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3/12 7:10amET a) trade mgmt: update sold most premkt just now to lock profit, will re-enter l8er: b) psychology: disappointed in myself for not having traded size, but glad i'm trading succesfully at least c) t/a: I sold because gaps in my favor are so big. had they been small gaps i...

3/12 current positions in both my fidelity accts, a) trade mgmt: will sell partial shares here premkt to lock in profits if gaps fade b) psychology: pissed at myself for only holding small shares overnight

I use both often daily. My favorite strategy is hybrid intraday swing trading. Buy 2day high "out" breakout by 10am, using low of day hard stop on half position and trailing stop on other half. I learned that from one of my live Vegas seminar participants years ago, a veteran market maker

Exactly 100% agree, congrats on 10k!

Absolutely- the main content will be screencaps of P&Ls from my live fidelity account. That's the goal, to get comfortable trading size. I trade small because I can't stand big $1k+ stops, that's a lot of $ to me. So I trade small, often successfully, and teach. But I want to substantially...

Welcome to my first journal, wherein I'll discuss lessons learned as I trade inverses like SQQQ TVIX UVXY VXX & SOXS. I've made just over $7k net profit this last 3 weeks with days like those shown below. I both day & swing trade in my fidelity SEP. Recent examples: Feel free to comment...

https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html Anyone else trading SQQQ UVXY TVIX VXX etc? I'm long overnight a bit. It really bugs me I didn't have courage to bet bigger size this last few weeks. There's...

Tonight futs down 1000 just wow. https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html Glad I'm long SQQQ UVXY

It's a damn shame. I like people older than me, they're wise. Unfortunately some are stubborn and won't take this seriously Now. A top epidemiologist on tv said millions will die. I think it's important to remind/insist people esp 60+ to stay 100% housebound for the next 8 weeks. No...

Not to be morbid, but it may be worth looking into funeral home and related stocks like SCI... it's gone up alot lately, look at ytd or 1yr chart. With projected huge numbers of deaths if virus continues to spread, deathcare stocks may skyrocket ...

Absolutely right. It took me 12 years to learn that. Position mgmt, scaling and EXITS are 90% of trading success, while entries are 10% of it. And that's because most trading books I learned from focus way too much on basic chart patterns and basic s/r levels instead of the math and position...

I hope so, but it was just $12 recently... risky since big price swings. I try to day and swing trade these, keeping small size overnight to build a position size over time. But I have a profit taking risk averse mindset and take modest profits too soon. Workaround = I started a couple small...

Bought sm size inverses today for swingtrading UVXY SQQQ etc but with up and down volatility so extreme I'll be careful about scaling in, eg waiting at least 1day ATR before adding tomorrow if they gap in my favor. Exciting time to be trading! But risky. I love it.

VISUAL CHART JOURNALS A helpful tip for journals, print out charts of your wins vs stops. Or screencap. Next, put the winning trade charts in one folder and your stopout charts in a different folder. Each weekend, carefully look for differences. The contrast is how to learn which chart...

I'm actually really worried, young people are dying too from coronavirus. Best to stay housebound and order soup, rice etc

I bought small size VXX UVXY TVIX SQQQ premkt today, glad to see they're finally moving, first hour today was boring af except UGAZ CODX breakouts. Going to go trade inverses more if they run today

Agree re educators shouldn't charge thousands, I firmly believe all should give away a lot of free training to establish trust first, and for potential customers to see if it's a good match Before spending any money. Like Costco free samples or shareware software. That's why I've done free...

Because that's my most active year ever. I did thousands of real money trades during 2018-2019 in my Fidelity SEP which is the only account I've been daytrading these last recent years.

Agree. Unlike others, I don't sell the dream, I'm about harsh reality. Trading is hard as fxck and is a grind, most people lose money and never become profitable. And end up homeless living under a bridge like a troll, lol. But - an authentic real-money trading coach can potentially show...

No brag, in fact for that much trading my profits were low. Just showing proof I have extensive real-money experience traders can learn from. ==>> How many other educators can show tax return proof they've profitably traded that much??