Discover and read the best of Twitter Threads about #keepcalmandtradeon

Most recents (3)

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
In trading, much like in life, expect to suffer setbacks. If you do not know how to take losses objectively and without emotion, you have no place in trading. Many of the trades that you put on are bound to go wrong and hit your stop-loss levels. That does not make you a bad.. Image
trader. Moving your stop-loss levels or not having any stop-loss in place and letting your losses run will ensure you will eventually lose all your money. Those are the habits of a bad trader. Take your losses, preserve your capital. Live to fight another day. Making money in..
trading is not difficult, but losing money is infinitely easier when you don’t know how to take losses. Get used to taking losses if you want to be successful and consistently profitable in the long run!
Read 4 tweets
In times of uncertainty, there is bound to be large amounts of volatility and many conflicting headlines will hit the newswires. In this age of social media and fake news, be sure to have credible news sources that you can rely on. It is crucial not to.. Image
blindly react to price action and give in to #FOMO (Fear of Missing Out).

With such volatility, there will be many trading opportunities as prices tend to get out of whack as fear and greed dominate the thinking of the average investor. Focus on the facts, and what are..
the high probability or even, inevitable outcomes.

For example, the initial cases of the virus infection overseas are mostly tourists from Wuhan or visitors to Wuhan who returned home. We are now seeing cases of locals who are exposed to these patients before they showed up at..
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!