Learn to Trade Challenge.🚀

Learn how to trade on your own.

A THREAD.

Please share with every new trader you know.
1. No Bullshit Philosophy. This won't be easy.

2. Practical advise that will work for you if YOU WORK FOR IT.

3. Let's go.
Understand that it doesn't take a genius to become a trader. You need an above Average IQ and a lot of Trading time.

Disclaimer-Screen time doesn't mean starting the screen. It means executing trades when there is one and letting it play, 1000 times.
1. Go to My Telegram and Read whatever is in the Index.

t.me/EmperorbtcTA/4…

It will hardly take 1-2 days.

2. If you like Videos, Go to Crypto Cred.

3. If you like something else, just study those. There are too many resources like insiliconot and Adam' free stuff.
Things to MUST Follow.

1. Must Follow Risk Management on all trades. Read my guide on Risk Management here and Drill it in your head. DON'T PROCEEED WITHOUT THIS.

2. WAIT FOR AN ENTRY. If you're not waiting for an entry, you're nor trading.
Yoire a lion. Wait for your prey.
If you don't understand anything, Google it.

If you still don't understand it, just move on to the next topic.

Remember, you don't need too many tools. I can't tell you which tools are the best but choose the easiest one, and stick to it.
Now.

Do 100 trades. Any high liquid pair.
Any time frame. I don't care.

Wait for an entry. Known where the invalidation is and set 3 Level Take Profits.

To be set at the next 3 resistance.
Example.

If you think that 41K, 42K and 43K are resistances, set your Take Profits in some ratio at those levels.

Eg. 30-30-40%
Remember.

1. Ask youself 10 times before entering. There is no rush.
2. The same opportunities will come tomorrow, so it's stupid to rush.
4. The same R:R can exist the next hour's price level, so don't rush.
5. DO NOT RUSH.
Follow the Above.

1. Do 100 trades in total. Slowly with the easiest tools. Journal it.
2. Don't rush entry.
3. Mark TP and SL.
4. Don't risk more than 1-3%.
5. Let the trade play out. Forget about it.

And see where you stand in 3 months.

No Paid Groups. Your own Analysis.
This was a no nonsense guide to starting trading.

I have not said anything new or shared anything amazing.

This is common sense but sometimes we just need a Push.

Be the Push you want to see in this world.

SHARE this and make your friends do it too.
I will check on you guys in 3 months and see how many of you actually did it.

No Paper trades. Study. And start with a small sum to get skin in the game.

Let's Go 🚀🚀

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More from @EmperorBTC

29 Sep
Master-Class on OBV indicator.

OBV is an indicator which measures volume flow.

It is the simplest volume indicator but the most useful to confirm price trends.

Share and read twice.

A Thread.
OBV Stands for On Balance Volume.

It shows the buying or selling pressure.

I discovered OBV in the Book
'New key to Stock Market Profits'

Let's understand how its calculated.

YOU MUST understand how it's calculated to use it.
New traders don't bother to understand how the indicator is derived.

This is a fatal mistake as it makes the information useless mostly.

OBV is calculated by
Adding volume to the indicator when the price goes up.
Subtracting volume from the indicator when the price goes down.
Read 18 tweets
27 Sep
HOW TO GET REALLY RICH WITHOUT LOSING YOUR MIND.

A thread.
1. You can't become really rich by being an employee.

If you're getting paid by the hour, Someone is using you far efficiently by making profit off of your work, after paying you the labour.

Own your output.

Become your own boss, own a business or equity.
2. You will never become rich doing something you're mediocre at.

You will never become really good at something you dislike doing.

Find what you really like doing.
Find how to deliver it to people.
Find how to sell it.

Find interest. Build. Market. Sell.
Read 10 tweets
23 Sep
MASTER THREAD On Trading Terminology. 💯

If you are confused trading terms, but beginner and advanced, Read this thread.

Read. Share. And RT

Let's Go🚀🚀
The above Explains

1. Basics of Volume Profile. No need to Panics if you don't understand VP, just understand the definition for now.

2. Explains DOM, Deviation and Liquidity Grab.

Please take the time to read the above slowly and carefully.

Deviation explanation here.👇
Cheat Sheet 2.

Explains Basic price patterns and price movements explained.
Read 8 tweets
22 Sep
If you join any Paid Group, ask the Paid Group Leader for a 12 Month API Verified Trading statement.

If he can prove that he has been consistently profitable every month for an year, only then are they a good trader.

Anyone can go Degen in a month and make big money.

Get me?
I don't hate paid groups, it's a service that you are free to pay for in a free Economy.

You like the service, you pay for it. Period.

However, you should be verifying the traders themselves.

Ask questions. Ask for consistent reports and trading records.
I have seen traders attracting Noobs by saying, I turned 5K into 50K

How did you turn it, Did you manage risk? Was it a degen play? If it was degen play, it can't be recommended to Noobs.

If it can't be for Noobs, why are you using it as an advertising for your Paid Group?
Read 4 tweets
16 Sep
Master-Class on Stop Loss. 💯

No Exit Strategy= Bankruptcy.

Learn how to avoid Bankruptcy.

Read this PDF and Master the art of Invalidation and stop Loss.

Read. Share. Learn.

drive.google.com/file/d/140B6I9… Image
Having a fixed Stop Loss is a Myth.

You can't have a presumed fixed stop Loss for all trades.

Depending on the MS, you need to vary it on each trade.

Read about it above in the PDF. Image
Working with Delta to bring the best trading tutorials for free to the community.

Also working on a trading GROUP 💯

You can help in keeping the tutorials open by Signing up and Trading at
👉delta.exchange/EmperorBTC.

Thank you friends. Image
Read 4 tweets
8 Sep
🚨MASTER-CLASS on PRICE ACTION 🚨

Price Psychology and Market Formation.

Understand how price, trend and Market works.

Read multiple times and Share.

Love you Guys.

Link- drive.google.com/file/d/1za9saS… Image
This is an introduction to Price Action terms, movements, phases and initiation of trends.

If you don't understand anything, read it again like a story.

Don't try to memorise anything or get scared.

Read again, Take it slow and don't give up.

Next Part coming in a week.
A Clarification.

The Support and Resistance have been wrongly marked on opposite lines on page no. 13.

The message and teaching remains the same.

Please take note of this.

Apologies. Image
Read 6 tweets

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