Yash
@BasedTrader_
Followers
4,494
Following
576
Media
708
Statuses
11,990
Swing Trader | VCP | Stock Speculation Mostly trades Stage 2 bases, Episodic Pivots and IPO bases Price Action devotee, but considers fundamentals at times
Mumbai
Joined October 2020
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Cohen
• 407313 Tweets
Gemini
• 247854 Tweets
Tottenham
• 171594 Tweets
Spurs
• 125075 Tweets
Man City
• 109054 Tweets
Maynez
• 66908 Tweets
Mike Johnson
• 66610 Tweets
Vivek
• 62134 Tweets
groupデビュー
• 57589 Tweets
Manchester City
• 57556 Tweets
Itália
• 55857 Tweets
MILE FLY TO ZURICH
• 51152 Tweets
MAY THE 24TH BE WITH YOSHI
• 50125 Tweets
#TOTMCI
• 30019 Tweets
Alito
• 29180 Tweets
Ange
• 28662 Tweets
Menem
• 26289 Tweets
Harrison Butker
• 25163 Tweets
#PLdaGloboNao
• 22053 Tweets
#GoogleIO
• 19529 Tweets
توتنهام
• 15577 Tweets
Aaron Rodgers
• 12509 Tweets
Daemon
• 11809 Tweets
Alice Munro
• 11795 Tweets
İdam
• 10812 Tweets
Pinned Tweet
Let's discuss one particular set-up that provides low-risk entry, high reward and is quite logical at the same time.
I call this set-up "SB-U&IB".
Although my database contains many examples, I would restrict this write-up to 3 examples -
#Urja
,
#PAKKA
and
#Agstransact
, one of
13
43
245
Indians are truly cursed. Imagine having to work everyday, long hours and nights, after studying your ass of as a student - and then being able to buy a car which even broke people in the west have
A little life update .
Bought my First Car today ✨
Cheers to all the long days at the office and the sleepless nights spent staring at balance-sheets. It all paid up in the end😃.
844
163
6K
168
114
1K
My tweet is *NOT* about her (Garima) at all. It doesn't say anything -- right, wrong, good, bad or ugly about her.
A few of you need to visit middle school again and improve english comprehension.
14
11
270
@velumania
Sir, in case you're looking to adopt a child I have the best option for you.
Dm me.
13
6
241
A "No-Bullshit" thread ✍️ on how to become a profitable trader.
1. DON'T TRADE EVERYDAY :- if you want to make net money over long term, you should really re-think taking trades for the sake of it.
I only trade when I see odds in my favour. When there's no edge, I sit out.
1/n
18
79
235
The best place to buy a stock is not 52wk high.
Sorry, but you all have been lied to.
The best place in majority of cases is the price/location where the stock has digested its previous gains and is resting on 10/20/50DMA while signifying its willingness to continue the uptrend
19
18
156
I have not watched TV for months/years now. It's a waste of time - junk food for brain.
Heck, my room doesn't have TV connection either.
Just a monitor for trading/cricket which I can watch on Jio/Hotstar.
What about you?
32
5
154
If 1% gain on capital cannot take care of your monthly expenses by good margin, you lack capital.
14
7
142
@LimayeVaibhavi
Bhai broke ka mtlb beggar ya homeless nahi hota.. please educate yourself with how these words are used in today's world
4
3
131
Those who glamourize trading are either loss-making traders or trainers who wants to sell you a dream.
There's nothing glamourising about this profession. It's mentally demanding - more like a high-level sport - you can put efforts and still not make it.
6
16
134
What you don't need to know - triangles, rectangles, diamond patterns and indicators.
What you need to learn - Volatility contraction, Pivots, trend identification, understanding of multiple timeframes, position sizing and a bit of situational awareness.
15
24
133
Booking profits early is a criminal act
Even in good times, about 50% of your trades are anyway going to end up in loss
And in bad times, most of the trades will end up in stop losses.
So when you find winners, you have to make the best out of them - that is, squeeze even the…
13
7
109
Nithin Kamath has been talking about it for a while, now Dhan's CEO also reiterating the same - Brokerage on trades will increase and there will soon be brokerage on cash delivery trades.
Trading in Indian markets is already incredibly tough and STT (and soon high brokerage) +
10
5
111
@drabhineshv
My brother in Krishna - not even 0.1% Indians have 300cc+ bikes or can afford it ftm
2
5
100
"SEBI mulling over allowing shorting in Cash Market"
Will be the best news of decade for me.
It's sad that we have such a restricted market.
10
1
102
@Utkarsh_777
I don't. I want honest tax payers (and UC Hindus in particular) to avoid as much taxes as possible and do better at tax planning.
0
4
92
Those who lost money today because of glitch in Zerodha are crying on twitter instead of storming Zerodha's head office. This is why we were enslaved for so many years.
7
5
100
@sellit69
Bhai I'm an Indian too - khudko bhi criticise kar skte hain agar kuch kami hai toh hum main ya hamari country ke system/policies mein
1
3
81
I take my scanning process very seriously. If I feel I wasn't at my best while doing scans, I may scan again.
There's a huge opportunity cost to missing top-tier set-ups: for example, if my risk per trade (RPT) is 10k per trade and average gain is 5R, a missed set-up means I…
14
5
88
There was a time - about 1 year ago - when 90% of fintwit's brains were corrupted by a guy with a virus knows as "1% Stop Loss" only.
People were made to believe that if there were not using 1% SL or using more than 1% SL than they are not good traders.
I was one of few+
22
3
88
It has been decades and India still haven't realised that their real enemy is "the west".
Indian government and citizens think Pakistan is their real enemy LOL .. they're just too insignificant.
High time India follows the way China tackles west, otherwise over.
India's New IT Rules Do Not Conform With International Human Rights Norms : UN Special Rapporteurs
113
232
711
2
12
75
Being a swing trader, I'm better off knowing that most profits for month would likely come in 2-5 days and in 2-5 months for year.
Rest of the days/months are just about managing risk and not slipping into huge drawdowns
Whenever I tried to actively make money, I was hit hard
5
5
80
The only way to make big money (with less risk) in stocks is to enter as if it's an intraday trade but hold it for weeks, possibly months if it starts working.
13
8
77
I don't judge 18-24 aged guys whatever they may be doing. Everyone of them are struggling and working their way up.
5
2
71
Today's trades - 🥂
HBLpower
Gokex
OrientBell
Elgie Equipments
Haven't booked anything - even if I get zero out of them.
15
6
72
@pachtaogaybro
I struggle to believe you can afford to act like this with the kind of face you've got
1
1
68
Brokers - suck
Margins - not allowed. Block cash as well for selling our own stocks from PF 🤡
Liquidity - what's that?
Short selling - banned
Taxes - sky high + additional tax in form of STT
Welcome to Indian Financial Market.
@nsitharaman
@nsitharamanoffc
7
17
64
8
3
69
I've studied nutrition for 8 years
And I can confidently say that things like Bikaji Bhujia are way worse than "harmful" things like ciggerates.
15
6
67
Most people here will perform significantly better if they focused more on stocks they are trading and managed risk by position sizing and exposure; instead of looking at indices all the day drawing conclusions like it's a top, it's bottom blah blah
6
4
67
Bought
#Lloydsengg
@ 57.25
Hit 20% UC
This is the type of setup that I don't particularly plan to buy but sometimes their intraday PA induces me into buying them
15
0
67
I wish I could make money by just watching stocks.
Stocks to Watch
1. Medanta
2. PNB Housing
Tell me yourssssss!!!!!!!
15
9
94
10
3
64
On good days, I make 1-3% on an average. Sometimes more, esp when I'm fully invested.
On days like today, when I have to lose I try to lose less
I'm down less than 1% today for example.
This - losing less on bad days and making more on good days - is the only holy grail
5
1
66
Jio has given me gains that can cover more than 12 SLs for me.
That's how you do it when you're playing with 25-40% success rate.
Now if I booked out
#JIOFin
earlier to cover my 4 consecutive SLs, would I have gotten this big a winner? No.
6
1
65
The more experienced stock trader you become, the less the number of stocks you trade.
7
1
63
Few trades I have taken in last 2 weeks when there was a lot of fear all around
8
4
63
Double digit returns (~10%) month for me.
While 10% is nothing great, this 10% is particularly special for me because it came on back of .1-.25% risk per trade. My normal risk per trade is 1% of account.
So with such low size, a double digit return is amazing imo.
Expect +
22
1
62
If you're afraid of losing your open gains & booking your profits at random places owing to that, you are not going to make big in this game
You can convince yourself of otherwise, but that won't change the fact that you need to have a process in place to make it big in trading
4
7
61
Trading is NOT 90% psychology and 10% technical analysis.
You cannot make up for lack of skills by having great psychology
Whereas
You can still be a good trader by being exceptionally skilled and psychologically weak/not strong.
Think about it - 1) a random person +
6
10
60
I have learnt in last 2 years that to make good money you should *always* be willing to lose some money
If you are not willing to lose *some* money, you will invariably lose out on making *big* money
i.e., opportunity cost to being unwilling to lose money is losing more money
5
2
58
@aubrey_huff
People mentioning their age are forgetting that vaccines are primarily meant to protect them only, since young people were anyways not dying.
2
1
47
Once you understand price action in its true sense, you stop drawing these ugly lines and channels unnecessarily.
You prefer clean charts over ugly ones and let your trades work without much interference or trying to become TA God.
6
3
57
More than 15% up for this month. A bit of mistakes and early bookings in big movers like RVNL hampered some gains.
Thoughts and feelings:- relatively easy month for stock traders. There was something for everyone esp traders with some skills. Some mild regret because months+
15
2
57
After a good bull run, this is probably a good time to take a step back. It doesn't mean you go to "all cash" cold turkey, but you get cautious
As scans tell me, there's significant decrease in number of trade-able set-ups, accompanied by many pivot and handle failures.
2
3
57
Some "big" handles here keep being bullish even when market is breaking down like crazy. They'll talk about India being a decadal story, some random data & ofc RSI divergences.
When I was barely 2-3 months into market, I didn't know shit. I thought these guys have a lot of +
5
2
57
Vakul Nibhor's lost brother found... on YouTube.
This guy calls 👇 a cup and handle pattern
25
1
54
Man this bull market has people gone mad. I hope they are doing this for marketing purpose only and don't seriously believe what they're saying
This is our house help Meena’s portfolio. We had given her last year’s Diwali bonus in the form of stocks (instead of cash, clothes, sweets which most people usually do).
The portfolio is up by 60% in a year and her 10,000 have turned into 16,000.
This is the power of microcap…
78
29
586
10
0
55
you don't need to buy a new stock every day. just because a plethora of "set-ups" are being posted every day by "big handles" doesn't mean they're trade-worthy - even if they are doesn't imply you should buy them.
"does this set-up deserve to be in 25 trades I'm going to take +
2
3
56
Yesterday was really weird as both Nifty and Mid/smallcap indices made progress but majority of holding pulled back and most of the breakouts either failed or squated/didn't progress.
This could be a sign of smart distribution unless I'm reading too much into it
Ps: I wasn't+
10
1
55
What kind of mental illness do you have to have to post retardexd tweets like this?
13
0
53
A pullback after a rise/big up-move is what you ideally want to trade - not a pullback after a breakdown (even breakdown on daily tf)
I see a lot of charts being given 5-7 stars which are breakdowns and coming to retest that breakdown - that's*NOT* VCP
Understand the difference
4
3
55
Unless you're a coach, don't make gym your entire personality. You may not realise it but it comes out cringe as fuck to normal people
5
2
50
Now you cannot buy the same stock you sold on a given day.
So if a stock hits your stop - just a shakeout, you can't re-enter.
Welcome to Endia - the epitome of mediocrity
14
2
54
Trading View is a for-profit company, not a charitable entity
If they take any step that will increase their revenue, it's completely justified.
Stop doing drama around it ffs
6
1
53
What a trade
#ParagMilk
has been for me - almost like
#fact
. I bought it on 9, 12 and then added on 15th june iirc
still holding a good chunk
11
1
53
People at top don't compete; they "collaborate". While people at the bottom keep competing and bringing each others down.
People on top don’t fight, they generally laugh at people who are fighting. Be it business or politics or bollywood or influencers.
This is how it works. This is how they keep you “busy”
122
1K
6K
2
3
51
Aditya Trivedi and Aditya Todmal have also started their "premium channel/mentorship program"
My belief that most of these "big" traders aren't making net money through markets is getting more validation.
On this note, Can trading be taught?
24
3
52
The guy you see trading 20 stocks a day and posting rockets and bombs - he ain't making money.
Gm
3
4
51
What takes your returns from ordinary to extraordinary is your ability to convert intraday entries into swing trades while not sacrificing significantly on batting average front.
It's simple not easy though:- you choose a set-up on daily/weekly timeframe. But instead of taking+
3
4
51
Kids trade everyday
Men have no-trade days
Legends have no-trade weeks 💁🏻♂️
8
2
51
If you're not holding Olectra or selling it here out of fear of losing gains, you are not going to make generational wealth.
You CANNOT build generational wealth with 9-5 jobs or FnO trading.
Holding stocks like Olectra is the only way. I don't make these rules, just preach
8
1
48
At this point, they should mandate reservations 100% for SC, ST and OBCs
At least, poor GC people won't have hopes and look out for something else rather than wasting time trying for goverment jobs, most of them already being peasant tier
CWC resolution calls for increasing existing upper limit of reservations for SCs, STs, OBCs
202
179
901
5
2
48
If you are an honest person, you would ideally not want too many young adults of your nation to be involved in something like trading.
You have to be (borderline) morally corrupt to drag people (who could otherwise be doing valuable work) into trading which doesn't (directly)…
6
3
48
Three commonly-agreed beliefs I disagree with -
1) Start with cash market - it's easy & you will not blow up. Then you can move to FnO
2) Indian market is easier than US market bcs it's immature
3) You can learn everything abt trading from YouTube
Here's why these aren't true
3
3
48
Monster stock in making
Near ATH sales
Sectoral run up
4 Monthly inside bar
VCP on daily
50-100% upside possibe
#Stockstotrade
#StockMarket
10
5
48
#GRAUWEIL
- Cup & Handle
- prior uptrend
- linear consolidation after that
- nice contraction in volatility
Bought today
4
1
48
If you got fully invested today, congratulations you're a loss-making trader and will continue to do so.
10
2
47
After scanning more than 2105 stocks yesterday I have found 3 set-ups that can give you 5-10 times returns (for the risk).
Want to share them since I'm up 4%+ today and in good mood
Retweet this to get 3 set-ups in DM
Probability of success - 30-60%
Expected gains - 5 to 12R
29
83
43
You cannot make unconventional returns while sticking rigidly to conventional books and advices.
Grow beyond them, destroy the average. Become the GOAT in the game.
4
6
46
Stock market is the only place where even IIT (Alok ji), IIM and CA guys have to resort to doing some sort of frauds to make money.
One can gauge from this as to how tough it is to make money from market itself.
6
1
47
@Kavitastocks
@itsmerajarshita
Hi Kavita.
Is there any evidence that they are specifically picking female handles?
I follow one of those handles and I haven't seen them being partial against women.
0
1
46
I have a simple rule :- Trade the best set-up or enjoy the beauty of sleep.
Trading average/shit set-ups because "you wanna feel like doing something" results in depreciation of mental captial (and of course financial capital as well).
3
3
46
Taking constant losses makes you a loser.
This is why I never use stop loss.
A good stock is always going to go up in long term, so I hold.
If it goes further down, I buy more to lower my average price.
Never be a loser.
15
1
46
At my age, if market opens all 7 days a week I would still trade everyday.
When market itself is both your work and hobby, it's hard to keep yourself out... 2 days feels like forever.
And I don't want to change it, to be honest.
2
1
44
A stock may show relative strength, it may be at 52wk high
But only when it *resists* supply of the left side, I become interested in the said stock
It's only when supply stops coming, a big - secular and linear - move is possible.. rest all these terms thrown around are poetry
5
2
46
I was a loss-making trader for two years.
7 months ago I came across
@harshubh
sir's handle and consulted a astrologer.
The astrologer asked me to chaged the direction of my table-chair and bed, along w other things
Since then I've been making profits every month. No DD.
4
0
45
If you have made less than 30% in last 5-6 months as a stock trader, you need to re-think your strategy.
We are supposed to beat the indices; as stocks shoot up (and down ftm) in multiples.
17
0
44
I see a lot of people tweeting that they have a significant drawdown and going forward they would do things differently
"Acknowledging own mistakes" frequently has become an "intellectual porn" for the educated
What you could do differently is accept that certain things are +
7
4
44
When it's green, not all stocks participate.
When it's red, all stocks go down with higher intensity.
That's why directional cash-trading is challenging.
3
4
44
Don't let last two months distract you from the fact that this is still one of the toughest game out there.
If you get egoistic because you made some gains in last two months, you'll likely be the first one to lose it.
2
0
43
@roanwar
I differ! I get up if it's a normal girl, but if I see any sign of a feminist, I ain't leaving my seat lol
1
1
41
Most people don't understand Risk Management and confuse it with Risk Elimination.
Going in full cash and choking trades time and again in anticipation of crash will harm you more than actually taking some mild losses in case the markets corrects.
5
1
43
Unless you are really new into market, trading this way is *criminal*
Persistent is
- up 7 out of preceding 7 weeks
- stop loss is way too much
- corollary to above, upside, if any, isn't in multiples of stop loss
- so there's no risk: reward skew in favour of the buyer here
#PERSISTENT
(W)
- Strong Breakout Candidate
- Massive Volume Buildup
- Strong Bullish momentum
- Trading All Time high
- Buy above 5070
- Stoploss 4700 (wcb)
- Targets 5300/5650/5950+
- TF ≈ 5-6 Months
#Investing
2
11
141
9
2
41
Remember that "good" market for us swing traders is the one when there are a lot of great set-ups and we struggle with zeroing on those 2-3 names!
So yeah, this is not a good/favourable market for us.
I plan to stay out and manage my existing positions for next few days.
2
0
43
Too many set-ups and you're afraid that the ones you take might not work and the ones you don't buy will work out?
So you're thinking to buy them all!
This is a disaster waiting to happen.
You select a few set-ups and accept the hard reality that the set-up you haven't bought…
1
3
42
makes it even tougher.
The only way around it I can see is - trade less and trade bigger positions.
This will have repercussion of high drawdowns, but that's the only way it seems.
If you are someone who's punching 5+ orders a day, you'll pay a lot in brokerage and charges.
3
0
41
Few are able to actually decipher this, but -
Losses from great set-ups >> Profits from flukes/bad set-ups.
The former puts you on path to long term profitability, while the latter gives you an illusion of skill and ultimately makes you a loss-making trader over a period.
3
3
42
Cash traders should not be too hesitant to trade when market is coming off a new low. These are some of the "easy money" days.
For example, in last 3-5 sessions a lot of money could have been made if you focused solely on set-ups.
Also, focusing too much on movement of +
3
1
41
My bad habit while scanning is that I go back to stocks past and check where would I have traded it, where would I have booked etc
So what's supposed to take, say, 1 hour takes 2-3 hours. 🤷🏻♂️
9
0
42
In last two days, we have seen a classic example of U&R (undercut and rally). Both Midcaps and Smallcaps bounced sharply after breaking the previous low.
The issue with this type of advance is that bases remain week - there isn't sufficient accumulation in them
So we either 1/n
2
2
41