The goal was never to sit in front of the charts all day.
Find your setup. Wait for it. Execute. Walk away. 📈
I’ve had a lot of people ask how I actually trade, so I put together a breakdown of my strategy.
Comment “PLAN” and I’ll send it to you. 👇
Been looking at the Fear & Greed Index lately, and I think a lot of people look at it the wrong way.
Here’s how I personally look at it when it comes to long term investing.
Extreme Fear: This is when I start looking for opportunities. Good companies can get dragged down with the rest of the market.
Fear: Start buying slowly. No reason to throw all your money in at once.
Neutral: Keep holding and stick to the plan.
Greed: Start paying more attention to valuations and consider taking some profits.
Extreme Greed: This is where I’d be more careful about buying. Just because everything is going up doesn’t mean it’s a good entry.
One thing I’ve learned from trading options is that chasing price usually doesn’t end well lol.
I’m trying to apply that same mindset to my long term investments.
I’d rather buy when everyone is scared than chase something after it’s already gone up 30%.
Obviously the index isn’t a guarantee that we’ve hit the bottom, but it’s something worth paying attention to.
What are y’all buying during extreme fear?
Another week in the books. Gonna spend some time this weekend going over my trades and seeing what I could’ve done better.
Even on green days there’s always something I could’ve executed better, especially my entries and exits.
@tem_trades@Neesh319@QuantumEdgeCo
Another reason why I like using FIB on $QQQ.
Price pulled back right into the 50% retracement, tapped it and rejected. Then continued selling off and broke below the previous low.
Sometimes all you gotta do is wait for price to come to your levels instead of chasing it.
On the personal account we hit a banger ☢️
100% in less than 10 minutes.
If you want to learn how to trade comment the word “Strategy” I’ll send it for FREE
I used to sit in front of the charts all day thinking the more I traded, the more money I’d make.
Most of the time I just ended up making more mistakes and giving back profits I had already made.
Now I try to get my trades in within the first hour and call it a day. No reason to sit there all day forcing trades.
OH my the discord is banking....$QQQ nice breakout. so many bullish confluences with buy imbalance. $NDX 29810 from 38.4 to just saw 100.
#options#quantumedge
If you trade $SPY or $QQQ , start marking your levels before the market opens.
PDH, PDL, support and resistance.
You’d be surprised how many times price reacts around these levels. Makes it a lot easier to plan your entries and exits instead of just guessing.
I gave the server my thoughts…
Specifically talking about $TSLA , mentioned it to break pre market low and retest.
Just like that! Simple, easy and profitable strategy.