Are markets really being manipulated on the expiry day ?

A detailed thread🧵 1) Lets see last Nifty expiry on 8th May

We had war tensions
Lot of uncertainity going on

But straddle at 12 pm was quoting at 19😳

Infact 24400 CE had OI of 7.5 crore
This is highest ever OI on a single strike

This is Mark Douglas.
He wrote “Trading in the Zone” — one of the greatest trading books of all time.
But his live lectures go even deeper.
Here are 11 priceless insights that will instantly make you a better trader 🧵 1. “Anything can happen.”
The market doesn’t owe you anything.
There are no guarantees.
Accept uncertainty — or get eaten by it.

10 years in the markets.
Lots of trades.
Tons of mistakes.

10 major mistakes & lessons in last 10 years of Trading

A thread🧵 1) I was able to enter and ride uptrend but unable to exit when trend changes.

This is similar to Abhimanyu Chakravyuh from Mahabharat where one knows how to enter but doesn’t know how to exit.

So a good trader is one who can do well in both bull & bear markets

What happened in sensex expiry today be explained logically ?

Thread: 2) While
Sensex was going up⬆️
Call premiums weee increasing ⬆️
& also
Put premiums increasing⬆️

And then till 2 pm IV keeps on rising with no decay on the straddle & then followed a sharp directional move

IV’s again preceding the move which is unusual!

How to build a Trading Multi Monitor Setup with specifications

A detailed thread🧵 1)Monitors :

Dell 27 inch 2721HN

BenQ 27 inch GW2780

Vertical Monitor Dell P2722H

We are using 10 monitors & 1 vertical monitor with 1080 p resolution

Purpose of the monitors is to help scan multiple charts,momentum stocks, news and give a bird eye view of the market.

Thread: How Drawdowns Make You a Better Trader 🧵 1) “A smooth sea never made a skilled sailor.”

Just like a calm sea never makes a skilled sailor, easy and steady markets won’t make you a great trader!

How to catch market reversals using market breadth

A detailed thread🧵 Market breadth looks at the relative change of advancing to declining securities in a market.

It is a technical analysis technique that gauges the strength or weakness of the the market

This one thing literally changed my trading

A thread🧵 1) The real breakthrough in my trading didn’t come from picking better stocks or reading charts more accurately.

It came when I mastered the art of cutting losses fast.

A Brutal Day in the History of Sensex 0 DTE😳

Option selling is getting tougher by the day.

No matter where you set your stop loss, it feels like it's destined to get hit. And if you don’t set one? You could blow up your account in minutes.

Let’s dive into what happened on September 20, 2024 and ways to survive such days(Thread) 1) Sensex opened at 83,611 and dropped 400 points in just 20 minutes!

But that was just the beginning.
The market then staged an incredible rally, surging over 1,300 points from the day's low to hit a high of 84,515 and again fell 1200 points to 83300 and again rallied to 84600

Crazy Volatility🎢

Thread : Days to Remember🧵

1) I saw few tweets saying that this is the most difficult market ever.

As a trader, we have signed up for these risks & All we can do is be prepared & manage them

Lets have a look at days when markets action was crazier than current times ! 2) 18th may 2009

Markets opened at 9:55 AM as this was the market opening time at that time
Nifty immediately hit an 20 % upper circuit at 10.01 am and the markets froze.
So markets were open only for 6 minutes.

Thread : From +5% to -1% for April.. Mistakes made & lessons learnt🧵

1) I was up 5% on capital for April till 2nd week but in last week went from +5% to -1%

So what went wrong, what mistakes I did & the lesson learnt !

#trading 2) I was having a great month & that made me more complacement as I made around 24% returns in last 4 months

As Paul Tudor Jone says

“My biggest losses have always come after I have had a great period & I started to think that I knew something”

Thread: What can we traders learn from Sachin

1) @sachin_rt is undoubtedly one of the greatest batsmen of all time & has played several amazing knocks. But one that stands out is his 241* at Sydney. He did not play a single cover drive in the entire innings

#SachinTendulkar 2) Look at his stance on the crease. Look at the balance. Perfect. Simply elegant. Looks so pleasing to the eye.

Even @bhogleharsha once said, “When Sachin hits a cover drive, the world seems all the more beautiful.”

How to become more productive & achieve results🧵

1) An important concept that I learnt last year and which has helped me immensely is “Non Zero Day”

There should be no zero days.

What's a zero day?

A zero day is when you don't do a single thing towards your dream or goal 2) Didnt' do anything all day and it's 11:58 PM?

Write one sentence.
One pushup.
Read one page of that chapter.
Write one line of code.

One. Because one is non zero.

Thread : Trading Applications that I use on a daily basis🧵

1) After putting a detailed post on hardware & multi-monitor setup. Few asked for softwares I use for trading.

So I am listing softwares/apps which I find the most useful for trading & investing 2) Trading View or Kite app

I use trading view for intraday charts.

As I trade intraday, I use the 5 min time frame.

My chart is simple with 20 sma plotted on it along with CPR(central pivot range)

Price > 20 sma & CPR indicates bullish trend for intraday & vice-versa

Thread on QTP :

1) We are launching batch 7 of our Quantitative Trading Program(QTP).

Start Date: 23rd April ‘22

Course Duration : 6 months

Timing : Every Sat & Sun from 9:30 am to 1 pm

For more details please visit:

quantifycapital.in/quantitative-t…

#python #algo #system #trading 2) Focus :

The program focuses on:

Python programming,
Trading strategies,
Quantitative analysis,
Backtesting,
Automation &
Machine learning for trading

Thread on How to build a Trading Multi Monitor Setup with specifications🧵

1) How to build a multi monitor with details & exact specifications to help fellow traders !

@prathamesh_pai from the team did all the research to strike a balance btwn price & performance

#trading 2) Monitors :

Dell 27 inch 2721HN

BenQ 27 inch GW2780

Vertical Monitor Dell P2722H

We are using 10 monitors & 1 vertical monitor with 1080 p resolution

Purpose of the monitors is to help scan multiple charts,momentum stocks, news and give a bird eye view of the market.

Thread: How drawdowns make you a better trader ?🧵

1) As they say :

“A smooth sea never made a skilled sailor.”

Similarily,

Easy and calm markets will never make you a great trader ! 2)
-Experiencing volatile markets,
-Handling large directional moves, -Going through a drawdown &
-Bouncing back to hit a new equity high.

All of the above are important to build your psychology & character as a trader & help you scaleup !

Thread:Why most traders lose money ?

1) @Nithin0dha of @zerodhaonline said that 99% of traders don’t even beat FD returns.

So what is the main reason that most traders don’t make money via trading consistently ? 2) The major reasons most traders don’t make money :

- Following tips
-No strategy
- Letting losses run
- No emotional control

But the major reason which is common in struggling traders is CONTRA THINKING.. Let me explain in detail

Thread🧵 : Stock Market Resources

Few DM’s on how to get started in the stock market. So creating a detailed thread on some resources/books that have helped me

1) zerodha.com/varsity/

One can start with @ZerodhaVarsity
The content is really good & explained in detail. 2) Position Sizing & Risk Management

Van Tharp Guide to Position Sizing

An amazing book that explains importance of risk management in a simple manner.

One of the best books I have read on risk management

P.S : It costs around 200 $.. I’ll make a detailed summary on this soon

How to build/backtest a strategy 🧵?

1) Idea/Hypothesis
2) Specify entry,exit, SL & position size
3) Generate trade log & Backtest Report
4) Test in diff. market condn.
5)Optimise the strategy
6) Evalute the robustness & stress testing
7) Track Real Time performance
8) Deploy 1) Idea( Eg. Theta Eating Strategy)

Options decay with passage of time.
I look at the theta decay curve & wonder that some decay is intraday and some is overnight.
Can I capture the intraday theta decay by creating delta neutral positions ?

#idea #theta

Thread 🧵:
A Day in the Life of a Trader (A day in my Life)

1) I absolutely love my work❤️! In fact, I grew up dreaming to be a trader. So trading, to me, doesn’t feel like working (except when I lose😂).
It’s fascinating because it’s different every day.

#trading #life 2)7:30 AM : Alarm Rings

A typical week day for me begins at 7:30 AM.
I spend the next 30 minutes on my daily chores — get ready for office, grab a quick breakfast & have a hot cuppa coffee.