Why @mystockedge premium is a must have for all swing traders and retail investors ? I call it an ATM machine. But one should know how to get money out of it.
See this powerful thread for key features. If you find them useful don't forget to support us by subscribing.
Simple and effective scans for stock identifications. No fancy engine to keep you confused. I strongly believe simple things work the best in market.
Also combo scans with multiple scan combos can identify stocks like butter.
Investment themes for your potential long term investing journey.
30 plus effective ideas covering 100 stocks.
This makes your life simple, again.
Swing Strategies for regular market participants who want active stock ideas for their regular trading need.
Again simple.
Anytime updates about key business houses in India.
Cutting edge reports
Case studies on stocks
Concal analysis
Important infograohics
Ipo notes with ratings
Keeping it simple.
Stock ideas for immediate actions.
Categorization of corporate fillings with deep insights.
And moreeeeeeeee
If you are not into it, you are not there.
Subscribe to premium today. Use BLACK33 to get this lack Friday offer.
Some people have asked me how many things you are into and how do you manage? 🧵 for my friends here.
1. Entrepreneur
a. Co-owner of Kredent Trading, one of the largest prop trading firms in Kolkata with over 150 full-time traders. Other co-owners are my amazing brothers.
1/n
b. Co-owner of Irage, one of the largest algo trading firms in India with over 50 technocrats trading using technology. Other co-owners are my amazing partners like @graizada@niteshkh and other three low profile gentlemen Rajib, Sameer, Anil.
2/n
In my 15 years plus career in markets, I have witnessed multiple regulatory changes. Some good, some bad. Stock market is one of the most regulated businesses. Reason ? It's about money, honey. If not done the right way, the entire structure could collapse as house of cards.
1/n
Every 4 to 5 years we have seen some major changes in market microstructure in India. Be it STT then removal of income tax rebate on STT,then algo trading,then additional margins on stock futures, then CTT,then introduction of currency cost, then uniform stamp duty etc.
2/n
As markets evolve the regulatory changes becomes inevitable.Infact sometimes, these regulatory changes lead to change in market behavior. It's not about retail vs. institutions.Finally everyone looses if market looses genuine liquidity.I have always moved on at every stage.
3/n
The biggest problem for a modern day entreprenuer is that the business is monthly cash flow positive and you don't feel the need of raising external capital.
Not raising external capital at early stage will delay the potential of becoming investment ready.
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Obviously there are exceptions who create money making machines and don't need external capital forever. But those are strictly exceptions.
I have learned this hard way in last 3 years. Spending too much time on product, revenue and profit can be counter productive.
2/n
My humble submission to all buddying entreprenuers,don't consider fund raising as an incident need but as the part of the product lifecycle. Here is the flow
1. Deploy your very small capital and build product prototype 2. Raise seed capital immediately to gain traction
3/n
This circular from NSE has potential to massively reduce liquidity in market as market makers who are actively giving bid and ask may find it difficult to maintain the optimal order to trade ratio.
Thread on this.
Who are Market Makers ?
These are high frequency traders (algorithms now) which are always there in the market depth to provide entry and exit to various market participants.
They are typically providing bid and ask at every depth of the market. Hence lots of orders.
There is always high order to trade ratio for these market makers as number of trades executed out of these orders are not within their control. Market is very dynamic and one has to remain with their orders to capitalize on any execution on both side.
The most simplest way of identifying stocks for your momentum swing trading. Something which has worked for me for years now and hence we have added the model in @mystockedge for individual investors.
After analyzing the financial statement (FY20) of 10 fintech companies, including mine I have come to the following conclusion about Indian fintech customers in this thread:
1. Retail Subscriptions based services has not picked up in India for serious domains like financials
2. Indian consumers love free service and won't mind if you make indirect earnings from them by pushing advertisements and third party products. 3. Difficult to charge customer for advisory as very few people would value the same, especially online
4. Cross selling is the final game, so mutual fund distributors and/or nextgen stock brokers will eventually sell high yield services like loan/global markets etc to their existing customer base.
But question remains will that truly lead to conversions ?