Tradewriter Profile picture
Sep 24, 2022 9 tweets 3 min read Read on X
HISTORICAL THREAD🧵 $SPY $QQQ $DJIA

There's been comparisons of this #stockmarketcrash
with that of 2008

People have been saying that 2022 is not 2008

They're not wrong, but let me give you a challenge
These are all weekly charts of the Dow Jones, so they're all significant bear markets and crashes. Can you tell me what year this occurred? Image
This one? Image
What about this? Image
This? Image
This one? Image
And this? Image
None of them are the Great Depression. In order, the crashes are in 1917, 1903, 1966, 1937 and 1907

The last one is 2008. Were you able to tell which year was which? Probably not.

The markets are a reflection of human nature and they tend to move in similar patterns over time
When fear steps into the picture, it doesn't matter what year it is or what's going on in the world

What we need to look at is how the market is reacting to it and how we can take advantage

When a stampede is coming your way, it doesn't matter if a lion scared them or a mouse

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More from @Tradewrite

Jun 6
I lost $85k over 4 years before finally becoming profitable.

If I knew what I know now, I could’ve done it in 6 months with under $1k

Here’s the shortcut I wish someone had given me on day one:
🧵
It's NOT about skill or reading the market perfectly

Plenty of “smart” traders blow up.

The ones who last just follow a simple set of rules consistently

Here are the rules that made me profitable:
1) Only take 1–2 trades a day

The more time you spend in the market, the more likely you are to force something that isn’t there.

That leads to emotion,

Emotion leads to revenge trades,

& we know how it all ends.

1–2 high-quality setups a day is all you need.
Read 14 tweets
May 30
You don’t need to be early, you just need to be right.

Most blow up trying to predict the move before it even happens.

I wait for confirmation so I can time perfect entries and catch the real move.

Here’s how I do it:
🧵
The fastest PnL killers are:

- Trying to nail tops/bottoms
- Chasing trades
- Entering right before confirmation for a “better entry”

Avoid at all costs.
Bad trades come from ego, not strategy

They do nothing but drain PnL

You don’t need the whole move, just the clean part in the middle that actually pays.
Read 11 tweets
May 28
Volume profile is the closest thing to a trading cheat code.

But 99% of traders don’t know how to use it properly

Here’s how to turn it into your unfair advantage & start printing money:
🧵 Image
Volume Profile shows you how much volume was traded at each price.

To use it right, focus on two areas:

High Volume Nodes (HVNs) – areas with heavy trading volume, where price slows down

Low Volume Nodes (LVNs) – areas with minimal volume, where price moves quicklyImage
Image
Ever notice how wicks often reject hard off random-looking spots?

They’re not random.

They’re LVNs - which have no real buyer/seller interest.
Price snaps back to HVNs, which are the market’s backbone
Read 10 tweets
May 26
Trading is nothing more than sitting on your hands and waiting until it becomes easy.

But how do you know when it’s easy?

Here’s how to know exactly when the market hands you an easy setup (and not fumble it):
🧵
Most of the market is untradable noise.

You don’t get a medal for trying to trade in hard conditions

The best traders wait for easy environments, get clean money, then do nothing until it becomes easy again

This is how:
To find high-probability conditions, we need to use an indicator called the EMA cloud.

On tradingview:

1. In the indicators tab, type “ema cloud” and select the 2nd option
2. Go to the EMA cloud’s settings and change the values to 20, 50, 50 Image
Image
Read 12 tweets
May 18
This ONE setup makes trading feel like cheating.

It’s so clean, you’ll wonder how you ever traded without it.

No more gambling disguised as trading.

Here's the exact breakdown:
🧵
As a trader, the best thing you can hope for is a strong, directional move.

Almost like free money if you know how to catch it.

Some traders stay breakeven for weeks, then make their entire month by pressing harder on two or three clean trend days.
Why are these days so important?

Most of the time, the market is incredibly difficult and wears you down

But when we get a real trend, trading gets easy.

Clean entries, wide targets, and size up without fear.
Read 13 tweets
Apr 22
ES is the cleanest market to build real wealth in trading

You can start small and turn it into life-changing money

But ONLY if you know how to trade it the right way

Here’s the simple method I used to master ES and trade a system that scales for life:
🧵
More and more traders are switching to ES futures.

They offer consistent & repeatable setups like no other market.

Whether you trade a personal or funded account, here’s the precise blueprint to print serious cash in this market:
The best ES strategy is simple and repeatable.

Those are the only two metrics that matter.

We’re not here to gamble or chase lottery-ticket trades.

We’re here to build consistent, serious income - for life.
Read 15 tweets

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