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The secrets of Elon Musk's success

 Work like you're in Hell" Elon Musk often works from 80 to 100 hours a week. Excessive persistence greatly increases the chances of success. If others are working 40 hours and you are working 100 hours, in 4 months you will achieve what it will take them a whole year to achieve and you will be at an advantage. "Explained by Musk." Take risks in your youth. Musk advises taking risks, especially while still young. He explains this by saying that as one ages, the number of responsibilities increases, so it's best to take risks early, while there is still no family and children. Be kind. Tesla and SpaceX. Elon Musk earned $180 million by selling his startup PayPal. This money was enough to buy a house and live securely for the rest of his life. But Elon Musk invested this money into his next companies: Tesla and SpaceX. 100 million dollars in SpaceX. 70 million dollars in Tesla. 10 million dollars in Solar City. Don't be afraid of failure. It is interesting that...

What is IKIGAI and how to find it.

 Fable. Once in a small Japanese town, a woman was dying. At some point, she felt her soul leaving her body, ascending upwards, and appearing before the spirits of her ancestors. A loud voice asked her, "Who are you?" "I am the mayor's wife," she replied. "I'm not asking who your husband is. Answer me, who are you?" "I am a mother of four children. I am a teacher at a school." "Did I ask you how many children you have or where you work?" And it continued until she said: "I am the one who wakes up every day to help her family and teach children at school." After that, she returned to her body and the illness receded. She found her ikigai. Ikigai. The Japanese concept of "ikigai" is quite difficult to translate unequivocally, but it can be roughly deciphered as "what gives life meaning, what makes us wake up every morning with joy". In other words, Ikigai is an elegantly compact Eastern definition of ...

How to live easily? Learn to simplify

  Probably, every person has experienced a feeling of complete hopelessness, a state of despair, depression, and meaninglessness of their existence at least once in their life. In such moments, usually, the hands drop by themselves, nothing wants to be done, and nowhere wants to be gone. Familiar? These thoughts visit each of us at certain moments in life. And the question arises: what to do about it? How to get out of this state safely? With ease! 1. There is nothing harder than becoming lighter. Have you ever met people who easily handle their problems, are cheerful, energetic and full of joy? You probably thought that ease is an innate quality of their character, and that it is impossible to intentionally become the same way. But in fact, being happy also requires practice. The ability to be happy requires training. It is a conscious choice of a person. It is not easy, but it is possible. It consists of acquiring the ease of being, the ability to detach oneself from problems. ...

What is Backtesting Software?

  What is Backtesting Software? Backtesting software tests the effectiveness of a trading or investment strategy employed in the past and helps estimate its future performance. Also, based on the backtesting code in the software, simulation runs on a trading strategy using historical data from financial instruments like options, stocks, and more. Moreover, the returns on the model are tested across different market conditions and datasets. Additionally, institutional investors and money managers can change different trading strategy variables and compare the viability of trading strategies to select the one that works best on historical data. Also, with this, traders can get information on potential net profit/loss, market exposure, volatility, risk-adjusted return, and return without risking capital.

What is Forex Backtesting?

  What is Forex Backtesting? Forex backtesting is a kind of trading strategy that is based upon historical data where the traders utilize past data to find out how a strategy would have performed. It is done using backtesting software where a set of various technical rules are applied to the historical data of price. After that, a detailed analysis is done of the returns that a Forex strategy might have generated during a particular period.

What is Option Backtesting?

  What is Option Backtesting? Option backtesting is very similar to stock backtesting, except that it tests a chosen set of criteria for trading options. Like with stock backtesting, you also get detailed reports consisting of executed trades, drawdown, risk-reward ratio, compounded return, winning percentage, and more. Options backtesting is a great way to estimate the performance of your option trading strategy and ensure that you implement the correct strategies with real money so that you can make informed decisions. To test option strategy, you can use reliable testing backtesting software to find the best option trading strategy for you. By S A Barbhuiya

What Is Stock Backtesting?

                   What Is Stock Backtesting? Stock backtesting is a process that tests if a chosen set of fundamental or technical criteria for trading stocks has been profitable in the past. Moreover, you get detailed reports consisting of executed trades, drawdown, risk-reward ratio, compounded return, winning percentage, and more to check the effectiveness of your trading strategy. By  S A Barbhuiya

Will Nifty continue sideways movement on Thursday? See GIFT Nifty, FII data, F&O, crude, and more before market opens

    GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued opening on Thursday. Here is all you need to know before the market opens. GIFT Nifty was up 7 points, or 0.03%, at 23,521.50 indicating a muted start for the domestic indices NSE Nifty 50 and  BSE Sensex  on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 42 points or 0.18% lower to finish at 23,516, while the BSE Sensex gained 36 points or 0.05% to finish at 77,338. The Wall Street or US markets were closed on Wednesday on account of the Juneteenth holiday. It closed a record high on Tuesday as Nvidia’s shares were on a winning spree and marched to new highs, surpassing the  market  cap of  Microsoft . The S&P 500 added 0.25% to settle at 5,487, closing at a fresh record. Similarly, the tech-heavy Nasdaq Composite moved 0.03% higher to end at 17,862.23. The Dow Jones Industrial Average rose 56.76 points, or 0.15%, to end at 38,834.86....

Hardik Pandya-Natasa Stankovic divorce rumours: What are alimony rules for working women in India?

  Recent rumors of a potential divorce between cricketer Hardik Pandya and model Natasa Stankovic have grabbed public attention, highlighting alimony in India. Some reports suggest Natasa may seek a substantial amount in alimony, though neither has confirmed the divorce or alleged settlement terms. Alimony, or spousal support, is a legal obligation for a partner to provide financial assistance to their spouse upon separation or divorce. Alimony has been seen as a means to support wives who have sacrificed career opportunities and financial independence for the sake of marriage and family. However, as more women pursue education and employment, the landscape is evolving.In India, alimony or spousal support is determined by several factors, regardless of whether the recipient is a working woman. Key laws governing alimony include the Hindu Marriage Act, Special Marriage Act, Indian Divorce Act, Muslim Women Act, and Parsi Marriage and Divorce Act. Courts consider various factors in a...

Despair for Nepal as South Africa remain unbeaten with final-ball triumph

Nepal knocked out of the ICC Men's T20 World Cup as South Africa maintain their unbeaten status in a thriller. Heinrich Klaasen pulled off a run out from the final delivery to help South Africa remain unbeaten at the ICC Men's T20 World Cup and knock Nepal out of contention for a spot in the Super Eights with a thrilling one-run triumph over the Asian side in St Vincent on Friday. Nepal needed two runs for victory from the final ball to keep their hopes alive of reaching the Super Eights and Klaasen kept his cool to run out Gulsan Jha at the non-strikers end as the match appeared headed to a Super Over. It was a cruel way to finish for Nepal, who were the better side for much of the thrilling contest as their spinners dominated with the ball to reduce South Africa to 115/7 and their top-order looked in control in reply when they reached 85/2 in the 14th over and the required rate well within reach. But South Africa spinner Tabraiz Shamsi (4/19) turned the game the Proteas' ...

How to back test Option Trading Strategy for free

    10  years before when I wanted to backtest a simple trading system, I need to write tons of code with charting tools like Amibroker. Another problem is getting the historical data, cleaning the data and back testing the logic with multiple parameters, all these would consume more time and effort. Now thanks to the rise in no code platforms where back testing has been made very easy with a click of a button. In this article, we will see how to back test a option trading strategy without any cost using a platform called  https://algotest.in  The design is almost exactly same as well know platform called  www.stockmock.in  where you can back test index option with nominal fee.  You can even back test strategy using stop loss based on underlying index movement. The  1% Short straddle bot  which is designed to make profits on range bound markets without using any fixed stop loss into the system, if Bank Nifty moves +1% or -1% from 9:30 AM...

AlgoTest Vs StockMock

  Feature Algotest StockMock Backtesting Yes Yes Forward Testing (Paper Trading) Yes No Live Trade Yes No Strategy Builder Yes (FREE) Yes (Paid) Option Simulator Yes (FREE) Yes (Paid) Backtesting speed Ultra-fast Fast Number of indices supported 6(Nifty, BankNifty, Finnifty, Nifty Midcap, Sensex, Bankex) 5(Nifty, BankNifty, Finnifty, Midcap, Sensex) Number of brokers integrated 20+ None Realtime Customer Support Yes No Stock Backtest Yes No Positional(Backtesting) Yes Yes BTST(Backtesting) Yes No Leg wise SL & lock profit feature No No Indicator-Based Strategies(Stocks) Yes No Straddle and Strangle Charts Yes(FREE) Yes(Paid) Margin calculator Yes No M2M Graph Yes No Individual leg target, stop-loss, and trailing stop-loss Yes Yes MTM target, stoploss and trailing stoploss Yes Yes Lock profit, trail profit, and lock + trail profit Yes yes Entry by premium Yes Yes Move stoploss to cost/ Trail SL to breakeven Yes Yes Simple Momentum/ Wait and Trade Yes Yes Re-entry  Yes Yes U...

Bullish Flag chart patterns.

  Implication A Flag (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Description A Flag (Bullish) follows a steep or nearly vertical rise in price, and consists of two parallel trendlines that form a rectangular flag shape. The Flag can be horizontal (as though the wind is blowing it), although it often has a slight downtrend. The vertical uptrend, that precedes a Flag, may occur because of buyers' reactions to a favorable company earnings announcement, or a new product launch. The sharp price increase is sometimes referred to as the "flagpole" or "mast". Figure 7: Flag (Bullish) The rectangular flag shape is the product of what technical analysts refer to as consolidation. Consolidation occurs when the price seems to bounce between an upper and lower price limit. This might occur, for example, in the days following a positive product announcement, when the excitement is starting to subside, and fewer buyers are willin...