A THREAD- How to be profitable in every market with low stress and high rewards.

Trading is the most rewarding, most efficient and quickest feedback profession.

It is also the most anxiety inducing, dangerous and stressful profession.

A thread to become profitable, Always.
Why do 99% of the traders fail?

-Trading has no barriers or minimum qualification of entry, unlike being a doctor,engineer etc.

MOST traders start without learning or reading, hence they fail.
Imagine flying a 747 without training for it.
Disaster will ensue, same for trading.
The true test of a trader starts in an uncertain market.

As a trader, your aim is to make profit in all kinds of market, ranging, bullish, bearish.

Trends last for months, as a trader, you should be able to make money by being long or Short

This is what we're supposed to learn
You should be equally comfortable going Long and going short. You need a predefined, back-tested system. If you don't have this, you shouldn't even think about trading. Period.

Predefined- Your system tells you when to enter.
Back-tested- Tested for historical profitability.
1. Long Term Holdings-
Don't hold anything that's below the 200 day moving average.
This implies a fundamental flaw or a cyclic correction.
At this point, no one knows where the bottom is.

Don't try to be a hero. Cut your losses, take a walk and come back later.
2. Enter the Trend, Always.

Find the trend on the higher time-frame eg. Weekly and then confirm it in lower time frame, Daily and Hourly and enter is the same direction. Don't try to counter trade.

Remember, Find trend on higher time frame, confirm on lower and ONLY then enter
3. The reason Trader's fail is because Most are too lazy to Back-test Improve upon mistakes.

Sit with live charts, draw your supports, area of interest, enter the trade and see the results. Live.
Do it as much as you can. Over an over Again. Trade more. Learn more.
4. Make a trading journal.
Write down why you entered, your target and the results.
Write down what you learnt and what could be different.

Only 10% of you will do it even after reading this.

Not maintaining trading journal means you're wasting your precious time.Make one now.
5. There are no market experts.
No-one for sure knows the future movements.
Don't trust anyone. I've seen the best traders being wrong.
Only your experience will bring you luck and profits. Experts are irrelevant, your own experience, if you learn from them, will teach you.
6. Best way to learn in to open 200 charts, mark your levels, use your current knowledge and set entries.
This is learning on steroids. Let the market give you feedback.
Your only aim is to not stop and follow Risk management t.me/EmperorbtcTA/3….

Do this without stopping.
Conclusion.
1. First learn, then trade.
2. Enter with the trend on confirmation.
3. Asset below 200DMA is funny.
4. Open too many charts and draw entries. Repeat 100X
5. Be comfortable with going long and short
6. Learn and become a trader, don't rely on luck.
7. Journalize.
You're Trading against PhDs in physics, against machines which can do millions of calculations every second, against the most secretive Algos.

Learn and then fight.
I've complied all my tutorials for free here. t.me/EmperorbtcTA/2…

This is all you need.

Love, EmperorBTC

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More from @EmperorBTC

9 Feb
Tesla choosing to store 1.5 Billion of cash in Bitcoin has made Bitcoin a mainstream asset.

Here are the crypto Predictions for the next 3 years.

A thread.
Crypto is no longer a niche or a mere experimental asset.

The institutions WILL now rush to catch up to get in a position.

This is when Crypto becomes mainstream and will be on the Balance sheet of all of Fortune 500 Companies. Slowly but surely.
Financial Analysts, MBAs and CFAs who have no technical know Hows of Crypto will claim to understand it on CNBC and other news channels.

They will boast of being the first movers.

People will discuss crypto like stocks, everyday.
Read 7 tweets
7 Feb
Master-Class on Trading Methods

Learn how to

-Start trading
-Build a custom trading system
-How to be in the top 1%
-Capital Preservation

A thread.

Please share if you find it useful.
The below assumptions apply only to trading and not investments.

Part A-Trading Trident
-Only enter when you have a clear "Trading Trident"

1. Entry Triggers as per your trading technique
2. Established invalidation levels (Stop loss)
3. Defined reversals (Profit taking)
1. Entry triggers
Few examples

-Support Confirmation
-Divergences (A bit advanced)
-Triangle break-out with Volume

Study the examples in detail. Don't worry if you don't understand them, it's been explained in detail from the basics later on.
Read 16 tweets
13 Dec 20
Technical Analysis Masterclass- Part 2

'Entering the trade'

Entering a trade without ascertaining a certain things is gambling.

In this masterclass we will learn the pre-requisites to enter a trade.

DON'T ENTER A TRADE WITHOUT DETERMINNG THE FOLLOWING.

Please share.
We understand what reward to risk (popularly called risk to reward) is.
It will be denoted by R:R.

We will also try to bust a few myths about R:R and how to avoid losing trades.

Before entering a trade, you need to determine 3 things.

1. Entry trigger
2. Stop loss
3. Target
1. Entry trigger = Reasons for entering a trade. There could be multiple reasons or a single reason for entry.

Generally a set of reasons AKA confluence is a higher probability trade and a generally a safer entry.

Example of an entry trigger.
Read 13 tweets
2 Dec 20
Technical Analysis MASTER-CLASS.

Part 1- 'How not to lose your money'

Please retweet. It might help a trader from losing it all.

A thread.
Fact- 90% of the traders lose money.

We will learn how to be in the top 10% by mastering Risk management in the next few threads. The most important but most ignored concept.

According to me, ALL of trading knowledge is futile if you don't follow Risk Management. Period
Since 90% of the traders lose money due to lack of risk management, we don't need to further discuss its importance.

If we don't manage risk mathematically, we WILL FOR SURE lose all the capital. FOR SURE.

In this thread, we will try to understand
'Optimum position sizing'
Read 13 tweets
17 Sep 20
MASTER-CLASS on OPEN INTEREST

OI is the most important tool for Leverage Trading.

It's the best tool to judge

- Long/Short sentiment.
- True volume strength.
- Market Structure.
- True Liquidity.
- Shift in trend

Please share it. Every trader needs it.
THIS IS ALL YOU NEED.
Open interest is the metric that tells you the number of open derivatives contracts (Futures or options).

Each contract has 2 sides. Buyer and the seller or longs and shorts.

The number of open(active) trade contracts is called Open Interest.
People often confuse volume and OI. While they are related, they aren't the same.

Volume talks about the number of contracts traded during a day. Buy + Sell = 1 Contract Volume.

Open Interest is explained below.
Read 23 tweets
1 Sep 20
Beginners are obsessed with complicated strategies.

Simple methods work wonders in the long run.

I will show you an EMA strategy to make big money without any leverage.

Simple doesn't mean low profit.

Share it! All beginners need it.

A thread.
Tools.

-13,21 EMA on Daily.
-200 EMA on 4 hourly.
-Volume confirmation.

Premise.

1. Bullish crossover on the daily chart for 13 and 21 EMA.

2. 200 EMA on the 4 hourly chart acting as support.

3. All breakouts confirmed by volume.

(13,21 EMA sloping upwards)
On the daily chart, 13 and 21 EMAs, should form a bullish Cross over.

1. The 13 EMA should be over the 21 EMA after a contraction.

2. Both EMAs should be upward sloping.

3. The price should be above the EMAs.
Read 7 tweets

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