I’ve done it before, most people do it. It’s a common fault of trading.
Do you hop from strategy to strategy?
Can’t find consistent results?
Here's a step by step plan to fix that
👇👇👇
I’ve done it before, most people do it. It’s a common fault of trading.
What do I mean by works?🧐
I mean something that has been PROVEN and BACKTESTED to be profitable✅
What’s the average risk/reward ratio?
If there’s no way to define those numbers, you are gambling 🎲
You first need to understand YOUR style of trading. Are you able to hold onto positions for a long time? Or do you prefer getting in and out within minutes?
Are you able to take some drawdown while in your trades? Or you like to be in profit instantly?
Successful traders don’t use multiple strategies. They focus on one strategy/setup that works for them.
Use the answers from Step 1 to pick your style (Scalping, swing trading, futures, options, etc.)👇
For this step you will need to pick your strategy. How will you get in? How will you get out?
Do you use indicators? Look at order flow? Options flow? Supply/Demand?
Find your strategy and create a specific set of rules as to how it operates.
If you need help finding a strategy, check the pinned tweet to my profile. It’s the strategy that’s allowed me to trade full time for the past 3 years 💸
This is the time where you see if your strategy works. Win rate? R/R?
The most important part is seeing if your strategy is PROFITABLE in the long run
If your strategy is profitable, then trade it! ONLY trade that one setup and watch the results come in over time ⏳
If your strategy isn’t profitable… repeat step 3.
OR… 👇
More from FT Trading┃Stock Trader
Trading is about mastering ONE setup
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
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
More from All
You May Also Like
#sculpture #story -
Chandesha-Anugraha Murti - One of the Sculpture in Brihadeshwara Temple at Gangaikonda Cholapuram - built by Raja Rajendra Chola I
This Sculpture depicts Bhagwan Shiva along with Devi Paravathi blessing Chandeshwara - one of the 63 Nayanmars.
#Thread
Chandeshwara/Chandikeshwara is regarded as custodian of Shiva Temple's wealth&most of Shiva temples in South India has separate sannathi for him.
His bhakti for Bhagwan Shiva elevated him as one of foremost among Nayanmars.
He gave importance to Shiva Pooja&protection of cows.
There are series of paintings, illustrating the #story of Chandikeshwar in the premises of
Sri Sathiyagireeswarar #Temple at Seinganur,near Kumbakonam,TN
Chandikeshwara's birth name
is Vichara sarman.He was born in the village of Senganur on the banks of River Manni.
His Parent names were Yajnathatan and Pavithrai.
Vichara Sarman was a gifted child and he learnt Vedas and Agamas at a very young age.
He was very devout and would always think about Bhagwan Shiva.
One day he saw a cowherd man brutally assaulting a cow,Vichara Sarman could not tolerate this. He spoke to cowherd: ‘Do you not know that the cow is worshipful & divine? All gods & Devas reside in https://t.co/ElLcI5ppsK it is our duty to protect cows &we should not to harm them.
Chandesha-Anugraha Murti - One of the Sculpture in Brihadeshwara Temple at Gangaikonda Cholapuram - built by Raja Rajendra Chola I
This Sculpture depicts Bhagwan Shiva along with Devi Paravathi blessing Chandeshwara - one of the 63 Nayanmars.
#Thread
Chandeshwara/Chandikeshwara is regarded as custodian of Shiva Temple's wealth&most of Shiva temples in South India has separate sannathi for him.
His bhakti for Bhagwan Shiva elevated him as one of foremost among Nayanmars.
He gave importance to Shiva Pooja&protection of cows.
There are series of paintings, illustrating the #story of Chandikeshwar in the premises of
Sri Sathiyagireeswarar #Temple at Seinganur,near Kumbakonam,TN
Chandikeshwara's birth name
is Vichara sarman.He was born in the village of Senganur on the banks of River Manni.
His Parent names were Yajnathatan and Pavithrai.
Vichara Sarman was a gifted child and he learnt Vedas and Agamas at a very young age.
He was very devout and would always think about Bhagwan Shiva.
One day he saw a cowherd man brutally assaulting a cow,Vichara Sarman could not tolerate this. He spoke to cowherd: ‘Do you not know that the cow is worshipful & divine? All gods & Devas reside in https://t.co/ElLcI5ppsK it is our duty to protect cows &we should not to harm them.