Mirna

Mom of 2 boys & Trader of @smallcaproom

[Mirna @MB_Mom2boys]

September bday cakes for seniors at Torrance Meals on Wheels 🥰

[Mirna @MB_Mom2boys]

July’s bday cakes for seniors in Torrance Meals on Wheels 🎉🎉🎉

[JTrader @jtraderco]

The 3 Phases of Trading

Phase 1: Stock Selection

Select 1 to 3 stocks to trade based on your strategy
Prepare market analysis and
•Determine entries
•Determine stop loss
•Determine target
•Determine $ risk per day

Phase 2: Management intraday

During the trade
•Time your entries
•Focus on order flow/ price action
•Rely on the bigger picture
•Stick to your plan

Ask the 4 questions when in a trade
1. Do I still have green lights to hold
2. Did the market scenario changed
3. Where Do I have to exit/trail
4. Am I still in control of my position

Phase 3: The Review

After the trading is over review your trading day and do these 4 steps

1. Select the good and bad trades
2. Keep a trading journal
3. Review your thought process
4. Keep a trading report card where you grade your performance
5. Keep a tracking sheet of the setups happened in the market
6. Meditate

[JTrader @jtraderco]

📚📈 I've learned few things in trading about:

💼 Day trading futures
💼 Day trading small caps
💼 Day trading big caps
💼 Day trading options

⏩ Here are 5 key takeaways I'll remember⏪

#Thread 👇👇👇

[Mirna @MB_Mom2boys]

#NewProfilePic

[Mirna @MB_Mom2boys]

@jtraderco @jtraderco is the best mentor, teach the best strategies, and he is genuinely want his students to be successful 🥰

[JTrader @jtraderco]

Mirna is one of the most hardworking and humble traders that I had in my Mentorship. She is an amazing mother of 2 kids and a trader.
She had a tough year, a mourning to overcome, a family to assist.
She is the example of what resiliency means and that if you want something nothing can stop you.

From starting from the bases to becoming consistently profitable, having her first 5 figure month.

This is going to be her year and if you are looking to change your life, then I will find a spot for you in my Mentorship program

@MB_Mom2boys

Info mentorship only seriously interested
[email protected]

[JTrader @jtraderco]

Study the Patterns 👨‍🏫

[JTrader @jtraderco]

All traders have the goal to become successful but only few have realized how to become.

14 Points that have changed my trading career

1. Choose One Strategy and One Market: Focus on a specific strategy and market (stocks, futures, options, crypto, etc.).

2. Embrace the Learning Curve: Understand that you won't learn everything immediately. Gain experience by exploring the pros and cons of each setup.

3. Backtest and Track Early: The earlier you start backtesting and tracking your strategy, the better your results will be.

4. Study Key Elements: Focus on understanding price action, tape reading, and risk management.

5. Control Your Emotions: Work on becoming a disciplined trader and manage your inner conflicts.

6. Avoid Adding to Losing Positions: Never add to a losing position.

7. Don't Short Frontside: Avoid shorting during the frontside of a move.

8. Know When to Quit: If you lose focus, stop trading for the day.

9. Dedication and Passion: Trading requires dedication, passion, and it can be a love-hate relationship.

10. Ignore P&L Until the End: Don't look at your profit and loss until you've finished trading and closed your computer.

11. Specialize: Become specialized in one aspect of trading.

12. Stay Humble: Don't pretend to know everything; the market always knows more.

13. Seek Mentorship: Work one-on-one with mentor just like each athlete has a coach

14. Plan and Set Goals: Prepare a detailed trading plan and set clear, achievable goals.

[JTrader @jtraderco]

What are liquidity traps ?

Traders listen, I am trying to give some tips here that will save your account.

1. Majority of retail traders will buy stocks following news and not technicals like $BDRX today on high float rotation. Traders will follow pumps, your guru alerting it and because there is not immediate shelf you think it will push.

Instead… #thread

[JTrader @jtraderco]

📢🔍 The different types of pump and dumps in depth. If you have studied the previous tweet, read this.

4 main types of #smallcaps structure
- the multiday pump and dump
- the 1 day pump and dump parabolic
- the 1 day manipulation (tracked 4 types of these)
- the premarket dump

[JTrader @jtraderco]

To help you Traders

Some of the setups that we teach at https://t.co/ooLvigU0Un in our trading room.

[JTrader @jtraderco]

3.Mid morning Dip
• Buying dips into pullback Jlines or ema 9 or vwap in uptrend
• Wait for pullback into level of confluence from fib, key level, liquidity.
• Profit target at 2-4-8R in %. •Stop relative low

[JTrader @jtraderco]

2. Intraday Spike extensions
• Looking at scanners for intraday extensions above 30%
• Finding a level of high liquidity over time
• Shorting trigger with stall of tape or fakeout
• Stop at relative high
• Profit target eod or Jlines

[JTrader @jtraderco]

3 Simple Strategies I've backtested over the last 7 years

1. Gap & Crap Strategy
• Inspired from @team3dstocks to find with forecast stocks that tend to fail all day
• Looking for stocks that have a gap > 30%, high dilution and desperate need of cash with overhead supply
• Shorting into a bull trap, vwap or Golden Zone level.

[Mirna @MB_Mom2boys]

April cakes for 5 Bday Seniors at Meals on Wheels 🥰

[JTrader @jtraderco]

GOALS of a trader:

1) keep win rate 50% +
2) increase size on winning setups
3) forecast your trades
4) reduce losses to a minimum
5) use a daily $ risk(ask broker)
6) wire out often (avoid blow up)
7) END WEEK GREEN
8) do enough to support family
9) don't stress on wrong trades

[JTrader @jtraderco]

It’s better to be miss a trade then to have a loss.
It's better to be late then early.
If you are early, you will end up in 2 ways:
1) adding adding adding which leads to a big stop loss or margin call
2) getting stopped multiple times and then losing confidence to have the big size on A+ setup
So, always wait for a top into key level and then wait for lower high with volume exhaustion for the bulls,
only then I attack.
#tradingtips

[JTrader @jtraderco]

Trading is one of the toughest jobs around, why?

No risk, no gain.
No edge, no profits.
No capital, no trading.
No perseverance, no results.
No discipline, no good execution.
No commitment, no improvements.
No confidence, no conquer of opportunities.

[JTrader @jtraderco]

The worst decisions in trading 😐🤕

✅ Echo Trading: Mirroring the actions of others without independent analysis or conviction.
✅ Counter-Trend Trading: Attempting to trade against the prevailing market direction, often leading to losses.
✅ Doubling Down on Losers: Increasing investment in losing positions in the hope they will turn around, compounding losses.
✅ Holding a Bias: Allowing preconceived notions or emotional attachments to influence trading decisions, rather than relying on objective data.
✅ Chasing the Big Score: Focusing on making a single substantial win rather than consistent, smaller gains, which increases risk.
✅ Fear of Stopping Out: Worrying excessively about being exited from a position, which can lead to holding onto losing trades too long.
✅ Direction Prediction: Trying to forecast the market’s next move with high certainty, which is inherently unpredictable and often results in misguided trades.