IslandMint

Bringing The Wealth Of The Nations To Your Shores. Real World Trading & Options Education. Open Trades

[IslandMint @IslandMinTrades]

@leveltwotrading How are you doing bro? Haven't seen you around for a minute in the trading space.

[nextbigtrade @nextbigtrade]

$AMD I remember when it broke out into Stage 2 in 2016 around $2 no one wanted it then. Now everyone wants to buy these semiconductor stocks after a multi year bull market when they’re in Stage 4 now

[IslandMint @IslandMinTrades]

@Duplikium May I have an answer to this question please? I actually am waiting on an Answer to purchase a subscription.

[IslandMint @IslandMinTrades]

@Duplikium How many accounts do I need to put on the subscription page for this scenario.

1 master 1 slave.

I assume its one(1) as every master has a free slave included but please clarify so other users know what to do going forward!

Thanks.

[Emilia 🇵🇱 @Crypto_Emi]

We are the 99%.

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Let's say you work outside for a living.

You get up - you look out the window and see it's all haze with a touch of gloom.

If you can, you roll over and go back to bed.

Day's done before it even started.

stay out of choppy markets if you can.
$pltr $amd $nio $tsla $aapl $amzn

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Price is an advertising signal.

It's very nature is 2capture ur attention and cause u 2act on impulse.

Start your week in the markets off right, by making informed decisions, not impulsive ones.

$pltr $gme $amc $amzn $tsla $aapl $nio $amd $aal $ccl $fb $snap $msft $ba $t $dkng

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Trend days can b the death of u if ur stubborn.

I focus on the Russell 2000 Index because it has demonstrated relative outperformance 4several months now

Those buyers haven't just evaporated after 1 down wk

I repeat, Tactical shorts only IF AT ALL

$pltr $nio $amc $tsla $dkng

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

First look at the Futures.

The Russell 2000 showing relative strength right off the bat rallying straight 2Friday's high

Nasdaq acting well also in the upper third of its range

S&P500 off its highs and right at major intraday conviction point - 3840

$pltr $amc $aapl $tsla $fb

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Started a short in the Russel 2000. $iwm

Just dating her - not ready 2settle down just yet

As an intraday trader u have 2judge both yourself and the product you're trading.

I thrive in environments where there are clear reference points and even tempo.

Fast n wide is a no go.

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Hear everyone

- but listen to yourself -

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

We live in an age of follow fashion

Yet

- When everyone's doing the same thing -

The advantage often lies in going the OTHER way

So 🧐

1/. Protect Your Mental Space

2/. Stay In Your Own Lane

Being excellent @ ur task will get u paid

$pltr $aapl $amzn $tsla $t $cciv $msft

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

It's Friday.

If you haven't got the 💰 all week it's probably best NOT to

- force what u couldn't do in 4 days in2 the last 4 hrs of the week.

Pack it in, pack it up.

Come back at it rested n fully recovered.

$pltr $amd $amzn $tsla $nvda $aapl $amc $fb $f $spy $gme $nio $ge

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

PRO TIP

If ur trading options

- looking 4a bounce after a steep decline -

1.Sell put spreads to get long FIRST

2. Sell your naked long calls on the FIRST bounce

or buy calls AFTER the first retracement

$ba $aapl $tsla $nio $t $amc $gme $fb $mile $snap $amzn $pltr $amd $fb

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

How does the market have 5 consecutive down days

- and then b right under its All Time Highs -

2days later?

Seems insane 2u?

Please Pay Attention!

We're in a bull mkt, that corrects thru time,

n VERY BRIEFLY thru price

B aware $gme $amc $nio $ba $tsla $aapl $amd $pltr $f

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

If you're long you want the market to go up.

If you're short you want the market to go down.

BUT the market does not go from straight bullish to bearish.

Often it simply brings these opposing views into balance through time.

I explain here

$amc $gme $sndl $tlry $nio $tsla

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

As a discretionary trader one of ur biggest assets is ur awareness.

Being able 2spot nuances in both urself n the wider market.

I talked this morning about the ability 2test prior balance lows, but NOT overly aggressive on the short side.

Today's action $tsla $aapl $msft $amc

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Mark it on your calendars.

$spy 387.5

Two of the last three weekly lows

Broken swiftly to the downside this morning, flushing out some of the euphoric sentiment

only to work all day closing right back inside.

And it's only Tuesday!

$ba $aal $fb $spy $ccl $mara $lvs $snap $

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

A break of balance to the downside followed by a close IN balance.

Now we see who's been paying attention.

What does this tell us about the probabilities of the ensuing price action?

I outline the levels here.

$wmt $spy $amd $nvda $tsla $nio $sndl $tlry $pypl $hd $dis $ge $t

[Shane Spencer ✪ 🇹🇹 🇬🇧 🇺🇸 @truthntrading]

Folks I have a dirty dirty confession 2make

I do not know where price

Support
Resistance

is.

Nor does anyone else

It would b like having the winning lottery numbers sent 2u from the futur

They are only EVER fully known in HINDSIGHT.

$cciv $amc $ccl $pbr $ge $nio $ba $aal