@ProssT4 Been working on this same set up w/ similar parameters for entry. Really wanted META but told myself I need to see it into $600 / 50D before starting short. Probably too picky in hindsight - 3 day bounce + over daily ADR + clean 15m reversal candle in the afternoon. Nice trades!
I try to only follow good / veteran traders on here. But times like these distort my reality bc everyone seems to be in cash / not trading much. Yet I know that's not the case. Anyone got some good panicked-ass trader accounts I can follow to get some fear shot into my veins?
Human psychology in markets never ceases to amaze. QQQ went 35% in 44 trading days. Generational rip. Now 8-9% off those highs and people are blowing accounts, quitting trading, & calling for the end 👻
"That's the real limit on learning, and it doesn't care how smart you are. Coming up with ideas was never the hard part. The hard part is how fast reality answers them."
@Oliver_Asmus@mmonis@ProssT4@PradeepBonde@RyanPierpont Depending on how you use them, and which ones you use, it can cause hesitancy in buying dips. For instance buying pullbacks against 50 or 20, you will always have the 5 and 10 overhead which can be great spots to short into. If you know that and see that, can cause doubt
@ShakePryzby1 What's the best way you've found to get to that state? Feel like you got it on that last round of sells into strength. What else? Reduce activity? Tough at times bc there are some markets that are hard to step away from!
@CFlanders7 Sounds awesome! How old was he when you started him out? Have an almost 4-year old daughter and want to introduce her before too long. But not early enough for her to be intimidated by it.