Sharing an insight on investing that I have found very useful and something that I personally track regularly (in fact, on a daily basis) for my own 30-stock momentum portfolio.

Many of us (if not all) hold investments in shares. But have you ever calculated the “quality” of your investment? By “quality”, I am NOT referring to the financial health of the company. Not at all. In fact, as an ardent practioner of momentum investing, I never look at the company financials, annual reports, websites, etc etc. I only look at “price” as the only

Getting a few DMs enquiring whether this MasterClass is still on and whether one can join it. Yes it is very much on and is being actively conducted everyday. Just for the benefit of those who wish to join, here is some information.

The MasterClass is being conducted in two

https://twitter.com/GordunGekko/status/1526254701947539456

segments.

Segment 1: Monthly zoom call:

We review our momentum investing portfolio every once in a month and any changes that are required in the portfolio are carried out on the first day of the next month. Accordingly, on the evening prior to that day (ie on the last day

@pawanaroraleo 🙏 @pawanaroraleo In fact, forgot to add, there is also, therefore, a tax advantage in holding NiftyBEES (as against individual shares). Dividend received on individual shares gets taxed at max tax rate as per individual's tax slab, whereas in case of NiftyBEES, the dividends are never received

As you know, one of my primary strategy is momentum investing (MI) in equity (cash segment). Using those stocks as a collateral, I have been trading in options to generate additional/ weekly income.

MI is a “long-only” trend-following strategy with a longer-term time-frame of few weeks to few months. As such, it is very much dependent on the underlying market conditions. In a bull market, the returns will be high and during a bear market, the returns will be low (if not negative). In other words, MI is essentially a long-term “wealth-creation”

Is this "just another healthy correction in India's long term bull market" or is this "start of a prolonged bear market"?

I tried to do some research on this. For this, I decided to look at #Nifty 's weekly chart. From my earlier observations/ chart reading over several years, I have observed that the 100 week moving average serves as a very robust "long-term" support/ resistance. (Note: some others prefer using 104 --- as that coincides with 2 years of 52 weeks each --- while some others prefer 108 --- as that has a special significance in Hindu

A small thread on momentum investing and how I practice it.

I use the Nifty 500 universe for selecting my momentum stocks. Nifty 500, as the name suggests, has 500 companies in it. WRONG !!!! It actually has 501 companies. Yes, I double-checked 🙂 So, these 501 companies is my talent pool (if you will) from which I select the 50 best candidates that I want to bet my money on.

Ok. So, exactly, did I go about doing that.

Step 1: Start with Nifty 500 universe (501 companies)

Step 2: Eliminate all those companies which have a listing history of

50 years ago, this week in 1971, the USA threatened India to stop the 1971 war. An alarmed India sent a SOS to the Soviet Union. A story that has been nearly erased from Indian history books.

When Pakistan's defeat in the 1971 war seemed imminent, Kissinger spurred Nixon to send the US 7th Fleet’s Task Force, led by the nuclear-powered aircraft carrier USS Enterprise, to the Bay of Bengal. The USS Enterprise, at 75,000 ton, was the world's largest nuclear-powered aircraft carrier in the 1970s with more than 70 fighter aircraft. A monster. The Indian

Friends,
Did some number crunching on excel using the last 10-year data of #Nifty and #BankNifty. What I found out is that, if you take any 5-day period (I mean, any... not necessarily Monday-Friday or Friday-Thursday...take any combination, but it should be consecutive 5 days) then, #BankNifty gives an average move of ~4% from high to low (meaning, high of that 5-day period to low of that 5-day period). This is the "average" move over last 10 years. The maximum has been (and this will blow your mind) 33% 😮 and minimum has been 1%. See table below

Few tips/ suggestions to traders/ investors out there who are struggling:

a) Biggest money is made in "Cash" segment. I know, FnO is more glamorous, but it is, at best, a good way to earn monthly income. If you really want to become "wealthy and rich", the only way is to invest in stocks

b) Now, I wouldn't use the term "invest in good quality" stocks. Because, terms like "good quality" are very vague and subjective. For me, personally, a "good quality" stock is one whose price is going up, and not just that, with a very strong momentum.

Friends,

Just an update on personal front. Got a much better job offer which, I believe, gives me a significant step-up in terms of role profile, job content, and pay. Also, importantly, it’s in Bangalore, so personal life won’t be impacted in terms of relocating, etc. (1/n) Hence, would be leaving my present job and moving on to the new one, starting April.

Someone who got to know I am leaving my present job, asked whether I am now turning to full-time trading. But no, thankfully, my trading style is such that, I can manage a full-time day (2/n)

Conversation with a follower Those who remember my 0.25% strategy thread... I had set a target of first 3L milestone in 90 trading days... in my first stock (Mindtree), I have reached 2.91 L in 94 trading days...still 9k left for target and already 4 days late 🙂

@jitendrajain @Tweet2vijayp @yogeshnanda1 @DedhiaJenil @ManekAgicha Yes. It was a very broad discussion. If indeed some idea is finalised, will execute that and share it on the channel. @jitendrajain @Tweet2vijayp @yogeshnanda1 @DedhiaJenil @ManekAgicha Ok, well not really inputs...but some data-points that we discussed...now use this information, the way you like...period analysed…Nov 2010 till today…

a) If you were to consider any 5-day period, the “average” move given by BN is 3.96% (meaning from start of the period to the

Handles that I have immense respect for:

a) Trading Psychology -- @Prashantshah267, @madan_kumar, @TraderHarneet, @kiritmanral

b) Options analysis based on charts - @ap_pune (he taught us how to trade based on option charts...and yes, they do work🙂...really well... pioneer in using straddle/ strangle charts)

c) FUT trading (based on P&F) - @rajran06, @srvithal388, @thedumbtrader

d) FUT trading (generally) - @BissaGauravB @bluechips4u

e) Proven track record in sharing live trades - @bhatiamanu (a pioneer in this category…I have always said…we

The below is the percentile data of #nifty's P/E and P/B ratio from 13-Sep-2010 till today. Higher the %, higher is overbought level of #nifty. Just to give you a sense, today's P/E ratio is 29.59 which means it is in the top-2% of overbought status. Also, just FYI, on 23-Mar-2020, the day #nifty made a closing low of 7610, it had a P/E ratio of 17.15 (lower than 5%) indicating that was such a great time to buy from a long-term perspective.

Just FYI, I had invested all my trading capital in #nifty BEES when #nifty was ~9200 at a price of

I would like to show you a strategy by which you will be able to earn Rs 2 lac per week. How many are interested?

What is required:
a) minimum capital required to start is Rs 10 lacs
b) immense discipline
c) tons and tons of patience

Tuition fee: minimum 100 retweets🙂 Friends, just to clarify, this is not some weekend timepass... I am dead serious... I am trading this strategy personally and will share the backtest results also...

all I ask in return is min 100 RT for wider knowledge sharing...

Good morning friends,
One should never have a single strategy or trading set-up. Its like putting all your eggs in 1 basket. What if that particular strategy goes into a big drawdown? Therefore, it is important you allocate your trading capital across several strategies (1/n) (ideally 2-3 or 3-4). Importantly, strategies need to be “non-correlated”. Meaning, they should have a completely different set-up or timeframe or charting pattern, so that, when one strategy is going through a bad time, the others make money and vice-versa (2/n)

Friends, sharing a trading strategy which I have started trading live from Friday... in addition to my existing strategies (long-term EMA, short-term MAST)... have allocated a separate sum of 1 Cr for this strategy...the trading plan/ rules of this new strategy are as below (1/n) (a) Every day, buy 4 lots of #nifty FUT
(b) At mkt opening every day, keep the buy order at 1 point below yesterday's close
(c) In case the order doesn't get executed till 3:25pm, convert into a market order and buy at mkt price (2/n)