BC TRADERLION
Saved by @SeekerHari

The market’s best investors have made millions from the simple saying:

“Buy right, sit tight”

Sounds simple - but what does “buying right” even mean?

Use TraderLion's 10-Step Ultimate Guide to buying right 👇

 By the end of this thread, you'll know how to:

1. Build an objective list of buy criteria
2. Have 10+ real world examples to study
3. Increase your win rate.
4. Increase your profitability

Let's dive in!
Buy Rule #1: The General market must be in an uptrend.

3 out of every 4 stocks follow the market trend both to the upside and to the downside.

This means that if you are buying a breakout in a downtrend, it already has a 75% chance of failing!
It doesn't matter if the stock is in a leading group with an impressive RS line and strong fundamental story.

At the end of the day, market direction is the MOST important factor!

Here's an excerpt from How To Make Money In Stocks by stock market legend William O'Neil:
Here's another video by @richardmoglen that will help you determine if the stock market is in a downtrend:

https://t.co/shD5OjkP6s

Let's move on to #2.
@RichardMoglen Buy Rule #2: The stock itself is in an uptrend.

Just like the general market, we want the stock to be in an BEFORE we go to purchase it.

This will ensure that we are not trying to swim upstream against a current of massive sellers.
@RichardMoglen How do we determine if a stock is in an uptrend?

✅ It is above its 10, 21, 50, and 200-day moving averages
✅These moving averages have a positive slope
✅ The stock is forming higher highs and higher lows

That's it! Keep it simple.
@RichardMoglen Here are some current examples of stocks in uptrends:

$OXY
$DVN
$HDSN
$SLVM

We want to jump on for the ride as stocks in longer term uptrends break out after a short term base/consolidation.
@RichardMoglen Buy Rule #3: The base of the stock in question matches one of O'Neil's well known basing structures.

William O'Neil studied the greatest winners in stock market history & found that the biggest winners had a recognizable basing structure BEFORE they made their massive runs.
@RichardMoglen Before purchasing, ask yourself if the stock you are about to buy fits into one of these base structures:

✅ Cup with Handle
✅ Cup without Handle
✅ Double Bottom
✅ Flat Base
✅ High Tight Flag (HTF)
✅ IPO Base
✅ Ascending Base
✅ Square Box
@RichardMoglen If you want to know more about these bases, here's a thread we did on the topic 👇

https://t.co/cxsTs0pLTb
@RichardMoglen Buy Rule #4: The stock in question must have a prior uptrend (unless it is an IPO) of at least 20%.

This is a simple rule. We are simply looking to see if the stock has been accumulated before.
@RichardMoglen Stocks that are under accumulation will usually find themselves under accumulation again in the future after a period of proper of basing.

Here are some examples:

$CHGG
$COUP
$SHOP
$EBAY
@RichardMoglen Buy Rule #5: Tight price action prior to the breakout attempt

It is very important for a stock to show volatility contraction before going to make a breakout attempt.

Why? Keep reading & we'll tell you 👇
@RichardMoglen · Tight price action before breakout allows us to DEFINE OUR RISK.
· Tight price action before breakout shows institutions are tightly holding stock, another key point for the retail investor.
· Tight price action tells us sellers are being absorbed.
@RichardMoglen Here are some great examples of stocks that got incredibly tight before they broke out 🔎

$CDLX
$BLD
$INMD

* A good clue to look for before a breakout occurs is an inside bar. This chart pattern tells us price is about to break - one way or the other.
@RichardMoglen Buy Rule #6: Uptrending RS line that confirms the break out by LEADING price higher.

This rule is nuanced but nevertheless very important.

At all points in our hunt for the best buy, we want our stock to be showing relative strength compared to the general mkt.
@RichardMoglen What you should be looking for in terms of the RS line when the stock breaks out:

✅ RS Line slope is bottom left to upper right, the stronger the better
✅ RS breaks out before price does (best case scenario)
✅ RS breaks along with price (still strong)
@RichardMoglen Here is a presentation by @jfahmy given at the 2021 Virtual Trading Conference covering all things Relative Strength. 👇

https://t.co/6wXjPeT4N5
@RichardMoglen @jfahmy We have another video from @RichardMoglen covering how to pick stocks by using a technique called the Relative Strength Phase 👇

https://t.co/WBHLjAhjOX
@RichardMoglen @jfahmy Buy Rule #7: The Stock is in a leadership group.

Nearly 50% of a stock's move is correlated to its respective industry group.

This means that if you're purchasing a stock in hopes of it being a big winner, you must have the industry group strength behind the move.
@RichardMoglen @jfahmy This is one of the key elements that Stan Weinstein, the author of Secrets for Profiting in Bull and Bear Markets, looked for.

Considering two stocks, and all else being equal, choose the one in the stronger group.

His Forest to the Trees approach:

https://t.co/xQJNB0otGr
@RichardMoglen @jfahmy Buy Rule #8: Volume requirements 👇

At the very least, your stock should be trading at least 400,000 shares on average over the past 20 sessions & be over $10.

This tells us that the stock is a liquid name that institutions can position in.
@RichardMoglen @jfahmy Additionally, when your stock goes to breakout, it should be trading on at least 2x relative volume compared to the average over the past 20 sessions.

This tells us that demand is strong through the pivotal point - increasing the odds of a successful breakout.
@RichardMoglen @jfahmy Here are some examples of successful breakouts and their end of day volume:

$ARWR - 10x volume
$TWLO - 9x volume
$TTD - 12x volume
@RichardMoglen @jfahmy Buy Rule #9: Higher timeframes should be breaking out as well.

The higher the timeframe, the more impactful the move will be.

If you trade on a daily timeframe, it is important to see if price is breaking out on the weekly & monthly timeframes as well.
@RichardMoglen @jfahmy The ideal scenario is when the stock is in a strong uptrend on the monthly chart but has been basing for multiple months or weeks constructively.

Then the stock approaches the top of the base and breaks through pivots on both the daily, weekly, and monthly chart on volume.
@RichardMoglen @jfahmy Making sure you have longer timeframes in mind will help you determine the amount of overhead supply (or lack-thereof) & determine whether the stock you are going to purchase has a high likelihood of a strong breakout and trend!

Let's move on to our last rule!
@RichardMoglen @jfahmy Buy Rule #10: Lower time frames should also be breaking out.

If you normally trade on the daily timeframe, this means that a 65-minute, 30-minute, or 15-minute chart is also breaking out.

This ensures that all timeframes are in agreement and the short term trend is with you.
@RichardMoglen @jfahmy Just like on the longer timeframes, we want to see a period of lower volatility right before the breakout occurs on a lower timeframe.

This allows us to manage risk tightly, keeping our losses small if the stock fails to break out.
@RichardMoglen @jfahmy To sum it all up, every buy you make should satisfy the following 10 criteria:

1️⃣ General market is in an uptrend
2️⃣ The stock is in an uptrend
3️⃣ Well-known base
4️⃣ Stock must have prior uptrend
5️⃣ Tight price action prior to BO
@RichardMoglen @jfahmy 6️⃣ Uptrending RS Line
7️⃣ Stock is in a leadership group.
8️⃣ Volume requirements
9️⃣ Higher timeframe BO
🔟 Lower timeframe breakouts
@RichardMoglen @jfahmy Start implementing these rules into your buying techniques and you are sure to see...

· Increased Confidence
· More profits
· A Higher batting average
@RichardMoglen @jfahmy That's it!

If you enjoyed this thread:

1. Follow @TraderLion_ for WEEKLY threads on investing, the stock market, and more!
2. RT the tweet below to share this thread with your audience
3. Enjoy the rest of your weekend! 🦁 https://t.co/n35jYxCORa

More from TraderLion 🦁

TraderLion
TraderLion
@TraderLion_
How to identify the next Market Leaders (Thread)

After a basing/corrective period in the market, new merchandise will start to emerge and show itself as the market is setting up for another uptrend.

Some leaders from the previous run may continue their moves, but often it's the new leaders which will provide the most alpha.

So keep an open mind and search for the stocks that are standing out from the crowd with the strongest combination of superior price + volume action and fundamentals.

Here is how to find these next leaders:

First, market leaders by definition lead the market. They will often be making new price and relative strength highs as the market starts moving up from a potential bottom.

Keep an eye on Relative Strength Lines especially. A Relative Strength New High Before Price is a key Leadership Blueprint. For instance, $TSLA showed this characteristic before advancing 350% in 2020

The RS Line is calculated by the Price of the stock/ SPX
ALL , TRADERLION
TraderLion \U0001f981
TraderLion 🦁
@TraderLion_
The best traders in the world have made millions from one setup.

The setup? A breakout from a base.

But what do these bases have in common & what should you be looking for?

Here are the most important characteristics of a proper base, broken down one by one 🧵👇

By the end of this thread, you will:

✅Be able to identify the main characteristics of a proper base
✅Understand subtle clues of accumulation
✅Have access to 20+ real world examples

Let's get started! 👇

Proper bases all have the following characteristics:

▪️ Shallow Base Depths
▪️ Prior Uptrend of at least 20%
▪️ Early Stage Base
▪️ Daily & Weekly Accumulation Signatures
▪️ Relative Strength Periods

Follow along as we break down each aspect in greater detail below 👍

#1: Shallow Base Depths

Base depth is a key component of a proper base.

We measure a base's depth from the absolute peak to the absolute low.

Institutions are the major base builders in the market, & the shallower the base, the stronger the institutional hold in the name.

Here are some good criteria to keep in mind when analyzing bases:

< 20-30% off the highs = best
< 30-40% off the highs = good
< 40-50% off the highs = acceptable under certain circumstances
> 50%+ off the highs = avoid (with exception to some younger IPO names)
TRADERLION , ALL
Advertisement
TraderLion
TraderLion
@TraderLion_
How To Reach Peak Trading Performance (Thread)

Trading is you versus the Market. It’s a one on one battle with a system designed to take your money if you lack discipline and an identifiable edge.

To achieve success and be able to take on this opponent, you must conquer your own faults and work towards incremental improvement.

Learning to trade, analyze charts, and manage risk are skills that you can carry with you for a lifetime.

However before you can reach the performance phase and consistently capture alpha, every trader must go through learning phases.

Your journey begins as a rookie trader, thrust in the midst of a pitched battle between yourself and the market.
TRADERLION
TraderLion \U0001f981
TraderLion 🦁
@TraderLion_
4 Simple Steps to Avoid Downtrends 📉 (a thread)

🧵


1. Know the difference between an uptrend & a downtrend 📈📉

At TraderLion, we identify an uptrend as stocks/markets that trade ABOVE a RISING 21DSMA and 50DSMA.

A downtrend occurs when stocks/markets trade BELOW a downsloping 21DSMA/50DSMA.

Let's look at an example 👇

$QQQ from 2020 shows what an uptrend, downtrend, and even chop period looks like.


2. Know when it is really time to make money on the long side.

Swing Traders: when markets/stocks are above the rising 21D
Position Traders: when market/stocks are above the rising 50D

We can take this one step further by understanding what a Power Trend is 💪

The trend is really your friend when we have a Power Trend in the general indexes. A concept coined by the @IBDinvestors team, we must have the following:

✅ Low > 21ema for past 10 sessions
✅ 21EMA > 50SMA for at least 5 sessions
✅ 50SMA slope is positive
✅ Market closes up
TRADERLION
TraderLion
TraderLion
@TraderLion_
How To Find Market Leaders During Corrections (Thread)

Market pullbacks and corrections are a natural process that may feel painful at first, but they set the stage for new true market leaders to emerge.

During a pullback the first thing you want to do is protect your capital and manage risk. You should rank your holdings and cut the lowest quality first.

How to grade your holdings with @mwebster1971

Protecting your capital and naturally transitioning to higher cash levels keeps you focused and objective, allowing you to begin the fun part, the treasure hunt for the next uptrend’s golden opportunities.

During a correction, institutions take the market weakness as an opportunity to add to their highest conviction holdings. This support will show up in the price charts as stocks with promise buck the overall market downtrend.
ALL

More from Traderlion

Richard Moglen \U0001f4fd\ufe0f\U0001f981\U0001f6a2
Richard Moglen 📽️🦁🚢...
@RichardMoglen
The Importance of Trading Rules (Quick thread)

Last week I sent out this poll asking if people have a written


Over 60% of people said they did not have one.

It's now one of my main goals to get as many people as possible to commit to writing their own rules which codify their goals and methods.

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.

Trading the markets is a tough business, money is on the line and emotions can run high.

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
TRADERLION
Richard Moglen \U0001f4fd\ufe0f\U0001f6a2\U0001f981
Richard Moglen 📽️🚢🦁...
@RichardMoglen
In the fall of 2018, I signed up for a class called "Introduction to the Stock Market and Technical Analysis" taught by Dr. Eric Wish

This class changed my life.

Here are 10 Lessons Dr. Wish taught me from his over 50 Years of Trading.

(Thread)

Before this class I had absolutely no knowledge about investing, trading, or how to read a stock chart

Today, trading & studying the commonalities between the greatest performing stocks is my passion, and what I’ve spent the past 1000+ days focused on

Now onto the first lesson

Financial Literacy

The first lesson Dr. Wish taught me was the importance of overall financial literacy.

Roth IRAs, interest rates, budgeting, building credit the right way.

You need to master money management before thinking moving on to trading/investing.

Overall Strategy

Throughout the class, Dr. Wish repeated his trading mantra.

As you gain trading knowledge and experience, you'll appreciate the simplicity and depth of this one sentence:


Determine the Market Trend

The vast majority of stocks follow the overall trend of the market. This is why the mantra begins with “In a Rising Market”

"At least 50% of the whole game is the general market."

-William O'Neil
TRADERLION , MARKET TREND
Advertisement
Richard Moglen \U0001f4fd\ufe0f\U0001f981\U0001f6a2
Richard Moglen 📽️🦁🚢...
@RichardMoglen
An Introduction to Price and Volume Action (thread)

An understanding of price and volume action is essential for judging supply and demand characteristics. This allows you to determine whether a stock is under accumulation or distribution and find proper buy and sell points

This thread is not about memorizing candlestick patterns, but instead understanding how supply and demand create patterns over and over again. The Stock Market is an auction, and the large buyers and sellers leave clues for us to find within price and volume.

Let’s start with one price bar. I personally use OHLC charts but feel free to use what makes sense to you, they each present the same information. A single bar can represent a minute, 15 minutes, a day, or a year. The higher the timeframe the more meaningful the price move.


I view each bar as a match of tug of war between the buyers and the sellers. Buying pressure tries to pull the stock price up while selling pressure tries to pull it down. The winner is reflected in the closing range.
TRADERLION
Richard Moglen \U0001f4fd\ufe0f\U0001f981\U0001f6a2
Richard Moglen 📽️🦁🚢...
@RichardMoglen
What is a True Market Leader / TML (Thread)

(And how to find them)

In one sentence a TML is an institutional quality stock in a leading industry group with superior fundamentals and technicals

These are monster stocks which over the course of weeks and months increase +100% to +5,000%

TMLs are popular with traders/investors whose methodology is based on the CANSLIM system developed by William O'Neil.

He called them Model Book Stocks. Huge winners worth studying to identify common characteristics that they all share

O'Neil studied over 1000 model book stocks going back to the 1880s.

Many are shown and discussed in these must read books

How To Make Money in Stocks, O"Neil
https://t.co/S2sShZedUm

Monster Stocks, John Boik @monsterstocks1

A Few Examples courtesy of @SystematiCK_

Pic N Save
TRADERLION
TraderLion \U0001f981
TraderLion 🦁
@TraderLion_
The best traders in the world have made millions from one setup.

The setup? A breakout from a base.

But what do these bases have in common & what should you be looking for?

Here are the most important characteristics of a proper base, broken down one by one 🧵👇

By the end of this thread, you will:

✅Be able to identify the main characteristics of a proper base
✅Understand subtle clues of accumulation
✅Have access to 20+ real world examples

Let's get started! 👇

Proper bases all have the following characteristics:

▪️ Shallow Base Depths
▪️ Prior Uptrend of at least 20%
▪️ Early Stage Base
▪️ Daily & Weekly Accumulation Signatures
▪️ Relative Strength Periods

Follow along as we break down each aspect in greater detail below 👍

#1: Shallow Base Depths

Base depth is a key component of a proper base.

We measure a base's depth from the absolute peak to the absolute low.

Institutions are the major base builders in the market, & the shallower the base, the stronger the institutional hold in the name.

Here are some good criteria to keep in mind when analyzing bases:

< 20-30% off the highs = best
< 30-40% off the highs = good
< 40-50% off the highs = acceptable under certain circumstances
> 50%+ off the highs = avoid (with exception to some younger IPO names)
TRADERLION , ALL

You May Also Like

Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Neyyattinkara Krishna Kshetram
#Thiruvananthapuram
#KeralaTemples 🚩

Neyyattinkara Krishna Kshetram is considered as the Guruvayur of Trivandrum. Thrikkayyil Venna (butter) is main offering to Neyyattinkara Unnikannan. Kshetram is supposed to be built by Marthanda Varma.


Sthala Puranam says that, Anizham Thirunal Marthanda Varma was surrounded by his enemies, Ettuveettil Pillamar, while he was near the place where Temple is situated now. The king prayed to Padmanabhaswamy to protect him.  At that time, a small boy was seen there and he


advised the king to hide himself inside the hollow trunk of a jack fruit tree. The king was surprised to find a small boy in the forest, but agreed to the advice
Thus he was saved from the attack. When the enemies left, king tried to know about the boy, but he couldn't.


He believed that it was krishna himself who saved his life. A temple was built here, which is the present Neyyattinkara Krishna Kshetram. The jack fruit tree where  the king hid himself is now known as Ammachi Plavu. Ashtami Rohini, Vishu are very famous here

Hare Krishna
🙏🕉🙏
ALL
Anu Satheesh
Anu Satheesh
@AnuSatheesh5
Story of Thumba Poo and Shiva

Thumba poo is a tiny white flower which grows in all areas. These flowers are used for treatment for sinus. Small children who have polyps in Nose are told to crush tumbha leaves and apply in nose part.
There is an interesting story of Thumba and


Mahadeva. Thumba flowers were not taken for Shiva Pooja. Saddened to this Thumba prayed sincerely and Mahadeva appeared before her.
She was surprised that Shiva had appeared before her. Instead of saying that she wants to under his feet always, she said
@SriramKannan77


She said that her feet should be on his head. Shiva accepted her prayers. It is because of this Thumba flower is placed in the head of Shiva Linga.
Shambo Mahadeva
Om Namah Sivaye
🙏🕉🙏
ALL
Advertisement
WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
THE LAST STAND OF PAVAN KHIND - THE 300 BATTLE OF INDIA

A long🧵that u must read

In desperate times, great men come forth. Those men who are ready to sacrifice all of their lives work for a single cause.

Baji Prabhu Deshpande is one such man.

1/25


Battle was between the Maratha Warrior Baji Prabhu Deshpande and Sidi Masoud of Adil Shahi Sultanate.

In 1660, the Maratha King Shri Chhatrapati Shivaji was trapped in the fort of Panhala, under siege and vastly outnumbered by an Adilshahis army led by Sidi Masoud.

2/25

And while everyone is thinking that finally the Maratha king will be subdued, Shivaji planned to escape to the fort of Vishalgadh. It was administered by a Maratha chieftain named Range Narayan Orpe under Shivaji.

3/25

For months the siege warfare continued as Shivaji made sure that the food source of the Besieging army drops down, due to which they will initiate a general assault on the castle.

4/25

Shivaji, Baji Prabhu, and around 600 of their best troops, hardened mountaineers of the Maval region, would dash through the Adilshahis force at night.

A man named Shiva Kashid, who resembled Shivaji in appearance, had volunteered to dress like the king and get captured.

5/25
ALL
Noah Smith
Noah Smith
@Noahpinion
Met a Brazilian-American Lyft driver from San Diego who passionately attacked the racism of Republicans, then switched to passionately defending Bolsonaro.

If I were Thomas Friedman, I could tell you what this means.

Met a Haitian-American in a restaurant who said he'd always vote for Democrats because of the immigration issue, but that he has conservative beliefs too. "I don't want to pay for someone's abortion!", he declared.

Met a Latino Lyft driver from San Jose who said that while he was liberal, California was getting too liberal for him and he was considering moving to San Antonio.

Again, not being Tom Friedman, I am unable to offer any commentary on the political and policy implications of these conversations.

I guess my only thought is that political opinions are pretty complex and multidimensional, out there in the real world.

(end)
POLITICS
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
WEAPONS OF MAHADEV

Sarvaripati Shiva is one of the most fearsome manifestations of Mahadev. Assigned with destroying all of the universes at the end of time, Shiva is one of the most fearsome warriors. He is the Mrityunjaya.
Here are some weapons associated with him:


TRISHULA: the 3 pointed blades denote creation, maintenance, and destruction or the 3 Kalas – Past, Present and Future. They also represent 3 Gunas – Sattva, Rajas and Tamas).
Shiva’s trishul can only be stopped by Shiva himself.
@onlyonenetra @DetheEsha


Trishul is also said to represent Ida, Pingala, and Sushumna. These are the three basic nadis – the left, the right and the central – in the pranamaya kosha, or the energy body of the human system.
@iamkamyabuch @unever_followme


PARASHU: axe with 4 cutting edges which Shiva gave to Parashurama. In his anger, Parashurama used the parashu to get rid of the all the Earth’s tyrannical kshatriya caste twenty-one times over.
@harshasherni


CHANDRAHASA SWORD: The divine sword Chandrahasa literally means ‘the laughter of the moon’. Ravana gave this sword to Indrajit on different occasions especially to fight against Devas.
GIRISH: A special sword of Shiva with unique characteristics.
ALL