Studying how to trade can be super overwhelmingā¦
With all the different guidance available, I understand if youāre left scratching your head thinking about how you can trade your way to a fortress of monumental wealthā¦
And thereās so much technicality to trading that itās easy to get lost in a mental maze.
To help you guys out who are just starting, I figured it would be helpful to share how I structure my tradesā¦
And one of the fundamental things I do beforeĀ any trading to not make huge f*ck-ups is seeing if any major company has an income statement.
This is one of the most crucial fundamentals before I even step foot in the market.
If youāre not looking at the income statements of the major companies, youāre never gonna be able to gauge the market sentiment.
Whether you end the day with tremendous gains depends on whether you gauge that sentiment and spot those sudden and short-lived movements in the market.
Once I get the fundamentals out of the way, there's a useful method I use...
Because this method is the one key to coming up with genius trading ideas that I use on a daily basis.
This might even be too dangerous to release to the world because it might send your trading gains through the roof ;)
The catalyst to my big-brain trading ideas is the āDarvas Boxā methodā¦ š¤Æš¤Æš¤Æ
This method covers all my bases and can be used well for both longing and shorting.
Adding a box allows me to see the resistance and support of a market without the rest of the noise.
And it's the most simple way I can follow the trends of the market and not get awfully trapped in positions that leave me too broke to afford my mom a birthday presentā¦
(After all, why else would I be trading?)
And tomorrow Iāll be sharing some of my other personal favourite indicators and charts that will push you guys towards a big retirement vaultā¦
So keep an eye on your inbox.
Talk soon, and have an awesome start to the week.
PS: If you found value in this email and want to see more of my content, take a look at the calendar that's pinned on my Twitter for upcoming spaces.
I'll be covering a whole range of other concepts when it comes to trading.