Dan Irish

@kilocool20 From a trading career perspective - no lol. But from a life perspective I have plenty to be grateful for, I'll get through my issues/struggles over time, thank you, I'll be alright.

@DansGamePoker are u ok?

I know I haven't been active like I used to be so this post is in a way... stating what's already been the case. I've been present while trading but in a way I haven't, I keep losing sight of what's most important, and what made me successful in the first place, the most concerning part is this has lasted years now... my mentality has been shot for awhile and I've been trying to force it back to what it used to be and I've been failing. Here is an example of my sloppy careless trading - Bought 15k $NUZE in at 1.07. Sold .70 for nearly -$6,000 loss. I need to re set my head, for the last few weeks I've been trading with so much fomo and emotion that I forgot all the basics and got sloppy. The result is a -$100,000 downswing spanning a few weeks which wipes out all of the progress I had over the last few months. This is the unfortunate reality of trying to do too much when all I've needed to do is slow down and trade small. I've made the same mistake so many times now that I've lost count. I'm going to take some time off trading and when I come back I'll stick to a small account and completely re start everything from the ground up, including making content again and working for the success, not just assuming I can show up half ass and still kill the game... it's never worked like that and it certainly doesn't work like that for me. I'll be fine as always, I just wish I could display a better example for the trading community - but hey being an example of what not do to is also valuable I suppose haha. Hope everyone out there is slowly going in the direction they want to go, I really am sorry for completely losing the plot... I lost the drive for excellency, and in trading you really need to be excellent in all aspects (precision, discipline, motivation, drive, sleep, ect.) if you wish to succeed. Ultimately if I did it once I can do it again - but the main point is... I succeeded in a way I could have only ever dreamed of and it made my situation quite... comfortable. Maybe too comfortable. For some people succeeding changes them, kills their motivational drive, the fire goes out once they achieved their goal they set out to achieve. I don't want to be that person although I know that's absolutely what I am currently today. When I return I'll enter the battle ground as if I've never done it before and restart fresh. That's all any of us can really do when we get completely decimated mentality, I'm not dead yet, I need to pick myself up, stop whining, and start taking logical steps towards breaking this vicious cycle of insanity and start killing it again. Shout out to the people out there in a similar state of mind.. we gotta dig deep, we can all turn things around but it won't be easy and we need to make changes. Alright rant over, goodbye for now... I'll have a couple more posts to show my last couple open positions once I close them out and I'll take my break.

Bought 2500 $SINT at 3.40 on the fresh patent press release. Got a quick move up and sold it at 5.85 for a +$6,000 winner in just 7 minutes. No waiting around, no choppy nervousness, just a nice straight forward trade for some awesome profits, just how I like it

Short story: I had $WHLR on my radar b/c of the massive drop it had gone through the last few weeks and the tiny details began to come together on the multi-day chart. I went for it on 9/4, 10k 1.05 sold at 1.00 when nothing happened. Then 9/5 took 5k 1.11, almost added 5k 1.12 but hesitated and it took off. Wanted to give this some time since it had been dropping for what felt like ages... but when I'm in a jumpy mood the emotions take over and I was overly eager to exit the position. I sold it at 1.52. There are times in trading when you won't have enough patience, times when you will have too much patience, and times you'll be locked in and have just the right amount. It's always a constant challenge to adjust that patience to be most inline with the reality of outcomes. I missed the mark on this one but love to see such an explosive move up.

@Sirisofgod I took 20k 2.03, got the squeeze, held it from 3.00 to 2.40 like a greedy dummy, sold 2.40, it dropped to 2.20, then it recovered and ran to 3.70 in after hours. Sloppy trading from me

@DansGamePoker did you get Wisa in after hours the other day it definitely looks like your pattern

@NaganiGolan That was blind faith and hope, I could have lost it all there if it didn't recover.

@DansGamePoker What made you stay in the trade today after the double top and wick at 2.70ish area, 20min after the open? The fact that there wasn't a 1 million volume candle yet? Thanks!

Bought 30k shares of $ASST swing set up on Monday at 1.70 average. Locked in profits at 3.01. Nice 77% roi trade and a profit of +$ 39,000 on the trade.

@npw109 There are plenty of trades that burn me for holding as long as I held ASST. Just a guessing game of statistics, sometimes I nail it, sometimes I look like a moron, that's trading for ya.

@DansGamePoker Wow impressive. Been trading for 10 Years and have no idea how you possibly knew to stay this patient

@BaroniTrader return on investment

@DansGamePoker what does ROI means ?

@npw109 Yeah that was an epic let down for sure

@DansGamePoker But you’re right though. I was literally so confident in that break of 5.30 also.

Was looking for a bounce on $ALZN. I scaled in 15k shares at an average of 4.80. For a moment I thought I was about to hit the lotto but it had a weak reaction to the move over $5. My instincts told me to let it go but my mind was set on hitting the lotto. Totally unnecessary loss that should have been a 4.90s cut for a small win - instead lost nearly $4,000 on the trade.

when I got fully sized in and it began running over 5, my risk becomes price action/timing rather then a set price, I would have liked to see a cut when it showed it was weak and failing to hold 5. So I guess if I had to set a price on my risk it would be 4.90 after it got over 5. I stubbornly held even though it had clearly failed a bounce attempt - which can lead to some nasty sell offs.

@DansGamePoker Was your risk 4.80?

Late day vwap reclaim on $VRAX, initially what caught my eye was $GOVX spiking hard and since they are the hot topic play and move together, I was able to see a price differentiation from a slight delay on $VRAX and snag the cheap price before it followed. 5k in at 5.44, sold it at 7.70 for +$11,000 on this trade. Great set up, great momentum, locked in profits into strength... this is what good trading is and what I need to remember is proper. I've been giving the bad ones too much room lately... the good ones don't make you wait.

@turbine319 look at the multi day chart, came from $15 and I thought it was settling nicely in the 4-5s and would bounce off the level back to around 7-8 price range but it failed to get going unfortunately.

@DansGamePoker What made you think it might bounce?

@bigpaparhino I don't sell it anymore I'm sorry

@DansGamePoker Brother Irish, is your "program" still for sale?

Bought 10k $PW in at 1.79, out at 2.55 for $7,500. Not bad, got real choppy in the 2.50s, was hoping for push to 3.00 before the chop, became unsure, cut position to protect profits.

Mike if you look back 5 posts on my main feed, you'll see multiple highlights of large losses. I've also documented many losses on my profit.ly when I actively updated it... I'm not going to make a twitter highlight on every single trade - I trade thousands of times - I choose to use twitter as a highlight reel of things I find interesting. I've never pretended I don' take losses, in trading everyone takes losses - this is common sense.

@DansGamePoker Great post, really beneficial, now show the 19 losers in-between each winner, thank you big fan

I bought 28,400 shares of $BBLG at 1.79 on 7/30. Locked in profits on 8/01 in pre market at 3.35. Nice +$44,000 profitable trade.

@Nbne_123 I saw it explode from $1 to $4 about a week ago so for all the risk I took on, I felt It was better to go for the big move I was picture or risk 2. Things take longer to play out these days

If you look at the multi week chart it had a massive move about a week ago and had dropped from 4.20 back to 1.60s and I liked how that level held for a few days - so I bought into top of the range in anticipation that it would bounce off the level and make a secondary run. I don't like my average at all, I really would have rather used sitting limit orders to get a 1.70 average at the highest... it was a reckless entry/position to be honest.

@DansGamePoker If possible, can you let me know your thought process of why you bought this ticket at that time with such big size. Was it on your scanner?

@Momad786 Not too sure, at one point I had accepted the possibility that I made a huge miscalculation and would probably lose a ton of money - but eventually it started creeping up and it gave me a bit of hope. I do feel I was way oversized.

@DansGamePoker What was your risk?