There are certain indicators, levels, or other ways you can increase your odds of being right >50%, but you'll never get significantly higher
You always hear people let your winners ride or cut your losers early. Easier said than done, right?
Well, it's a mathematical fact that implementing this will improve your trading profits
The math behind leaving runners on and cutting losers early 👇👇👇
There are certain indicators, levels, or other ways you can increase your odds of being right >50%, but you'll never get significantly higher
You HAVE to let your winners run and cut your losers early.
Example: you take 100 trades for $100. Winners win $10, losers lose $10. To profit, you need 51 winners (+$510) and 49 losers (-$490)
Example: you take 100 trades for $100. Winners win $20, losers lose $5. To profit, you need 21 winners (+$420) and 79 losers (-$395)
You can essentially lose 4 out of every 5 trades and still make money if you simply let your winners run and cut your losers
2:1 (winners run 20%, losers stopped out at 10%), you only need to win 34%
3:1, 26%
4:1, 21%
You decrease the # of trades you need to hit by having your winners outweigh your losers
1) Have a rule on your stop losses. Personally, every trade I enter I immediately set a STOP order for -10%
2) Have a target profit level for winners. For me, I like the 2:1 risk/reward so once a trade hits 20% profits, I start to scale out
So when my trade hits 20%, I scale out part of my position and move my stop order for the rest to 10% profits
Remember, YOU CAN ALWAYS RE-ENTER.
1) Your thesis of it breaking the level is no longer valid
2) If it breaks above the level again, you can just re-enter
Special thanks to @AdamSliverTrade , @notmrmanziel , @TradingWarz , and the rest of the #LDL crew for getting me on this path and helping inform threads like this
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his content from the playlist start with "how to read stock charts". It's precise and on point and short enough for you to get through this week even if you did one video tonight .. I like his teaching method .. he's slow and very easy to understand
As for DD. It comes from many factors. Mainly the trading platform itself has updated news posted on the ticker you want to trade.
https://t.co/1f8wQs1LcA
Really liking this website it has breakdown of the financials & summary of SEC filings. (con'd)
Also a whole bunch of other stuff that it focuses on the companies that you search. As for what I look for?
10-K & 10-Q.
Read 8Ks ..company updates
Also look to see if they did an recent Offerings (S-4 filings)
Also look to see S-3 filings for upcoming dilutions.
cont'd
https://t.co/nxP0hAJ4UH (Great place for quick articles on many stocks that are posted by analysts who do very good work digging info)
https://t.co/KsYqlmTlQ8 for quick news info
https://t.co/v5xGZqWhbn For constant world news
1. Overview
https://t.co/p2gjgPvhHG
2. Investing Process
https://t.co/ZpJeN0JiSV
3. Tools I use and
4. Market Analysis https://t.co/Ol9POhXMiV
5. Due diligence and deep dives on stocks
https://t.co/0oTNNsXuwr
6. General
7. My ongoing
8. List of about 20+ email newsletters in investing / technology and self help that I would
9. I do a lot of writing about IPOs and like to research new companies.
You can follow my writing and subscribe (Free) at
Below YOU will find a thread to ALL my #InestrTradesCrashCourse!
Please ❤️Like, 🔁Retweet & ✅Follow if you want more videos!
I Will continue to add content to this as I create more crash courses for you guys!
Tools Used:
@unusual_whales
https://t.co/6HpP0YeJoj
\U0001f6a8SWING TRADE CRASH COURSE\U0001f6a8
— InvestrTrades (@InvestrTrades) November 13, 2021
Beginners Guide to Swing Trading
\u2705How to find setups
\u2705How to use @unusual_whales to build conviction
\u2705Which Options Strike to Choose
Please \u2764\ufe0fLike, \U0001f501Retweet & \u2705Follow if you want more videos!
https://t.co/It3cOSqxkj
\U0001f6a8OPTIONS CRASH COURSE\U0001f6a8
— InvestrTrades (@InvestrTrades) October 30, 2021
Beginners Guide to Options + Trading Options With Unusual Whales & How!!
So Many of you have been asking about the basics of options so you can use @unusual_whales for day/swing trading.
Please \u2764\ufe0fLike, \U0001f501Retweet & \u2705Follow if you want more videos!
https://t.co/lc7HAXqXKz
\U0001f6a8OPTIONS CRASH COURSE PART 2\U0001f6a8
— InvestrTrades (@InvestrTrades) November 20, 2021
We will discuss
\u2705Day Trade? Swing Trade?
\u2705What Strike/Exp To Choose
\u2705How to Put in Options Order
\u2705How to use @unusual_whales to Get Conviction
\u2705When All Combined. Choose Strike/Exp
Please \u2764\ufe0fLike, \U0001f501Retweet & \u2705Follow if you want more videos!
In this thread I will be revealing to you guys my step by step process on how I do my due diligence on any ticker along with the process of how I find good setups and what resources and websites do I use to do it.
Step 1: Finding Good Chart Setups (continued)
Attached below is my personal finviz screener settings which I use to look at charts and how I
change some of the settings to my own preferences.
Site Reference: https://t.co/liI2ktnHhz
PS: Sometimes I don't even select any pattern
My favorite bullish chart setups that I personally look out for initiating swing positions:
1-) Falling Wedge Pattern
2-) Ascending Triangle Pattern
3-) Fish Hook / Oversold Bounce Pattern
4-) Channel Up Pattern
5-) Descending Triangle Breakout Pattern ( Towards Upside)
Step 2: Checking for Offerings
Once I have found a good chart, with a high risk reward ratio, the immediate first thing that I
do is to look out for any signs of upcoming offering. Since I don’t want to get caught in
offerings , these are the two things that I lookout for.
Step 2: Checking for Offerings (continued)
1-) Firstly, I look for whether the company had made any recent offerings in the last two months, if yes then there are less chances of new offerings.
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