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Struggling to find success in the market?
You're not alone
I struggled to make money my first year
Here's some advice to help you out
" 5 Things I Wish I Knew Then"
- A THREAD -
You're not alone
I struggled to make money my first year
Here's some advice to help you out
" 5 Things I Wish I Knew Then"
- A THREAD -
1.
- You Need A Plan -
A ton goes into this but it's worth it
You need to know:
- Entry
- Stop price
- Target
- Risk reward ratio
- Chart location/pattern
- Earnings date
Does a surgeon operate without an effective plan?
Why don't you take your trading seriously?
- You Need A Plan -
A ton goes into this but it's worth it
You need to know:
- Entry
- Stop price
- Target
- Risk reward ratio
- Chart location/pattern
- Earnings date
Does a surgeon operate without an effective plan?
Why don't you take your trading seriously?
2.
- Focus On Potential Losses Vs Wins -
Stop looking at the potential money you can make
Know that you can lose money on any single trade
This will put you in the right frame of mind when trading
- Focus On Potential Losses Vs Wins -
Stop looking at the potential money you can make
Know that you can lose money on any single trade
This will put you in the right frame of mind when trading
3.
- Cut Your Losses -
This goes with the previous tweet
Don't be a bag holder
Don't let you ego get the best of you
Know when you're wrong and move on
It's as simple as that
- Cut Your Losses -
This goes with the previous tweet
Don't be a bag holder
Don't let you ego get the best of you
Know when you're wrong and move on
It's as simple as that
4.
- Base Hits Over Home Runs -
Daily base hits & doubles will compound over time
You'll strike out more often when you aim for home runs
The occasional home run will do nothing for you when you strike out 4/5 times
- Base Hits Over Home Runs -
Daily base hits & doubles will compound over time
You'll strike out more often when you aim for home runs
The occasional home run will do nothing for you when you strike out 4/5 times
5.
- Buy The Breakout -
Trades stocks the market is watching
I'm not telling you to buy the hot stock of the day
But rather find a stock that is setting up for a breakout
These stocks will be watched by professional traders/hedge funds
You want to follow the money..
- Buy The Breakout -
Trades stocks the market is watching
I'm not telling you to buy the hot stock of the day
But rather find a stock that is setting up for a breakout
These stocks will be watched by professional traders/hedge funds
You want to follow the money..
I've found success over the past 5 years with trading
If you want to become a profitable trader
Send me a DM
I'm here to help!
If you want to become a profitable trader
Send me a DM
I'm here to help!
