Kirubakaran Rajendran Profile picture
Sep 23, 2020 9 tweets 4 min read Read on X
In 1983,a young talented guitarist was kicked out of his own band. Just before the band was about to sign a record deal, he was kicked out. No warning,no discussion, they literally woke up him up one day handing him a bus ticket home. He has put in lot of effort but now ... 1/n Image
When he was about to taste the success, He is thrown out, had he missed his one and only shot? He couldn't control his tears on his way back home in the bus. By the time, bus reached his destination, he made up his mind. He decided to start his own band,
he is so determined that his new band would be so successful that his old band would forever regret their decision. He spent months focusing his band, recruiting far better musicians than his old band, wrote dozens of songs and practiced religiously. His anger fueled his ambition Image
Within a couple of years, his new band signed a record deal of their own, and year after year. Then no looking back. The guitarist name is Dave Mustaine & the new band he formed was legendry heavy-metal band #Megadeth. It went onto sell over 25 million albums and went world tour Image
Today Mustaine is considered one of most brilliant and influential musicians in the history of heavy-metal music. He went onto become a millionaire with a lot more fame and money.
Unfortunately, the band he was kicked out of was Metallica, which sold over 180 million albums worldwide. The success they achieved was much more than Dave Mustaine, even today #Metallica is considered by many to be one of the greatest rock bands of all time. Image
Because of this, in a interview in 2003, a tearful Mustaine admitted that he still consider himself a failure, because his band is still not as popular as Metallica. Despite all that he achieved, in his mind he would always be the guy who got kicked out of Metallica. Image
This is the problem with most of us, we always measure our success in relative with others. We compare our salary with others, we compare our #trading profits with others, instead of enjoying what we achieved.
Dave considered his success metric as "Be more popular than Metallica" instead of just become popular. Never do this. Do not measure your success/failure based on others.

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More from @kirubaakaran

Sep 26
One day, my 10-year-old kid asked me, "What do you really do?" He was curious, seeing me either watching Netflix or reading books most of the time, and rarely working on my laptop. "I want to understand what kind of work you do," he said.
I explained to him the basics of investing—how you invest in companies, wait for them to grow, and as they succeed, your shares increase in value, helping you build wealth over time.
Without missing a beat, he asked, "Can I invest in Roblox?" I told him, "Yes, Roblox is listed in the US markets." To make it more fun, I suggested, "Let’s create a demo account on Investopedia. You can pick 10 companies you know, and we’ll invest in them.
Read 14 tweets
Jul 31
SEBI has released a 18 pages consultation paper related to F&O Trading, more than 78 lacs traders lost close to 50k crores in FY24, this is the major reason for SEBI's action, here's the short summary what it means and how it can impact active traders,especially Option Traders🧵
Here's the proposal from SEBI regarding index derivatives.

1. Limiting the no of strikes upto 4% with regular intervals, after increase the width of the strikes interval. Say Nifty is at 25,000, 4% of underlying is 1000, Nifty strikes will be between 24000 to 26000 - 50 interval Image
At the max Index can have 50 strikes only, in the above example we have close to 40 strikes, so remaining 10 strikes can be added, 5 in put and 5 in call. So below 24000 and above 26000, strike intervals will not be in 50s, it could be in 100s or 200s or 500s.
Read 17 tweets
Jul 30
I went on a ten days family trip to Ladakh, what was suppose to be an adventure trip turned into a nightmare. If you are planning a Ladakh travel, this thread might help you in what you should expect once you land in Leh. 🧵 Image
Many people have Ladakh trip in their bucket list mainly because of the picturesque landscape, high altitude motorable passes for bike ride. But we always wanted to go there because of low light pollution that lets you do star gazing where even Milky Way is clearly visible with naked eye.Image
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Before we started our travel, we did a complete research about the places we wanted to cover. Nubra Valley, Pangong Lake, Tsomoriri lake, Lamayuru, Hanle. It’s hard to cover all these places in short span of time, you need minimum ten days to explore the landscapes of these places.
Read 15 tweets
Jul 7
1 Lac invested in this stock has become 1.5 Crores in less than one year. Upon further research found a pattern in all such stocks which made a phenomenal move within short span of time, here's the detailed report 🧵 Image
SABTNL is one such stock where stock price gained more than 20500% in less than a year. Inspite of having poor fundamentals the stock price has sky rocketed.
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Fishy part is promoters have increased their stake from 22% to 60% in just one quarter. Public holdings and DII holdings decreased during the same period. Looks like an organised pump and dump play going on. Image
Read 8 tweets
Jun 17
I have made close to 90 lacs profits in the last 267 trading days with my trading system. In the last 6 months made 50% net returns. Not even a single day I have interfered manually. I was in a dilemma, should I withdraw profits or continue to compound? I decided to …🧵 Image
I decided to withdraw profits to buy a flat. If you check all my old tweets, I would have tweeted always against buying a property. What changed my mind to buy a flat instead of compounding my capital. Let me explain that.
Trading is a tough profession, market doesn’t care how intelligent you sound, end of the day if you are not disciplined enough to follow your trading system, it kicks you out. It’s not a question of does option buying works or option selling works or Greeks works?
Read 18 tweets
May 10
Did a 10 days solo trip to Kashmir, spent just ₹800 a day by staying at Hostel, met wonderful people around the world and this was most life changing experience of my life. Kahsmir is truly a heaven on earth. Here’s how I planned my trip🧵


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The moment you arrive at Srinagar none of your other State prepaid mobile network work here. I bought a Jio Sim for 500₹ which is sufficient enough for next ten days to cover my work and to stay connected. If you have postpaid, then no problem.
Ola/Uber doesn’t have a big traction here, Jugnoo is the widely used app here. You can use that to book cab to your hotel or opt for prepaid taxi. I did not have any plans or itinerary, once I arrived at Srinagar, I booked my stay @ZostelHostel for 2 days only.
Read 23 tweets

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