Nimai Jhunjhunwala
302 posts
Nimai Jhunjhunwala
@NimaiAJ
Cofounder - Ikiquant Technologies Pvt Ltd Ex Head- Algo trading Desk, Sykes and Ray Equities India Ltd. Options trader. Student of the Market.
Mumbai, India Katılım Ağustos 2019
304 Takip Edilen1.6K Takipçiler
@itsAdityaT You need to understand that the biggest gainer from an elevated crude price is the US.
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@NimaiAJ Bhai US ke log 200-250 bol rahe the. how was that even sustainable
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@abhiraj2589 @saketh1998 The key to trading overnight options is primarily on exposure basis and manage the risk accordingly. All Greeks and strats are secondary when in particular trading positional options.
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@saketh1998 Overnight risk in options is underestimated.
Not because it’s complex
but because most people don’t measure it properly.
Been building a portfolio VaR model to get a clearer picture of exposure.
The insights have been… interesting.
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The last financial year (FY 24–25) wasn’t particularly great for me.
But this one feels different. Unlike previous years, I’ve spent little to no time actively sitting in front of the screen trading.
From options to equities to hedging, everything is now systematised.
Even today, most of my time goes into figuring out how to stay ahead rather than focusing on execution.
Saketh R@saketh1998
FY 26 Performance Net Returns: 37% Equities: 17% Portfolio Hedge: 5% Options: 15% Verified P&L Base account (30L): Equities: verify.thefirstock.com/?id=2059529272… Options: verify.thefirstock.com/?id=2102484572… Equity returns had done quite well, but a significant portion was lost during the recent fall since January.
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Nimai Jhunjhunwala retweetledi
Welcome to the new regime.
Forget #STT — the impact cost itself is ~10 Nifty points (~0.05%).
Add STT, charges, and slippage… friction becomes the biggest trade.
But who cares?
Collect more tax, make traders unprofitable, then blame them for being “speculators.” 😡😭😭
#Nifty #Futures #Trading
Discipline TrendFollower@SouravSenguptaI
Sorry but true Breakeven for 1 lot nifty is 14 point from 1st April Welcome to trading jungle 🙏🙏 In February I wrote this 👇 **“F&O is not #Satta, @nsitharaman ma’am. Best brains, institutions and probably the world’s best algos and systems operate in this market — not only in India but globally. Calling it satta is unfortunate when the same activity is facilitated through regulated exchanges. It hurts market efficiency and demotivates the entire ecosystem.”** Today I can only add this: Costs are steadily going up — through regulations, funding constraints, margin rules, impact cost and multiple policy changes. Sorry state of affairs, but as traders we are largely helpless. Still — I love my country. 🇮🇳🙏 #stt #zerodha #brokerage
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Today everyone you see is an intraday expiry option seller using Prop desk through an illegal setup.
Still there's time to stop this.
Trade with your own money else don't trade at all.
Never use leverage.
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If you are seeing these huge intraday spikes in weeklies, you should know Illegal Prop desks are responsible for this.
They heavily promoted intraday trading using stupid conclaves and made everyone do option selling with stupid straddle selling algos lmao
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@itsAdityaT 99.999999999% of the people in this country don’t even know what’s dollar depreciation and a lot of those who know, only check the rate when travelling abroad.
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Its dumb to invest in Mutual funds to make 10% cagr in 10 years.(not accounting for rupee depreciation)
Gold, Corporate bonds and various other bonds can easily make you 10% cagr or more without the volatility of equity markets
Don't listen to these mutual fund snakeoil sellers
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Can’t be better written!
Shankar Sharma@1shankarsharma
The perfect day to re-read what I wrote a while ago. The article that esteemed @iRadhikaGupta then alluded to, calling it " click bait". Reality is: What's happened last 2 years is the largest wealth transfer in the history of wealth transfers. With the active connivance of Wealth/ asset managers, F:&O brokers, finfluencers, fin media. The narrative from every Lallu panju was " This time it's different". After 44 years of doing this, baccha party, lemme tell you: It's never different. Only the ones who lose, are change each time. In our time, we made the gora F2s lose to us Roadless Locals. But this time, the F2s have won at the expense of Roadless Locals. And that's creating a giant macro crisis. Read. Reflect. Rotate "How India created a generation of brainwashed investors. And the macro disaster this has created" moneycontrol.com/news/opinion/h…
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@Bijay_reborn Idiots like me and you, who trade, earn and hv to pay tax no matter what. Even pay tax from the already taxed income and then more tax on that twice taxed income.
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All the freebies were financied by cheap crude !!! Now what ??? The bill will be paid by whom ???
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This is my property tax bill breakup. The compound has no water supply from the @mybmc since its construction but they continue to charge us "WATER TAX" and "WATER BENEFIT TAX". Now this property is designated to be illegal and is at the infamous Campacola compound. Amazing!
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@ashumadan4 @RBI Retail does the volume in this country and commits serious capital in the markets right? The only people who pay taxes on profits earned thru derivatives and levered products are props. Now the government can further cut down it's target for taxes from this industry. Save retail!
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Retail trader or Retail investor never had any access to Prop trading. Though many will not like or support but @RBI circular on lending for prop trading is a very positive step curbing skewed advantage to few and creating fair universe for all.
Yes
- It will effect liquidity
- it will effect capital market earnings
- it will effect banks earnings
#retail
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@itsAdityaT I think you've lost it so just stop tweeting for a bit. You need a break.
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@vivbajaj The clear policy outlook seems to be sacrifice the market and market makers and save the country.
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1. Increase STT to reduce derivative trades.
2. Decrease leverage from banks for firms trading derivatives.
3. Decrease MTF exposures in market for brokers.
While all steps may look favorable to retail investors it is definately not in favor of market makers who have been building market for decades.
Finally illiquid market will give more power to manipulators and foreign firms with low cost of capital to play the game.
We will realise the impact in future. For example, STT in cash market has not helped the growth of market ecosystem. It shifted the investors to derivatives.
The real problem still remain unaddressed : Access of Derivatives to Retail.
Hoping to see lesser number of retail losing money due to such actions.
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Nimai Jhunjhunwala retweetledi
No one thugs like the Finance Minister, the Prime Minister & the govt of India.
She is asking us to pay 35% income tax and take loans from her to build house and kids education.
She doesn't stop there.
Pay tax in India & take health treatment & higher education outside by LRS.
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@chartians In dollar terms we're the worst performing market
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470 Days of Bear market 🇮🇳
This video still haunts !
There is no replacement to FII/FPIs.
Apart from overvaluation, liquidity & other concerns - the biggest block is LTCG/STCG & STT !
Let’s hope that we get some relief ?
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@SantoshPasi Is Mr Pasi in there or no? If not im not reading the book
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The Little Book of Giant Traders
notionpress.com/in/read/the-li…
Get ready to learn from the best!
'The Little Book of Giant Traders' by Shishir Asthana ji shares valuable insights into the world of Indian traders, covering the winner's mindset, psychology, risk and money management.
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