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Target Achieved 132.25 🎯- and going for more 💰💰 Image
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More from @SKTrading6

1 Aug
It's the weekend!

Grab a cup of coffee, in this thread 🧵I will explain basic concepts of trading

1⃣Trading Plan
2⃣Trade Setup
3⃣Trading Strategies
4⃣Trade Trigger
5⃣ Stop Loss
6⃣ Price Target
7⃣ Reward-to-Risk

Let's dive right in.

Please like ❤️and retweet 👍 Image
1⃣Trading Plan must include

➡️Timeframe - Minutes to years
➡️Markets - Equity/Currency/Futures/Options
➡️Risk Management - Capital Risk per trade
➡️Conditions - Ranging/Trending
➡️Entries - Pullback/Breakout/Crossover
➡️Exits - Stop Loss /Initial Target & Trailing SL
2⃣Trade Setup is based on Trading Plan. It is the reason for your trade.

For example: If you are expecting a breakout in a stock. that is the reason for your trade.

If your reason for trading isn't present, don't trade.
Read 10 tweets

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