Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $NVDA $SPY $SPX $QQQ $NVDA

How to Draw Supply and Demand Zones

After 11 years of trading these are the best and easiest methods to draw and trade Supply and Demand zones

$SPY $SPX $QQQ $NVDA $TSLA Things To Know First 💡

Supply zones are either rally-base-drop or drop-base-drop. You can draw it with the three methods described below 👇

Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $NVDA $SPY $SPX $QQQ $NVDA

𝐇𝐨𝐰 𝐓𝐨 𝐁𝐨𝐮𝐧𝐜𝐞 𝐁𝐚𝐜𝐤 𝐀𝐟𝐭𝐞𝐫 𝐚 𝐁𝐢𝐠 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐋𝐨𝐬𝐬

After 11+ years of trading this is the best way to handle trading losses and coming back from them 🧵

$SPY $SPX $QQQ $VIX A lapse in discipline, or just a sustained bleed-out of trading capital, nearly every trader will face a big loss in their career. How to bounce back after a big loss isn't complex.
What is difficult is repairing the mental damage done, especially the damage to
confidence.

After trading for 11+ years and experiencing $100,000’s of losses and $1,000,000’s worth of profits

Below is what I wish I would had known to grow a SMALL ACCOUNT🧵
$SPY $QQQ $SPX $VIX 1. Risk Management

Full porting and risking most of my account is what I thought would make me the most money. In the end it lost me the most.

Protection of your capital is key in growing your account.

REMEMBER: No trade and No loss is better than trade and a loss.

💰 TAX BENEFITS FOR TRADERS 💰

The Ultimate Guide On Tax Benefits For Traders

- How can I avoid wash sale rule?

- How can I qualify for Trader Tax Status?

-What Tax benefits do I receive trading as an LLC business

RT and Like to Spread the Education ♥
$SPY $SPX $MSTR $NVDA Working as an independent trader can be a way for individuals to make extra income, or even possibly a full-time living. But like any business venture, the income generated from trading is taxable.

𝐇𝐨𝐰 𝐓𝐨 𝐌𝐚𝐤𝐞 𝟔 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐢𝐧 𝟐𝟎𝟐𝟒

This is how I took my $40,000 a year job salary and turned it into $100,000+ and now $1,000,000+

🧵👇

$SPY $SPX $QQQ Get A New Set Of Friends

I dropped all my “party everyday”and unmotivated friends and surrounded myself with motivated ones

I now have a group of friends who support one another and motivate each other daily to live our dreams out

You become Who you surround With

Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $NVDA $SPY $SPX $QQQ $NVDA

𝐒𝐮𝐩𝐩𝐥𝐲 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐙𝐨𝐧𝐞𝐬

After 11+ years of trading and taking my account to Millions

Here is everything to know about Supply and Demand Zones from Start to Finish

A 7 part mega thread 🧵 👇

$SPY $SPX $QQQ $VIX $NVDA Supply and Demand laws control all marketplaces. When discussing trading in the market, most traders depend on technical indicators to identify imbalances.

However, others watch supply-demand trends and zones to formulate a trading strategy governed by economic theory.

I went from losing money day trading to making $1,000’s a day.

What helped me become profitable is understanding 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗽𝗿𝗶𝗰𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 and 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 to enter and exit trades

Here is how to find and read them 👇

$SPY $SPX $QQQ $NVDA 1. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘𝗦

First we need to understand and identify the three market structures

1. Up trend

2. Down trend

3. Consolidation/Range/Sideways

After trading for 11 years and taking my $100 wins to $1,000+ wins

These are the indicators that you should use to confirm your Supply and Demand Zones 🧵

$SPY $SPX $QQQ $TSLA Pivot Points

Most traders use daily or weekly pivot points to indicate the supply and demand zones. These points are TA indicators that provide the average of high, low, and closing prices from the last trading day.

Use pivot points to find support and resistance levels

Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $VIX $SPY

How to Draw Supply and Demand Zones

After 11 years of trading these are the best and easiest methods to draw and trade Supply and Demand zones

$SPY $SPX $QQQ $IWM $TSLA Things To Know First 💡

Supply zones are either rally-base-drop or drop-base-drop. You can draw it with the three methods described below 👇

After trading for 11 years and taking my $100 wins to $1,000+ wins

These are the indicators that you should use to confirm your Supply and Demand Zones 🧵

$SPY $SPX $QQQ $TSLA Pivot Points

Most traders use daily or weekly pivot points to indicate the supply and demand zones. These points are TA indicators that provide the average of high, low, and closing prices from the last trading day.

Use pivot points to find support and resistance levels

Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $QQQ $VIX

I didn’t have my first profitable year until 5 years into trading

After 5 years I started to be a CONSISTENT and PROFITABLE trader

Here are the Trading Psychology Tips to help make you PROFITABLE 👇

RT and LIKE ❤️ $SPY $SPX $QQQ 1. Technical Analysis Paralysis

For most when they first start trading they have a string of wins. These wins quickly turn into losses.

These losses make you think you’re losing because you “don’t know enough”

This leads traders to blame losses on “lack of knowledge” but if this was the case you wouldn’t have had the wins in the first place as a new trader

𝐇𝐄𝐑𝐄 𝐈𝐒 𝐇𝐎𝐖 𝐖𝐄 𝐓𝐎𝐎𝐊 𝐀𝐌𝐃 𝐏𝐔𝐓𝐒 𝐅𝐎𝐑 𝟐𝟎𝟎%

This simple strategy is what grew my small account | FULL BREAKDOWN

RT and Like for a Video Breakdown $SPY $AMD 👇 Lets start off first with the EMA's I use

The purple line is 200 EMA
The blue line is 48 EMA
The green line is 13 EMA
The orange line is 8 EMA

I went from losing money day trading to making $1,000’s a day.

What helped me become profitable is understanding 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗽𝗿𝗶𝗰𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 and 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 to enter and exit trades

Here is how to find and read them 👇

$SPY $SPX $QQQ 1. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘𝗦

First we need to understand and identify the three market structures

1. Up trend

2. Down trend

3. Consolidation/Range/Sideways

After trading for 11+ years and experiencing $10,000’s in losses

Below is what I wish I would have known to grow my small account 🧵
$SPY $QQQ $SPX 1. Risk Management

Full porting and risking most of my account is what I thought would make me the most money. In the end it lost me the most.

Protection of your capital is key in growing your account.

REMEMBER: No trade and No loss is better than trade and a loss.

Knowing Supply and Demand zones has taken my wins from $100 to $1,000’s

Here is a thread on what they are 🧵 $SPY $SPX $QQQ $TSLA Supply Zone

A supply zone is the price area at which the traders usually sell. This area is present above the current price, where the highest selling interest or potential.

When the price hits this level, the unfilled orders get completed and bring down the price.

Trading in the Zone by Mark Douglas

Summarized in 20 quotes so you don’t have to read it 🧵

$SPY $SPX $VIX $SPY