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

Jul 2
Give me 2 minutes,

I’ll show you the exact setup that pays me $1–3k on repeat.

No indicators, no overthinking, just the cleanest setup you’ll ever trade

Here’s how it works:
🧵 Image
There are only TWO types of trades you can take:

- Breakout
- Mean reversion

Price will either move BACK to the level it came from,
Or breaks out to the next level

That’s it. Up or down.
Supply and demand levels tell us exactly where price wants to go

Those are your targets.

The only question is:

Are you playing the continuation… or the reversal? Image
Read 10 tweets
Jun 25
I wasn’t losing because of my strategy,
I was losing because I couldn’t execute it.

Then I made this ONE shift in my execution that made my PnL soar

Here's how I did it:
🧵
Anyone can sound smart after the move happens

But execution is what actually brings the money home.

The hardest part is pulling the trigger when it’s time
Even with a system, I still had:

– Late entries
– Early exits
– Forcing trades when I was up
– Holding losers past breakeven

I didn’t have an edge problem,
I had an execution problem.
Read 15 tweets
Jun 15
If I lost everything and had to start from $0…

I’d be making $10k/month within 6 months.

Here’s the EXACT process I’d follow to get there, step by step:
🧵
It took me years and a lot of money before I finally made $10k/month

But if I knew what I’m about to show you, I would’ve hit it within a few months while spending very little capital

This is the roadmap:
MONTH 1: -$500

If I had no capital, the easiest way to get capital would be funded accounts

I’d buy a 50k eval, which usually costs $50-$100

You only want to do ONE eval at a time until you pass it.
Read 18 tweets
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

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