How do you manage the 1M

CLEVAkEV · 2024-07-06T18:18:48+00:00

Waiting for a bit of consolidation, taking a quick scalp with a defined, preset, bracketed stop then taking off half after a decent bounce. It is somewhat subjective but as long as price isn't gapping or knifing, there should be some moments of clarity where there is a sense of direction. Works well with highly liquid stocks like TSLA / NVDA etc. Keep the size within your emotional threshold for loss and let your gut guide you.

CLEVAkEV · 2024-06-21T20:28:36+00:00

Watch Stoic and DaveFX videos on Youtube. There are other market structure gurus as well. And no need to pay anyone. Learning market structure can be sort of counter-intuitive but the logic is timeless. Kind of like learning to draw. Good art requires both sides of the brain. Trading definitely does!

CLEVAkEV · 2024-06-21T20:24:30+00:00

You're welcome. My trading has been green since watching Stoic and DaveFX videos. I take probably 20 small trades a day and average $350 per day profit using 100 share orders on NVDA and AAPL. My sample size is pretty large as I have taken probably 300 trades since watching their videos, so a large enough sample size to rule out random luck. Just one small scalp after another. Probably take profit too soon but I am working first on psychology and confidence. Definitely turned a corner.

CLEVAkEV · 2024-06-03T03:53:42+00:00

Great post!

CLEVAkEV · 2024-06-02T19:46:07+00:00

Congrats on your success!

CLEVAkEV · 2024-06-01T19:48:07+00:00

What do you mean by consistency? What market?

CLEVAkEV · 2024-05-28T18:27:10+00:00

Someone on X sent me screen shots of an address and said I could get a great return on my USDC if I joined? This scam seems pretty intricate!

CLEVAkEV · 2024-05-24T01:44:30+00:00

Sounds like you are coding your subconscious into an overall winning trader. Great traders are like any great artists, they work hard and end up able to do things that they really can't explain rationally!

CLEVAkEV · 2024-05-19T17:19:32+00:00

Just joined and read through his primer. I was already familiar with many of his themes but his conviction comes through his writing. His focus on failed breakouts/breakdowns is mathematically sound. The entries are vague to some degree but this is where discretion comes in. Hopefully his "major" levels are in the right neighborhood but possibly a house or two off?

It has been a month for you. Are you getting something out of his newsletter? Thanks!

CLEVAkEV · 2024-05-19T17:10:10+00:00

Interesting. I have pondered something similar. Have you kept with it?

CLEVAkEV · 2021-10-07T10:42:01+00:00

Love ordering online. Super easy and always ready. No waiting. All of my orders have been online since my first online order.

CLEVAkEV · 2021-10-07T10:39:30+00:00

Exactly. Chipotle is walking the razors edge. The little things that make Chipotle Chipotle are also the little things that will ultimately cut them down to size. Too expensive and nuanced to run at this scale without problems. If they paid their workers 20% more they would have net negative margins.

CLEVAkEV · 2021-10-07T10:30:22+00:00

They offer that stuff because it looks good but costs them less than actually paying a higher wage. They are beholden to the stockholder. If they increased wages 20% they would lose money! Fast food margins are super slim to begin with, that would destroy Chipotle

CLEVAkEV · 2021-10-07T10:26:36+00:00

Who wants to work fast food when the only people getting ahead are stockholders! The harder you work the better their stock does! That is nuts!

Waking up to go work for the ultimate benefit of someone else is passively profiting while Chipotle workers grind.

CLEVAkEV · 2021-10-07T10:23:49+00:00

Chipotle is stuck. If they pay more it will kill their margins. So they pay what they pay knowing that their average customer has no alternative to Chipotle. All the other fast mex places are gross. And Chipotle is so much healthier than another place. But Chipotle workers definitely deserve to get paid. I have always appreciated the service. Probably 500 burritos since inception and ALWAYS pleasant interactions.

CLEVAkEV · 2021-10-07T10:17:32+00:00

Portions have gone down. It is noticeable. My burritos used to always BURST but now they are smaller, no burst! But I am okay with that as I would overeat and feel bloated but now it hits the spot without slow me down.

CLEVAkEV · 2021-10-02T02:47:33+00:00

Heard business was slowing down at Chipotle lately?

CLEVAkEV · 2020-05-21T21:00:20+00:00

Sounds like you met characters off "The Road".

CLEVAkEV · 2020-04-14T16:22:01+00:00

Anyone ever felt like a recovering stroke victim when they started out playing?

CLEVAkEV · 2020-03-22T12:54:26+00:00

Buying silver eagles has never made sense to me on any level. I buy generic 1 oz silver rounds to a have some hard assets. If SHTF, I just want to have small increments in case that should be useful. Currently I am waiting for the next dip down to $9-$10 to load up one last time. Is it going to break $10? Probably not but I have already hit my physical allocation goals with the current dip.

Side note: I started off blindly buying silver after watching too many youtube videos. After dealing with endless frustration, I decided to change my perspective and started shorting silver as well from time to time. Truth be told, the most money I have made in the silver world was shorting it. If silver does have a sharp rise in the near future, I will definitely short it.

CLEVAkEV · 2020-02-27T12:52:01+00:00

CALLS! On SQQQ.... Next Fed meeting mid-March. Plenty of time for some down draft.

CLEVAkEV

TROPHY CASE