Emperor👑 Profile picture
Sep 30, 2021 12 tweets 2 min read Read on X
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 🚀🚀

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Emperor👑

Emperor👑 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @EmperorBTC

Jul 2
Some Changes I would make to my trading if I started again.

1. A few winning trades is a myth. Don't Listen to stupid influencers who keep telling you that you just need a few winning trades. You can't 2x your portfolio by risking it all in one trade and then assume you'll keep doing the same forever.
You need to risk small or maybe higher if you're very sure about the trade with higher conviction.
Higher risk has always blown portfolios. Anyone telling you otherwise is selling a course for a living.
Small risks, many trades. If you're really sure or early or have insider info about a trade, then can skew the risk higher.
2. For swing trading, nothing is more important than market structure and people make losses because they don't want to believe the market structure or keep holding onto a losing trade, even when they can see a different market structure.

Market Structure is there for a reason, use it, study it and believe in it.
3. You can't me use the same mindset, data and zones for different types of trading.
Each type of trading, Scalping, swing or investment is to be done in different time scales and you need a different zone and need to ignore a few zones for different time length of trading.
Read 5 tweets
Sep 9, 2024
How to Build a Scanning System 💯

You should have clear Steps to be followed when looking at a new Chart. No guess work.

Here is my System.

A Thread. Image
Step 1. Select Time Frames

One Month Chart.
Investment for One Year+

Weekly Chart
Minimum 3 Month to 1 Year Positional trades.

Daily Chart
7 Days to 3 Months Short Term Positional.

Hourly Chart
Planning to Exit the Next day or within 7 Days.

30 Minutes
Exiting withing 24 Hours.

5 Minute Chart
Day Trade. Exiting the same day or Session.Image
Step 2. Find Levels of Interest.

Timeframe to draw levels should be higher than Execution Timeframe.

Eg:
Want to trade the Hourly Chart.
Then Levels to be drawn on the 4H and Daily chart.

Study Price Action Levels Tutorial to find the right Levels.

bit.ly/3SNyxnq

Image
Image
Read 6 tweets
Jun 13, 2024
What new Crypto Traders Should do

v/s

What new Traders Do.

A ThreadImage
Constantly be online with friends trying to follow price movement, capital movement, inflows and activities of projects.

And Not

Waiting for notification from their twitter influencer about their next shitcoin.
Study 100s of charts a day, study volume and Buy/Sell pressure and mark areas of interest.

And not

Ask people on twitter for TARGET.
Read 8 tweets
May 13, 2024
Altcoin Price Update 💯

A Mega Thread for All Major Altcoins and how to trade them.

Book Mark and Study for your trades.
BNB

Since our last update, we flipped the 0.0093 resistance level, now forming a new range
Expecting a small range against BTC here before continuation higher.

Suggestion - Hold on to bottom entries if you bought with me around $500. Image
SOL

Tricky situation, if we hold range high we just flipped, I expect to reach $170 soon

Bidding region would be under $135 sweep based on BTC chart. Image
Read 7 tweets
Oct 11, 2023
𝗖𝗢𝗠𝗣𝗟𝗘𝗧𝗘 𝗩𝗢𝗟𝗨𝗠𝗘 𝗧𝗥𝗔𝗗𝗜𝗡𝗚 𝗖𝗢𝗨𝗥𝗦𝗘.

A Thread. Image
1. VOLUME PROFILE BASICS CHEATSHEET:

Directly see the Volume Profile lessons below in Tweet number 4 if you don't understand this cheat-sheet. Image
2. Volume Profile Jargons. Image
Read 13 tweets
Sep 13, 2023
4 New Data Driven Indicators I use for scalping.
Image
1. Visible Range OI Delta Profile on @coinalyzetool

Shows where traders are entering and exiting. Use this like VPVR.

Use this indicator on LTF to identify trading levels in a trending market.

In range, use this to scalp on either side as target when price deviates. Image
2. Aggregate OI:

Having net open interest across all trading pairs is very useful.
Sometimes, one exchange will market enter large long positions while there is no action or selling action on other exchange. This filters out misinterpretation of that data to a large extent. Image
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(