The Trader X

Trading EPs

[The Trader X @TheTrader_X]

@Venu_7_ @SpecialSitsNews Just to put it into perspecitve: $RDDT had 34mn of insider selling in January

[The Trader X @TheTrader_X]

@mmonis Ah, that's an interesting approach, thanks for the explanation!
Do you use mental stops at these structures (higher lows) or a hard stop? Based on studying your style I wouldn't be surprised if you observe how it acts around that level before deciding if you should exit.

[The Trader X @TheTrader_X]

@HuskyTrader Amazing! I just signed up and will definitely use it from now on! I am curious, where do you get the earnings data from and how has the quality been so far? I have noticed some sources lag or miss recent reports.

[The Trader X @TheTrader_X]

@TannersTrades @HankRuehl Thanks a lot for posting these! Very valuable! I'm looking forward to seeing more of these from you :)

[The Trader X @TheTrader_X]

@stonks_sensei Tom Hougaard has a very similar point in his book "Best Loser Wins". He argues that to be successful in trading you need a very specific mindset, which a majority of the people that try to trade don't have. Those are all centred around losing (some of which you mentioned here)

[The Trader X @TheTrader_X]

@plevchen I see, that makes sense. Do you have a rule when you skip a setup due to upcoming earnings? I'm guessing it's when there is too little time to create a cushion, like less than 3-5 trading days?

[The Trader X @TheTrader_X]

@DojiStar11 Do you classify this as strong due to the price action before and on earnings? The earnings/sales don't look special to me but the price action does.

[The Trader X @TheTrader_X]

@mmonis Very nice entry! Did you use bookmap for this trade?

[The Trader X @TheTrader_X]

@stamatoudism Thanks for the response. In general, why did you decide to go for the 1/4 partial instead of just relying on selling at signs of weakness?

[The Trader X @TheTrader_X]

@stamatoudism I'm curious about your reasoning for selling partials. I understand the advantage of flattening the equity curve and improving the win rate, but doesn't this approach significantly limit the profit on anomaly trades, such as those reaching +50RR?

[The Trader X @TheTrader_X]

@mmonis @bookmap_pro Very interesting, thanks for sharing!
In a hypothetical scenario, under what conditions would you decide to enter, knowing that there is a wall of sellers at 99? Strong catalyst?

[The Trader X @TheTrader_X]

@mmonis Good job! How much of your capital was invested today before the SL started to hit?

[The Trader X @TheTrader_X]

@stonkdadddy @opher50 I think what he meant was that SMCI had an ADR lower than 10% at the start of it's move on 19th January. As of today it does have an ADR of 11%