Rnddude

@n_bancroft2 Awesome. Thank you very much for your response! Makes sense to me.

It looked like no man’s land because it was. Buying over the previous days highs there wasn’t a logical place to put my stop. Low of day was 4% away, that’s too far for me as it would negatively skew reward/risk ratio. I try to keep my stop to less than 1/2-1/3 a stocks ADR. Means I get stopped more, but when I catch a winner it skew the reward/risk ratio Greatly in my favour. Given how strong it had been withstanding market pressure, I felt I could try it with a smaller stop on the basis that it should move when market bounced.

Daily Review - Positions acted well with SNDK TER consolidating and GEV VRT pushing higher - Positive action in watchlist too so added some exposure with positions in BE CCJ NXT - Still seeing good action in main watchlist with some pivots forming. See if that can continue and the market can hold open.substack.com/pub/nathanbanc…

@NickDrendel That is a great idea!

Leading themes this month. At the end of each month I review my trades to see if I managed to get positions in the best themes. Hit - Nuclear, Metal/Mining, Biotech, China Missed - Gold Miners, Blockchain, Semis, Solar

@NickDrendel It looks like the bottom of the support gap should be at the close of pink day. So it is not quite an U&R.

@NickDrendel @Deepvue Check out the published script: tradingview.com/script/veLNcZJ… I use it everyday and it really helps. I hope you find it useful! Thank you for the inspiration, the video about it and all the work you do for the community!

@Rnddude1 @Deepvue Can't wait for this!

I could not agree more. All my best trades have come on undercut & reclaims of support gaps near KMAs. If you've never studied gap zones before, start here: youtu.be/7vH0iWBJVIQ

I just published a script in TradingView to automatically draw support and resistance gaps, inspired by @NickDrendel Support & resistance gaps - TradingView tradingview.com/script/veLNcZJ…

@Mo_U_Gad @ZaStocks can you tell me, why you blocked me? I am just a silent reader.

Good to have conviction in heavy positions

@Clement_Ang17 You are such an inspiration to me!

24 Aug 2025: Trading Aggression 🧨 (A Thread) A lot of you have been asking me how I was able to have the guts to get so aggressively positioned into the Jackson Hole event, so I thought I would share a little more about my thought process, the context, and a lesson on how I approach trading aggression. 🧵 The Context - As usual, the context is very important in setting the stage. I was coming off a very good July, well into triple digit territory YTD and psychologically in a good headspace to continue my 'trading flow'. Those who read my previous posts, I have mentioned to always focus on the following in your trading operations: (1) Preservation of capital, (2) Consistent profitability, and (3) Pursuit of superior returns. I have been able to achieve (1) and (2) thus far, so coming into August the priority was to focus on (3). The Market Environment - Nearing the end of July, I had noticed that as the market continue to grind higher, the environment had become increasingly bifurcated. I had begun to see a mix of both long and short setups, different to what we had witnessed all of late April - June. On 31/7, the $QQQ staged a (somewhat) euphoric gap open, outside 2 standard deviations from the 20-EMA upper Bollinger band. It was at that point that I struck, initiating short positions which led to a good start to the month of August. Given the bifurcation, it was also at this juncture of the market where I begun to adopt shorter term trading, maintaining a long/short portfolio, and frequently selling into strength/covering into weakness aggressively to keep the ball rolling. The goal is to chip away and build cushion in this choppy market environment. Thus far, I would say my 'offense' is split into 2 waves prior to the Jackson Hole announcement (making this wave 3).

@NickDrendel Awesome, thank you! I will add this to my study.

@Rnddude1 Usually I buy after the undercut and reclaim of the low of the support gap. That didn’t happen in RKT, but we had a volume pick up as we went through the 20EMA and get 2 cents away. When it came back through the high of that minute bar I market ordered in. Got filled at $17.18

$RKT - Trimmed some into the resistance gap to guarantee a profitable trade. Don't need many winners when your risk is so tight on entry. Buy on the SG undercut, sell on the RG uppercut.

@nickschmidt Are you saying I am fat?

If you don’t sleep like this at night your position size is too big

@Clement_Ang17 Thank you so much. That is very valuable.

The 5-min 6/20 chart is just a tool to 'time' a potential inflection point in a stock intraday. I find it very helpful to get tight entries when used in conjunction with a valid daily chart setup. It was 'invented' by Gil and he describes it in this website! virtueofselfishinvesting.com/reports/view/m… With regards to rotation, I would be lying if I knew what is going to happen. However, what I would say is that the cracks in leaders definitely something to keep at the back of your head, but at the same time given the rotation, I would look for setups in small cap land and trade it (as long as I can keep my risk in check). Lean on the feedback of your trades and the setups that proliferate to tell you the message of the market, that is usually the most accurate indicator!

14 Aug 2025: Some Thoughts 🧠 Nice to see small caps $IWM outperform the $QQQ the past 2 sessions since the CPI report. PPI coming tonight and we will see whether this changes things going forward. Nothing for me to do in the coming sessions as I will mainly manage my positions. Just some reminders if trading: 1. Traditional breakouts are still not really working. ❌ Those who chased breakouts likely got smashed as price action intraday is still incredibly volatile (take $RGTI intraday for example). Be opportunistic, get positioned on pullbacks to ascending moving averages, while timing the trade with a 5-min 6/20 chart to keep risk tight., 2. Once positioned, stick to the daily chart and manage your trade from there. 🖼️ Staring at every tick on the chart at this point is counterproductive and points to a few things: (A) You don't have a valid stop loss in place which tells you the trade is invalidated and you can move on, (B) You are sizing too large and psychologically not ready to take the L, and (C) You will likely overmanage a trade that has done nothing wrong. 3. Try to avoid the first 30-mins of the session before taking action. ⏲️ I've noticed huge see-saw price action in the first 30-mins, before seeing the real move unfold - just an observation which will likely help save a couple of stop losses. Take care and stay safe! 🟡

@BigWaveChartist Thank you! I will now study the EP after @PradeepBonde EP Masterclass and your stack and hopefully make it one of my two go-to setups. One quick follow up, if you dont mind: Do you place your SL after placing your order? How do you calc position sizes in real time quickly?

@Rnddude1 Oh and I never set an order in advance, I always trade what’s happening in realtime

Many of my followers have asked about my approach to trading Episodic Pivots (EP's), as I've been posting a lot of them recently. I just finished an article on my process for trading these. Hope you enjoy! open.substack.com/pub/bigwavecha…