Avg 25.9R per winning trade is excellent. The 25% win rate & small avg loss makes this possible. Noobs/scammers always claim a win rate rate of...
From richest in the world for his age to being among low life thugs that will rape, stab, or even kill for a few dollars worth of Ramen or a...
NVDA had strong relative strength when the indexes were still at their 2023 lows. The channel had a bear trap, got to rinse out the weak longs &...
Could care less about 'slippage' - on a 300-500pt move a tick or two
I like panics, crashes, mayhem, breakers, etc. This is where the most opportunity is. With all the algo/quants these days & years of complacency...
A catalyst of unexpected news/reports, is the best way to get highly directional moves that can run for days with only small pullbacks. Breakouts...
Here's some food for thought: a quote from a Japanese retail trader that turned a small acct into $300M. "There is no trade more beautiful than...
Although I have a few favorite setups, my low risk trades has a lot more to with the risk/trade mgmt than the entry signals.
Here are some quotes I really liked from the Pit Bull that has been on my journal for eons. "Don’t listen to yourself, instead, listen to the...
I would say that position sizing is the #1 factor.
In TWS go to global config/presets/select stock, options, or futures and make sure you have the box checked "allow order to be activated,...
You have to assume the majority of analyst are dead wrong at the big turns. Back when Enron was a Wall street darling 10 of 15 analysts were...
A $25,000% return on account scalping the ES in 4 days is pure fantasy. I think the world record is Larry Williams +10,000% year from a few...
[ATTACH] Back-testing optimized to the max is the crack in trading. A return like this can pay off the national debt & corner the words money...
Here are a few quotes from Charlie Munger that has been in my trading journal. It is remarkable how much long-term advantage people like us have...
The market has been following its seasonal influence although stronger this year. Blue line = last 5 years. Red line= NQ/QQQ [ATTACH]
Chanos made an noob move by shorting the wrong EV stock & committing to it. He should have shorted Nikola which was a scam. [ATTACH]
I think I was one of the bottom ticks covering on the NVDA spike. LOL [ATTACH]
The winning formula for Qullamagie & Zanger are trading mainly or entirely from the long side of the strongest stocks in the strongest bull...
When the Fed starts cutting rates the mkt is likely to tank significantly. Rate cuts signals the economy is toast or the Fed broke something.
Separate names with a comma.