NC Fruto

Trader | Sharing Charts & Insights📈

[NC Fruto @Frumba_]

"Cut your losses short and let your winners run"

The only 4 rules you need in stock market:
1. Big gain
2. Small gain
3. Breakeven
4. Small loss

[Marios Stamatoudis @stamatoudism]

Regarding the recent action:

You can't make big returns without giving some back.

If you have a system that is based on big/home run trades and selling most of your shares on weakness in stocks, you must accept 5 facts:

1. You can't have outliers by intervening too much into strength.

2. We can never predict the power of a stock beforehand, so there is no reason to judge.

3.Not all drawdowns are created equally. There are drawdowns from peak capital and drawdowns on the money we actually own. There is a difference between the two. We can't avoid the first, but we can do a lot to have protective measures for the second.

4. We are the ones who create our portfolios. If we have a lot of volatile names in our portfolio, we must anticipate and accept the volatility that comes with them, both on the positive and negative side. We need to understand what's normal to give back.

5. No matter how many Market Awareness flags are evident, you can't shift your stance 180 degrees from one day to the next. We take progressive actions into defense as more and more signs appear.

Giving back some profits is not a bug.... It's a natural thing that should happen in a system like this.... It's a healthy sign that you were positioned correctly in a good run, in good stocks, and followed your principles..... You should be proud instead of being salty....

The damage is not caused by giving some profits back

The damage occurs when you are surprised by this fact every time, when it is actually a normality and violate rules after the fact.

The damage occurs when you don't understand how much is normal to give back based on the volatility of your own portfolio in each regime.... 8%, 10%, 15%+???

The damage occurs when you aim only for offense without having defense mechanisms pre planned. Mental and technical.

To be honest, instead of being salty, I treat these corrections as healthy.... More time for research, for refining skills, for time with family....and for new leadership to emerge... Especially when you have made a good buck over the past 2 months....Recharge your batteries , your clarity and be ready again when things turn!

[Shake Pryzby @ShakePryzby1]

Most trader's fail because they don't understand the importance of dynamically approaching their activity levels. You do not want to come into the market risking the same amount everyday, you want to let the opportunity set guide your risk-taking.

When markets are viciously trending its wise to be as risk-on as possible as you will have the greatest gains in your equity curve during those periods.

HOWEVER, where most traders fail, is unlearning the button clicking when environments change. To me, Friday's selling shows a clear change in character from that hyper-momentum to a period of consolidation.

If you have been putting on new trades daily during the span of this run, you've probably done very well for yourself. But if you continue that behavior and the market proves to be choppy the next month or two, that can wipe away all those hard fought gains from the 'easy' period. The mental pitfall from this will be much greater than what happens to your equity curve.

I am not bearish nor do I know what happens next, or when new highs are created. I do know that after Friday's selling hits the tape, traders remember what it's like to lose money. The buy-the-dip mentality proves much more difficult in the subsequent days of that drastic selling when it first hits the tape.

[NC Fruto @Frumba_]

$IONQ

[NC Fruto @Frumba_]

$BBAI almost time!

[J Law @JLawStock]

Honored to win the 2024 U.S. Investing Championship ($1M+ accounts) with a return of 353.9%, setting a new all-time record in this division. 🙏🏻🎉
Below are some reflections after winning this competition. I hope they can inspire and provide value for your future investing and trading journey.👇🏼⛽️

[Ross Haber @RossHaber]

The big winners test your nerves before they reward you. Early on, I’d sell the first dip or shakeout. I learned the hard way that leaders pull back to shake weak hands. The question isn’t if you can spot a leader—it’s if you can sit through it.

[NC Fruto @Frumba_]

Focusing on mastering the process. Great start for August

#trading #StockMarket

[unusual_whales @unusual_whales]

Well look at this.

The $SNOW CEO resigned today.

The stock has plummeted 20% in after hours trading.

But before his resignation, all of 2023 and 2022, he was selling millions of $SNOW stock.

He sold over $200 million of $SNOW in 2023 alone, with pre-planned sales.

[Morning Brew ☕️ @MorningBrew]

People with 1 share of Nvidia celebrating earnings

[MATT GRAY @matt_gray_]

The greatest bottleneck to your success is your focus.

Choose 1 thing and go all in.

[Trading Composure @TradingComposur]

Make trading a lifelong game instead of a get-rich-quick scheme.

It’s all about the long haul.

Consistency = slow and steady progress = success

[Ameet Rai @AmeetRai]

Trading is a game of probabilities, so if you're not willing to be wrong, you're not willing to be right.

[NC Fruto @Frumba_]

Best Christmas gift received so far. Happy Holidays, everyone! 🎄

[NC Fruto @Frumba_]

@RyanPierpont 🙏🏽🙏🏽🙏🏽

[Mark Minervini @markminervini]

RIP🙏 Charlie Munger. A great investor, and a great man that always spoke his mind honestly. Respect & admiration for your wisdom and your legacy. 🦉

[JAM🏆 @ijammendoza]

#HuwagMagingBiktima #OctaFx #OctaTrading

[NC Fruto @Frumba_]

@TheSwingReport Send

[Corey Atad @CoreyAtad]

a movie begging for the Linkin Park treatment

[DAN KOE @thedankoe]

Self-discipline is when the desire to become the highest version of yourself outweighs the desire for cheap pleasures.

A thread on reaching your potential:

[NC Fruto @Frumba_]

@TheOneLanceB @tferriss This is where I think I will excel! Would love to take up some of your workload and maybe help you to focus more on what's matter the most to you. I'm passionate about stock market, very sharp and organize. This will be the ideal environment for me.👌🏼