Last week @Trendmyfriends hit 50k followers.
Here are 20 tweets of his we can learn from for free.๐งต
Here are 20 tweets of his we can learn from for free.๐งต
Value at Risk (VAR) & 6 Important Pillars of Trading Set-up.
Conditions for 52 weeks high/low trading strategy.
4 set-ups he always follows.
Trader 1 - Mean Reversion Trader
Trader 2 - Breakout Trader
Be either one of these, don't trade in between.
Trader 2 - Breakout Trader
Be either one of these, don't trade in between.
Buy/Sell
1. ATH/ATL
2. 52 weeks H/L
3. 50 days H/L
Stop-loss based on VAR
Daily/Hourly 10.2
1. ATH/ATL
2. 52 weeks H/L
3. 50 days H/L
Stop-loss based on VAR
Daily/Hourly 10.2
2 set-ups to play failed gaps.
Best technical indicator he follows.
Don't discuss tops and bottoms. It's time-wasting, doesn't work and we lose money. He's saying by his experience.
Words to avoid while trading.
"Buy whatever goes up, sell whatever goes down."
Which stocks to buy in a strong performing sector?
During consolidation in index, if a stock breaks out from 52 weeks or life high then buy it for a good reward.
If you break rules and discipline it's going to be game over. The same thing happened with Jesse Livermore.
Don't trade after a big win or a big loss.
Experience has no value if you keep making the same mistakes.
24 points to read.
These are golden.
These are golden.
6 points to help you before an event.
How you can play via options.
How you can play via options.
How to know if you're good/bad at managing trades?
By 9:30 if a stock is up or down by 2% and if it breaks high/low can buy/sell with day high/low as stop loss for a big move.
Learn well from this compilation and let me know other accounts you want threads on.
As always, happy learning! ๐๐ค
As always, happy learning! ๐๐ค
Loading suggestions...