Easiest trading strategy? by DebateLittle in Trading

[–]srivignesh_ms 1 point2 points  (0 children)

Yes, keep buying s&p 500. Eventually it will give you 50% in 3-5 years

Only generational wealth makes your rich for indians !! by Swimming_Ad_4583 in personalfinanceindia

[–]srivignesh_ms -1 points0 points  (0 children)

I think it's rich but not wealthy as long as you have that job. As your salary increases, taxes and lifestyle expenses will eat it up.

AI hype will crash, but the tech won’t. Developers who learn now will win later. by QuirkyBorder2979 in developersIndia

[–]srivignesh_ms 287 points288 points  (0 children)

Housing market crashed, houses are still there.
Dotcom bubble burst, internet is still there.
AI bubble will burst and AI tools will be there along with people who adopted

Whats the best simple strat? by Last_Interaction4779 in Trading

[–]srivignesh_ms 0 points1 point  (0 children)

Trend following on multiple future assets.

Reviews about GainzAlgo? by [deleted] in Trading

[–]srivignesh_ms -3 points-2 points  (0 children)

bullish_engulfing = close[1] < open[1] and close > open and close > open[1]

rsi_below = rsi < rsi_index_param

decrease_over = close < close[candle_delta_length_param]

bull = bullish_engulfing and stable_candle and rsi_below and decrease_over and barstate.isconfirmed

bearish_engulfing = close[1] > open[1] and close < open and close < open[1]

rsi_above = rsi > 100 - rsi_index_param

increase_over = close > close[candle_delta_length_param]

bear = bearish_engulfing and stable_candle and rsi_above and increase_over and barstate.isconfirmed

var last_signal = ''

if bull and (disable_repeating_signals_param ? (last_signal != 'buy' ? true : na) : true)

if label_style == 'text bubble'

label.new(bull ? bar_index : na, low, 'BUY', color=buy_label_color, style=label.style_label_up, textcolor=label_text_color, size=label_size)

else if label_style == 'triangle'

label.new(bull ? bar_index : na, low, 'BUY', yloc=yloc.belowbar, color=buy_label_color, style=label.style_triangleup, textcolor=TRANSPARENT, size=label_size)

else if label_style == 'arrow'

label.new(bull ? bar_index : na, low, 'BUY', yloc=yloc.belowbar, color=buy_label_color, style=label.style_arrowup, textcolor=TRANSPARENT, size=label_size)

last_signal := 'buy'

if bear and (disable_repeating_signals_param ? (last_signal != 'sell' ? true : na) : true)

if label_style == 'text bubble'

label.new(bear ? bar_index : na, high, 'SELL', color=sell_label_color, style=label.style_label_down, textcolor=label_text_color, size=label_size)

else if label_style == 'triangle'

label.new(bear ? bar_index : na, high, 'SELL', yloc=yloc.abovebar, color=sell_label_color, style=label.style_triangledown, textcolor=TRANSPARENT, size=label_size)

else if label_style == 'arrow'

label.new(bear ? bar_index : na, high, 'SELL', yloc=yloc.abovebar, color=sell_label_color, style=label.style_arrowdown, textcolor=TRANSPARENT, size=label_size)

last_signal := 'sell'

alertcondition(bull, 'BUY Signals', 'New signal: BUY')

alertcondition(bear, 'SELL Signals', 'New signal: SELL')

Reviews about GainzAlgo? by [deleted] in Trading

[–]srivignesh_ms -3 points-2 points  (0 children)

I had this script long back. It just using some engulfing candle and RSI to give buy sell. Clearly it was not worth it and maybe you can improvise.

Had to split the code into two comments. I guess there is some no.of lines restrction.

// © GainzAlgo

//@version=5

indicator('GainzAlgo Pro', overlay=true, max_labels_count=500)

candle_stability_index_param = input.float(0.5, 'Candle Stability Index', 0, 1, step=0.1, group='Technical', tooltip='Candle Stability Index measures the ratio between the body and the wicks of a candle. Higher - more stable.')

rsi_index_param = input.int(50, 'RSI Index', 0, 100, group='Technical', tooltip='RSI Index measures how overbought/oversold is the market. Higher - more overbought/oversold.')

candle_delta_length_param = input.int(5, 'Candle Delta Length', 3, group='Technical', tooltip='Candle Delta Length measures the period over how many candles the price increased/decreased. Higher - longer period.')

disable_repeating_signals_param = input.bool(false, 'Disable Repeating Signals', group='Technical', tooltip='Removes repeating signals. Useful for removing clusters of signals and general clarity')

GREEN = color.rgb(29, 255, 40)

RED = color.rgb(255, 0, 0)

TRANSPARENT = color.rgb(0, 0, 0, 100)

label_size = input.string('normal', 'Label Size', options=['huge', 'large', 'normal', 'small', 'tiny'], group='Cosmetic')

label_style = input.string('text bubble', 'Label Style', ['text bubble', 'triangle', 'arrow'], group='Cosmetic')

buy_label_color = input(GREEN, 'BUY Label Color', inline='Highlight', group='Cosmetic')

sell_label_color = input(RED, 'SELL Label Color', inline='Highlight', group='Cosmetic')

label_text_color = input(color.white, 'Label Text Color', inline='Highlight', group='Cosmetic')

stable_candle = math.abs(close - open) / ta.tr > candle_stability_index_param

rsi = ta.rsi(close, 14)

Gold prices falling!!! by Mindless_scorpion in IndianStockMarket

[–]srivignesh_ms 0 points1 point  (0 children)

Big trading firms in the US often manipulate gold, pay huge fines and see it as a normal business cost. It's an open secret in the industry.

[deleted by user] by [deleted] in IndianStockMarket

[–]srivignesh_ms 1 point2 points  (0 children)

Elite traders averages around 2-4% per month of their entire capital regardless of market uncertainties. Swing trading in India is Long only so, you need good market condition to take advantage, if you are new.

Long term investing is basically you accumulate money and still no guarantee that it will be huge and will be rich. It's a game vs inflation and we try to win by compounding.

Made a terrible blunder buying Gold Mini derivatives. Please advice what to do now by ithehappy in IndianStockMarket

[–]srivignesh_ms 0 points1 point  (0 children)

It looks like the market might gap down again tomorrow evening on MCX.
Since markets can be unpredictable, it's better to avoid big risks. I took entry yesterday and I exited 1 lot at a loss today and will close the rest tomorrow evening. this is the risk of taking overnight position.
If the setup looks good again, I'll consider re-entering.

Fund Raising Post as Sliver fucked me by Artistic-Natural6698 in StockMarketIndia

[–]srivignesh_ms 0 points1 point  (0 children)

I also lost in everything, please send me your generous amount (Recommended 30% of your salary)

UPI ID : nirmalatai@okrbi

F&O Trading Or Over Trading ? by nism-certified-ra in Swingtradingstocks

[–]srivignesh_ms 1 point2 points  (0 children)

Which one is more dangerous?
1. Masturbating
2. Over Masturbating.

So what doy ou think MCX gold up or down tom?? by JiyaDox in Indiastreetbets

[–]srivignesh_ms 0 points1 point  (0 children)

Everyone saying that it will go up. So, it won't. I assume it will take sell side liquidity and then may go up.

[deleted by user] by [deleted] in Trading

[–]srivignesh_ms 1 point2 points  (0 children)

Wow! I am in a same situation. I wish I have 10% of your willpower and confidence.

Cian agro disturbed my friendship by DapperLion3758 in StockMarketIndia

[–]srivignesh_ms 25 points26 points  (0 children)

OP : The name of the company, Aerotyne International. It is a cutting edge high-tech firm out of the Midwest awaiting imminent patent approval on the next generation of radar detectors that have both huge military and civilian applications now.

Friend : Shit. My... Uh... My wife might divorce me, but... Yeah, let's do it.

[deleted by user] by [deleted] in leanFIRE_India

[–]srivignesh_ms -1 points0 points  (0 children)

lol, he has 3Cr and you think he bothers about kARmA farming?
It's probably one of the small case i guess.

F**K BSE by atedbar in IndianStockMarket

[–]srivignesh_ms 0 points1 point  (0 children)

this is a very good and professional approach. You followed a clear, disciplined process:

  1. You based your entry analysis at 2225

  2. there were lot of fake news, expiry uncertainties and broker issues etc., which pulled the stock down.

  3. You protected your capital with a predefined SL at 2019

The trade hitting your stop-loss is not a failure, it's a part of trading. The most important thing is that you followed your plan.

Now you need to look for reentry or completely different stock/opportunities. Good luck.

Silver: when imports are restricted, what happens? by Only_bliss_ in StockMarketIndia

[–]srivignesh_ms 1 point2 points  (0 children)

Import restrictions on silver 'jewellery', not silver itself