Think through the logic of this trade and the tactics. There are thousands of newsletters and discords aimed at retail traders. 95% of them are trading similar style of momentum, market leaders, bull flags and have same approach of going through top momentum names in night and putting out a watchlist for their subscribers who are blind followers.
So when they put these names in watchlist with buy points you know buying is going to come in next day.
All that you need to do is from run the newsletter followers by doing work at 3 PM and entering them before close.
I have studied all these popular services, many of them run by ex stockbee members who have thousands of followers. So you just front run them 😉
Once you know what you are looking for you can find them easily and quickly, it is called procedural memory.
There are softwares and scans which allows me to do it plus operating from watchlist where you know you are going to buy if it breaks out.
There are thousands of traders who do this daily. It is one of the ways to swing trade.
The 9/21EMA crossback continues to be one of my favorite areas for momentum returning to a leader.
You just needed to recognize the character change and catch a piece of the trend.
+50% on the underlying in 12 trading sessions, right off the 9/21EMA crossback.
Chart: $MU.
@PradeepBonde I know the setup and process but most of the time I don't follow it - like I am being hijacked by another personality! Any tips to overcome this: how can I follow the setup/process consistently especially while on trade?!
How to book the flights deals I post here?
1. Search the flights on @Skyscanner
2. Check the prices on the relevant aggregator
3. Once you have drilled down on the desired dates then again check on @momondotravel (they deep search flights and give you all options)
4. Check the relevant aggregator
5. Check the same flight on the respective airlines website and check the prices
6. Now search the same flight one way and check total price. (Sometimes one-way flights are cheaper than booking a round trip)
7. Now book from the cheapest but a reliable aggregator site.
8. If booked from an aggregator, check the PNR on the airlines website too to reconfirm
9. Sometimes a really good deal is posted which if booked, wait for 2-3 days before making travel plans. As in case of any pricing mistake, airlines sometimes revoke the tickets. If not make plans.
Note:
- Just don't run behind discounts. If the discount is not that huge always go with a reputed aggregator as in case of any issues you need a robust customer support
- Booking direct with airline has its pros if the rates are almost the same
- Some airlines and aggregators offer insurance or cancel anytime option. Don't blindly trust what's shown on screen. Dark patterns. Call their call center and ask all details and record the call. In case of any issues you'll have proof to fight with them. (Trust me don't be lazy and do this activity)
- Each airlines has its own rule in case you have just your first/last name in your passport etc. Don't blindly book putting same name as surname etc. Some airlines want you to book LNU (last name unknown) or FNU (first name unknown) etc.
- Aggregators have integration (backend APIs) with the relevant airlines website which pass your data to airlines to book your ticket. Always check all details on the ticket or the airlines website. In case of any mismatch highlight ASAP.
- Always use the incognito mode on your browser to book your flights + also be logged in your account which will give you all relevant offers.
Hope this helps. Happy Bookings and Travels !!
#JanhitMeinJaari
If you haven't done so already, check out https://t.co/3glqIxYWGX It's a great for showing EPS / Sales projections. It's a nice little tool created by @HuskyTrader - it will even show number of funds ownership.
Chris Bumstead is one of the greatest bodybuilders of all time. He has mastered the process of getting extremely lean.
Many are looking to cut fat at the start of the year, so here is his best piece of advice for those looking to lose weight (or anyone looking to achieve anything hard in life):
Qullamaggie on You Want to Buy Stocks Here
“Like stocks and cryptos and all asset classes, they move like stairs, okay? This is how they move generally. They make a move, then they go sideways or pull back. Make another move, go sideways and pull back. Make another move; this is how stocks move right. If you study any stock that’s up many hundred percent or thousands of percent over many years, this is how they move, okay?
They move in stairs. Out job is to buy it here. Our job is not to buy here, not to buy here; our job is not to buy here. Our job is to buy it at the exact time it starts to build the next step higher. This is our job.
We’re not gonna be hundred percent correct. My win rate is 25%, but you know the key is all about small losers, big winners, okay? This is what we are looking for, right.
And then you get the moving averages, the 10-day, the 20-day, and the 50-day. The leading stocks keep surfing those moving averages, and that goes for crypto too.”
When I recorded this video on #silver it was trading at USD 26. I suggested to start SIP on it asap.
Frankly never realised that it would touch USD75 so fast.
The best way to play commodities investing in long term is SIP and it worked wonderful for me. Cant time investing.
If indicators alone were enough, trading would be easy and everyone would win.
In reality, success comes from psychology — discipline, patience, and emotional mastery — while indicators simply support decisions.