“How did you know?”
Experience.
I’d be pretty concerned if I didn’t have a feel for the market after staring at $SPY for over a decade.
And if I can do it, so can you.
Believe me, I’m retarded.
@shentrades London ran it to $745. NY’s job is to reverse. $744.50 PMH = put entry on first touch rejection. Target $743.85 → $740.92. Stop above $745.02. 🚀
In early 2021, retail traders coordinated to mass-buy $AMC stock, forcing short sellers (who had heavily bet against it) to buy shares to cover their losses, which drove the price from under $5 to nearly $72 in a matter of weeks.
This is one of the outcomes:
"I'm done donating my life!"
Sums it up quite well.
This is the status for a majority of America. DC, the elite political & media class, have never been more removed or detached from this reality & these people.
No matter what they SAY, this will still be people's reality.
@Glitch_Trades@itsCblast Protect capital above everything. Your only job on a bad day is to still be in the game tomorrow. A -10% day is recoverable. A -50% day from revenge trading is not $SPY
Most retail traders avoid ATHs because they feel like the stock “has run too much.” That’s a mistake. There’s no overhead resistance at an ATH because no one is sitting on a loss waiting to sell. Every single holder is in profit. That’s a low-friction environment for continuation
It’s hard to swallow but your first loss is your best loss. Taking a small, planned loss and moving on is a skill. Most beginners wait for “maybe it comes back” and turn a $25 loss into a $150 loss. $SPY
@vulturetrades Most retail traders lose money on 0DTE options. The edge comes from strict level selection, disciplined entry timing, and hard risk rules, not luck or volume