Discover and read the best of Twitter Threads about #daytrading

Most recents (24)

How I got my biggest drawdown of 2022 #trading on 6/14,mistakes to avoid & how Im fixing it: A Thread🪡

Started day with acct Bal@ 7.4k+ was working to 10k &plans of withdrawing half then,rinsing & repeating.Ended close to 5.2k

Beggining of April worked it up from over 2k. 1/16
6/14 Trading Recap $TSLA 1st #trade Entry 9:44am👉🏽 13.80
Exit 9:56am👉🏽 9.00
Size: 2 Volatility was high+at that price 2 cons were too heavy 4 me making it to where mentally I was more reluctant to cut.

🌱This is where hard stops takes the hope+the emotion out of the equation. 2/
I expected more downside room. Should have reacted to price action & what chart was telling. Went over my 1 min chart trendline. It even double bottom & I still didn't exit until it was way further.

🌱Theres no guarantees in the market, so don't marry an idea.3/16

#TRADINGTIPS
Read 16 tweets
9️⃣ Animals of the Stock Market Investment & Trading that you may not know:

Almost every investor knows about Bull 🐂 & Bear 🐻 but few know that there are other animals in the market too.
Let's See Below👇🏻

Tags:
#StockMarket #Trading #Stocks #Nifty #investing

Thread 🧵
(1/11)
1️⃣ Bull 🐂
Bulls are investors who are optimistic about the Stock Market. They believe the price will continue to rise. A sustained uptrend is called a Bull run.

Tags:
#StockMarket #Trading #Stocks #Nifty #investing #DayTrading #NSE #BSE #SGXNIFTY #Traders

Thread 🧵
(2/11)
2️⃣ Bear 🐻
Bears are the opposite of bull. They are pessimistic about the Stock Market & believe that prices are likely to fall. When shares consistently decline, it is called a Bear Market.

Tags:
#StockMarket #Trading #Stocks #Nifty #investing #DayTrading #NSE

Thread 🧵
(3/11)
Read 11 tweets
If you are struggling in this market tI bet you don’t have a proven strategy

You likely:

• Watch too many charts
• Following narratives
• FOMO in just as a market is about to reverse
• Can’t hold on in a trend
• Wait too long to exit

You need a system, here's mine

🧵
I call it the FVBO - (Failed Volatility Breakout)

It Works on all time frames
It works on Futures, Equities, Forex, Crypto

You can use it to day trade, swing trade or take very long term positions off of monthly charts even
You don't have to be original, you should use a proven strategy

Just like when you learn a musical instrument, you don't learn to compose your own music as you learn

You learn by learning how to play songs that already exist

The same is true for trading
Read 13 tweets
Traders need to become best friends with the power of compounding. It is why #Daytrading scales faster than most other businesses

Heres is how I compound gains:
The Power of 1%

1% a Day doubles your trading account every 70 days.

That turns 10k into about 80k year one and then 80k into half a million dollars.

If you outperform that by just a little bit you can become a millionaire in less than two years
Walk Away When You Are Green

Green days have more value than having another winning trade. You can't give away the hard-earned money you've made.

Green Days turn into green weeks. Green weeks turn into green months. Green Months turn into green years.

Green Years = freedom
Read 7 tweets
I’ve been #daytrading for almost a decade now. Between trading for a hedge fund and managing my own money It has been the only way I have made a living since I graduated from Law School.

Here are 10 things I wish I knew when I started out my #trading career.
1. Mindset Matters 🧠

All the top traders I’ve met have been super optimistic and filled with self belief.

Their work ethic makes their success inevitable but they never behave like the market owes them that success immediately.
2. Every trader loses

No #daytrader has a 90% + win rate with zero drawdown. If they tell you that then they are bull shitting you. Run🏃

Elite traders have a win rate in the 70s.

It’s not about how often you win, it’s about how you protect yourself when you don’t
Read 12 tweets
I’ve been #daytrading for almost 9 years now. It has been the only way I have made a living since I graduated from Law School.

Here are 9 things I wish I knew when I started out my career.
1. Mindset Matters

All the good traders I’ve met have been super optimistic and filled with self belief.

Their work ethic makes their success inevitable but they never behave like the market owes them that success today.
2. Every trader loses

No day trader has a 90% + win rate. If they tell you that then they are bull shitting you. Run

Elite traders have a win rate in the 70s.

It’s not about how often you win, it’s about how you protect yourself when you don’t
Read 11 tweets
Do you actively trade your #crypto? Or do you buy and #HODL?

Ever aspired to be a day trader? Or at least be much more active in trading?

Ask anyone though, and they'll tell you "DON'T DO IT!" There are many reasons why that is...

🧵/1
Once upon a time, to day trade stocks, you needed AT LEAST $50k. And the reason is simple math. If you're trading a $6 stock, and intraday gain is only to $6.75, one share only makes you $0.75 profit. So you need a LOT more.

That's out of reach for most.

🧵/2
For traders with smaller bags but bigger dreams, the futures markets were born.

Here, you can trade on leverage. Did you know that for every $1 in price of Crude Oil, a crude oil futures contract is worth $1k?

So if oil goes from $98 to $103, that represents $5k.

🧵/3
Read 18 tweets
This is one of the best #forex day trading patterns.
It occurs nearly every day on the 1-minute chart and it often occurs multiple times within a 1.5 to 2 hour time period (however long you opt to #daytrade). Get in and Get Out, make 💰💰.
Learn it 👇👇👇
I call these RTs or RBs, which stands for Rounded Top and Rounded Bottom. The pattern requires specific criteria, but if you practice them, you'll see them almost every day.
I only trade them on the 1-minute chart, but you may see them on other time frames or markets.
First, let's look at the patterns, and then I'll provide some context as to when to trade them, when not to, position-sizing, leverage, and other details.
Read 23 tweets
BOOK: Trading in the Zone by Mark Douglas.

I have summarized 10 important points from the book.

Save your time and read the below thread to be a better Trader than yesterday.

A Thread🧵👇
Mark Douglas provides five fundamental truths to help you embrace risk and uncertainty.

1. Anything can happen:

Your bias may happen tomorrow, next week or next year, But today anything can happen. Prepare for that.
2. You don't need to know what is going to happen next to make money:

No one knows 100% what is going to happen next in the market, Play the probability game.
Read 13 tweets
Traders often post successful trades on social media, but I rarely see losing trades. Losers can be a valuable learning tool. Here's one that happened to me this AM. #Wyckoff #learntotrade #tradingcourse #daytrader #trading #daytrading #SP500 #ES_F
Coming in, we had a Spring set up during the European session. This is on the 240-min chart. After penetrating a swing low, price reverses and closes above that swing low. That's a Spring. They are especially good in uptrends. And this one had pretty much everything going for it
Although the daily was showing supply, this spring seemed to test the big acceleration up on 8/27 & was holding atop old resistance/now support. We call this a Jump Across the Creek (JAC) & anticipate a pullback for potential trade entry. A Spring in this situation is ideal.
Read 7 tweets
Trading strategy 1/n
1. Shortlist stocks above 100 DMA
2. Spot the ones that take support at 10 DMA
#nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forextrading #forex #ICICI #buyback
Trading strategy 2/n:
3. Limit Buy 2% below the 10 DMA support
4. SL at 1.5 ATR or exit after 5 trading days or when 3 day RSI above 50 #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy
Read 5 tweets
Vamos con un hilo. Qué es #scalping ? Es una técnica que busca obtener ganancias operando en marcos temporales de 1m, 5m, 15m o 30m máximo lo que te permite hacer varias operaciones en el día y que puedas dominar la técnica de "action price".👉
1⃣Hay muchas estrategias y caminos útiles para ser rentable y lograr un ratio ganancias/perdidas que vaya aumentando a medida que pasa el tiempo. El scalper no necesita de grandes variaciones de precio, sino sacar poco provecho varias veces, ya que el secreto es "adivinar" 👉
2⃣la próxima vela. Es una técnica no apta para cardíacos ni para secos, generalmente se utilizan altos niveles de apalancamiento y mucha liquidez. Donde radica el éxito de esta técnica? En 3 aspectos los cuales detallo a continuación. 👉
Read 15 tweets
Look at change in OI, including highest change in OI both sides to see where new support/ resistance levels are being formed #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
Read 9 tweets
"Like 4chan found a Bloomberg Terminal", but with dogs!

@reddit-weaponised #DayTrading against institutional #ShortSellers might be funny, but it's no joke; #disinformation at web scale disrupts #media, #democracy and even the #market...

#InformationRevolution, baby!
P.S. If you've not been following $GME (#GameStop) then @theipaper has a quick explainer:

inews.co.uk/news/business/…
Read 7 tweets
16/07/2020 Thursday
#BULLISH #Watchlist #stockstowatch #DayTrading #nsefno

exideind
indigo
M&M
ramcocem
tvsmotors
upl
excellent up move in #indigo, MnM
strong pullback in tvsmot and exide
upl and ramco failed
#indigo >4%
#M_M >3%
excellent move in #tvsmotors from DL Image
Read 3 tweets
15/07/2020 wednesday
#BULLISH #Watchlist #stockstowatch #DayTrading #nsefno

bajajauto
godrejprop
havells
jublfood
ramcocem
jublfood >3% up
rest r flat
jubl >4% up
Read 4 tweets
12/07/2020 monday
#bullish #watchlist #daytrading #nsefno

balkrisind
concor
tatamotors
tatasteel
tamo >4%
tatasteel >2.25%
balkrish 2% up
Read 3 tweets
#NSE - Interesting #Statistics - #TweetStorm - •% of Shares Deliverable to Total Shares Traded now at 15.05%. Lowest since 2001. % of Delivery to Value of Shares Traded at 16.44% below 2009 !! #Daytrading increasing or #HFT , #colocation and #marketmaking? ImageImage
Value of Shares Traded ( Cr ) at the Highest Ever. A peak in this generally an Inflection Point for the long term. For example January 08 value got hit in June 09. What is it now ? Image
The Top Traded Counter in 2019-2020 was #RelianceInds which is expected that its the top weight. But 3.24% of total Turnover was #YesBank !! Marginally lesser than 3.61% of #RelianceInds Image
Read 5 tweets
07/07/2020 Tuesday
#Bullish #watchlist #daytrading

icicipru
mcdowell-N
voltas
bandhanbank
canbank
hindpetro
good move in mcdowell, icicipru and bandhan
equally poor show in voltas, canbk,, hpcl
everything is falling as market turned neagtive and losing all strength in its breadth
rest of the day isnt viable for long aspirants
Read 4 tweets
06/07/2020 Monday
#BULLISH #watchlist #daytrading

bata
colpal
rblbank
ibullhousng
hindpetro

NB: am a day trader.
what ever i post insights, concepts, or any other theories will b biased with such a perception.
Pls stay away from posting counter view with 1000 years perspective
bata, ibull 2% up
hindpetro 1.5% up
colpal flat
rbl, only gap up
bata >3.5% up
hindpetro >2% up
Read 4 tweets
Bought berger paints @ 474.35
#daytrading
What a movement
Booked 70 % quantity at 489
Read 3 tweets
(1/2) #AlgorithmicTrading #AMA - We bring to you the most asked questions about #AlgoTrading. Nitesh Khandelwal (Co-founder and CEO, QuantInsti) answers them in the form of short narrative videos.

Check out the entire playlist here: bit.ly/AMAPLYT
What is High-Frequency Trading, Low-Frequency Trading and Medium-Frequency Trading?


#HFT #LFT #MFT #AlgorithmicTrading #FAQs #AMA #question #answer #algotrading
Where to get historical and real-time market data?


#Data #marketdata #AlgorithmicTrading #FAQs #AMA #question #answer #algotrading #traders #trading
Read 25 tweets
Gente me preguntan mucho en el grupo de whatsapp y por privado. Abro hilo de plataformas/indicadores para day trading. Hay mucho dando vueltas por ahí, pero poco al alcance del que recién arranca. Empecemos con NYSE internals #Daytrading #Scalping
PDF: tinyurl.com/yxc6nru3 Image
Muy utilizados por @eminiplayer @PeterReznicek y @verniman los NYSE / SP500 internals nos permiten buscar divergencias y relación de oferta/demanda en el mercado como un conjunto. Lo más completo sin necesidad de gastos mensuales es @thinkorswim . Image
@eminiplayer @PeterReznicek @verniman @thinkorswim Permite ver $TICK $ADD $VOLD (lo clásico) o en particular del $SPX el $ADSPD y $VOLSPD. @verniman por ejemplo continuamente busca divergencias con el $ADSPD y se asegura que haya un buen Bull Sell Pressure BSP antes de entrar en un trade. Lo acompaña mirando el Time & Sales Image
Read 18 tweets
16-05-2019
#daytrading
Entry-Name-Quantity-EntryPrice-SLPrice-ExitPrice
Buy-#axisbank-105-735.10-SL-725.60-TGT-745.00
Buy-BANKBARODA-769-109.65-SL-108.35-TGT-111.00
Buy-#bpcl-213-366.50-SL-361.80-TGT-371.40
Buy-#BHARTIARTL-274-336.65-SL-333.00-TGT-340.50
1/5
Buy-#HINDALCO-426-194.45-SL-192.10-TGT-196.90
Buy-#HINDPETRO-426-270.70-SL-268.35-TGT-273.20
Buy-#ICICIBank-235-384.55-SL-380.30-TGT-389.00
Buy-#INFY-167-725.10-SL-719.10-TGT-731.50
Buy-ITC-606-299.35-SL-297.70-TGT-301.10
Buy-#SBIN-303-317.55-SL-314.25-TGT-321.00
2/5
Buy-#TECHM-192-795.90-SL-790.70-TGT-801.50
Buy-#TITAN-227-1167.60-SL-1163.20-TGT-1172.60
Buy-#VEDL-513-163.15-SL-161.20-TGT-165.20

Short-#axisbank-105-716.20-SL-725.70-TGT-706.30
Short-BANKBARODA-769-107.05-SL-108.35-TGT-105.70
Short-#bpcl-213-357.10-SL-361.80-TGT-352.20
3/5
Read 9 tweets

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