TraderDaViking

[TraderDaViking @TraderDaViking]

@OleosCapital @TaPlot @tradingview Did have problems with some of them. Removing and re-applying them fixed it for me.

[TraderDaViking @TraderDaViking]

I’m fully behind this recommendation! Having a mentor in @theEquilibrium that teaches you to think independently like a trader has been invaluable to my growth, progress and most importantly longevity in this endeavor.

[Marius @maarrav]

The Service @theEquilibrium provides is worth every penny :) Matt's service gives you the tools you need to become a trader - and best of all, he teaches you to think for yourself. Cannot recommend this service enough!

[Matt Petrallia, CMT @theEquilibrium]

This month is the FIVE YEAR anniversary of Trading Equilibrium! To mark that milestone I'm offering 7-Day Free Trials of Monthly / Quarterly Memberships through the end of October.

https://t.co/7VGLgI90D6

It has been an amazing journey working with 1000's of talented traders. My goal is always to teach a simple, repeatable, framework and help people THINK FOR THEMSELVES. I emphasize self-leadership and engagement and help folks reframe and internalize simple but powerful mindset concepts.

[Konstantin Lazarov @klazarovbg]

Note to myself:

Super performance doesn’t just come from the good trades you take.
It also comes from the discipline to avoid the trades that never should’ve been touched.
The impulsive setups, the forced entries, the trades that don’t fit your plan—they are the silent killers. Small losses stack. Confidence gets chipped away. Over time, they do more damage than one bad day ever could.

Most of the PnL comes from being in sync with the right stocks, the right sectors, the right moments. That’s where the edge lives. But if you let the “shitty trades” creep in, they dilute everything. They distract you from your real setups. They erode your conviction.

And too often, traders risk more on these poor setups than on their true A+ trades. That flips the whole game—underexposed on the winners, overexposed on the losers. That’s how edges die.

The realization is simple: greatness isn’t just built on the trades you take. It’s built on the ones you refuse to take.
Protect your edge. Protect your capital. Protect your confidence.

The trader you want to become lives on the other side of that discipline.

[Matt Petrallia, CMT @theEquilibrium]

A few important milestones in your trading journey:

1 - Risk Management

This is the cornerstone of achieving longevity, which is the real goal. It’s the lens through which all of your decision-making is filtered. Your primary job is to manage risk, period. Risk Management keeps you from blowing up and lets you compound over time. And real risk management is much more than just stop placement and sizing.

2 - Understanding your strategy AND the environment required for it to thrive

This is what leads to profitability, taking you out of the boom and bust cycle. Focusing on only what is pertinent to executing your strategy. Hitting the gas in a conducive environment for that strategy and knowing the ingredients required for that environment. Staying out in a poor environment for your strategy when your odds of success are lower.

3 - Personalization

This is the beating heart of your journey and where 98% of the ongoing battle / progress happens. Once you truly begin exploiting your own strengths, understanding where your weaknesses lie; each unique to you - then you’re accessing your ability to outperform. Successful traders that achieve longevity and outperformance don’t have a “cheat code” of scans and watch lists and setups, they’ve learned to exploit their own personal strengths.

[Matt Petrallia, CMT @theEquilibrium]

One of many extremely insightful posts from @KayKlingson .

"It depends", when coming from an experienced trader with a consistent and logical strategy / process is NOT a cop-out answer. In fact it's just the opposite.

In my view, it's clear evidence of "decision-making clarity"; an understanding of how one's decisions branch off from a simple and crystallized underlying framework. Coupled with the true internalization that no formulaic, static "rule" exists to govern every single moment in time and every single decision. Rules don't optimize for perfect outcomes.

Judgement, intuition, and a deep understanding of one's simple strategy / logic guide the navigation of a myriad of other decisions that at surface level may not seem correlated, but with time and experience those decisions become more "simple".

[Brian Shannon, CMT ⚓️ @alphatrends]

WHY SUPPORT AT KEY LEVELS?

When a stock (or market) in a strong uptrend falls quickly, it is natural to look for the stock to bounce, that is where technical analysis comes into play

We look for a "level of interest that has the potential to become support"

Those levels could be a moving average, like 20SMA, 21EMA, Fib retracement level, AVWAP level, prior resistance etc.

The key is to understand what happens at those levels because they are not magic levels for a stock to bounce.

Think of the short sellers who are looking for a quick kill, they will consider those technical levels as a place to begin to cover because they "often are support." This removes supply from shorts and turns them into buyers (demand) in that area.

Sidelined cash who missed the big up move, look to those levels of interest as a place to get involved in the long term trend, more demand.

Short term traders looking for a bounce know those areas often become support so they stick a bid in, more demand.

Big funds who sold some of a large position into strength but still have large long exposure stick bids in at those levels, more demand.

When one or more of these levels of interest line up together it makes it more likely to become support because more participants come to the same conclusion (it doesnt make sense to sell here and maybe a place to cover a short or buy/add to long) in the same place.

Where does the supply come from? Often it doesn't which is why a bounce does materialize.

The key (as always) is to know your timeframe, wait to see the evidence of buyers taking control and then know where your stop is and manage the winner with stops trailing up under "the most recent and relevant higher low" for your timeframe.

If you made it this far, please RT it, this is super important concept.

[TraderDaViking @TraderDaViking]

@klazarovbg Nice, where in BG is this?

[TraderDaViking @TraderDaViking]

@ameetrai $IBIT $ANF $LRCX $PDD

[TraderDaViking @TraderDaViking]

@TraderJohnny_ Had it high on the list, didn't execute 🤦

[TraderDaViking @TraderDaViking]

@ruedashraf @ripster47 @alphatrends No, it was gambling.

[TraderLion @TraderLion]

📈 The FREE TraderLion 2023 Model Book is here.

Train your eyes with 30+ marked-up charts of the biggest winners from 2023.

🔁 Retweet and we will DM you the link!

Must be following so we can DM you.

[TraderDaViking @TraderDaViking]

@TheSwingReport Send

[TraderDaViking @TraderDaViking]

@MichaelWalstedt @theEquilibrium That sentence, “Patience is a massive edge”, probably kept me from chasing “something” to the downside today. Been a member for about a month, should’ve signed up a year ago, would’ve saved me 1000 cuts.

[TraderDaViking @TraderDaViking]

@nickschmidt 🇳🇴

[TraderDaViking @TraderDaViking]

@Haneye @KarlOStrom Styrkes ift USD

[Brian Shannon, CMT ⚓️ @alphatrends]

Going over my main watchlist this weekend, I started to compile a list of stocks that are either transitioning from Stage 1 to Stage 2 on the weekly timeframe

I also have stocks some people might be tempted to get in but are still in Stage 4

RT if u want me to go over a bunch of them in a free webinar, I will respond later with a link

[TraderDaViking @TraderDaViking]

@AChartingFellow Reclaiming AVWAPs could be another option to enter. Started $ONON June 5, good bounce off the AVWAP from the October lows, and reclaimed AVWAP from latest ER + a pocket pivot the day before. Sold some, nice cushion now, will be interesting to see how this unfolds.

@alphatrends

[TraderDaViking @TraderDaViking]

Your book made it to Norway, @alphatrends already making an impact. Time for deeper learning during Easter break 👍🏻

[David Ryan @dryan310]

SPY closed Friday below my trading range low of 390. Even with a large gap up on tomorrow’s opening, wait for volatility to subside over the next few weeks and for leading stocks to base before initiating any new positions.