Trader Mike

2023 MTP, MPA Subscriber Mark Minervini VCP focused trader. Trader 25 years Canslim for 17 years. Not recommending any stocks. Do your own analysis. Just ideas!

[Trader Mike @MarketBattler]

Taro Pharmaceuticals was one of the biggest winners in the bear market.

[Trader Mike @MarketBattler]

@StreakTrade @SRxTrades I don't take losses. I set a sell stops at half @3.5% and 5%. I am sold out automatically. IKBR sells it while I am driving or at work. No decision to be made. It either works or doesn't. Less painful

[Trader Mike @MarketBattler]

@rampuria_s32835 @markminervini This will help you. Comes from Kallamagie's trading (1st chapter in New Market Wizards just released). When the 10 day Mov Avg is falling below the 20 day mov avg the trend has changed. You can make $$ but it's a be frustrating run and you'll need a bit of luck. News is noise!!

[Trader Mike @MarketBattler]

@Philbert_McGee @Suzy4Selke Habs still need to get a little bigger but not sacrifice speed. Seriously out of gas. They were pretty worn out even against Buffalo. Everyone just needs to look at Habs 2021 Weber 6'4, Joel Edmundson 6'5, Josh Anderson 6'3 but lacked scoring but had Lehkonen clutch scoring

[Trader Mike @MarketBattler]

@expomick Instead of having Claude Lemieux go to Centre Ice at the Bell Centre with the torch we should have had Tage Thompson. He gave us a gift and sent us to the 3rd round😂

[Trader Mike @MarketBattler]

@expomick Mick I love your program on Sirius. It's a must listen to. Habs fan of course. Habs are worn out. Game 7 against Buffalo could have easily gone to western New York. Benson with an open cage on 2 on 1 with Tage. Tage was playing hero

[Trader Mike @MarketBattler]

@expomick @Mattsomma12 I vote for any team that can knock these soul destroying teams out. Don't need the trap again when Jamie Benn won the Art Ross with 87 points. Boring boring boring! Soon we will have no US interest in the sport. Americans are right then NFL and NBA are more enetertaining!

[Trader Mike @MarketBattler]

@Espace_CH @EricMacramalla Had to look it up no Guhle. Jake Evans and Josh Anderson add to the rest so quite a few players know the feeling.

[Trader Mike @MarketBattler]

@SamueBel @joeovies He’s looking at regular season stats. It’s the secondary scoring that’s been working. Textier, Dach and Bolduc have added the extra punch and not even mentioning the top goal scorer in the series and Cup winner Newhook

[Trader Mike @MarketBattler]

@Philbert_McGee @Suzy4Selke Bergevin tried the big heavy players without foot speed which resulted in a first round exit. In 2017 from LA Dwight King and Andreas Martinsen from Colorado were supposed to do something

[Trader Mike @MarketBattler]

@CFlanders7 This is my AEHR and HUT, added at a poor time for AEHR. Constantly de-risking. What I am trying to do is get a sense what Quallamagie is doing and test what works.
1. sell 30% after a good gain (say 14%) at 3 to 5 days
2. Sell 50% of total at 10 day
3. Sell all at 21 day.

[Trader Mike @MarketBattler]

@CFlanders7 Here are my analytics that I track. These are my own numbers. This does not include what I haven't sold. As you'll see I have been refining my process. I had some bigger than normal losses without sell stops. Last three months was buying Episodic Pivots only

[Trader Mike @MarketBattler]

@CFlanders7 One Caveat. These stocks should be near their base not on a huge extended run. It's way better if the stock was dormant for many months or years. These stocks in extended run have a higher failure rate.

[Trader Mike @MarketBattler]

@CFlanders7 I held INTEL with a 7 or 8% sell stop that didn't trigger. Here's how it could have been executed because we don't get the advantage of seeing the next cards out of the deck at the time. It all happens in real-time

[Trader Mike @MarketBattler]

I have not position sized properly but I was trying out some ideas.
1. INTC +50.5% on Intel on a 15% position
2. AEHR +60%Apr 8th at $64 6% position
3. HUT Apr 8th banked 50% 6% position
4. COCO Apr29th derisked 30% at 12% 10% position
5. DOCN May 5th @$145 should've derisked

[Trader Mike @MarketBattler]

@oley4424 @grantmccagg @breannad Rigged of course it is. If you had all the money in the world and friends in high places why the hell wouldn't you. Seems pretty naive to think it isn't