I have been trading for 7 years, but seriously for about 5 years. I had style drift for the first few years and had no edge or system. There are 3 books every trader/investor should read: The Secrets to Profiting in Bull and Bear Markets (Stage Analysis), How to Make Money in Stocks (CANSLIM), and Trading in the Zone (Psychology) Every investor needs to experience: A bear market, a raging bull market, sector rotation, FED easing and tightening, election cycle, a black swan event, a halt. I’ve had > 100% P/L in one year followed by a year where I was -40% (poor discipline) The trend is your friend: the golden rule of investing that I take very seriously. Don’t clutter your charts with indicators: you may not know it, but stacking indicators is your brain’s way of trying to ensure a bulletproof (buy) signal to shield you from the pain you previously experienced following a big loss. (Trading psychology 101) Price and volume trump fundamentals, news, and/or stories about growth at some point in the future. I’ll add more later!

If it wasn’t $TSLA, would it be a buy for you? Don’t let a promising story or your belief in the CEO distort price action principles. Sure, it’s a buy…but is it a buy when it’s relatively weak and trending under all moving averages? Nope!

This is for people who say “It’ll always go up in the long run, never sell” Vowing to “never sell” is ignorant when it comes to individual stocks. $CSCO systems was briefly the most valuable company in the world (top S&P holding) Price peaked in January 2000 and has never reclaimed all time high to this day. Don’t be ignorant, plan your trade, trade your plan.

@ConnorJBates_ Episodic pivot?

@HolySmokas $QQQ

I do it like this: ✅I’m 42 YO and have income > 250k ✅My credit score is > 800 ✅I keep enough in checking to cover all auto-debits, including mortgage and credit card payments. I put everything on my credit card and pay the balance in full every month so I keep about 20k in checking ✅I don’t spend money that I don’t have ✅I always look for a deal and will clip electronic coupons for Tide, Hellmans Mayo, etc - it takes a few minutes only ✅I paid off all student loan debt before ever buying anything I WANTED > $250 ✅When buying a home, my budget was to spend only as much as one of us (Wife and I) could afford (in case of layoff) so that we’d never be in a pinch ✅Keep credit utilization low ✅I contribute at least 10% to 401k ✅I keep some 💰 in high yield savings (risk-free return) ✅Check your ego (no one cares what car you drive) ✅I “splurge” by buying organic produce and organic meat so that my kids reap the benefits of my conservatism in finances ✅I splurge by staying at nice hotels and taking memorable vacations (creating rich experiences for my family and I) 📈I rolled over former employer 401K accounts all into the same IRA and that’s my largest trading/investing account 📈I don’t allocate more than 10%-15% of total equity into any individual stock 📈I don’t hold losers I wouldn’t do it any other way!!

$QQQ printing an inside day within a 2 month range. If things continue to tighten up above the moving averages, we are golden! We are looking very bullish technically and the market seems to be absorbing tariff talk. Anything can happen, it’s not a bad idea to be long with some sort of a hedge whether $QID or $SH

@johnnyb23740561 @kinginvestings @SchwabTrading I don’t think so, but I don’t trade crypto directly. I will use $MARA, $MSTR, and $IBIT as a proxy.

Would love to see $UBER test and hold the $74-$75 range, ideally printing inside bars for a few days, which would provide a favorable risk:reward and enough conviction (for me) in the name.

@LeifSoreide @RichardMoglen @TraderLion_ Ah ok got it, that’s true and very helpful, I’ll keep that in mind. Definitely a lot of overhead supply in $BABA. Thank you!

@CNBCFastMoney picked up $BABA after the breakout on 2/7. I was a few days sooner, on 2/4. You can spot a high probability setup, like a bull flag, before the sheep follow their shepherds into these trades. You just have to know what to look for.

@alphacharts365 $BABA following through very nicely!

@kiantrades I’m having trouble sizing up after taking a 50k account to 200k over the last few years. 1. How did you effectively scale as your account grew?

@SJosephBurns FED

@DividendDude_X For me, it’s always been $QYLD at 12%. With a beta of .69, it’s also low volatility.

@kinginvestings Costco’s underground bunker? What do I need to know!!

@RichardMoglen @swishseb @TraderLion_ Of course Richard, it’s the least I can do for your contribution to the investing and trading community!

@AndeepUnd No, I am fully allocated so I’m sitting on the positions I own