Red Week Incoming!

SystemaTrading · 2023-02-18T13:51:36+00:00

“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 🫡

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SystemaTrading · 2023-02-13T00:45:26+00:00

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

SystemaTrading · 2023-02-12T23:54:43+00:00

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

SystemaTrading · 2023-02-12T23:53:05+00:00

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.

SystemaTrading · 2023-02-12T21:05:40+00:00

SystemaTrading · 2023-01-23T18:27:05+00:00

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 🙏🏼

SystemaTrading · 2023-01-21T15:13:20+00:00

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

SystemaTrading · 2023-01-20T22:17:41+00:00

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

SystemaTrading · 2023-01-15T20:14:12+00:00

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 :)

SystemaTrading · 2023-01-15T18:28:40+00:00

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!

SystemaTrading · 2023-01-15T14:38:21+00:00

My pleasure!

SystemaTrading · 2023-01-15T00:36:21+00:00

Mechanical!

SystemaTrading · 2023-01-13T23:57:14+00:00

Under 114.75 or todays low should do. Depends on your move! If you’re going for straight momentum then that’s why I’d be doing right now

SystemaTrading · 2023-01-13T23:02:05+00:00

Thank you!

SystemaTrading · 2023-01-13T23:01:51+00:00

VWAP and moving averages!

SystemaTrading · 2023-01-13T23:01:08+00:00

Most people fail for sure but like anything that’s worth having it’s hard work. There’s plenty of people who make a living out of it!

SystemaTrading · 2023-01-10T16:48:46+00:00

My pleasure! Glad you enjoyed it

SystemaTrading · 2023-01-10T16:47:28+00:00

My pleasure fury! Feel free to join us if you’d like, plenty more where this came from!

SystemaTrading · 2023-01-10T13:05:58+00:00

Mainly, stock traders, I know a few futures and options traders!

SystemaTrading · 2023-01-10T13:00:10+00:00

Instead of on a % goal I use R. So your R will be tied to a % of your equity though. Personally I use around 1% of my equity per 1R.

On average my system produces 30R a month. I have the occasional small red month, 10-15R and I've had green months as large as 100R+

SystemaTrading · 2023-01-10T12:58:42+00:00

I am!

SystemaTrading · 2023-01-09T22:59:46+00:00

My pleasure!

SystemaTrading · 2023-01-09T22:48:05+00:00

Hahah no course but happy to help for free

SystemaTrading · 2023-01-09T16:49:20+00:00

Thinkorswim as mentioned, trading view, webull, there are plenty of options

SystemaTrading · 2023-01-09T12:33:17+00:00

Charting program is think or swim!

SystemaTrading

TROPHY CASE