TW - The Wealthy Trader Profile picture
Oct 23, 2021 23 tweets 18 min read Read on X
Here’s a 22 tweet thread

A 22 tweet thread of wins from the first week with our new members

Wolves Win. They thrive on knowledge so the next kill is even easier. They work with the pack (community) to accomplish this.

The movement is only beginning. #Wolves are taking over.. Image
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More from @RealJGBanks

Dec 21
Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $VIX Image
$SPY $SPX $QQQ $VIX Image
$SPY $SPX $QQQ $VIX Image
Read 22 tweets
Dec 14
After trading for 11+ years and experiencing $100,000’s of losses and $1,000,000’s worth of profits

Below is what I wish I would had known to grow a SMALL ACCOUNT

This method gave me my first $100,000 year trading 🧵
$SPY $QQQ $SPX $VIX Image
1. Risk Management

Full porting and risking most of my account is what I thought would make me the most money. In the end it lost me the most.

Protection of your capital is key in growing your account.

REMEMBER: No trade and No loss is better than trade and a loss.
2. Expectations

Like most say it’s a marathon not a race. Expecting to get rich quick will get you losing quick.

Using $500 and looking for 20% wins nets $100 a day.

$100 is $25k a year raise while you work your 9-5.

Once you’re ready to can scale. COMPOUND.
Read 12 tweets
Nov 30
Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $NVDA Image
$SPY $SPX $QQQ $NVDA Image
$SPY $SPX $QQQ $NVDA Image
Read 22 tweets
Nov 23
𝐇𝐎𝐖 𝐓𝐎 𝐂𝐇𝐀𝐍𝐆𝐄 𝐘𝐎𝐔𝐑 𝐓𝐑𝐀𝐃𝐈𝐍𝐆 𝐈𝐍 𝟔 𝐌𝐎𝐍𝐓𝐇𝐒

Here’s how to go from losing $100’s and $1,000’s to becoming a profitable trader in 6 months

🧵👇

$SPY $SPX $QQQ
FOCUSED ON ONE SETUP

- Focus on one setup and master it

- Trading is about being patient and executing

- No setup no trade and stick to that

- My favorites are Breakout to the upside when market is trending up and Breakout to the downside when it’s trending down
JOURNAL YOUR TRADES

- Journal your entries and exits

- Emotions before during and after trades

- What I saw in the trade and why I took it

- Did I win/lose the trade and was it my fault or normal market loss

Review, Fix and apply to next trade and Repeat
Read 8 tweets
Nov 16
After trading for 11+ years and experiencing $100,000’s of losses and $1,000,000’s worth of profits

Below is what I wish I would have known to make money trading to quit my job 🧵
$SPY $QQQ $SPX
1. Risk Management

Full porting and risking most of my account is what I thought would make me the most money. In the end it lost me the most.

Protection of your capital is key in growing your account.

REMEMBER: No trade and No loss is better than trade and a loss.
2. Expectations

Like most say it’s a marathon not a race. Expecting to get rich quick will get you losing quick.

Using $500 and looking for 20% wins nets $100 a day.

$100 is $25k a year raise while you work your 9-5.

Once you’re ready to can scale. COMPOUND.
Read 12 tweets
Oct 19
I went from losing money day trading to making $1,000’s a day.

What helped me become profitable is understanding 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲 𝐆𝐫𝐚𝐛𝐬, and 𝐏𝐫𝐢𝐜𝐞 𝐀𝐜𝐭𝐢𝐨𝐧 to enter and exit trades

Here is the strategy I use on how to find and read them 👇

$SPY $SPX $QQQ $TSLA Image
1. 𝗜𝗗𝗘𝗡𝗧𝗜𝗙𝗬𝗜𝗡𝗚 𝗠𝗔𝗥𝗞𝗘𝗧 𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘𝗦/𝗧𝗥𝗘𝗡𝗗𝗦

Uptrends - Are identified by Higher highs and higher lows

Downtrends - Are identified by Lower high and Lower lows

Sideways - Is identified by the lows and highs almost if not equal forming a box Image
2. 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘𝗦 𝗧𝗢 𝗨𝗦𝗘

MACRO TRENDS

- DAILY WEEKLY MONTHLY

MICRO TRENDS

- 4HR 1HR 30Min 15Min 5Min

Micro trends will help you identify a intraday trend for good entries and exits

Macro trends will help you identify the overall trend to keep you in the trade
Read 10 tweets

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