About to write down a true story, which is something extremely similar to what is happening this weekend on #FinTwit.
So grab your popcorn, and read till the end, won’t disappoint you, I promise.
A thread 🧵
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My father has been a stock broker since late 1980’s. He and a very close friend of his, both brokers at the peak of the Harshad Mehta madness, saw people 10x their money in months, only to see it vanish in thin air later, but both of them themselves NEVER speculated.
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Jun 12, 2021 • 17 tweets • 4 min read
Getting a lot of hate and negativity in DM's regarding whatever I have said on 9:20 straddle.
A thread on my opinion, and an experiment that I did.
Going to be a long one, I hope you don't get bored.
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I ran a random simulation on excel, which would toss a coin 726 times (because there are ~750 working days in 3 years and I had data for only 726 days).
Each output would print either Heads/Tails.
I have defined Heads as bullish, Tails as bearish.
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