Thread on trading stock options:

#1. The first few months of trading will rail tf out of you, prepare yourself for the worse, use money you can afford to lose, and don’t get too attached to the money you’re playing with in the markets. Don’t fuck it up by putting your life savings and being depressed for losing

…all your money on options. you will lose more than you will win in the first phase of trading. Program your mind before you attach your emotions into trading. It will not end well.

#2. I’m not a financial advisor but it’s always good to have longterm investments and dividend stocks on the side for your future. $AAPL $TSLA $VOO $SPY $KO $T $O are some of my favorites. It’s also good to diversify between companies and sectors…

…if any of the stocks on your longterm investments are red on the day, it’s best to add during those days. you’re able to buy them for cheaper obviously. you don’t wanna buy during Green Day’s because that’s kinda dumb…

I've been trading full-time for the past 3 years using my supply/demand strategy

Here's the ONE reason why you're supply/demand strategy isn't working: 🧵

Supply/Demand zones don't work by themselves.

You can't just buy every demand zone and sell every supply zone, otherwise the price would just wedge the whole time

Eventually one side has to break....

The key is following trend

Meaning you should only be buying demand zones that TAKE OUT the corresponding supply zone

Why?

It shows that demand exceeds supply

Buyers are stronger than sellers

Let's take a look at an example👇

Here's $RIVN

You can see that price failed to take out the corresponding high (supply zone)

This shows that sellers are still in control so you DON'T want to be buying at this demand zone

Here's $CRM

Demand is able to take out the previous supply zone (swing high)

This shows buyers are in control, so you want to be buying demand zones