gary

Now or Never!

[gary @UBAtrading]

@ShibInfo What about the commission!

[gary @UBAtrading]

@VoicesFairCheck @CanBorder @csiscanada @MarkJCarney @JulieDzerowicz All you pseudo-Canadian in the comments, the country is run by laws and not your whims and fancies she has the right to express her self dont be so harsh. Let the law and rules take its own course.

[gary @UBAtrading]

@Degentle_ Definitely India

[gary @UBAtrading]

@Equ1ty_Engineer Told ya discord would be a good idea, a community that uses pink level, helping each other. That would be something!

[gary @UBAtrading]

@spatialaanomaly @NoFilterSkin Its called India then!

[gary @UBAtrading]

@Equ1ty_Engineer @Heart_of_Simba Do discord create a tight knit community

[gary @UBAtrading]

@TradersConf The admin is from India for sure!

[Equity Engineer @Equ1ty_Engineer]

Ya boy needs some good book recommendations. Halp! Not trading related for the love of god.

[gary @UBAtrading]

@Equ1ty_Engineer Stay strong bro this too shall pass and enjoy the break 😎

[gary @UBAtrading]

@Equ1ty_Engineer 1 NQ is more than enough I would rather start with 5 MNQ the current ATR stands around 600 points lately for even 40% of the daily move for next 2-3 trading days would be good shit. What would you suggest for 2k DD, 50k pro account?

[gary @UBAtrading]

@Equ1ty_Engineer How come spy has overnighted priace action isnt the open 09:30

[gary @UBAtrading]

@Equ1ty_Engineer Can you do an article on the process and details a lot of time the process is the problem not psychology. How to structure trade, entries bias, exits, Invalidation, RR, win rate, contract sizing etc would be awesome to learn from a professional

[gary @UBAtrading]

@Equ1ty_Engineer And your TP?

[gary @UBAtrading]

@Equ1ty_Engineer What would be your invalidation point?

[gary @UBAtrading]

@Equ1ty_Engineer @MyFundedFutures What would you say have changed from last year risk capacity, strategy, risk management, lot size etc and it would be cool if you can do an article for newbies like us would be g8 help

[Koroush AK @KoroushAK]

https://t.co/6pcY8MKTfV

[gary @UBAtrading]

@TradersConf These guys talking crap keep lot small and fixed rr start with 1:1 get comfortable and increase risk. There are no same days history rhyme not repeat. Edge is just as good as coin flip. 51% is better than 49% after all its long or short. Good luck!

[gary @UBAtrading]

@chartfleau Where can i find these?

[Wey How @wey_how12640]

Why Do Some Traders Fail?

They continue to lose, ironically because they are afraid of losing.

1. You won't buy before BO because you are worried about the resistance, instead of reading the market's intention. You said that's fine you just want to keep it simple, and stick to one style only, but the market doesn't revolve around you and you keep on paying the cost of waiting (that's fine too if you have the patience).

2. Come the BO, but you won't buy the BO because recently all BO seems to fail. You are worried that it is another fail. You would rather wait until everyone says that it is an easy dollar environment and every BO on random setups start to work. Market awareness & wait for your edge, you said.

3. After a few days past BO you won't buy it too, even e.g. on an intraday UC&R of gap/ PDL. You are worried that it is already extended and it should PB soon, you would rather wait for KMAs to catch up (actually this is a good and safer strategy).

4. So the price fell into 8ema which has now caught up. However, you are worried that it will crash through it, and it did and reversed back up. You won't buy it either, with or without confirmation candle, the overnight gap risk is simply too high with all the war headlines. You think maybe you should buy it at the first PB to 21ema instead. But that was the low before the stronger stock continues to make new ATH without you. Anyway there will be another trade right? That's so you comfort yourself.

5. For other cases the price continues to fall to 21ema. But now you won't buy it for the exact same reason as above, after all 10sma is already lost. Same things go to 50sma. And 200sma. By then, the shorter term MAs are already above and the market condition seems bad (for price to fall to those levels), more reasons for you to not do anything. You won't buy them despite at these great discount price/ longer term MAs because you are worried that the low can get lower, and there are so much uncertainty anyway.

6. At some stage you prefer to short the market instead, afterall you can't convince yourself to go long, so why not make some money by doing the other side? So, you ended up being short squeezed, or you made some tiny money by shorting at late stages, but simply couldn't switch your mindset quick enough to go long on leaders, resulting in missing opportunities.

7. You continue to absorb all the news, predictions, and negative sentiments that X community feeds you. You don't have your own view anyway, and you think you do not need such a personal conviction anyway, just trust the price right?

8. But despite the price action is bullish, you defer it back to trusting negative news and predictions to stop yourself from getting in too early. There is always uncertainty ahead, there is always some inter asset correlations that you can't seems to understand but people say it is a bearish divergence and the market should fall. Even on reclaim of say 50sma, the SMA is still slanting downwards not upwards but if you know the construction of MA, this lagging price driven trend indicator will be sloping upwards next week anyway. etc etc etc. You are now worried that you can't trust the wrong price action (?), you refuse to trade what you see.

9. Even if you do go long at some point, you are worried about giving back the hard fought gains and prefer to sell early for a tiny profits. It doesn't take much, just a bearish reversal in the day, enough to scare you off your position, even if the stock is still in uptrend (and even above 10sma).

You never sit tight enough to enjoy the rise, you would rather keep rotating and flipping for your mathematical edge of asymmetry to play out by numbers, instead of sitting tight in qualities and trend.

And you continue to miss leaders, at least not with a decent size:
2024 $APP +712.62%
2025 $SNDK +577.07%
2026 YTD $LITE +142.58%

10. You are worried about being different, worried about expressing your own opinions, and worried about following the wrong account. Stop, isn't trading just about finding out more about yourself, own your own trades and do what's best for yourself? You are still doing the following game?

"Also, some traders fail because they are too worried about losing."
~ Brian Gelber

[Quant Science @quantscience_]

Algorithmic trading is the domain of secretive Hedge Funds.

Python unlocked these secrets for everyone (even Goldman Sachs has an open-source tool).

Here are 17 Python libraries that open the hedge fund black box (📚bookmark this for later):