

Here are 20 FREE online learning platforms:

1/

Coursera (@coursera)

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2/

Udemy (@udemy)

Udemy has 100,000+ courses in 50 languages. Unlike other online education platforms driven by content from colleges and universities, Udemy allows content creators to curate their own courses and teach them

3/

Codeacademy (@Codecademy)

Codeacademy teaches you how to code in multiple programming languages. They have trained 45+ million people in topics such as web development, programming, computer science, and data

4/

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Stanford Online offers free online courses, professional certificates, advanced degrees, and executive education. The courses are from Stanford Law School, Stanford Business School, and Stanford Medical

10 tips that will make you a writing machine with thousands of raving fans

- thread -

1. Write loose first.

Most of us quiver in our socks because we’re trying to write like freaking Hemingway off the bat.

Lol. Stop it.

Why are you trying to run up the steepest part of Everest while I’m over here taking cat steps up this little hill?

Make it easy and write total nonsense for a while.

Write like no one’s watching. Get loose.

You can always cut and edit.

Now you have a flow going, which will lead to good, great and masterful.

2. Write as therapy.

Just as you might set aside time to meditate, run, make art or do yoga each day, you can treat writing as a form of catharsis.

If we view writing as a ‘dull chore,’ guess how that will influence your vibe?

Kumari Kandam: The Lost Continent

Narrative of Atlantis, the legendary sunken metropolis detailed by the ancient Greek philosopher Plato, is well-known. The debate over whether this story should be regarded literally or simply as a morality tale continues to this day.

#Thread

A similar story exists further east in India's subcontinent, albeit it is perhaps less well known than Atlantis'. This is the 'lost continent' of Lemuria, which Tamil speakers commonly associate with the legend of Kumari Kandam.

Lemuria was coined in the later half of the nineteenth century. The existence of lemur fossils in Madagascar and India but not in continental Africa or the Middle East perplexed English geologist Philip Sclater.

Sclater argued that Madagascar and India were formerly part of a bigger continent in his 1864 article 'The Mammals of Madagascar,' and termed this lost landmass 'Lemuria.'

The scientific world of the time accepted Sclater's theory as the explanation for how lemurs could have moved from Madagascar to India or vice versa in ancient times.