Gianluca

[Gianluca @Normantritto]

It's unbelievable how much reality differs from people's believes. Collecting and analysing data for each phenomenon always gives a completely opposite result.

[Gianluca @Normantritto]

Trading the stock market
is nothing more than understanding the dynamics of supply and demand and acting accordingly.

[Gianluca @Normantritto]

This company is so desperate for money right now. I expect an offering today.

[Gianluca @Normantritto]

$APLD Was carefully watching this stock for a potential short trap. That happened eventually, but I didn't trade it.

I was tempted to enter right at the bottom of the circled area (at $4.35 or slightly higher), risking $4.34. Missed huge R/R.

[Gianluca @Normantritto]

The market is always there to surprise you. $GSIT went all the way up to $8.

[Gianluca @Normantritto]

Paper trade on $GSIT. Another short trap setup today. Not the best looking trap but it eventually went quite crazy.

[Gianluca @Normantritto]

For a period I thought I had to find a holy grail, namely a setup which would make me money consistently everyday.

But then I began to realise that certain types of action or setups happen only with specific market conditions.

[Gianluca @Normantritto]

Adding context from current market condition can make a huge impact on each trade.

[Gianluca @Normantritto]

Confidence is a really fragile thing.

[Gianluca @Normantritto]

As of today I think that trading stocks takes quite a big amount of experience + knowledge. But all of that should come down to simpler reasoning when making up a trading plan.

[Gianluca @Normantritto]

I've shown the good charts only so far.

[Gianluca @Normantritto]

@LoveNY28096708 You should never buy and hold scam companies like this

[Gianluca @Normantritto]

Super clear price action on $HCDI. Only looking, no trade placed.

My price target was $17. Did not reach that.

[Gianluca @Normantritto]

Short biased traders have a lot to teach to people who want to understand how long trades work.

[Gianluca @Normantritto]

Was looking at $HUDI in the morning and planned to get in over $4.5. I didn't have much conviction though as I was still gauging the market sentiment.

I lost interest in it after that strong rejection of my level.

Missed the later move but at least it proved my idea right.

[Gianluca @Normantritto]

Can't really understand today's price action.

$TOP only one being super clear, it's like human psychology printed on a chart. Missed it though.

[Gianluca @Normantritto]

Another action I spotted where shorts got trapped. Paper traded this and got in at $0.215, sold half position at $0.26. Unfortunately it didn't hit my final target which was at $0.29ish.

[Gianluca @Normantritto]

Got in at $0.19. Paper trade

[THE SHORT BEAR @TheShortBear]

This bear market has taught us a lot about approaches to the market and gave me some epiphanies as well.

The main one:

If I want to play the long term game, there is one approach, the value investing based after Graham, Buffett, Sleep, Spier, Greenblatt, Lu, Einhorn, Smith and more.

The idea that an O’Neill approach, breakout approach, momentum or high growth approach cuts it is plain and simple wrong.

I got to see all these approaches fail miserably over the past years.

Don’t get me wrong, for most it will cut it during a bull market or even for small accounts during resting periods of a bear market.

When it comes to hundreds or more millions, basically when you want to be part of the biggest league, the only approach left apart from some prodigies within VC and Quant is value investing.

The end game is about accurately forecasting how much cash you get back from your investment minus cost of cash via cost of cash(rates mostly) to cover your initial investment and more.

[Ted Zhang @TedHZhang]

7 Japanese Philosophies that will improve your life and TRADING:

It did for me tremendously.