BC TRADINGTHREAD
Saved by @TraderYogi999

Trading Education Thread time 1/8

There are really only two types of trading styles:

1. Mean Reversion Trading
2. Breakout Trading

All other "styles" are merely indicator-based trading systems.

This thread will specifically discuss Breakout Trading

 2/8

Breakout Trading requires identification of four elements in order to be successful:

1. Trendlines (pattern based support/resistance)
2. Price Action (overall trending direction)
3. Volume (the amount of participants)
3/8

Trendlines serve as support/resistance like order blocks (areas w/ prior bull/bear struggle) & lead to patterns. Human psychology does not like randomness which is why there tends to be strong reaction at the extremes of historical reference points or anticipated patterns.
4/8

The mkt tends to test two extreme ends of reference areas for a time, leading to a distinct larger pattern or range. A misconception is that certain patterns are always bearish/bullish, but the dominant trend (~4-7x TF above yours) influences the eventual breakout dir more.
5/8

Still, false breaks occur quite frequently. Basic patterns like triangles often trap newer traders that seasoned traders/algos regularly exploit, especially in crypto. Frontrunning or chasing mid-candle breakout is at high risk of being exit liquidity for the counter dump.
6/8

Which brings us to the most critical part: volume. This is the amount of "interest" in this zone, & tends to decline during consolidation as both sides are bracing for impact w/uncertainty. A breakout needs a volume surge; it signals commitment by traders in that direction.
7/8

So how do you properly execute the trade? Identify the dominant trend, & reduce size when betting on the opposite breakout. If breakout, note if candle vol has spiked & closes outside. If so, enter position, & place stops just within the breakout line inside of the pattern.
8/8

Did you find this interesting? Don't forget to check out my thread on Mean Reversion psychology: https://t.co/pS2Dmdbg9c

Or join me at https://t.co/QcbdSfAti4 to share alpha and network with others (no it's not a paid group)

More from Tradingthread

Zack\u2019s Trades
Zack’s Trades
@ZacksTrades
THREAD on @Tradytics
Let me start by saying I do get a small kickback on every referral but I only do this for services I use, trust and love. In the following thread I’ll go over what my favorite features are and how I use them.
•
Sign up @ https://t.co/dO4RSNuQfH for 10% off

DARKPOOL:

DP are private exchanges for trading that are not accessible by the investing public. DP came about primarily to facilitate block trading by institutional investors who did not wish to impact the markets with their large orders and obtain worse prices for their trades.

How I use DarkPool with @Tradytics :

Levels. Levels. Levels. I use DarkPool as areas of support/resistance. Ideally I like to find stocks over (calls) or under(puts) large prints. These prints will help keep the stock moving the direction you want. These levels CAN break. See 👇🏼

website puts them on a nice visual graph. This helps get a quick snapshot of the stock price and where that level is with how big it is (in $$). The site gives you sentiment of the print and labels it 🟢 or 🔴


Tradytics DarkPool 2:
You can even scroll down on the site and find more information. It aggregates the prints into a DP levels chart, a graph showing the daily DP amounts and daily sentiment of those prints.
TRADINGTHREAD
Trading Warz
Trading Warz
@TradingWarz
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!
TRADINGTHREAD
Advertisement
Ace
Ace
@LunarAces
Thread of my threads:

"Reading the Tape" / Level 2 / Time and


EMAs /


Supply and


Position sizing, risk management and trading around your
TRADINGTHREAD
Adam Sliver \U0001f3c0
Adam Sliver 🏀
@AdamSliverTrade
🎲 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.
TRADINGTHREAD
Trading Warz
Trading Warz
@TradingWarz
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
TRADINGTHREAD

You May Also Like

\u0100yudhika
Āyudhika
@Satyamev1310
Ashta Siddhi

Ashta Siddhi is mentioned in Patanjali Yog sutra and can be obtained by very few through countless years of practice and devotion to all eight limbs of Ashtanga Yoga.

Siddhi can loosely be translated as accomplishment or a special power or unusual skill.


The eight Siddhis are:

1. Anima: Reducing one’s physical self to the size of an atom.

2. Mahima: Expanding one’s physical self to infinite level

3. Garima: Making one’s physical self so heavy as immovable by others

4. Laghima: Becoming almost weightless


5. Prapti: Being able travel anywhere in the Universe

6. Prakamya: Can know & understand what is going on in one’s mind. Can understand other person’s min.

7. Ishitva: Possessing title of Bhagwan

8. Vashitva: A seeker can subdue any person/thing

(Hanuman Jayanti is coming)


Hanumanji not only possessed all eight siddhis, but was also blessed by Sita mata as “Ashta Siddhi Nau Nidhi Ke Daata”.

When Hanumanji first reaches to Lanka on his mission to find Sita, he makes use of anima so as to be discrete in enemy territory.


He uses it again when he approaches Sita mata for the first time – reducing his size to that of a schoolboy, to avoid scaring her. He uses mahima to outwit & overpowers
the demons.
ALL
Nikita Poojary
Nikita Poojary
@niki_poojary
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
SCREENERS , A SCREENER
Advertisement
Steve Stewart-Williams
Steve Stewart-Williams
@SteveStuWill
THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
LIFE
\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940
श्रीमाली हितेश अवस्थी...
@HiteshAwasthi89
Sri Parasurameswara Swamy Mandir, Gudimallam, Andhrapradesh

Gudimallam is a small village located in Chittoor district. It is seven miles away from Tirupati. This small village came to significance,due to it's very beautiful Shiva Mandir with history of thousands of years. 1/n


The main importance of the mandir lies in the Linga which is housed in the Garbhagriha of the temple & considered as the only one of such type. It is the earliest Linga discovered so far and it has been assigned to the 3rd century BCE.(Satavahana period) 2/n
ALL
Steve Stewart-Williams
Steve Stewart-Williams
@SteveStuWill
THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
LIFE