Rattibha

That could've, would've, should've feeling when you see stocks go without you?🚀
It's not going away🙅‍♂️
BLDP was a textbook theme stock and made a 600% move after Qullamaggie first entry in Oct '19
He missed most of the gains
37 lessons I learned from this trade👣 👇

1️⃣ IDENTIFY THEMES
A 3-star setup in a 🔥 hot theme is better than a 5-star setup in a ❄️ cold theme ⭐️
If you identify a hot theme early, you can take some speculative trades 💪📈

2️⃣ TRADE LOW LIQUIDITY STOCKS
For most of us, 💰 liquidity shouldn't be an issue 🔄
Don't handicap yourself by only trading super liquid stocks 📊
Use your small account to your advantage 💪💼

3️⃣ CREATE THEME WATCHLISTS
In order to identify 🔥 hot themes, you need to have theme watchlists 📋
You can either use industry watchlists 🏭 or create your own 🖌️

4️⃣ PYRAMID INTO POSITIONS
Contrary to Qullamaggies' on-stream advice, he tends to pyramid into positions 📈
This can very effectively increase your position size, without increasing your risk ✅

5️⃣ REVISIT YOUR BACKWATCHLIST
👀 Keep an eye out for previous runners or stocks you have put in your backwatchlist 📈
📈 Stocks that have made big moves before tend to do the same later 🚀

6️⃣ YOU WILL BE STOPPED OUT. OFTEN.
Getting stopped out is just part of the game 🎮
But it doesn't get any less annoying 😩

7️⃣ DONT DISMISS A STOCK IF IT STILL HAS A VALID SETUP
Being stopped out repeatedly sucks 😕
But seeing a stock go without you because you dismissed it sucks even more 😔📈

8️⃣ TRADING IS FRUSTRATING
Even for triple digit traders, trading can be really frustrating 😖
Having good coping mechanisms is really important 🧘‍♂️🌟

9️⃣ START THE DAY WITH BLANK SHEETS
Know your history, but don't let it emotionally affect you 📚💭
Even if a stock has been really frustrating for you, don't become emotionally invested in it 💼💔

This is a long thread. Consider bookmarking the first tweet for later review 📚🔖

🔟 YOU WILL BE SHAKEN OUT
Intraday pullbacks will happen ⬇️
Stick to your stops 🛑
Don't even think about not obeying them ❌🙅‍♂️

1️⃣1️⃣ TRADE PRE-MARKET
Contrary to on-stream advice, you can and should trade pre-market 🌅
Just make sure you know how to execute 📊💼

1️⃣2️⃣ ADJUST YOUR STRATEGY TO THE STOCK
Non-institutional-grade stocks should be treated differently than institutional-grade stocks 📊
Don't use a one-size-fits-all strategy 🛠️🔄

1️⃣3️⃣ KNOW YOUR SELL RULES
"Sell after 3-5 days" is not a sell rule. It's a broad generalization 📅
You have to have sell rules which you have confidence in 📉📈

1️⃣4️⃣ STRENGTH WITHIN THEMES
Always pay attention to who's the leader in the groups 🏆📊

1️⃣5️⃣ BE PREPARED FOR BIG SWINGS
Theme stocks make huge moves, both ways 🚀📉
Be prepared and don't panic when it happens ⚡️🧘‍♂️

1️⃣6️⃣ TRADE OF LEVELS
Pre-market levels are meaningful ⏰
They can be used for both stops and entries 🛑📊

1️⃣7️⃣ DIVERSIFY IF YOU MUST
Should you buy a lot of one stock in a theme, or should you buy a little in many stocks in a theme? 📈📉
It depends on your strategy and risk tolerance.
If you can, you should consider putting all your buying power in the leader of the theme 🏆

1️⃣8️⃣ MARKET CONDITIONS ARE IMPORTANT
Adjusting your rules according to market conditions is crucial 📈📉
Rules don't apply universally across all market conditions 🔄📊

1️⃣9️⃣ AGGRESIVELY DEFENSIVE
It's not just about making profits 📈
It's equally important to focus on not losing them 🛡️💰

Glad you're finding these threads helpful! If you appreciate them and want more, consider showing your support by liking and retweeting the first tweet 🙏🔁
Thank you for the support! ❤️

2️⃣0️⃣ YOU WILL MISS OUT
Even the best traders will miss out on gains at times 📈
It can be frustrating and disappointing 😔
But it's part of trading.
You have to learn to live with it or consider alternative pursuits if it becomes too difficult to handle emotionally 💪🔍

2️⃣1️⃣ DON'T USE TARGETS
You're in the business of trading, not anticipating or guessing 📊💼
No one knows for certain where a stock will go 🤷‍♂️
Don't try to predict the unpredictable

2️⃣2️⃣ TRADE MANAGEMENT IS IMPORTANT
Entering correctly is important ✅
But managing your trade correctly is equally important 🔄📊

2️⃣3️⃣ BE HAPPY WITH WHAT YOU HAVE
It could be worse 👐
You could have nothing 🙏💰

2️⃣4️⃣ FOMO GETS THE BEST OF US
You may end up doing some foolish things in trading 🤦‍♂️
Just make sure you do those foolish things when you can afford the potential consequences 💰💡

2️⃣5️⃣ USE INTRADAY CHARTS
If you can pay attention to the market intraday, utilizing intraday charts can be beneficial in managing your trades 📊⏰

2️⃣6️⃣ LISTEN TO THE MARKET
Listen to what the market is telling you 📊👂
Don't overcomplicate things. Just do what the market tells you to do 📈💡

2️⃣7️⃣ RHYTHM AND REASON
There's rhythm and reason to how stocks move 📈🎵
Your job is to listen 📊👂

2️⃣8️⃣ A FEW MORE DAYS
Allow stocks to tighten up for a few more days ⌛️
It requires patience, but it can make your equity curve look pretty 📈✨

2️⃣9️⃣ A SMALL LOSS IS BETTER THAN A BIG LOSS
Keep your losses small 😅💰
Even if it's frustrating 😫
The alternative is a lot worse 📉🔥

If you're interested in getting all the screenshots and notes in high resolution, let me know in the comments below! 📷📝 👇

3️⃣0️⃣ PARTICIPATE IN HOT SECTORS
Even if you don't like a setup, you should try to get a decent entry if it's in a hot sector 🔥

3️⃣1️⃣ USE WEEKLY CHARTS
Stocks can look a lot better on the weekly charts than on the daily

3️⃣2️⃣ LOCK IN PROFITS
No one has ever gone broke by locking in profits 💰💼

3️⃣3️⃣ ALWAYS CONSIDER A REBUY
Keep an eye on stocks that have moved in the past 📈🔍
Consider rebuying them even if they have stopped you out previously 🔄💡

3️⃣4️⃣ KNOW YOUR SETUPS
You shouldn't have to ask others what rating to give a setup 🤔📊

3️⃣5️⃣ IF IT'S A SHORT IT'S PROBABLY A SELL
If a stock looks like a short candidate, it's probably time to sell it 📉📉

3️⃣7️⃣ FOLLOW YOUR RULES
You have rules for a reason 📏✅
Most of us are not skilled enough to know when to break them 🛠️🔒

I'm getting the content for these tweets from my own studies, but it takes time to format and make these threads 🧵
If you find them useful, let me know by retweeting the first tweet!
May the trades move in your favor! 📈

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