STAGE 2⃣

Swing+ Trader 🇫🇷 sur actions 🇺🇸 ***
🧙‍♂️ Livermore, Darvas, O'Neil, Minervini, Weinstein, KQ...
#momentum #growth #trend #Canslim

[STAGE 2⃣ @_Stage2]

@PrimeTrading_ Impressive, congrats Alex !

[STAGE 2⃣ @_Stage2]

@TaPlot Paid. Thanks. Lets check that

[STAGE 2⃣ @_Stage2]

@RoyLMattox What do you mean by 'de-risking'? How hard do you trim your position before earnings ? Is this percentage also function of the cushion you have ?

[STAGE 2⃣ @_Stage2]

@RichardMoglen @LeifSoreide Especially how he identifies a "good" from a "bad" HTF ? And if Leif looks to enter 'at any costs' in a great HTF only because it's one ; or if he waits for the great setup, and if not...pass. That's interesting.

[STAGE 2⃣ @_Stage2]

@PrimeTrading_ Hello Alex, I'm impressed by how you are able to boost or trim quite rapidly your exposure. I was wondering how do you enter on your targets, because it seems like you don't play breakouts, in a classic way : is it ORB 5min at the open or something like that ?

[STAGE 2⃣ @_Stage2]

@yuriymatso Before or after fees ?
Which are probably huge regarding the fact that we have to buy & sell every day during 15 years.

[STAGE 2⃣ @_Stage2]

@imfamousrajat What is the moving average "band" you're using as an indicator please ? (and the dots one)

[Ganesh @EquityCraze]

Here is the link to Indicator of Mark Minervini's past trades: https://t.co/CYjVJbzD9R

1. Add this to your favourite indicator

[STAGE 2⃣ @_Stage2]

@PrimeTrading_ Thx for sharing. What decided you in first place to bet on this stock specifically ?

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@PaulStifler3 What is the "xxm BBW" please ? Thx !

[STAGE 2⃣ @_Stage2]

@RichardMoglen @Deepvue Thanks for your answer Richard

[AsymTrading @AsymTrading]

@DanZanger: "Many people have sent me pattern recognition software that they have setup on various software platforms such as TradeStation, or some other software. They run all these scans and here are all these patterns. They come up with all these patterns, but nothing moves. So you really have to find what moves and then find the patterns that they create. I have initially missed the first move of a stock, but I will track it for a month or two waiting for something to set up as opportunistic to buy either a breakout to the upside or a potential sell to the downside."

Let me emphasize that again - you have to find what moves, then find the patterns they create! This is the same thing that Boucher was talking about with his "runaway" stocks. Don't guess what moves. Find what is moving and then wait for a favorable R/R situation.

Momentum measures the velocity of an asset. Velocity refers to both speed and direction. I see a lot of stocks ppl post and they assume themselves to be "momentum" traders, but based on what they are calling "momentum stocks", it seems they have severe misconceptions about what momentum actually is. They aren't heeding Zanger or Boucher's advice.

They say to themselves "The stock has a high ADR" and think that means it has momentum. A stock can have volatility (high ADR) and no momentum. The ADR shows the daily average fluctuations or volatility, but says nothing about speed or direction.

They say to themselves "The stock is in an uptrend". A stock can have trend and no momentum. Slow, upward grinding stocks have an uptrend, but that doesn't mean it's doing so quickly. Direction without speed.

They say to themselves "The stock has a high relative strength". A stock can have relative strength and no momentum. This is especially true during downtrends, where more defensive kinds of stocks drop less, rather than move up more than others. This is an important distinction. To drop less than others doesn't mean it somehow has momentum - it just means it's holding up better. Also, depending on the RS calculation period, the stock could have a "High" RS value in the 90s based on a 6 or 12-month calculation but is far off its highs. Just because a stock had momentum in the past (thus a high RS value) doesn't mean it currently has momentum. A stock can have a high RS, but lack the right direction and speed in the current moment.

If you study these past KK trades
https://t.co/AOBpQev3cc…, you'll probably notice the stock has all of these things. These stocks had strong relative strength, high ADR, strong trend - strong velocity, direction, speed, momentum. These qualities were there at the time of purchase - not some relic of something the stock did six months ago. KK tracked and followed the stocks that were moving with the highest velocity and waited for a favorable pattern. He didn't trade second-rate, run of the mill stocks and hope they would pick up momentum at some point.

As you're looking for stock to trade, look for things that have recent/current direction and speed - velocity/momentum.

[STAGE 2⃣ @_Stage2]

@e_petit Oui, et je cherche justement un etf (S&P500) qui soit côté aux USA (donc aux horaires usa), mais qui soit "daily hedged" en EUR à chaque fin de séance. Je ne vois que des daily hedged en EUR côtés en Europe.

[STAGE 2⃣ @_Stage2]

Bonjour @e_petit j'ai beau chercher je ne trouve pas d'ETF S&P500 coté aux USA (heures USA), mais hedged en EUR. J'ai n'ai que des EUR hedged cotés à Euronext ou Xetra etc (pas aux heures US). En connaissez vous ? merci !

[True market Leader @TmarketL]

Rules of trading

[STAGE 2⃣ @_Stage2]

Vicieux fakeout ?
Ou alors higher high + rachat de shorts + momentum = S&P500 vers 4300$ assez rapidement ? (convergence de résistances majeures) $SPX $SPY $VOO

[STAGE 2⃣ @_Stage2]

Comment peut on se tromper autant, et systématiquement, sur les chiffres....c'est fou.
PIB US 2.9% vs 2.6% attendu. Chomage down.

Place au marché maintenant : good news is good news (2023 style), ou good news is bad news, pour renouer avec nos habitudes de 2022 ??

[STAGE 2⃣ @_Stage2]

Wow...ok, what happened ?? $XOM $NINE $LLY.... all energy names apparently

[STAGE 2⃣ @_Stage2]

⚡3985$ - 4000$, c'est ici que ca se joue pour espérer une continuation de l'amélioration sur les semaines à venir sur le S&P500⚡