Steve McIntosh

Equities trader. Always bet on the fastest horse. Losers add to losers. Winners add to winners. Ranked 2nd USIC 2026, 6th USIC 2025 in money manager division.

[Steve McIntosh @edgeofsteve]

There are waves of dip buyers that missed the rally off the April lows.

These buyers have to be punished before the market can resume the uptrend.

Don’t be one of them.

[Steve McIntosh @edgeofsteve]

Chop day. Good day to do nothing or the least amount possible.

[Steve McIntosh @edgeofsteve]

@VinRips I got in some shorts at the start of the day. All covered except for a short in $CVNA.

95% cash. Ready to go shopping when the time is right.

[Steve McIntosh @edgeofsteve]

Really enjoyed participating in this week’s conversation about current events. Thank you Norm for putting this together.

Check it out!

[US Investing Championship @USICOfficial]

Our most recent Top Trader Insight podcast is now available at https://t.co/31ZqPWH47z. I recommend it highly. Please click on the subscribe button if you enjoy it.

[Ariel Hernandez @RealSimpleAriel]

Think back to all the stocks that helped push the market higher from 4/8 to 6/1:

$SNDK $MU $INTC $ARM $DELL $AMD $GOOGL $MRVL $AAPL and dozens of others.

Now show me the clean bases they've built since then.

Do they look ready to lead the market meaningfully higher right now?

And people are surprised things are choppy?

This is exactly why so many newer traders struggle. They forget that consolidation is part of the process. Stocks rarely go straight up forever. Before another sustained advance can occur, leaders often need time to digest gains, shake out weak hands, and build tight 3–7+ week bases.

Instead, many traders try to force themselves back in before that process has played out. Patience isn't always exciting, but it's often where the edge comes from.

[Steve McIntosh @edgeofsteve]

The easy shorts of this pullback are likely over. Now it’s time to pay attention to what sets up long.

[Steve McIntosh @edgeofsteve]

I like BTS but I had to short the dead cat bounce on South Korea ETF $KORU. Just facts. Entered $KORU 730 covered 673.

[Steve McIntosh @edgeofsteve]

Took $AXTI short for 12 points. Entered 89 and exited the last piece at 77.

[Steve McIntosh @edgeofsteve]

@ChartKumar @RichardMoglen Looks similar

[Steve McIntosh @edgeofsteve]

Another great short today:
$SOXL
Entered at 217. Covered the last bit at 164. Absolutely savage if I do say so myself.

[Steve McIntosh @edgeofsteve]

I took $SNDK short today for almost 200 points. All covered.

Entered at 1759, covered the last bit at 1577.

[Steve McIntosh @edgeofsteve]

Market fat pitch incoming ⚾️

Leading stocks coming down to just give you a killer an entry for the next leg up.

Not today, but sometime in the next few weeks. ⏱️

[Steve McIntosh @edgeofsteve]

I am had the privilege of being part of this week’s session. It was a great conversation and I’m looking forward to seeing the final edit 🎥🎬

[US Investing Championship @USICOfficial]

We just concluded another outstanding session of Top Trader Insight. The show should be ready tomorrow. I'll tweet the link here when it's available. Have a great weekend!

[Steve McIntosh @edgeofsteve]

Unlike other professions where battling competitors is a daily struggle, Traders are only competing with themselves.

This means that there is a world of experienced traders more than willing to share and help you along your journey.

The collaboration and teamwork is one of the things I love most about trading.

@SteveDJacobs is one of the best. He shares his insights freely and is part of what makes these communities so powerful.

[Steve Jacobs @SteveDJacobs]

I have the honour and pleasure of hanging out daily with the most amazingly talented traders in the best trading rooms MarketPulse & DTR:

@RealSimpleAriel & @NickDrendel stream every market session in MP, with amazing guests such as @Peoplewish , @Clement_Ang17 , @edgeofsteve 🧠

👉🏻 https://t.co/Jgn590YUSH

👉🏻 https://t.co/HESrvaBV7I

I share my live scans and trades in these two Discords where many brilliant traders openly collaborate selflessly … hope to see you there!

[Steve McIntosh @edgeofsteve]

If you think you gave back too much this week, the right question to ask yourself is not:

“how do I make back what I just lost?”

but rather:

“what do I need to do to make 100% on the other side of this pullback?”

This will get you in the right frame of mind to be patient for a fat pitch.

[Steve McIntosh @edgeofsteve]

@cweeks112 It did amazing. I’ll happily buy it back when the time is right.

[Steve McIntosh @edgeofsteve]

Today was an expectations breaker. A change in character.

I ended the day 100% in cash and about 6% off account high’s. I started exiting positions once the Nasdaq rejected VWAP for the third time, mid morning.

The last position I sold was $TWLO. Hard to let it go, but eventually relative strength will get taken to the wood chipper.

Sure, I wished I had trimmed more earlier this week. But I had already exited all of my longs that went parabolic over the past week. Names such as $MRVL, $ARM and $DELL.

More importantly, I am super excited for what is to come on the other side of this pullback: a second chance at bat to catch the next leg in this year’s monster stocks 💪.

As these names pull into the 50 day and give a low risk entry, that’s the spot.

[Shake Pryzby @ShakePryzby1]

#trading