Clinical Psychology research fellow @VASanDiego @UCSDPsychiatry | Expertise in anxiety, fear conditioning, and old Simpsons quotes | Opinions are my own.
@RealSimpleAriel Apparently anyone who hasn’t outperformed him in their career is a chump with a baseless opinion. Even if their opinion is perfectly reasonable and (now) backed with data. I know you’re being overly accommodating cuz he’s a legend but wow… he lost my respect with that response.
@FranVezz $LITE had a major character change today: closed below the 50 MA for the first time in over a year. I bought near the 50 daring it to break character, and it did, so I’m out. Maybe it rips from here, but for now it’s no longer lawful. And if it’s not lawful, I can’t trade it.
@801010athlete Curious how you arrived at $300 for the trim level? I trimmed a little earlier based on 3ATR extension above the 10 — wishing I waited a bit longer (just couldn’t believe it would continue to find buyers at this level like you said lol)
@mwebster1971 boy did you call it on last Fridays SMT — 2.5 days down, capitulation bottom, followed by an upside reversal. Thanks to you, I was ready. Here’s to hoping we can hold today’s low 🥂
@801010athlete LOL dude, every day I see my $NBIS, $ARM, $BE, or $MU (all of which I bought in early April) continue going up, all I can think is “who in the world would continue buying these up here?!”
@FranVezz@NickDrendel 100%. ATR extensions describe abnormal deviations in a stocks normal behavior. However, things like earnings change what is defined as normal: the stock is no longer the same stock it was yesterday, so trying to confine it to its old rules severely limits its potential.
@FranVezz@traderwillhu Curious what a real bad down day looks like for you and your system on a percentage basis? Few days I was down 6-9%, which obliterated my gains. determined to not let that happen again so trimmed into strength this time, happier but not fully satisfied with the results
@TaPlot Man at least you’re honest on days like this, I have so much respect for you for that. Some of the other traders I follow are oddly silent today, whereas on green days they make themselves out to be geniuses. This is refreshing
@FranVezz Thanks for keeping it real as always. Hopefully the FTD comes through tomorrow and sets off a powerful new uptrend, in which case this missed opportunity will look like quibbling over pennies.
@FranVezz Exactly what I needed to hear. I let the FOMO get to me and opened a few small pilot positions yesterday and strong RS that reclaimed key MAs, it took everything in me to not add to them today. Trying to harness “sit out power” as Minervini calls it.
@FranVezz@RealHeel80@NirAoo7 Man that’s an incredible quote, that one slipped by me. And this coming from the guy that relied heavily on fundamentals in stock selection. Good reminder
@FranVezz Love it. People always look at breakouts in hindsight and ask why not just buy it at the bottom of the base? but if you bought every stock (even good ones) near the bottom of the base, you would not be doing well. You just never see all the charts of ones that don’t work out.
@FranVezz Man just want to say yours is one my favorite public trading accounts on X. You never get too high, never too low. You share your losses in addition to your wins. It’s similar to the way I try to trade so your perspective makes me feel like I’m not crazy lol. Thank you
@dsonoiki Let’s not forget that in one of those gsmes he won (his first) he accidentally caught the snitch IN HIS MOUTH. Would we call a basketball skilled if they made the winning shot by having the ball accidentally bounce off their head and into the hoop?
@amitisinvesting Burry lost me when he claimed you didn’t read his content when he clearly didn’t read a word of your critique. People just having a knee jerk reaction: “deluded Palantir bro! thinks valuation is justified!” But also refuse to grapple with the nuances of your argument.