Sourabh Sisodiya,CFA Profile picture
Nov 28, 2021 12 tweets 5 min read Read on X
Thread🧵 : Stock Market Resources

Few DM’s on how to get started in the stock market. So creating a detailed thread on some resources/books that have helped me

1) zerodha.com/varsity/

One can start with @ZerodhaVarsity
The content is really good & explained in detail.
2) Position Sizing & Risk Management

Van Tharp Guide to Position Sizing

An amazing book that explains importance of risk management in a simple manner.

One of the best books I have read on risk management

P.S : It costs around 200 $.. I’ll make a detailed summary on this soon
3) Trading Pyschology

Trading in the zone
The Disciplined Trader
The Market Wizards

3 best books that explains why discipline & trading psychology is the important aspect in trading
4) System Building & Backtesting

Trading Systems by Emilio Tomasini

A good book on how to build a trading system & things to consider while backtesting a trading system

A must read if you want to get started with system driven trading & how to build backtested systems
5)Price Action Trading

tradingwithrayner.com

Good insights on basic price action & trend following
6) Intraday Trading

a) How to make money in intraday trading by @AshwaniGujral6

A great book on intraday trading & good perspective on how to analyse & trade intraday patterns
6 b ) Intraday

Secrets of Pivot Boss by Frank Ochoa

A great book on understanding intraday price patterns & how to get an overall sense of markets

Must read if you want to become great at intraday trading📈
7) Option Trading

The Bible of Option Strategies by Guy Cohen

A good book that cover various option strategies that can be implemented in different market conditions & also discusses pro & cons of each
8) Python

udemy.com/course/algorit…

A udemy course on Python for Trading. A good starting point to learn how python can be applied on financial data sets
9) Quantitative Resources

epchan.blogspot.com/?m=1

Dr. E.P Chan’s Blog where he talks about quantitative strategies and trading ideas

quantstart.com

QuantStart discusses Algorithmic Trading strategy research, development, backtesting and implementation
10) Fundamentals

drvijaymalik.com

Great blog on fundamental trading with extensive deep research on various companies. A must read if you are a fundamental investor

@drvijaymalik is undoubtedly one of the best fundamental investor in India.
A big fan of his analysis !
11) The above resources have helped me immensely & may help you as well!

I hope you the find the resources insightful & useful !

Happy Learning :)

-End

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Sourabh Sisodiya,CFA

Sourabh Sisodiya,CFA Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sourabhsiso19

Nov 4, 2024
How to build a Trading Multi Monitor Setup with specifications

A detailed thread🧵 Image
1)Monitors :

Dell 27 inch 2721HN

BenQ 27 inch GW2780

Vertical Monitor Dell P2722H

We are using 10 monitors & 1 vertical monitor with 1080 p resolution

Purpose of the monitors is to help scan multiple charts,momentum stocks, news and give a bird eye view of the market. Image
2) Mother Board:

Aorus Elite z690

The motherboard is the backbone that ties the computer's components together at one spot and allows them to talk to each other.

This allows GPU,processor, RAM and other hardware component to interact seamlessly Image
Read 13 tweets
Oct 30, 2024
Thread: How Drawdowns Make You a Better Trader 🧵 Image
1) “A smooth sea never made a skilled sailor.”

Just like a calm sea never makes a skilled sailor, easy and steady markets won’t make you a great trader! Image
2) Reason for this thread:

No one talks about drawdowns, but they are part of every trader's journey. Always manage risk, follow your systems, and don't fear losses. No system is profitable all the time. Image
Read 11 tweets
Oct 23, 2024
How to catch market reversals using market breadth

A detailed thread🧵 Image
Market breadth looks at the relative change of advancing to declining securities in a market.

It is a technical analysis technique that gauges the strength or weakness of the the market
2) Whenever market breadth is at extreme negative it generally indicates short term reversal

But question is how to know what is extreme negative market breadth ?

Lets find out Image
Read 10 tweets
Oct 9, 2024
This one thing literally changed my trading

A thread🧵 Image
1) The real breakthrough in my trading didn’t come from picking better stocks or reading charts more accurately.

It came when I mastered the art of cutting losses fast. Image
2) Ed Seykota says

The elements of good trading are:
1)cutting losses.
2)cutting losses &
3) cutting losses.

If you can follow these three rules, you may have a chance. Image
Read 14 tweets
Sep 21, 2024
A Brutal Day in the History of Sensex 0 DTE😳

Option selling is getting tougher by the day.

No matter where you set your stop loss, it feels like it's destined to get hit. And if you don’t set one? You could blow up your account in minutes.

Let’s dive into what happened on September 20, 2024 and ways to survive such days(Thread)Image
1) Sensex opened at 83,611 and dropped 400 points in just 20 minutes!

But that was just the beginning.
The market then staged an incredible rally, surging over 1,300 points from the day's low to hit a high of 84,515 and again fell 1200 points to 83300 and again rallied to 84600

Crazy Volatility🎢Image
2) During this upmove, 84,000 CE option exploded from 36 to around 700
A 20x move in a single day!

But this was just the beginning😱 Image
Read 9 tweets
May 6, 2022
Thread : Days to Remember🧵

1) I saw few tweets saying that this is the most difficult market ever.

As a trader, we have signed up for these risks & All we can do is be prepared & manage them

Lets have a look at days when markets action was crazier than current times !
2) 18th may 2009

Markets opened at 9:55 AM as this was the market opening time at that time
Nifty immediately hit an 20 % upper circuit at 10.01 am and the markets froze.
So markets were open only for 6 minutes.

3) 24th Aug 2015 (Vega Risk)

On 24th August 2015, the Indian markets declined close to 5.92%.

Nifty around 490 points but something unusual happened on that day.

Far otm Call options shot up inspite of such a huge fall😲

Vix shot up 64%.
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(