The_Baron1234

I’ve taken off 30% of my $MU at approximately 24R in 4 sessions. It’s a 5x leveraged position in the spreadbet account and silly not to take a little off.

Mentalist chart of the day goes to $MU. I loaded up on Wednesday around $707 and took first trim a short while ago. Extended? Yes. Can go higher? Yes.

Nice, $AKAM back above the ⚓️vwap from earnings day and with a daily slingshot.

$NBIS I’ve stalked a while longer and have taken the undercut of prior 2 lows this time down near the daily 8ema. Bullish if gap doesn’t fully close. Second attempt but a better setup than before.

I was too hasty here. Should have waited for intercut of two days ago (strength after). Bad execution tsk

Have given $NBIS a go. Gap window and ⚓️vwap from results gap up

Liked the wide ranging undercut on $DOCN and bought it. Looks ready this time.

Agree. Trade the patterns and filter out the doomsters who are always saying we’re going to zero and have done since 2023. Maintain watch list adding and deleting actionable setups. Those are your the best feedback. When they dry up or stop working it’s maybe time to lift the foot but press your edge till it stops working. And take profits along the way!

I can’t stress this enough if you want to maximize profits trading this environment . . . Turn off the news or at least don’t hold an opinion of the market based on it. Trade price. Seems obvious but you’d be surprised how many people just can’t do it.

@ohiain Trading is like the best video game ever. I feel your pain.

I hate trading. Not because of the losses, stress, or volatility…but because I genuinely cannot turn my brain off from the markets. I’ll be with family thinking about +5 years down the line. I’ll be in the shower thinking about entries I missed. I’ll go on a walk 2 mentally turn off my brain, but cannot... ...1/2 the time I’m supposed to be relaxing, but instead I’m comparing myself to traders +20 years older than me, wondering why I’m not to their status yet. It’s such a weird balance between GOOD & evil. Because on 1 side, this obsession can slowly consume you if you let it. But on the other side, I truly believe obsession is required to become exceptional at something difficult. But despite all the emotional ups and downs, I know I’m exactly where I need to be. Hopefully I still have 60+ years ahead of me to learn, improve, manage my emotions better, and continue evolving both as a trader and person. That’s the part I love most...being a continuous student. Humbling myself daily. Getting proven wrong. Waking up every morning knowing there’s still so much left to learn. I’m sure some of you know exactly what I mean. I can't stop thinking about the markets.

@TaPlot Thankyou for your work and vids. I love your minicoil indicator and have used it for many years. I’m looking forward to your enhancements to your volume indicator.

I've been trading since 2006, and I don't want to leave this earth without handing down most of what I've learned — to my kids first, and to anyone willing to learn. They're too young to understand it now. So the best way to preserve it is to bring what my eyes see onto the chart itself. In other words: build indicators that make my setups easy to spot — clean pivots, hidden/quick pivots, advanced setups, staying off the left side of the base, shakeout & reclaim, and more. Same spirit as what I've already done with Volume Pocket Pivots and Moving Average Trend. It's a big project. But I played with the concept this morning, and I think I can pull it off. All the hard work I've put in over the years will not go gently into that good night. I'll make videos of the progress to demonstrate how i am bringing the entire strategy together. I'll figure out how to make it available to the community at some point in the future — I just want it to outlive me and actually help people. This won't be your typical "indicators". What I want to create is multiple tools that when you layer them on the chart, it helps you "see" what I see.

Was stopped on this in all the chop. Serves me right for buying strength.

Took a little $FIVN off break of inside day around $22.35.

@icooperTrades Ian, I enjoy your content. Trend lines are so subjective but I zoomed out to the weekly and drew my own parallel lines and its fascinating how price has respected them.

#Cocoa had the sort of run and then collapse that I have recently been talking about on #silver (I have just posted a long detailed post on this). This is typical of the booms and bust of asset cycles (That does not mean everything has to come down this far, but all big run ups do correct). I entered cocoa between 3400 and 2900 and exited at $4000. This meant I missed the last spike up but it's now back below 4000 so I probabily wouldn't have taken any more money holding it for longer. It is now retracing back to the parallel (breakout line) and this is a standard technical pattern. If it tags the parallel I will re enter long and at that point probabilities favour another move up. It may not quite reach the parallel so I could be being overly picky on my entry because I could always miss it. But this is how I trade - I identify entry levels and wait for them to be hit. Missing trades is just part of the job. #trading #commodities

@ohiain I trade these setups a lot often using the 10min chart for entry. I find it interesting you indicator excludes the wick from yesterdays low. Curious as to why that might be.

$DOCN was a great example of this concept today. The name compressed tightly on the 30min timeframe, built a clean coil, and then all you had to do was wait for highs to get taken out before entering. From there, risk was very straightforward: Stop at LOD or the pivot low depending on your preference. This is exactly what I mean when I say: “If there is no tightness, there is no trade.” Don’t just randomly click buttons on names with sloppy price action. Focus on leaders pulling back into support/EMAs, let them tighten up, and then trade the expansion after compression. This is literally what I do every single day.

$MRVL was down over 6% in pre-market at one point. I’ve a cushion which let me give it the benefit of the doubt. Actually wound up adding on the undercut. Not a big amount but it’s something I try to do on principle

$NBIS and $TWLO first of my names that I own to go green.

I added to $MRVL position. Just a bit. Original purchase in green

Bought $DOCN on the undercut of the week’s price action and 8ema. This was a top focus along with $TWLO today.

I got an add of $TWLO to stick. I was a day early with the effort yesterday. Finished strong. Holding since gap up day. Feels good to add to winners.