Alps Trader

Discretionary and systematic trader

[Alps Trader @TraderAlps]

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[Ameet Rai @AmeetRai]

Shortcuts don’t work in trading.

This business takes time and the only way to find consistency is by trying different strategies, different buy/sell tactics and figuring out what fits you and your lifestyle.

Some traders hit their stride in 3-4 years. Others take 7-10.

But the ones who keep showing up, learning, adjusting and building a real process they always make it further than the ones who give themselves a finite amount of time.

You just can’t give up.
Keep showing up. Keep working.

[Ariel Hernandez @RealSimpleAriel]

The setup for growth stocks is pretty straightforward:

• The $QQQ gets back above the 50-day moving average.
OR
• We get a correction of 10%+ followed by a legitimate Follow-Through Day.

Until one of those happens, I view this as chop.

That doesn’t mean there aren’t opportunities elsewhere. Railroads, financials, REITs, Energy and other groups can absolutely have their own setups.

But that’s not what I’m talking about.

I’m talking about software, semis, neo-cloud, photonics, memory and data center names. For those groups, I’d rather wait for one of those two conditions than force trades in an environment that hasn’t yet proven itself.

[Ariel Hernandez @RealSimpleAriel]

There is not even panic out here. Complacency in the growth space. Everyone keeps trying to buy the dip so they can say they nailed the bottom.

[Ariel Hernandez @RealSimpleAriel]

If you're looking to short this market, you want to do it into supply, not into the washout.

We'll know soon enough whether this rally has real legs. If these 3-5 day oversold bounces run into resistance and begin to stall, that's where I want to be putting on short exposure.

$CIFR was the first name I stepped into today. If this market is headed lower, that's exactly the type of setup I want to be trading.

On the other hand, if this market is truly ready to move higher, it should reclaim the 50-day moving average, continue building out the right side of these bases, and we will see volatility compress. That's the environment where swing trades becomes much higher probability.

Until then, I'm letting price prove itself.

[Ariel Hernandez @RealSimpleAriel]

The names rallying the hardest today are the same ones that got beaten up the most over the past three weeks: $MU, $SNDK, $WDC, $CIFR, $AAOI, $NBIS, and $BE.

Sometimes the biggest winners on a bounce are simply yesterday's biggest losers, not necessarily tomorrow's leaders.

[EliteOptionsTrader @EliteOptions2]

Learn how to play defense in tough markets.

Lower your risk.

Play it safe.

Save the capital for better market conditions.

[EliteOptionsTrader @EliteOptions2]

What a crazy week for trading. 🤯

We witnessed 2 circuit breaker events in the Korean stock exchange. $SPX dropped 230 points from Mondays highs. We saw $QQQ(Nasdaq) fill a 18 pt gap up in 20 minutes on Thursday as well.

The April + May rally was the EASIER trading environment. June has definitely been much more volatile. If we see $SPX break the June lows, 7000 can come.

Tread lightly until we see the Chip stocks start to show relative strength and build a stronger base.

I'll post my charts and plan on Sunday, HAGW everyone!! 🫡

[EliteOptionsTrader @EliteOptions2]

Ironically, trading gets easier the moment you drop the urgency to make money.

[EliteOptionsTrader @EliteOptions2]

There are 2 steps to becoming a good trader:

1) Learn to wait longer than feels comfortable
2) Learn to lose without it breaking you

[stockbee @PradeepBonde]

Find a setup idea with an edge and know under what situations it works. Then master it to a level where you are the best trader of that setup bar none in the world. https://t.co/YPEvEKrOBm

[Richard Moglen @RichardMoglen]

Imagine the bases this would set up ...

[Sean trades @SRxTrades]

Making money trading over a long period of time is quite simple...

It comes down to 2 things:

1. Make a ton of money when the markets are in strong trend

2. Keep your money when the markets become choppy

Most don't have the patience for #2

[Ameet Rai @AmeetRai]

Having a clear Market Cycle Count for your system will allow you to be aggressive early in the market cycle & size down late in the market cycle.

A simple market cycle system can be based on the number of days the markets have traded above or below the 21 Day SMA.

Start there…

[Ariel Hernandez @RealSimpleAriel]

$SNDK may be the best example of this entire bull run.

A 7-week consolidation from 11/10 to 1/2.

Then a 9-week consolidation from 1/30 to 4/7.

Those two periods of sideways action weren't bugs in the process—they were the process.

The stock didn't make its biggest advances by going vertical nonstop. It paused, tightened up, digested prior gains, and allowed new entry points to develop before moving higher again.

Yet many traders see a stock stop going up for a few weeks and immediately lose interest. The reality is that some of the strongest leaders spend a surprising amount of time doing absolutely nothing.

Consolidation isn't weakness. More often than not, it's the foundation for the next leg higher.

[Alps Trader @TraderAlps]

$QQQ $SPY $BTC

did something happen today? 🤔

[Nick Drendel @NickDrendel]

Last 3 "TAKE NOTE" Character Change Days:

April 9th 2025: $QQQ +12%
Liberation Day Tariffs Paused. Higher low triggers. A further higher low needed before 2025 bull run begins.

Oct 10th 2025: $QQQ -3.5%
Chinese tariff threat trigger major distribution. End of easy money uptrend. Begin 6 months of chop.

April 8th 2026: $QQQ +3%
Gap up over 50/200MAs & trigger follow through day. Triggered a 28% rally in 8 weeks.

TODAY: June 5th 2026: $QQQ - 4.8%
A few stories, but nothing notable in the news. Concerns of high oil prices, extended tech stocks, mega caps raising capital front running AI IPOs.

Not sure what this one will lead to. But the easy trending environment has ended.

[Ariel Hernandez @RealSimpleAriel]

Remember how we heard about how low the volume was on the way up. 😅 $QQQ