NOAN 🐐 Profile picture
Apr 26 6 tweets 2 min read
It is not a short cut, but few strategies for winners 👑💰
A) 70% Win Rate To Make You Rich:
1.Chose one or two strategies based on your profile
2. Add one or two indicators for confluence
3. Back test at least 100 charts/set ups
.. cont ❤️
#LearnWithNoan
RT & tag your friends
Try to win at least 70% trades on back testing
4. Proceed with paper trading & achive at least 70% win rate
5. Then trade with small margin & no leverage, win 70%
6. Gradually increase the trade size
.. Contn...
7. You will be confident & you won't panic when trading with large size trades
B) 70:30 long short ratio to make you rich
1. Never go all long or all shorts
2. In case of bull market maintain 70:30 long:short ratio in terms of trade size
.. Contn...
3. For example if your total trade size (not number of trades or margin) is 1000$ the ratio is 700$:300$
4. An unexpected news or event may trigger the market to take U turn for the momentum
5. Your longs will be stopped out and shorts will start printing
Contn...
6. In case of bear market, maintain 70:30 short:long trade size

C) 70:30 Wallet balance: Margin Balance

1. Always make sure at least 30% of your wallet balance is available for trading
2. It protects your account from getting rekt
..contn..
3. You may use this balance to DCA & exit a failed trade
4. You enter a new trade when you identify and high probability set up

D) 70:30 work life balance (I don't want elaborate this topic)

Happy Trading
#LearnWithNoan

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More from @CryptoNoan

Feb 27
He is a pointless, imbecile..bookish 'buy support, sell resistance' type, self proclaimed TA expert.

He is a potential whale food supplier, he would lead us directly to the whales'mouth.

95% of day the traders lose their capital to the MM.

Let me explain...
...cont...
1. We have a defined 'Initial SL', which is between 1 to 6%, sometimes even higher. We can calculate risk before entering a trade. You may take it or leave it, based on your risk appetite

2. Once in profit, we book partial profit and move the SL to the entry. (Dynamic SL)
Cont.
3. But we don't set a specific target, we go with the flow.

4. We enter a trade after a break out. We don't book profit until we see a reversal. Even on reversal we will book only a partial profit.

#LearnWithNoan
Read 7 tweets

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