Systematic #Trader and #Investor | Technical #Analyst | Views are personal and are not recommendations | Not SEBI registered | Turn on Post Notifications 🔔
Aug 1, 2021 • 10 tweets • 3 min read
It's the weekend!
Grab a cup of coffee, in this thread 🧵I will explain basic concepts of trading
1⃣Trading Plan
2⃣Trade Setup
3⃣Trading Strategies
4⃣Trade Trigger
5⃣ Stop Loss
6⃣ Price Target
7⃣ Reward-to-Risk
Let's dive right in.
Please like ❤️and retweet 👍
1⃣Trading Plan must include
➡️Timeframe - Minutes to years
➡️Markets - Equity/Currency/Futures/Options
➡️Risk Management - Capital Risk per trade
➡️Conditions - Ranging/Trending
➡️Entries - Pullback/Breakout/Crossover
➡️Exits - Stop Loss /Initial Target & Trailing SL