EricSwingTrader

17 y/o, been stock trading since March 2024

Building a 9EMA system, current swings: Cash

[EricSwingTrader @Eric_Scruffy]

I posted a version of my 9 EMA strategy on $AMPG, and I got some hate, so im going to explain more about what my strategy is.

So here it is: The thing that has kept me from getting bagged chasing hot stocks:

Take a minute to read.

Good ticker ≠ good entry. 🧵

[EricSwingTrader @Eric_Scruffy]

Don’t get bagged on $AMPG.

The stocks that @wliang and @sunxliao find are great for exposure, but I strongly recommend not buying as it’s climbing, unless you’re VERY early.

While it could continue to rip here, it’s strongly unlikely and the downside is too high.

$AMPG is 30% above its daily 9ema right now. Just wait for a retest of that technical indicator, because it will happen, sure you could miss more potential upside, but entering at a logical level like the 9ema makes more sense then FOMOing in now.

No hate to @sunxliao and or @wliang, they find amazing tickers that you should take advantage of.

Just be smart with your money, and have a plan.

I’ll personally be buying the 9.

Good luck everyone 😊 🚀

[EricSwingTrader @Eric_Scruffy]

@richiecuentos Find hot stocks

Buy 9ema with a 6% stop max

take profits

Repeat.

[EricSwingTrader @Eric_Scruffy]

$TE

Took this off the daily 9.

Fills all the rules of my system, but I don’t love the daily RSI 😟

In at 10.70.

[EricSwingTrader @Eric_Scruffy]

Stopped out.

Should have trusted myself and took a no trade day.

[EricSwingTrader @Eric_Scruffy]

@AthenTrades

[EricSwingTrader @Eric_Scruffy]

@159Adir52550 You win some you lose some.

Just the way it is.

[EricSwingTrader @Eric_Scruffy]

$HLIT

If I had settled cash I’d take this 10/10 times.

[EricSwingTrader @Eric_Scruffy]

The same thing on $AMPG goes with $HLIT

If you want to take the risk, go for it, it has a good thesis, but for me, I am waiting to buy at the daily 9.

See the chart idea below.

Good risk-to-reward builds profitable traders.

@kevinxu has been doing great, but don't FOMO.

[EricSwingTrader @Eric_Scruffy]

@3KComeback You got that

[EricSwingTrader @Eric_Scruffy]

@krasko1199362 Maybe. I have a Roth and then my swing account.

I feel like the compounding on swing trading would be exponentially higher than investing.

[EricSwingTrader @Eric_Scruffy]

Proof that this works:

$CIFR $DGXX $APLD etc.

I took some losses, but they were small.

Focus on taking your profit, not getting attached, and moving on.

Genuinely thankful to everyone who’s helped me in my trading journey.

This strategy has been my trading breakthrough🫡

[EricSwingTrader @Eric_Scruffy]

I posted a version of my 9 EMA strategy on $AMPG, and I got some hate, so im going to explain more about what my strategy is.

So here it is: The thing that has kept me from getting bagged chasing hot stocks:

Take a minute to read.

Good ticker ≠ good entry. 🧵

[EricSwingTrader @Eric_Scruffy]

Marked the rough top.

Marked the rough entry.

Now up 35%

$AMPG

The 9 EMA system has changed my life.

[EricSwingTrader @Eric_Scruffy]

Don’t get bagged on $AMPG.

The stocks that @wliang and @sunxliao find are great for exposure, but I strongly recommend not buying as it’s climbing, unless you’re VERY early.

While it could continue to rip here, it’s strongly unlikely and the downside is too high.

$AMPG is 30% above its daily 9ema right now. Just wait for a retest of that technical indicator, because it will happen, sure you could miss more potential upside, but entering at a logical level like the 9ema makes more sense then FOMOing in now.

No hate to @sunxliao and or @wliang, they find amazing tickers that you should take advantage of.

Just be smart with your money, and have a plan.

I’ll personally be buying the 9.

Good luck everyone 😊 🚀

[EricSwingTrader @Eric_Scruffy]

Just closed the position.

Only a 5% trade, wanted more but don’t feel comfortable holding overnight.

If it runs, honestly that’s fine.

Always will be another setup, and stocks ALWAYS come back to the 9 EMA.

🫡

24.73->26.04 or just about 5%

$CIFR

[EricSwingTrader @Eric_Scruffy]

$CIFR

ENTERED AT 24.73!

Clean bounce of the 9, risking less than 4% 💯

[EricSwingTrader @Eric_Scruffy]

$SPY

What is this 1 minute price action right now 💀

[EricSwingTrader @Eric_Scruffy]

@grivanul @SRxTrades I use the 9ema, and then just buy.

Making sure I have a close stop (max 6%)

[EricSwingTrader @Eric_Scruffy]

I’m amazed that more people don’t use the daily 9.

Literally has changed my trading career.

Past few trades:

$CIFR 5% so far

$DGXX 10%

$CIFR 15%

$RGTI 15% (sold for 3% loss)

$CIFR 10%

$WYFI -4%

$APLD 15%

2 losses, both less than 5%

5 wins, all over 10%.

[EricSwingTrader @Eric_Scruffy]

$CIFR

ENTERED AT 24.73!

Clean bounce of the 9, risking less than 4% 💯

[EricSwingTrader @Eric_Scruffy]

@grivanul @SRxTrades This is very similar to my system.

[Sean trades @SRxTrades]

How to trade the 30m pivot

[EricSwingTrader @Eric_Scruffy]

$CIFR -6% to now green on the day.

And we caught the move 🫡

[EricSwingTrader @Eric_Scruffy]

$CIFR

ENTERED AT 24.73!

Clean bounce of the 9, risking less than 4% 💯

[EricSwingTrader @Eric_Scruffy]

@159Adir52550 It still was.

The setup was solid, but it broke.

Quick stop and move on.

Can’t win them all, but keep your losers small, winners big.

[EricSwingTrader @Eric_Scruffy]

$APLD

Solid setup 👀

[EricSwingTrader @Eric_Scruffy]

@3KComeback LFG

[EricSwingTrader @Eric_Scruffy]

@richiecuentos Daily.

Example:

I just took a long on $CIFR this morning.

[EricSwingTrader @Eric_Scruffy]

Until $SPY clearly loses the daily 9, you should be bullish

Flip bearish to soon you leave money on the table

$CIFR $RDW $IREN $NBIS $SPCE $APLD $DGXX

Find some stocks you like

Make sure $SPY is above the 9ema

Buy your stocks on tests of the 9ema

Set a stop and repeat