Alex B | BTheTrader Profile picture
📈 Day Trader | YouTuber | Process focused
Jul 17, 2024 7 tweets 3 min read
One of the greatest retail traders of our time:

Tim Grittani

He turned $1,500 into multi-millions over a decade.

He is a wealth of knowledge and hosted an hour-long trading presentation revealing everything.

Here are 4 key lessons from it (in less than 4 minutes): Image 1. Don't fear losses; embrace them as a necessary part of trading.

Try hiding your unrealized and realized profit or loss.

Focus on the trade at hand, not your PNL.
Jul 10, 2024 11 tweets 3 min read
This is Ed Seykota.

He turned $5,000 to $15,000,000.

With nearly 60% average annual returns, he is a true market wizard.

Here are 8 lessons that he credits for his success: Image 1. The three rules for good trading:

"The elements of good trading are 1. cutting losses, 2. cutting losses, and 3. cutting losses. If you can follow these three rules, you might have a chance"
Jun 17, 2024 12 tweets 2 min read
The man who turned $1,600 into $200,000,000 in 10 years.

Here are 9 quotes from the legend Richard Dennis (you need to hear): Image 1. "I’ve learned that markets, which are often just mad crowds, are often irrational; when emotionally overwrought, they’re almost always wrong."
Jun 12, 2024 8 tweets 3 min read
You are not a bad trader.

You just have an unprofitable mindset.

Here's how you fix it (from experts in the space): Image You can't avoid being wrong,

And trying to escape this fundamental truth in trading,

Will only hinder your progress.
May 27, 2024 15 tweets 2 min read
Mark Douglas once said:

"The consistency you seek is in your mind, not in the markets."

Here are 13 things I learned from him: Image 1. Understanding and releasing fear from past trading experiences is crucial for better trading performance.
Apr 10, 2024 8 tweets 2 min read
One of the most prolific swing traders:

Kristjan Kullamägi.

He turned just under $10,000 into over $80,000,000 in less than a decade.

Here are 6 key lessons from his journey: Image 1. Trading is a waiting game.

You need to have patience in order to make money in the markets.

Wait for your setups,

And the money will follow.
Apr 8, 2024 6 tweets 2 min read
5 sentences that hold trading wisdom from the past 40 years:

1. “A stock operator has to fight a lot of expensive enemies within himself.” Image 2. “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”
Apr 1, 2024 8 tweets 3 min read
This is Mike Bellafiore.

He's responsible for more millionaire traders than I can count.

With over a decade of experience and now running a Proprietary Trading Firm in NYC,

He knows how to make winning traders.

Here's how he does it: Image Backstory:

Mike ditched law school for trading after his best friend introduced him to it.

He quickly got hooked.

Unplanned he ended up working at a trading firm in 1997, making it big in the tech stock boom.
Mar 18, 2024 8 tweets 3 min read
I'm obsessed with mastering the trading mindset.

So, I spent 100s of hours studying Mark Douglas (creator of Trading In The Zone).

Here's how to create a winning trading psychology: Image Where trading frustrations come from,

And how to solve them.
Feb 7, 2024 14 tweets 2 min read
13 Qullamaggie quotes every trader needs to live by:

1. "If you master this setup you will never have to work another day in your life." Image 2. "Look for stocks with BIG relative strength. If you have a stock that goes up a lot and then stops going down when the market goes down. The stock is trying to tell you something!"
Jan 17, 2024 6 tweets 2 min read
I recently met the king of technical analysis.

Who became a millionaire trader primarily using one indicator.

If you want to do the same,

Here's a full breakdown of the indicator + how he uses it: VWAP.

Most traders have heard of it,

It stands for Volume Weighted Average Price.

But there is a slightly less known version called anchored VWAP.

The difference is you state the bar it starts calculating from,

Allowing us to plot a VWAP from key chart areas. Image
Dec 6, 2023 6 tweets 2 min read
I've been trading for over 7 years,

And was unprofitable for 4 of them,

Until I was given 4 tips from 4 traders ahead of me.

That completely transformed my trading,

And I want to share them with you: 1. Having a lost journal.

This doesn't mean going through every loss trying to figure out how to avoid them,

As losing is a part of trading.

But it does mean assessing each loss to determine if you made a mistake or an unnecessary trade.

Holding yourself accountable. Image
Nov 13, 2023 6 tweets 2 min read
I've talked to over 100 traders ranging from beginners to 8-figures a year.

Over these 100s of conversations,

I've learned lessons that transformed my trading mindset.

And instead of keeping them a secret,

I want to share them with you.

Here are the top 5 you need to know: Mistakes are natural.

Even 8 figure traders make mistakes.

So don't define your trading by if you made a mistake,

But on how you responded to that mistake.

Did you acknowledge and find ways to handle it better in the future?

Or did you beat yourself up?