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Trading Mindset - Tips for TradersTrading is an art that requires a strong mindset. Having the right mindset is essential for success in trading. The right mindset can help you avoid making emotional decisions, stick to your trading plan, and ultimately achieve your trading goals. In this blog post, we will discuss the importance of having the right trading mindset and how you can develop one. The Importance of a Trading Mindset: A trading mindset is the mental attitude you have towards trading. It is your overall attitude, beliefs, and emotions towards trading. Having the right mindset is important for several reasons: 1. Avoiding Emotional Decisions: Emotions can cloud your judgment and cause you to make impulsive decisions that can lead to losses. Having the right trading mindset can help you avoid emotional decisions. 2. Sticking to Your Plan: Having the right mindset can help you stick to your trading plan, even when the market is volatile or when you are experiencing a losing streak. 3. Improving Discipline: Trading requires discipline, and having the right mindset can help you develop discipline and stick to your trading rules. 4. Achieving Your Goals: Having the right mindset can help you achieve your trading goals by keeping you focused and motivated. Developing a Trading Mindset: Developing the right trading mindset is not easy, but it is possible. Here are some tips to help you develop the right mindset for trading: 1. Set Realistic Expectations: Set realistic expectations for yourself and your trading. Understand that trading is not a get-rich-quick scheme, and it takes time and effort to become successful. 2. Focus on the Process: Focus on the process of trading rather than the outcome. Focus on following your trading plan, managing risk, and improving your skills. 3. Accept Losses: Accept that losses are a part of trading and learn from them. Do not dwell on losses, but use them as an opportunity to improve your trading skills. 4. Practice Patience: Trading requires patience. Learn to be patient and wait for the right opportunities to enter and exit the market. 5. Manage Emotions: Manage your emotions while trading. Do not let fear, greed, or other emotions cloud your judgment. 6. Maintain a Positive Attitude: Maintaining a positive attitude is essential for success in trading. Believe in yourself and your abilities, and maintain a positive outlook, even during challenging times. In conclusion, having the right trading mindset is essential for success in trading. It can help you avoid emotional decisions, stick to your trading plan, and ultimately achieve your trading goals. Developing the right mindset takes time and effort, but it is possible. Set realistic expectations, focus on the process, accept losses, practice patience, manage emotions, and maintain a positive attitude. With the right mindset, you can become a successful trader.
Editors' picks
NSE:NIFTYEducation
by AfnanTAjuddin
14
Mindful TradingMindfulness can be a powerful tool for day traders to improve their clarity of mind, focus, and decision-making skills. In this article, we will explore the concept of mindfulness in day trading. 🤷‍♂️What is Mindfulness? Mindfulness is the practice of being present in the moment and fully engaged with our thoughts, feelings, and surroundings. It involves paying attention to our thoughts and emotions without judgment. Mindfulness can help us to reduce stress, improve our focus and concentration, and enhance our decision-making skills. 🤷‍♂️How Can Mindfulness Help Traders? Mindfulness can be a valuable tool for day traders to improve their performance and well-being. Here are some ways that mindfulness can benefit day traders: 🚩Increased Awareness-- Mindfulness can help traders to become more aware of their thoughts, emotions, and physical sensations during the trading day. This increased awareness can help traders to identify and manage negative emotions such as fear, greed, and anxiety, which can impact their decision-making and trading performance. 🚩Improved Focus and Concentration-- Day trading requires traders to maintain focus and concentration for an extended period of time. Mindfulness can help traders to improve their ability to stay present and focused during the trading day, reducing distractions and improving their decision-making skills. 🚩Reduced Stress-- Day trading is a high-stress activity, and stress can negatively impact trading performance as well as social life. Mindfulness can help traders to reduce stress by teaching them techniques to manage their emotions and stay calm and focused during periods of market volatility. 🚩Enhanced Decision Making-- Mindfulness can help traders to make better decisions by improving their awareness and ability to stay focused and calm. Traders who practice mindfulness may be more likely to make rational and well-informed decisions, even in high-pressure situations. 🚩Improved Well-Being-- Practicing mindfulness can also improve a trader's overall well-being, including reduced anxiety levels and depression, improved sleep quality, and enhanced overall mental health. ⚡Basic Mindfulness Techniques 🚩Breathing Exercises-- Breathing exercises are a simple yet effective way to practice mindfulness. Deep breathing can help traders to calm their mind, reduce stress and anxiety, and increase focus and concentration. Traders can take a few deep breaths before making a trading decision or during periods of market volatility to stay calm and centered. 🚩Meditation-- Meditation is a powerful mindfulness technique that can help traders to develop mental clarity and focus. Traders can practice meditation for a few minutes (preferably before the market open) each day to improve their ability to stay present and focused during the trading day. Meditation can also help traders to manage negative emotions. 🚩Visualization-- Visualization involves using mental imagery to create a positive mental state. Traders can use visualization techniques to imagine successful trades, visualize market movements, and develop a positive mindset. Visualization can also help traders to manage fear and anxiety. ⚡Mindful Trading Mindful trading is the practice of applying mindfulness techniques to the trading process. Here are some ways in which mindfulness can improve trading practices. ✅Start the day with a clear mind. ✅Stay focused in the present rather than getting lost in good or bad experiences of past trades. ✅Practice acceptance of uncontrollable variables of trading such as, market conditions and outcomes. ✅Manage extreme emotions such as fear and greed and hence improve decision making. ✅Taking regular breaks during the trading day maintains mental clarity and help in recharge and refocus. Thanks for reading. Hit the 🚀 button for more educational posts in future. Disclaimer: I am not a pioneer/creator of Mindfulness concepts.
Editors' picks
NSE:NIFTYEducation
by Bravetotrade
12
MFI indicator and how to work with itHello everyone, letit is in touch and today we want to tell you about one very cool indicator. MFI - (money flow index) is a technical indicator designed to demonstrate the intensity with which money is invested in a security and withdrawn from it by analyzing trading volumes and the ratio of typical prices of periods. it shows how attractive the asset looks. That is, the degree of intensity of investing money in it. At the same time, only the dynamics of the indicator is important, its value at a particular moment in itself does not matter much. That is, speaking in simple terms, there is a similarity with rsi, but here it is not so strict in terms of divergences and convergences. The indicator simply shows the discrepancy between the cash flow and the price of an asset. Now on bitcoin we can see this discrepancy. We had growth when money left the asset - this is a signal for a fall. Therefore, the team and I expect the asset to fall to the area of ​​21500-20200, and from there it will turn around. Below are some more examples of discrepancies. If you liked the article, then put a reaction and write a comment - it will help us a lot.
INDEX:BTCUSDEducation
by Letit_Trade
'Shades' of 'Trades' - color of the marketIn this color season let's have an insight into how the market plays 'Holi' with traders with its binary colors. The above line sounds fascinating but it's not let me elaborate a bit more. Yes, the market plays with colors with traders but the market uses only binary colors. Many of you may think of white and black as binary colors, but this is not the case here. The market only uses two primary colors green and red to play with traders but we play with colors only on 'Holi' it seems that markets are very fond of playing with colors so it does probably every trading day it either colors the trader's position page with the green of red. Though we have only two colors in markets which can be divided into four shades which are the following:- -> Light Green - symbolizes a small profit -> Dark Green - symbolizes a big profit ( Trader's Favorite ) -> Light Red - symbolizes a small loss -> Dark Red - symbolizes a big loss ( Hazardous to account ) In this article let's dive into the depth of these colors and the reason for incurring such colors on your position page. -->How to get light green color -- Aimed for steady and regular profits . -> Trader can incur this only if they are consistent and aims for regular profit cause markets aren't trending every day. -> Discipline is the key to consistency. I think many of you have heard of the story of sage Vishwamitra who was meditating for a purpose and Menka was used to break the meditation and misguide him from his path. The same is the case of markets if you are in the market to generate regular profits then you must be disciplined as markets have negative behavior of creating illusions to trap the traders just like Menka . -> I suggest developing a trading system or set of rules on which you are going to take the trade if you want to generate regular and steady profits cause if the system is profitable you will also be profitable. Don't rely on price action on an intraday basis unless you're a champ in the same. -->How to get dark green color -- Aimed for sporadic and occasional profits. -> Though everyone wants profits it's not obvious as said earlier markets aren't trending every day. -> But if you are keen on watching market movements, you could probably catch these sporadic days and generate big profits. -> Fear should reside out to ride big profits. I think why many of us aren't able to ride big profits because of the opulence of loss that has developed fear in our minds due to which we try to book profits early without getting any sign of weakness in our trades. Our mindset says to us "Something is better than nothing". -> To overcome this fear I suggest backtesting your trades which can help you in gaining self-confidence if anyhow you can develop faith in yourself then fear naturally resides. -->Reasons to get light red color -- Quite obvious as a part of the game. -> It's quite obvious if you getting small losses as loss is a part of the trade game. -> There is nothing to be stressed about or to ponder upon these small losses if it comes along with profits as there is no such trading system or trader which only gives or generates profit. -> This usually happens when stop-loss is hit and you must be thankful to yourself that you had placed a stop and accept the small loss. Markets reward traders who admit their errors and change their ways whereas punish traders who are obstinate and won't change. I think everyone must check the reason for each loss they incur if it's due to the system you are following and the system is profitable in long run then the loss is fine but if it's due to your own mistake, learn from it and rectify the same as quick as possible. -->Reasons to get dark red color -- Hazardous and may lead to termination. -> One must avoid these big losses at all costs; otherwise, you may find yourself in a situation where you are unable to pay any costs. -> Most hazardous and may sometimes lead to the termination of your trading journey. -> This usually happens due to the stubborn nature of traders where they don't accept that they are wrong or don't have the guts to book their stop losses. I think why many of us incur big losses because of neglecting the use of system stop-loss. Traders have realized the significance of stop-loss hence they decide on the sl before entering into the trade but what they do is keep sl in mind rather than the system and when the price reaches the sl level they don't have the guts to book the loss due to which small loss turn into a big loss. This is the reason why everybody should place system stop-loss as a computer doesn't have emotion. As stated earlier Markets reward traders who admit their errors and change their ways whereas punish traders who are obstinate and won't change. That means that if the trader does not recognize their mistake and book, the sl market will penalize them with a large loss. I suppose that all of you have got great knowledge of the 'Shades' of 'Trades' and an insight into all outcomes of a trade. And I think that I was able to explain to you how the market also likes to play with color and now the first line doesn't seem to be fascinating but obvious. I hope this 'Holi' market colors you all with dark green, and wish you all a 'Happy Holi'.
Editors' picks
NSE:NIFTYEducation
by Chaser30
6
Strategies for an option "seller"As an option seller, you have the potential to earn income by collecting premiums from buyers. However, selling options also involves risks, such as the possibility of large losses if the underlying asset moves against you. Here are some different strategies that option sellers can use to manage risk and maximize profits: Covered call writing: This strategy involves selling call options against a stock that you already own. By selling call options, you collect premiums and can potentially generate additional income on the stock. If the price of the stock rises above the strike price of the call option, you may be obligated to sell your stock at that price, but you still keep the premiums collected. Cash-secured put selling: This strategy involves selling put options on a stock you'd like to buy. If the stock price remains above the strike price of the put option, you keep the premium collected. If the stock price falls below the strike price, you may be obligated to buy the stock at the strike price, but you still keep the premium collected. Iron condors: This strategy involves selling both a call option and a put option at different strike prices. The goal is to create a range of possible outcomes for the underlying asset's price, in which you can collect premiums while keeping the potential losses limited. Naked put selling: This strategy involves selling put options without holding an offsetting position in the underlying asset. This strategy can be profitable if the price of the underlying asset remains stable or rises, but can be risky if the price falls significantly. Credit spreads: This strategy involves selling one option and buying another option with a higher strike price, creating a net credit. This can limit potential losses, but also limits potential profits. Collars: This strategy involves buying put options and selling call options at the same time, with the goal of limiting potential losses while still collecting premiums. By buying a put option, you protect yourself against losses if the price of the underlying asset falls, while selling a call option can help offset the cost of the put option. Straddles: This strategy involves selling both a call option and a put option with the same strike price and expiration date. The goal is to collect premiums while betting that the underlying asset's price will remain within a certain range. This strategy can be profitable if the asset's price remains stable, but can be risky if the price moves significantly in one direction. Strangles: This strategy is similar to a straddle, but involves selling a call option and a put option with different strike prices. The goal is to collect premiums while betting that the underlying asset's price will remain within a wider range than a straddle would allow. This strategy can be less risky than a straddle, but may also have lower potential profits. Butterfly spreads: This strategy involves selling two options at a certain strike price and buying one option at a higher strike price and one at a lower strike price, creating a "butterfly" pattern. This strategy can be profitable if the asset's price remains within a certain range, but can also limit potential profits. Iron butterflies: This strategy is similar to a butterfly spread, but involves selling both a call option and a put option at a certain strike price, and buying options at both a higher and lower strike price. The goal is to create a range of possible outcomes for the underlying asset's price, while limiting potential losses and collecting premiums. Covered put selling: This strategy is similar to covered call writing, but involves selling put options instead of call options. By selling put options, you collect premiums and can potentially generate income on the underlying asset. If the price of the asset falls below the strike price of the put option, you may be obligated to buy the asset at that price, but you still keep the premiums collected. Ratio spreads: This strategy involves selling more options than you buy, with the goal of generating a credit while limiting potential losses. For example, you might sell two call options and buy one call option at a higher strike price, creating a ratio of 2:1. This strategy can be profitable if the underlying asset's price remains within a certain range. Covered strangles: This strategy is similar to a covered call writing and involves selling both a call option and a put option on a stock you already own. The goal is to collect premiums while betting that the underlying asset's price will remain within a certain range. This strategy can be profitable if the asset's price remains stable, but can be risky if the price moves significantly in one direction. Calendar spreads: This strategy involves selling an option with a nearby expiration date and buying an option with a later expiration date at the same strike price. The goal is to generate a credit while betting that the underlying asset's price will remain stable until the later expiration date. Diagonal spreads: This strategy is similar to a calendar spread, but involves buying an option with a strike price that is different from the strike price of the option you sell. The goal is to generate a credit while also providing some protection against potential losses.
NSE:BANKNIFTYEducation
by omvats1
A practical guide to Risk management Hey everyone! 👋 While trading and investing offer the opportunity for profit, there is always the potential for loss. The most experienced traders know this best and in today’s post, we’re going to share several time-tested tips to help new traders and investors better understand financial risk and intelligent planning. 📝 Develop a Trading Plan • Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful. • You should have a detailed trading plan in place prior to engaging in any trades. • Having a plan can help you stay calm under stress and ensure that you are trading within your risk tolerance. 🧘‍♂️ Understand your risk tolerance • Risk is subjective. Different traders have different personalities and systems, hence a different risk tolerance. • There is no “One-size-fits-all” approach. • Find out what suits your needs based on your account size, age, long-term plan, and other key variables that are specifically unique to your circumstances. Then, implement it accordingly. 📚 Follow your trading system • A trading system lays down a set of rules that can help a trader avoid impulsive decisions. • A trading system is essential because it requires you to think deeply about your approach to markets before you begin risking real money. • Traders should backtest and research their system under different market conditions. Ask yourself how you would perform in a bear market? Have you tried paper trading your system to see if it works? Have you discussed your system with others or asked for feedback? • Some traders hop strategies after a series of losses. This usually leads to more losses and is unproductive in the long term. • If your system has a verifiable edge, then sticking to it will help you in generating consistent returns over time. It will also help you stick to your original long-term plan as mentioned above. 🚨 Use a Stop-Loss • A stop-loss order is an order that is placed at a predetermined price level and can help in limiting your losses if the trade goes against you. It’s also used to ensure you’re sticking to your original trading plan or trading system. • In general, this predetermined price level is the level at which your trade idea gets invalidated. ✂️ Manage your position size • It's important to take an optimal position size so that there isn’t too much risk exposure in any given trade. • Trading is a game of probabilities. Hence, a trader should never put all his eggs in one basket and if he does, then he should be well aware of it. ❌ Don't overtrade or revenge trade • Although it can be tempting, it's never a good idea to try to recoup the losses by taking higher risks. • It's easy to feel strong emotions while trading. However, making decisions based on emotions rather than rational analysis can be a recipe for disaster. If you fear that this is happening, walk away from your computer. 📔 Maintain a trading journal •A trading journal can help you in identifying the shortcomings in your trading. • Evaluation of this journal at regular intervals will help you in understanding and in improving yourself. The trading journal is a tool to self-reflect on your journey. Thanks for reading! We hope you enjoyed this post. Please feel free to write any additional tips or pieces of advice in the comments section below! Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular style of trading! See you all next week. 🙂 – Team TradingView Feel free to check us out on Instagram , and Twitter for more awesome content!
Editors' picks
NSE:ADANIENTEducation
by TradingView
12
Cash flow statement or Three great riversToday we're going to start taking apart the third and final report that the company publishes each quarter and year - it's Cash flow statement. Remember, when we studied the balance sheet , we learned that one of the company's assets is cash in accounts. This is a very important asset because if the company doesn't have money in the account, it can't buy raw materials, pay employees' salaries, etc. What, in general, is a "company" in the eyes of an accountant? These are assets that have been purchased on credit or with equity, for the purpose of earning a net income for its shareholders or investing that income in further growth. That is, the source of cash in a company's account may be profits . But why do I say "may be"? The point is that it's possible to have a situation where profits are positive on the income statement, but there is no money physically in the account. To make sense of this, let's remember the workshop I use in all the examples. Suppose our master sold all of his boots on credit. That is, he was promised payment, but later. He ended up with a receivable in assets and, most interestingly, generated revenue. The accountant will calculate the revenue for these sales, despite the fact that the shop hasn't actually received the money yet. Then the accountant will deduct the expenses from the revenue, and the result will be a profit. But there is zero money in the account. So what should our master do? The orders are coming in, but there is nothing to pay for the raw materials. In such circumstances, while the master is waiting for the repayment of debts from customers, he himself borrows from the bank to top up his current account with money. Now let us make his situation more complicated. Let us assume that the money borrowed he still does not have enough, and the bank does not give more. The only thing left is to sell some of his property, that is, some of his assets. Remember, when we took apart the assets of the workshop , the master had shares in an oil company. This is something he could sell without hurting the production process. Then there is enough money in the checking account to produce boots uninterrupted. Of course, this is a wildly exaggerated example, since more often than not, profits are money, after all, and not the virtual records of an accountant. Nevertheless, I gave this example to make it clear that cash in the account and profit are related, but still different concepts. So what does the cash flow statement show? Let's engage our imagination again. Imagine a lake with three rivers flowing into it on the left and three rivers flowing out on the right. That is, on one side the lake feeds on water, and on the other side it gives it away. So the asset called "cash" on the balance sheet is the lake. And the amount of cash is the amount of water in that lake. Let's now name the three rivers that feed our lake. Let's call the first river the operating cash flow . When we receive the money from product sales, the lake is filled with water from the first river. The second river on the left is called the financial cash flow . This is when we receive financing from outside, or, to put it simply, we borrow. Since this is money received into the company's account, it also fills our lake. The third river let's call investment cash flow . This is the flow of money we get from the sale of the company's non-current assets. In the example with the master, these were assets in the form of oil company stock. Their sale led to the replenishment of our notional money lake. So we have a lake of money, which is filled thanks to three flows: operational, financial, and investment. That sounds great, but our lake is not only getting bigger, but it's also getting smaller through the three outgoing flows. I'll tell you about that in my next post. See you soon!
Editors' picks
NSE:HDFCBANKEducation
by Be_Capy
8
INTRODUCTION TO BOLLINGER BANDSHello friends and mates today I am sharing an Idea about an indicator which is you can say very much loved and popular indicator used by all stream and time frame traders and that is BOLLINGER BANDS sharing below about this 𝐃𝐄𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍-: Bollinger Bands are a type of price envelope developed by John Bollinger (Price envelopes define upper and lower price range levels.) Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price. Bollinger Bands use 2 parameters, Period and Standard Deviations, Standard deviation. The default values are 20 for period, and 2 for standard deviations, although you may customize the combinations by the given setting in trading view. Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Further, the pair of bands is not intended to be used on its own. Use the pair to confirm signals given with other indicators. 𝐇𝐎𝐖 𝐓𝐇𝐈𝐒 𝐈𝐍𝐃𝐈𝐂𝐀𝐓𝐎𝐑 𝐖𝐎𝐑𝐊𝐒-: When the bands tighten during a period of low volatility, it raises the likelihood of a sharp price move in either direction. This may begin a trending move. Watch out for a false move in opposite direction which reverses before the proper trend begins. When the bands separate by an unusual large amount, volatility increases and any existing trend may be ending. Prices have a tendency to bounce within the bands' envelope, touching one band then moving to the other band. You can use these swings to help identify potential profit targets. For example, if a price bounces off the lower band and then crosses above the moving average, the upper band then becomes the profit target. Price can exceed or hug a band envelope for prolonged periods during strong trends. On divergence with a momentum oscillator, you may want to do additional research to determine if taking additional profits is appropriate for you. A strong trend continuation can be expected when the price moves out of the bands. However, if prices move immediately back inside the band, then the suggested strength is negated. 𝐊𝐄𝐘 𝐓𝐀𝐊𝐄𝐀𝐖𝐀𝐘𝐒-: Bollinger Bands is a technical analysis tool to generate oversold or overbought signals and was developed by John Bollinger. Three lines compose Bollinger Bands: A simple moving average, or the middle band, and an upper and lower band. The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average and can be modified. When the price continually touches the upper Bollinger Band, it can indicate an overbought signal. If the price continually touches the lower band it can indicate an oversold signal. The Squeeze The "squeeze" is the central concept of Bollinger Bands®. When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in volatility and the greater the possibility of exiting a trade. These conditions are not trading signals. The bands do not indicate when the change may take place or in which direction the price could move. 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓𝐒-: Approximately 90% of price action occurs between the two bands. 1 Any breakout above or below the bands is significant. The breakout is not a trading signal and many investors mistake that when the price hits or exceeds one of the bands as a signal to buy or sell. Breakouts provide no clue as to the direction and extent of future price movement. 𝐇𝐎𝐖 𝐀𝐂𝐂𝐔𝐑𝐀𝐓𝐄 𝐀𝐑𝐄 𝐁𝐎𝐋𝐋𝐈𝐍𝐆𝐄𝐑 𝐁𝐀𝐍𝐃𝐒-: Since Bollinger Bands are set two use +/- two standard deviations around an SMA, we should expect that approximately 95% of the time, the observed price action will fall within these bands. 𝐄𝐗𝐀𝐌𝐏𝐋𝐄 𝐎𝐅 𝐏𝐎𝐒𝐈𝐓𝐈𝐕𝐄 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓-: 𝐄𝐗𝐀𝐌𝐏𝐋𝐄 𝐎𝐅 𝐍𝐄𝐆𝐀𝐓𝐈𝐕𝐄 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓-: 𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄. 𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
NSE:TCSEducation
by AMIT-RAJAN
2
How to add tweets to your TradingView charts?Hello everyone! Did you know that you can integrate tweets into your TradingView charts? If not, you're in for a treat! In this visual guide, we will show you how you can enhance your charts by seamlessly incorporating tweets. 🙂 But first, let us show you an example of how incorporating tweets in your charts can make them more interactive and informative. Adani Enterprises after the release of Hindenburg’s report: Pretty cool, right? Now without further ado, let’s get started. 1. On your chart window, go to the toolbar on the left side of the screen and select the "Text" option, which is 5th from the top. 2. You will see a few options once you click on it. Select the “Tweet” option. 3. It will ask you to insert the link of the tweet that you want to add to your chart. All you have to do is just "paste" the link and click "ok" . 4. Upon adding the link, the tweet will show up on the chart along with the timestamp that denotes the precise time of its posting. 5. To adjust the tweet's placement, simply click and drag the tweet window to the desired location. Thanks for reading! Hope this was helpful. See you all next week. 🙂 – Team TradingView Feel free to check us out on Instagram , and Telegram for more awesome content! 💘
Editors' picks
NSE:TVSMOTOREducation
by TradingView
19
As 'Above' so 'Below' - the harmony of natureIn this real world, there is various philosophy that tries to explain the "As above, so below" harmony is the great law of nature but none can prove this law hence it's still a hypothesis. The law of nature works on everything and the stock market is not untouched by nature. I am not here to give a lecture on this law of nature but to prove how this harmony of nature is preserved in the stock market and to share my research work on 'Stock-et' science which is equally difficult as 'Rocket' science. Many of you have heard of these famous patterns:- 'Head and Shoulder' 'Cup and Handle' 'Rounding Top/Bottom' 'Flag/Pennant' 'Double Top/Bottom' Do you all observe some correlation among them? They all are candlestick patterns that either decide reversal or continuation, if this was your observation then probably you are correct but I wasn't indicating this. Let me explain to you what kind of relationship I was talking about. How do we estimate the target of these patterns? To the target level, we first measure the depth of the pattern i.e. how deep it's below the breakout level. As its depth is below so will the height above. Now, I think you all can draw how this law of nature is respected here in the candlestick pattern or more precisely in the stock market. Let’s have an example to be more sound:- The above chart describes how the CUP pattern works following this law of nature. The stock after the breakout rallied non-stop to attain the e height of +94% which was the depth of the cup pattern. After attaining the target or say 'equilibrium' stock witnessed a jerk, not before that. This proves how the market preserves "As above, so below" harmony, the great law of nature. Still not convinced then look to another example, This is the vice-versa of the previously explained example, here stock attains the depth of -17% i.e. ' equilibrium' after forming a Head and Shoulder pattern with a height of shoulder +17%. This proves how the market preserves "As below, so above" harmony, the great law of nature. Now let's look at this concept with different dimensions i.e. dimensions of mathematics, physics, and chemistry. Don’t be afraid I'm not going to talk about 'rocket' science but 'stock-et' science. [list [ In math, we all have read negative and positive cancels out i.e. (-3+3=0) same in candlestick patterns if the stock has a pattern depth of then the pattern target would be +30% to attain '0' or say 'equilibrium'. In physics, we all have read that negative charges neutralize the positive charge to attain 'equilibrium' same in the stock market. In chemistry, we all have read that all chemical changes occur in nature to attain 'equilibrium' i.e. two elements share their electrons to attain 'stability' (H2O, here two hydrogen molecules share their 1 electron with 6 electrons of oxygen to attain equilibrium) this same happens in markets all market movements occur to attain 'stability'. Generally, people have fantasies about 'Rocket' science but we traders have fantasies about 'Stock-et' science. Please drop comments on whether you have a fantasy for any of the above science. Also, let me know how many of you believe that the stock market doesn't work on speculation but has its science let's call it 'Stock-et' science.
NSE:NIFTYEducation
by Chaser30
2
Stock Market Risks: A Brief Guide to Get ThroughThe stock market can be an exciting and potentially lucrative place to invest, but it also carries significant risks, particularly in the futures and options segment. While the potential for high returns is a major draw, it is essential to understand the risks and take appropriate measures to manage them effectively. Risks in Futures and Options Segment Futures and options are derivative products that allow investors to buy or sell a particular asset at a specific price on a future date. This segment can be risky due to the potential for high leverage, meaning that a small investment can lead to significant losses or gains. Moreover, futures and options are often complex instruments that require a solid understanding of the underlying asset. Risk Aspects in Investment Investment in the stock market also carries inherent risks, such as market volatility, company-specific risk, and currency risk, among others. These risks can impact the overall performance of your portfolio in the long run. Risk Aspects in Day Trading In day trading, an instrument is bought and sold on the same day so as to make a quick profit. While day trading can be profitable, it also carries significant risks due to the high volatility and leverage involved. Day traders need to have a deep understanding of the market and should use technical analysis to make informed decisions. Step-by-Step Guide for Surviving the Stock Market 1. Educate Yourself: The first step to surviving the stock market is to educate yourself about the risks involved, market trends, and investment strategies. You can attend seminars, read books, and consult with experienced investors or brokers. 2. Set Realistic Goals: Setting realistic financial goals based on your investment horizon, risk appetite, and financial situation is crucial. This not only helps in avoiding impulsive trading but also in staying focussed. 3. Diversify Your Investments: Diversifying your portfolio across different sectors, geographies, and asset classes can help mitigate risks and balance your returns. 4. Have a Disciplined Approach: Avoid chasing quick returns or taking unnecessary risks. Have a disciplined approach to investing, and stick to your investment plan. 5. Manage Your Risks: Use risk management tools such as stop-loss orders and limit orders to minimize losses. Moreover, one should always try to invest only that much money which one can afford to lose. Other than that there is always need to maintain a cash buffer for emergencies. In conclusion, the stock market carries significant risks, especially in the futures and options segment. However, with a disciplined approach, a sound investment strategy, and effective risk management, new and struggling traders and investors can survive and thrive in the stock market. Thanks for reading.
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NSE:NIFTYEducation
by Bravetotrade
10
What should I look at in the Income statement?The famous value investor, Mohnish Pabrai , said in one of his lectures that when he visited Warren Buffett, he noticed a huge handbook with the financial statements of thousands of public companies. It's a very dull reading, isn't it? Indeed, if you focus on every statement item - you'll waste a lot of time and sooner or later fall asleep. However, if you look at the large volumes of information from the perspective of an intelligent investor, you can find great interest in the process. It is wise to identify for yourself the most important statement items and monitor them in retrospect (from quarter to quarter). In previous posts, we've broken down the major items on the Income statement and the EPS metric: Part 1: The Income statement: the place where profit lives Part 2: My precious-s-s-s EPS Let's now highlight the items that interest me first. These are: - Total revenue The growth of revenue shows that the company is doing a good job of marketing the product, it is in high demand, and the business is increasing its scale. - Gross profit This profit is identical to the concept of margin. Therefore, an increase in gross profit indicates an increase in the margin of the business, i.e. its profitability. - Operating expenses This item is a good demonstration of how the management team is dealing with cost reductions. If operating expenses are relatively low and decreasing while revenue is increasing, that's terrific work by management, and you can give it top marks. - Interest expense Interest on debts should not consume a company's profits, otherwise, it will not work for the shareholders, but for the banks. Therefore, this item should also be closely monitored. - Net income It's simple here. If a company does not make a profit for its shareholders, they will dump its shares*. *Now, of course, you can dispute with me and give the example of, let's say, Tesla shares. There was a time when they were rising, even when the company was making losses. Indeed, Elon Musk's charisma and grand plans did the trick - investors bought the company's stock at any price. You could say that our partner Mr. Market was truly crazy at the time. I'm sure you can find quite a few such examples. All such cases exist because investors believe in future profits and don't see current ones. However, it is important to remember that sooner or later Mr. Market sobers up, the hype around the company goes away, and its losses stay with you. - EPS Diluted You could say it's the money the company earns per common share. So, I'm finishing up a series of posts related to the Income statement. This statement shows how much the company earns and how much it spends over a period (quarter or year). We've also identified the items that you should definitely watch out for in this report. That's all for today. In the next post, we will break down the last of the three financial statements of a public company - the Cash flow statement. Goodbye and see you later!
NSE:NIFTYEducation
by Be_Capy
What is a crypto card?Crypto cards enable you to pay with cryptocurrency in stores and withdraw cash from almost any ATM worldwide. Additionally, each business that issues these cards offers a set of benefits for cardholders. What is a crypto card? If you own cryptocurrency, you've probably considered how to use it in everyday life. Currently, in order to convert Bitcoin into dollars, you must transfer BTC to a centralized exchange, convert it to USD, and then withdraw the funds to a bank card. You can also use an exchanger, but you run the risk of falling victim to scammers. The lengthy withdrawal process makes it difficult and less desirable for regular users to use cryptocurrency as a payment method. A crypto card could be the solution. It functions exactly like a traditional debit card. In fact, you can use a crypto debit card to pay for the same products: Bitcoin is deducted from your wallet in the amount equal to the purchase price (an automatic conversion to a specific currency occurs). Several centralized exchanges and payment processors have already produced their own crypto debit cards. The use of such cards greatly simplifies the interaction between the traditional and cryptocurrency financial systems. When you get paid in bitcoin, you can use that money right away to make purchases for things you need on a daily basis, like food, gas, clothing, and other essentials. And since it's a debit card, you won't be able to spend more than you have. Another significant benefit is a cashback. Cashback percentages range from 1% to 8% and are applied to purchases. The procedure for obtaining a crypto debit card varies according to the provider, but it is very simple and quick. Some providers only offer a virtual card that you can link to your Apple Pay or Google Pay wallet or use to make purchases online. A physical card can also be issued through certain services, like BitPay. The best crypto debit card for you will be determined by your needs and where you live. Some businesses provide cards with restrictions and daily limits. At the same time, the number of supported cryptocurrencies and the lack of regional restrictions are important factors. Due to the fact that Visa and MasterCard support the majority of crypto cards, they are accepted at shops and ATMs throughout the world. In the following section, we'll examine and contrast the three most widely used crypto debit cards. Crypto.com Visa The Crypto.com card operates on the Visa network, accepts more than 100 cryptocurrencies, and is available in more than 100 countries worldwide. Customers are offered cards of five different levels, each with its own set of terms and remuneration structure. Obsidian's most premium card, for example, provides 5% cashback and unlimited access to airport lounges through the Lounge Key programs. This card also provides refunds on Airbnb and Expedia bookings, as well as 100% cashback on Spotify, Netflix, and Amazon Prime subscriptions, among other benefits. However, the person must stake CRO tokens worth $400,000 in order to obtain this specific card. Binance Visa Card This card operates on the Visa network as well, but it is only available to European customers. The user can receive up to 8% BNB cashback on each purchase and withdraw funds from ATMs without paying any fees. Both virtual and physical cards are available for free. Coinbase Visa The Coinbase card is available to all residents of the United States (except Hawaii) and offers up to 4% cashback on purchases. At the same time, users are not charged for servicing the card or withdrawing funds from an ATM. In the picture you can see a comparison of these three cards according to the main characteristics: Crypto cards significantly simplify the use of cryptocurrencies for the average user, and they do not have the same limitations as traditional bank cards. Using cryptocurrency as legal tender is a long-held desire of crypto enthusiasts, made possible by the functionality and accessibility of crypto cards.
BEducation
by SpaceFinance
1