Agramtb

my self talk on my way to being profitable. daytrade/swing trade mindset. no politics. watching my own bias. beware my FOMO. not (very) profitable.

[Agramtb @agramtb]

… track relative strength, watch for new leadership.

[Agramtb @agramtb]

Time to

[Agramtb @agramtb]

Recent $qqq kill bar is telling me to limit trading. I expect chop for the next couple of weeks to months. Watching for new leadership or for leaders to base around the 20/50, decrease volatility, reclaim the 20 ma

[Agramtb @agramtb]

@ZaStocks The truth hurts

[Agramtb @agramtb]

Well …on the bright side.. was already almost all cash anyways bc I didn t get well positioned 2 months ago and have been chopped out of recent buys for the past 2 weeks …so today was relatively painless

[Jeff Sun, CFTe @jfsrev]

@PradeepBonde highlighted a crucial distinction between two types of stock movements, providing valuable insights to laser-focus your own stock selection, even within a breakout strategy. I personally categorize one as a range-expansive momentum move (e.g., $COIN on 20/11), while the other is identified as a trend-following move (illustrated well by $VRT).

Consider the following principles that I adhere to when concentrating on momentum-based trading, with a focus on short-term range expansion via executing trades that are trading at high relative volume beyond pivotal levels.

1. Direct your attention to stocks in these five sectors: $XLK, $XLY, $XLI, $XLE, $XLV. They have the highest success rate of breakouts. I wrote about this with reference to @florinlazar001 research 1-2 years ago.

2. Give preference to lower-priced, lower float, lower capitalization stocks, and those with high short interest, as they often undergo substantial magnitude moves.

3. Steer clear of executing short-duration setups that surpass 4x ATR multiples from their 50-MA. The only exception to this rule is for stocks with a market cap below $500 million, where I would still set not trade them at more than a 5x multiple.

4. Setups should encompass range compression coupled with volume contraction, likened to a compressed coil spring.

5. Execute trades only on setups securing pivotal levels below 100% ATR from the current Low of the Day (LoD). This significantly heightens the probability of concluding the day with unrealized profits based on historical IV, implied volatility.

6. Execute trades that secure pivotal levels with substantial volume relative to its average 50-MA volume, contingent on the time period of the day (e.g., 40% relative vol to 50-MA vol in the first 30 minutes is a substantial liquidity event). If you have a watchlist stock trading beyond 10% dollar volume to their market cap, they should be your priority (look at how $CVNA started the +600% run in 2023)

7. Refrain from entering if stop losses require pricing and sizing beyond 1 ATR from your entry. This ensures optimal exploitation of a winning trade in terms of profit factor and risk-reward ratio.

8. If your thesis isn't validated upon entry, reduce your position size before it even reaching your stop. If you are not proven right, you are yet to be proven wrong either. By controlling and improving losses below 1.0R, 0.8R, and 0.6R per losing trade, you can go a long way. Imagine the capability of a 5R winner covering 9 losses, instead of 5.

9. Don't dismiss leveraged ETFs as trading ideas; they can exhibit much larger range-expansive moves than individual stocks within the same sector or group. Now I'm stalking etfs like $KOLD $DRIP $TZA $DPST

I genuinely believe that these rules hold merit and can enhance your profitability.

[Agramtb @agramtb]

Tried $fig twice for 1R losses and $crwv too. So down 6R on a day when I should be breakeven or very green

[Agramtb @agramtb]

Took a -3R loss on $trt this morning. I oversized then messed up my stop. Ouch. Still working on risk management and Overtrading.

[Agramtb @agramtb]

Trimmed some more. 92% cash. Not exactly where I want to be but I’m not going to chase. Every day/quarter/year looking to get better.
Now just waiting for a pb or consolidation while trying not to overtrade

[Agramtb @agramtb]

Oops. 75% cash is what I meant

[Agramtb @agramtb]

75% long. Started a position in igv and rdtl, trying to get cute by catching software names Looked good at eod but selling after hours. I’ll be stopped tomorrow. Hopefully wont gap down too bad

[Agramtb @agramtb]

Plan is to wait for a pb or consolidation. Will prob take a couple of weeks minimum is what I’m prepping my brain for

[Agramtb @agramtb]

“Ran” not wrong

[Agramtb @agramtb]

Port approx 60% cash

Ticker/profit/port %

Sqm /12%/19
Glw/3/13
Dell/18/5
DOCN/22/5
PL /5/4       new today
Uamy/0/4   New today

Stopped on BE, iren, wulf

[Agramtb @agramtb]

I’ve had a bunch that I’ve been trying to get into that wrong after I get stopped. Iren wulf apld axti

[Agramtb @agramtb]

I shorted sndk for a small gain. Probably not ready yet.

[Agramtb @agramtb]

Now 80% cash
Holding small positions in dell, docn, glw
$open and $infq.

If I had bought closer to the base maybe I’d be sitting more but too bad..I didn’t.

[Sean trades @SRxTrades]

The entire system that made me over 100k today...

Keep it simple.

[Anand @anandragn]

Best stocks are always always extended. For a reason!