TradeWithMPMM

I follow trends, not opinions. 📊
US Stocks • Momentum • Discipline
Sharing setups, lessons & data-driven edge!
Daily market insights (Not financial advice)

[TradeWithMPMM @MyPicksMyMoney]

Most traders chase news. I just follow price. 📈

Here’s the simple trend-following framework I use to trade US stocks — no predictions, no noise. (🧵)

[TradeWithMPMM @MyPicksMyMoney]

$SPCX
lets see if a base forms here ....

[TradeWithMPMM @MyPicksMyMoney]

$PTON
how irrational can the market be?
very .... very irrational
at its peak $PTON had a valuation of $40B+, currently at $2B+ ... maybe one day ... maybe not ...
important lesson => do not to follow the story but follow the price.
Funny enough ... it is on my watchlist now

[TradeWithMPMM @MyPicksMyMoney]

$FIG
after experiencing almost 90% drop from its ATH, we see some movement. This is Weekly chart and we see yet another HVE both on weekly as well as daily ... who is doing all this buying? Price is also tagging its YTTD #AVWAP
I will be watching it

[TradeWithMPMM @MyPicksMyMoney]

$TSLA
30% down from its recent H, below SMA200d, SMA50d is trending down and very likely to lose the 2 Y AVWAP today.
This is a big hit to 'Elon's church'!

[TradeWithMPMM @MyPicksMyMoney]

$HSY
broad market is bleeding ... at the same time some non tech stocks hold pretty well ... like $HSY
we have pullback in established trend, maybe sMA50d will hold, intraday ... rising 5dMA

[TradeWithMPMM @MyPicksMyMoney]

$RACE
finally the #F1 team is competitive on the race track. Unfortunatelly, there is no space for trading it. Maybe racing results helps the price one day.

[TradeWithMPMM @MyPicksMyMoney]

$AMD
doesn't it look like 'double top' in making?

[TradeWithMPMM @MyPicksMyMoney]

$SPOT
After dropping nearly 50% (halved in price?) and entering Stage 4, we see a pullback to the declining 50 SMA. Dead cat bounce?

[TradeWithMPMM @MyPicksMyMoney]

$AAPL
The area marked with the red frame will be interesting to watch. A few things line up there: recent high #AVWAP, declining 50-day SMA, and my own trend indicator. I don’t like taking shorts, but… who knows.

[TradeWithMPMM @MyPicksMyMoney]

$NFLX is the MAG8 stock that has suffered the biggest pullback recently. Last week, it also undercut its recent weekly low. Will it turn into an undercut and rally? No idea... It looks bad on the daily intraday chart.

[TradeWithMPMM @MyPicksMyMoney]

$TSLA
it recovered above sMA50d as well as 5DMA and is playing with its recent H #AVWAP. On my watchlist.

[TradeWithMPMM @MyPicksMyMoney]

@RichardMoglen @NickSchmidt @RossHaber @AmeetRai
I took your book above the clouds of France 😁

[TradeWithMPMM @MyPicksMyMoney]

@PeterLBrandt Absolutely disgusting

[TradeWithMPMM @MyPicksMyMoney]

@kkantebe As you say ‘bro’ … i will continue doing what works for me … if it doesn’t work for you … it means nothing to me 😎 good luck!

[TradeWithMPMM @MyPicksMyMoney]

$OKLO
Some people will call it coincidence... but I've seen this too often. When buying on the pullback, your odds are higher if the price has moved (and stayed) above the VWAP anchored to the last high.
Thank you @alphatrends for making such an impact on my style!

[Jesse Cohen @JesseCohenInv]

Jesse Livermore’s 12 Risk Management Rules

1. Never average a losing position
Averaging down is how small losses become fatal ones.

2. Always use a stop loss
A trade without a stop is a bet without limits.

3. Cut losses quickly
Losses must be taken immediately, without debate.

4. Let winners run
Big money comes from a few big winners, not many small ones.

5. Trade only when the market confirms your idea
Your opinion means nothing until price agrees.

6. Never trade on hope
Hope is not a strategy — it is a confession of being wrong.

7. Risk only a small portion of capital on any trade
Survival comes before profit.

8. Trade with the primary trend
Fighting the trend is the fastest way to ruin.

9. Sit tight when you are right
Impatience kills profits more than bad entries.

10. Stay out of the market when conditions are unclear
No position is a position.

11. Increase size only when winning
Pyramiding works only in your favor — never against you.

12. Protect capital above all else
You can’t recover if you’re wiped out.

Every rule was paid for in losses, pain, and blown accounts.

[TradeWithMPMM @MyPicksMyMoney]

@RichardMoglen Being twice (almost) your age i can only wish to have the knowledge you have already!
Happy birthday Richard and thank you for all the hard work you do!

[TradeWithMPMM @MyPicksMyMoney]

$FIG not looking great for bag holders, especially those who can't sell, with insiders trying to exit at any price. https://t.co/UbQ27brBVt

[TradeWithMPMM @MyPicksMyMoney]

@TaPlot Fight! We need you here!

[TradeWithMPMM @MyPicksMyMoney]

$QQQ
Do I see almost a textbook #VCP forming here?

[TradeWithMPMM @MyPicksMyMoney]

@kkantebe whatever you say ...