General Trading Chat

*Best explanation I have read about the corona virus*
: Feeling confused as to why Coronavirus is a bigger deal than Seasonal flu? Here it is in a nutshell. I hope this helps. Feel free to share this to others who don’t understand...

It has to do with RNA sequencing.... I.e. genetics.

Seasonal flu is an “all human virus”. The DNA/RNA chains that make up the virus are recognized by the human immune system. This means that your body has some immunity to it before it comes around each year... you get immunity two ways...through exposure to a virus, or by getting a flu shot.

Novel viruses, come from animals.... the WHO tracks novel viruses in animals, (sometimes for years watching for mutations). Usually these viruses only transfer from animal to animal (pigs in the case of H1N1) (birds in the case of the Spanish flu). But once, one of these animal viruses mutates, and starts to transfer from animals to humans... then it’s a problem, Why? Because we have no natural or acquired immunity.. the RNA sequencing of the genes inside the virus isn’t human, and the human immune system doesn’t recognize it so, we can’t fight it off.

Now.... sometimes, the mutation only allows transfer from animal to human, for years it’s only transmission is from an infected animal to a human before it finally mutates so that it can now transfer human to human... once that happens..we have a new contagion phase. And depending on the fashion of this new mutation, thats what decides how contagious, or how deadly it’s gonna be..

H1N1 was deadly....but it did not mutate in a way that was as deadly as the Spanish flu. It’s RNA was slower to mutate and it attacked its host differently, too.

Fast forward.

Now, here comes this Coronavirus... it existed in animals only, for nobody knows how long...but one day, at an animal market, in Wuhan China, in December 2019, it mutated and made the jump from animal to people. At first, only animals could give it to a person... But here is the scary part.... in just TWO WEEKS it mutated again and gained the ability to jump from human to human. Scientists call this quick ability, “slippery”

This Coronavirus, not being in any form a “human” virus (whereas we would all have some natural or acquired immunity). Took off like a rocket. And this was because, Humans have no known immunity...doctors have no known medicines for it.

And it just so happens that this particular mutated animal virus, changed itself in such a way the way that it causes great damage to human lungs..

That’s why Coronavirus is different from seasonal flu, or H1N1 or any other type of influenza.... this one is slippery AF. And it’s a lung eater...And, it’s already mutated AGAIN, so that we now have two strains to deal with, strain s, and strain L....which makes it twice as hard to develop a vaccine.

We really have no tools in our shed, with this. History has shown that fast and immediate closings of public places has helped in the past pandemics. Philadelphia and Baltimore were reluctant to close events in 1918 and they were the hardest hit in the US during the Spanish Flu.

Factoid: Henry VIII stayed in his room and allowed no one near him, till the Black Plague passed...(honestly...I understand him so much better now). Just like us, he had no tools in his shed, except social isolation...

And let me end by saying....right now it’s hitting older folks harder... but this genome is so slippery...if it mutates again (and it will). Who is to say, what it will do next.

Be smart folks... acting like you’re unafraid is so not sexy right now.

#flattenthecurve. Stay home folks... and share this to those that just are not catching on.

Sent from my Redmi 4A using Tapatalk
Right you are, though according to CDC, the deaths due to seasonal flu are much higher : 22-55000 !
https://www.cdc.gov/flu/about/burden/preliminary-in-season-estimates.htm
 

AJK

Well-Known Member
@AJK There you go! Some action, finally. :)

Sebi tightens rules on short selling, raises margins on non-F O stocks to curb volatility - http://www.ecoti.in/yJDlyb

this is not because of me sir, it was inevitable... i just foresaw it can happen for the greater good. thanks

Edit: this is what market regulators are for.. they did a great thing i'd say, by curbing unwanted burden of huge shorts. some says short selling is necessary to provide liquidity. i think yeah liquidity would be there, but on the sell side. these companies are assets for us, they have nothing to do with a natural disaster like this pandemic.. why should they pay for it despite having taken enough steps on their managerial levels to contribute to the economy?
 
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this is not because of me sir, it was inevitable... i just foresaw it can happen for the greater good. thanks

Edit: this is what market regulators are for.. they did a great thing i'd say, by curbing unwanted burden of huge shorts. some says short selling is necessary to provide liquidity. i think yeah liquidity would be there, but on the sell side. these companies are assets for us, they have nothing to do with a natural disaster like this pandemic.. why should they pay for it despite having taken enough steps on their managerial levels to contribute to the economy?
did u ever complained when shorters short these companies and covered later at higher price due to short covering or wrong decision by them for loosing money ..
 
and today 26k+ .. so better to watch this number topping out to see mkt bottom out regarding this corona issue ?
but who knows what next / may be Russia attack Aramco?
10k +20%=12k
12k+20%=
and today 26k+ .. so better to watch this number topping out to see mkt bottom out regarding this corona issue ?
but who knows what next / may be Russia attack Aramco?
TODAY 30K .. So at this rate in another 60 days whole world will be infected .. go corona go
 

AJK

Well-Known Member
did u ever complained when shorters short these companies and covered later at higher price due to short covering or wrong decision by them for loosing money ..
sir, i'm sorry to hear your loss. last few days Nifty was around a reasonable support level, so you should have taken precautions... i was not thinking about the small traders like us, but the huge hands. yeah, sometimes it can matter when there'd be only sellers... i was thinking these unnatural huge shorting can put undeserving depreciation on companies, the aftereffects of which could be a large number of NPAs in the long run.
 
sir, i'm sorry to hear your loss. last few days Nifty was around a reasonable support level, so you should have taken precautions... i was not thinking about the small traders like us, but the huge hands. yeah, sometimes it can matter when there'd be only sellers... i was thinking these unnatural huge shorting can put undeserving depreciation on companies, the aftereffects of which could be a large number of NPAs in the long run.
sir .. when i told i shorted ???.. i just expressed my view ..when rule fixed and game started then changing the rule as per game position is not fair ..
 
I'm not sure if increasing FNO margins is the right way of curbing the shorts. These are derivatives, after all. What about curbing short selling in the equities. Maybe they should, for the duration, allow the traders to sell only from the demat.
 

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