I made some tweaks to my character change screen.

Here are my favorite results:
$FRSH $JD $PYPL $BILL $SNOW $ASAN $BE $DOCU

|￣￣￣￣￣￣￣￣￣￣￣￣|
Weekly charts below 🧵
|＿＿＿＿＿＿＿＿＿＿＿＿|
\ (•◡•) /
\ / 1. $FRSH

Strong closing ranges on big volume
Tight consolidation after first push
New 10-week respect

Your body predicts the market before your brain catches up.

The Hour Between Dog and Wolf taught me why—and how to turn it into an edge.

These 10 lessons will transform the way you trade: Lesson 1: Recognize early warning signs

Your body senses danger before your mind does. Tight chest, clenched jaw, or unease? Those signals are telling you to pause. Ignoring them leads to hasty trades you’ll regret.

Turn them into a built-in risk radar.

Over a decade of trading boiled down into 20 threads.

If I had these back then, my journey would’ve been 10x faster.

They’ll save you years and transform your results. What made things finally click for me.


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https://x.com/NickSchmidt_/status/1848819943283818737

Weekly Chart Playbook - Nov 24, 2024

Focus List
Character Changes
Volume Watch Focus List:

$SQ
$TSLA
$RLBX

If you’ve ever felt like you’re glued to the screen, overtrading and getting nowhere, bookmark this thread.

I learned a hard lesson that flipped my entire trading strategy and it might just help you rethink how you approach trading too. 👇🏼 Here’s how it went down:

• Overtrading like crazy with 600+ trades a year
• Watching the market 24/7 but still losing money
• Realizing I could’ve just bought the S&P and done nothing to make more
• The “less is more” philosophy that changed everything for me

I’ve had 3 stocks more than double this year.

Not by luck, it's my process.

Here's how I do it, step-by-step: Step 1: Daily volume scan.

The ‘Up on Volume’ screen in @Deepvue is where I get 95% of my ideas. Any stock worth trading will show up here. Once it pops on this screen, it’s just about adding it to the right watchlist and staying patient for the best setup.

I've been trading for over a decade.

Everything you need to know about my strategy is covered in these 20 threads. Why I only use weekly charts

https://twitter.com/953625003802718208/status/1803181544271692014

If you are a trader and struggle to be consistent, the first step is to acknowledge and understand which of the 4 phases you're in.

Once you understand that everything falls into place: Phase 1: Unprofitable Trader Phase

Characteristics
• Small wins, larger losses
• Negatively trending equity

Reasons:
• Poor trade identification
• Poor risk management
• Poor profit-taking strategy

Want to trade like a pro?

These are the 6 traits that set successful traders apart: 1. Discipline:

Discipline is more important than intelligence.

No amount of education or training will help if you can't discipline yourself to do what needs to be done.

Without discipline, you're just a gambler.

I've been trading for over a decade.

Everything you need to know is in these 20 threads: 1. The Holy Grail:

https://twitter.com/NickSchmidt_/status/1546838579439030274

Trading is an ART — not a science.

3 reasons why: 1. The market is not black & white

New traders struggle so much because they are looking for an answer that doesn't exist.

The market always wins in the end and if you don't have a process to guide your decisions, you will eventually make a mistake that costs you dearly.

If you want to be a successful trader, you need a plan and you need to stick to it.

1/10 By creating structure, you have concrete data you can refer to and find patterns in your behavior.

This information can then be used to make better decisions in the future.

2/10

You love trading, but your results constantly disappoint you.

Here are 10 mistakes you're probably making right now: 1. Trying to learn everything there is to know about every aspect of the markets.

→ You will need to unlearn 90% of it later to make real progress. Instead, focus on the key principles that drive market movements and price action.

Trading is hard. These graphics will make it easier:

1/10 2/10

Everything trader needs to bookmark these 25 threads: 1. The Holy Grail:

https://twitter.com/NickSchmidt_/status/1546838579439030274

You can spend years looking for the best trading indicator.

Or you can just read this: I've spent the last 7 years meeting the best traders in the world... and I realized they ALL use the same indicator.

The absolute best trading indicator in the world is your gut.

You love trading, but your results constantly disappoint you.

Here are 10 mistakes you're making right now: 1. Trying to learn everything there is to know about every aspect of the markets.

→ You will need to unlearn 90% of it later to make real progress. Instead, focus on the key principles that drive market movements and price action.

Trading is hard. These graphics will make it easier:

1/10

If you are a trader and struggle to be consistent, the first step is to acknowledge and understand which of the 4 phases you're in.

Once you understand that everything falls into place: Phase 1: Unprofitable Trader Phase

Characteristics
• Small wins, larger losses
• Negatively trending equity

Reasons:
• Poor trade identification
• Poor risk management
• Poor profit-taking strategy

10 Trading lessons I learned the hard way: 1. Most of your losses are from trades that should have never been placed in the first place.

If there is a big trading secret, this is it: No matter how good a trade looks, if the environment isn't favorable it will be hard to make progress.

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