Swing trader, over 15 years experience. Exclusive trade Ideas + set-ups shared for $10/month. Click "Subscribe" in my profile to join. NO investment advice
Most people have a 3% mortgage so they are safe right?
NOPE!
Wait until the escrow shortfalls start occurring
Your house is worth more so the bank probably underestimated your taxes
House Insurance has skyrocketed so that is underestimated as well probably.
Now the bank…
Twenty Five Things I Wish I Would Have Known When I Started Trading
1)Trade real money, even if it is only one share on a no commission platform. Having skin in the game will help you understand the emotions of winning and losing which is an invaluable lesson. Start small.
New Educational Video on how I use Finviz to screen for the next big potential growth leader. I run multiple screens with different purposes, but this is my current favorite one and has yielded some great names for me.
#myfavoritescan
Check it out 👇👇
I lost money in the correction of 2020, I waited too long to get back in because I "knew" a double bottom was eminent, I overtraded this Summer trying to make up gains, I took two weeks off of trading in October. I came back and made a years profit in 6 weeks. I learned so much.
So a guy at work and my brother in law are telling me how much money they made in $DOGE and I’m getting stopped out of my growth names by following my rules. 🤬
Tonight Master Emyr (Shark) Bussade awarded me my Purple Belt in Brazilian Jiu Jitsu.
BJJ has improved not only my physical health, but my mental health as well.
I am honored and humbled.
Many on Fintwit told me $PLTR was overvalued. I didn't listen. I'm just now becoming profitable in this position, but it did nothing wrong, and actually, so far, did everything right. Follow your plan and process, cut out the noise.
I'm just the guy next door: I'm Married, I have 2 teenage daughters, work full time, I have hobbies (BJJ), and I trade stocks. This video goes through my time management, risk management,and what I do in the mornings and evenings to keep my life in balance
Just got back from dropping my daughter off at college.
Most people are sad, but I'm happy.
She has grown up to be an incredible young lady and what more could I ask for as a father.
The days go slowly and the years go quickly.
This market is only insanely hard and frustrating if you are stubborn and are sticking to growth/tech companies instead of doing the relative strength work and finding what is working in this market (oil/gas, mining, fertilizer, etc)
I think Fintech may be the new leaders in the next bull market that just started.
Who are the leaders in Fintech?
$SQ $UPST $FUTU $TIGR
Who did I miss and why?
"They promised me wealth and freedom and all I got was frustration and loss."
Sums up the first 3-4 years of trading for me.
Persistence and Perseverance, the shedding of ego, personal growth, overcoming my mental destruction are required
If it were easy everyone would do it!
7)Three books that have helped me the most for my style: How To Make Money In Stocks by William O’Neil, Secrets for Profiting in Bull and Bear Markets by Stan Weinstein, Market Wizards by Jack Schwager.
🚨ALERT🚨
Good News Everyone, my wife just asked about our crypto account because she read an article on how much money people were losing!
The bottom may be near!
🚨ALERT🚨
$PLUG Is consolidating its gains in a really tight range. The moving averages are starting to catch up. This is one of my favorite charts. I have a position.
Hey
@elonmusk
some ideas for
@Twitter
1) get rid of the bots
2) get rid of the porn
3) make folders to save tweets
4) create better communities (Fintwit, cooking, photography, etc)
5) paid version (no ads +edit button)
6) free speech with minimal moderation.
What did I miss?
Just about all of my buys I have tried over the last two days have now officially stopped out or probably will with in the next 30 seconds.
The market sucked me in and then took some of my money.
I know I'm not supposed to say this on Fintwit, but I hate losing money
If this chart wasn't $GLD most growth investors would be salivating over it. Drop your bias. Treat it like any other asset that is trying to breakout of a ten year base.
New Educational Video
What A Good Setup Looks Like (to me)
How I read a chart, volume accumulation, and patterns I trade with examples
I'm just the guy next door trying to creating a better financial outcome and freedom for me and my family
👇👇👇👇👇
This rally reminds me of the Covid bottom where almost everyone, including me, were waiting for the double bottom that never happened. The market just grinded higher.
Lesson learned follow price, the market doesn’t care what you think should happen.
$SKLZ Was brought to my attention by
@saxena_puru
when he was talking to Jake
@Trendspider_J
at the end of December. It was called $FEAC back then. I made the trade my own and now am up 120% in the name. Thanks to both of them for sharing so much on this platform.
I've partnered with
@Deepvue
to give away a 1 year subscription!
To Enter:
1) Like and retweet this post
2) Follow me
3) Follow
@Deepvue
Deepvue is THE BEST scanning and charting software out there.
I will pick a winner on Sunday, good luck!
My youngest is a Freshman in High School and asked to join the Wrestling Team. She showed amazing mental and physical strength all year. She made it to Regionals which is awesome. Just a proud Dad post, my little girl is a BEAST!
$PLTR Still flagging and volume is starting to dry up. Price is just below the avwap pinch I've been watching. I think tomorrow could be an important day for this one
$QQQ Nasdaq with a rough day, but it is just still building a base. Potential inverse H&S or Double bottom. The 300ish level has been and still is the important area. For the RSI fans this also gives a chance for a momentum divergence.
This is a chart I've been watching for years.
I have no idea if this is going to play out this year or this decade.
but if it does, it would be the scariest chart out there.
Inflation is out of control in food, gas, housing, and all other necessities in life. So where do people start to cut back? Netflix, Disney plus, hbo max, Spotify, amazon prime, apple tV/music/news, stitch fix, blue apron, etc.
what other services will people cut?
I understand that Crypto could go to zero. It is a very small portion of my total investments. If it goes to zero it doesn’t change my life in any way, if it goes 100x or more then it will have a significant impact, I like those odds.
$AMZN Amazon with earnings tomorrow, it will likely have a resolution to this consolidation and that likely will push this market in the direction it moves.
I think the bond market is misreading the
@federalreserve
. This is likely due to Powell’s communication style and some wishful thinking on the part of investors. Inflation is out of control and inflationary expectations have become unanchored.
I went to my friend’s funeral today. It was tragic.
If you are in trouble, reach out to family or friends.
Whatever you are going through is temporary.
If you know someone going through a hard time, check in on them just to say hi and see how they are.
Spend some time with…
I have been asked about how I manage working full time, family time, extra curriculars, and trading. I made an educational video that takes you through my process and goes over what I do each day of the week.
It will be out after the market closes today
Dollar cost averaging into the largest liquid (non-tethered, non-meme) Cryptocurrencies is how I choose to participate in this market. Start small and be consistent. Here are the names I choose by size:
$SOL $MATIC $DOT $BTC $ATOM $ETH $MANA $ALGO $UNI $ADA $LINK $AVAX $XTZ
$QQQ Nasdaq with a rough day, but so far this is just a retest of the breakout. I think 297 is the line in the sand. A close below and this could be a false breakout. Above 297 and just a healthy retest. Good luck!
This scan looks for Short Squeeze candidates. It's edge takes into account psychological, technical, and fundamental factors. I go over the Finviz parameters and what I am looking for to identify the best candidates. I call this scan
#jetfuelscan
👇👇👇👇
The Bull Market is strong, but many stocks are extended, sentiment seems to be bullish. This video is my watchlist. There are 15 total stocks on this list. I also included 3 stocks with potential short squeeze. $QQQ $PLTR $DOCU $PINS
Check it out 👇👇
There were 480 IPO's in 2020.
Not a bad draft class. Here are some of the standouts:
$UPST $DASH $FUBO $ASAN $U $SNOW $LSPD $FOUR $ZI $PLTR $ABNB
Some of these may be Hall Of Famers
The Bull Market is strong, the end of 2020 saw many growth names pull in or consolidate which gives a better reward to risk entry. I quickly look at 34 names in 17 minutes. This video is my watchlist. Good Luck!
Check It Out 👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Some of the biggest companies are on/near potential support. Earnings in about 2 weeks for most of them. These 4 names make up almost 28% of $QQQ
$MSFT $AMZN $GOOG $FB
Some folks on fintwit told me $PTON was a disaster and would crash and burn. I didn't listen. Follow your proven process and cut out the noise and distractions.
Current Holdings:
1/3 Let It Ride
$PSNL
$ROKU
$APPS
$BLDP
$CRWD
$PTON
$SKLZ
$CHWY
$PENN
$SNAP
$MP
$EXAS
$NET
$UPWK
2/3 Position
$LMND
$ALGM
FULL Position
$PINS
$CHX
The market is strong but there will be shakeouts along the way. Know your time frame and risk tolerance!
I've decided to explore using trading as income replacement. To do this my time frame will have to shorten and I'll have to take profits quicker. This is a work in progress but I am studying a few that do this very successfully
@Canny4
@duckman1717
@TraderAmogh
@traderstewie
Is this the point in the market cycle where everyone is talking on how bad things are going to get with a recession, inflation, housing, and unemployment….. and the market starts to base and the leaders begin to break out?
Keep an open mind.
Who decides what misinformation is?
Just because you may agree or disagree with the current narrative doesn't mean you will with the next one.
This is a very dangerous precedent to free speech.
The Bull Market is strong, This video is my watchlist. There are 30 names on this current list done in under 15 minutes. $SPX $QQQ $AAPL $AMD $SAIL $SNAP $SDGR $STNE $CELH $PINS $PTON
Check it out 👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Inside The Trader's Head ft Oliver Kell
@1charts6
The 2020 U.S. Investing Champion
We talk about his Journey, the Cycle of Price Action, his book Victory In Stock Trading, and ideas from his book as well as social media and so much more.
Check It Out 👇
$QQQ Maybe that was the bottom in the Nasdaq, but there is a ton of overhead supply with price below a down trending 50dma and a flat 200sma. I'm going to watch a few more days before I jump back in, If it was the bottom there will be plenty of meat in this move for me to join in
8)Use the free resources on the web including Trading View
@tradingview
for charts, Finviz for a screener, and Twitter for an education (more on this later).
9)Keep your charts simple: Price, Volume, and Moving Averages.
Inside The Trader's Head Featuring Ben
@PatternProfits
This was a great conversation ranging from how he approaches the market, mental toughness, how he thinks about risk, trading style, post analysis, some fav setups, and so much more.
Check it out👇
Most of the really good swing traders I follow post a lot of great looking setups in a good market and post thoughts and ideas on the general market during downturns. They don’t force trades because they understand the market is only really good 3-4 times a year max.
The market is really good and has been for the last few months. That can cause entries to be a little looser and rules to be relaxed. Be on guard for this, it’s an easy trap to fall in to.
Buying extended and improper bases will lead to losses. This past week It happened to me.
I am partnering with
@tradingview
to give away and Annual Subscription on Black Friday!
Entering is easy:
1) Follow me
2) Retweet this
3) Comment below with your favorite trading Indicator
Get a bonus entry if you subscribe to me