Discover and read the best of Twitter Threads about #TRADINGTIPS

Most recents (12)

-- Educational - #Fibonacci trading? --

1. What are Fibonacci numbers? (4 parts)
2. How are they used in Trading? (4 parts)
4. Using Fib Extensions (2 parts)
5. Using Fib Retracements (2 parts)
5. Using Time Cycles (2 parts)

#BTC #cryptocurrency #Crypto #TRADINGTIPS
-- What are #Fibonacci numbers? Pt.1 --

🔹 Fibonacci numbers are a numerical series depicting nature’s expansion
🔹 The same number sequence appears all over throughout nature. i.e.
🔸 The number of petals on a flower
🔸 A snail shell

#BTC #cryptocurrency #Crypto #TRADINGTIPS
-- What are #Fibonacci numbers? Pt.2 --

🔹 The sequence is made by simply starting at 1 and adding the previous number to arrive at the new number:

0+1=1, 1+1=2, 2+1=3, 3+2=5, 5+3=8, 8+5=13, 13+8=21, 21+13=34,…

#BTC #cryptocurrency #Crypto #TRADINGTIPS
Read 16 tweets
#tradingtips #riskreward #scaleinscaleout 1/4
So a conviction play that you are swinging you can also trade around the core. Core being you size that you never touch.
Risk Reward is based on timeframe you are trading.
If you looking for swing, it is off 1 day/1week charts
#tradingtips #riskreward #scaleinscaleout 2/4
or 1 Hr charts..

For overnights/or intraday 10 min / 1hr can be used.

Risk is always support/trendline/ema etc stop level. Reward is based on timeframe you are trading.
#tradintips #riskreward #scalein #scaleout 3/4
Example
Trading 1K shares of $DMTK
73->82, Scale out 200 shares there, another 200 at 87
If it crashes back to 70 add back 400 shares , u still had 600 core, back to 1k position, goes 83 sell 300 scale out, 300 at 87 and then so on
Read 4 tweets
#Chartreading #technicalfunda #Raghumantra Classes
Take an Indicater and build an understanding around it.
Today's indicater= #ADX (used to help measure the overall strength of a trend)
For illustration purpose, lets scan for a pullback where trend is quite strong.Conditions:
1/n
2/n
Using the above scanner, I got three stocks:
Gati
GuficBio
Saregama
Checked the higher t/f (in current case Weekly) to look for current range & resistances.
#Chartreading with #Raghumantra Classes
3/n
Then come down to our chosen t/f i.e Daily to fathom probable support points for the current pullback e.g.
20DEMA
50DEMA
Monthly Pivot
Demand zone
Fibo retracement level
Trendline
#Chartreading with #Raghumantra Classes
Read 4 tweets
1/TrackRecord's Observation of the Day 💭: Winter Is Coming

We are on the precipice of a perfect confluence of forces that will result in unprecedented volatility in the coming months.
2/As winter is literally coming, there is a good chance Covid-19 will come back with a vengeance, can governments afford the economic brunt of another lockdown?
3/One of the reasons for yesterday’s selloff was this fear and main street is well aware of the economic impact (Jobs gets decimated).
Read 7 tweets
1/TrackRecord's Market Observation of the Day 💭: Quad Witching Friday

Quadruple witching occurs on the third Friday of the month of every quarter (highest volatility occurs in the last hour of trading between 3:00pm - 4:00pm EST) , in March, June, September, and December. Image
2/It refers to the simultaneous expiration of single-stock options, single-stock futures, and stock-index options and stock-index futures which are settled at 4:00 p.m. Eastern Time.
3/Options volumes tend to be particularly elevated during quad-witching periods, which may also account for some of the choppiness anecdotally associated with September as the worst-performing month (for stock markets).
Read 4 tweets
1/TrackRecord's Market Observation of the Day 💭: Does Fundamentals or Positioning Drive Prices?

There’s hardly been any significant headlines in the last few days, but markets have been moving quite actively. Image
2/This is the best time to try to figure out what the speculators and investors are positioned in the market.

Every sell-off in the Nasdaq has been brief, and the recovery, swift. This implies a market that is not fully invested and that dip-buyers are still strongly in control
3/The USD has strengthened from the lows despite a strong equity market (which usually leads to a weaker USD due to a strong risk sentiment), and US yields retracing from recent highs.
Read 7 tweets
TrackRecord's Market Observation of the Day 💭: Getting “Trumped”

1/Trump is a media and situational extraordinaire, turning compromising situations into winning propositions for himself. Image
2/He did it in the last election and Nov 3, 2020 is setting up to be another tight showdown should the riots and civil unrest in America continues. There is a gradual shift in the electorate sentiment, with Trump cutting into the lead of Democratic rival, Joe Biden.
3/The cause for Trump’s resurgence could be the huge riots incited by the Left - turning into an unofficial Civil War. This bucked the Biden trend and changed the narrative as it now paints Trump supporters and himself as the lesser evil.
Read 4 tweets
#tradingpsychology #tradingsignals #tradingstrategy #tradingtips

EXIT STRATEGY

When it comes to exits, all traders fit into one of two camps, fixed target or trailing stoploss.
The easiest way to determine which camp you fall into is to think about your answer to this question

Is it more important for you to have a high win rate ?
or
is it more important for you to have huge winning trades?
Fixed targets may have a high percentage of winners, but the average winning trade will probably be relatively small.

Trailing stoploss have most trades ending up as losing trades, or break-even trades, but the few giant winning trades will make up for these losing trades.
Read 4 tweets
#TRADINGTIPS #tradingstrategy #stoploss

Stoploss puzzle !

Which one is best ?
Tight Stoploss

A tight stop will produce whipsaw losses in trading ranges. Even though each loss may be small,the sum of a series of losses can be larger ! However a trending market will rescue a system with tight stops and results are astonishing.
Loose stoploss

A loose stop will prevent whip-saw losses in a trading range but will have large drawdowns as well as poor RR ratio. As we loosen the stop, more of the winning trades as well as losing trade from a false signal can survive longer.
Read 11 tweets
This is a frequent lament of traders whenever they go through a period when markets are not going their way. There is only one constant in the markets, and that is that the market conditions will change. The ever changing conditions are why there are opportunities for us to.. Image
get into profitable trades.

Though volatility in the currency markets are now very low by historical standards (the break of EUR/USD below the 33-month low this week is one of the lowest momentum break I can remember!), this does not mean this will always be the case. ..
Even in low volatility environments, there will still be opportunities for trades with good risk vs reward characteristics to be put on. Don’t lose heart! If making money was easy, then everyone would be rich!

Are the good old days over? Far from it, the best days are yet to..
Read 4 tweets
Trading is not complex. In fact, it is relatively simple. These days, anyone with an internet connection and a bit of money can readily open a trading account and start clicking away. Image
However, simple as it may be, it isn’t easy. If it was easy, millions of retail traders, who have picked up trading from watching a few YouTube videos or reading a few books, would be raking it in. Much like the fact that most people know that to be healthy and fit, one needs..
to eat healthy and nutritious food and do some form of exercise regularly. How many people though have the stomach (pun intended) to do this on a regular basis?

The way to become successful at trading is also not complex.
Read 6 tweets

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