Shyam Patel

I spent most of my 20s thinking I didn’t want kids. Thought it was a distraction from achieving “success” (whatever that meant). Well, last night, I was tucking my son into bed and he looked at me and said, “Dada, you’re my hero.” It was the best moment of my life. I can’t imagine not experiencing this. I’m not sure how anything will ever measure up to the feeling I had in that moment. Purest joy I’ve ever felt. I’m glad my definition of success changed, because this version is much better.

@Deepvue - Doing some great things! Finally made the switch to it. Wanted to have a dashboard like this to have all the information on one page and all the built in scans. Awesome job @AmeetRai @RichardMoglen @NickSchmidt @RossHaber

@TheRRRGTrader This is what i got from GPT

can someone bully AI into making this prettier 😅

@RealSimpleAriel Can you keep me informed on when he capitulates please...

The stock market is not a place to treat like a casino! If you want to average down in a bear be prepared to get your ass kicked! I’m sure this is a lesson my buddy will never forget $META.

@FranVezz Finalllyyyy

A bit of a character change here, that COULD get us closer to a capitulation type move. Last few days, $QQQ is now selling a lot more aggressively vs chopping up and down. Trend accelerating. Maybe this leads to heavy vol selling, some real panic, and a possible capitulation move?

@Afrazamann Going to get Jack Schwager to start on her chapter soon

Future market wizard

$NBIS or not... stopped out from my buy yesterday.

$NBIS - Holding up well after the offering

@RealSimpleAriel Just blow up this market already!

We CANNOT lose the semis. $SMH rejection of the 50sma and gap down today. Round Trip on $AMD $INTC not pretty Without that group there is a 0% chance of this market meaningfully heading higher.

Qullamaggie: "Look, at the end of the day, if the market is going up, if stocks are going up, your job is to be long. Once the moving averages turn and your stocks fall below the 10 and 20, your job is to be in cash. It's not more difficult than that. Focus on what you can control. Everything else is just noise." youtu.be/b3KVfgPTQDY Qullamaggie's quote provides a simple yet powerful insight into successful trading. Let's break it down. Follow the Trend: If the market is going up, your job is to be long. This is fundamental. Don't fight the trend; ride it. If stocks are trending upward, that's where you want to be positioned. It's that simple. Don't try to predict tops or bottoms; you're not a fortune teller. Use Moving Averages as a Guide: When your stocks fall below the 10 and 20-day moving averages, consider moving to cash. Moving averages are a great tool to help you determine the direction of the trend. They can act as a support or resistance level, and when the price falls below these levels, it might be an indication that the trend is weakening or reversing. Keep It Simple: Don't complicate things. Keep your strategy simple and easy to follow. You don't need a dozen indicators on your charts. In fact, too many indicators can lead to analysis paralysis. Stick to a few key tools and use them effectively. Focus on What You Can Control: You can't control the market, news, or other traders' actions. What you can control is your own actions and decisions. Focus on that. Have a clear plan for each trade, including entry, exit, and stop-loss levels. And stick to it. Ignore the Noise: There's a lot of noise in the market – news, opinions, rumors. Ignore it. Stay focused on your strategy and what the price action is telling you. Don't get swayed by the opinions of others. Trust your analysis. Risk Management is Key: This quote doesn't explicitly mention risk management, but it's implied. By moving to cash when the trend reverses, you're protecting your capital. That's crucial. Never forget that the first rule of trading is to protect your capital. Be Disciplined: This might be the most important lesson. Discipline is what separates successful traders from the rest. Be disciplined in following your strategy, managing your risk, and ignoring the noise. It's not always easy, but it's essential. Remember, trading is not about being right all the time; it's about making profitable decisions over the long term. So, keep it simple, follow the trend, manage your risk, and stay disciplined. The rest is just noise.

@FranVezz Congrats brother!

Have a great weekend Fintwit fam!👋 I'll be getting ready to open a new business on Monday. If you're struggling, wanting to quit, please don't. From great struggle comes great reward. My DMs are open any time.

Seeing setups right now can be tempting but this environment can be treacherous. This isn’t an easy market. Patience pays. Wait for a shift where more stocks are moving in Stage 2 uptrends. Right now, many are still stuck in Stage 4 declines. Protect your capital. More importantly, protect your mental capital. Wait for the easy money.

That being said, very difficult market. Been majority in cash for a while now.

$BE $CAVA $MU $SNDK - Starting to see some potentially actionable setups. $MU - Earnings Wednesday

@NickSchmidt Possibility

I know the market is close to picking a direction because I’m having thoughts like what if we go sideways forever

$PL - and it gave it all back... stopped out! 10-min chart

@cfromhertz @danshep55

$JETS coincidence? 🤣

Goodnight, don't let the bears bite...