Jake Archer

20 year old options and equities trader
Documenting my journey to becoming a full time trader

[Jake Archer @Jake_Tradez]

$GLXY
Entered shares today after also catching calls for a +32% gain.

I took the option profit because the weekly candle is already extended, but I wanted to keep exposure through shares in case this breakout continues.

My bull case is that Galaxy is no longer just a pure crypto beta trade. The market is starting to price it as a mix of digital assets, institutional crypto infrastructure, and AI/data center optionality.

Technically, GLXY just broke out of a multi-month weekly downtrend on heavy volume and reclaimed the 8/21 weekly EMAs. That is the type of price action I want to see after a long base.

The risk is obvious: this is a volatile name, and after a +20% weekly move, chasing calls is risky. If price loses the breakout zone and falls back below the weekly EMA cluster, I’ll reassess.

But as long as the breakout holds, I think the mid-$40s are in play.
Took profit on calls. Still long shares.

[Jake Archer @Jake_Tradez]

$RDDT - Entered July 17th 200 calls along with my shares today.

Why I'm bullish:
Reddit is becoming one of the few platforms benefiting from both AI and digital advertising at the same time.

• Ad revenue grew 74% YoY last quarter
• Total revenue grew 69% YoY
• Active advertisers grew 75% YoY
• The company is monetizing its massive user-generated data through AI licensing agreements
• Over 120M daily active users and growing internationally

The biggest part of the story isn't AI licensing today.
It's that Reddit owns one of the largest collections of real human conversations on the internet. In a world increasingly filled with AI-generated content, authentic human discussion becomes more valuable, not less.
Technically, the stock is holding its post-earnings move and consolidating near resistance.

Long July calls off of the weekly retest of the 8/21/50 EMA cluster, and reclaim of the 21 day EMA. Up 12% so far.

[Jake Archer @Jake_Tradez]

$BE - Took an entry on shares today

This is a name that I have wanted in for weeks now and I was finally able to get a clean entry today.

After rejecting hard at the open off of the 8/21 EMAs, BE flushed down, swept prior day low and the 50 day EMA. It then put in a 30 minute pivot back through the 50 day and weekly 8 EMA, that was my entry.

[Jake Archer @Jake_Tradez]

The power of the 30-minute pivot — $MU & $RKLB undercut & reclaim

Both names flushed hard into the open. $MU undercut the prior swing low, $RKLB knifed straight through its daily 50. Max pain, stops run, everyone bearish.

Then the tell: QQQ + SPY put in a 30-min pivot off the weekly 8EMA / daily 50EMA confluence. When the indexes defend a level like that, the flush in individual names is a spring, not a breakdown.

Entry was the reclaim — price snapping back above the lost level and curling up through the short-term EMAs. The undercut low becomes your risk. Tight stop, big green box above. That's the whole trade.

Charts:

[Jake Archer @Jake_Tradez]

@ohiain $OUST great example today

[Jake Archer @Jake_Tradez]

@TradeLogic In both of those names as well. I didn’t love the close on AKMR. UMAC is a beast

[Jake Archer @Jake_Tradez]

@Nickstro_ Super clean look on $BE

[Jake Archer @Jake_Tradez]

$DIA clear leader today within the indices...

With tech looking like it needs a breather, rotation is taking place into the Dow. Most notable is bank stocks.
Names like $JPM $BAC $C all starting to break out of massive bases.

It would be healthy for tech (especially the semi/AI trade sector) to cool off and go sideways over the next couple of weeks and let the moving averages catch up.

Rotation is an important part of every cycle, and it looks like we are starting to see it take place.

[Jake Archer @Jake_Tradez]

2 New Positions added today - $ONDS and $AMKR

ONDS July 17th 13s and AMKR July 17th 85s

Both stocked gaped down this morning and buyers stepped in immediately.
ONDS right off the 21 day ema back above VWAP. Now its trying to reclaim the 8 day ema.
AMKR gaped down below the 21 and 8 day moving averages, buyers stepped in immediately and reclaimed the 8/21 emas.
Low of day stops on both positions.

[Jake Archer @Jake_Tradez]

$RGTI - Trade recap (Fahhhh)

This morning I was up 100% on this trade.
I'm writing this having exited at breakeven. The stock ripped, I was sitting on a double, and I watched every single point of it evaporate because I didn't take profits into strength.

Here's what the chart is telling me now:
Price rejected hard off the $30 level, gave back the entire move, and closed at $24.10 — down 10% on the day, and closed below the daily 8ema. That's not a pullback. That's a round trip.

What I should have done:

Taken at least partial profits at 50-75% gain
Set a trailing stop once it doubled
Remembered that in options, an unrealized gain IS real money until you let it rot
I am an advocate for letting your winners run and holding for a higher move. To me, this trade was pretty textbook. But after seeing it reject heavily off that $30 with volume, I should have been smarter.

The lesson nobody talks about:
Taking profits is a skill. Holding through pain is a skill. But knowing which situation you're in — that's the skill that actually makes you money.
Today I confused the two.

[Jake Archer @Jake_Tradez]

"Markets are never wrong, opinions are"
- Jesse Livermore

Removing your ego from your trading is one of the most important things you can do.

At the end of the day, trading is not about being "right", it's about making money.

You can have the perfect thesis. Fundamental analysis locked in. Chart looking textbook. And the stock still goes against you. That's not the market being wrong. That's your opinion meeting reality.

So what does it actually mean to trust the market over your opinion?

-Price action is the only truth. Everything else is a story you're telling yourself

-When a stock breaks your stop, that's the market speaking. Listen.

-RS dropping, volume drying up, structure breaking — those are facts. Your bullish bias is not

-The moment you say "it shouldn't be doing this" — you've already lost

My stop is defined before I enter. If price closes below my level, I'm out. No debate. No "let me give it one more day." The market told me I was wrong and I respect that.
Protecting capital isn't weakness. It's what keeps you in the game long enough to be right when it matters.

The best traders aren't the ones with the best opinions. They're the ones who abandon them the fastest when price says otherwise.

[Jake Archer @Jake_Tradez]

$HNGE - Top watch going into tomorrow 6/4

Talked about this name just a few days. Setting up right near the highs of its IPO base. Clear RS today with the market being red. Hammer candle right off the 8 day ema. This looks ready to go.

Above $58.94 im going long to target $62, $65, and $70 on a swing. Stop loss will be daily close below the 8ema.

Risk is defined. Setup is clean. Now we wait for price to confirm.

[Jake Archer @Jake_Tradez]

Took today to rest and zoom out. Biggest losing day for me in months today.

The market will humble you faster than anything in life.

Not because you're dumb — but because emotion beats logic every time if you let it.

Seeing unrealized profits bleed hurts. But if nothing fundamentally changed, you have no reason to sell.

Days like today are for OBSERVING, not participation. Track RS within the market.

Pullbacks in a strong trend are NORMAL.

The ones who win long term aren't the smartest. they're the ones who can sit through the pain without panic selling.

Rest. Zoom out. Respect your stops. Trust your thesis. 📈

[Jake Archer @Jake_Tradez]

$RGTI
Quantum computing. The next generation of processing power — and the U.S. government just put money on it.

What They Do: Rigetti builds quantum computers and delivers quantum computing power through the cloud. While the world runs on classical silicon chips, Rigetti is building machines that solve problems classical computers physically cannot. Defense. Pharma. Finance. Logistics. The use cases are real and the race is on.
The Catalyst: The U.S. Department of Commerce just signed a letter of intent to award Rigetti up to $100 million under the CHIPS Act — and in exchange, the government is taking an equity stake in the company.

Read that again. The U.S. government is becoming a shareholder in $RGTI.
That's not a press release. That's validation at the highest level. When the federal government bets on a quantum computing company, institutions pay attention.

he Chart: Stock was in a long downtrend. Then — Gapped above the 200 day MA on the highest volume in months. 69.85M shares vs a 39.33M average. That's not retail excitement. That's real money moving.
Gap held. Pulled back. Retested.
My Entry: Waited for the retest of the daily 8 EMA. Didn't chase. Let it come to me. Held. Running shares + calls.
The Trade: Entry: Daily 8 EMA retest
First Target: $30
Stop: LOD for calls, Daily close below 200 day for my shares.

[Jake Archer @Jake_Tradez]

$HNGE — Hinge Health 📈
Digital health / AI-powered MSK (musculoskeletal) care. This is one of the hottest intersections in the market right now — healthcare + AI automation. $HNGE is leading that space.

Trying to break out of a multi-month base, clearing the $56 level on volume expansion (3.35M vs 1.25M avg). IPO base high at $62 is the next major resistance. RS Rating 89. Gap-up in Feb was the tell — volume dried up, built a base, now breaking. 📈 Watching for continuation or a retest of the breakout level.

[Jake Archer @Jake_Tradez]

$OUST - Trade recap (up 52% on shares)

Ouster builds the eyes of the machine world. Digital lidar sensors, cameras, and AI perception software — the technology that allows robots, autonomous vehicles, drones, and smart infrastructure to see and understand the physical world around them.
They just acquired StereoLabs, adding a full camera vision platform to their lidar business. One unified sensing and perception stack. Physical AI needs eyes — Ouster is building them.

The Structure: Look left. 3+ years in a full stage 1 base. Grinding. Accumulating. Going nowhere — on purpose. Then a perfect retest of that stage 1 base level. Held it. And launched. Highest Volume Ever on the weekly. That's not retail. That's institutions loading. Weekly HVEs through multi-year resistance don't happen often — when they do, you pay attention.

My Entry: Didn't chase. Waited for the retest of the weekly 8 EMA + daily 21 EMA confluence. Structure held exactly where it needed to. Patient. Defined. Clean.
The Trade: Entry: Weekly 8 / Daily 21 EMA confluence retest Target: $49.05 — $51.76 resistance zone Stop: Weekly close below the 8 EMA

[Jake Archer @Jake_Tradez]

Update on $ARM...
Now up over 47% on these shares, which puts me at a 22 R/R.
Kicking myself for not getting $ARMG!
Oh well, still holding 1/5th of my original shares.
This is exactly why you let your runners run!
Also, the GOAT himself Mark Minervini took the exact same trade with pretty much the exact same entry.

[Jake Archer @Jake_Tradez]

My trade on $ARM

This is exactly why you ONLY trade the names actually leading the markets higher and not try and bottom fish weakness.