@JohnKen41073001@spacemnke 10k is quite small lol who is so broke they cant save 10k. If it really mattered they would get a 2nd job and use that job to save money to trade like the rest of us did. Smh.
Just discovered the next multi-year stock to own 🤑🫡🤯🤪☢️🥰
Insane 5-10 year hold. Generational buy opportunity.
Give me some ❤️
No worries if you don't. I'm going to still post it.
I’m giving away a lovely Japanese whiskey 🥃 if $TSLA CLOSES the week above $330.
If post gets > 500 interactions I’ll double it.
Like and repost to be considered (both required!)
cheers
Trading is simple.
1) Open charts
2) Execute your system
- If you see a setup, trade the setup
- If you don't see a setup, do nothing
3) Close charts
4) Repeat
Successful trading is 99% waiting.
S&P 500 Index Seasonality Chart >>>
September is often the month where the market’s true colors are revealed. Over the past 20 years, this month has consistently shown a negative average return, with a history of volatility and uncertainty. It’s the time when the summer lull ends, and traders start recalibrating their strategies for the rest of the year. With an average return of -0.7% and a lower-than-usual gain frequency—meaning the S&P 500 has only been up 55% of the time in September—this month challenges even the most seasoned investors. It’s a month of caution, where the market’s resilience is tested, and those who are unprepared can easily get caught in the storm.
But here’s the thing: understanding seasonality isn’t about fearing what’s to come. It’s about preparation. While September has a reputation for being a tough month, it’s also an opportunity. By knowing the historical patterns and recognizing the potential for volatility, you can position yourself to navigate through the noise. Whether it’s a time to tighten up your strategy or to be more selective in your trades, the key is awareness. Remember, the market rewards those who are prepared, not those who react impulsively.
Source: equityclock(.)com
$SPX in August closed at 5648.39 in a monthly hammer bar (bullish).
The monthly range was 532.36 pts (9.42%) and we closed within 0.38% from all-time highs. This is only 21.28 pts.
The daily chart is in balance in what is a bull flag. The pole is measured from Aug 05 lows and the flag ranges over 9 days and around 90 pts (5560-5650).
The expected move higher is ~100-110 pts. This is valid only if the bull flag plays out. If we fail, then this chart pattern is null.
Trading is easy. Some say.
The ease of trading is what gets people in trouble. I’m talking about the mechanics.
Buy <> Sell
Managing your emotions while trading is hard.
Focus on removing emotions in trading.
Focus on following and sticking to a plan.
Focus on the right position sizing.
Trading right is hard.
If it was easy everyone would be doing it.