A long time follower asked in DM why I blurred positions names. It's not a big secret, honestly, they might just be taking attention away from the process, which matters much more. In my personal development the best learnings were not from knowing of someone's positions but rather their judgement of general conditions, how it evolved and how it impacted their exposure or trading size. There are some really good old journals here on ET. Many years ago I'd go day by day of some one trading let's say in 2008/2009 and look at the market then the stuff they posted. Lots of good lessons. Also seeing that no one is immune to mistakes. Happens to the best of us. It's what you do after that distinguishes the best from others. As for the names I trade - anything that is high momentum and had history of big runs. Recently TSLA, META, SQ, DOCU, COIN, CVNA, YINN, YANG, SOXL, SOXS to name a few. ES to get a feel of general market. Once a setup is present and aligned with a general market - entry stalking is on.
%% LOL ALM0ST ''knoWs'' what i'm doing/probabilities, anyway. Buyin' a bit of TSLA. One mom said Sunday her son [about 7 years]]got scratched buy the cat\ i mean by the CAT, playin with CAT like it was a dog she said. I almost did a scratch on CAT, i had not traded it enough to know that CAT specialist really widened the bid /aSK. WOW. AMZN up nice\ but i cant get the old IBKR [ IBD full page news ad] 4 stock ad..... AMZN +TSLA, ad out of my mind. Clearly visible IBKR warning nothing herein is a buy recomendation; but it was full page color ad with Amzn+TSLA. No need to mention the other 2 stocks. Actually a bit funny\fractional ad\ AMZN was priced @>$3,003 per share but in that ad IBKR had chopped the AMZN price to $25, TSLA $25 also, but due to much lower price of TSLA something like $999=/ IBKR had overweighted TSLA,, AMZN has good YTD\ but SwiNG on NVDA+ MSFT, worked out fine; but may not do NVDA again\down to much today. Thats about the only advantage of daytrading i see / can cut losses better; + a diversification in time+ learn levels. Congrats to mr Musk he now hasa bear ETF on TSLA
%% MOSTLY, except sell SOFI,[finance + tech] good volume+ profits ; GM/ F,RACE sector................ + SPY benchmark still strong....................................,, Nothin' here in is a buy recommendation.[Edit+ delayed i may exit some, especially if i see underperformance, or other wise reasons. Some good gainers single stocks like SOFI, may run a lot further, but not used to them like MSFT= not in either /as of now......]
This is not just few stocks went up. Wed was a very special day, FOMC language drammatically changed indicating there might not be a recession for a first time. This was likely the confirmation many investors were waiting for to get long. Market might run from here for quite some tome as it did in a past around quarterly GDP suprises and FOMC policy reactions. My swing hold period have been extended accordingly, accounting for those unusual curcuimstances.
%% Good points; CAT+ DE sector a bit weak. But even one of the weaker ones, Ford in an historic underperformer sector as F/GM/RACE, TM, HMC......... sector looking good no wonder Ford built a huge EV+ E battery plant But F stock seemed to have trouble around $12,; $12 may not matter , much in an ETF. Amazing AMZN was not down more, as of noon FRI; no wonder QQQ mostly up, same with SPY,,
Some personal stuff going on so don’t feel like posting much. After one short rally breakouts were failing most Feb so I switched to index futures for very short term moves. Thursday seemed like a buying attempt, similar to early Jan, so bought SQ and a few leveraged ETFs, then flew south. Will see how things are in a week. When market is down for so many days it’s either a break or an attempt to rally and it couldn’t break on Thu
%% MARCH has had some mean last half SPY sell offs, but good bottom sometimes, in a bull market. Exit NVDA. Good uptrend in SPY/200dma Good old IBD , IBKR ad=Portfolio Checkup. How old was that ad?? I should have put that AD in my notebook , but it had a smart phone SPY screen green price of $240.+/ Is that green SPY $240 +1; no its $240 more or less
%% Good; +good trends. Occasional daytrade\ regional banks bounced a bit in thier downtrend. Metals dealer had a CAT type track hoe with claw, good way to compact cars on concrete. MARCH can put in the market lows for the year; but not a prediction LOL