🚨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

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.

#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

#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

🐳 Watchlists + @unusual_whales 🐳

Unusual Whales is an incredible tool that can take anyone's trading to the next level. It presents a ton of data, which can often be hard to synthesize.

This thread will provide a simplistic approach to analyzing and utilizing flow data. 🌊

1. Where To Start

Start with the "Hot Chains & Tickers" page. Not only does this display the tickers with the most option volume, but it also shows the most active chains. Better yet, you can filter by sector and market cap.

Below are some specific filter examples:

2. Analysis

The "Intraday Analyst" page is your best friend here. The first thing I do is scroll down to the "Most Active Chains" table.

I'm looking for short-term exp. OTM contracts with heavy volume that look "unusual."

Examples are included below:

$LCID - Closed Wed. 11/3 ~$36.50. 40c weeklies required a 10% move in 2 days to go ITM. $LCID closed at $41.80 on Friday.

$AMD - Closed Tues. 11/2 ~$127.60. 130c got hit hard. Closed the week over $136.

$NVDA - Closed Thurs. 10/28 ~249.40, 250c 🔨. Closed Friday ~255.70.

Weekly OTM strikes with heavy volume can lead to huge moves. Now what makes these so unusual?

- OTM with little time to exp. = urgency
- Heavy volume on a certain strike can mean volatility in that area = good for options
- Vol. much greater OTM than ATM = big move possibility