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Sep 2 • 4 tweets • 8 min read
Traders to follow on Twitter Thread: 🧵

Day Trading: @BearBullTraders
Mentor: @DanFitzpatrick
Charting Platform: @TrendSpider
Forex: @austinsilverfx
eCourses: @MarketsDecoding
Education: @Rayner_Teo
Options: @Ardi_Aaziznia
Trading Journal:@tradesviz
Simulator: @tradersync

And👇
Market Wizards to follow on Twitter: 🧙🏻‍♂️

@DanZanger
@markminervini
@basso_tom
@rjparkerjr09
@LindaRaschke
@PeterLBrandt
@ChrisCamillo
@InsiderBuySS
@opptrader1
@RayDalio
@EdwardOThorp
@TradingTribe
@MARTINSCHWARTZ4
@pborish

👇
Top Trading Authors on Twitter:

@Covel
@jackschwager
@williamoneilco
@vantharp
@Dr_A_Elder
@MarwoodJB
@priceinaction
@Tradeciety
@Tradersreality
@TradingComposur
#TheStrat Traders to follow:

@RobInTheBlack
@TradeSniperSara
@CyberDog2
@kostchamore

Who else would you add to this thread to follow?

What other category would you include?

👇

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More from @SJosephBurns

Steve Burns Profile picture
Sep 2
Lao Tzu Quotes For Traders:
“The journey of a 1,000 miles begins with a single step.” – Lao Tzu

Success in trading takes time,energy, study, & effort. The way to begin is to start working on your process today. Keep working on each step required to be successful, one by one, keep moving closer to your goal
The steps to successful trading are:

1. Watchlist
2. TimeFrame
3. Backtesting
4. Diversification for markets & signals
5. Position sizing
6. Max risk exposure
7. Drawdown risk tolerance
8. Win%
9. Risk/reward ratio
10. Return estimate
Read 19 tweets
Steve Burns Profile picture
Aug 31
The District of Columbia is suing MicroStrategy $MSTR founder & executive chairman Michael Saylor for allegedly never having paid any income taxes in the district in the 10+ years he has lived there, AG Karl A. Racine announced in a tweet on Wednesday. CoinDesk #Bitcoin
I thought #Bitcoin fixes taxes?
Read 4 tweets
Steve Burns Profile picture
Aug 31
Trading Lessons from The Art of War

Here are ten principles from Sun Tzu that I believe we can translate to trading the markets:
“Appear weak when you are strong, and strong when you are weak.” – Sun Tzu, The Art of War

The markets extremes can defeat us when it appears strong when it is extremely overbought and due for a reversal or it appears weak but is extremely oversold and due for a bounce.
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” – Sun Tzu
Read 17 tweets
Steve Burns Profile picture
Aug 30
The Millionaire Next Door Formula:
In 1996 two professors studied a sample of millionaires in the United States to understand the path that took them to a million dollar net worth. The results were very surprising as their path and lifestyle was very unexpected. They studied self-made millionaires.
Here is what that study found that worked for the millionaires they surveyed:
Read 16 tweets
Steve Burns Profile picture
Aug 27
10 Metrics that Lead to Trading Profitability:
Expected win versus loss percentage. Knowing your expected winning percentage performance is the first step to profitability.
Average win size. The higher your winning percentage, the smaller your wins need to be. The smaller your winning percentage, the bigger you wins must be to make you profitable.
Read 12 tweets
Steve Burns Profile picture
Aug 26
What Powell said at Jackson Hole:
Powell warns of ‘some pain’ ahead as the Fed fights to bring down inflation
Fed Chairman Jerome Powell on Friday pledged that the central bank will “use our tools forcefully” to attack inflation that is still running near its highest level in more than 40 years.
Read 6 tweets

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