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Bryan
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Bryan
@BryanCapital_
Data Scientist | Trader | Fitness | Growth Mindset | Always Keeping It Real
New York, USA เข้าร่วม Aralık 2013
100 กำลังติดตาม185 ผู้ติดตาม

@optionscjp Probably a glitch should be resolved by early morning
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Bryan รีทวีตแล้ว

Don't Let a Lockout Trend Build You Bad Habits
Right now is not a normal market. $QQQ is near 5x ATR off its 21ema. Leaders are 5-10 extended. Someone buys a stock at 3+xATR off the 21ema today, and it pays. Someone chases an extended breakout, and it pays. Someone adds to a name already up 30% on the month, and it pays.
That's worth sitting with, because it's where bad habits get built.
This tape is rewarding behavior that in a normal market doesn't work most of the time. You're not learning in the average environment — you're learning in a lockout trend, the rare regime where the rubber band keeps stretching and rest bars get bought before they develop. It's helpful if you were already positioned. It's a problem if it starts shaping how you enter trades going forward.
The risk isn't today. The risk is what you carry into the next tape — the normal one, which comes back eventually.
If this market convinces you that 3xATR entries are fine, that chasing works, that pullbacks into rising 21dma-structure are optional — you're building habits that won't hold up when the regime shifts. Credit Spreads will reclaim structure at some point. VIX will expand. MCSI will roll. When it does, traders who drifted from their process during the easy phase are the ones who give back the cycle's gains.
So the job here isn't just to make money. It's to make money without changing the playbook. Before each trade, a simple check: would I take this in a normal market? If not, size it like the exception or pass. Trim into strength. Let setups come on pullbacks into rising 21dma-structure. Don't add into extension.
When experienced traders trim and talk about extension as information — that's not bearish posturing. It's protecting the playbook. They've seen this cycle.
Discipline isn't really tested when it's hard to make money. It's tested when it's easy. This is the easy phase. The process you keep in place now is what carries you through the harder one later.
The market pays for discipline across cycles. Worth deciding which trader you want to be in two years, and trading like that trader today.
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@TraderAryan I do the stocks analysis on the computer, but I do place my trade on the phone!!!
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$QQQ just hit 10x ATR from the 50sma today.
Something that didn't even happen during the dot com bubble!

Ariel Hernandez@RealSimpleAriel
$SMH just hit 10x ATR from the 50sma today! The last time SMH was this extended from the 50sma was... Never That's right. Since inception it has NEVER been this stretched from the 50sma. We are now part of history! Make sure you share and tag those who bitched and moaned about the low volume on the way up
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@NickDrendel My brain says wait for consolidation or a pullback, but the tape says don't get left behind. Hard not to chase and not get fomo in this type of market
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