Nick Schmidt

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Nick Schmidt

Nick Schmidt

@NickSchmidt

Big weekly chart guy. Always learning.

NY شامل ہوئے Ocak 2018
353 فالونگ159.2K فالوورز
Za
Za@ZaStocks·
Advice for those monitoring the situation over the weekend even after watching the price action over the past three weeks: Stop.
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Nick Schmidt
Nick Schmidt@NickSchmidt·
The dow is still under 50K 😆
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Vince
Vince@InvestingVince·
@NickSchmidt We could be gapping lower on Monday due to the news
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Nick Schmidt
Nick Schmidt@NickSchmidt·
@lumiloz We could technically pull back pretty aggressively and still be healthy. Bunch of growth leaders had big breakouts out of proper bases the past 2 weeks. They can pull in and retest but if they all started not holding their base pivots and failing I’d get cautious
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LUMILOZ
LUMILOZ@lumiloz·
@NickSchmidt What type of candles or exhaustion would you consider in your approach ?
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Nick Schmidt
Nick Schmidt@NickSchmidt·
The higher the market goes without pulling back the stronger it is. This action makes me believe that this is just the very beginning of a massive trend.
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Nick Schmidt
Nick Schmidt@NickSchmidt·
@ohiain Like this past week 7/7 stocks I bought just went up? 100% win rate? Def nothing new I did market must be pretty strong 😆
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iain
iain@ohiain·
@NickSchmidt I totally agree: win rate is useless. R/R is ALWAYS the focus!
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iain
iain@ohiain·
One of the best indicators in trading isn’t on your chart. It’s your last 10 trades. If you’re 7/8 green out of the last 10, that’s important feedback. Conditions may be lining up with your style, your selection is working, and it might be time to lean in carefully and add exposure. But if you’re 0/7, that’s feedback too... and you better stop and rethink things. Either the market is telling you something, or your stock selection is off. Every trader, no matter the style, answers to the same concept: Every trader's P&L is feedback. If the indices look weak but your trades keep working, trust the evidence and stay focused on your setups. If the indices are ripping higher but you’re on a losing streak, ignore the headlines and get defensive. The market being strong means nothing if you’re not in sync with it. A controversial truth... but my aggressiveness should be based more on my recent execution than the market narrative. > Winning streak + strong execution = scale gradually > Sloppy trades + losses = size down immediately > Mixed results = stay patient and selective Trading is largely psychological. Charts matter, but the ability to interpret feedback, adapt, and control yourself matters more. 90% psychology. 10% technical. Know when to press and when to protect.
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Nick Schmidt
Nick Schmidt@NickSchmidt·
@alphacharts365 I’m so inconsistent sometimes I wake up 4 am ready to go all week then I will crash and wake up at 9 for days
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Jack
Jack@alphacharts365·
@NickSchmidt 5am wake ups might not be healthy for me long term 🤣
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Jack
Jack@alphacharts365·
$TSLA Moved 15% last week and might be finally completing this large base
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Justin
Justin@BunkBilfington·
@NickSchmidt My eyes! So many color! My eyyyyyyes!
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Nick Schmidt
Nick Schmidt@NickSchmidt·
@FadeTheXX When I feel extremes I do know sometimes to fade myself
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FadeTheXX
FadeTheXX@FadeTheXX·
@NickSchmidt fading your emotions can be a very profitable strategy
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Nick Schmidt
Nick Schmidt@NickSchmidt·
@GoforThomas Like we aren’t going to just straight up and crash is how I’m interpreting it. Bullish sentiment?
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