MIKE

[MIKE @BullBear_4141]

@MrTinvests Its only got $7m avg $ vol??

[peoplewish @Peoplewish]

As a swing trader, I shouldn’t take unrealized gains at face value. Going into a momentum-style swing trade, I should already be committed to trailing moving averages with ~50% of my remaining position.

Assuming the 10DSMA is the standard trail, by the time price closes below it, price has usually already retraced 2–3 APTRs from local highs—anywhere from 15–30%, depending on the stock’s volatility in most instances.

That said, whatever my current unrealized gain is, I should be mentally discounting it by ~30% at all times. After reconditioning myself to view unrealized gains as a 70/30 split between me and the market, I became less emotionally attached to the big number that isn’t really mine.

If you think you can outsmart moving averages and don’t cut the market in on your profits, you’ll end up selling early and greatly underperforming over the long haul. If you do the deal and share that 30% with the market, it’ll reward you handsomely.

[MIKE @BullBear_4141]

Great way to end the weekend.

[MIKE @BullBear_4141]

Lets go Heat!! 🔥#Miami #Miamiheat

[MIKE @BullBear_4141]

@blockchainchick what if we lose electricity or internet? Anything is a possibility.

[MIKE @BullBear_4141]

Morning walk to start the weekend... #Miami

[MIKE @BullBear_4141]

Heading to the US for work, growth & new experiences.

Different markets, different conversations, fresh perspectives.

[MIKE @BullBear_4141]

@thechartist Gday Nick - my comments would be don't overdo it, stay consistent and I would think for you 100 grams of protein is not enough. I think they say 1 gram of protein per pound of ideal body weight.

[MIKE @BullBear_4141]

@Stockrocker_ASX Yeah wasnt too much resistance in the end from the 200 on MSB 😂

[MIKE @BullBear_4141]

@Stockrocker_ASX Good pattern - does it both u with the 200 hanging overhead?

[MIKE @BullBear_4141]

@AsennaWealth Thats $15 on the Gold Coast 🤦‍♂️

[MIKE @BullBear_4141]

@DemoniacoASX Had a feeling you were going to say that or you would have already mentioned it - will be one hell of a party, thats for sure

[MIKE @BullBear_4141]

@Stockrocker_ASX Fantastic results mate

[MIKE @BullBear_4141]

@ValorWealth @cameronrob1 @OwenRask Out of interest, do you mind sharing who you use now?