My goal: as I automate more, this gets cheaper, not more expensive.
Next up: live crypto + stock charts for more people, Phil Bot on every chart, and congressional trades right on the candles.
$15 tier stays $15.
On-Demand price is coming down.
Details soon.
A single large loss often does more damage to a traderโs process than to the account. After a painful hit, many abandon a previously working method and start searching for something โsafer,โ even though the loss was within the expected variance. That reaction replaces a known edge with an untested one at the exact moment judgment is most impaired.
The account can recover from the money; it rarely recovers quickly from the loss of consistency. Returning to the original rules after a large loss, rather than rewriting them, is what keeps the expectancy intact.
The ability to trade smaller than you want is often more valuable than the ability to find better setups. Most traders size according to what they hope to make or how confident they feel, rather than according to what their account and the setup can actually support. Oversizing turns normal variance into emotional pressure, which then leads to early exits, moved stops, and abandoned rules.
Traders who deliberately keep size smaller than their maximum comfort level preserve the process long enough for the edge to appear. In the long run, the restraint on size protects expectancy more reliably than any improvement in entry timing.
The first hour of the session often offers the least reliable edge. Price is still digesting overnight news, liquidity is uneven, and many participants are reacting rather than following a plan. Traders who force entries during this window frequently get caught in false breaks and wide swings that later reverse.
Waiting for the initial noise to settle usually improves both the quality of setups and the accuracy of stops. In practice, the best opportunities of the day frequently appear after the openโs disorder has cleared.
Last week chips broke their long-term trend line. ๐
Today theyโre back knocking on it. ๐
$SOX needs a weekly close above ~9,907 on Friday. Do that, and last weekโs crash was a shakeout, not a breakdown.
$NVDA
Down 13% in November so far. The candle flashed a Bear Flip (provisional), and the averages just squeezed into a Tight coil.
Moneyโs still flowing in, long-term trend still Bull. A big move is loading.
$AMD on the monthly chart.
Record quarter Tuesday. Chip crash to $402 Thursday. Back near $486 today.
Novemberโs candle wicked straight through the short-term trend line and is back above it. The 17-month uptrend is still standing.