Why do traders fail?
1. They're not obsessed
2. They don't put in the work
3. They lack imagination
4. They're TERRIBLE losers
5. They don't offset their natural tendencies with adaptive behavior/techniques
6. They don't visualize the right side of the chart
7. They don't have a clearly defined edge.
8. They don't journal/reflect.
9. They're not selective with trades.
10. They like to push buttons just to push buttons.
What did I miss? Which one do you struggle with?
$NQ $QQQ Internal shift, ADD HH with price, VOL pattern break, adds momentum to 15m bulls and supports EQ > LH/LL. Now bulls want 5m HLs to prove it
Time to dust this off... $QQQ $NQ Internals NASDAQ story of the morning is holding the ADD 0 line, still in balance so we want a 2nd hold on any 5m HL test that will certainly come for QQQ. I'm watching the overall net VOL to see who has the advantage
$MARA is about to keys Friday's low 10.98. If that breaks we are into daily consolidation. Despite this we are watching an hourly OS bounce IF bitcoin can also get into an hourly lower high move. $BTCUSD #bitcoin#cryptotrading
$RIOT again, bulls didn't rest yesterday but premarket has given us levels to watch. Let the bulls be bulls but I will be paying attention to any weakness, looking for a breach of $12 into LH under $12.65 for signs of further consolidation. 15m backburner on watch $BTC $BTCUSD
PreMarket Show -pounds table - $4098.75 is the key level for ES today- bulls need to defend it for longs to work. $ES_F finds bottom after pregame show at exactly 4098.75. Join us tomorrow for PreGame Show!
$BUD now in balance, 2m EQ. In these situations we look to a directional break of the horizontal rays. If we break bear and set a new LOD then re-test highs it is a major sign of selling weakness.
$ARKK with the #insidebar setup! Premarket showing long interest, looking for the break over yesterdays HOD and for bulls to take out 40.45/51 and bring it home. Lots of room for daily higher lows too. #stockmarket#nasdaq#daytrading