In honor of the New Year commencing, here is a tweet of my favorite threads I posted in 2022. Everything from options basics to charting & candlesticks to @unusual_whales flow, and much more. I hope this helps benefit your 2023 trading!
Although candlestick patterns don't tell the whole story, they can be a great tool to identify short-long term reversals in price action. Knowledge is power! Let's get into it.
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Here are a few of the basic candlesticks patterns everyone should be familiar with & will go further in-depth in this thread.
Dec 21, 2022 • 10 tweets • 2 min read
🚨🧵BUILDING WATCHLISTS
Building a broad watchlist of stocks that I'm interested in trading is a critical part of my preperation for the day. Here's a thread on how I create my watchlist.
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A watchlist is a small to medium list of stocks that align with your guidelines for solid trading setups.
Before the market opens I like to have at least 2-3 tickers with potential setups I will be watching throughout the day.
Dec 21, 2022 • 5 tweets • 2 min read
🧵🚨$AMZN Update
Pretty simple analysis in my eyes. Going to break it down with a few charts across a few different timeframes.
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Head & Shoulders - Daily Time Frame
Once the 100-102 neckline was broken it was game over. Also, very nice BHG setup on the retest of that neckline November 15th
Dec 20, 2022 • 11 tweets • 3 min read
🚨🧵RISK MANAGEMENT STRATEGIES
Before placing a trade I always have ideas about my sizing, entries/exits, stop levels & more. By formulating a risk management plan I decrease my risk of losing unnecessary amounts of capital and increase my chances of profitability.
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Risk = the chance that an investment's actual gains will differ from an expected outcome or return.
I like to look at risk as the amount of money you could lose on a trade. If you predetermine how much you are willing to lose, you are able to measure what "loss" means to you.
Dec 20, 2022 • 12 tweets • 2 min read
🚨🧵POSITION SIZING
Here's a thread on critical trading tactic that I take very seriously. Without consistent uniform sizing, I have noticed, successful trading becomes harder. It's important to come up with a position sizing plan that works for you.
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Position sizing refers to the guide that dictates how much working capital you allocate on a single trade.
Key components to consider:
- Risk Tolerance
- Account Size
- Type of Trade
- Trading Goals
Dec 14, 2022 • 13 tweets • 6 min read
🧵🚨 CHARTING PATTERNS
Here's a thread on a few of my favorite charting patterns that every trader should be familiar with. It is very hard to perfectly time the market, but you can put yourself in the right position to take advantage of the moves before & as they happen.
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1. Trend Lines - Identifying a trend
- Connecting the high's/lows of a move
- Can be used as bounce or rejection levels
- If a downtrend breaks: Indicator to sell my shorts or look for a long entry
- If an uptrend breaks: Indicator to sell my longs or look for a short entry
Dec 13, 2022 • 7 tweets • 2 min read
🚨🧵 ANALYSIS THREAD - $AMD
During my research, I came up with a few ideas and things to note on the daily/weekly time frame. Clearly, one of the weaker names in the sector as of late, can AMD rally into EOY?
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This analysis is pretty simple. I have four charts that should tell the story. Here is the first.
Weekly Head & Shoulders - $75 neckline now acting as resistance with a possible BHG playing out.
Dec 5, 2022 • 10 tweets • 3 min read
🧵🚨Analysis Thread - $NVDA
Everything you need to know with respect to Fibs, Supply/Demand zones, Gap fill support/resistance, oscillators & more. Added help from @unusual_whales flow.
Let's go👇
$NVDA Fibs
Larger Retracement: March highs to LOY
🎯108.13 - 289.45
Current Range: August highs Lows - LOY
🎯108.13 - 192.74
Dec 2, 2022 • 12 tweets • 4 min read
🧵🚨As requested, a thread on my outlook and thoughts on $TSLA- Based on my TA and added support from @unusual_whales flow 🐋
$TSLA has had an insane last few months so let's get right into it.
Daily Analysis:
After a hectic few weeks in the market, it's about time I break down this ticker. Everything you need to know with respect to Fibs, Supply/Demand zones, Gap fill support/resistance, oscillators & more. Charts - @TrendSpider
Here it is👇
First things first the Fibonacci Retracement sequence I'm running on my charts.
The Macro Retracement: Covid Lows to ATH
🎯53.15 - 182.94
Current Range: June Lows - August Highs
🎯129.04 - 176.15
Nov 29, 2022 • 12 tweets • 5 min read
🧵A+ SET UP RECAPS
Here's a thread on previous trade recaps on some of my favorite A+ setups and how I alert them in the @Kane_Capital discord. I'm all about Quality > Quantity. Here are a few.
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$PARA 19.5p +35% ✅
Break, Hook, & Go off previous support level
Nov 27, 2022 • 17 tweets • 5 min read
🧵Day Trading with Unusual Whales 🐳
In my opinion, the more pieces of conviction the higher quality trade setup you have. A key tool to my trading is utilizing @unusual_whales intraday. Here's how I do it with a few real-time trading examples.
The main purpose of UW is to provide retail investors with unusual market activity, better yet, flow.
To dumb that down, UW provides us with options data from top to bottom giving us a better understanding of where the money is.
Nov 24, 2022 • 13 tweets • 4 min read
🧵CANDLESTICK GUIDE FOR BEGINNERS - TWEEZERS
Just because it's Thanksgiving doesn't mean we get to take off! Here's a thread on basic candlestick patterns all traders should be familiar with.
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The Basics:
Candlesticks are a method of displaying price. Unlike a line chart or a point and figure chart, candlesticks contain four main data figures.
Nov 17, 2022 • 12 tweets • 5 min read
🧵Best Trading Resources 📚
So you want to get better at trading but don't know where to start? Just like anything in life hard work & consistent action are needed to get better. Luckily for you, I included my favorite trading resources below. Shorten that learning curve.
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1. My two favorite Trading Books.
Market Wizards & Trading. in the Zone
In-depth interviews with world-class traders & learning how to execute a trading system.
Nov 16, 2022 • 12 tweets • 5 min read
🧵A+ Setups - Overlapping Fibs & EMA's
Lots of chatter on A+ setups had me wanting to continue this series of threads. I'm sure you've heard about the "Golden Goose" or the "Peaky Goose" so let's get right into it.
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The main criteria for these setups to come are Fibonacci Retracement levels and Exponential Moving Averages. The idea is when you have a fib level of support or resistance overlapping with the 21 or 30 ema you have an A+ setup.
These strategies work BEST on trend days
Nov 15, 2022 • 12 tweets • 4 min read
🧵A+ Setups - The Gap Fill
Last week someone asked me what my favorite A+ setup was. After some thought, I've decided to do a thread on one of my favorite setups, Gap Fills.
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First and foremost this is an A+ setup to ME. What works for me might not work for everyone. We are all different with respect to trading, mindsets, sentiment, etc. I'm sure there are plenty of other setups out there that are great. This is just one of my favorites.
Nov 15, 2022 • 10 tweets • 3 min read
🧵TRADING CAPITAL - Starting Out.
Someone asked me what the minimum amount of money you should have in your account before starting to trade (options, specifically).
After pondering this question here are my thoughts.
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First and foremost, there is no right answer to this question! My first trading account started with $500. I have numerous friends and family members that started with even less.
The main point is, everyone is DIFFERENT.
Sep 7, 2022 • 11 tweets • 3 min read
🚨🧵Play the Trend Strategy (Thread)
Here's a trade recap on a simple trading strategy I look for daily!
Check it out below👇
The Trade:
$SPY 404 calls at 0.77
Exited at 1.77 for +126% Gain
Aug 24, 2022 • 11 tweets • 4 min read
🚨🧵Continuation Patterns Every Trader Should Know!
Bullish Pennant
This pattern occurs after a solid move to the upside. There is a small period of consolidation before another move to the upside appears. The pennant is a triangular pattern where consolidation occurs.
Aug 20, 2022 • 8 tweets • 2 min read
🧵🚨VOLUME vs OPEN INTEREST
Understanding these two measures is important for all options traders. Here's a quick thread on the differences and importance of both volume and open interest.
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Volume:
Volume refers to the is the number of contracts traded during a given day. I like to look at the volume as an indicator of momentum and interest in the stock.
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