Ryder

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[Shake Pryzby @ShakePryzby1]

This 1 minute Dan Zanger clip changed my life when I fully HEARD its power.

"Biggest lesson was to not be in the market all the time and to trade far less than I do."

"Market may have two big moves during the year. They may last 6, 8, 10, 12 weeks... other than that they just exhaust themselves."

"Just trade out then go golf, swimming, go to cash, just have fun and enjoy and wait for everything to set up and do it again."

You ever see White Men Can't Jump?

When Woody Harrelson puts on Jimi Hendrix and Wesley Snipes says, "No no no. There's a difference between HEARING and LISTENING. White people can't HEAR Jimi, yall just LISTEN."

I have found that most traders LISTEN to Zanger but they don't HEAR him.

There is nothing more difficult than changing your day to day market behavior on a dime after months of activity giving you overtly positive feedback.

With today's follow through selling, it's clear the environment has drastically changed in a week's time.

I constantly work on my mental state and the goal is to never have PnL effect your life outside trading. Unfortunately, I am a simple Neanderthal and I am happy when I win and angry when I lose. So I tirelessly work on myself to understand when I win and how to avoid losing.

So I push push push risk when I'm hot and have unbelievable market feedback and traction. Then I completely stop when that changes.

I can only do this, because I have NOT done it so many times in my career and the emotional pitfalls of giving so much PnL back FORCED me to change the behavior.

[Ryder @MRJRyder]

@jfsrev Weekly coming up against the 200ma and DTL area. 658 days under the DTL.

Daily - found resistance at the DTL, came back and found support at the 200day and potentially could break out of the DTL, waiting for the mas to catch up.

[Jeff Sun, CFTe @jfsrev]

The rat race is never my thing, and it shouldn't be yours if you are committed to this endeavour with me.

[PBA @801010athlete]

“Desire is a contract that you make with yourself to be unhappy until you get what you want.

And I keep that in front of mind…
So when I’m unhappy about something, I look for what is the underlying desire that I have that’s not being fulfilled.

It’s okay to have desires… you’re a biological creature… you have to do something, you have a mission.
But don’t have too many. Don’t pick them up unconsciously… don’t have thousands of them.

Pick your one overwhelming desire… it’s okay to suffer over that one.
But on all the other desires, let them go so you can be calm, peaceful, and relaxed.” ~ @naval

[Ameet Rai @AmeetRai]

David Ryan Buy & Sell Rules

1. Buy stocks making new highs
2. Avoid stocks priced under $10
3. Select stocks with prior strong price moves (e.g., doubled or tripled)
4. Prioritize stocks with strong fundamentals and technicals
5. Buy breakouts confirmed by high volume
6. Cut losses at 7% or less
7. Reduce position by 50% if a stock reenters its base after a breakout
8. Hold top-performing stocks for 6–12 months
9. Hold average-performing stocks for around three months
10.Sell losing stocks within two weeks
11. Keep a trader’s journal to analyze mistakes

[Ryder @MRJRyder]

QQQ and NVDA back above all mas...

[Ryder @MRJRyder]

QQQ NVDA back above the 200 day post market... lets see if we can stay above...

[Ryder @MRJRyder]

QQQ and NVDA both under the 200day...

[Jeff Sun, CFTe @jfsrev]

There appears to be an abundance of this 2-3 week price structure in the market.

PS: Notice the 10 & 20-MA of the stock chart of different industry groups

[Ryder @MRJRyder]

$QQQ near ATHs... $541 and onward? Next pivots on weekly is $568 and $625

[Ryder @MRJRyder]

Weekly still above the 5 and 8ma tho... 20ma below at 583

[Ryder @MRJRyder]

*50ma weekly

[Ryder @MRJRyder]

$BTC at the 50day weekly. Weekly Pivot at 80k.

[Steve Burns @SJosephBurns]

😂😂😂

[Mike Webster @mwebster1971]

I learned that the hard way in 1998. It messes with your trading psychology IMO. It messed with mine big time. Made what is a game of 3-D chess into 4-D

Isolate your trading performance from the rest of your life. There will be highs & lows…don’t bring others along for the ride. It won’t help your trading decisions…but it will hurt them.

Words of advice…don’t discuss your trading at all…not the highs, nor the lows…nor the normal stuff

GOAL someone shouldn’t be able to tell if you are having the best day, week, month, etc…or the worst. Trading is hard enough without adding others

Just food for thought…

[Ryder @MRJRyder]

@AJ24567 Wait what why?