What’s your main source of learning with respect to Trading/Investing? Here’s the three resources which I used the most to gain great insights.
1. Podcast - bettersystemtrader.com There are more than 200 episodes of Interviews from TOP traders around the world. And there is one more channel called Chat with Traders. The kind of insights you get from these traders is enormous which you wouldn’t find else where.
2. Tons of research articles are published by top researchers here related to quantitative trading and investing ssrn.com/index.cfm/en/ I spend lot of my time on this site reading about multiple journals.
3. Books. Books. Books. I just love reading it. From How I Made $2 Million Dollars to The Man who solved the Markets, read many books. I was able to learn so many things from each and every book.
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When you are designing a trading/investing strategy, here’s a list of things you need to keep in mind. A short thread🧵
1. Returns expectation - You need to set a realistic return expectations. Making 100% 200% year on year is not possible at all. Do not get fooled by MTM screenshots, do not just go by absolute numbers The average returns of the prominent traders/Investors are just 20% to 30%
2. Know what you don’t know - In Mahabharata, Duryodhana won the bet because he knows that he didn’t know how to gamble. So he used his uncle to play the game. Whereas Dharma lost the bet because he didn’t know how to play the game. This is so true with respect to trading as well
Whenever #Nifty & #BankNifty closes less than -1% on Fridays, what happens on Monday and what happens on next 30 days. Interesting analysis, will be sharing the details shortly.
Only 7 times in last 11 years, #IndiaVix moved more than 15% on Fridays and only 2 times Vix dropped on following Monday, rest all the time Vix increased on Monday as well.
After Friday’s Vix big move, What happens after 30 days, all 7 times the Vix went up much higher in next 30 days. So this Friday’s fall could be start of the next big volatile sessions in the coming weeks
The top 10 stocks in #Nifty50 contributes more than 55% weight-age, the remaining 45% comes from other 40 stocks. This weight-age changes yearly twice based on stock performance. What if I choose to do SIP of Rs.10,000 every month only with Top 1 stock from this list?
I downloaded last 13 years historical Nifty50 constituents from niftyindices.com and grabbed the top stock based on weight-age. Allocated Rs.10,000 every month into that stock.
Used @ValueResearch portal to upload the transaction to compute the final results inclusive of Bonus, Splits, Dividends etc. In last 13 years, these 5 stocks #HDFCBANK#ICICIBANK#ITC#RELIANCE & #INFY had the highest weight-age at different periods.
What is Rakesh Jhunjhunwala's Investing Strategy, is there a way where we retail investors can follow his strategy and generate similar returns like him? We did an extensive research and this is what we found. A short thread
We all know that Rakesh Jhunjhunwala made headlines recently with his ZEE stock purchase, where he made 67 crores profits in just 6 days. Even though many claims it’s an insider trading, he might have known about the ZEE Sony merger news beforehand.
As per bulk deal report from NSE, he bought the stock on 14th Sep 2021 at Rs.220 and on that day ZEE stock closed at Rs.260 and retail traders still got the time to invest in ZEE stock, from Rs.260 the stock went up to Rs.330 in next one week, that’s almost 27% returns.
I have worked with Infosys and other IT companies for 10 years, let me explain why the mess up with tax portal happened and how #TCS attacked #Infosys indirectly through this ₹4200 crore IT portal project in this 🧵
When it comes to handling government projects TCS is the real king, not only in India they run government projects for many countries, TCS have decades of experience and expertise in handling various govt projects successfully.
TCS handles major project like Passport Seva Kendra, India Post and IRCTC. We all know how flawless these portals are. Infosys won the Tax project through a bidding process. The Income Tax portal was previously run by TCS. Once TCS lost its project to Infy, problem started.
Most beginners when building a trading strategy simply use current info and test with it, they don't know How to Get Historical Stock Futures lot size, list of stocks that are part of index like Nifty 50, Nifty 500 historically, I will share all such info in this thread
Please note that there is no way to get the historical lot size of stocks futures, NSE don't publish it directly, so we need to do some calculated steps to get that data. Download Market Activity report www1.nseindia.com/products/conte…
The zip file contains multiple files, open the second file.