Mike Godshall

Software Developer and Day Trader. I'm a price action trader that focuses on Wyckoff and VSA.

[Mike Godshall @mikegodshall]

@robinebers I just tested dynamic workflows/ultracode on a review task and it spun up 60 agents over the course of the review! Each agent seemed very focused and most used less than 50k tokens. Seems promising.

More details here: https://t.co/6S7UpF0T4j

[Mike Godshall @mikegodshall]

@robinebers Did you drop Ref for Context7?

[Mike Godshall @mikegodshall]

@WyckoffAnalysis Sounds fun! I'm interested in contributing.

[Mike Godshall @mikegodshall]

@jaredtendler I'm trying to decide between the print or audio book for The Mental Game of Trading. Are there important illustrations, figures, or exercises in the print book that are not included in the audio book, or is the content about the same?

[Mike Godshall @mikegodshall]

@LondonDayTrader Yep, scratch day for me. Minimized my winners or got faked out before the move. Always good lessons to be learned though!

[Mike Godshall @mikegodshall]

@markminervini Here are a few things I found helpful for my neck: 1) Only use 1 monitor and it should always be at eye level whether you are sitting/standing 2) Position your keyboard/mouse so your shoulders are fully relaxed (you should not need to lift your shoulders at all)

[Mike Godshall @mikegodshall]

That first "ST" (Secondary Test) should be "AR" btw for Automatic Rally. Wyckoff trading range terminology for those who don't know.

[Mike Godshall @mikegodshall]

Wow, big wash on $WKHS this morning. I had a great entry for it, but wasn't expecting such a big drop so minimized quite a bit. Sticking with my normal 1/3 profit taking strategy would have kept me in with a runner. Good lessons though! #Wyckoff #BBTFamily

[Mike Godshall @mikegodshall]

Really nice reversal day on $UBER, although I find it can be a difficult stock to trade at times. It likes to tease me with high conviction setups, then fake me out with unexpected price action. By the time its ready to move, I'm too eager to get out! #Wyckoff #BBTFamily

[Mike Godshall @mikegodshall]

I've been stalking $AMD for a few days for a move higher or lower. Got chopped up on it for small losses yesterday, but finally saw a clear change of behavior today for a clean move lower. #Wyckoff #daytrading

[Mike Godshall @mikegodshall]

@higher_image I was using 1 min charts before I switched to 5 min. I still like 1 min, but I'm trying to be more disciplined in my process and find that 5 min provides higher quality setups. I miss out on some setups as a result, but I've come to accept that I don't need to catch every move.

[Mike Godshall @mikegodshall]

I haven't posted much the past few months because I switched to using 5 min charts which has taken a lot of practice and journaling to adjust. The quality of my trade selection has greatly improved on this timeframe, giving me greater confidence in my trading. #Wyckoff #BBTFamily

[Mike Godshall @mikegodshall]

Nice reversal on $PLTR after filling the gap and putting in a spring at prior resistance (now support). Looked like it was going to fail for a minute but immediately recovered, fueling the move higher. #Wyckoff #BBTFamily

[Mike Godshall @mikegodshall]

@NelsonTrades @StangColton Glad to hear that, Richie! Giving too much attention to losing trades usually leads to more losing trades. Gotta break the cycle by flooding your mind with winners! Credit to @markminervini for the inspiration.

[Mike Godshall @mikegodshall]

@NelsonTrades Nice move on that second trade! Great work being patient and scaling out along the way.

[Mike Godshall @mikegodshall]

Beautiful long setup on $SPCE this morning with a breakout over resistance from the prior 2 days + backup into resistance with poor quality selling + spring. Started working immediately and went straight for my targets. Great way to end the week! #Wyckoff #BBTFamily

[Mike Godshall @mikegodshall]

@JackCorsellis Congrats, Jack!

[Mike Godshall @mikegodshall]

@NelsonTrades Sorry to hear that, Richie. A process I find helpful when I'm not trading well is to go back and review my best trades to remind myself that I'm capable of being a great trader. I stop reviewing losing trades altogether and fill my mind with winners. You got this!

[Mike Godshall @mikegodshall]

@kashter Thanks! A spring is a test of a key support level that initially fails to hold but is immediately bought back up above support. It often triggers stops for bulls and tricks bears to short. The reverse idea can be used for resistance levels, which is called an upthrust.

[Mike Godshall @mikegodshall]

Nice move higher on $AMD today after shaking out weak longs at the open and holding gains. #Wyckoff #BBTFamily