🚨CRASH COURSE THREAD🚨

Below YOU will find a thread to ALL my #InestrTradesCrashCourse!

Please ❤️Like, 🔁Retweet & ✅Follow if you want more videos!

I Will continue to add content to this as I create more crash courses for you guys!

Tools Used:
@unusual_whales

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

I’m a full time day/swing trader for a living.
I’ve learned a lot through my time trading.
Here’s a thread going over my exact trading strategy
As well as some helpful tips/tricks.
👇👇👇

My trading strategy revolves around three things:
1. Supply and Demand
2. Trend
3. Liquidity
All are important and essential for my trade setup.

Supply and Demand: What is it?
Supply and Demand zones are areas of price where institutional buying or selling is taking place. These zones are key because price is likely to reverse at these zones since institutions want to defend or add to their position.

To find these zones, you want to look at the SPEED of price action. Supply/Demand zones are formed when price moves FAST from an area. Look for wicks or long body candles.

How to draw zones?
To draw these zones, you take the top of the body or wick of the candle PREVIOUS to the explosive candle and draw it down to the bottom. Extend the zone and there it is. (Knowing whether to use the wick or top of the body will take experience)

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.

THREAD DOWN BELOW FOR TRADING
Within this thread I will go over educational content you can read and watch, chart patterns, best platforms to use and more
$prog $metx $nept $bxrx

Rules that i follow on a day to day basis
1) Make sure I have a plan when buying a stock
2) Move SL up as go along
3) Stay strict with my support and resistance levels
4) Scale as the stock price moves up

My favourite book to read
- How to day trade for a living by Andrew Aziz
-

The exponential moving average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock) over time. The EMA is a type of weighted moving average (WMA) that gives more weighting or importance to recent price data.

Moving average (MA) a used technical indicator that smooths out price trends by filtering out the “noise” from random short-term price fluctuations. When asset prices cross over their moving averages, it may generate a trading signal for technical traders.

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