dylanstox

Derivatives Trader

[dylanstox @dylanstox]

@szaman @swingsonly Agreed! Lifeline of the broader bull market

[dylanstox @dylanstox]

@swingsonly Well said! Will be key to gauge!

[dylanstox @dylanstox]

@optionshoof Beast! Well done Shafe! Incredible stats

[chartfanatics @chartfanatics]

The ONE chart you actually NEED right NOW as markets price Iran risk🚨

Dylan O’Neil explains how the VIX exposes real positioning, filters fake breakouts, and gives you confirmation before the move happens. If you’re not using volatility properly, you’re guessing. 

Full episode👇

[dylanstox @dylanstox]

@yuriymatso Just tested the 200 day moving average… line in the sand

[dylanstox @dylanstox]

@EliteOptions2

[EliteOptionsTrader @EliteOptions2]

Size doesn't fix broken habits.

It just makes you lose faster.

Fix yourself first.

Scale second.

[JadeCap @jadecap_]

At some point in your trading career, you are going to have to get comfortable watching the market trade against your position without running scared and making stupid decisions.

Markets don’t move in a straight line. Just because a market starts moving against you doesn’t mean your trade idea is wrong.,.

It just means that you are allowing your emotions to override logic.

The stop loss should be your invalidation.. NOT your emotions.

[Riz Iqbal @Wordsofrizdom]

Beginner Trader To Wall Street Pro In JUST 4 Years! 🔥

The exact steps Dylan took to going from an at home losing trader to a Pro Wall Street Professional!

Hit Repost!

Full Episode Link Below 👇

[dylanstox @dylanstox]

@GoldTelegraph_ spot futures are -2.56% on the session🤔

[Trading Composure @TradingComposur]

When a risk management parameter is triggered, bite the bullet, take the loss and move on.

Don't hold on... don't get defensive... it's OK to be wrong... it's OK to lose small.

[Carmine Rosato @carminerosato_]

It’s important to understand one thing about trading ⬇️

NO ONE knows what the market will do next. NO ONE knows if their position will profit or lose.

Develop a methodology which puts the probabilities in your favor which can give you atleast 2x the reward for every $1 risk and wins at least 40-50% of the time.

That’s it. Accept the unknown. Control what can be controlled.

[Umar Ashraf @UmarAshraf]

Follow these 8 rules to become profitable in 2024.

1. Build a well defined playbook/ strategy that has entry criteria’s, and is a PROVEN strategy via backtesting and forward testing.

2. Backtest. Backtest. Backtest. Any strategy you have, make sure you go back in time with the set criteria and you practice it, refine it. (Use @TradeZella if needed)

3. Journal journal journal. Keep a log book + see all your analytics + track your processes/ game plans and improve. (@tradezella )

4. Stop focusing on p/l as an indication for progress, focus on areas of improvement such as: — I’ve actually followed my stops. I’ve improved my risk. I’ve gotten better at identifying opportunities. Etc etc. once you focus on that the money will slowly roll in .

5. Have a process before every trading day. Pre market game plan/ after market review/ how do you analyze if you’ll enter/ exit a trade

6. Focus on RISK FIRST. Don’t look at how much you will make or can make. Focus on “if I’m wrong, I am comfortable losing X amount”

7. Increase your time horizon. Understand trading successfully takes time to develop the correct tools, habits and skill sets.

8. Stop copying social media traders and following a bunch of different “gurus”. Identify your trading style, find someone that is successful with it and focus on 1-2 people that you can “learn” from.

Let’s make 2024 a super profitable trading year for ourselves by actually taking trading serious and treating it like a business and not a hobby.

[dylanstox @dylanstox]

@cfromhertz It’s there until 8pm tonight! Going to check it out after the close

[dylanstox @dylanstox]

@TrendSpider Shit the bed

[dylanstox @dylanstox]

@UmarAshraf Simplicity is 🔑

[Carmine Rosato @carminerosato_]

If you don’t have real skin in the game, you can’t build conviction in your own trades.

Conviction comes from winning.

Winning comes from experience.

Experience comes from failures.

You are one failure away from winning.

[Carmine Rosato @carminerosato_]

Here is an issue I see with a lot of traders who struggle with technical analysis:

[Carmine Rosato @carminerosato_]

If you are a new trader or have been trading for a while and failing to be consistent/ DEPLETING your $$ , here is a thread on what I recommend you to do: