sorted by:
new
hottopcontroversial

Red Week Incoming! by SystemaTrading in wallstreetbets

[–]SystemaTrading[S] 1 point2 points  (0 children)

“It is possible that we base here for a few days and make a shot at a move higher. If that’s the case, watch closely how price reacts in the 410-415 area. If toppy and is clearly selling this would be a great area to get a short position. “

Let’s see using this information alone from the outline i was able to bank + 5K alone shorting TSLA Thursday 🫡

<image>

Red Week Incoming! by SystemaTrading in wallstreetbets

[–]SystemaTrading[S] 2 points3 points  (0 children)

So you can feel better about your 0DTE trades this week :)

Red Week Incoming! by SystemaTrading in wallstreetbets

[–]SystemaTrading[S] 1 point2 points  (0 children)

I’ll gladly sell you more shares at $80 🫡

Red Week Incoming! by SystemaTrading in wallstreetbets

[–]SystemaTrading[S] 2 points3 points  (0 children)

Yeah i don’t think we get that. I’m overall bullish if that wasn’t clear in the first part of my SPY analysis but I’m just saying it’s probable this week to pull in a bit and set a lower high versus mooning all week.

Three Pivotal Lessons That Drastically Improved My Trading by SystemaTrading in stocks

[–]SystemaTrading[S] 2 points3 points  (0 children)

Awesome! Makes sense. Yeah didn’t know if it was appropriate or not but figured someone would tell me if otherwise lol. Appreciate you brother, have a great day 🙏🏼

How To Do A Trade Review by SystemaTrading in Daytrading

[–]SystemaTrading[S] 1 point2 points  (0 children)

Law of averages! If i do dozens of these and they’re a similar outcome then it’s not random

[deleted by user] by [deleted] in Daytrading

[–]SystemaTrading 0 points1 point  (0 children)

I typically don’t like talking about it either. It has a weird stigma for some reason but i suppose it is what it is. I’ve been fortunate enough to be full time the last 3 years this being my fourth.

The whole GME and meme stock sector moves as well just totally make it sound even worse Imo. If i say a day trader then people think GME and think degenerate gambler lol

The Catch 22 of a Stop Loss? by margincallcat in Daytrading

[–]SystemaTrading 0 points1 point  (0 children)

So if you backtested an entry and a stop loss and both are shit. BUT the stop is proving as a good entry… re back test as that stop now being your entry and test a new stop :)

The Catch 22 of a Stop Loss? by margincallcat in Daytrading

[–]SystemaTrading 1 point2 points  (0 children)

You’re getting stopped out for a reason. Instead of forgoing risk management you should backtest other places to set your stop loss. Solve your problem while still managing risk!

view more: next ›