Mike

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Mike

Mike

@Ironflow247

Trader....Price Pay$ your opinion does not 📉📈

United States Katılım Temmuz 2009
910 Takip Edilen3.1K Takipçiler
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Mike
Mike@Ironflow247·
You want to trade with enough fear where it keeps you disciplined & honest with yourself,but not enough fear where you are unable to execute
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Mike
Mike@Ironflow247·
@aRobotNamedSnax Or maybe the real lesson is, never get levered like this. Clearly they been making people over leveraged pay the price both to the upside & downside. People just don't learn
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Mike
Mike@Ironflow247·
@ZaStocks The problem is,most people really truly have to learn this the HARD way unfortunately.Someone can tell you this million times over,but even the best & most successful traders have had to learn this the hard way.The hope is that if you do, the big lost is just that. Not a blow up
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Za
Za@ZaStocks·
You should never take a big loss. It’s the most important rule of trading that any successful trader will tell you, non negotiable. Losing trades are inevitable, everyone loses. What isn’t inevitable is big losses. Why? Because we control the size of our losing trades. If you take a big loss it’s because you let a small loss turn into a big one, it should never happen. There should only be four outcomes while trading: Big win Small win Breakeven Small loss That’s it, big losses shouldn’t be an option. If you program yourself to not allow big losses your success will increase exponentially.
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Mike
Mike@Ironflow247·
@OddStockTrader @LindaSurovich Yeah, the same military that our grandfathers & great grandfathers were a part of that gave us all these freedoms & opportunities we have today. Maybe she should leave then
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Mike
Mike@Ironflow247·
This is why you never short the Hole, even if it may work sometimes $SPY $QQQ
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Mike
Mike@Ironflow247·
We're not in that type of Market right now, where you just have to go with it because it's a raging Bull. You have to pick your spots & generally be lot less aggressive until you get that major weekly pivot & hold.
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Mike
Mike@Ironflow247·
Everyone calls a stock shit when they get burnt. Maybe you just didn't trade it correctly? You can't chase a 24 hr 2 ATR ripper into a move that's $2 shy of previous weeks high, when said stock hasn't broke a previous weeks high in forever & expect to just get a blast off move.
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AsymTrading
AsymTrading@AsymTrading·
Dan Zanger in Momentum Master: “Observe and live in the firestorm of the market for a few dozen years, and you’ll learn not to stick your hand in the fire when you see it. I got burned too many times to forget what “chop and slop” truly means, whether long or short. Market behavior follows distinct repetitive patterns that teach clear lessons, so when you see a market starting to act badly, you’ve learned instinctively that it’s time to back off for the required weeks or months. During that time you don’t go on vacation and turn your back on the market; you still need to be watching the market every day so you’ll know when it has calmed down and is back to normal. Diligence even during a choppy market is part of good timing.” Zanger’s point is that the market has a certain feel when it is healthy and a certain feel when it is not. After enough time watching it, traders learn to recognize when conditions have turned hostile. In those periods, the issue is not just that setups look less clean. It is that the market stops rewarding good decisions. Breakouts fail, reversals stall, momentum fades quickly, and both longs and shorts can get chopped up. Experience teaches that when the market starts acting this way, it is usually better to back off rather than keep forcing trades. But backing off does not mean disconnecting. It means staying close, continuing to watch, and waiting for the market to settle and return to a more normal rhythm. That idea connects directly to follow-through, because follow-through is really the proof of whether progress is real. A breakout above resistance may look bullish, a strong market bounce may feel promising, and a gap up may grab everyone’s attention, but none of that means much by itself. The real question is always what happens next. Does the stock continue higher? Does it hold its gains? Does it absorb selling and remain in a position of strength? Or does it immediately stall, fade, and slip back into the range? The initial move may create excitement, but follow-through is what confirms intent. That is why choppy markets are so dangerous. Chop is not just about volatility or noise. It is about the absence of sustained progress. The market may still produce triggers, but those triggers do not lead anywhere. Stocks break out but cannot hold the breakout. Strong candles get retraced. Good entries fail to expand. In that environment, the problem is not always the setup itself. The problem is that the market is not in a condition where follow-through can develop consistently. Zanger is also pointing to an important truth about corrections. Markets do not only correct through price; they also correct through time. Sometimes the market does not collapse. Instead, it drifts sideways, churns around, and frustrates traders for weeks or months. That kind of correction can be even more deceptive because it keeps traders engaged while quietly destroying follow-through. It creates movement without progress, action without resolution. Traders who feel the need to always be involved often get worn down the most during these periods. The lesson is that timing is about more than entries and exits. Good timing also includes knowing when conditions are too unstable for real progress to occur. There are periods when the market is calm, constructive, and ready to reward sound decisions. In those periods, follow-through tends to show up more naturally. Then there are periods when the market is unsettled and erratic, where even strong-looking moves struggle to hold. Recognizing the difference is a major part of trading skill and wisdom that no indicator will tell you.
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Russell Valenti
Russell Valenti@russellvalenti·
Knowing what type of stock environment you’re in is an edge . Knowing when not to swing trade or trade at all in general is an edge. Knowing how to keep the money you’ve made is an edge. There will be opportunities. Be patient!
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Mike
Mike@Ironflow247·
Imagine if we go R/G $SPY $QQQ Definitely not a call or financial advice lol
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Mike
Mike@Ironflow247·
@danshep55 Wtf did I just read
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Dan 🐩🐩🐩
Dan 🐩🐩🐩@danshep55·
We were down .07% nasdaq premkt and went green . People acting like we just reversed down 10% . This feels like 2 70 year olds in a missionary position for a 40 second victory lap after 50 yrs of marriage.
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THE SHORT BEAR
THE SHORT BEAR@TheShortBear·
I am deeply honored to receive this year’s Derrick Leon Memorial Award at @Traders4ACause. Derrick embodied selfless mentorship. He gave freely to the trading community, his time, his knowledge, his encouragement, expecting nothing in return. This award carries the weight of that legacy, and I don’t take it lightly. Many of the OGs will remember Derrick as the heart of what made T4AC so special. His passion for helping others succeed left a lasting mark on everyone who knew him. We carry his legacy forward by continuing to show up for one another. I will cherish this honor and do my best to carry the torch, and make sure the next generation does the same. Thank you to everyone who attended this year’s T4AC26 at the in Miami. Every single one of you makes a difference and creates real impact. A special thank you to the incredible group that joined @Tradestl, @TheOneLanceB, and me in raising over $20,000 together, especially those who have contributed by booking packages year after year. Your consistency and generosity don’t go unnoticed. It was great reconnecting with familiar faces and even better meeting so many new ones. This community continues to inspire me.
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Mike
Mike@Ironflow247·
@danshep55 We did the same thing last Tuesday when the opening range high = previous weeks low. Was good for $20 upside, got $10 so far this week lol. Not bad
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Dan 🐩🐩🐩
Dan 🐩🐩🐩@danshep55·
$tsla reclaims opening range highs like most names and doesn’t turn back . Heck of a move for the bulls
Dan 🐩🐩🐩 tweet mediaDan 🐩🐩🐩 tweet media
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Mike
Mike@Ironflow247·
And we're Green $SPY $QQQ Everyone thinking Armageddon getting squeezed? Or was this war stuff already priced in or being shaken off? Time will tell
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Daily Loud
Daily Loud@DailyLoud·
T.I. son King drops a new diss track to 50 Cent after he made fun of his mother 👀
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Mike
Mike@Ironflow247·
@RIPS Sadly Rips, there's people in todays society that would argue she'd till be your Aunt 😂😂😂😂😂
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Kunal Desai
Kunal Desai@kunal00·
Hearts broken all over the United States 🥹🥹 Can't even blame Claude Why @etrade do you hurt us. Do we not bleed?
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