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The most popular Products mentioned in /r/IndianStreetBets:
![How to Make Money Trading with Candelstick Charts [Dec 01, 2011] Sadekar, Balkrishna M.](https://m.media-amazon.com/images/I/5117ND2b5mL._SL500_.jpg)
The most popular Services mentioned in /r/IndianStreetBets:
Snipboard
LocalCoinSwap
YouTube Vanced
Robinhood
mermaid
Blockchair
Telegram bot API
TradingView
The most popular reviews in /r/IndianStreetBets:
Hi please install 'Varsity' app. It's amazing for beginners.
Google Play link : https://play.google.com/store/apps/details?id=com.zerodha.varsity
You will find it in app store as well.
Also do check out wiki of this sub. You will find good resources.
My two cents tho:
Trading will never be a continuous source of income untill good experience is gained, imho.
you might want to stick with mutual funds to begin with.
Zerodha uses 2 types of charts one of which is trading view. You can access this chart on tradingview.com
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Also recommend you to shift to Zerodha or Angel Broking as they’re much cheaper & better than ICICI Direct. Get you mobile number linked with aadhar for online account opening or else you can print their account opening forms, sign & mail it to them. Even this way you can open an account in a week.
Been using Frontpage. https://play.google.com/store/apps/details?id=in.crowdware.one
Or you can pay sensibull, if you plan to get into fno. But stay on Frontpage for a month and see how you do compared to others. It's a social app.
Free NSE Virtual trading app for Futures and Options
Link - https://play.google.com/store/apps/details?id=com.mkapps.virtualtrading&hl=en_IN&gl=US
That is not true. mutual fund / FII would have bought even if they had given 10-15% discount. Just like many other companies. Thats exactly why everyone is puzzled. There are many ways to steal money from shareholders. Many of them are legal. So promoters ethics are important. Its also important that we don't force ourself to ignore acts which cause reasonable suspicions just because we are shareholders. A good book on the topic.
TL;dr - Find your personality and trade according to that.
I recently read this book:
https://www.amazon.in/Mental-Edge-Trading-Personality-Investments-ebook/dp/B009TQ54M0/
And one thing I became aware of my personality is that my tolerance for anxiety is very very low. That means I am not made for looking at candles going up and down all the time, I will keep modifying my order again and again. The trick for me to be successful is to put on trade, go do my other things and monitor it only after every hour. And in the meantime let the price moves such that it hits the profit or SL point.
But then my anxiety again kicks in and tells me that SL might be too far or I might be financially ruined. In which case the trick is to keep my position sizes small. Instead of risking 5% on a trade I'd rather trade 1% or even 0.5%.
This means my returns aren't going to be worthy of ISB's stonk post. But in an occupation where 90% lose money I'm still better off than not losing any. Or the least not getting financially ruined.
One of the first things people talk about when they lost money is "money management" but no one wonders if trading is really for them. What you need to do is understand your personality and trading style and adapt.
Here's what you can do. Get a copy of this book: https://www.amazon.in/Mental-Edge-Trading-Personality-Investments-ebook/dp/B009TQ54M0/ (ps: get torrent copy if you will). Go through it and understand your personality vis-a-vis trading.
One of things you might encounter is that the good doctor is confusing at times. He talks about personality as fixed but then in the same vein talks about managing your personality to trade better.
To give you an example, if you go through my threads I made decent profit in July. And then lost all my profits and then some in August. What happened was that I started July with low expectations and the returns was amazing. I then started tracking my wins/losses closely in August.
The August losses made me feel that I had broken my trading and money management rules.
But then the book opened my eyes to a truth. I have a lower threshold for anxiety. And tracking trades constantly put too much pressure on me. So even though I was very good at technical skills I lost money. even though I know money management rules - don't risk more than 3% on trade I still made some silly mistakes. And now I moved away from day trading, constant tracking. Once I put up a trade I track it only every 2/3 hrs and even then I complete my checks within 5 mins. Now I am back on my feet and raking the greens.
>1)One book on learning options apart from varsity.I am planning to
purchase Option volatility and pricing strategies by Sheldon Natenberg
Hull's book on derivatives is good. It's more quantitative though than Sheldon Natenberg's book. Here is the link.
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>2) Which website can provide all historical option data especially for stock options
I get my data (including all the data used for this post) from NSE's website. Search for historical options data. You can also use the bhav copies. They give only EOD data though. For intraday data you may need to purchase it - I don't know of any reliable source. Global Data Feeds provide historical intra-day data but it's quite costly and I'm not too sure how long back they might be willing to provide.
Hope that helps!
There is no one thing you can do but zerodha varsity can be a good start/foundation . https://play.google.com/store/apps/details?id=com.zerodha.varsity
It will give you all the tools required to start your journey.
Once must read these two intraday ebooks are available on Amazon Kindle and amazon.in.read it carefully this ebook is enough to teach you proper intraday trading.based on price action.
Must read carefully once
Ebook (1) name:- make wealth from intraday trading by Maddy
Ebook(2):-Demand and Supply trading for living by Christopher
Once must read these two intraday ebooks are available on Amazon Kindle and amazon.in.read it carefully this ebook is enough to teach you proper intraday trading.based on price action.
Must read carefully once
Ebook (1) name:- make wealth from intraday trading by Maddy
Ebook(2):-Demand and Supply trading for living by Christopher
Artos. Investment tracking app.
I made all my investment directly in AMC's website. Use this app for tracking all in one place. Honestly it is a gem of an app.
Mean bear markets often last 1-3 years
US economy, food and oil inflation, over supply of dollar, and China supply chain issues are mega issues (i believe) responsible for this bear market/correction (whichever way you see fit)
Personally, i am ready for 3 years, worst case.... 5 (great depression bear market was 5 years)
You might enjoy reading this book (a daily from great depression)
The Great Depression: A Diary https://www.amazon.in/dp/1586489011/ref=
Have you heard of pillow.fund? They provide you with 18% interest rate by investing in stable coins. You can try these. I am pasting thier referral code below which will give you additional 1% on your investment. I have invested myself and found it helpful
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Join Pillow using my referral code
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They are seperate DMat account la and will.hsbe Seperate holdings If both the accounts are links to CDSL (Central depository service limited) then you can view the combined statement through CDSL app
https://play.google.com/store/apps/details?id=com.cmcltd.CDSL
Hope this helps you
Here’s a great book that helped me get started trading options! You can find it on Amazon.
https://www.amazon.com/dp/B09MC93FWL/ref=cm_sw_r_awdo_navT_a_NPE8M4Z3R26T4CGN0X7Y
It’s called The Ten Trade Commandments
Not fully relevant, but since you mention GTT orders, it reminds me of a feature that will be of great use: Trailing Stop Orders. Kindly consider adding it if possible.
Here's what im seeing on tcs weekly charts.
https://snipboard.io/VegHjb.jpg
If macro conditions worsen it is likely tcs will fall much further cuz it hasn't yet seen the declines compared to some of the other companies just yet. If global markets continue to fall - tcs will likely fall as well.
Timing is going to be crucial for a trade like this..So when you enter the trade is also important imo.
1k PSU is enough to run given you're not adding GPU or think of mining and using a single monitor.
I have used this one with my i3 it never gave me an issue.
Start reading this book.
https://www.amazon.in/Coffee-Can-Investing-Stupendous-Wealth/dp/067009045X
This can teach you many important lessons. Then learn how to do fundamental analysis (you can find this in youtube or other places) then start creating a portfolio and always backtest your portfolio. See how they performed during crisis. You can use morning star website to do this. If you keep doing this again and again you will get a good portfolio.