BC TRADINGTHREAD
Saved by @TraderYogi999

Trading crypto is the wild west. I've compiled some threads and cheat sheets to teach you different concepts I use while trading $BTC, $ETH and $ALTS.

I'll link new threads to this post as I tweet them. Don't go off my work alone, use content by others as well!

 🟥 Support/Resistance Flips - THREAD

https://t.co/bc7IDQluXQ
🟥 Divergences - CHEAT SHEET
https://t.co/nkI1QPqn4Q
🟥 BTC Pairs - INFOGRAPHIC
https://t.co/ikjwVTDAko
🟥 Funding - THREAD + CHEAT SHEET
https://t.co/UpD0z6EO8v
🟥 Taking Profits - THREAD
https://t.co/hxTYIDe6H3
🟥 Balancing Life, Sleep & Trading - THREAD
https://t.co/FSakpE1D3v
🟥 Market Structure - THREAD https://t.co/yasZdiOwi0
🟥 Fundamentals: behind the pump - THREAD https://t.co/FiVXdvQKHl
🟥 Setting realistic goals & comparing yourself to others - THREAD https://t.co/Xt4v49Qpyn
🟥 BTC Pairs - THREAD https://t.co/VHyJ220npu
🟥 Price targets, support & resistance levels using Fibonacci - THREAD https://t.co/uFuJsKIhNA
🟥 Timeframes - THREAD https://t.co/T5dsqE9aZv
🟥 Volume Analysis - THREAD https://t.co/TCj7mOMonu
🟥 Filing your taxes - THREAD

https://t.co/7QkHsT9LIg
🟥 Chart Patterns - CHEAT SHEET https://t.co/prOKqSgFl0
🟥 Patience & FOMO - THREAD https://t.co/3W8uas4rcx
🟥 Moving Averages - THREAD
https://t.co/Zu4vcHtX3R
🟥 Volume Profile - THREAD https://t.co/FrzQhMjY25
🟥 Copytrading - THREAD

https://t.co/TxbDxTWauB
🟥 Fractals - THREAD

https://t.co/2j5vfr2AIz
🟥 Swing Failure Patterns - THREAD https://t.co/8GvLL1dWKD
🟥 Relative Altcoin Strength - THREAD https://t.co/auS2SSgT7z
🟥 Automated Trading Strategies - THREAD https://t.co/zwrT2Q0LmA
🟥 Mistakes many traders make & how to avoid them - THREAD

https://t.co/8zaq327zcJ
🟥 Patience & trading like a wartime sniper - THREAD

https://t.co/CU93LeEuXU

More from 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
WAGMI Capital
WAGMI Capital
@wagmi_capital
You always hear people let your winners ride or cut your losers early. Easier said than done, right?

Well, it's a mathematical fact that implementing this will improve your trading profits

The math behind leaving runners on and cutting losers early 👇👇👇

When trading, you have a 50/50 chance of being right. No matter which side of a trade you take, the stock can either go up or down.

There are certain indicators, levels, or other ways you can increase your odds of being right >50%, but you'll never get significantly higher

So, if our trading record is going to be ~50% right and ~50% wrong, how do we make money?

You HAVE to let your winners run and cut your losers early.

If your losers and winners are the same size (eg losers are -10% and winners are 10%), then you have to win 51% of your trades to make money

Example: you take 100 trades for $100. Winners win $10, losers lose $10. To profit, you need 51 winners (+$510) and 49 losers (-$490)

HOWEVER, if you let your winners run and cut your losers early, the # of trades you have to get right decreases

Example: you take 100 trades for $100. Winners win $20, losers lose $5. To profit, you need 21 winners (+$420) and 79 losers (-$395)
TRADINGTHREAD
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Trader knight
Trader knight
@Traderknight007
A mega thread, this contains some of my popular threads which may help you in your trading.

Thanks for reading :)


Pyramiding


Don't change your trading


Trendlines


Scaling in-out
TECHNICALS , TRADING1 , TA NOTES
David Yocum
David Yocum
@YocumsOptions
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
TRADINGTHREAD
Ripster
Ripster
@ripster47
#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
TRADINGTHREAD

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Suchi Sharma
Suchi Sharma
@Suchi_sharma_
#THREAD
1.Meenakshi Amman Temple(472ft High)also called as Meenakshi Sundareswarar is a famous Hindu temple located on the southern bank of Vaigai River in temple city of Madurai, #TamilNadu.It is dedicated to Parvati(Meenakshi)& her consort Shiva(Sundareswarar). @LostTemple7


2.Madurai Meenakshi Sundareswarar temple was built by King Kulasekara Pandya (1190-1216 CE).This popular temple visits over 15000 visitors daily & around 25000 on #Friday !Friday sees the most number of devotees visit the temple with the number going as high as +25,000.


3.Meenakshi Temple also hosts an annual festival called Meenakshi Thirukalayanam that is held in April. A celestial wedding of the god and goddess marks the end of the festival. About 1 million devotees visit the temple during this festival.


4.the temple has been tagged as one of the seven wonders of India along with stunning Architecture.The temple is built using Dravidian South Indian style of architecture, and is one of the most impressive temple structures in South India.


5.The principle deity here is MEENAKSHI, a form of Goddess Parvati. The idol of the goddess is carved in emerald hued stone. The Meenakshi idol has 3 breasts as Meenakshi was born with three breasts and was blessed that the 3rd breast would vanish once meets right man of her life
HISTORY
foone
foone
@Foone
I got a Toshiba T1200, which has a bad screen, and a dead CMOS battery, and I thought the hard drive was broken too...


but I rebooted it and heard a KTHUNK and a really loud spin-up noise and holy shit, the hard drive works!


and it still has files on it. the newest date is January 1994.


It's a 21mb hard drive, with ~37k of bad sectors.

This fucker is never going to spin up again, so I better go find some serial cables and copy shit off now.


The backlight is fucked so I'm shining a flashlight on it.
without it, it looks like this.
TECH
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Julien \U0001f332
Julien 🌲
@julien
1/ there is this sense when you are young that your accomplishments need to be a list of things that seem impressive to others. A list of several items you did.

This isn't actually right, so here is another suggestion.

2/ I remember being 26 and writing about reading 52 books a year. I wrote blog posts about it. They got copied. It became "a thing." Now it's in Twitter bios. It looks impressive but it's insanely useless and I shouldn't have done it.

3/ what I should have known at that time is that only young idiots like myself, with no accomplishments, find list of tiny achievements impressive. Anyone who has actually done anything of substance doesn't gaf

4/ what is actually difficult, and worthwhile, instead is to do ONE single thing for a very, very long time. It's much harder and much rarer and results in outlier outcomes much more often.

Of course you can find this out too late if you are chasing the dragon of Ted talks etc

5/ if I had only worked on a startup for a year, I would've gotten nowhere, the same way that if you lift for 3 months, it achieves nothing. Everything good in life comes from perseverance, but at the beginning, you're just like "I need to be somebody!!!"
LIFE
Noah Smith
Noah Smith
@Noahpinion
Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)
SOCIETY
Ferruccio Balestreri \U0001f308
Ferruccio Balestreri 🌈...
@0xferruccio
🕵️‍♂️ How Google's PageRank algorithm works

The PageRank algorithm gives each page a rating of its
importance, which is a recursively defined measure of importance, based on if important pages link to it.
It's recursive because the importance of a page refers back to the importance of other pages that link to it

Here's how it works in practice:
1⃣ We start with some pages and crawl them for links


2⃣ Each page has 1/N points (where N as the total number of pages)


3⃣ Add points to each page for the amount of links to it, divided by the number
of links emanating from the sources of these links
TECH