Sato Stocks

We identify high momentum, explosive and strong stocks in 4 markets (US, Japan, Korea & Taiwan) using proprietary indicators that we have spent years on.

[Sato Stocks @SatoStocksTips]

My Trading Mantra (from @JimmyTrustFund)

"Treat trading as a business where you only want the best merchandise for the shortest possible time in order to have the maximum profit with the least possible chance of failure"

[Sato Stocks @SatoStocksTips]

@TheProfInvestor And also lacking a sector leadership and that’s what make this alittle frothy

[Sato Stocks @SatoStocksTips]

@gbstocks defo a potential FTD but whats concerning is that there is no true sector leadership, todays strength in QQQ comes from beaten down tech stocks and the RS names are actually flat or slightly red.

What are you thoughts?

[Sato Stocks @SatoStocksTips]

@edgeofsteve the close isnt pretty

[Sato Stocks @SatoStocksTips]

Trying to be right has always been the downfall for traders.

Being right or wrong doesn't matter, it's all about the risk vs reward.

[Mark Minervini @markminervini]

When I make a trade, my thinking is never about being right or even wrong. It's about risk vs. reward. I call it Bell Curve Thinking. I ask myself, if I make this trade 1000 times, does it come out a winner. Is it likely that the trade's upside is at least 2-3X the my stop? If I get those right, the rest takes care of itself.
My most recent $SPY short is a perfect example. The stock fell 5X my stop. I had the opportunity to capture 5Rs. But that's precisely what afforded me to hold for a bigger move while improving my stop to breakeven. I made that decision based on the odds at the time. If I turn out to be wrong... nothing lost. Next.

[Sato Stocks @SatoStocksTips]

$FROG breaking out nicely but we want to see more names in the software start to move too

[Sato Stocks @SatoStocksTips]

@Venu_7_ Question is which sector is leading?

Currently this bounce is supported by the AI names which are pretty broken

[Sato Stocks @SatoStocksTips]

@i_managed_risk we all have overtrading issues haha

[Sato Stocks @SatoStocksTips]

Agreed

[100%TripleLeveredShortQQQPapi @QQQ275Soon]

This is not the type of gap up you see in a healthy market. This is the type of gap up you see in a bear market rally. I’ve been in markets for a decade and I’ve seen this in 2020 and 2022. We will always head lower after a gap up like this and usually the sell more vicious than this bounce.

[Sato Stocks @SatoStocksTips]

Some of names that we are stalking

$SOFI $U $SPOT $TEM $MRNA $XYZ

These names have shown relative strength during the downtrend and we will be ready to jump in when the opportunity comes knocking

[Sato Stocks @SatoStocksTips]

@QQQ275Soon This is probably a bounce in a downtrending market, low volume green days are not too convincing, price bouncing into the declining daily MAs, good chance we see a lower leg over the next few sessions. But lets see, since market is also full of surprises

[Sato Stocks @SatoStocksTips]

@D3GSolutions i feel for you and understand the pain, but please learn to use stop losses next time, it will save you.

[Sato Stocks @SatoStocksTips]

@RossHaber kinda disagree sine volume isnt increasing, infact, it is tapering down, for a FTD, would want to see increasing volume for confirmation

[Sato Stocks @SatoStocksTips]

@MrMicopedia 兄弟 学会看图会有帮助

[Sato Stocks @SatoStocksTips]

@ohiain this week gives hope, next week crushes it

[Sato Stocks @SatoStocksTips]

@trenttrousdale agree with your observation, higher chance to go down than up now but what do we know, the market always proves us wrong sometimes haha

[Sato Stocks @SatoStocksTips]

@humoni_moonix 要做功课要有纪律

[Sato Stocks @SatoStocksTips]

@KGInvests_ when price falls with good news, you know we are in trouble

[Sato Stocks @SatoStocksTips]

@i_managed_risk got stopped on my entry ytd and added more today too

[Sato Stocks @SatoStocksTips]

It's a sign that we should all have a good rest today.

[Jeff Sun, CFTe @jfsrev]

TradingView, literally.

Time to log off, step away from the charts, enjoy the outdoors, and do some actual fishing.