AlphaCharts Blog

Share this post

Tweet compilation: Strategy & Mindset

alphacharts.substack.com

Tweet compilation: Strategy & Mindset

Brian G
Jul 15, 2021
4
Share this post

Tweet compilation: Strategy & Mindset

alphacharts.substack.com

This blog post is a collection all of my tweets related to my strategy and mindset. It’s quick snippets of info that serve as good reminders for me. I expect to add to this post in the future.

Basics:

Twitter avatar for @alphacharts
Brian G @alphacharts
Trend following: - Don't need to know what'll happen in the future - Doesn't take much time to implement - Reduces risk, increases return - Minimizes emotions, stress
5:03 PM ∙ Jul 12, 2021
23Likes3Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Price & patience is all you need: 1. Identify leaders (price) 2. Wait for bases to build (patience) 3. Buy the breakout (price) 4. Ride the trend (patience) 5. Exit on breakdown (price) 6. Repeat
6:19 AM ∙ Feb 3, 2021
Twitter avatar for @alphacharts
Brian G @alphacharts
Horizontal lines on charts minimize biases Weekly/monthly candles minimize noise Aligning with trend gives risk management Aligning with momentum gives alpha
8:31 PM ∙ Jun 18, 2021
27Likes3Retweets

Right mindset:

Twitter avatar for @alphacharts
Brian G @alphacharts
what you want the market to do ❌ what the market is telling you to do ✔️
6:13 PM ∙ Jul 15, 2021
6Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
A sign of a mature trader: letting go of things no longer working, moving on to things that are.
6:55 PM ∙ Jul 8, 2021
Twitter avatar for @alphacharts
Brian G @alphacharts
Thank goodness I'm not wasting energy bottom fishing messy sectors (gold, crypto, etc). Thoughts & prayers for those that are.
4:51 PM ∙ Jun 22, 2021
Twitter avatar for @alphacharts
Brian G @alphacharts
Lots of people seem to think doubling your money every year in stocks is doable. If so, you would turn $10K into $11 trillion in 30yrs.
3:11 AM ∙ Jul 8, 2021
20Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
Imagine being one of those people citing ‘high valuations’ and redrawing a new, steeper resistance trendline each week.
6:20 AM ∙ Jul 6, 2021
9Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
What that famous hedge fund manager or twitter guru is saying or doing means absolutely nothing. Learn to think for yourself, and keep it simple.
4:28 AM ∙ Jun 24, 2021
21Likes3Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Fundamentalists look for quality businesses, technicians look for quality setups. The market is an endless opportunity stream. Never a need to force low quality trades.
2:54 AM ∙ Jun 2, 2021
17Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
3 trading lessons 1) Simplicity. Follow leaders (don't fight the trend) and draw horizontal lines on their weekly charts.
3:32 AM ∙ Jun 1, 2021
22Likes2Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
2) Patience. You only need 1-3 trades to have a great year. These are setups that leap off the page at you. Rest of time, OK to be in a regular boring portfolio waiting.
3:34 AM ∙ Jun 1, 2021
16Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
3) Framing. Great question to ask: "What things would I be doing to deliberately lose money trading? How many of those mistakes am I currently doing?"
3:35 AM ∙ Jun 1, 2021
Twitter avatar for @alphacharts
Brian G @alphacharts
I have no idea which trade/asset will be my biggest winner. All I know is - Follow the leaders (momentum) - Above line good (trend)
6:21 PM ∙ May 27, 2021
Twitter avatar for @alphacharts
Brian G @alphacharts
Strong uptrends + tight consolidations = strong fundamentals & institutional ownership Erratic trends with large drawdowns = opposite.
12:03 AM ∙ May 21, 2021
7Likes2Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Over long periods, commodities have chopped sideways while quality businesses trend higher. The latter is a bet on society, while the former is a bet against it.
5:56 AM ∙ May 19, 2021
2Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
What makes a market? Differences in opinion, strategy, time horizon, discipline.
7:04 AM ∙ May 20, 2021
3Likes1Retweet
Twitter avatar for @alphacharts
Brian G @alphacharts
Wrong approach: "It's manipulated" "My model predicts that..." "Heard on CNBC..." "But what if the Fed..." Right approach: Follow the leaders "Above line good, below line bad"
4:28 PM ∙ May 18, 2021

Keep it simple:

Twitter avatar for @alphacharts
Brian G @alphacharts
Be "dumb." Follow trends.
5:43 PM ∙ Jan 11, 2021
65Likes8Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Never understood why ppl deliberately make their lives more difficult by - Focusing on ultra short-term - Following news, seeking opinions - Doing complex analysis - Trading trendless markets when clean, strong uptrends exist
9:16 PM ∙ Jun 23, 2021
18Likes4Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Sentiment, seasonality, breadth, valuations can all take a backseat to price action. A stock is undervalued and underowned if it’s in an uptrend.
6:21 AM ∙ Jul 6, 2021
13Likes2Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
Who cares if it's a head & shoulders, cup & handle, or flying squirrel? Above line = good; below line = bad. Relative strength = good; weakness = bad. No need to make things esoteric.
5:52 AM ∙ Jul 13, 2021
33Likes2Retweets
Twitter avatar for @alphacharts
Brian G @alphacharts
In markets, you don't want to be too... - dumb (chasing penny cryptos after a large move) - smart (complex econometric models) A lot of my friends - with no interest in markets - have done well simply holding stocks, real estate.
12:20 AM ∙ May 17, 2021
14Likes1Retweet

You can also read a 2-part summary of my trading approach here:

  • Part 1 of 2: Leaders (link)

  • Part 2 of 2: Breakout Trading (link)


Important Disclaimer: This blog is for educational purposes only. I am not a financial advisor and nothing I post is investment advice. The securities I discuss are considered highly risky so do your own due diligence.

Share this post

Tweet compilation: Strategy & Mindset

alphacharts.substack.com
TopNew

No posts

Ready for more?

© 2023 Brian G
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing