I struggle with lots of things in trading.
A big one I’m trying to fix is holding from my trigger to my profit point without getting scared and closing early.
$GOOG was a hold full size all day trade today.
Watch me trade live in @BullSharkCharts discord most days if you want some Alpha.
You want to know a secret that changed my mentality around money?
Scenario: April 1st your portfolio was 100k and we went on this magical run where it climbed up to 140k as of yesterdays close. Then a day like today comes along and you happened to get stopped on all your positions and you are now sitting at 130k. Did you lose 7.14% today or is your portfolio up 30% in a month?
Unrealized gains ARE NOT YOURS. They belong to the market! If you want to mitigate volatility, trim into extensions. But if you are going to stress out about every down day as if the money was yours on an open position, you'll never truly be able to scale up comfortably.
Treat every new buy or sell based on it's individual price action. And stop looking at your portfolio value every evening as if the money on open positions belongs to you. Checking portfolio value every 10min only leads to emotional and sloppy execution when you look at the whole and not the individual parts.
If stock A is still acting great then it shouldn't be sold just because you took a small loss on stock B. Exit stock B and continue to let stock A work for its own merits. The minute you start to make emotional decisions because of money is when you ruin your chances at real growth.
Team absolutely fucking boosted today.
More open positions then Id typically like to have but you have to press this market.
Shoutouts to $ONDS $DELL $MDB $NVDA $HOOD $ASTS $AMD $F $IONQ $RGTI $NOW
@BullSharkCharts All from that interest free loan you gave me when I messaged you on twitter all those years ago. Blessed that you do that for people who message you their life story in detail.
Chart is always first for me.
But sometimes you just have a feeling a fat move is coming.
$META was textbook structure and consolidation.
You have to be patient and persistent in this game.
You're not always going to get the move you want on the first attempt.
Couple base hits, couple paper cuts.
Then BOOM, pay day.
Closed my initial position for 2000%. Then rolled out on the pull back into key level locking in another 250%.
Some huge gains for the team today!
I’m sure so many folks in so many Discords around the block are doing well.
Super nice to see the positivity and good energy being spread around!
If you’re doing great in a discord you’re in, that’s awesome :)
If not we always have a spot for you
🌴Come hang out anytime🌴
⬇️⬇️⬇️
https://t.co/e2BvCDzAil
Special shoutout to @QuantKaz@MattyIceTradess@bryanlytics@mafiatrades_@DrizzNation20@AidenJohnson87 and many more who make this place what it is today.
Love ya’ll🤝❤️
IM BACK! 🚨
Took a quick break from socials. Been busy with life and our new puppy.
Back to full send in the Tropics this week and damn it felt incredible.
My goal is to prove I’m nothing special. Just a few critical tweaks can make your trading go nuclear.
I've been breaking down how I manage positions for maximum returns while making risk the priority.
Massive wins this week on $DELL, $IONQ, $ARM, $ASTS, $IWM, $SPX
Here's the link for those that feel like learning with the team! https://t.co/GMN1rWwYa4
What’s been my secret to success in this market?
• Themes
• Relative strength
• Buying pullbacks into key areas
• Position management
Staying focused on those core elements has been huge for me.
Yes, the market has been in full rip mode… but I still see traders struggling because they think everything is “too extended.”
Meanwhile, strength continues to reward patience and execution.
Largest returns for me this week:
$QCOM $NVDA $ASML $ORCL
Shoutout @BullSharkCharts for keeping the Tropics dialed in on $QCOM. A lot of members got paid today.
The best part is with this strategy I was able to do the same thing again. Hit $NVDA for 700% today. Who would be interested in a trade breakdown? I'll teach you how easy it can be to hold longer.