@RedStateWelfare @ImBreckWorsham Yet they claim Republican policies are better and people keep voting for them. They'll never change or learn.
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Sam
20.1K posts
Sam
@Average_Sam_101
Political & Non-Political Talk. An Independent & Sports Fan
انضم Temmuz 2016
1K يتبع1.1K المتابعون
@ImBreckWorsham Well, Republicans are largely residents of the lazy welfare states.
Those dogs don't work.
#DefundTheRedStates #EndRedStateSocialism #NationalDivorce
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Republicans control the White House, the House, the Senate and have a majority conservative SCOTUS and with a straight face they tell the American people that they can't get things done "because of the Democrats."
That dog don't hunt.
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@Average_Sam_101 I never said free sample. Only you said free sample.
No it’s not too late.
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if you filled out this form, you should have access to your first weekly report
thank you!
JK@jonbking
Members 👉 tinyurl.com/579ytkhs Signup (FREE): forms.gle/Mv2o4MCTX4QjjY…
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@MarkRitchie_II I've always been curious about how often traders take a trade just based on the chart. Everyone talks about having some CAN SLIM type fundamentals as almost a must. But stocks can go up regardless of the data.
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Trade #1...
$CYRX This is a classic high RPR type trade, show me a chart that looks like this and I'm potentially interested don't care what they do. These guys are transport for medical stuff but for me looking at the earnings and the chart it I'm gonna trade the strength as it's powerplay ish/esq and if I get a nice 2/3R I'll turn it and burn it, small position due to liquidity but this is the type of trade when my account was smaller that I may take a big line as you can get good quick alpha out of setups like this.
On the fundamental side you can see not much to write home about, company is losing money, some small earnings in last quarter but against losses and nothing that jumps out at me, and I don't know the story much at all so happy to ring the cash register if I'm fortunate enough to do so.
Mark Ritchie II@MarkRitchie_II
A long winded answer with real time examples... For me it is always the technicals that draw me to a trade. I like to think of it like renting vs owning. I'll rent (trade) any stock but I don't want to own (hold) any outright without renting first and I NEVER play anything for a larger move without getting at a profit first. So I'm only playing from a position of strength what I call 'trade to invest'. So three examples from this week of things I bought and currently own. Going to do follow up post on each one so I can show charts and thought process. Please feel free to tell me if this is or isn't helpful as again I'm not on here to talk my book but to actually provide insight to people who find it helpful...
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@TaPlot @marketsurge Great to see you posting charts again. Hope that means you are feeling a bit better today
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While #ai build out stocks are taking a breather. Cyber security ones setting up and turning up. $crwd $ftnt $panw $okta
I'm playing through $bug etf
Chart via @marketsurge mobile app
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@jonbking An X post somebody said “this looks special”. I put in 35k cashed out 18 months later at 700k.
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@TechCharts Do you see more successful trades when you wait for a 3% breakout confirmation close compared to buying a few pennies right as it moves above the boundary?
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Breakout, pullback and continuation? A H&S continuation with a re-test.
Candidate for a Type 2 breakout.
Price action that remains above Last Full Day low (intraday price action not closing basis) and reach price objective are categorized as Type 2 breakout. $KRNY
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Trump: "There is no $300 Billion payout to Iran. That's just fake liberal news!"
Also Trump per the agreement released by his own White House:
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@PeterLBrandt Does the support of the previous pattern, that is below the descending triangle, have any impact on your trade and price target?
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Two things are required for a "possible" pattern to become a "realized" pattern
1. Completion
2. A run to the target
If descending triangle below is realized, Silver could trade again in the low $40's/high $30's $SI_F
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@breckgold @TechCharts @PeterLBrandt Did you test how far they go. Like did they really just go to their price target and then stall out, or did they trend further
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@Average_Sam_101 @TechCharts @PeterLBrandt Yes. All terms, not just long. Didn't matter.
Also, we wrote these patterns to be discrete binary signals; Ie. no interpretation.
It's was a difficult pattern recognition programming challenge.
Non-Horizontal patterns were MUCH more difficult to reliably represent.
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Beginners draw diagonal boundaries usually connecting two lows. It is the most frequent and the most misleading.
That is why for all level chartists I'm suggesting to focus on horizontal boundaries that have several tests. They are rare, but more often valid technical levels.
Aksel Kibar, CMT@TechCharts
The success of your charting is not evaluated by its prediction or its capability of forecasting a move, it's success comes from the identification of a valid level recognized by market participants, that produces a directional move to profit from, once breached.
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@breckgold @TechCharts @PeterLBrandt Are you basically saying, trading ranges that have multiple touches/long term ranges are more successful?
Also, did it matter if it was a reversal or continuation trading range?
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@TechCharts @PeterLBrandt Bitd, I had C/C++ programmers tasked for over a year, testing Edwards & Magee patterns against out-of-sample data (pre/post E&M over many decades of data).
We found that well defined (multi-point) horizontal patterns dwarf non-horizontal in relability over all time-frames.
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@LeifSoreide Is this considered like a low cheat VCP since it hasn't turned up yet near the highs
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Looking for a re-entry in $NTAP this week as it sets the lower portion of what looks like a High Tight Flag. Getting ahead of the chop around the highs of the flag can be helpful! 📈
Leif Soreide@LeifSoreide
Out today on $NTAP great earnings reaction from 110 or so entry.
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@jonbking @TechCharts @PeterLBrandt Ah ok. Just figured because you said you don't cover stocks anymore in your report that you prefer to trade ETFs
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@Average_Sam_101 @TechCharts @PeterLBrandt I don’t prefer ETFs over stocks.
There are a lot of people who can’t afford futures, and asset managers & investment advisors tend to trade more ETFs than single name stocks. I’m targeting the latter.
Personally, I trade the most efficient vehicle I can express a trade in.
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@jonbking @TechCharts @PeterLBrandt Is there a reason why you prefer ETFs over stocks? Is it because less volatile, more winners in terms of reaching their price target?
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@Average_Sam_101 No, sorry I don’t cover individual stocks anymore. I’d suggest @TechCharts @PeterLBrandt
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True-except perhaps for most of the second, third, and fourth quarters of most of the games
Barstool Sports@barstoolsports
“We absolutely dominated for most of the series” Victor Wembanyama after the Spurs lost 4-1 in the Finals
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@ImBreckWorsham Dude goes on and on about an auto pen, but nothing on this.
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Why would Trump shutdown an investigation into his own assassination attempt?
This entire administration is like a bad 80's episode of "All My Children."
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So to sum up today's news, our president has a nipple fetish, Vance's team is jumping ship and Trump announced a historic peace deal in the Iran war only to have both Israel AND Iran say they have no idea what the fuck he's talking about.
What a time to be alive.
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@FrankTradesz Did you take a short position on that breakdown from the triangle?
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$intc
Big gap up pre-market
Putting in a false breakdown
News: Google. Nvidia considers Intel a backup chip maker.
Looking like a A+ setup soon, setting up for a fat pitch
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