Momentum trading is one of the most lucrative wealth building tools in the world of investing. Imagine being able to find $NVDA BEFORE the big move.
It's possible if you pay attention during a correction because these leaders leave clues 🔎
A thread on what to look for:
Corrections are feared by most because people associate the lower prices with losing money, which makes sense because most people do lose money during a correction.
But corrections are what create opportunities for the astute momentum trader looking for the next big winners 🧐
Jan 31 • 12 tweets • 3 min read
You're passionate about the stock market, but your results constantly disappoint you.
Here are 10 mistakes you're probably making right now (and simple ways to solve them):
1) Trying to learn everything there is to know about every aspect of the markets.
Majority of traders/investors struggle because they’re overcomplicating their strategy.
Instead of trying to be an 'everything' expert, be a 'your strategy' expert.
It really is that simple.
Jan 27 • 13 tweets • 5 min read
One of the most powerful chart patterns is the Volatility Contraction Pattern (VCP), made famous by Market Wizard @MarkMinervini.
If you want to be an expert in technical analysis, this pattern is a MUST KNOW.
Here are the crucial elements (so you can spot it in seconds):
@markminervini The most important traits of a valid VCP pattern are the following:
1. Tightening from left to right within the base 2. Relative strength and accumulation signs 3. Volume dry ups & lack of sellers 4. A very tight final contraction
Let's dive deeper with a real world example ↓
Jan 25 • 11 tweets • 3 min read
If you’re struggling to determine your timeframe as a trader, read this:
There are 3 different timeframes to choose from in the market.
· Day Trader
· Swing Trader
· Position Trader
Your timeframe will be a reflection of your personality, lifestyle, & goals.
Let's find out which one is right for you ↓
Sep 24, 2023 • 14 tweets • 3 min read
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.
Jun 27, 2023 • 19 tweets • 2 min read
17 Top Trading Lessons from Alexander Elder:
"When the market deviates from your analysis, you have to cut losses without fuss or emotion."
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May 23, 2023 • 22 tweets • 6 min read
Everything you need to know about trading is in these 20 threads:
1. The 10 mistakes you are making:
We are extremely excited to announce the dates of this year's @TraderLion_ Conference!
We will be streaming the event live on June 3,4,10 & 11
Our lineup is incredible, featuring Market Wizards, US Investing Champions & Hedge Fund Managers
🔁 Retweet 🔁 traderlion.com/annual-trading…
The conference will be streamed for FREE virtually over the four days with 5-6 speakers each day presenting on unique trading and investing concepts.
To prepare make sure to subscribe to our channel 👇
Every great trader goes through rough patches in their trading career.
But, no matter what, they always doubled down on their process to get back on track.
If this is you early in 2023, here is the 4-step process to follow (and finally win back some momentum):
Step 1. Evaluate General Markets (2 parts)
· Analyze the current market trend
Even if stocks are acting well on their own, they will eventually succumb to market pressure.
Make sure the market trend is up before focusing a lot of effort long.
Mar 10, 2023 • 9 tweets • 3 min read
Master these 5 lesser-known chart patterns & take your trading to the next level:
#1: In The Wick Setup
We are looking for stocks that open in the wick of the prior session's bar.
The buy trigger is when price moves through the prior day's high.
The stop loss should be the low of the current day.
Mar 8, 2023 • 28 tweets • 4 min read
25 of the best quotes from trading legends that will revolutionize the way you see the market:
1. The stock market is never obvious. It is designed to fool most people, most of the time.
— Jesse Livermore
Feb 10, 2023 • 9 tweets • 3 min read
If you could learn how to find the next $TSLA, $AMZN, $EBAY, and any of the other life-changing IPOs in Stock Market History, would you?
Our answer is whole-heartedly yes, and that is why we couldn't be more excited for our next huge project:
The IPO Masterclass!
More ↓
We have partnered with the incredible team of Kathy Donnelly (@KGD_Investor), Eve Boboch (@EBoboch), Eric Krull (@EricKrull1 ) & Kurt Daill (@Top_Dog_102) to create an experience that synthesizes the most actionable pieces of trading & profiting from the market's best IPOs...
Feb 5, 2023 • 37 tweets • 7 min read
Your success as a trader is solely dependent on how good your system is.
If you don't have a good system or are looking to build a better one, here are 8 steps you need to follow:
Here are the 8 components of a Successful Trading System that you'll have mastered by the end of this thread:
Here are 8 things every single trader needs to know:
1. Nothing is assured in the markets.
No matter how good your analysis looks, or how confident you feel, remember that you don’t know what will happen next. There is no such thing as a sure-fire strategy so never be overconfident in your trading decisions.
Jan 27, 2023 • 5 tweets • 1 min read
Trading is not about making predictions or hoping for a certain outcome. It's about managing risk and reacting to price action in the market.
Many traders make the mistake of trying to predict where the market will go, but this never works in the long run.
Why? ↓
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The market is unpredictable and constantly changing.
Instead, successful traders simply focus on managing their risk.
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Jan 26, 2023 • 8 tweets • 2 min read
The biggest losses in the stock market come from those who think they know it all.
Here are 5 ways to stay grounded after a huge trade:
1. Reflect on the massive win
Take some time to review what worked well and what didn't.
Focus on repeating the consistent actions behind your decisions and learning from any mistakes.
By doing this you're more likely to stay in the moment and keep a level head.
Jan 20, 2023 • 37 tweets • 9 min read
Everything you need to know about trading is in these 35 threads:
1. Master this setup:
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.
Dec 29, 2022 • 11 tweets • 3 min read
Trading is hard. These graphics will make it easier:
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Dec 12, 2022 • 10 tweets • 2 min read
A few thoughts from @RossHaber_ as part of this weekend's TraderLion Report sent out to members:
"The major indexes all declined last week. On a bright note, volume declined from the week before.
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The NASDAQ and S&P 500 both added a distribution day last week. This brings the count to two days on each major index, which is far from concerning.
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Dec 5, 2022 • 4 tweets • 2 min read
📌 This weekend's thoughts from @RossHaber_ as part of TraderLion Report #13:
"The major indexes all continued to make healthy, constructive progress again last week. The DOW is still leading the pack higher, while the NASDAQ continues to lag.
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traderlion.com/tl-private-acc…
Although now, the Russell 2000 has reclaimed its long-term downtrend line & S&P 500 isn’t far behind.
Confirmation of the DOW’s positive divergence by the other major indexes is significant & worth noting.
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