Deep Pocket$

Trader | Not investment advice

[Deep Pocket$ @DeepPocketsITM]

📝Year in Review

$2.4M Prop Firm Funded
-$1.5M (Elite Trader Funding)
-$450K (Topstep)
-$450K (MyFundedFutures)

Got funded and transitioned from options to fully trading prop firm futures in September, and since then:
-$109,331 in profits

It's been a great year and really everything took off to the craziest heights towards the end of the year.

Had 3 great months of trading followed by 1 small slump red month in December. Looking back I wouldn't change anything. Performance was at peak during Oct-Nov. Hit a slump mentally in Dec mostly due to needing a break and being out of flow due to external things going on. Proud of how I performed during peak months and how I handled a red month keeping it small and not blowing up during a rough patch.

Excited to run it back in 2024 with everything I've learned and all the areas I'm currently improving on.

Alhamdulillah for everything 🙏🏽

[Deep Pocket$ @DeepPocketsITM]

@B_Frank610 Much love Frank, best of luck brother 🙏🏽

[Deep Pocket$ @DeepPocketsITM]

Trading like a king.

Probably going to quit Twitter.

Thank y'all for the great times 💃🏽

[Deep Pocket$ @DeepPocketsITM]

@hrxthik josh acquired

[Deep Pocket$ @DeepPocketsITM]

$AMD 👾

135 zone barely holding on for support.

Today was choppy price action trying to fail support, tomorrow could provide a potential second day move of the breakdown of 135 for 132/131 target.

[Deep Pocket$ @DeepPocketsITM]

$AAPL 🍎

🔪

[Deep Pocket$ @DeepPocketsITM]

Always posting free stock trade ideas even though I trade only $ES and $NQ

2/2 so far on trade ideas posted with $AAPL and $TSLA

[Deep Pocket$ @DeepPocketsITM]

$TSLA 🏎️

246 support fail -> 240 ✅

[Deep Pocket$ @DeepPocketsITM]

$TSLA 🏎️

246 zone support, IF it fails, can lead to a nice move down to 240.

[Deep Pocket$ @DeepPocketsITM]

2023 Recap 🔁

Stats by @TradeZella

[Deep Pocket$ @DeepPocketsITM]

$AAPL 🍎

🔪

[Deep Pocket$ @DeepPocketsITM]

$AAPL 🍎

191 zone is a key area to watch. Previous support with potential flip to resistance that can provide good room for downside.

191 zone breakdown confirmation -> 187

[TradeZella 🦄 @TradeZella]

went off on oct-nov 🔥🔥

amazing progress 🥳

[Deep Pocket$ @DeepPocketsITM]

Short trading week coming up and the first trading week of the year

⬇️

[Deep Pocket$ @DeepPocketsITM]

Lesson on Short Holiday Trading Weeks

During short trading weeks, due to holidays, it's important to understand this means it will be a low volume week most of the time.

What does that mean for your trading?
Personally I would reduce my risk, would never trade with my usual full risk as I would on a normal day. Additionally, I would make the decision to not trade on a short trading day where the market closes early due to holidays as well.

Example: Thanksgiving Holiday Week
This week, there were 3 setups according to my edge.

On Monday, there was a breakout of the range. Personally, I would've taken this opportunity and used half of normal risk, which would've lead to a win in this scenario.

On Wednesday, there was an opportunity at the breakout of Mon-Tues range for an upside trade. Bear in mind, Thur the market is closed, and Fri is a short trading day. Personally, I would've taken this opportunity and used half of normal risk on this Wed setup, and it would've been a loss as we start to see the low volume week effects leading to a choppy day where price is in the same range all day long.

On Friday, there was an opportunity of a second day play of the same setup as Wednesday according to my edge of the breakout. On a normal day, I would've taken this setup. But as it wasn't a normal day, it was a shorter trading day of a shorter trading week. Personally, would've not traded that day at all. In hindsight, we also see that the price action was just like Wed and was choppy in the same range all day long.

It's imperative to understand how to trade shorter holiday trading weeks. They should not be treated as any normal trading day in terms of risk management and being aggressive.

[Deep Pocket$ @DeepPocketsITM]

2023 Recap 🔁

Stats by @TradeZella

[Deep Pocket$ @DeepPocketsITM]

Use the last few weeks of the year to reflect, take a break, and clear your mind to really understand what direction you're heading in and the intentions you want to set forth going forward.

With the goals and intentions you look to achieve, understand that you're going to fuck up a bunch of times before it becomes easy. The goal isn't to become great at something in one try, it's to stick to it and persevere until you see evidence that it's working out.

[Deep Pocket$ @DeepPocketsITM]

What you can do this weekend to have a successful trading week ahead:

⚪️Review, journal, and learn from this week's trades you took
-Which setups worked/didn't work?
-What were your strengths/weaknesses?
-What should you be doing more of/less of?
-How can you improve yourself psychologically/mentally given what you know?

⚪️Study the week's market action
-What were the biggest moves from the market this week? If aligned with your system/strategy, what can you do next time to catch a chunk of those moves?

⚪️Plan for the week ahead
-Note market catalysts/earnings and how will that impact your trading this week
-Plan out A+ trades that align with your system/strategy
-Write out your game plan for how you expect to approach the week (sizing up/down, taking some days off due to data, etc.)
-Write out your game plan for each trade (if x happens I will do a, if y happens I will do b, if z happens I will do c)

[Deep Pocket$ @DeepPocketsITM]

🗓️252 trading days per year

Don't place too much importance on one day, don't place too much importance on one trade ❌

Consistency/Discipline is the name of the game 💎

Small losses and compound base hits 🏌🏽‍♀️

[Deep Pocket$ @DeepPocketsITM]

Happy new year everyone!

To 2024 being the best year 🔒

[Deep Pocket$ @DeepPocketsITM]

$TSLA 🏎️

246 zone support, IF it fails, can lead to a nice move down to 240.

[Deep Pocket$ @DeepPocketsITM]

$AAPL 🍎

191 zone is a key area to watch. Previous support with potential flip to resistance that can provide good room for downside.

191 zone breakdown confirmation -> 187

[Deep Pocket$ @DeepPocketsITM]

📝Year in Review

$2.4M Prop Firm Funded
-$1.5M (Elite Trader Funding)
-$450K (Topstep)
-$450K (MyFundedFutures)

Got funded and transitioned from options to fully trading prop firm futures in September, and since then:
-$109,331 in profits

It's been a great year and really everything took off to the craziest heights towards the end of the year.

Had 3 great months of trading followed by 1 small slump red month in December. Looking back I wouldn't change anything. Performance was at peak during Oct-Nov. Hit a slump mentally in Dec mostly due to needing a break and being out of flow due to external things going on. Proud of how I performed during peak months and how I handled a red month keeping it small and not blowing up during a rough patch.

Excited to run it back in 2024 with everything I've learned and all the areas I'm currently improving on.

Alhamdulillah for everything 🙏🏽

[Umar Ashraf @UmarAshraf]

Stop telling the world what you’re gonna do in 2024, just keep it to yourself and do it.

Make this the year where you talk less and do more.