One good pyramid trade and a subsequent stopout. I think recent BTC price action is a powerful example of how pyramiding into a trade and picking the right stopout can have the same results as a looser wider risk trade, yet give infinitely better asymmetry. It is worth…
Forget the “hero” all-day hold trades. They are rare. Instead, make your life easier by taking the easy money. Trade with the early trend and then get sidelines. If you do want to run cores, a great question is to ask why this would trend all day—then systemise the variables.
To me: Healthy pullback = stocks drifting down to rising moving averages, holding tight ranges, in an orderly way, on quiet volume. Unhealthy pullback = stocks, leaders, indexes all slicing moving averages on heavy volume. So far, things seem healthy I feel. Day by day.
If I had to give one piece of advice to a new trader, it would be to hunt for a setup. All successful traders trade a setup or a bunch of setups. They have skills specific to their setup. A setup is a set of conditions used to select, enter, exit, and manage a trade.…
Making other people's set-up ideas work is a valuable skill as a trader. The setup idea of trading high-priced stocks was presented by a Stockbee member ( comito) in an Advanced Bootcamp in 2019. I studied it and incorporated it into my trading. The idea of the Anticipation…
Trading Monthly Recap: August 2024 $92,337.50 As always best and worst trades of the month. Enjoy! 📈 youtu.be/2Ee6R2LZHwo?si…
Good traders are a self-learner. They constantly learn and refine their understanding of markets, setups, processes, Situational Awareness, and tactics.
My point is, when I first went into prop all those years ago, like everyone, I’d look at the best traders and try to find what their secret is and what, if anything, unites them. You see a top traders chart and you think: “Well, he has a stochastic, a Bollinger band and an EMA…
Great advice for traders. “Dealing with the temporary frustration of not making progress is an integral part of the path towards excellence.” “This impatience in dealing with frustration is the primary reason that most people fail to achieve their goals.”
An email from Coach Sommer I revisit often: Hi Tim, Patience. Far too soon to expect strength improvements. Strength improvements [for a movement like this] take a minimum of 6 weeks. Any perceived improvements prior to that are simply the result of improved synaptic…
The quality of your lifestyle is the clarity of your mind If you are tired of feeling anxious, confused, angry, it's simple, nurture better habits, deeper conversations, bonds with more thoughtful people, read timeless books, be disciplined with your daily goals, stay the course
Self efficacy is the most important for trading success. Self efficacy is the ability to make things happen.
CING - - nice pre market news play Broke 2.83 and 3.39 keylevel on daily, very clean price action on 1min TF, volume increase all the way up + tight consolidations
Everyone actually wants the same things: - enough money to pursue their true interests and not feel anxious all the time - having trustworthy friends with whom they can share their most meaningful moments with - being married to someone they're physically and mentally…
Anything you want to trade, create a process around it and perfect it. The process-driven approach works in the long run. Ability to convert setup ideas in to a process and improve them over time is trading super power. It needs a process driven mentality.
Really good perspective
🧵 Why 80% of Day Traders Blow Up Their Accounts It’s no secret that the majority of day traders end up blowing up their portfolios. In fact, the figure is probably higher than 80%. Let’s dive into the main 6 reasons behind these account-destroying habits.
If Neeraj chopra win a gold medal tomorrow. I will pay 100089 Rupees to lucky winner who likes the tweet and comment most . And for the rest top 10 people trying to get the atttention will get flight tickets . Let’s get support from india and outside the world for my brother
"What strong cycle are you talking about, things were very dry in Friday of #smallcaps." Keep in mind underwater ball effect when risk-ON is present. You dont wanna have face close to water surface when pressing down on ball (ie shorting low hanging fruits).
Many in #smallcaps already expecting strong cycle to be done because we had yday some weakness and FFIE collapsed all the way. I have posted 10 days ago ball underwater metaphore. We still have strong risk-ON base present, to repeat it again: When risk-ON cools down…
SCHEDULING & SYSTEMS I know some will roll their eyes at how simple or robotic or whatever this is… but this is an exercise I’m working on: put away all distractions, take a pen and paper, and schedule out EXACTLY what your ideal weekday would look like. To have an optimally…
“The results of success are usually public and highly visible, but the process behind success is often private and hidden from view. It's easy to want the public rewards, but also have to want the hidden costs." -@JamesClear
Besides earnings, these are the other news catalysts I've seen make big moves in stocks
United States Trends
- 1. Thanksgiving 440 B posts
- 2. $cuto 7.489 posts
- 3. #MigglesArmy 2.759 posts
- 4. Custom 72,3 B posts
- 5. Dodgers 59,4 B posts
- 6. #WednesdayMotivation 4.868 posts
- 7. Good Wednesday 27,5 B posts
- 8. SKZ HOP UNVEIL UNFAIR 14,5 B posts
- 9. FELIX UNFAIR MV UNVEIL 14,4 B posts
- 10. Wrecking 14,5 B posts
- 11. #sociprovider N/A
- 12. DB Cooper 3.647 posts
- 13. #27Nov 3.758 posts
- 14. Landman 3.457 posts
- 15. UNTITLED UNMASTERED N/A
- 16. Sharon Stone 24,1 B posts
- 17. Hump Day 14,2 B posts
- 18. #WednesdayWisdom N/A
- 19. Snell 38,8 B posts
- 20. Cutoshi N/A
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