Austin

[Austin @Austinlav33]

@801010athlete $DASH too, food theme big RS

[Austin @Austinlav33]

@ameetrai @ChartsJavi Was so crowded that the contrarian trade got crowded so it went up 😂

[Austin @Austinlav33]

@801010athlete https://t.co/DgSxBSYtij
This Huberman podcast goes deep on that subject. Hands down the best thing I've listened to in a while. Applies so well to trading and sport. Definitely worth a listen!

[Austin @Austinlav33]

@Scot1andT Why not the more liquid $TSLL ?

[Austin @Austinlav33]

Only thing is it can eat up some buying power in anticipation of the move. Just need to weigh the opportunity cost of owning somethin that hasnt moved yet as it can limit your ability to jump into breakouts that are happening in real time. Some ranges take a while to develop and can definitely be dead money for a bit! Not as much of an issue if using margin though

[Austin @Austinlav33]

@ChartsJavi @ameetrai @GregDuncan_ Yeah just realised I need to grow a pair of balls 😂

[Austin @Austinlav33]

@TedHZhang Was not expecting that move! From a 10% position, I really need to work on getting more size on these. A 20-25% position would have really helped move the needle. Down to about 1/3. 6% EC gain ill take it!

[Austin @Austinlav33]

@ThePupOfWallSt Missing a couple
- Blink and Alexa for whole smart home / home surveillance
- Twitch for streaming

[Austin @Austinlav33]

@801010athlete unless scalping*

[Austin @Austinlav33]

@801010athlete reversal on reversal on reversal. Anyone trading today is not having fun lol

[Austin @Austinlav33]

@AsymTrading True! $SIDU almost got me this morning. Glad I held back

[Austin @Austinlav33]

As for Market environment, do you take into account the phase of the current cycle to reduce size / exposure? Like right now my winrate is still good which is good feedback to keep trading but seems like we are late stage with all the shit-cos flying. Do you usually tone it down or keep on the gas until everything fails? From past cycles this feels like the point where I start to chop myself up a bit.

[Austin @Austinlav33]

For myself i've tried journaling monster trades / setups both every week and end of month but prefer end of month as doing it weekly ended up filling the journal with failed setups as the trade hadn't fully developed before end of week (Similar to my winrate). Doing it EOM allows more time to weed out failed moves and allows me to see more chart data for the write up / annotating of the chart.

[Austin @Austinlav33]

@GasperCrepinsek @IAmPascio Collection

[Austin @Austinlav33]

@frenchiestonks Same thoughts today! way too much trimming on the initial move causing me to ride the meat of the move with too small size. have 6% of EC left. My thinking on 0917 was it felt crazy extended on that day but now in hindsight it looks like it was just starting!

[Austin @Austinlav33]

@PrimeTrading_ Thanks for sharing Alex! quick question, to backtest the alternate trades do you simply make a copy of your current journal on Sheets/Excel and simply change the entry / exit price according to the new strategy? curious about the process.

[Austin @Austinlav33]

@traderlion Looking forward to @PradeepBonde !

[Austin @Austinlav33]

@AChartingFellow Chart looks great but I feel it has a lower probability now. If it wanted to breakout so bad it would have went yesterday imo. Worth a shot if volume comes in but just an observation. Has similar look to $SG before the bo but even tighter!

[Austin @Austinlav33]

@stonkdadddy I think If $btc goes, $COIN $MSTR Won't give us "more time" for the chart to setup. Trade $btc / $iren that are set up or get creative on $coin $mstr but I don't they wait for anyone.

[Austin @Austinlav33]

@FranVezz Can't outsmart those MA's!! Fintwit today was the most bearish I've seen in a while! Crazy looking intraday chart on QQQ 😂 some nice reversals $ASPN $SG $CEG $BITU $BTC $CLS $APP $MPWR to name a few at first glance.