I am doing something new , I am going to do a monthly update on some live account trading results , these are real accounts with real money and this is about year 3.5/4 for me as a person that decided they wanted to jump down the rabbit hole that is trading . I am nowhere near being a master , probably never will be but one thing is for sure , I love this game ,...
Just want to note that I want this lol , but unfortunately cant have it without first derisking some stuff or getting stopped out on some things , either way open risk on newer trades is 4.29% ( 3 positions ) vs AUM of swing account , so ill have to just watch it ... it is a gappy name though , that being said . None the less look at how the last trade could have...
Looking a potentially playing this Miner ETF vs stocks in same sector Potentially less volatile than picking a leading bitcoin miner , ( CIFR or RIOT ) Also nicer price structure than some miner stocks I looked into Stats for review : WGMI , year to date gain 163% , Stage 2 HUT , YearTD 150.99 , Stage 1 , Short float 7.09% /...
Stage two uptrend but also tighter moves and over the 500 K avg daily volume on scans . I am uncertain as to whether or not I will trade it but I like this stage two uptrend for is lack of volatility compared to some other notable stage two breakouts in europe , gold , and emerging markets ETFs . But there are also two others etfs I noticed, next one is the...
Recent TT's breakout that also has some pretty darn impressive earnings and sales to accompany ... Brought in after-hours ... Market and General Notes Comeback day for market from what many bears probably saw as a short QQQ setup per yesterdays close but 80% rule ( 80 percent odds of failed breakout and range resumption ) . In turn bulls pushed QQQ up and over...
I bought some SMH today , S2 uptrend , one of the stronger groups rn. Related stock I may play as well is CRUS too , but has not given me a signal yet / only triggered .
I recently switched to a tiered account from a fixed with IBKR. The fees were never the best with EXRO even on fixed account. Now, not only can I not really take advantage of ECN rebates with EXRO, since its a Canadian stock , but ECNs rates for Canuck stocks are much less favorable. So due to trading fees not being favorable , I am taking this one off the...
I bought ULTA today , TT's name ~ Lets see how it goes ...
I am in this late , I didn't really like the signal day on the 21st of march from a risk reward perspective but I decided to hop on based on yesterdays higher close . I like the reducing selling volume and the low volume up day yesterday. That hints that the current is gone for now and we can move up more with less overhead supply , at least that's what I see . ...
Some of you may have heard me mention several times about what I pondered to be the potential market low on Oct 13th of 2022. 6 months later, I think that that is turning out to more and more be the case. Furthermore, with Friday March the 31sts huge breakout , I feel like , for me , that was the true beginning of a risk on , bull market . I marked up the chart...
So , personally I like LW as one of the leading names for my style at this time , It has it all , earnings , cool products that are fun ( guess I am getting old if I think potatoes are fun eh lol) , institutional support and it has great RS with TT's qualifications ( those being RS , open 2/2 gap , and overall tightness) this seems to be some traits that stand out...
Yesterday near close I bot ULTA but it had a bad signal on close , as a result I got out pretty much right away on open today , gave it a chance but as soon as the candle went red , I was out . At the time of entry I was looking at either ACGL or ULTA , since we were right at the prior days close on open I figured it was reasonable to enter this to replace ULTA....
This actually turned to a false entry by end of day , took it with less than 15 minutes left in the day , but unfortunately its signal could not hold , the reason I take my trades close to the close and sometimes after is exactly to avoid this and had I noticed earlier , I would have actually got out ... Not to say it might not still work though so lets see , but...
Ever watched a flock of seagulls and been amazed with how they all seem to change directions at the same time like art ? Well I think it's the same with humans , kind of . We are emotional creatures . I have let these emotions run wild in the past and made horrible trading decisions , lots of you have probably done the same , after all your human too . I have...
Well I was really hoping for a renewed stage two but I guess its probably more trading range behavior's , we still have the oct 13th low to watch and I think that unless that low gets broken with follow through , we are in a daily trading range on QQQ . I am not too bearish , up until friday I was rooting for a suprise bull market but after seeing the selling...
Half the battle for me is just getting my butt kicked but still showing up for another wallop the next time and the time after that too and so on . However , I strongly believe that its important to focus on re entry after getting stopped out as long as theme is still valid . Do you know your systems edge/expectancy and how many times it statistically can lose in...
So was out of the last one several days back and just following my strategy here , lets see how it goes ~ This will be the current stage two cycles 4th signal , so far of the prior three 1 would have lost , two would have won. Exro's last S2 had 5 entries and there was a 100% success rate at the time on those signals .
I decided to get long this at the close on Friday, I might actually be jumping the gun a bit though , would be nice to see it take out the 60.24 level with a breakout above , however this looks like it has potential and based on my trades risk if it does work it will be a quick de risk . This is a very very beat up ETF , the worst of the groups in my opinion ,...