Authors FT Trading┃Stock Trader
Or find options that move 1,000% in a single day/week?🤯
I made a thread going over exactly how I find these stocks BEFORE they take off 🚀
So, let's start with the software I use…
Finviz!! Finviz is a free website that I use to scan for stocks.
They have a lot of other cool features as well, but I only use their scanner.
Head on over to finviz and go to the screener
Click on the “All” tab on the top and put in the criteria in the next tweet
This is the first scan that I use for bullish swing setups
✅Vol over 400k
✅Price > $20
The next scan I use is the opposite of the first one.
✅Quarter +10% to -10%
✅Week Down to Week up
This is my bearish scan for swing setups. 👇
Here are the top tools I use as a full-time trader🧵
Before you read this, please RT the first tweet above this.
There's room for everyone to make 6 figures in 2022 and I want this to reach everyone that aspires to do so🙏
Here we go 👇
1. Tradingview - @tradingview
Tradingview is the main charting platform I use.
It’s very clean and easy to use.
Also free for anyone wanting a basic charting platform with all the best features👏
2. Thinkorswim - @thinkorswim
Thinkorswim is an amazing charting platform similar to tradingview.
Everything is free and the possibilities are endless with this platform.
The main reason I love it?
The ability to chart individual options👇
3. TD Ameritrade - @TDAmeritrade
TD Ameritrade is the best overall broker in my opinion.
Customer service is great, commissions are low, and you have free access to thinkorswim.
Can’t be better than that🤌
I’ve learned a lot through my time trading.
Here’s a thread going over my exact trading strategy
As well as some helpful tips/tricks.
My trading strategy revolves around three things:
1. Supply and Demand
All are important and essential for my trade setup.
Supply and Demand: What is it?
Supply and Demand zones are areas of price where institutional buying or selling is taking place. These zones are key because price is likely to reverse at these zones since institutions want to defend or add to their position.
To find these zones, you want to look at the SPEED of price action. Supply/Demand zones are formed when price moves FAST from an area. Look for wicks or long body candles.
How to draw zones?
To draw these zones, you take the top of the body or wick of the candle PREVIOUS to the explosive candle and draw it down to the bottom. Extend the zone and there it is. (Knowing whether to use the wick or top of the body will take experience)
Here's the ONE reason why you're supply/demand strategy isn't working: 🧵
Supply/Demand zones don't work by themselves.
You can't just buy every demand zone and sell every supply zone, otherwise the price would just wedge the whole time
Eventually one side has to break....
The key is following trend
Meaning you should only be buying demand zones that TAKE OUT the corresponding supply zone
It shows that demand exceeds supply
Buyers are stronger than sellers
Let's take a look at an example👇
You can see that price failed to take out the corresponding high (supply zone)
This shows that sellers are still in control so you DON'T want to be buying at this demand zone
Demand is able to take out the previous supply zone (swing high)
This shows buyers are in control, so you want to be buying demand zones
Here are 5 things you NEED to master to grow your trading to $10k per month🚀
1. Trading a Proven System
Trading with a winning and proven system is key to consistency in the markets 🔑
In order to scale to $10k/month, you’ll need to have a strategy that can make you $1k/month🎯
Consistency is the most important aspect for growing a trading account, and a proven strategy will help you get there👇
2. Controlling Emotions
Trading is a marathon, not a sprint. If you go from using $5k for each trade, to using $50k for each trade, your emotions will play a role.
You CANNOT trade with money that you aren’t willing to lose 🙏
Slowly build your account by increasing your size each week 🦥
Going from $1k - $10k shouldn’t be overnight❌
It should take months for that to happen so you are COMFORTABLE trading with a bigger size✅
yet the majority of traders are using it WRONG
Here's how I used volume to make 6 figures trading last year:🧵
We all know the classic volume tips that we were told in the penny stock era...
Wait for a run up, then look for a pullback on LOW volume to get an entry
This isn't how you should be looking at volume...
First, let's start with what do I mean by volume
# of shares?
I look at the volume BARS
The key is to look at relative volume compared to the previous candle bars
Low volume bars don't matter
The secret is in the high volume bars
Because high volume bars indicate REVERSALS (in most cases)
Take a look at $SPY
Notice the volume on each bottom?
read this first👇
During the beginning of my trading journey, there were many times where I thought of giving up.
The first year I really was committed.
Then towards the second year, I really started thinking, “Is this really for me?”
I knew I had a strong passion for trading.
It’s what kept me in the game for so long.
But after 2 years of losses, I thought maybe I was meant for another business.
But there was always that “What if” thought running through my head.
What if I’m right there?
What if tomorrow starts the day where I become consistently profitable?
That thought never left…
It wasn’t until I found Supply and Demand Trading.
It changed the game for me.
It simply just made sense.
I cut out all the useless indicators I was using and started studying.
Slowly but surely, it started working
Can’t find consistent results?
Here's a step by step plan to fix that
Before we dive into how to fix it, we need to understand WHY we do this.
I’ve done it before, most people do it. It’s a common fault of trading.
The reason we do this is because we don’t have the confidence in a strategy that actually works.
What do I mean by works?🧐
I mean something that has been PROVEN and BACKTESTED to be profitable✅
For example, you may be trading inside day breakouts. What is the win% of that strategy?
What’s the average risk/reward ratio?
If there’s no way to define those numbers, you are gambling 🎲
Now we have addressed the problem.
Let’s get into how we fix it👇
Here’s how I found the stocks to trade✅
For the small account challenge, I focus on scalping options for a quick 10-30% gain. I always have $SPX on my watchlist, as it is my focus for this challenge. Then every morning I go through a list of specific stocks to see if any of them are moving/gapping.
I'll take a look at… $AAPL, $AMZN, $BA, $FB, $ROKU, $SHOP, $NFLX, $MSFT, $TSLA, $NVDA, and $AMD. These are all just stocks that have solid options volume and I have played them a lot in the past.
I am always looking for where the momentum is. If none of those stocks are gapping up/down strongly then I don’t look at them. I want to see which stocks are moving fast and have good options volume. Here’s what I’ll do next👇
I will go to https://t.co/C2Ol1qiopJ and look for the gap ups and gap downs list. Then, I will look for stocks that are higher priced (above $100 is best but not too important) and gapping in a certain direction.
Here's a premarket routine coming from a full-time trader:
I usually start my routine at 8:00am EST.
The first thing I do is check $ES and $NQ futures to see how the market moved overnight.
After that, I'll check to see how my open swing positions are if I have any
I'll also check the swing watchlist that I make every weekend
To see if any setups are getting close to my entries
Here’s how I did it 👇
Before we dig into the strategy breakdown, let’s first look at the results
In 10 trading days, I turned $500→ $2,200 with only ONE of those days resulting in a loss💰
Out of 11 trades, only 2 of them were losses💪
I had an 81% win rate. Not too shabby right? 😆
To see my daily results (proof), search my name on twitter with the tag #SAC
Ok, let’s breakdown the strategy now👇
For this challenge, I focused on scalping options using my institutional levels💰
(I will have more info on how I find institutional levels in the future)
My goal everyday was to get a quick 10-30% gain and then get out🏃♂️
For the most part, I succeeded in that. There were only a few times where I got greedy and went for a higher % gain
This strategy made it so I was done for the day in usually an hour after market open⏳
10 hours MAX of “work” led to ~$1,700 in profit 🔥
It can be used in all types of trading
Here's a breakdown of what it is and how I made close to $2,000 using it👇
Balance Theory is based upon the thesis that stocks are either trading in "balance" or out of "balance"
So what exactly is balance?
Balance can also be considered fair value. A price area where buyers and sellers are both comfortable trading.
You will see a balance area in zones where price is typically choppy.
You should be able to see clear support and resistance areas.
Here's an example on $BA
So how do we use this in our trading?
There's 2 ways that a stock will react to balance.
I'll go in depth on both.
The first one is a breakout👇
A breakout of balance is fairly simple.
Price is in fair value. Over time, one side (either the buyers or sellers) has to give up and the stock breaks out of balance.
It's no different than any other breakout.
Here's the example on $BA
and gave away everything I know in this one thread
Here are 30 of the most valuable threads you'll find on twitter:🧵
Before I start, it would mean a lot to like + RT the tweet above
I spent hours of my time writing all of these for you asking for nothing in return
Now let's DIVE IN👇
1. How to scale in and out of trades
Ever let a winning trade turn red?— Jordan F\u2503Stock Trader (@FT__Trading) May 31, 2022
Or see price take off as soon as you cover your position?
Here's EXACTLY how I scale in and out of positions to stop THAT\U0001f446 from happening (from a full-time trader):
2. The one reason your supply/demand strategy isn't
I've been trading full-time for the past 3 years using my supply/demand strategy— Jordan F\u2503Stock Trader (@FT__Trading) June 1, 2022
Here's the ONE reason why you're supply/demand strategy isn't working: \U0001f9f5 pic.twitter.com/10s05zWd36
3. How I use volume in my
99% of traders look at volume...— Jordan F\u2503Stock Trader (@FT__Trading) June 2, 2022
yet the majority of traders are using it WRONG
Here's how I used volume to make 6 figures trading last year:\U0001f9f5 pic.twitter.com/ynNV2gt3aL
But learning what a real structure break is can take months...
So here's a thread on how to identify a break of structure:👇
A structure break is simply when price breaks a pivot high/low
But there are a few rules that help determine if that break is a real BOS
Because the opposite of a BOS is a stop hunt
Let's first go over what a stop hunt is.
A stop hunt is when price takes out a pivot and immediately reverses.
Here's an example on $NQ
Stop hunts are typically wicks and result in a strong move in the opposite direction
A break of structure is simply the opposite
And can be comprised of 2 different rules:
After price breaks a pivot, look for continuation in that direction
You'll also want to see price stay above the pivot line
Here's an example on $TSLA
Here's a complete guide to everything you should know about trading
Before I dive in, do me a favor and retweet the tweet above this one.
I want everyone to win in 2022, and a like/RT will help someone out there who really needs it🙏
LET'S DIVE IN👇
How to Scan for stocks whose options move over
Ever wonder how traders get in stocks before they explode? \U0001f9d0— FT Trading\u2503Stock Trader (@FT__Trading) October 27, 2021
Or find options that move 1,000% in a single day/week?\U0001f92f
I made a thread going over exactly how I find these stocks BEFORE they take off \U0001f680
My EXACT Strategy breakdown in a brief
I\u2019m a full time day/swing trader for a living.— FT Trading\u2503Stock Trader (@FT__Trading) October 20, 2021
I\u2019ve learned a lot through my time trading.
Here\u2019s a thread going over my exact trading strategy
As well as some helpful tips/tricks.
The Top Tools every trader should
Ever wonder what the best tools for trading are? \U0001f528— FT Trading\u2503Stock Trader (@FT__Trading) December 28, 2021
Here are the top tools I use as a full-time trader\U0001f9f5
1) Relative Strength
Watch which stocks are green while the market is red
Institutions are most likely buying those up
2) Less is more
If you disagree with this, you're probably not a profitable trader
Take 1/2 the amount of trades you normally do and see what happens
3) The Market Doesn't Care About Indicators
You really think the funds putting millions of dollars into the market are "buying off a 9 ema"???
Get rid of your indicators
Just watch price and volume
4) Sell Options
Market makers, funds, banks, pretty much everyone other than retail is on the opposite side of your weekly OTM option
Collect premium and make money every week
And I'm giving you the one that turned me into a profitable trader FREE...
Take 2 mins out of your day to learn my EXACT setup:🧵
This setup is involves a few elements but is mainly comprised of the idea "change in trend"
I'm simply waiting for confirmation of a trend change and then taking advantage of it
Here's the breakdown:
First, I need to identify trend.
This step is simple. Is price making higher highs? Higher lows?
Once trend is established, I wait to see a CHANGE IN TREND
For example, in a downtrend I may see a higher high form.
That's the first sign of a change in trend
Price was able to break the structure of the previous higher low.
Indicating the first sign of a trend change.
If you don't know how to identify a break of structure, read this (after finishing this
Adding market structure to your trading could literally turn you into a $10k/month trader— Jordan F\u2503Stock Trader (@FT__Trading) June 9, 2022
But learning what a real structure break is can take months...
So here's a thread on how to identify a break of structure:\U0001f447 pic.twitter.com/4J1ywQK1FO
Here's 10 tips I'd tell my younger self:
1. Focus on the process
The money will come. Stop worrying about how much money you made today
Focus on how much work you're putting in
How many hours are you studying charts?
Inputs > Outputs
2. Journal your trades!
I didn't start doing this until about a year in of trading.
It helped TREMENDOUSLY
You'll learn a lot about how you can improve and stop you from making the same mistakes
3. Listen to others
Don't be listening to the random on Twitter who just started out
But if someone with experience and a professional in their field gives you advice...
They know something you don't.
4. Stop Full Porting
Trading is not a "get rich quick" business.
It will take time.
Even with a $500 account, learn to use risk management and the money will come
Here's how to stop overtrading and get rid of your trading addicition:🧵
The first key to stop overtrading is establishing a set of rules
Create a set of rules so you know when you SHOULD stop over-trading
It can be based on $ gain/loss or just the amount of trades taken
Either way, there needs to be a written list you can follow
The second key is having a hobby.
Something you can do once you've stopped trading
It could be...
-Talking to a friend
As long as you have SOMETHING you can do everyday after trading
It should help you out
A 600% return
Here's how you can turn typical 10% returns into 200%+ using long term options:
Let's not waste any time and get right into it👇
Long Term Options are simply a way to "invest" on a more aggressive way
There's a specific strategy that I use to pick stocks for long term options, but first...
let's talk about WHICH options to select:
With typical swing trades I always prefer going ITM.
Not the case for LEAPS.
With longer term options, I love going OTM
Decay isn't that much a factor and you'll be paying less per contract since leaps are already pretty expensive
Depending on the stock, I'd recommend going 20-30% OTM of the current share price
This is pretty loose, but the main concept to recognize is that you want the contracts to be ITM within 6 months
There will be a point where decay will kick in and for that you'd want to be ITM.
If you aren't sure about the strike, then go more ITM. It's always better to get closer to ITM then OTM.
Okay, let's move onto date to expiry: