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11 Oct, 5 tweets, 3 min read
Such a beautiful day it turned out to be :)

Will be carrying overnight, aggressive long positions in both #Nifty and #Banknifty futures and buy atm calls

One can sell put spread for both indices if view matches that it will gap up tomorrow (conservative trade)
BC nazar hi lag gayi 😅😅😅

I am still long, view remains intact till tomorrow open
Exited Call option at cost, and now sold Put spread, long futures are for longer TF, so will wait with that

Today expecting real action in individual stocks like #tatamotors, #indhotels #APLLTD
View super bullish for overnight for both #nifty and #banknifty

Apart from future long and put spread sold

Also. Buying atm call spread

Follow my telegram for instant updates on trades

कल हवा मे खुलेगा, इंशा अल्लाह

telegram.me/CTIntraday
As #nifty and #banknifty opened in air, gap up

I am running with all the positions of

Long futures,
sold Put spread,
bought call spread yesterday

Expecting sharp up-move from here.

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More from @AnandableAnand

Conservative Trader Profile picture
12 Oct
#tatapower

a thread

If you are seeing the raging bull market for the first time, then first thing you need to understand is, who you are

If you are holding #tatapower or any power stocks or commodity stocks in your long term portfolio then you are playing MOMENTUM

+
For any time frame, momentum investing, a stop-loss is a must,

you cant become a Buffett bhatija and later on become Buy-hold investor when such stock start going down
Power and utility companies all over world, cant expand their operations and topline as fast as a bank or an ecom company like Amazon or FB

They cant leverage their balance sheet beyond a point because of the law,

Most of their sale is through long term PPA (20-25 yrs)
Read 9 tweets
Conservative Trader Profile picture
10 Oct
Even best of the seasoned traders crack under pressure

1. They start doubting their strategies and even trading as a profession

2. They are tempted to tweak their system or approach

3. They think market has changed forever

+
4. They do stupid mistakes while knowing fully well how stupid it is

They have many months of ever increasing Drawdown

So if it happens with you

You are not alone or incompetent
Forgive yourself, stop blaming your self and bounce back quickly by

Being patient with Drawdown

Its part of a trader's life, no one has ever escaped it

Its too naive to think trading account as fixed deposit where it will grow every month

Stop comparing with others as their
Read 7 tweets
Conservative Trader Profile picture
9 Oct
Gratitude

A thread ;)

My mother cooks delicious food, just like everyone's mom

(Taste being a learned behavior)

+
So. Once when I was small kid, came back from hostel and late at night

I asked my mom to cook my favorite chilli paneer and fried rice among many things

She prepared it all and it was almost mid night and I was the only one there to eat food,

Like a hungry bear, I ate it all
And didn't say a word, was going to sleep,

My mom meekly asked me how was the food and if I liked it

I said it was "ok"

My mom gave me a lecture which I never forgot in life

She told me, whenever someone does something for u, never take it for granted, a little praise
Read 9 tweets
Conservative Trader Profile picture
9 Oct
Most people have their 80-90% net worth tied up in real estate/gold or in their job

but they are overly worried about stock market

Because trading/investing addresses universal human instinct of gambling

identify and address that

Its a two part problem

+
Part 1:

If u are overly worried about a tiny part of your net worth, open positions or losses, its because of ego and gambling instincts,

you dont want to come out as a loser in any endeavour,
Thats why many losers pray and promise that once they recover the losses they will quit trading

A constant verbal and written reminder and talking to someone close to u like parents/spouses about it is the only way out
Read 6 tweets
Conservative Trader Profile picture
9 Oct
Festival Special #brotip

If you like a girl in your classroom/office/dandiya/ganpati

go talk to her

Literally, she is waiting for you to talk to her.

And take her phone number in the first meeting itself,

there might not be a second meeting without a phone number

+
A beautiful girl, well dressed, is not waiting for the most handsome guy,

She is waiting for just average decent guy who can make a great conversation, and she knows that she has to talk to u to know if u are decent and/or can make a good conversation

+
so its all about breaking the ice, starting a conversation and not abt you being handsome and staring at her from a distance and secretly praying that she will come and talk to u ;)
Read 4 tweets
Conservative Trader Profile picture
22 Sep
Managing long term portfolio

With very little efforts you can beat any mutual fund while being buy only long term investors,

First, why many mutual funds underperform the index on a long term average

1. they have to keep cash for redemptions, which gives little returns

+
2. They have to pay overheads like salaries, office expenses, sales and marketing expenses which is around 5-6% of the AUM they handle

smaller the MF, higher will be such % but bigger MFs have different problem
3. When market falls rapidly, like march 2020, they see huge redemptions as everyone wants to be out before others

So literally they are forced to sell their long term holdings because of short term market shake outs
Read 23 tweets

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