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ARJUN BHATIA

@ArjunB9591

14 Oct

𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗥𝘂𝗹𝗲𝘀 𝗨𝘀𝗶𝗻𝗴 𝗢𝗽𝗲𝗻 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁

1. When open interest rises during a rally, it confirms the uptrend and gives a green
light to add to long positions. It shows that more short sellers are coming into the
market.

1/n

When they bail out, their short covering is likely to push the rally higher. When open interest rises as prices fall, it shows that bottom pickers are active in the market.

2/n

It gives a green light to shorting because those bargain hunters are likely to push prices lower when they throw in the towel
If open interest rises when prices are in a trading range, it’s a bearish sign. Commercial hedgers are much more likely to sell short than speculators
3/n

Read 12 tweets

ARJUN BHATIA

@ArjunB9591

13 Oct

Learning Thread On Open Interest
From the book "The new Trading for a living"
A long thread please read and retweet if you find useful.

Open interest is the number of contracts held by buyers or owed by short sellers in
any derivative market, such as futures or options

1/n

Stock market shares are traded for as long as the company that listed them stays in business as an independent unit.

2/n

Most shares are held as long positions, with only a
small percentage of shorts. In futures and options, on the other hand, the total size of
long and short positions is always identical, due to the fact that they are contracts for
future delivery.

3/n

Read 14 tweets

ARJUN BHATIA

@ArjunB9591

11 Oct

Read Full Thread before getting fascinated about making money.
Just sharing to motivate young traders who have lost a major chunk of their capital and still have courage and enthusiasm to trade and become a consistent trader.

1/n

Yes i blew up my capital 6 times between Sep 2015- May 2017 loosing around 9 lakh rupees.
By gods grace being from a well settled and upper middle class family i always knew that i had my family business as the lender of last resort.
But I didn't stopped
2/n

May 2017- Dec 2017 around 8 months were the life changing period for me.
I wanted to give last try to markets.
I started reading books , i started watching videos.
I started going to different people asking queries about charts , indicators
3/n

Read 9 tweets

ARJUN BHATIA

@ArjunB9591

4 Oct

#learningsbyab
𝐒𝐄𝐕𝐄𝐍 𝐆𝐎𝐋𝐃𝐄𝐍 𝐑𝐔𝐋𝐄𝐒 𝐓𝐇𝐀𝐓 𝐘𝐎𝐔 𝐌𝐔𝐒𝐓 𝐅𝐎𝐋𝐋𝐎𝐖 𝐓𝐎 𝐆𝐑𝐎𝐖 𝐅𝐑𝐎𝐌 𝐀 𝐖𝐈𝐋𝐃 𝐀𝐌𝐀𝐓𝐄𝐔𝐑 𝐓𝐑𝐀𝐃𝐄𝐑 𝐈𝐍𝐓𝐎 𝐀 𝐂𝐀𝐋𝐌 𝐏𝐑𝐎𝐅𝐄𝐒𝐒𝐈𝐎𝐍𝐀𝐋 𝐓𝐑𝐀𝐃𝐄𝐑
1/n

Rule no 1.

Decide that you are in the market for the long haul--that is, you want to be a trader even 20 years from now.

2/n

Rule no 2.

Learn as much as you can. Read and listen to experts, but keep a degree of healthy scepticism about everything. Ask questions, and do not accept experts at their word.

3/n

Read 10 tweets

ARJUN BHATIA

@ArjunB9591

4 Oct

𝗪𝗛𝗔𝗧 𝗜𝗦 𝗣𝗥𝗜𝗖𝗘 ?
Traders can be divided into 3 groups: buyers , sellers and undecided. Buyers want to pay as little as possible, and sellers want to charge as much as possible. Their permanent conflict is reflected in bid-ask spreads
1/n

ASK is what a seller asks for his merchandise.
BID is what a buyer offers for that merchandise.
A buyer has a choice: to wait until price comes down or pay what sellers demand. A seller has similar choice: wait untill price rise or accept a lower offer for his merchandise.
2/n

A trade occurs when there is a momentary meeting of two minds: an eager bull agrees to a seller's terms and pays up, or an eager bear agrees to a buyer's terms and sells a little cheaper.
3/n

Read 6 tweets

ARJUN BHATIA

@ArjunB9591

19 Sep

Answer both the questions thread read my answer too.
Read Full Thread
Q1. How many active sources of income do you have ?
Q2. How many days/months/years can you survive on your savings (if any) if all your income sources stops !

Q3. Are you confident enough currently to take trading as a full time career and not looking back any day from today ?
Q4. What second best alternative do you consider as doing if you quit trading someday ?

My Answers

Answer1 . I have 5 souces of income(Rental , insurance brokerage , trading , family business of travel agency and real estate investments)

Answer 2. I can survive for atleast a decade if all of my sources of income stops today.

Read 5 tweets

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