🧵Easiest Trading Tool I Use
At just 23 years old I have figured out how to make 6 figures+ annually in the stock market
If I had to start from scratch how would I do it again?
This thread walks you through step-by-step the most simple tool I have mastered to make money 👇
Step #1: How to Identify Trends?
1.) Trend Patterns
🐂Bullish Trend: Higher Highs & Higher Lows
🐻Bearish Trend: Lower Highs & Lower Lows
2.) EMA/SMA Crossover
🐂Bullish Trend: 9 EMA crossed upwards 21 EMA
🐻Bearish Trend: 9 EMA crossed downwards 21 EMA
🎯SMA Trend Strategy:
Trend Patterns Example #1:
📈An uptrend is a sequence of higher lows and higher highs made on the chart.
📉A downtrend is a sequence of lower highs and lower lows made on the chart.
🎯If the market’s not trending, its consolidating (going “sideways”)
Trend Patterns Example #2:
🎯Prices very rarely move randomly (I'd argue they never do)
🎯Often mistaken by retail as market manipulation (MM's), when in reality it is just a PATTERN you have failed to recognize, see below