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1) Best educational resource:
-first pick a niche to focus on
-collect a ton of data on that niche
-collect a gazillion charts on that niche
-find mentors that specialize in that niche & pick their brains. At ur stage the key is to reduce the learning curve as much as possible
-first pick a niche to focus on
-collect a ton of data on that niche
-collect a gazillion charts on that niche
-find mentors that specialize in that niche & pick their brains. At ur stage the key is to reduce the learning curve as much as possible
2) Fav strategies:
-Profiting off bagholders. Long or short. Bagholders provide the easiest setups by far.
-best setups are;
lowfloats:
-big gappers (day 1)
-my bloodbath setup (1-3pm selloff)
-my #vwapBoulevard setup
-my #rossTick setup
LCs/options:
-anything w/ momentum
-Profiting off bagholders. Long or short. Bagholders provide the easiest setups by far.
-best setups are;
lowfloats:
-big gappers (day 1)
-my bloodbath setup (1-3pm selloff)
-my #vwapBoulevard setup
-my #rossTick setup
LCs/options:
-anything w/ momentum
Oh shit I forgot #3
"Advice for beginner trader"
1) increase your knowledge daily
2) manage risk at all costs.
Half of traders that fail do so b/c they're clueless. the other half were knowledgeable but refused to respect risk.
#BearTIpOfTheDay
"Advice for beginner trader"
1) increase your knowledge daily
2) manage risk at all costs.
Half of traders that fail do so b/c they're clueless. the other half were knowledgeable but refused to respect risk.
#BearTIpOfTheDay
