Lance Powell

[Ellis Dillinger 💜 @EllyDtrades]

My feed is filled with

“Historical sell off on $QQQ the last time we did this the market closed 6.7% higher 69 days later!”

“62% of bearish engulfing candles closed higher in the coming session!”

“The only time $VIX went from 16 to 20 in one day is when pirates of the Caribbean released in theaters!”

“I loaded the dip on Friday tap the like button if you’re not scared”

All of this non sense is why 90% of traders don’t make it.

Traders love using stats to justify their love of gambling and feeding their egos.

The ONLY way we can know the bottom is in is when the market reclaims the 8ema on the daily.

That’s it.

Unless I get some really sweet risk free adds I will let the market tell me the bottom is in.

You don’t want to be the first bull led to the slaughter house.

Thank you for your attention to this matter.

[Lance Powell @trooperpowell]

@bill_dowhen @ATF_Chicago You got that right? They said absolutely nothing.

[Lance Powell @trooperpowell]

@EllyDtrades I’m a KISS guy, and I keep getting it right!
That’s “keep it simple stupid”

[Ellis Dillinger 💜 @EllyDtrades]

@trooperpowell its the undisputed back to back champ

[Lance Powell @trooperpowell]

@ChicagoBears I can’t wait until they move Walter “Sweetness” statue from Soldier Field to the new stadium.

[Ellis Dillinger 💜 @EllyDtrades]

486% on $QQQ puts to finish up the day.

Think of trend as your probability meter

When the trend is down the odds are the stock keeps going down.

Never try to out smart the market.

No one knows how low or how high.

The 8ema tells us.

We just follow it.

[Ellis Dillinger 💜 @EllyDtrades]

$QQQ coming to the daily 20ema target.

I worry about missing moves like this.

Not a 20% scalp.

Trade trending assets change your life.

All of this was guided live for free by the way.

Same setups I have been taking for 7+ years

[Lance Powell @trooperpowell]

@TaylorLewan77 Outstanding!!!

[Lance Powell @trooperpowell]

@EllyDtrades You’re a Rock Star for helping everyone!!!

[Ellis Dillinger 💜 @EllyDtrades]

Stop marking your levels manually. I created a FREE Indicator that marks your levels automatically.

To get it:
1) Like
2) Retweet
3) Comment "FREE"
and I will dm you the link (must be following to dm)

[Ellis Dillinger 💜 @EllyDtrades]

My mindset has changed completely.

Instead of worrying about missing 20%.

I worry about missing all day trenders.

I worry about not holding and making a ton of free cash.

Change your mindset.

20% is a stop out not a take profit.

I teach everything I know for free

[Lance Powell @trooperpowell]

@EllyDtrades Patience pays off!! Purple line always wins.

[Ellis Dillinger 💜 @EllyDtrades]

In my early years I used to be so worried about missing the move.

As I studied more and more I realized if I buy as close to an EMA or Level as possible I can change my life

$SPY made a large move off the open and I missed it. So I got filled 60 $SPY 756c off the 8ema tap.

Contracts up well over 130% sold 30 at HOD now riding the rest.

Name a 9-5 that pays you $4,000 in 40 minutes while eating lunch

With PDT gone now is the BEST time to be a retail trader.

[Ellis Dillinger 💜 @EllyDtrades]

Good morning all small accounts just got a massive upgrade.

Unlimited day trades.

No more worrying about running out of settled cash.

You now have access to the big account playbook.

Welcome to the big leagues now let’s make some money

[Ellis Dillinger 💜 @EllyDtrades]

Your biggest loss is usually one trade after your biggest win.

Why? Because confidence makes you size up. And sizing up on a mediocre setup is how a great day becomes a terrible week.

After every win, I do the opposite of what feels right and you should too.

[Ellis Dillinger 💜 @EllyDtrades]

Yes I swing trade using the same strategy I talk about.

Here is how to copy my strategy

On Monday I entered a decent sized swing on $POET at average of 13.76.

Some of my limits filled Premarket Monday and I locked in some profits with my stops around break even (letting it breathe its a swing trade.)

The stock closed at the highs today and I am up comfortably on my position with 0 stress.

If it gaps down and takes out my stops? I already locked in some profit so I don't mind.

This was a simple daily 20ema bounce which I prefer over the daily 8ema as in weaker markets the 8ema doesn't hold up as well (you may have noticed that today.)

Every 1,000 shares is $1,000 in profit.

PDT is gone tomorrow you need to learn these setups to change your life.

Stop swinging options any news and you'll lose a bunch of money.

Shares are easy to swing.

Lock in

[Ellis Dillinger 💜 @EllyDtrades]

The reason a lot of people were red today is they didn't follow this rule.

If $SPY and $QQQ are going down you focus on puts.

$SPY Below the Premarket Low and Previous day low for bearish outside day.

Buy puts at the 10m purple line, sell LOD

Don't overcomplicate it

[Ellis Dillinger 💜 @EllyDtrades]

$SPY Double topped on the daily.

After the greatest rally in recent memory and life changing money being made.

A caution has been issued to the LE Fund to reduce some risk.

Pullbacks are good for swings and normal.

[Ellis Dillinger 💜 @EllyDtrades]

Your group chat is talking about a stock

It looks incredible.

You bought it.

Stock tanked.

Now you're bagged.

The LE Model exists because I needed a process that doesn't care about group chats, hot tips, or anyone's opinion.