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Nothing wrong with swing trading...BNF is a swing trader. When I watch a day trader I just want to zoom out chart...it's laughable watching their late entries and early exits. :)

Still waiting for you to post anything trading related. Heck even post a paper account trade. I don't care show us something.

How is having multiple entries and multiple profit taking levels vague? Even day traders use that and they're the lowest form of trader. That's the problem with your support and resistance voodoo those levels don't hold. I'm out of capital cuz I go all in... Risk management and stop losses is...

No they're not. Nothing I post is after the fact. I post the charts and I say where I'm getting in what my plan is and then I boast about the profits. What do you not understand about the term play-by-play? Even D poached one of my trades.

Why would we care what this person thinks? Also tell us something we don't already know.

I post lots of trades on here. I think I posted all my GME trades. I mean there wasn't much to talk about. I was selling puts for premium. I just posted a play-by-play trade where I sold a 16.50 Mara short call and then an 18.50 mara long call and profited on both after labelling a triangle long...

Who would lie about $150 lol...its almost embarrassing to admit. Oh I guess I got the time wrong...it was 2 hrs. This is USD btw so 156.07 CAD.

I don't know about that...I just traded a 4 dte contract for $150 profit in about 30 mins using EW on the 30/5 minute chart. I had 3 profit taking levels and just took all of it on the first level because I'm so broke :) Just checked so it didn't hit the 2nd level yet, but I did leave about $90...

Why is everyone so ensconced with my positions lol...ftr I wasn't accumulating I was grabbing insane premium and pnl 16k of the hype. They could go bk and I'm not losing any money as 16k plus the premium I have been collecting is more than my total position. Here is GME...as you can see Wyckoff...

That's the current iwm chart... The chart I posted you can see the Wyckoff method in real time.

Yes they usually cancel shareholder shares and reissue new shares to the lender of the restructuring financing who will payout other creditors. They call it DIP financing...I call it BS

I think we have just proven that if you are trading the same stock, it makes no sense to get stopped out at all. You don't even get the benefit of the losses because of the superficial loss rule, so if you do take your losses and re-invest somewhere else, I am pretty sure it would have be in a...

Yeah, but if you've suffered 35,000 in realized losses why would you walk away from that? You're in the same boat as if you averaged down.. it just took a lot more work getting there. In both scenarios both traders are trapped essentially...well more like loaded up than trapped if you consider...

Oh by using stops ..ok you're assuming that you got the bottom on the last trade and weren't stopped out so your entry would have been higher most likely. Fees are minimal but you don't gain any tax break because this would be considered a superficial loss... So you are realizing a loss of 35k...

How? By the time price recovered you would have already been up 42k by averaging down. With indexes there are ZERO scenario's averaging down doesn't out perform...except loading up at the bottom of course but good luck with that.

Being Friday the 13th I ended up buying a put for the earnings. :)

I said how do YOU explain. :) Also the market DOES know where you made the trade because it is all logged....how else is your brokerage going to take a counter trade? :) I already demonstrated how buying SPY at the top pre-covid and averaging down to the bottom performed much better than buy...

Way ahead of ya buddy.

That would have originally been a C... I usually start with the lowest dip at the highest degree, and start labelling WXY or ABC (doesn't really matter) and then fill in the subwaves. You are looking for symmentry. This Y is too stunted...they are extended more. Here is another version...