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  Michael Steinhardt’s Guidance for Investment Michael Steinhardt is the author of the book No Bull: My Life In and Out of Markets Which investors prefer to read for long time investment success. The book gives an account of some of the investment strategies that drove Steinhardt’s historic success as a hedge fund manager, including a focus on his skills as an industry analyst and an exemplary stock picker. The book also reveals Steinhardt’s exceptional ability to spot when to trade against the prevailing market trend, a talent that resulted in many of his greatest successes. Investment Strategy Steinhardt thought like a long-term trader but used his insights to make short-term strategic trades. “I really shorted a lot. I liked shorts. I felt far more gratification from making money on the short side than from the long side, which is a very dangerous thing because the short side is so tough,” he said in his book. Steinhardt’s six golden rules of investing. Let’s have a look. Make ...
  Mitesh Sir's EXPIRY Option Selling 101: • What to look for? • Strike Selection & Ratios • SL mgmt • Avoiding freezes • Monthy Expiry • Event days • How he would have traded last expiry? Edward de Bono says intelligence is like a Automobile “A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.” What Mitesh_Engr Sir looks at for Expiry Trading: • Technicals of BNF • Individual Heavyweight stocks of BNF • Support/Resistance of BNF on weekly TF • Also has Superb SL management • When it comes to adjustments, he is always on toes How to Select Strikes to Sell? • You can't sell based on premium • Follow only trend • Price action is best to sell on expiry day • Never wait for the options to go to zero Using Ratios to Sell: • If BNF is in a range then strangles • If breakout/ breakdown from a range then directional • Selling 70/30 or 80/20 ratios • 2 examples on how he used ratio...