Reminder to all the swing traders out there: it should be pretty clear this isn’t the kind of market environment that leads to big gains for the portfolio, and that’s fine. In a good year, we might get three solid legs where we make the majority of our gains. Outside of those windows, we do virtually nothing, and that’s what makes swing trading so attractive.
The past 1.5 months have probably been one of the best periods in my career.
Truly the one skill I’ve been trying to master more and more and enhance over the last years is crafting a prioritized universe. It’s one of the best, if not the best, superpowers in trading imo, right after nailing down risk management principles and aspects.
My aim is always one: ''To track a universe where the chance of an asymmetric opportunity is greatly increased.''
My thought process for doing this is the following:
1.Basic filter - scanning from platforms: reduces the list of 6,000 stocks to about 1,000.
2.Separating true momentum elements from simple uptrends: narrows it down from 1,000 to 150.
3.Adding narrative, story, fundamentals, expression of momentum, theme alignment, and behavioral elements as bonus factors: further refines the list to 30–40 names, with added prioritization.
You always see my mention the word ''Phenomena''.
The market can never be contained in a box. There are so many different variations of technical expressions, that’s why, long ago, I shifted from looking for A+ setups to looking for A+ phenomena. A phenomenon is a blend of technical, behavioral, and fundamental elements and truly that's what makes a difference.
The structural, fundamental, and behavioral elements that create asymmetric opportunities remain the same over time, while the ways of capturing these through setups can differ from period to period.
$ONDS, $RR, $OKLO, $IONQ, $RGTI, $IREN, $CIFR, $ABAT etc have been some that have contributed the most so far.
@epictrades1 What’s your thoughts on quantum names? I assume Apple and Amazon will talk about them just as much as Microsoft and Meta did yesterday afternoon. Seems like a huge emphasis for big tech.