This market will continue to punish the impatient and undisciplined. Strong markets forgive your mistakes (poor entries, not cutting losses, etc.). Corrective markets are unforgiving and require higher levels of discipline.
I've been thinking of putting this out there, and I understand some might unfollow me bc of this thread.
When I first started trading 5 years ago, I was really passionate about the markets and very motivated to supplement my income with fulltime trading.
1. See failure as a beginning.
2. Never stop learning.
3. Assume nothing, question everything.
4. Teach others what you know.
5. Analyze objectively.
6. Practice humility.
7. Respect constructive criticism.
8. Take initiative.
9. Give credit where it's due.
10. Love what you do.
How a 21 Year Old is Trading Full-time in Stock Market ? JAINISH LAMORIA... https://t.co/w9V74sTxWH via @YouTube
Amazing explanation of his setup must watch if you want to become a master in trading 🙌🏻 @stonkssguy
@charts_zone I learned from your tweets about failed breakouts and what to do when it happens, and i must say just this observation had prevented so many SL getting hit! My portfolio is green 😎
#GNFC (Daily)
A Best #Swing Trade of #March
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A chart worth reading and taking a print out. This same pattern repeated multiple times so train your eyes with it.
Show me your love and will try to post more annotated chart like this.
I recommend checking out the resources page, which features content this amazing community of swing traders has created. You can also get my take on the two setups I trade, which I shamelessly took from @Qullamaggie!
Run this scan on WEEKENDS:
1- CMP within 25% of its 52w high
2- CMP above 30MA
3- 30MA should be rising for a minimum of 1 month. The longer the better
4- 10MA should be above 30MA
5- CMP is 50%+ from 52w Low
*MA on DAILY chart
2/n