The Truth About Trading (Thread)
1/ Risk Management & Consistency
Everything works in the stock market just NOT all the time. You can trade RSI, MACD, Bollinger bands, Volume, and they all will win for a period of time and lose for a period of time.
AVERAGE WINNER > AVERAGE LOSER
Below is a table I’ve created showing the total number of winning trades (per 100) you need to win to be profitable:
1 – I have no attachment to any stock or instrument, my job is solely to manage risk
2 – I am a Casino; I take all trades that fit my trading plan because I know my edge is profitable
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12 solid videos each 1 HR long teaching you all I know on #Options and day trading 🚀
This is my gift to the world ❤️
All of your questions have been answered here 👇👇👇
Help me with a❤️so we can share the TRUTH with the
TradingWarz FREE Indicators TOS
Holy Grail by Rich
https://t.co/yi7xeIsSTX
Inside Power by Rich
https://t.co/J6J8wOMRj6
Doubles by Rich
https://t.co/Tb6RyFjBTd
Outside Power by Rich
https://t.co/Wpr9OlCjid
Leave a ❤️ to help me out
More from Tradingthread
THREAD // How I Invest
1. Successful Investing starts with Education
2. Psychology of Trading & General Rules
3. Essentials of Fundamental Analysis
4. Master Technical Analysis
5. Screening for Stocks
6. Making a Watchlist
7. Money Management
8. Diversification of Accounts
1 // Successful Investing starts with Education
Following 2000-2002, I realized that I needed an education to help me understand many of the topics mentioned in this thread.
So, I started to educated myself using books. Seek mentors as well.
Then
2 // Psychology of Trading & General Rules
Develop a working SYSTEM (for you)
Preservation of capital
Consistent profitability
Cutting losses short
Superior returns
Understanding “You”:
What is your general personality?
What influences your decisions?
What is your lifestyle?
3a // Essentials of Fundamental Analysis
Earnings Per Share:
1. % Change in Latest Qtr EPS vs. Same QTR Prior Year
2. % Increase in Next Year’s EPS Estimate vs Prior Year’s Actual EPS
3. % Change in Latest EPS, trend past several qtrs
4. Annual % EPS Growth Rate of Last 3 Years
3b // Essentials of Fundamental Analysis
Sales / Revenues
1. % Change Latest Qtr’s Sales vs. Same Qtr Prior Year
2. % Change Latest Reported Fiscal Year Sales vs. Prior Year
3. % Change in Latest Sales, trend past several qtrs
4. Annual % Sales Growth Rate of Last 3 Years
1. Successful Investing starts with Education
2. Psychology of Trading & General Rules
3. Essentials of Fundamental Analysis
4. Master Technical Analysis
5. Screening for Stocks
6. Making a Watchlist
7. Money Management
8. Diversification of Accounts
1 // Successful Investing starts with Education
Following 2000-2002, I realized that I needed an education to help me understand many of the topics mentioned in this thread.
So, I started to educated myself using books. Seek mentors as well.
Then
**16 Must Read Stock Market Books**
— Chris Perruna (@cperruna) November 20, 2019
Gifts for the Holidays!
Reminiscences of a Stock Operator
by Edwin Lef\xe8vrehttps://t.co/DozMNFmvZI pic.twitter.com/b6wEhzMp8n
2 // Psychology of Trading & General Rules
Develop a working SYSTEM (for you)
Preservation of capital
Consistent profitability
Cutting losses short
Superior returns
Understanding “You”:
What is your general personality?
What influences your decisions?
What is your lifestyle?
3a // Essentials of Fundamental Analysis
Earnings Per Share:
1. % Change in Latest Qtr EPS vs. Same QTR Prior Year
2. % Increase in Next Year’s EPS Estimate vs Prior Year’s Actual EPS
3. % Change in Latest EPS, trend past several qtrs
4. Annual % EPS Growth Rate of Last 3 Years
3b // Essentials of Fundamental Analysis
Sales / Revenues
1. % Change Latest Qtr’s Sales vs. Same Qtr Prior Year
2. % Change Latest Reported Fiscal Year Sales vs. Prior Year
3. % Change in Latest Sales, trend past several qtrs
4. Annual % Sales Growth Rate of Last 3 Years
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