Yash Mehta Profile picture
Jul 3 4 tweets 2 min read
Quarter 1 of FY 23 has given a lot of new learning in #trading and #Investment.

"#Market is like an Amoeba which keeps on changing its shape" so one has to adapt to it and grow.

So let's see what all #mistakes I did and what changes I did to my trading style.
First of all, let's start with #Options Trading.

Earlier I used to take the entire position on Thursday/Friday: one week before expiry. Because of this, I had no margin left for any adjustments in case of gapup or gapdown opening.
Now, I don't take all the positions in one go. It is splitted across three days.

25% Position on Thursday.
25% Position on Friday.
50% Position on Monday.

After this, I stopped doing fire fighting via adjustments and if Stoploss is hit, simply exit the position.
Now in cash stocks.

I used to pyramid/average the stocks at random places instead of looking for support.
This has led to over accumulation of few stocks that were in downtrend.

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More from @YMehta_

Jul 2
Yesterday, most of the Oil Explorer and Producing Companies Like #Reliance, #Ongc, #MRPL were down by 10%.

There were multiple reasons for this. So let's discuss each reason one by one.

Before going ahead, Like and Retweet this tweet for wider reach.
First Reason:

#Government imposed taxes on the export of petrol, diesel, and jet fuel shipped overseas by Indian firms.
A tax of ₹6/L on exports of petrol and aviation turbine fuel and ₹13/L on exports of diesel will be levied.
The step is aimed at meeting the demand of the domestic market.

The taxes on exports come after oil refiners, particularly from the private sector, attracted huge gains from exporting fuel to markets such as Europe and the US amid a surge in international oil prices.
Read 8 tweets
Jun 30
Many who became a Full-Time #Trader in the last two years would be in a dilemma because of the volatility in this market.

Be a part-time trader instead of leaving it.

This #thread 🧵will be on what all #strategies, I personally use to generate active #income in the market.
We will discuss positional trading and investing in stocks and then about option trading.

In #Stocks, we don't take any leverage, so risk is lesser, whereas in #Options it is a leverage instrument, so risk is high and it can wipe out your capital.
#Investment #Portfolio:

This is basically my long-term portfolio, which I create for a horizon of more than 5 years.
There are certain criteria which I use to filter stocks in #Investment.

Mostly look for the sector where you know something.
Read 20 tweets
Jun 29
"BYJU'S is one of the largest #Edtech #Startups in India and now it is in deep trouble!"

Let's see what all things have led to these problems in BYJU'S

Let's Begin.... Image
Out of the $4.7 billion pumped into edtech space in 2021, a massive $1.7 billion was raised by Byju's alone.

In 2021, Byju's made 10 strategic acquisitions worth $2.5 billion.
In Dec 2021, Byju's was valued at a whopping $22 billion making it the 13th most valuable startup in the world!

Well, we're done with 2021, which was a glorious year for India's edtech giant.
Read 12 tweets
Jun 27
Why do the rich open accounts in the Swiss Bank?

Since our childhood, we are hearing that rich people in #India and other countries have their account in #SWISSBANK.

In this #thread🧵, let's see major reasons for this.

Like❤️and Retweet🔄for wider reach.

Let's Begin... Image
James Bond had a dialogue in the movie "The World is Not Enough" (1991) which goes like, "If you can't trust a Swiss Banker, what's the world come to?"

The dialogue is the essence of the Swiss Bank culture of confidentiality and trust.
It all goes back to the 18th century when European elites had started parking their money in Geneva, Switzerland.
In 1713, Swiss Government Authorities had lawfully prohibited banks from sharing information about their customers.
Read 15 tweets
Jun 25
Buying/Selling climax is very common in the #stockmarket and it is completely based on the price.

#Volume #Climax is something that I have observed.

In this thread🧵, I am sharing a #trading strategy that I am using based on this.

Like❤️and Retweet🔄 for wider reach.
What is this Volume Climax?

You would have seen some kind of spurt in volume in a day after a up/downtrend. Here, we don't consider any day in which there is corporate action or quarterly result.

Let's see some chart:

Below Chart is of #Metropolis when volume spurt occurred.
Now one to observe in Metropolis chart is after that volume spurt candle, the uptrend had paused.
This means at this candle smart money had offloaded the stock and retailers bought it. Hence stock went in the downtrend and Metropolis went down by 20%.
Read 16 tweets
Jun 23
#ETHANOL story we are hearing a lot and #Sugar Sector is in news as well.

In this #thread 🧵, let's see "𝗛𝗼𝘄 𝗜𝗻𝗱𝗶𝗮 𝗶𝘀 𝘂𝘀𝗶𝗻𝗴 𝗦𝘂𝗴𝗮𝗿 𝘁𝗼 𝗦𝗮𝘃𝗲 #𝗣𝗲𝘁𝗿𝗼𝗹."

Like❤️ and Retweet🔄if you find this Thread Interesting!
PM Modi on 5th June, World Environment Day, announced that India has achieved 10% ethanol blending of petrol, five months ahead of schedule.

This is 4 times than in 2014, when it was just 2%.

But what is #Ethanol and why are mixing it with #Fuel?
Ethanol:

Ethanol or Ethyl Alcohol is a biofuel, it can be produced from biomass such as sugarcane, corn, etc. which have high starch content.

In India, ethanol is mainly produced from sugarcane through fermentation.
Read 18 tweets

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