Best advice I’ve ever received as a trader:
“Stack confluences to increase your probability of winning”
Really think about it
- Setup
- Sentiment
- Macro
- TA
- PA
- Volume
+ risk management in the back office
I am bullish with 7 longs on, but here are some reasons I am mentally prepared for a pullback probably soon:
1. $QQQ has 3 closes above the upper Keltner band. This does not often last too long before some retracement. Exactly the same way we bounced from when we were right at the lower band.
2. The put-to-call ratio indicator is flashing red, indicating a little complacency.
3. RSI is over 70, and at levels that indicate potential pullback could be soon arriving.
4. ATR extension indicator at levels that have previously seen the market pull back.
5. 13 days higher for $QQQ tells us all we need to know about risk/reward.
Some other comments:
I am far from bearish. Market looks insanely good as do it’s leading stocks and themes. Think any rest or pullback is a chance to be extremely aggressive.
These are secondary indicators to PRICE. I will ride my longs as long as they remain above moving averages, trimming when necessary.
If the market keeps running, fantastic. But I trimmed 4 of my positions on Friday.
AI Chip Race Heating Up
$GOOG in talks with $MRVL to build custom AI inference chips.
$MRVL +9% overnight, bucking market weakness.
AI leaders are moving beyond software — owning hardware = better margins + scale advantage
Day 3 / 252 🧵
A good trade isn’t defined by the outcome.
It’s defined by process.
You can follow your plan and still lose — that’s fine.
You can break your rules and still win — that’s dangerous.
Judge your day by:
• Did you wait for your setup?
• Did you size correctly?
• Did you respect risk?
If yes, it was a successful trading day —
regardless of P&L.
Results come and go.
Process compounds. 📈
Watchlist for tomorrow, 12/19:
Upside:
$RKLB
$TSLA
$META
$RIVN
$LMND
$PLTR
Downside:
$COIN
$AMD
It’s the last lotto Friday before Christmas. Let’s make some money.
I still see many quality setups, I’m leaning bullish tomorrow
Charts on X, alerts in the Discord🤝
Final tallies for this week:
$RKLB 600%
$META 300%
$META 180%
$RIVN 170%
$TSLA 150%
$RDDT 100%
Quality > Quantity
We followed the momentum on some textbook charts
Only traded A+ setups & resulted in a record week
Charts coming over the weekend✍️
TRADING HABITS THAT HAVE A HIGH RATE OF RETURN
– Reviewing your trades weekly especially the losers – Journaling emotions & setups after every session – Staying 100% cash when the market is unfavorable – Studying one setup until it becomes automatic – Watching price action instead of opinions – Cutting losers fast, even when it hurts – Taking profits while it still feels early – Getting 8+ hours of sleep before trading days – Staying off social media during market hours – Planning your trades the night before – Sizing positions by Data, not ego – Re-reading your journal every weekend
Watchlist for this week, 11/3:
$NET
$SNOW
$APLD
$PLTR
$IREN
$IONQ
$RGTI
$TEM
$TSLA
$LLY
Many quality setups on this list after Fridays close.
Most charts posted on my feed.
Let’s make some money this week. 🤝