user

[user @username147295]

Your strategy didn't lose that money. You did.

[user @username147295]

Your discipline isn't measured by the trades you take. It's measured by the ones you don't.

[user @username147295]

Traders spend 10 hours finding the perfect setup and 3 seconds deciding to ignore it.

[user @username147295]

My strategy works. I've seen the backtest. I just can't seem to trade it.

[user @username147295]

Things every trader thinks but never says

The trade wasn't in your plan. You took it anyway. Now you're calling it a 'learning experience.'"

[user @username147295]

The stop loss was right there. I just moved it a little.

[user @username147295]

A journal documents your mistakes. A checkpoint stops them from happening.

Every trading app built in the last decade got this backwards.

[user @username147295]

Journaling your trades is cope.

You already know why you took that trade. You just don't want to admit it.

[user @username147295]

Trading is a game where whether you win depends on your ability to follow your rules.

TRAITOR forces you to follow your rules.

[user @username147295]

My biggest trade yet.

Sat on my hands until TP was hit.

Small steps compound.

Taking it a day by day.

[user @username147295]

Keep an eye out boys

[user @username147295]

2025: 12k to 100k

[AscentForge | Self & Relationship Mastery @AscentForge]

@DearS_o_n Slow success builds character, while fast success builds ego.

The journey shapes you, instilling resilience, wisdom, and humility. Quick wins can inflate your ego, but true growth comes from enduring and overcoming challenges over time.

[user @username147295]

@_TJRTrades Am I tweaking or are we not able to view BERT on trading view anymore?

[AsymTrading @AsymTrading]

Some of my favorite Dan Zanger Interview quotes:

“I test the waters on a lot of stocks that break out, and I probably sell at least 50 percent of them either a minor gain or loss because they aren’t acting the way I want them to. It’s just like fishing — you never know when you’ll get a big fish on the line. One thing is certain — if you don’t step in and buy the stock on the breakout, you won’t have a chance to know what you’ve got. So I do a lot of fishing.”

One of my rules is to only own stocks that are bid up aggressively, as that’s a strong sign a stock is going much higher and is far less subject to failure.

“And typically it’s the drawdown in your portfolio that tells you not to trade. Getting to the point where you can say, “This is a bad market; stay out of it” and avoid taking the drawdown — takes a long time.”

"Certainly, you always want a good price," Zanger said. "But I'm swinging stocks that are making $3, $6, $10 moves in a single day; I'm not going to worry about 50 cents."

“I look for a stock that’s moving up, the one that makes the biggest gain of the day and then wait for it to give me a beautiful pattern.”

“If you want this lifestyle and the rewards it can bring, it will take time and heartache before you can put it together. And spotting a correction and being ready to go to cash is top priority for surviving.”

“Many people have sent me pattern recognition software that they have setup on various soft ware platforms such as TradeStation, or some other software. They run all these scans and here are all these patterns. They come up with all these patterns, but nothing moves. So, you really have to find what moves and then find the patterns that they create. I have initially miss the first move of a stock, but I will track it for a month or two waiting for something to set up as opportunistic to buy either a breakout to the upside or a potential sell to the downside”

“When the institutions are buying the stock en masse on volume I will buy the stock too. When I see a stock beginning to move on heavy volume, I will be a buyer with the other institutions. Volume is extremely important. It fact it’s everything.”

“This is a big fallacy for people who are trying to trade off of chart patterns. They think that patterns are the new thing (deleted) and that is a no fail system. Patterns just give you a leading indication of which stocks are ready to move. Be prepared for the failures. Be quick to cut your losses. When they really start to move big with big volume you need to really step into the stock heavy”

“As the stock breaks out I might test the water on it and buy 30 – 50% of the position that I really want to buy. So if I want to buy 200,000 shares of a stock like a Google, I would buy 70,000 to 100,000 shares of the stock and see how the stock reacts then I may wait an hour or two and see how the stock is moving. Then, as the stock continues to move up with heavy volume and is not timid making new highs, I might add another 30,000 to 40,000 shares up to 75% of the position that I want. I may wait 4-5 days to see how the stock acts and then add the final 25% of the position I want.”

“I would always check out of a stock that was not going anywhere and go right into another one that’s moving up and I still do this pretty much today”

“I like to trade the leading groups of the market at the time. Groups vary and every market move sees a different set of groups on the move. It really depends on the trends and themes of the time and those are the ones that I focus on.”

“Volume is really the only thing that I watch. I look at the chart patterns. Sometimes a stock has the right pattern, but then can’t get going or when it does it’s a slow mover. And the problem generally lies in volume or overhead supply. The stock that decides to go somewhere is the stock that has the highest percentage change in volume. I key in on volume and the percent change in volume. Really, volume is my main focus during the day”

“Some stocks may be up 5 bucks in one day, however that may just be a one day wonder and that is the end of the move. I want to make sure the stock is a consistent mover before I buy it. You basically have to be a stalker, keeping after them for long periods of time. Sometimes stocks start their moves up at the start of a market correction and will come down. It takes a long time to track stocks and wait for them to setup for the proper time. So that’s how I find my stocks by letting the market tell me which stocks it wants to move up.”

“This is really just a numbers game and you need to be in the right stock(s) that move. For example pick out five or six stocks when they break out. The ones that don’t move up strongly sell and double up on the powerful movers.”

“I started with a small account because I was blown out of the water at least three times before I got the hang of it. The key is not getting blown out so you can keep as much trading capital a possible. Then, when you enter a strong bull market, you have the cash, the chart reading, and hold on for the ride of your life.”

“No one ever told me what a market correction was or that it could wipe me out as a margin player or that these market corrections come about twice a year. I made a quick 400% in my first bull market and then about three or four months later a correction set in and I pretty much gave back all my gains during this time. That was lesson number one. Lesson two was never believe in a stock and lesson number 3 was never g ‘all in’ on a single stock”

“I’ve still very much a momentum trader and I expect a big move each and ever time I enter a trade. I have no patience for slow moving stocks so if the stock does not move rapidly, I pretty much move to the sidelines and wait for one that does. I must admit, I miss many big movers that are slow movers for this reason.”

“The lesson is not trade bear markets and you’ll not lose money”

“Whipsaws in a choppy or weak market are by far the most frustrating. They can eat a momentum trader alive”

“I want to find the market leaders, the up and comers and I only trade them. If it’s not moving higher, I’m not interested. Why buy a stock that will go up $5 or $10 if you are lucky when there are stocks that will move $30 - $50 in the same time frame?”

“I have not changed my trading style at all during bull markets such as the one that began in March 2003. What has changed is that I now understand what a major bear market is all about and the devastation that a once every 30 or 70-year bear market can bring. I can assure you that when the next big bear comes around I will be out on my yacht in the Mediterranean or the Caribbean and not trading the market at all. I will say that one must experience every trading situation and market condition to be able to fully take advantage of current circumstances, and I’m now fit to take advantage of being out of the market when the next bear comes around.”

“There is nothing better than to look at a ton of charts every night. This will hone your skills on identifying chart patterns faster than anything else out there today. In fact, I would say that if it weren’t for this tool my learning curve would be years behind. There is no substituting this feature or the time necessary to learn pattern analysis”

“I’m looking for stocks that make big moves so when I see a stock up $3 or more on heavy volume day in and day out, I add it to my Tag List. Most stocks that I load in die shortly after this initial move, but often reemerge for a second move up later and I want to be there when they do that. The only way to do that is to track all of them every day so that you are ready to grab them when they move”

“It’s more than just price patterns; it is the combination of patterns and price action of the stock during the day plus the strength of the groups that these stocks are in that makes my stock selections so powerful.”

“One of my favorite patterns is the Bull Flag pattern. This is a continuation pattern and for the most part a stock has already broken out and has succeeded since the breakout. A Bull Flag occurs after a rapid and fairly extensive advance. After a nearly vertical move, the stock fluctuates sideways in a narrow range. The completion of the pattern occurs on a break above the consolidation, ideally on heavy volume”

“I did a tremendous amount of experimenting, which cost me a lot of money in losses. I had to constantly go back to the drawing board and figure out where I went wrong. I found that I was buying stocks that were below their descending trendlines or that had just broken down below their support trendlines. I spent over 10 years and probably 20 to 30 hours a week constantly plotting my mistakes on a chart. I was buying based on emotion. Over time, I learned how to buy stocks at the correct time rather than relying on emotions.”

“Market timing is key to making large returns in the stock market. Buying stocks when the market is near the top after a lengthy run will cost you dearly”

[Blake Rocha @MrFourToEight]

Read it twice

[user @username147295]

@SRxTrades Sean did you renter off envx or hold through stop at LOD?