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

• • •

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

Keep Current with Tradewriter

Tradewriter 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 @Tradewrite

Apr 8
This is the ONLY thread you’ll ever need to build a 6-figure trading career.

I’m giving away my entire edge.

This is the exact system I use to milk the market, day in and day out:
🧵
A strategy isn’t just about having an edge,

It’s about having an edge that YOU can trade consistently.

The best strategies are mechanical.
Simple, repeatable, built for execution.
The LCE model follows this precisely.

It stands for level, confirmation, execution - the three steps for every trade.

It’s so simple & lucrative, you’ll wish you found it earlier.

Let’s break it down:
Read 10 tweets
Apr 6
There’s a moment when the market quietly flips sides,

And gives you a clean shot at catching the entire reversal.

It’s called the cloud flip, and it’s deadly accurate.

Here’s how this ONE setup took me to 5-figures a month:
🧵 Image
First, we need to set up the cloud indicator 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
The cloud flip only has two steps:

1. Price must be in a supply/demand level
2. The cloud flip itself (bottom line crosses top or vice versa)

Let’s break it down:
Read 12 tweets
Apr 2
By year 4, I was $85,000 in the red.

It felt hopeless

Until I applied this ONE rule that saved my trading career.

Here’s how I flipped to profitable - almost overnight:
🧵
I wasn’t really a *bad* trader, I just couldn’t control my emotions

Giving profits back, taking trades I wasn’t supposed to, avoiding trades I should’ve taken

It felt like I was on a ship with a hundred holes

But this rule plugged EVERY leak at once:
It’s called the profit lock rule.

It protects your wins and silences your emotions.

It goes as follows:
Read 13 tweets
Mar 25
This 3-step system makes me 5 figures every month - trading just 1 setup

It’s stupid simple. No indicators. No fluff.

And I’m about to let you steal it (in the next 2 mins):
🧵 Image
There are only 2 types of traders:

Hard money and easy money.

& they live in completely different realities.
Hard money traders are stuck in survival mode

Every dollar of profit is a struggle to make.

They watch the market in confusion, wondering how anyone makes this work

Easy money traders treat it like a sport.
They enjoy the game - and get paid handsomely to play it.
Read 14 tweets
Mar 17
The market doesn’t reward effort. It rewards precision.

Trading all day wrecks your psychology & overtrading eats all your profit.

I learned that the hard way - until I broke the cycle and finally started making real money.

Here’s how to trade less and make more:
🧵
Trading is one of the hardest skills to master because it goes against human nature.

In most businesses, more work = more money

In trading it’s usually the opposite

Constant trading will drain your time, energy, and money.

This is how we reduce our time and increase profit:
1) Stay semi-busy

Staring at charts for hours leads to boredom trades and FOMO, almost every time

Minimize the time spent onscreen

Most of what you see is just noise anyway. You’re not “learning” you’re overexposing yourself

Quality of screen time > quantity of screen time
Read 13 tweets
Mar 12
If I could go back in time, I'd tell myself this one thing...

Because I wasted 4 years and lost 5 figures before I figured this out.

If I had known THIS, I’d have been profitable in just 6 months.

Here’s what I wish I learned sooner:
🧵
Skill and 'talent' matter way less than you think.

Countless 'skilled' traders blow up and never see a dime.

The ones who survive and make money are the ones who can follow a strict set of rules.

Here are the ones that finally made me profitable:
1) Take 1-2 trades a day MAX

The more time you spend in the market, the more you're exposed to bad decisions

One bad decision leads to another & it’s a downward spiral.

Your psychology is a limited resource.

Stick to 1-2 quality trades, ignore everything else.
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!

:(