please share your thought process when you are looking at charts

Discussion in 'Trading' started by mute9003, Oct 31, 2021.

  1. deaddog

    deaddog

    :thumbsup::thumbsup:
     
    #121     Nov 6, 2021
    volpri likes this.
  2. Leob

    Leob

    :thumbsup:
     
    #122     Nov 6, 2021
  3. tomkat22

    tomkat22

    I've listened to his Twitch stream daily since february. Some have followed him a lot longer. The guy is one of the best swing traders around. He was working as a mall cop in 2011 with about 20k in his trading account and 10 years later he has grown that account to 80mm plus.He's the real deal. He's primarily a breakout trader but has also made a shit ton of money with parabolic shorts.
     
    Last edited: Nov 6, 2021
    #123     Nov 6, 2021
    fan27, taowave, toucan and 1 other person like this.
  4. Overnight

    Overnight

    Everyone is a genius swinging long stocks in a bull market. ESPECIALLY if they entered pretty much ANY STOCK IN THE UNIVERSE in March 2020. (Except T. F them.)

    No-brainer.
     
    #124     Nov 6, 2021
  5. themickey

    themickey

    From 20k to 80mm?
     
    #125     Nov 6, 2021
  6. tomkat22

    tomkat22

    You beat me to it.:D
     
    #126     Nov 6, 2021
    themickey likes this.
  7. Overnight

    Overnight

    Stacks on stacks on stacks. You don't have to leverage stocks to get rich off of them. And the 20k number is suspect.
     
    #127     Nov 6, 2021
  8. taowave

    taowave

    Say Wut????


     
    #128     Nov 6, 2021
  9. Overnight

    Overnight

    Let's do an exercise. Of the 500 stocks in the SP, chart a line from their price from March 2020 until now. Show how many are negative and how many are positive. We have time, we'll wait.
     
    #129     Nov 6, 2021
  10. taowave

    taowave

    Brilliant idea,but Ill take a hard pass.....

    Dude goes from mall cop to trader, starts with 5k and turns it into 10's of millions(upwards of 80 mil),and you want to talk about the percent of S and P stocks positive vs negative???????

    Dont forget to account for survivorship bias in your most excellent exercise...

    Not waiting:)















     
    #130     Nov 7, 2021