A Stock Trader Who Returned 132% In 2022 Shares His Top 6 Profitable Tips For Profiting In Any Market Condition

Rohan Das

twitter thread from Rohan Das

A Stock Trader Who Returned 132% in 2022 Shares His Top 6 Profitable Tips For Profiting In Any Market Condition.

𝐀 π“π‘π«πžπšπ. πŸ§΅πŸ‘‡

π’πžπšπ§ π‘π²πšπ§, the son of famous trader πƒπšπ―π’π π‘π²πšπ§, has been a super trader, winning the 𝐔𝐒 𝐈𝐧𝐯𝐞𝐬𝐭𝐒𝐧𝐠 π‚π¨π¦π©πžπ­π’π­π’π¨π§ four consecutive times, as stated by Norman Zadeh, the founder of the competition.
(1) According to him, the most crucial trading tip is learning to accept losses and selling a falling stock quickly. He sets hard stops to limit losses to 1% of his trading portfolio, which can save many traders if they follow this rule.
(2) He mitigates risk by setting a sell-stop order at breakeven price when stock is up 10%. This locks in a risk-free trade, but can be risky if the stock price drops rapidly and the order doesn’t get filled in time.
(3) He looks for stocks that have been consolidating for weeks, then suddenly increase in price by 20-100% with high trading volume, a pattern he calls the “calm before the storm” that signals a reason behind the shift and potential for further movement.
(4) He doesn’t try to buy/sell at the bottom/top of the stock market. Instead, he waits for the middle section by observing market’s rhythm of moving in waves of threes. He buys during the second rally and exits after the third move to avoid increasing risk.
(5) Ryan’s top indicator is RSI, which measures stock strength/weakness based on recent closing prices. If price rises but RSI weakens, it suggests end of rally. He suggests paying attention to RSI to exit early before stock drops.
(6) He advises traders to prioritize mental health and not tie emotions to market movements. He suggests building a disciplined approach like a machine, or learning from mistakes and allowing the market to teach how to make money.
Follow me on: @rohaninvestor

I regularly update my latest stocks ideas, strategies, sector rotation, and market breadth analysis, so be sure to follow me for valuable insights and updates on the world of investing.

Leave a Reply

Your email address will not be published.