Ever wonder how traders get in stocks before they explode? 🧐

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
✅Quarter +10%
✅Week Down
✅Vol over 400k
✅Optionable
✅Price > $20
👇

The next scan I use is the opposite of the first one.

Simply change:
✅Quarter +10% to -10%
✅Week Down to Week up

This is my bearish scan for swing setups. 👇

I’m a full time day/swing trader for a living.
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
2. Trend
3. Liquidity
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)

#Fibonacci Retracement How i use it ?
Thread//
1
Fibonacci Retracement is a technical analysis tool that i use to locate areas/levels of support & resistance
It is based on the Fibonacci sequence ratios introduced by Leonardo Fibonacci

2//
Measure the rise of price from swing low to swing high (depends on the time frame in use)
This level will give the support levels AND the potential resistances levels once price continue higher

3//
Let's take $FSLY Daily for example
White Arrow : Swing high
Yellow Arrow : Swing low

As you can see it gives us support levels & future potential resistance levels

4//
I often add also the 1 HR chart levels
White Arrow : Swing high
Yellow Arrow : Swing low
As you can see price touches all and re tests all the levels from the yellow arrow to the blue arrow which is the 1.272 EXTENSION of this move

5//
Here is the Daily & 1 HR side by side
So you can follow potential pull back & potential upwards resistances during hours

🎲 How to play trigger watchlists 🎲

1. How/When to enter:

This is NOT an exact science, there is no way to avoid fakeouts. These are KEY levels, and for that reason, provide strong moves. However, they can be hard to break due to their significance. You must manage risk.

There are two strategies I follow.
a) Conservative: Wait for a 5 minute candle to close through the trigger level. Ex: if an $AMD put trigger is under 100 and 5 minute candle closes at 10:45AM at 99.85, take the position.

b) Risky: Playing the first sign of follow through. Ex: $AMD closes 5m candle at 10:45AM at 100.15 - No trigger. At 10:47AM, $AMD fails 100 support and closes 10:47 1m candle at 99.80. I would likely take a position off of key support failure.

2. Fakeouts/Stop losses

Taking losses is inevitable in trading. Our job is to minimize them. My rule here is -10% hard stop loss because you can always re-add the position.

Suppose you take a position from Ex a) $AMD immediately reverses and closes 10:50 5m candle at 110.15…

Your position is red, likely down ~10%. Cut the loser and reassess. Your reason for playing was the 100 breakdown, it is now INVALID. As soon as your thesis becomes invalid, cut, take a deep breath, reassess, watch.

🚨Presentation for beginner Traders🚨

-Below I have included a docs with tons of info from learning TA, to finding trades and reading SEC filings.

-Also included is a section on the basics of using flow with @unusual_whales

-95 slides 🤯
-Free

All I ask is for everyone that sees this to please RT or Like. Send it to your family & friends for Xmas etc..😂 You may be experienced but it could benefit someone else greatly.

FREE Process I've put together for Beginners!

1 - Add my FREE indicators:
https://t.co/GwKXlzWhkD
2 - Watch my FREE Beginner's YT Series Guide:
https://t.co/G9ZXpvSAzR
3 - Tune into my LIVE Seminars every Sunday on Youtube
4 - Follow my channels for FREE daily picks

Thats it!

I'm often asked how one should study a market, so here are some thoughts:

Studying a market is different, from learning how to trade.

Learning how to trade includes everything from managing risk to managing yourself.

Studying a market is simply the process of looking for an edge.

Once you have identified an edge, you still have to learn to trade it.

The best way to study a market is to watch it as closely as you can but always using a frame of reference.

You should pick a frame of reference and exhaust its possibilities.

For example, you could use a time-based approach.

You could study how the market moves at certain times of the day, week or month.

I knew of one trader who made his money (and he made a lot of it) by studying specifically how the ES behaved at the end of each month. His entire edge was created around this.

I know of another successful trader who focused exclusively on the 8am open in FTSE futures.

I know how much you guys like these, so here’s a simple breakdown of how I look for short-term swing positions w/ @TrendSpider and @unusual_whales

With these, I’m looking to ride high-volume momentum w/ any actionable signal, as long as there are multiple trend confirmations.

Unusual Whales is an online tool that allows you to follow the flow of the entire options chain and catch unusual trades by large whales as they happen in real-time! Wanting to save on a plan? Use the link in my bio to earn yourself a discount, or use my code “TRSTN”!

TrendSpider is a highly in-depth charting platform that gives you various tools and indicators, offering some of the best looking charts available. Backtesting & Scanning is made easy and requires zero coding. You can save on a subscription with through the link in my bio!!!

#tradingtips #entry #riskreward 1/5
If price is extended from ema or makes New Highs and you slap the ask, you already skew your risk reward (in case of short you slap bid at new lows)
You have to let entry come to you for best risk reward, find pullback in the trend!

#tradingtips #entry #riskreward 2/5
When you chase, you are one providing liquidity to someone who is going to exit at that price, so you will be immediately down or negative in your position.
Even though our mind is wired to give us FOMO and we click the market buy..its wrong

#tradingtips #entry #riskreward 3/5
rather than skewing your risk reward chasing 5 plays....wait for a pullback in trend on 1 play and have size with conviction with clear support/risk off level...same if shorting...wait for resistance level bounce

#tradingtrips #entry #riskreward 4/5
If Day Trading, Tape Reading and watching where most volume is being soaked is key level for entry (Example VRPX at 8 today)...add those tape reading skills for better entry...along with support/pullback level

#tradingtrips #entry #riskreward 5/5
Take 100 charts and study the trend. Make a journal and explain to yourself if you were trading those 100 charts, which pullback would you have entered and what would have been you risk/reward and best entry!
Backtest Entries! Very important

Thread about what I've been doing and what I've found trying to trade options. All of this was inspired by @AdamSliverTrade @drippy2hard @WealthBrah .

First thing I do is find any good traders watchlist. Sometimes they put their triggers other times they don't. For practice sometimes I'll type in "watchlist from:AdamSliverTrade" on twitter to see all of his past watchlists.

Like this:

Then I go to that date in trading view and only look at the past data to draw trend lines and support/resistance levels. So let's take $MU from his 11/30 watchlist and chart it out.

Normally I would look at the monthly candle, weekly, and daily to see if they have any continuity (all red or all green). But I can't really do that with past trades I don't know if the monthly or weekly were red before.

THREAD DOWN BELOW FOR TRADING
Within this thread I will go over educational content you can read and watch, chart patterns, best platforms to use and more
$prog $metx $nept $bxrx

Rules that i follow on a day to day basis
1) Make sure I have a plan when buying a stock
2) Move SL up as go along
3) Stay strict with my support and resistance levels
4) Scale as the stock price moves up

My favourite book to read
- How to day trade for a living by Andrew Aziz
-

The exponential moving average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock) over time. The EMA is a type of weighted moving average (WMA) that gives more weighting or importance to recent price data.

Moving average (MA) a used technical indicator that smooths out price trends by filtering out the “noise” from random short-term price fluctuations. When asset prices cross over their moving averages, it may generate a trading signal for technical traders.

Educational Resource Thread! 📌

Key Takeaways from Fintwit's Best Traders

If you want to be the best, you need to spend time studying the best. This article is about some of my favorite posts from the best in technical analysis and the keys to their success.

@ChartingOptions
@ThetaWarrior
@Trendspider_J

#tradingtips #tradingrules
1. Be Disciplined

#tradingtips #tradingrules
Quit Bad Habits

#tradingtips #tradingrules
Lower Size if doing poorly

#tradingtips #tradingrules
Dont turn winner into loser

#tradingtips #tradingrules
Winners should always be many times bigger than losers

The Truth About Trading (Thread)

1/ Risk Management & Consistency

Everything works in the stock market just NOT all the time. You can trade RSI, MACD, Bollinger bands, Volume, and they all will win for a period of time and lose for a period of time.

2/ YOUR JOB as a trader is to MANAGE RISK. Every good trading strategy WILL boil down to a 50-60% accuracy overtime and I know this from 1000’s of hours of back testing.

3/ To be profitable, follow this SIMPLE LAW:

AVERAGE WINNER > AVERAGE LOSER
Below is a table I’ve created showing the total number of winning trades (per 100) you need to win to be profitable:

4/ As the risk to reward increased the required win rate goes down. The sweet spot I’ve found is scaling out your positions and cutting your losers to get you close to 2X your average loser. In this case, you only need to win 34/100 trades in order to be profitable. YOU CAN DO IT

5/ The key to success in trading (repeat everyday):
1 – I have no attachment to any stock or instrument, my job is solely to manage risk
2 – I am a Casino; I take all trades that fit my trading plan because I know my edge is profitable