Top 7 Things You Must Do Differently to Achieve Massive Success as a Trader by Jesse Stine

(Jesse turned $46,000 into $6.8M in 28 months, netting him a return of 14,972%)

🧵👇

Learn How to Sell

🔹 "Most investors spend 99% of their time studying what to buy and when to buy it."
🔹 "If you don't become passionate about the art of selling, you might continually lose a majority of your gains."
🔹"Fear is NOT a profitable sell signal"
Focus on Weekly and Monthly Charts

🔹"Smart money billion dollar hedge funds and institutions base their buy and sell decisions almost exclusively on longer-term weekly and monthly charts."

To make big money, we have to know what big money is doing.
Wait Until Everything Lines Up

🔹"There's only one way to put yourself in a position to hit a grand slam. Wait, wait, & wait some more until most of the technicals line up in your favor. By waiting until EVERYTHING lines up, your odds of massive success go through the roof."
Invest on an Island

🔹"Ignore the noise and make your own decisions."
🔹"By eliminating all the 'noise', you open up the possibility of massive success."
Buy Individual Stocks, not Mainstream ETFs or Mutual Funds

🔹"To beat the market, spending time on specific stocks is critical for your success."
Become Obsessed with Charts

🔹 "Your only focus should be on making money from increasing PRICES. Unlike many others, your goal should never be to feel 'all warm and fuzzy' about a fundamentally strong company that you have great love for."

Price pays. Opinions don't.
Become a Sentiment Stud

🔹"As you master your emotions, you'll find yourself buying boredom and fear, and selling euphoria."
🔹 "The investors making billions are the ones who are buying hand-over-fist during each global crisis. They are buying fear. They were the ones selling all of their holdings when the news was most euphoric."
Key Takeaways:

▪️ Learn how to sell
▪️ Focus on the weekly/monthly time frame
▪️ Wait for your pitch
▪️ Remove distractions & noise
▪️ Focus on individual names
* Obsess over charts
▪️ Understand sentiment
If you want to read more of his work, here is a link to his book 👇

https://t.co/YhmLlllgFj
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I strongly believe that writing down your strategy especially if you are a new trader/investor will lead to improved and more consistent performance in the stock market.

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Preparing ahead of time is essential so that in the moment you are just executing your plan.

This is the best way to stay in the game for the long haul
How to time the market (thread)

There is the old saying that “Time in the market beats timing the market” The chart below from Dr. Wish’s @WishingWealth presentation at the @TraderLion_ conference shows that to be false.

Full presentation:
https://t.co/o2f21GBXci


The green line is unattainable realistically, however, missing volatile times during corrections yields better performance than buy and hold and we can aim for the green line.

Investors usually only show the gray and red results.

More

There are many strategies for investing/trading in the stock market operating within different timeframes and with different objectives.

That is of course what creates a market and opportunity. Timing the market may not be what works for you or what fits your goals/lifestyle.

However, everyone involved in the market is here to make money over time and corrections can cause huge drawdowns in the high alpha names negating incredible performance during strong market uptrends.

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