The fact that I am not performing in the best market ever tells me something. Wont be trading daily for a couple of months. Will be evaluating myself and probably come back to trading more in august or something. I have given myself a lot of chances but it is time to put a stop.
For transparency for myself I own $AAOI, $POWI, $INOD, $WYFI, $AGL, $NOW, $TEAM
This is what I am going into june with. Probably wont post when I sell because I am to lazy but I want to be able to go back and see what I owned and when.
May month -7.51% YTD 57%
After reviewing May I have understod that this market doesnt reward buying on strenght, but rather reward buying on weakness close to rising MAs. I am horrible at doing this but I am trying to implement it in my trading.
Optimistic for June!
The memory stocks look so tired. Feels like $SNDK is showing a new charactaristic comapred to the last couple of months. Not leading anymore. $WDC looks like it tries but cant go higher. $STX looks the best imo. Will be watching $MU and $SNDK for potential shorts next week
May month -7.51% YTD 57%
After reviewing May I have understod that this market doesnt reward buying on strenght, but rather reward buying on weakness close to rising MAs. I am horrible at doing this but I am trying to implement it in my trading.
Optimistic for June!
Tried to short $ARM at 396 when it lost vwap. Stoped out but will be looking at this one this week. It is super extended and everyone here on X is talking about it.
The memory stocks look so tired. Feels like $SNDK is showing a new charactaristic comapred to the last couple of months. Not leading anymore. $WDC looks like it tries but cant go higher. $STX looks the best imo. Will be watching $MU and $SNDK for potential shorts next week
$SGML one of my favourite setups today. Beaten down to 100 day in daily, 20 day weekly, finding support and getting tight. Breaking out on what seems to be on high daily vokume. $LAR in the same sector also going higher today. The llithium case might go much higher
@kulturdesken Agree, all the old semi holdings straight down. However the software ones looking great. I picked up $NOW and $TEAM yesterday. Missed $PLTR though