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Sovit Manjani - CMT Profile
Sovit Manjani - CMT

@SOVITCMT

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Disciplined Trader. Entrepreneur. Systematic Investor. CEO - , Helping CMT candidates all over the globe. Founder -

Mumbai, India
Joined February 2010
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@SOVITCMT
Sovit Manjani - CMT
3 months
I began my trading career in 2007 by losing over ₹2.5 lakhs in the stock market. Here's my story on Josh Talk. After 16 years, 1000+ trades, and with many struggles, this is my journey in the stock market! The talk covers the whole journey: From me leaving a Dubai job to
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@SOVITCMT
Sovit Manjani - CMT
7 months
In 2021, I lost ₹5 lakhs in 10 minutes. Here's how Vipassana (meditation) saved my life:
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@SOVITCMT
Sovit Manjani - CMT
10 months
If you're a trader, you need to watch these four eye-opening videos. (They can 7x your portfolio):
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@SOVITCMT
Sovit Manjani - CMT
28 days
Last year, I showcased a trading system in #Face2Face with @vivbajaj This system has given me a CAGR of over 108%. Here are the four pillars you need to develop your own consistently profitable trading system: (The 4th step is life-changing):
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@SOVITCMT
Sovit Manjani - CMT
4 months
Last year, I showcased a trading system in #Face2Face with @vivbajaj This system has given me a CAGR of over 108%. Here are the four pillars you need to develop your own consistently profitable trading system: (The 4th step is life-changing):
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@SOVITCMT
Sovit Manjani - CMT
5 years
Sovit Manjani: An accountant's journey to becoming a systems trader
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@SOVITCMT
Sovit Manjani - CMT
5 months
In June 2023, I showcased a trading system in #Face2Face with @vivbajaj . Since then, the system has given me a CAGR of over 108%. Additionally, - The 7 months return is calculated to be 52.7%, - Win percentage 64%, - The average profit of winners is 51%, - And the average
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@SOVITCMT
Sovit Manjani - CMT
5 years
How to use Relative Strength Indicator (RSI) for Trend Detection, Entry & Exit, A @Refinitiv Webinar Recording in collaboration with @CMTAssociation on 5th October 2019. Complete Trading System along with 16 years backtested results on over 3000 NSE Stocks
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@SOVITCMT
Sovit Manjani - CMT
5 years
Great Journey and even greater intentions. Ever heard of a CA who cracks the exam before turning 21, and gives up his family’s diamonds business to become an algo trader? Meet @Deejaytweets @technovestor An IT head who became an algo trader
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@SOVITCMT
Sovit Manjani - CMT
5 years
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@SOVITCMT
Sovit Manjani - CMT
5 years
Most traders say they want to trade for a living but then trade like they have to retire next week.
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@SOVITCMT
Sovit Manjani - CMT
5 years
7 / 32 Stock of Long Only Portfolio today have crossed there 52 week Highs, Almost fully deployed. The Stocks are : 1) HDFC Life, 2) SBI Life, 3) GSK Cons, 4) HUL, 5) Nestle, 6) Berger Paints, 7) Bajaj Finance. The portfolio is made of 2 Long Only systems...
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@SOVITCMT
Sovit Manjani - CMT
5 years
My collection of books.. Now a little quiz: 1 of ur favourite trading book u hv read & 1 of the book u wish to read most My favorite book that I have read is Trading Systems and Methods - Perry Kaufman The book I wish to read is Trade your way to Financial Freedom - Van Tharp
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@SOVITCMT
Sovit Manjani - CMT
1 year
Rakesh Jhunjhunwala sold his Crisil shares worth ₹27 crores in 2005 to buy a house. Today, those shares are worth over ₹1000 crores, however, the house is worth only ₹70 crores. 🧵
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@SOVITCMT
Sovit Manjani - CMT
3 years
What do u practice....Everyday?
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@SOVITCMT
Sovit Manjani - CMT
2 months
If you're a trader, you need to watch these four eye-opening videos. (They can 7x your portfolio):
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@SOVITCMT
Sovit Manjani - CMT
4 years
Incredible Presentation by the one & only @SubhadipNandy at the on Intraday Scalping on #Nifty Weekly Options with the help of VWAP & RSI. Thanks, @chartsummit @CMTAssociation @allstarcharts for coordinating 1 of the best Trading Summit for Indian Audience
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@SOVITCMT
Sovit Manjani - CMT
2 years
Money making in cash market is based only 4 universal rules: 1) Don't miss a strong stock, 2) don't have small position in a stronger stock, 3) don't exit early in the strongest stock, 4) & don't loose big in any stock. Rest all yours trading sins will be waived.
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@SOVITCMT
Sovit Manjani - CMT
5 years
An illustration of survivorship bias. Your stock market data that you are backtesting should containsm de-listed and defunkt companies. Else your backtest results are not reliable
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@SOVITCMT
Sovit Manjani - CMT
5 years
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@SOVITCMT
Sovit Manjani - CMT
2 years
The Mayanmar Gate calls again, what a beauty and what peace, disconnecting with the world and connecting to self. New direction to the old journey.
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@SOVITCMT
Sovit Manjani - CMT
3 years
Yesterday the #strategy i presented at @Definedge is not my creation, all credit goes to Mr. @markminervini 's book Trade like a #Marketwizard . The only thing I did was to #backtest it in indian markets. The beauty of the #system is that anyone can trade and make money bc it needs
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@SOVITCMT
Sovit Manjani - CMT
4 years
Its not the knowledge but the execution of knowledge that makes great traders...
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@SOVITCMT
Sovit Manjani - CMT
4 years
The biggest take away from yesterday's webinar I attended of @madan_kumar is to fulfill our commitments, when we don't do that we are not damaging others but we are sabortaging our own image which we have for ourselves, that in turn destroys our confidence... Thanks a lot, Madan
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@SOVITCMT
Sovit Manjani - CMT
5 years
#Bigmoney can never be made on someone's else tips, someone's else #conviction , someone's else #methodology , someone's else #strategy , someone's else #system , someone's else #money , so go do it yourself.
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@SOVITCMT
Sovit Manjani - CMT
1 year
Completed 10 day Vipassana Course at Tapovan 2, Igatpuri. Metta to all Traders, Mentors and Friends. May all beings be happy!
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@SOVITCMT
Sovit Manjani - CMT
5 years
People may not acknowledge your efforts, but they cannot take away your experience from those efforts. So keep doing your Job.
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@SOVITCMT
Sovit Manjani - CMT
4 years
I have never met a more humble #trader then @piyushchaudhry , the very 1st interaction with him went for atleast 2 hours when he had no idea what we do. He explained a complex system using Linear Regression in a much understandable way. Listen to him at the
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@SOVITCMT
Sovit Manjani - CMT
7 months
Being a trader, you need to know how to hold onto your nerves. And you can only stay focused when you know how to be calm in a storm. And there is no teacher better than that than Vipassana.
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@SOVITCMT
Sovit Manjani - CMT
9 months
Remember this?.... This was today in 2007
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@SOVITCMT
Sovit Manjani - CMT
2 years
All 7 Adani Group stocks have given weekly close below 10 WEMA and Slope has turned down, System is out from all of them after handsome profits. This has happened 1st time after Mar 2020. Are technicals giving a warning Sign in the group?
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@SOVITCMT
Sovit Manjani - CMT
2 years
On the way to Della Adventure park for #AlgoConvention 2022
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@SOVITCMT
Sovit Manjani - CMT
1 year
It was an honour to host 1 of the best #Options #Trader @itjegan at @trading_heads Mumbai office We had a 5 hour long discussion on options, #Amibroker #AFL , #Automated #models , #TrendFollowing , #strategies , #MeanReverting #Setups & more Thanks @SantoshPasi for introducing
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@SOVITCMT
Sovit Manjani - CMT
1 year
Just registered my wife for her 3rd 10-Day Vipassana Course at Dhamma Tapovan, Igatpuri from 23rd February 2023 to 6th March 2023.
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@SOVITCMT
Sovit Manjani - CMT
2 years
Our generation (most of us) have not seen death of our family & friends due to: 1) Hunger, 2) War, 3) Natural Calamities Hence we only think about money, prestige, facilities, comfort. We should be grateful to have a lovely life. Don't know what is ahead, respect life.
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@SOVITCMT
Sovit Manjani - CMT
4 years
Learn How to Leverage the Power of #Python for #Trading How Professional #Algo #Traders Develop & #BackTest a #Strategy Walk through the production process from #DataModeling to #BackTesting Validate #Systems with #PerformanceMetrics Free Registeration:
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@SOVITCMT
Sovit Manjani - CMT
5 years
*उन्हें कामयाबी में सुकून नजर आया* *तो वो दौड़ते गए,* *हमें सुकून में कामयाबी दिखी* *तो हम ठहर गए...!*
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@SOVITCMT
Sovit Manjani - CMT
1 year
What people think what you do when you send your wife for a 10 day Vipassana Course and what you actually do 🤣
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@SOVITCMT
Sovit Manjani - CMT
3 years
If u want to know who is a man or a boy in markets, just talk to him for 2 mins, ask bazaar kya lagta hai, or kya leneka, if the answr is I don't know what the markt will do then he is a man, if he starts giving targets & levels, stocks to buy, sell thn he is still to learn a lot
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@SOVITCMT
Sovit Manjani - CMT
6 years
Your first thought in the morning...
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@SOVITCMT
Sovit Manjani - CMT
3 years
Algo Convention is back in 2021 with even versatile Speakers like @VicSperandeo , @Crowded_Mkt_Rpt , @UrbanStoxx , @RakeshPujara1 , @KiritManral , @vishalmehta29 , @kirubaakaran , more to come Logon to for more details & registration 20th to 22nd August 2021
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@SOVITCMT
Sovit Manjani - CMT
7 months
There are 246 trading days in 2023. And it would only take 1 for you to lose everything.
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@SOVITCMT
Sovit Manjani - CMT
2 years
Today we had a special session for all our #CMT Students (Online & Offline) on the application of the Elliot Wave Principle by the iconic Elliot Wave Trader @piyushchaudhry Students got real experience from the Legend Thanks a lot, Piyush for accepting our request 🙏🙏🙏
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@SOVITCMT
Sovit Manjani - CMT
1 year
I've been helping CMT Candidates for over 8 years, and I'm honoured to announce that I'll lead @_YUBHA as the new CEO. As CEO, I look forward to continuing to provide the next generation of world-class traders with all the knowledge and resources they need to succeed.
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@SOVITCMT
Sovit Manjani - CMT
4 years
Back-Test is nothing more than information about what has not worked in the past.
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@SOVITCMT
Sovit Manjani - CMT
7 months
Took me 20 years to get consistent profits. Tried a 100 different systems, became a CMT, and read god-knows-how-many books. And there are still millions in the market who view the market as a get rich quick system. Reality > Fantasy.
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@SOVITCMT
Sovit Manjani - CMT
3 years
My 1st 8.5 bagger #ALKYLAMINE bought at 482.50, CMP about 4,650 (After Split) in Jan 2020 based on only #technicals #indicators , Stop loss did not trigger even in a covid crash. Running systems without questioning. No emptying entire portfolio in emotions.
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@SOVITCMT
Sovit Manjani - CMT
2 years
Algo Convention 2022 Recce
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@SOVITCMT
Sovit Manjani - CMT
5 years
#BullMarkets creates #Experts , #BearMarkets creates #Legends . Off late we are seeing experts everywhere, only a few may survive the next Bear Market. I may or may not survive. @technovestor @yvanbyeajee @SJosephBurns @niftywizard @Zafargs79 @VohiCapital @Prashantshah267 @ap_pune
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@SOVITCMT
Sovit Manjani - CMT
4 years
Another Proud moment for to host @SubhadipNandy Dada for the 3rd Year in a row. He has delivered the audience something new & insightful each time. The way he thinks is incredible & his method of addressing the crowd is amazing. @technovestor @Deejaytweets
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@SOVITCMT
Sovit Manjani - CMT
4 years
@piyushchaudhry One glass of lime water is sufficient for our hunger of 18 hours..., in Vipassana we drink 1 glass of lime water between 11:30 am to next morning 6:30 am.
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@SOVITCMT
Sovit Manjani - CMT
5 years
Had a great time and knowledge sharing with the Old @CMTAssociation Friends @purupande @apurvasheth4035 @gauravidnani25 @NiketShah_IN @amarkoradia @RishiAsrani , Thanks a lot guys
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@SOVITCMT
Sovit Manjani - CMT
1 year
Super thrilled to share my episode with @vivbajaj on his incredible #Face2Face series. We delved deep into the secrets of profitable trading. Don't miss out on this mind-blowing interview! Watch it here:
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@SOVITCMT
Sovit Manjani - CMT
1 year
Today gave a security deposit for New Office and Market paid back a little more than that. Also, most CMT Students are done with their exams overall it went well for them. A great Day altogether. Going shopping with family for a special day in my life.
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@SOVITCMT
Sovit Manjani - CMT
4 years
Vipassana Research Institute, invites all non Vipassana practitioners to a Live session on Anapana Meditation practice session on 18th and 19th April 2020. Anapana is the first step in the practice of Vipassana Meditation Age: 10 years onwards
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@SOVITCMT
Sovit Manjani - CMT
7 months
It was done. The money wasn't going to come back. Now, I had two choices: To panic and think about what happened Plan my strategy, and think ahead. I chose the latter.
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@SOVITCMT
Sovit Manjani - CMT
5 years
Once you’ve accepted your flaws, no one can use them against you. You can either live with your flaws or change them, but do not complaint about them. They contribute to the amazing person that is you. Your flaws are perfect for the heart that is meant to love you.
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@SOVITCMT
Sovit Manjani - CMT
3 years
On the way to the #AlgoConvention 2021
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@SOVITCMT
Sovit Manjani - CMT
1 year
The last day of the Year at my most beloved place... Vipasana Center.
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@SOVITCMT
Sovit Manjani - CMT
4 years
If I am bullish, I neither buy on reaction, nor wait for strength; I am already in. Being bullish and not being long is illogical - Ed Seykota
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@SOVITCMT
Sovit Manjani - CMT
7 months
In my 16-year trading career, I've always taken a few weeks away from the market. You can't be quicker than the market when you're surrounded by noise 365 days a year. Here's how de-stressing myself helped me be profitable for the last 7 years:🧵
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@SOVITCMT
Sovit Manjani - CMT
3 years
On the way back to Mumbai... Bye bye Hyderabad.
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@SOVITCMT
Sovit Manjani - CMT
4 years
Free Chartered Market Technician (CMT) Orientation on who should do CMT by Dravyaniti. What are the career prospects during & after it. In & out of the Program. How to prepare for Level 1 & A session on Practical use of Technical Analysis. Watch at
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@SOVITCMT
Sovit Manjani - CMT
5 years
Again 7 / 32 Stock of Long Only Portfolio today have crossed there 52 week Highs, Almost fully deployed. The Stocks are : 1) Avenue Supermart, 2) SBI Life, 3) GSK Cons, 4) HUL, 5) Nestle, 6) Berger Paints, 7) Bajaj Finance. The portfolio is made of 2 Long Only systems...
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@SOVITCMT
Sovit Manjani - CMT
2 years
Technical analysis Journey had started 10 years back at the age of 36, Mastered it, mentoring it. Now may be it's time to more on. A new journey begins from today, following my another old passion starting learning at the age 46. Does age really matters, may be after 💯 years.
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@SOVITCMT
Sovit Manjani - CMT
4 years
It's a great honor speaking tomorrow at 2:30 PM on Fortitude Trading Strategy based on Relative Strength Comparison, Volatility & Volume Compression for a huge cause of charity for #Covid_19 on a big event like (Register Now Free) with legends like
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@SOVITCMT
Sovit Manjani - CMT
3 years
The team behind @AlgoConvention 2021, although many are Missing in this picture, we wish to meet them soon. #AlgoConvention 2022 to be offline with much bigger audience till then enjoy our free webinar series #Qunatsact and subscribe to our YouTube channel
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@SOVITCMT
Sovit Manjani - CMT
3 years
Dravyaniti's "Kinetic" Strategy has become the highest deployed Algo on the Public Algo Market Place "TradeTron", Keep Calm Invest in Kinetic : @technovestor @Deejaytweets @aalap5
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@SOVITCMT
Sovit Manjani - CMT
4 years
It's my dream that an Indian Technician becomes worlds richest person. Till now neither an Indian nor a technician has been able to do that. But I know it's possible and it will happen one day.
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@SOVITCMT
Sovit Manjani - CMT
6 years
If one has lost money in past 6 months, he needs to work more on himself rather than pushing the markets. Markets are the same for all, each person is different and so is the P & L.
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@SOVITCMT
Sovit Manjani - CMT
2 years
Out of 1809 Stocks Listed in NSE (National Stock Exchange) as of Today 20/06/2022 9 Stocks i.e. 0.50% are down by 80% 483 Stocks i.e. 27% are down by 50% 1657 Stocks i.e. 92% are down by 20% Those who do not have an exit plan or have been buying on dips must be in severe pain
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@SOVITCMT
Sovit Manjani - CMT
3 years
Anything that costs you your peace is too expensive.
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@SOVITCMT
Sovit Manjani - CMT
5 years
@SJosephBurns Myself, not because I am the best, but because if I perform I will earn but if I don't, then I will learn, both ways I win.
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@SOVITCMT
Sovit Manjani - CMT
3 years
9 Days dedicated with I, me and myself (No Mobile, No Books, No laptop, No Gadgets) from 21-Jan-22 to 29-Jan-22 for Maha Satipatthana Sutta Course, at DhammaGiri, Igatpuri, Maharashtra, India
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@SOVITCMT
Sovit Manjani - CMT
5 years
Do not correct a fool or he will hate you. Correct a Wise man and he will appreciate you.
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@SOVITCMT
Sovit Manjani - CMT
2 years
Amazing experience at Vipassana Dhammagiri Satipatthana course Metta to all... May all beings Be Happy, Be liberated.
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@SOVITCMT
Sovit Manjani - CMT
3 years
Had a quality session of experience and wisdom by ketan Bhai and his team on Habits a winning Traders, lots and lots of learnings, priceless experience...
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@SOVITCMT
Sovit Manjani - CMT
2 years
The process of hanging my boots has started, glad to see new blood is much more enthusiastic, mindful, innovative & fearless.I was a lot more selfcentred, now am open to share my learning & deligate authority as I shall perish slowly but surely.The old shall make way for the new
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@SOVITCMT
Sovit Manjani - CMT
3 years
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading ~ @VicSperandeo Mr. Victor Sperandeo will be speaking at the Algo Convention 2021 Register at 20th to 22nd August 21
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@SOVITCMT
Sovit Manjani - CMT
3 years
Only 2 hours left 4 @AlgoConvention Hindi, starting talk will by @SubhadipNandy followed by @gautam_icma & @vivbajaj , Post lunch comes @jyotibudhia & @PrateekLearnapp , @Deejaytweets chips in post Tea break with concluding talk by @shubham_quant , Register
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@SOVITCMT
Sovit Manjani - CMT
4 years
Buy Pullbacks, Not Breakouts! Here is a glance from the Dow Award winner & Chairman of The Connors Group, @LarryConnors1 on Seven Ways To Build Superior Trading Strategies at from @AlgoConvention 2019 Register at 2 to 4 Oct 2020
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@SOVITCMT
Sovit Manjani - CMT
2 months
@SJosephBurns 4, as to eat one will fry them and to fry one has to break the eggs.
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@SOVITCMT
Sovit Manjani - CMT
5 years
Money is put on the Jockey not on the Horse, same way Money should put on the Executor not on the Strategy.
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@SOVITCMT
Sovit Manjani - CMT
2 months
Those who are open to learn can learn from a dog, some cannot learn even from a saint.
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@SOVITCMT
Sovit Manjani - CMT
5 years
I am getting an extremely bad feeling about the market, we may get a very big move in next 2 days on the down side, longs pls be aware...
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@SOVITCMT
Sovit Manjani - CMT
4 years
Vipassana Meditation is a way of self-transformation through self-observation.
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@SOVITCMT
Sovit Manjani - CMT
5 years
Thanks a lot @CMTAssociation for making our day at the India Summit with opportunity to meet legends and market wizards like Anthony Saliba, @Ralph_Acampora , @jdekempenaer and @martin_pring , unforgettable moments, unlimited learnings, Friends, Co-traders, and much more.
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@SOVITCMT
Sovit Manjani - CMT
3 months
TradingView is currently one of the best charting and backtesting platforms around the world. It offers advanced charting tools, real-time data, direct trading with Indian brokers, and a thriving community to interact and learn from. However, none of this means anything to a
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@SOVITCMT
Sovit Manjani - CMT
4 years
Dedicated to all the Speakers, Guest, & Participants of 2019, we have uploaded the pictures of your memories at . This time we shall meet online with even higher enthusiasm. This pandemic shall not stop us. Chala Chal Musafir... @technovestor @SubhadipNandy
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@SOVITCMT
Sovit Manjani - CMT
5 years
If you don't fight for what you want, don't cry for what you lose.
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@SOVITCMT
Sovit Manjani - CMT
2 months
I'm a trader in my 40s. I've been trading for over 10 years. I'm still far away from mastering the game. Have patience, and trust the process. ❤️🙏
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@SOVITCMT
Sovit Manjani - CMT
5 years
Amidst people all around talking and creating options Strategies I foresee immense opportunity in long only cash Strategies after almost 1 yr & 9 months of bear phase. Nifty still making higher highs higher lows despite of Midcap Smallcap carnage. Breadth improving significantly
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@SOVITCMT
Sovit Manjani - CMT
20 days
Vipassana, an ancient meditation technique, has transformed countless lives over the centuries. One story that stands out involves a young woman named Maya. Maya had always felt a deep sense of restlessness and dissatisfaction with life. Despite outward success, she couldn't
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@SOVITCMT
Sovit Manjani - CMT
1 year
I am excited to share my interview with The Economic Times. I talk about my journey from an accountant to a trader, and how Vipassana helped me stay calm when I faced 45 sessions of losses in 2018-20. You can read it here:
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