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@__dugy
Trader, Investor, Student Gettin' had, gettin' took I tell you, folks, it's harder than it looks
The Contrary Katılım Ekim 2012
85 Takip Edilen28 Takipçiler
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@TheOneLanceB @smbcapital Pros: ~270 day base, clearly in the leading sector (SMH), above the 200 big round number.
Cons: overall market, especially SMH is potentially extended, coming into potential ATH resistance.
Thoughts: undeniable as long as above $200
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PROS / CONS OF NVDA DAILY BREAKOUT?
The main debate on my call today w @smbcapital interns was whether this is a setup worth taking.
What are your thoughts? Pros? Cons?

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@NickDrendel Yes please! Data center another primed theme. $IREN $RIOT $WULF $CIFR
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@ShakePryzby1 A timely post for my trading, had a couple trains de-rail on me recently but sticking to the process
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The best adjustment you could ever make for your trading is to X out that PnL intraday and stare at your stocks daily charts instead. We had a big discussion today how daily PnL is the trap that only heightens emotions every tick, naturally leading to emotional decision making and therefore trading mistakes. The entire goal of trading is to avoid this behavior at all costs.
If a stock goes 30R and you sold it for 10R you have made a grave, year-altering mistake. To get to the 30R trades you will likely have to go up 8R down to 3R before the stock consolidates and sets up for the next leg.
Need to see the forest from the trees. The best trading quote that's helped me so much in terms of sticking with trades:
"If you buy a train ticket from NY to California, are ya gonna get off in Chicago?!"
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@bridavigo sorry to hear.. did you learn something from it? Maybe don't remain short above VWAP? Sizing smaller? if so its just tuition paid for that lesson and you'll be back
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Sometimes its worth taking pros opinions for gospel. I imagine $CAR has blown a-lot of people up
Lance Breitstein 🇺🇸🌎@TheOneLanceB
Narrator: he did not make it back anytime soon. IMO, today’s $CAR price action makes it far more dangerous to be short equity outright. Better to position via a hedged short or long puts…. Or long calls if that is your thing lol.
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Sharing:
Huge battle vs 6968-83** Intermediate Resistance. Expecting a bigger magnitude move given the importance of the area
A combination of Profit taking+Intermediate timeframe sellers are expected, so it can create a bigger intraday move/multi-day regardless of direction

RW@UniqueTrades
ES 6960s/NQ 24760s Market screaming R/R asymmetry here Defined risk, huge reward potential.🚂 Let's see if Intermediate Resistances can react via profit taking/intermediate sellers defend
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