I've compiled a master thread of the top 5 threads I've made in 2021🔥

Here's a complete guide to everything you should know about trading
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I turned $500→ $2,200 in 10 days🤯

Here’s how I did it 👇

Before we dig into the strategy breakdown, let’s first look at the results

In 10 trading days, I turned $500→ $2,200 with only ONE of those days resulting in a loss💰

Out of 11 trades, only 2 of them were losses💪

I had an 81% win rate. Not too shabby right? 😆

To see my daily results (proof), search my name on twitter with the tag #SAC

Ok, let’s breakdown the strategy now👇

For this challenge, I focused on scalping options using my institutional levels💰

(I will have more info on how I find institutional levels in the future)

My goal everyday was to get a quick 10-30% gain and then get out🏃‍♂️

For the most part, I succeeded in that. There were only a few times where I got greedy and went for a higher % gain

This strategy made it so I was done for the day in usually an hour after market open⏳

10 hours MAX of “work” led to ~$1,700 in profit 🔥

Every successful trader has a pre-market routine

Here's a premarket routine coming from a full-time trader:

I usually start my routine at 8:00am EST.

The first thing I do is check $ES and $NQ futures to see how the market moved overnight.

After that, I'll check to see how my open swing positions are if I have any

I'll also check the swing watchlist that I make every weekend

To see if any setups are getting close to my entries

Over trading is one of the top reasons I failed for 2 years

Here's how to stop overtrading and get rid of your trading addicition:🧵

The first key to stop overtrading is establishing a set of rules

Create a set of rules so you know when you SHOULD stop over-trading

It can be based on $ gain/loss or just the amount of trades taken

Either way, there needs to be a written list you can follow

The second key is having a hobby.

Something you can do once you've stopped trading

It could be...

-Working out
-Doing chores
-Talking to a friend
-Writing

As long as you have SOMETHING you can do everyday after trading

It should help you out

If you're thinking of giving up on trading...

read this first👇

(my story)

During the beginning of my trading journey, there were many times where I thought of giving up.

The first year I really was committed.

Then towards the second year, I really started thinking, “Is this really for me?”

I knew I had a strong passion for trading.
It’s what kept me in the game for so long.

But after 2 years of losses, I thought maybe I was meant for another business.

But there was always that “What if” thought running through my head.

What if I’m right there?

What if tomorrow starts the day where I become consistently profitable?

That thought never left…

It wasn’t until I found Supply and Demand Trading.

It changed the game for me.

It simply just made sense.

I cut out all the useless indicators I was using and started studying.

Slowly but surely, it started working

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 🚀
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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
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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. 👇

🎲 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.

#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