๐—ช๐—ต๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฏ๐—ถ๐—ด ๐—บ๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€? โญ•๏ธ

๐“๐‡๐‘๐„๐€๐ƒ ๐Ÿงต

#stocks #stockmarkets #tradingpsychology
1/ One of the most important aspect of making it big as a trader is to learn the art of 'betting big'. Virtually every single superstar trader/investor we have heard of has at some point of time in their careers bet big on their best ideas.
2/ What do George Soros, William O'Neil, Warren Buffett, Paul Tudor Jones, Jesse Livermore, Bruce Kovner, and @markminervini have in common? They all knew and practiced the art of the big bet. They are/were masters of the big bet-in respect to betting big on their best ideas.
3/ Having said that learning how to size your big bets properly and learning how to trade cautiously and conservatively when big bets arenโ€™t favorable (which is most of the time) is crucial.
4/ Winners know how to bet big.
Now, when I started trading I learnt a conventional wisdom that '๐˜ต๐˜ข๐˜ฌ๐˜ฆ ๐˜ค๐˜ข๐˜ณ๐˜ฆ ๐˜ฐ๐˜ง ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ญ๐˜ฐ๐˜ด๐˜ด๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ง๐˜ช๐˜ต๐˜ด ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ต๐˜ข๐˜ฌ๐˜ฆ ๐˜ค๐˜ข๐˜ณ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ๐˜ฎ๐˜ด๐˜ฆ๐˜ญ๐˜ท๐˜ฆ๐˜ด'.
But soon I realized that its completely bogus!
5/ If you fail to aggressively maximize on your best opportunities, you wonโ€™t be able to make exponential returns.
You'll always be told to bet 5% of your equity in a single stock, or something of that kind because conventional wisdom teaches us so.
6/ But, leaning how to bet big and manage that risk is what makes good traders great.
From a personal perspective, I am now leaning how to manage the risk when you bet big and this has completely changed how I trade.
7/ The next step for me is to find a strong stock which is a market leader and bet maybe 100% of my equity in that (who knows).
I know this sounds dangerous and doesn't make sense, but there is a reason why only a small percentage of traders get rich.

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More from @sarosijghosh

17 Nov
๐๐ˆ๐‘๐‹๐€๐’๐Ž๐…๐“ - ๐€ ๐‚๐š๐ฌ๐ž ๐’๐ญ๐ฎ๐๐ฒ
(How I took the trade in #BIRLASOFT, and how I'll be managing the trade now)

~A THREAD ๐Ÿงต~

๐˜‹๐˜ช๐˜ด๐˜ค๐˜ญ๐˜ข๐˜ช๐˜ฎ๐˜ฆ๐˜ณ: ๐˜ ๐˜ข๐˜ฎ ๐˜ฏ๐˜ฐ๐˜ต ๐—ฆ๐—˜๐—•๐—œ ๐˜ณ๐˜ฆ๐˜จ๐˜ช๐˜ด๐˜ต๐˜ฆ๐˜ณ๐˜ฆ๐˜ฅ.

#stocks #StocksToTrade #BREAKOUTSTOCKS #StockMarketindia
1/ Price was stuck in a range for a long time after a good advance. Now, when I saw the chart for the first time I thought that maybe distribution was going on, in the overall context of the trend.
But, upon closer look I found something interesting. Image
2/ Look at the price and volume relationship, whenever price was heading higher, volumes were mostly above average.
Now, I was beginning to think that maybe it was not a distribution phase, but re-accumulation. Image
Read 6 tweets
13 Nov
๐—›๐—ข๐—ช ๐—ง๐—ข ๐— ๐—”๐—œ๐—ก๐—ง๐—”๐—œ๐—ก ๐—” ๐—ง๐—ฅ๐—”๐——๐—œ๐—ก๐—š ๐—๐—ข๐—จ๐—ฅ๐—ก๐—”๐—Ÿ ๐Ÿ“–๐Ÿ“’

~๐™ฐ ๐šƒ๐™ท๐š๐™ด๐™ฐ๐™ณ ๐Ÿงต~

โ™ฅ๏ธ & ๐š๐šŽ๐šƒ๐š ๐šŽ๐šŽ๐š ๐š๐š‘๐š’๐šœ ๐š๐š ๐šŽ๐šŽ๐š ๐š๐š˜๐š› ๐š–๐š˜๐š›๐šŽ ๐š›๐šŽ๐šŠ๐šŒ๐š‘

@ProdigalTrader @SouravSenguptaI @PAlearner @Puretechnicals9 @caniravkaria @JayneshKasliwal
1/ A trading journal is a log of all your trading activities.
Now this begs the question, why journal your trades?
โœ…A journal helps you to monitor both the performance of your trading system and your ability to execute it with consistency.
2/ When kept right, your trading journal becomes an invaluable reference manual that can help you recall both what youโ€™ve done right and what youโ€™ve done wrong in the past, thus keeping you on the right track moving forward and preventing the same mistakes again in the future.
Read 12 tweets
24 Oct
๐ƒ๐ˆ๐†๐†๐ˆ๐๐† ๐ƒ๐„๐„๐๐„๐‘ ๐ˆ๐๐“๐Ž ๐ƒ๐Ž๐– ๐“๐‡๐„๐Ž๐‘๐˜ - ๐€ ๐ ๐ฎ๐ข๐๐ž ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐›๐ž๐ญ๐ญ๐ž๐ซ!๐Ÿ“Š

A THREAD ๐Ÿงต

Please RT this tweet for more reach ๐Ÿคž

@ProdigalTrader @SouravSenguptaI @PAlearner @Puretechnicals9 @AnandableAnand @AdityaTodmal
1/
Dow Theory was introduced to the world by Charles H. Dow, who also founded the Dow-Jones financial news service (Wall Street Journal).
The Dow Theory forms an important part of technical analysis.
2/
The principles of Dow Theory help traders understand the market better and identify price and volume movements accurately. The Dow Theory primarily helps traders identify market trends with great accuracy, so they can take advantage of potential price action points.
Read 15 tweets
24 Sep
๐—ง๐—ฅ๐—”๐——๐—œ๐—ก๐—š ๐—–๐—”๐—ก๐——๐—Ÿ๐—˜๐—ฆ๐—ง๐—œ๐—–๐—ž ๐—ฃ๐—”๐—ง๐—ง๐—˜๐—ฅ๐—ก๐—ฆ !๐Ÿ“Š

~๐™ฐ ๐šƒ๐š‘๐š›๐šŽ๐šŠ๐š~๐Ÿงต

๐™ฟ๐š•๐šŽ๐šŠ๐šœ๐šŽ ๐š๐šŽ-๐šƒ๐š ๐šŽ๐šŽ๐š ๐š๐š‘๐š’๐šœ ๐š๐š ๐šŽ๐šŽ๐š ๐š๐š˜๐š› ๐š–๐š˜๐š›๐šŽ ๐š›๐šŽ๐šŠ๐šŒ๐š‘ ๐Ÿคž

@ProdigalTrader @SouravSenguptaI @PAlearner @Puretechnicals9 @caniravkaria @MrigankPuri @nison_steve @chartmojo
(1/18) In this thread, l'll try and talk about candlestick patterns, what they are, how they work, and why you donโ€™t need to memorize any particular pattern to gauge the supply and demand of market.
(2/18) Itโ€™s said that Japanese candlestick patterns originated from a Japanese rice trader called ๐˜”๐˜ถ๐˜ฏ๐˜ฆ๐˜ฉ๐˜ช๐˜ด๐˜ข ๐˜๐˜ฐ๐˜ฏ๐˜ฎ๐˜ข during the 1700s. Later, this concept was introduced to the Western world by Steve Nison, in his book, 'Japanese Candlestick Charting Techniques'.
Read 19 tweets
18 Sep
๐— ๐˜‚๐—น๐˜๐—ถ๐—ฝ๐—น๐—ฒ ๐˜€๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ ๐˜„๐—ฎ๐˜๐—ฐ๐—ต๐—น๐—ถ๐˜€๐˜ ๐—ผ๐—ป ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—™๐—ฅ๐—˜๐—˜ ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ผ๐—ป!

A THREAD ๐Ÿงต

Please Like and Re-Tweet. It took a lot of effort to put this together.

#StockMarket #TradingView #trading #watchlist #Nifty500 #stockstowatch
STEP 1: Download the #TradingView application on your mobile phone, and login into your account. One thing to note is that the web version doesn't let you add multiple watchlists, but the mobile version does. Image
STEP 2: Open #TradingView on your mobile and add all the watchlists that I'll provide you with.
I have attached a sample video on how you can add different #watchlist with the mobile app.
Read 5 tweets
15 Aug
List of stocks where you can find good short-term and medium-term trading opportunities ๐Ÿ“Š

Please Retweet if you find this helpful, so that more people can benefit from this.

Disclaimer: Stocks shared here are not buy or sell recommendation.

#StocksInFocus #watchlist #nifty50
(1) Shriram City Union Finance Limited
(2) Max Ventures and Industries Limited
Read 12 tweets

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