Founder of LE Model I Levels & EMAs | Options Trader | Accountant
5 subscribers
Aug 6 • 19 tweets • 7 min read
Most traders completely missed the free money layup last week.
I made 360% on $SPY while you were busy figuring out WTF just happened.
Here is the ridiculously simple setup that hid in plain sight 🧵
1/ Friday was a masterclass in simplicity
While most people are studying 10 indicators and drawing Fair Value SMTs DD PoS 3.0. The market handed us the most obvious breakdown setup. The market wanted us to take advantage, but 90% of you didn't.
Jul 30 • 19 tweets • 7 min read
Stop overcomplicating trading.
The simplest method to quit your job is right in front of you.
Let me show you how I beat $SPY yearly return in 2 days 🧵
1/ Everyone is making trading sound way too complicated
You're out here studying the RSI FVG MACD EMA Cross Over that matches the intuitional order flow on the daily bias, while reading 35 books on technical analysis. Meanwhile I made 23% in two days with something that is stupidly simple.
Jul 23 • 19 tweets • 7 min read
The reason you're not making money trading is because you're using the wrong time frame
This 🧵will save your portfolio or you'll keep blowing accounts
1/ The problem with new traders
New traders just want someone to tell them what is the best time frame, because the REAL answer is: It depends.
If you got annoyed from me saying that congrats we just found out you will never make it in trading.
Jul 17 • 14 tweets • 5 min read
Your trading account is bleeding money because you trade like a degenerate gambler.
Here are the 3 rules that will fix your broken psychology and your save your trading account 🧵
1) Look, I Get it. Rules are for Nerds.
Yea Nerds who hit multibaggers while you're on a 15 day red streak following "alerts."
You know what's for losers?
Revenge trading after getting bagged and chasing the top. Do any of these sounds like you? 👇
Jun 25 • 15 tweets • 6 min read
The charts I get sent on a daily basis look like a 5th grade art project gone wrong.
Lets fix that in 5 minutes
How to setup your indicators and charts to look like mine🧵
1/ Software I use
I use TradingView for all my charting needs, no I am not sponsored I just like the product. I can find stocks to trade, news, and have pretty charts all in one place. I will provide screenshots to show exactly how mine is setup.
Jun 11 • 15 tweets • 4 min read
How to make an extra $5k/month trading this summer (to fund your second vacation)
Making money this summer will be a breeze🧵
1/ Why Summer is Different
Summer is different compared to the rest of the year, because people are on vacation. By people I mean institutional traders (people who actually move the market.) Traders traveling = less volume, but that doesn't mean money can't be made.
May 21 • 17 tweets • 7 min read
Your scalping strategy sucks, that is why you keep blowing your account.
Lets dive into the only scalping strategy you will ever need: Purple Profits 🧵
1/ What is Scalping?
Scalping has been popularized recently with the rise of futures trading. I swear though every futures strategy is so dang complicated. I want my scalping to be quick in and out, no more than 30 minutes. Steady gains and simple.
May 14 • 20 tweets • 7 min read
What is the best time frame for day trading?
Let's discuss what changed my trading overnight.
The Time Frame Tango🧵
1/ Problem
A new trader will just copy the time frame of their favorite trader and expect to make money today. This is not how it works. People just want to be told what to use, not HOW to use it. I will explain the HOW so you can start making $.
May 7 • 16 tweets • 7 min read
When I was a new trader everyone would tell me "just trade A+ setups."
and I say to myself annoyed "Well WTF is an A+ setup can someone just show me"
What is an A+ setup 🧵
1/ What is an A+ setup?
An A+ setup is another term for high probability setup. It is when the stars align and if you don't smack big size, it'll will keep you up at night.
Apr 11 • 13 tweets • 4 min read
How to quit your job in your cublicle using this one simple trick
Great for people who can't sit in front of the screens all day 🧵
1/ What time frame do you use?
A lot of people tend to stare at the 5m chart all day. What if I told you there's a better time frame that is perfect for people who work full time? Let me introduce to you the 30m chart.
Apr 3 • 16 tweets • 5 min read
How often do you hesitate before entering a trade and miss the entire move? Let's fix this ASAP.
Where to Enter Your Trades 🧵
1/ Intro
New traders get analysis paralysis because they don't know when to enter. This used to be me until I simplified my strategy and have clear criteria on when to enter a trade.
Jan 14 • 14 tweets • 5 min read
Do you work a full time job and can only trade from your phone?
The best mobile day trading strategy🧵
1/ The Indicators
You will need 3 Indicators:
🟣= 8ema
🔵= 20ema
🟡= VWAP
You will follow 2 simple rules
1. Candles ABOVE all 3 = Calls 2. Candles BELOW all 3 =Puts
Nov 15, 2024 • 15 tweets • 5 min read
How I actually make a living trading and you can too
Copy and Paste Strategy 🧵
1/ Background
I have been trading for 5+ years. I made an X account in 2020 its on my profile. I have been posting ever since about mindset, strategy, profits, and light humor trolling. I keep trading extremely simple. Over complication destroys PNL.
Nov 12, 2024 • 13 tweets • 4 min read
How to make $1,000 a day trading $SPY and $QQQ
Yes this works on a small account 🧵
1/ Background
If you have been following me for a while or are brand new to me I have posting crazy 100%+ gainers on $SPY and $QQQ for the last 4 years. I trade $SPY every single time my criteria is met. Why? because its legit free money.
Oct 23, 2024 • 13 tweets • 5 min read
There's one simple trick I use on a daily basis.
How to double your small account with 2 lines 🧵
1/ The Setup
First you need to mark the following lines on your chart or use an indicator that does it automatically.
🟢Previous Day High (PDH)
🔴Previous Day Low (PDL)
This is just the high and the low of the previous days high and low.
Aug 15, 2024 • 12 tweets • 4 min read
You sell for 20% I sell for 200%
Do you always sell early for 20% to watch your contracts double or triple?
Are your losers greater than your winners?
Let's fix this with 3 easy steps 🧵
1/ Step 1: Understanding the Basics of Trend
Fading the trend is the death of all traders. I have blown accounts and watched traders evaporate themselves into dust fading the trend. Now I leverage it to double my capital.
"The trend has hands" - Elly D 2023
Aug 13, 2024 • 9 tweets • 3 min read
So you want to trade?
But you can only trade from your phone?
Let me teach you how to make additional income from your phone using the 3 following criteria:
3 Indicators
3 Candles
in 30 minutes
🧵
1/ 3 Indicators
I use 3 indicators that dictate if I am going to buy calls or puts.
🟣= 8ema
🔵= 20 ema
🟡= VWAP
I have experimented when tons of indicators however I notice these are proven to be the most effective and commonly used.
Jul 29, 2024 • 12 tweets • 4 min read
#1 Question I get Asked
How do you mark your Pre-Market High (PMH) and Pre-Market Low (PML)
Lets answer that question 🧵
1/ Different Market Sessions
There is 2 market session 1. After Hours: 4pm-8pm EST 2. Pre Market: 4am-9:30am EST
We cannot trade options for the most part during these times, $SPX trades until 4:15 fyi.
Jul 2, 2024 • 13 tweets • 4 min read
How to pay your families vacation with a small account
Just by Mastering these 2 Simple Setups.
Lets dive in 🧵
1/ Summer Trading 🌴
You will hear lots of talk about the summer time and the stock market. People will say its slow and choppy due to vacation. However, there is still tons of money to be made. Someone has to pay for those yachts.
Apr 25, 2024 • 14 tweets • 4 min read
Work a Full Time Job?
Trade from your phone?
Can't sit in front of the screens all day?\
I have a solution for you.
The 30m chart 🧵
1. Why the 30m Chart?
The 30m chart is better than the hourly chart because the stock market is open 9:30am-4pm. Therefore the hourly chart will give you goofy candles. However, the 30m chart will give you 13 clean candles and the hourly 6.5 candles (math.)
Feb 8, 2024 • 11 tweets • 3 min read
Elly D's Rulebook when trading
Print this out, hang it on your screens, or write it on your hands, before you enter the world of options
A 🧵on Rules I live by
Rule 1: Don't get bagged 👜
Sure this sounds really aggressive and mean. But if you really think about it, what does this mean? It means capital preservation is of the upmost importance. Our goal as a trader is to keep "our seat at the table."