Patrick Bateman

USIC? Nope. Market Wizard? Nope. Twenty-something options trader pulling in 6 figures a day? Nope.

Just a middling trader documenting his journey to greatness.

[Patrick Bateman @The_P_Bateman]

Notes to self — Any price action after July 4th is phony; take Septembers off, always; and just enjoy Christmas/NYE cuz the liquidity is in Aspen.

[Crowded Market Report @Crowded_Mkt_Rpt]

Eventually people will believe me. Ans this is in a bull market... Dont trade, fade

[Patrick Bateman @The_P_Bateman]

@RyanQualtrics Utah Badlands ... Utah Thunderbirds

[Patrick Bateman @The_P_Bateman]

@RealSimpleAriel @ConnorJBates_ shhhh, he is collecting followers

[Patrick Bateman @The_P_Bateman]

$SMCI outside-bearish-reversal on HVE is a canary. Maybe it’s a small blast radius for now, but sure seems to confirm some the frothy sentimental measures I see.

Great 5-week swing for my strat. Lightened up last week and all trades tactical now. As in quick momo bursts only.

[Patrick Bateman @The_P_Bateman]

#NASA

$NVDA, $AMD, $SMCI, $AVGO

🚀

[Patrick Bateman @The_P_Bateman]

@RealSimpleAriel Yup, its an absolutely fucking miserable trading environment and has been for 3 years.

Breadth metrics have been in a bear market since 2022.

Get we all trying to stay positive out there, but sometimes just gotta be realistic.

[Patrick Bateman @The_P_Bateman]

@NFL Gimme a break, love stafford but he plays on the opposing team. We supposed to say, “yah, kick out ass man, you can do it!”

We bought Detroit Rams jerseys with the guys name on it. We celebrated as hard as LA fans. He will get a standing ovation when he returns post retirement.

[Patrick Bateman @The_P_Bateman]

God loved #Detroit tonight.

Put the Dan Gamble statue next to Yzerman, Joe Lewis and Al Kaline.

The Lions won a playoff game. And they won it despite being outplayed by the other team.

[Patrick Bateman @The_P_Bateman]

HAIL TO THE CHEATERS

#michigan

#harbaugh

#youcheated

[Patrick Bateman @The_P_Bateman]

Oh god, seeing a lot of “my twitter feed is too bullish” posts.

Give me a fucking break guys. Half of us were still working off the Holliday hangover when market rugged.

Find some real sentiment metrics for once. Sick of shit posts like that from the influencer economy.

$QQQ

[Patrick Bateman @The_P_Bateman]

Scary stuff

$AAPL

[Patrick Bateman @The_P_Bateman]

Still have not escaped the boom or bust tendencies in my trading. Basically following the market trajectory with more beta. Will be spending the weekend reviewing 2023 winners, bar-to-bar.

[AsymTrading @AsymTrading]

https://t.co/QUOaPSG7v2

Downside deterioration expanded today across sectors and market caps. Remains a risk-off environment.

I didn't become a profitable trader until I understood the damage I could cause in a poor market. It took me 15 years and numerous boom/busts to understand the lesson.

Look in the mirror and repeat the following: "I won't become a profitable trader until I understand the damage I can cause in a poor market."

[Patrick Bateman @The_P_Bateman]

I dunno about anyone else, but the uptrend that began Jan 2023 is the hardest one I have ever dealt with.

I just seem to be out of sync with the flow of the market at all times. Just a bad mix of scar tissue from the bear and a narrow tape that I have over-traded.

[Patrick Bateman @The_P_Bateman]

@BULLReturns @mining_charts Lithium was the one I wanted to ask you about after going thru my charts last night. It’s looking like it’s nearing a major washout

[Patrick Bateman @The_P_Bateman]

God hates Detroit sports.

[Patrick Bateman @The_P_Bateman]

Interesting chart... feel like whichever way this breaks decides whether we get breadth + momentum

[Patrick Bateman @The_P_Bateman]

Just a friendly reminder to #Michigan #Wolverine fans -- even if you win a Nat'l Champ, y'all cheated.

You knew the opponents plays at the same time the opposing team knew the play.

That is cheating. Will always be cheating. Any championship won't count. You all suck, anyways.

[Patrick Bateman @The_P_Bateman]

Great year for $QQQ, terrible year for breadth.

Perhaps 2024 will be the inverse?

Doesn't always need to be up or down.