Trading with Double EMA, RSI, and Chop Zone helps identify trend direction, momentum, and market conditions. It confirms high-probability entry and exit points while avoiding trades during choppy or sideways markets.
People always ask me what type of return they should expect to make trading. If you are not willing to work your ass off, commit to a strategy, learn everything about it, study your mistakes and persevere, be happy if you don't lose money. If you are... the sky is the limit.
Many growth traders are getting very frustrated. A few things:
1) Don't beat yourself up
2) Be patient
3) Accept that the market will correct once in a while
4) Stop being a baby
5) Keep a watch list
6) Keep things light and protect capital
7) Protect your confidence
I often buy the breakout and then get stopped at the low only to watch my stock turn around and go back up. That's trading! If you're not feeling stupid... you're not managing risk.
20 William O’Neil Quotes [Thread] 🔥
Personal opinions, feelings, hopes, and beliefs about the stock market are usually wrong and often dangerous. Facts and markets, on the other hand, are seldom wrong. - William O’Neil
If you want big returns in the stock market, you have to learn how to accomplish two things:
1. Make big money when you’re correct
2. Avoid big drawdowns when you’re wrong
Rules are essential for consistent returns in the market. They are a contract with yourself to treat this as a business and make objective decisions based on your past experience and research. For every decision you have to make in the market you should have a rule to refer to.
The biggest losses usually follow the biggest wins. That’s why keeping the money you make is the hardest part.
If you have a big trade best thing to do is step away and enjoy it. Take the rest of the day off, get level-headed, and then get back to business!
There isn't a buy and hold portfolio anywhere on earth that produced much more than the S&P 500 over the long term. Every cycle someone is in the right place at the right time, but the names always change. Consistent superperformance takes work 💪 and turnover.
If you have an edge, diversification doesn’t help you; it dilutes you. The way to make big money in stocks is to be concentrated at the right time—when things are working and moving in your direction—and to trade lightly or stay in cash when trading gets difficult. This is key!