Been a while since I posted this one.
$SPX 30K foot view.
I don't lose sleep over stonk investments. Ever. Sometimes on oversized trading positions but investments never.
@ozzieboi1 Man so true. The fact that it works on so much of the population is a tough pill to swallow.
Look how quickly they were able to distract us from the Epstein files.
If that the same happened in the 90s, there’s no way we would’ve moved on already
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Something very big is unfolding.
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Some people really do buy the bottom and sell the top, just don't make it a high expectation.
It's not a requirement for success unless you're a 0dte trader.
Which is why they all eventually blow up.
@launchatlas There’s plenty of resources that are just as good if not better for free but it’s not a bad place to start.
I don’t use it the same way as her but I’ve noticed we often arrive at similar timing cycles
this could be us but you think order flow is disconnected from technical analysis.
(full transparency, the estimated contract prices shown were more expensive than what was projected, however, there was no drawdown from entry)
$SMH bottom to local top 💸
$AVGO is fine. the sector was to be contained.
it is why analysis should be done from top down in regards to sector, timeframe, etc. for optimal trading results
click to enlarge $SMH chart.
making money in a market that's ripping is the easy part.
calling the ripper from the bottom & keeping the profits is what separates skill from luck! (I still think I get lucky a lot though 🤣)
@ihatelosingg trapped? bro you have to have an exit or invalidation plan prior to taking a trade and/or define what your max loss is.
i haven't been covering $AVGO much this year so not the best to ask but if it opens above 437 in the cash session tomorrow and holds it then it's fine