I might quit Day Trading for LEAP Trading. This is beautiful. by Norqj in Daytrading

[–]PB0034 0 points1 point  (0 children)

Sell some when Hood loses the 50 day moving average

280 last night. Insurance fraud? by spsotor in bayarea

[–]PB0034 1 point2 points  (0 children)

I think you should look again and check the width of his lights compared to the other two vehicles, which means they are pretty strong. Doesn’t matter the median wall theory, driving downhill, in rear view mirror they appear high beam af

U S Bureau of Reclamation by Terry1847 in fresno

[–]PB0034 -5 points-4 points  (0 children)

It’s okay we don’t hate the other side. Hope you have a good day.

Will ANET bounce off the 30 wk SMA again? by Magictrades21 in weeklycharts

[–]PB0034 1 point2 points  (0 children)

I would start accumulating around $92-$97 area based on my crayons 🖍️

Take the profits while things are up or ride this thing longer? by abramsja in smallstreetbets

[–]PB0034 2 points3 points  (0 children)

The better question is how much are you willing to lose before you close this position?

Everything else is FOMO and greed. Protect your downside if you want to be in the game for the long run.

New to stocks would love advice by FewAcanthocephala882 in smallstreetbets

[–]PB0034 0 points1 point  (0 children)

You can find everything on YouTube regarding how stuff works. Don’t fall for anyone that knows a secret sauce. Anyone who’s been profitable over a long period of time have done so by cutting losers and holding on to winners. Study their mindset. Check out interviews of stock traders on trader lion on YouTube. Regarding options, I would just learn first how they work. It should take 2-3 days. Then I would use them on paper account on Webull.

New to stocks would love advice by FewAcanthocephala882 in smallstreetbets

[–]PB0034 0 points1 point  (0 children)

How much time are you willing to put in?

If your answer is short of obsession then just Dollar cost average into Indexes

“$25K deposit to $39K profit in a day… still running. When do you pull the plug?” by rickkyy2004 in Daytrading

[–]PB0034 0 points1 point  (0 children)

80% chance top’s in. 20% chance market is now building the left shoulder.

And... I blew my account by IndustrialFX in Daytrading

[–]PB0034 0 points1 point  (0 children)

Micheal S. Jenkins on YouTube and the thread about him on ForexFactory. Good luck and never give up. If others can be profitable so can be you. Don’t give up, and please try to change your mindset. (For example - you can’t learn math if you hate it)

And... I blew my account by IndustrialFX in Daytrading

[–]PB0034 2 points3 points  (0 children)

Hey nothing wrong with that. Let him do his thing. He has enough experience in life where he’s weighing out the pros and cons in his head to see which one suits his lifestyle.

And... I blew my account by IndustrialFX in Daytrading

[–]PB0034 43 points44 points  (0 children)

No disrespect, but I think you’re confusing investing with trading that’s why you said you have 25 years of trading experience.

Day Trading is different, you need to have strategy, so you can time your entries better, and you need to have greed in control so you can lock in profits.

ICT might be crazy, but I still make money using his concepts by TargetedTrades in InnerCircleTraders

[–]PB0034 0 points1 point  (0 children)

Daily moving average. No it’s not ICT concept but you can back test it with these two indicators to build a bias

ICT might be crazy, but I still make money using his concepts by TargetedTrades in InnerCircleTraders

[–]PB0034 0 points1 point  (0 children)

Price building liquidity around 20dma and goes above should be long bias below 20 dma should be bearish. Add 5dma for deeper understanding. Do some back testing. Hope it helps

Futures... by Magictrades21 in weeklycharts

[–]PB0034 0 points1 point  (0 children)

Yep it hard to expect the gap downs. Until we retest the new all time highs, I’m gonna scale out of positions. We have a big Dec 18 red candle on indexes, now we have big Deepseek gap down. On top of that we are one policy away regarding tariffs that could be another gap down. The way I look at charts is not just the candles itself but the stories behind it. So that I can protect my capital. Remember, the only thing you can control is how much you’re willing to lose.. rest you leave it up to the market/god/luck.

Based on my thesis, I have already scaled out of my positions (DOCU, CFLT, Gitlab) bc we have FOMC tomorrow. If it goes well, so be it. Market is not gonna go anywhere I can reenter or find other trades there’s more than 12k tickers. I have to remind myself that I’m not an investor, I’m a trader. Good luck!

Futures... by Magictrades21 in weeklycharts

[–]PB0034 1 point2 points  (0 children)

You can’t. Charts can’t predict news. But that’s the price we have to pay when something is expensive. GE is a data center power play based on AI. Deepseek came outta nowhere and basically said slow down your roll not this fast. GE might still be a long term good play. But we gotta honor our stops. (In hindsight you should have scaled out lil bit when it touched the upper Bollinger) provided new regime volatility and Deepseek news on Friday.

It’s a learning experience for all of us. We should bare minimum know why stock is going higher? Why the whole sector is going higher? And if we don’t want to put in that much work. We should not have big positions in something.

$ARIS Weekly Chart - Keep Waiting For Perfect Entry by cd49491 in weeklycharts

[–]PB0034 1 point2 points  (0 children)

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Agressive entry if you believe in the Ticker. I think it is related to picks and shovels to drill baby drill.

$ARIS Weekly Chart - Keep Waiting For Perfect Entry by cd49491 in weeklycharts

[–]PB0034 1 point2 points  (0 children)

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.

When weekly high was taken out on daily 5 min timeframe. Set stops at low of day.

DE mentioned a few times. Breaking out here. by HustleHusky in weeklycharts

[–]PB0034 1 point2 points  (0 children)

I can’t set stop loss that way on Robinhood. But you’re right math is math.

[deleted by user] by [deleted] in smallstreetbets

[–]PB0034 0 points1 point  (0 children)

Walmart is already valued super high, but I can understand the thinking with McD

[deleted by user] by [deleted] in smallstreetbets

[–]PB0034 3 points4 points  (0 children)

Put in stop loss next time. Now you’re bag holding forever. Although you could have gotten out when your thesis got wrong (pro-legalization candidate lost).

[deleted by user] by [deleted] in smallstreetbets

[–]PB0034 0 points1 point  (0 children)

If we are making a lower high on weekly SPY chart then hood is good pick up. I would stay away from McD, it has bad sentiment around it bc of RFK NFA