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AllDayFaders
@team3dstocks
, 4 tweets, 2 min read Read on Twitter
My minimum risk/reward goal is 3:1. My goal is 5:1 or higher. Under no circumstances do I want anything less than 2:1. in fact the only time I will settle w/ 2:1 is if im deep ITM & the stock cunts around, flashes too many exit signals, & hits my trailing stops.

#BearTipOfTheDay
That's why I dont give a shit about high winrate or being green everyday. I can stop out 3-5x in a row and make it all back plus more in just one trade. God forbid if i get lucky and win 3-5x in a row. almost impossible to give all those gains back even if u have a very bad week.
Remember, It is MUCH easier to manage risk and stop out quickly when you know that the amount you'll lose is NOTHING compared to your next win. But if ur wins are always small, u'll hesitate when ur stops hit, in fear of giving back days of gains. then u end up giving back weeks.
But hey, everyone is different. If u can emotionally stomach LARGE losses, then go for low RR, high winrate. But not me. I know my personality. Large losses fuck me up mentally and make me irritable/grumpy AF to everyone around me. Nobody got time for that.

#BearTipOfTheDay
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More from @team3dstocks see all

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AllDayFaders
@team3dstocks
Almost caught up wih july/august DMs. Guys, too many of these questions have been answered before thru Tweets, threads, charts, REAL-TIME analysis of plays, doodles etc. Just use the twitter search tool or search my hashtags. Answering the same questions over & over is draining
For the 1000th time, For lowfloats, all I care about is:

-fundamentals (mainly dilution, news, share structure etc)

-technicals (mainly volume, L2/tape & MAs etc)

-psychology (sentiment, who im up against etc)

to gauge if supply will be higher than demand (volume forecast)
The combination of those 3 things is the foundation of my ADF score, which is simply how I rank my setups. Extremely high ADF scores mean extremely high supply/Demand imbalance, so conviction goes up and I risk more ONCE I get my entry signals. Low scores = size down or avoid
Read 5 tweets
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AllDayFaders
@team3dstocks
If only traders understood survivorship bias, they would understand why I lose my shit each time I see trading advice that doesnt center around risk management. U dont master trading by studying those who "succeeded". U learn the most by studying those who DIDNT

#BearTipOfTheDay
That's why I ALWAYS ALWAYS emphasize risk management more than strategy, Risk/Reward more than winrate, and my favorite, EXITS more than entries. Because even though BOTH are important, only ONE decides if there'll still be money in your account the next morning

#BearTipOfTheDay
When I was new, just like everyone else, I wanted to study those who "made it". Nothing wrong with that, since u obviously wanna find out what works. But my trading didnt take off until I did the opposite & I started researching those who FAILED. What were they doing differently?
Read 6 tweets
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AllDayFaders
@team3dstocks
I get this DM SO damn much. "ADF how do I cut through all the noise & find consistency"

FOCUS on ONE thing!

Find a strategy/setup that is:

1 simple
2 common
3 DEFINABLE
4 winrate >50%
5 RR >3:1

then EMERGE urself in it until u MASTER it. Burn everything else

#BearTipOfTheDay
There are SO many strategies out there. SO many setups, SO many "mentors". U simply cant expect ur brain to digest all of that. u'll have too much conflicting info. Most fail more from information overload than ignorance. Just pick ONE thing & fucking master it.

#BearTipOfTheDay
2 trades a day, a 50%+ winrate, a 3:1 RR & a max loss of $50 will turn ur $2K acct into $4K in just a month (no fees). ALL u need is a 50% winrate & the discipline to keep ur RR at 3:1 or higher. Easier said than done but u get the point. Focus on RR optimization
#BearTipOfTheDay
Read 3 tweets

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