The Chartians Profile picture
Aug 27 24 tweets 3 min read
I’ve went from knowing nothing about Trading to currently mentoring 400+ people!

30,000+ hours of experience summed up in 30 lessons.

A thread🧵
1/
The amount of time you spend in the market trading/investing will always give you more insights than reading 100s of books
2/
If you treat markets as a sole income generator, your chances of underperformance due to compulsion of income generation will always be higher !
3/
4-5% a month is always better than chasing unlimited downside risk strategies that promise you 40-50%
4/
Your chances of making money in a stock sitting near 52wk high will always be more than a stock sitting at 52wk low
5/
It is not about the % move in a stock but about the size of portfolio with same risk
6/
Trades can be copied, risk management cant !
7/
The more you fear about losing money the more likely you are to lose it
8/
As a trader your responsibility is to manage risk. The reward part is with the market.
10/
Always take a trade with a fresh mentality to manage your risk and not to recover your losses.
11/
The holy grail in momentum is 200DMA
12/
One wrongly managed trade can take away your gains of past well managed trades
13/
4% a month for the next 18 months doubles your money !
14/
The more you are with the trend the more likely you will be rewarded
15/
Only a liar and god can help you catch tops and bottoms, if you managed to catch one you could be lucky
16/
Every good trader is always a bad trader who learned to manage risk over the time
17/
If you think you are the greatest trader, you are less likely to be a not. Market is the greatest trader who trades experience with money and money with time
18/
A successful trader should neither be sad nor be happy on a winning or a losing trade

19/
As a trader regular homework to scan stocks can take you places than any software can ever

20/
Far more money is lost in anticipation than in actual trading
21/
Your chances to make money from #tataelxsi at 10,000 will be always more than #yesbank at 15

22/
Don’t try to find the next multi bagger, try to find the next mover where your bag is heavy !

23/
200ma is also called as the mother of all averages
24/
Chase momentum not sentiment

25/
No software can give the results of stock scanning manually

26/
The most difficult part of a trade is to wait
27/
As a trader the most under rated thing is exit in a trade rather than entry

28/
Following one system 100 times will give you more money than following 100 systems 1 time

29/
Don’t try to catch every move, rather try to catch a move that everyone didn’t !
30/
You your self are the only multi bagger!

Trade well and Cheers ! 🥂
If you liked the content then retweet and like the initial tweet :

• • •

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

Keep Current with The Chartians

The Chartians 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 @chartians

Aug 28
Trading on chart patterns is difficult until you read this !⚡️

Everything about Ascending Triangle Pattern

Free Technical Analysis course (3/10) 🧵
Ascending triangle is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows.

Horizontal line is the resistance, trendline indicates higher lows, i.e. uptrend.

It is a bullish pattern. Image
How we trade Ascending Triangle pattern?

We try to find out stock that has this pattern but has not given a breakout above the resistance. That means it is forming higher lows and consolidating near resistance.

We track it before the breakout to capture a big move on breakout.
Read 9 tweets
Aug 25
They say only 1% of people actually succeed in the markets and the other 99% don't.

Here are 10 reasons why you might be losing money like the 99% 🧵:
7th reason is a must read!
1/ Trading on tips and calls shared on Twitter and Telegram:

Following a random person on social media thinking that the accuracy is good.
Next time the person gives the call, you put in huge money without following money management and trade goes against you.
2/ Options (both buying and selling):

- Taking a heavy position in Hero Zero Trades.
- Buying options and that option price becomes half and you don't exit hoping for recovery and later it expires 0.
- Selling options in hope of Theta Decay and big move happens against you.
Read 15 tweets
Aug 22
15 Chrome extensions
15 minutes to install
15 hours a day saved

15 chrome extensions you wish you knew about yesterday 🧵:
Pre summary :
Zerodha Scrip Plus : chrome.google.com/webstore/detai…

This plugin provides a range of fascinating features. It expands the #Zerodha Interface Full-Width.

It makes the words seem bold in Market Depth.

It automatically calculates your brokerage & taxes and shows them immediately
Read 19 tweets
Aug 21
Trading on chart patterns is difficult, Until you read this ! ⚡️

Everything about Cup and Handle Pattern

Free Technical Analysis course (2/10) 🧵
A cup and handle price pattern on a stock chart is a technical setup that resembles a cup with a handle, where the cup and handle both are in "U" shape, but the handle base is above the cup base as seen from below image.

Technically, it is a continuation bullish pattern.
Now how we trade cup and handle pattern?

We try to find out stock that has the pattern but has not given a breakout above the resistance that means it is in formation of handle.

Generally, big move happens on breakout itself hence; we track the stock just before breakout.
Read 9 tweets
Aug 15
Everyone wants to own a 10-20 bagger 🚨✅

But 99% dont know that all MULTIBAGGERS have these things in common.

10 characteristics of trading Multibaggers:
Pre summary:
Baggers to study :
1. Tata Elxsi
2. Elecon
3. SRF
4. Mirza

Returns in % attached below :
Read 19 tweets
Aug 9
Google sheets is used by almost 99% people in the world 🌎

Most people don’t know how to use it for TRADING and INVESTING purposes 📖

10 features everyone should know :
How you can use some secret features of Google Sheet and Google Finance in your trading together?

5 things that a trader should know and implement:
GOOGLEFINANCE(ticker, [attribute], [start_date], [end_date|num_days], [interval])

Above function is a basic one.

Let's decode each parameter in this:
1. Ticker: This is the symbol of the stock.

"NSE: RELIANCE" is the ticker for Reliance Industries
Read 14 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 on Twitter!

:(