Phil Trades

Options Trader and Moderator at Bear Bull Traders, Musician, Traveler, Healthy Living Dabbler. Daily small account challenge updates - Follow along! 💸📈💪

[Phil Trades @PhilMuka]

Today marks the day when I get another small account challenge going for the sake of journaling and documenting my trading style for folks here. Had a few false starts in the past as the weather got nice in my part of the world and the list of things to get done exploded, but some of that has subsided now. So let's go!

+2.3R🟢Today trading what I like to call my "Camarilla Correlated Consolidation Break" (or CCCB) trade on $TSLA at the open. I have documented this trading setup in a recent webinar that you can find in the education center at https://t.co/13vQI92vGJ. In short, $TSLA has been consolidating in a tighter and tighter range over a number of past trading days, forming a clear trendline which it was opening just above this morning. As heavy buying hit in the first minute, price rose to the R4 Camarilla pivot level (a common breakout area). I waited just a few seconds to see if selling would come in, but when it didn't I went long, which was also a 1-min orb setup. $TSLA exploded, and I quickly hit my full profit target of 4.7R per trade (majority of position sold at 4R w/ bracket order, remainder sold at 6R w/braket order). For some reason, 1 contract did not get filled, leaving me with just slightly less than a full win. $TSLA gave one retest of R4 before putting in a classic bull flag and then absolutely ripping as it broke high of day/R6 area. It of course would have been nice to take it again, but I had to stick to my rules which say that I can only lose one trade after a winner before calling it a day.

My one losing trade today was on $AMD. It was similarly breaking out of consolidation trendline area from prior days, but it's action was quite a bit choppier than Tesla's. After a brief sell off it came back up to the R4 cam and I took it long as many other clues were in place that it could break out. It eventually did, but I was stopped out on some lingering chop just after my entry. After seeing the perfect longer term setup on $TSLA I should have been looking for another entry there instead of eyeing another stock. $TSLA offered many great entries this am.

Community: @BearBullTraders
Platform: @dastrader ; @bookmap_pro
Broker: @IBKR

#TSLA #AMD #daytrading #optiontrading #smallaccounttrading #howtodaytrade #bbtfamily #bearbulltraders #bbtfam

[Phil Trades @PhilMuka]

A nice couple of days trading with the crew at @BearBullTraders. Caught the nice dump on $SPY with puts yesterday after it consolidated around the R3 camarilla pivot, w/ news coming in to trigger a nice sell-off. Today $NVDA was the trade du-jour with a perfect R4-R6 cam breakout and a ton of strength in the markets overall.

Community: @BearBullTraders
Brokerage: @IBKR
Platform: @dastrader ; @bookmap_pro

#daytrading #smallaccount #optionstrading #daytradingoptions #bbtfamily #daytrader #optionsdaytrader #momentumtrading

[Nature is Amazing ☘️ @AMAZlNGNATURE]

Arches National Park by Elliot McGucken

[Phil Trades @PhilMuka]

Additional trade screenshots...

[Phil Trades @PhilMuka]

Nice🟢today in this wild, wild market. My hit rate on winners in this market definitely goes way up the longer I let things set up throughout the day. Trusting that the volatility will be there later in the day has been my biggest hurdle over the last few days, and transitioning from looking for breakouts/breakdowns close to the open has taken some time. When things finally setup, however, the volatility as of late has always been there to get nice winners. My losses today came from trading too early and not waiting, and all wins were later in the day moves. Need to just keep trusting this observation over the coming days.

Community: @BearBullTraders
Platform: @dastrader ; @bookmap_pro
Broker: @IBKR

#daytrading #optionstrading #marketvolatility #daytradingoptions #learntotrade #bearbulltraders #bbtfamily

[Phil Trades @PhilMuka]

@bennyjohnson As far as I can remember it was district court judges that stayed some of the worst effects of the COVID vaccine mandates. I hope I’m wrong l, and would love if someone pointed it out…

[Phil Trades @PhilMuka]

@zerohedge @TeXerxyz @JoshR51899063 Calls on UUP? DXY? Or a specific pair?

[Phil Trades @PhilMuka]

A few red trades today, with a +7.75R Tesla short to bring me green on the day. I'm finding that my hit rate on winners is much better later in the session in this highly volatile environment. Will be tweaking my trading with this in mind as the week goes on.

$TSLA bought up to R3 and predictably showed weakness there. After further consolidation it bounced from a major trendline, failed to meaningfully regain VWAP and then headed back to the major trendline. I entered with 212.50 Puts on a new 5-min low after the retest of the trendline, with a final profit target of PDC. Spy was also looking weak and some disappointing tariff deal news helped the trade along. Stay safe out there folks!

Community: @BearBullTraders
Platform: @dastrader ; @bookmap_pro
Broker: @IBKR

#daytrading #optionstrading #daytradingoptions #stocktrading #marketvolatility #learntotrade #bbtfamily #bearbulltraders

[Mark Minervini @markminervini]

First, let me say, I'm not a Trump fan... I'm a fan of doing what's best for the country with a long-term horizon in mind.

There are those who argue that we no longer need a manufacturing base in our economy—that it's an outdated sector, and we can comfortably rely on technology and emerging industries to drive growth. But the real question is: Do we want to stake our entire economic future on an undiversified economy?

In my mind, the answer, much like with investing, is no.

Just as a prudent investor wouldn't put all their capital into one or two stocks, a healthy economy shouldn't be overly dependent on a narrow list of industries. Diversification is essential, not just in portfolios but in national economic strategy.

A shift toward a narrowly concentrated economy—one heavily reliant on tech—leaves us vulnerable. We've seen how this plays out: in the dot-com crash of 2000, when overexposure to specific sectors magnified the damage and led to a drawn-out bear market and long-lasting carnage.

A robust manufacturing base provides balance, resilience, and stability. Abandoning it completely risks creating an economy that is dynamic—but dangerously fragile. AI provides opportunities, but it is also accelerating the trajectory of narrowly based structure and adding to the risks.

Do we really want everything to be "cyber" and virtual? Because that's the direction we are going, and fast!

Tough decisions are rarely celebrated in real time—especially in the political arena. They're often unpopular, uncomfortable, and met with skepticism. It's only in hindsight, after they succeed, that they’re recognized as bold or necessary.

It's easy to be a pessimist in the face of tough decisions, and it is even easier to cling to the status quo. But real, meaningful change demands time, discomfort, and above all, courage.

The tariffs President Trump is implementing aim to address several structural challenges—chief among them, revitalizing America’s manufacturing base. Agree or disagree with the policy or how it's being implemented, it stands as one of the most decisive and courageous economic moves made by a U.S. President in modern history. And for the sake of our country, I hope he is successful.

Your comments are welcome. Try to keep them intelligent.

[Phil Trades @PhilMuka]

Had an absolutely incredible weekend at the Bear Bull Traders TEDx BBT trading summit in Vancouver! There is nothing like trading with an amazing community of fellow traders all on their own paths to excellence. As is typical with these events, I’m walking away with many new friends, a TON of useful info to apply to my trading, and the buzz of an amazing experience. Thank you, @BearBullTraders!

[Phil Trades @PhilMuka]

@SJosephBurns Load GameStop Calls

[Phil Trades @PhilMuka]

No wonder fewer and fewer people are taking your party seriously, Robert. Most people just read this as “America”, and see you’re actively campaigning to harm it. Speech like this, along with Tim Walz’s recent gaff about the Tesla stock price, shows the average American voter that your desire for America’s success is solely dependent on whether or not your party is at the reigns. Good luck next election cycle with this type of pathetic griping. By all means do continue though, please.

[Phil Trades @PhilMuka]

As a huge fan of both, it seems Tolkien’s is a world that assumes an underlying supernatural order to reality (theistic), and Herbert’s is a world devoid of this supernatural order (atheistic). The “protagonists” of each world display the differences that the fundamental philosophical differences create. The realism of Dune is more interesting for me, as Paul struggles deeply with the concept that horrible things (according to his inherent code of ethics) must be done to ensure the survival of humanity. Ultimately he cannot accept the path that must be taken, and the cause is instead taken up by his son, Leto II. It is a brutal representation of the downside of true oracular vision, should it ever exist. The power might show you a future that must desperately be avoided, but at the cost of becoming something you previously found brutally repugnant. Compared to this struggle of the soul, the characters choices in LOTR pale in comparison, although not as much so if they aren’t fully devoted to a faith in the higher order and inherent good and evil. Good and evil just appear so clear cut in LOTR, when in reality the lines are ever-blurred, for an intelligent being. Great post, and love the comparison between these two masterful works.

[The Culturist @the_culturist_]

JRR Tolkien hated Dune because its ethics are fundamentally wrong.

The Lord of the Rings is a profoundly different take on Good and Evil — and how to live a moral life.

Here's why… (thread) 🧵

[Phil Trades @PhilMuka]

@joerogan Cool vid, but y’all need a new logo…

[Phil Trades @PhilMuka]

@SJosephBurns Consolidation Pattern Breaks

[Phil Trades @PhilMuka]

@BTMtrade @BearBullTraders Hey, Ian, looking forward to meeting you in Vancouver! Hah bring on the questions and I’ll do my best. You can find my recorded Tuesday webinar room sessions at the link below…

https://t.co/c6iFRRHWoB

[Phil Trades @PhilMuka]

Caught a nice +5.5R move on the $NVDA R4 breakout this morning trading with the folks in the @BearBullTraders chat room. Gave 1R back on a $PLTR breakout that reversed before going higher. Nice ending to the week and I'm very much looking forward to hanging with my fellow BBT Mods and Traders from the community at the world's largest live trading summit in Vancouver at the end of this month! There is still time to sign up for what is going to be an amazing weekend of education, fun, and comradery. If you're interested in learning more, check out the link below:

Vancouver Live Trading Summit & TEDx BBT Event:
https://t.co/CdrGpfA0YY

[Phil Trades @PhilMuka]

Hey, Dick, happy to. There are two different uses of the term “R”. The first is in reference to a specific dollar value “risk” per trade that every trader defines for themselves. My reference to +5.5R in this post means I made 5.5x profit vs my risk on this trade.

The second R reference, ie. “R4”, in the above post is in relation to a type of trading indicator used by many in the BBT community called Camarilla Pivots. “R” in this case refers to calculated upper resistance levels of this system.

[Phil Trades @PhilMuka]

Beyond excited to be attending the @BearBullTraders Live Trading Summit and TEDx BBT Vancouver event later this month. If you are looking to take your trading to the next level with an amazing crew of fellow traders and trading educators, I highly encourage you to consider attending this event. Follow the link below to learn more and to potentially reserve your spot!

Learn More: https://t.co/CdrGpfzt9q

#daytrading #optionstrading #tradingeducation #tradingseminar #daytradingcourse

[Phil Trades @PhilMuka]

@GovKathyHochul Kathy, you have no problem imposing taxes on New Yorkers so we’re not sure what you’re talking about here….