Lucian

learning. not taking myself too seriously. software engineer/manager.

[Lucian @altlucian]

it must be said. AI images are mostly hideous, especially in blog posts, yes. no taste. lazy.

[Phil Eaton @eatonphil]

no. 1 on hacker news: stop using ai generated images (for your blog)

for companies: hire a freelance illustrator! if The Consensus can afford this, you can too!

for developers: well, please, just don't use ai images

[Ramp Capital @RampCapitalLLC]

@OddStats

[Lucian @altlucian]

@jfsrev Do you wait the 1st 30 min even for breakouts?

[Lucian @altlucian]

As a beginner in swing trading, this video was among the ones I learned most, but most of all, where I could get confirmation that my learning is on the good path. Thanks for sharing so generously @stamatoudism and thanks @RichardMoglen for this interview! https://t.co/HGW0JyMxuY

[Lucian @altlucian]

@TMLitalia @maxmaster21 @FranVezz @CFlanders7 @jfsrev Dario, I read a lot of older posts from you and Jeff Sun too. My assumption is - if you enter @<40% ADR of 5% from LoD and place SL at LoD, then SL is at -2% from entry. If using -0.33R, position size is 16.6% of portfolio. Is that about right?

[Lucian @altlucian]

@TMLitalia Did you trade breakouts in July or tried other setups?

[Ramp Capital @RampCapitalLLC]

Wife: You’ve been using 10x leverage on memory stocks haven’t you?

Me:

[Lucian @altlucian]

@realpristinecap Mostly SL lately, but I learned to keep positions small and do better entries so that stop is tight.

[Lucian @altlucian]

@RichardMoglen Last one is nice - focusing on less than 4 stocks!

I feel it is so easy to jump around and look at 20 stocks, shortlisting them only to get distracted and miss a good entry because you are looking at so many at once.

[Lucian @altlucian]

@LeifSoreide What are your earnings pivot rules? Any recommended reading source on it?

[Lucian @altlucian]

@RichardMoglen is $BJRI next?

[Lucian @altlucian]

@RichardMoglen @TraderLion Thanks for doing this! This is of tremendous value to beginners like me.

[Lucian @altlucian]

@TMLitalia @FranVezz @CFlanders7 @jfsrev what is your win rate for july?

[Lucian @altlucian]

@TMLitalia @FranVezz @CFlanders7 @jfsrev thanks, Dario! that makes sense.

[Lucian @altlucian]

@TMLitalia @FranVezz @CFlanders7 @jfsrev Aren’t you concerned that if you reduce -R too much, volatility will get you out of the trade, then rally? Curious if you feel enough confidence that trades that really work can work with that reduced -R…

[Lucian @altlucian]

@FranVezz Got stopped on this too today after entering it yesterday, great setup, good opening volume too. Was the last nail on the coffin to convince me to stop looking for breakouts for now.

[Leif Soreide @LeifSoreide]

A crash is significantly easier to trade than the chop we are seeing right now. In a crash, nothing sets up, so you simply step aside and sit in cash. This tape, however, is a psychological trap. It offers just enough random movement to tempt you in, only to sell breakouts on contact and squeeze shorts with violent, stop-hunting ramps. Our tradeable universe is shrinking as the market actively hunts liquidity in both directions. Trading serious size in this environment is a losing proposition. Don't take the bait.

[Lucian @altlucian]

@PradeepBonde true story, felt it myself.

[Lucian @altlucian]

@realpristinecap @alphacharts365 This is underrated. I also recently learned that SL can be so close as 2-3% if you get a good entry, but all the work shifts to finding the good setup which takes practice.