@ashtradin Please don't, it's not worth the risk. My friend believes he has suffered permanent mental and sexual damage. Look into this. It's been devastating life altering for him.
The Parabolic Short.
I’ve dedicated weeks to crafting this detailed write-up as I couldn’t find many thorough resources explaining how to actually identify and trade the setup.
For educational purposes, this post is completely free and accessible to all. It draws on my studies throughout the years and concepts I've learned from market wizards such as @Qullamaggie@TheOneLanceB@TheShortBear & @stamatoudism
I hope that everyone finds it valuable! More free newsletter content coming soon.
https://t.co/K6mGeXqY0Y
@DieHardMMAPod Still with you Clint. Try to consider adapting your fight picking prowess to directly better translate to bets, as was discussed on your show this week (your 2024 straight pick track record). I think it's time to ditch the longshot parleys that burn 1-2 units a week also
Last 18 months + has been a trend followers dream. $NVDA $ANF $VRT $VST $GEV $ANET $META $NFLX $DECK $CLS $COST $SPOT $PLTR $ELF $SMCI $MSTR $BTC $JPM $CRWD $GLD and many more. Last two months have been a day trader’s paradise where stocks reject at supply and find support at demand. But more recently, there has been more weakness under the surface because the mega caps are in a slow bleed out with the exception of $META. Rotation feels obvious into software but the market seems to have trust issues when the largest companies in the world are struggling. I also look at the % gain of the above mentioned names, and think to myself, it’s been a heck of a two years! Nothing would surprise me at this juncture. Market either disregards the weakness in multiple prior leaders that went up 200-1000% or they become the thing that takes this market lower. It’s too hard to predict with any degree of confidence, but what is obvious is my own performance this year. Outside of a few nice winners $HIMS $BABA $CRWD it’s been mostly choppy for me as well. The action has caused me to take my foot off the accelerator. The only way I get myself fully invested again is the market forcing me back in. A higher quality watchlist with proper setups and seeing better follow through. I won’t be the first back in the pool in this environment. And I’m definitely not someone who accumulates names below the 50/200sma with hopes and prayers they turn back up. I think the best course of action is do very little and size down. Count our blessings that the past two years were incredible and wait for a better environment to become obvious. I’m focused on relative strength as I know you are too but follow through hasn’t been great and I won’t force the issue. Cheers Jay HAGW 🍻
@KristoffDeTurck Hello sir it would be great if I could customize the "% from" 52wk high, so I could capture that have higher volatility, might not be within 5%, but are still within a few ATR of 52wk highs. Actually ATR multiple from 52wk high is big brained