SCsurftrader

I'm starting fresh with day trading. I finally have a work schedule that allows me more time to trade. I'm not consistent and don't have money to lose, but I love trading, so I'm going to take a page out @TraderBryce 's book, and use his $2 risk model and small position sizes

@TradetheMatrix1 Today seemed to shift into more of a seller day, tape was heavier than last few days. Couldn’t get anything going either

$JZXN $AIFF $EDSA Tried some longs but couldn't get legs going, break even day. Added to #oil long swing.

This new AI news/analysis feature in @FINVIZ_com is sick

$ATCH beautiful penny stock framework example. Put that on the fridge

This week might break the small cap markets, this is messed up

Either $OPEN grinded out all the short liquidity over the last few days or shorts are being stubborn as hell

@TheMattDiamond @tradingview Yes, tried to reach out to support without a fix

@TradetheMatrix1 Do you see more type 4 traps in weaker cycles since riggers seem to need to create more demand liquidity by swiping demand and getting shorts to chase to create that demand liquidity from shorts since longs are less motivated to buy small caps?

Have this routine set for several years, every day the same. Saving each day: -naked charts, -market cycle conditions -execution charts -key global news on the day ...so that end of the month or end of the year things can be reviewed for patterns exploration vs specific market conditions. To put it this way: Saving market behaviors is far more important than your own performance notes or execution charts. So many traders are obsesed about "them". Its the market you have to pay dues to as priority focus before "you" comes into picture. Also if you are only saving charts of tickers but not specifying market conditions and doing EOD summary of how the market has been on the day-the saved charts might become useless. Because if you dont have context built for review later on you dont know what to measure it against. Thats why cyclical conditions need to be saved. And you need to optimize this routine as much as possible. Too much details in reviews and you wont end up using it as it will become noise. This is a bit 1999s style method, more modernized one would be just using something like Mural or other softwares for whiteboards where you can drop all the stuff for each day into. Either or. #smallcaps

@TradetheMatrix1 This is such important insight into daily process, saving this

@TraderBryce Congrats Bryce

I am now the homeless trader

Like this small cap tape turn from yesterday, maybe shorts a bit quicker to cover than they have been

Trying to long small caps is an exhausting process in this cycle

@thetickerhound Thanks buddy 🤙

@SCsurftrader Good to see pal.

Still grinding in the dark. Watching from the sidelines until I hit the marks that prove I've got it. Appreciating the solid, successful traders commentary on here, I read it every day and hope to one day be contributing to the community the way they do. From late 2020 to now

really tough day on the long side

Low float China names, haven't seen momentum like that in awhile

My strategy for deeper learning in tape reading is taking small size and fighting the tape when the flows and current is against me. You really get a feel for when the tape shifts and the wind is at your back

$MNTS a few days back, $ASST yesterday, and $TRIB today very similar tape

We got some algos back in town

@TraderBryce Now that your on that side of the trade, you tell us when your fighting the tape, and dips are soaking 🙂

$LUMN $SAVA awesome opportunities today

I have a feeling something might really get away from shorts soon, seems like they've had a good back stop with all the failed breakouts and selling pressure to protect them, giving them that confidence. Just part of the cycles