Everything in life can pretty much be reduced to:
> Define the outcome you want.
> Identify the highest-leverage actions that produce that outcome.
> Execute those actions consistently until the next-best use of your time has a higher expected return.
> Measure results, update your beliefs, and repeat.
Filter out the noise. Only take the best, premeditated opportunities. Enjoy the quiet stretches when they show up. Trail moving averages. Get off the screens. Religiously set upside and downside alerts on every chart that matters to you. Don’t risk more than 1% of your account on any trade. Follow a documented process, even if it's super simple. Be in a rush to not be in a hurry. Repeat this process all year. Hit me at year-end and tell me how it went.
$NXT put in a low risk u&r back test yesterday and now trying to reclaim 50sma
Do you see the significance of that level? It was the 6th time it’s come back to that level. U&R life
$QBTS - Day trade I have in mind for tomorrow..
Bullish inside day candle printed Fridays session just below that $20 breakout spot.
Love the way volume was low to further back up the contraction while sellers/buyers fight for the title
Expecting some expansion tomorrow..
Looking for a "RED 2 GREEN" for an entry!
$TSLA
Literally couldn't ask for much more out of this name!
This is why its so important to have your OWN plan..
A few weeks ago everyone was talking about taking profits but now don't have a position in one of the most liquid leaders in this bull market.
(providing its not a bear market rally)
To be clear taking profits is how we make money but for me personally following your own plan and adding to winners is how I see outsized returns.
On ugly📉 market days like today, I still Love🤟 my job!!!!!!!!!! Market speculation is the most rewarding, mentally🧠 and financially💵💵, endeavor of all. The best part of downtrends📈📈 is, they set up the next life changing opportunity. The "Golden Goose of Capitalism" ensures it!
"wouldn't be surprised if we see this attack $70k soon"
Most of my feed was calling for lower when I posted that previous tweet.
Only to yet again flip bullish when the uptrend continued.
Block out the noise & trade the chart!