A Thread 🧵on Risk Management, here’s how:

Let’s say you have a $50k trading account. A good rule of thumb is to limit your risk to 1% or less of your total account size for one any position. In this example, $500 would be your max loss on any position.

True luxury is found in the simplest moments.

This strategy is all that's needed to be a successful trader.
#STOCKS #OPTIONS #TRADER #SWINGTRADING #STOCKMARKET

Here's a different version (I'm hoping $HIMS will do this).

1. Pop through resistance.
2. Retest support
3. Breakthrough support (momentarily)
4. Retest both HIGH & and then retest Support again
5. Reclaim support
6. Takeoff

20EMA support

#UPST #SWINGTRADING #STOCKS #OPTIONS

Here's one that doesn't work out exactly as planned, but it does bounce off the 20EMA. Good shakeout underneath the support line... we'll see
#HIMS #OPTIONS #SWINGTRADING #STOCKMARKET

This is usually what I look for. Breakthrough resistance. Retest support. Consolidation. Then start a new uptrend.
#RKLB #TRADING #TRADER #SWINGTRADING

#swingtrading #charts #stocks $COIN