A lot of people are hating on the fact that the Next Gen Market Wizards are active on X and I think this is a big mistake. As you will see if you read the upcoming book, these guys are more transparent on how they do what they do than perhaps any other collection of Wizards. Combine that with the fact that you can follow them in real time and see what they are talking about in terms of trading opportunities and you basically have a playbook with real time alerts. I imagine prior generations would have jumped at the chance to see what the Wizards of old were saying. Today that is not only possible but it is actually happening! Despite this, people are hating. Make me understand. @Tradestl@TheOneLanceB@TheShortBear@Off_The_Tape
@anandragn How do you manage risk holding through longer timeframes? Do you Trim into strength?
( $OKLO had a 70% drawdown from Fev-Abril - from 58$ to 18$)
I bought it on the B/O around 58$ on the 14 July and already sold 70% into strength😅
Awsome patience and congrats for this Big win!
@TheOneLanceB I think some good ones that i remember in the behining of my journey: flush (price action), stalling action, gets heavy, Right side of the V, absorb, No mans land, Edge
I respect people who take big swings
Put years behind one thing
Put your name behind one thing
Put everything on the line
The arena is emptier than you think
Thrust activated.
Very strong forward returns for this signal.
A Zweig Breadth Thrust gets triggered when the 10-day moving average of advancing stocks on the NYSE rises from below 40% to above 61.5% within 10 trading days.
$SPY and $QQQ are pushing right into the 20MAs after hours, key inflection zone. We’ve seen multiple rejections here recently, so I’m not eager to chase any gap-up tomorrow. If this is the start of a real trend shift, there will be time to get involved. Still sitting in all cash. The 50SMA and 200SMA remain overhead, and I want the odds clearly in my favor before deploying capital with real size.
Want the truth?
Trading is brutally hard
It will test you in ways you never imagined
It will break you, tear you apart, make you cry
But if you endure the pain, you will emerge transformed, free in a way few ever are.
Never quit. The greatest gift is giving everything you have, no matter the cost
@pedma7 I also live in Lisbon and would love to meet you if you allow me that opportunity, I'm not a consistently profitable Trader yet but was able to grow my small 3k account to 60k in the last months
Update on Year-to-Date Performance of various crypto categories.
This is a Memecoin Cycle.
Memecoin dominance will increase in 2025.
credit to @ceterispar1bus for the original table
$DEEP is going parabolic here, i have no position but if i would i would take profits into strength and wait for 5min or even 2min prior bars lows to get out from entire position
https://t.co/Ednt4ryDTn
$SILLY Notice the big volume capitulation on the intraday 5min chart that coincides with the daily 20EMA bounce
Notice the LOD was never breached
Notice the 5min 20EMA acting as support and clean surfing action upwards
$SILLY bounced off the 20EMA on the daily picture and i executed on "the right side of the V" on the 1 hour timeframe, bought it as soon as it broke prior bar highs with a stop at LOD
Huge thanks to @Qullamaggie and @TheOneLanceB for all their wisdom and generosity
$SILLY Was risking about $100 and I'm up 1k unrealized
It might not work and that's perfectly fine, my win rate is less than 30%, you gotta get used to losing if you want to swing trade momentum
(Ignore the referral code I don't know the hell that is)
https://t.co/pBwl2OBEk2