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)
1/5 Another market psychology tidbit:
— Sell When Over | 9000.eth (@sell9000) June 1, 2021
REVERSION TO THE MEAN
Why are moving averages so important? Remember that they are comprised of the recent mean of a period of prices, so they tend to slope up or down depending on the trend.
Making thread \U0001f9f5 on trading view scanner by which you can select intraday and btst stocks .
— Vikrant (@Trading0secrets) October 22, 2021
In just few hours (Without any watchlist)
Some manual efforts u have to put on it.
Soon going to share the process with u whenever it will be ready .
"How's the josh?"guys \U0001f57a\U0001f3b7\U0001f483
Thread on "Reading the Tape" / Level 2 / Time and Sales
— Ace (@LunarAces) May 29, 2021
No one explains EMAs either, so here are my 9/20 EMA rules. I have to give credit to @MullinsMomentum for introducing me to these. I adopted some stuff from him, and the rest I developed my own way of using them. Here's a thread of how I use them:
— Ace (@LunarAces) May 30, 2021
Why and how 90% of retail traders lose and how you can join the 10% that win. This is by far the most important thread I've made. I truly hope this helps change your lives.
— Ace (@LunarAces) June 14, 2021
Position sizing, risk management, and trading around your core thread:
— Ace (@LunarAces) June 28, 2021