Once upon a time in a faraway land, there lived a wise man and his disciple. One day in their travels, they saw a hut in the distance.
As they approached they realized that it was occupied in spite of its extremely poor appearance.
In that desolate place where there were no crops and no trees, a man with his wife, three young children and a thin, tired cow.
Since they were hungry and thirsty, the wise man and his disciple stopped for a few hours and were well received.
A shop owner placed a sign above his door that said:
“Puppies For Sale.”
Signs like this always have a way of attracting young children, and to no surprise, a boy saw the sign and approached the owner;
Feb 17 • 10 tweets • 2 min read
My wife felt exhausted. She was irritable and grumpy, until one day, suddenly, she changed.
One day when I said to her:
"I'm going to have a few beers with friends."
She replied: "Okay."
My son said to her:
"I'm doing poorly in all subjects in college."
My wife replied:
" Okay, you will recover, and if you don't, you repeat the semester, but you pay the tuition."
My daughter said to her:
"I smashed the car."
My Wife replied:
"Okay, take it to the car shop & get it fixed."
I have been saying this again and again in my group and will write again today
After seeing my little success some of my friends or some believer in me ask -
What are the qualities/ traits one should develop to be a great trader or investor ?
Whenever someone ask me this - best answer I could give is - reading out Mark sellers letter to them -
The way I see it there are at least 7 traits great investors/traders share that are true sources of advantage because they can’t be learned once a person reaches adulthood
Dec 30, 2021 • 5 tweets • 3 min read
there r many ways to look charts.
very short term
long term and very long term.
like if I see this short term chart which is 75 min chart.
I can say after a correction price started upward journey and gave a breakout... #75min charting #veryshortterm
this short term chart i.e daily chart says -- stock just came out of correction mode and ready for new upmove.
Dec 17, 2021 • 11 tweets • 2 min read
Is money just a medium of exchange, or is it something much more than that?
A thread ~
You might have heard this quote that "Money can buy you things, but it can't buy you happiness".
Or "Money is not important".
Well, If you also believe in the above quotes that chances are you are broke and you'll stay broke forever.
Nov 14, 2021 • 17 tweets • 5 min read
someone asked me today - what to do with #lauruslab?
I asked what to do as in?
If u invested by seeing something in stock and If those fundamental things haven't changed, this question seems absurd to me.
Then I got typical reply which I was anyway expecting-
"I think u haven't seen Price recently"
My response was - yes I have seen it and price has corrected well and will definitely hurt them who bought for short term + on a level which was not right as per charts.
so again I had to explain him this after so many obvious question
Oct 9, 2021 • 4 tweets • 1 min read
If people think - buying at lower level of 2020 was not possible - then they are absolutely wrong, coz those who understand value bought it by seeing such cheap valuation. 1) PE as per bond yield was at almost at lowest level.
2) Warren buffet indicator i.e - Macao/gdp was at same level where it was in 2008 crash bottom-~.55.
So buying was very logical and easy.
Intact predicting that index will become 3-4x in short run was also easy.
Oct 8, 2021 • 14 tweets • 2 min read
There should be some rules and principles in your life.
Those rules will define your success and build a character over time.
In this thread I will write many rules and practical experiences.
1) Pay all bills before speculating.
2) Don’t speculate with another person’s money.
Aug 30, 2021 • 4 tweets • 2 min read
u know which type of breakouts are extremely strong and moves like rocket? #breakout#hal
Aug 28, 2021 • 10 tweets • 2 min read
Few things which can really help u change ur life ( implemented on my self)
1) embrace loneliness and reinvent yourself in that process.
Aug 14, 2021 • 9 tweets • 2 min read
India's Chief of Defence Staff Vipin Rawat has said that every person in India must read the below sentences about the Indian Army.
You are cordially requested to please cooperate in spreading these invaluable ' Rashtra Raksha Sutra s'
To as many citizens as possible through various mediums.
Indian Army 10 Best Priceless Quotes: Must Read.
Reading these makes me feel true pride...
Jul 27, 2021 • 11 tweets • 2 min read
19 trading rules for a greater profit
Most important is psychological management. 1) When in doubt stay out
2)Never trade or invest based on hope
3)Act on your own judgement or else absolutely and entirely on the judgement of another
4) buy low (into weakness ),sell high (into strength ) - this needs detailed explanation as it looks easy but is tough - greatest fault of 99 out of 100 active traders is being bullish at high prices and bearish at low prices(in perspective of trading)
May 22, 2021 • 5 tweets • 2 min read
Most people enter trade by calculating its probable upside and building that assumption into their expectations.
as a result, they r setting themselves for disappointment.
The question to ask when putting on a position is "what is the worst that can happen?"
By looking down, not up, you are addressing what should be your number one objective : preserving your cap, if u erode ur cap base, then u will have nothing left with which to grow.
May 22, 2021 • 8 tweets • 2 min read
An Indian left his job in India and joined a salesman's job in a big departmental store in Canada.
On the first day, the Indian worked with full vigour.
At 6 pm:
Boss :- How much of sales did you do on the first day?
Indian : Sir, I attended to 1 Sale.
Boss : just Only 1 sale the whole day? Usually every salesman here does 20 to 30 Sale transactions a day. Well, tell me what is the money value of your today's one sale?
Indian : $93300 dollars.
Boss : What! Unbelievable! But how did you do that?
Apr 22, 2021 • 7 tweets • 2 min read
What a nice story...
An American man walked into a restaurant in London. As soon as he entered, he noticed an Indian sitting in the corner.
So he walked over to the counter, removed his wallet and shouted, "Waiter! I am buying food for everyone in this restaurant,
except that Indian guy over there!"
So the waiter collected the money from the man and began serving free food to everyone in the restaurant, except the Indian.
However,insteadof becoming upset, the Indian simply looked up at the American and
shouted, "Thank you!"
Apr 20, 2021 • 4 tweets • 2 min read
Pick strong trending stock
in pullback - preferably near 61.8% or 50% retracement level look for bullish candle
take sl low of candle and sleep.
this is one of catching good stock in uptrend.
tried and tested in over more than 1000+ trades(on own money in last 13years)
similarly u can do opposite
one example #Nifty
didnt closed even above 50% of retracement
failed to touch 61.8%
failed to close above black candle high
what u had to do?
nothing - buy some put to protect portfolio or sell longs if u r not comfortable in shorting and wait for
Apr 18, 2021 • 5 tweets • 2 min read
there is no textbook method to mark swing highs and lows in my opinion but with observation I can tell few things
after certain price move price retrace almost 50 to 61.8% and there it form either a bullish candle or consolidate to form a base and then start journey.