Reed

Trading the stock market full time

[Reed @reedstrades]

Very nice breakout $SPY

[Reed @reedstrades]

if you really pay attention, your watchlist can be a guide for situational awareness

Especially if ur main focuses are liquid larger caps or names in theme

A lot of times in premarket / the opening drive time period you should already have a pretty good gauge/bias as to what is likely to work or not work

it takes a bit of time but once you get good at it it's pretty powerful

[Reed @reedstrades]

6/7 I said this

Situational awareness will save u

[Reed @reedstrades]

I think bounce is likely on Monday

But also it’s hard for me to see a full recovery here, maybe a short term one.

But I think what’s more likely is a period of chop here. Which I’m not mad about, the cool off periods are a good thing - the best opportunities truly do come AFTER a period of chop / downside.

[Reed @reedstrades]

im trying to clean up my tc2000 workspace

Why doesnt it let me delete ANY conditions?? I press delete and it just does nothing

[Reed @reedstrades]

in most names still looks like lower high action to me

I think $SPY may need a proper breakdown

[Reed @reedstrades]

Yea mister leopald may have blown the bag but I mean the guy got heart u can’t deny that

Pretty generational run 😂

[Reed @reedstrades]

My LC DT strategies could benefit so much from options I just know it

I just don’t know if I have enough brain cells for that

[Reed @reedstrades]

Not textbook, but still such a sick opportunity

$INTC $SNDK $CRWV 😋

2nd P/L from the small account I’m scaling

[Reed @reedstrades]

LC DR’s look even better if we hold weak into close

[Reed @reedstrades]

Awesome sauce

[Reed @reedstrades]

@mvnnnyyy Balls of steel

[Reed @reedstrades]

LC DR’s look even better if we hold weak into close

[Reed @reedstrades]

Idk how I forgot to add but also:

$INTC + $SNDK

[Reed @reedstrades]

my favorite candidates for potential DR longs going into tomo

$TEM
$TSLA
$UPST
$PL
$HOOD
$POET
$CRWV
$CRDO
$MRVL
$KEEL
$ALAB
$AMAT
$WOLF
$UMC
$MXL

[Reed @reedstrades]

@StaresAtCandles Daily reversal, meant to type that out - just the acronym I use haha

[Reed @reedstrades]

@Lolomat64317383 💪

[Reed @reedstrades]

Biggest edge MOST of us retail traders have is turnover

If you compound your risk up/down with performance, catching frequent smaller sized gains will always outperform catching a few big gains

When I realized this I stopped trying to hold shit for months or weeks and focused on a lot of smaller gains banking most profit in 2-4 days of entry - this made me 10x more money

10 10% gains outperforms 1 100% gain by a pretty hefty margin

[Reed @reedstrades]

I would really like a flush down to 200EMA on indices

Quick correction - give us a lil reset

Free money is always after those type of scenarios

[Reed @reedstrades]

fuck i have no BP

[Reed @reedstrades]

I think some more chop is probably likely tho

[Reed @reedstrades]

Looking like lower high action in most names to me