zero ego

Believer. Trader.
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[zero ego @zeroegotrader]

@RichardMoglen @PradeepBonde The challenge is asking EG something he hasn’t answered a hundred times. I’d be most interested in understanding his options strategy on the first Facebook EP which may have been his most profitable; if he bought them on day of EP, if so how far OOTM and how far until expiry?

[zero ego @zeroegotrader]

@sandyboy1112 @PradeepBonde Unknown but he’s maybe the best technical, precision day trader ever. Not exaggerating. Used to keep up with his posts on Stockbee and at the time he was consistently putting up 100%+ per month returns using options, I think while also working outside of trading.

[zero ego @zeroegotrader]

@PradeepBonde Legend!

[zero ego @zeroegotrader]

I will forever be fascinated by the fact that EG - a pioneer in momentum trading - freely gives away strategies that when appropriately applied can make a disciplined trader highly successful…yet so few find that success consistently.

[stockbee @PradeepBonde]

Yes. Entering in anticipation gives you the gap gains.
This is why I run my anticipation scans looking for tight days around 3.30 and if I find a stock setting up for breakout I buy it in last 2 minutes before the market close. Next day it breaks out you can move your stop to break even and trade is free.
If it does not break, I can close for tiny loss of small profits.
Again this is tactics to front run a possible breakout which you know other participants will enter on confirmation.

[stockbee @PradeepBonde]

Yes. Entering in anticipation gives you the gap gains.
This is why I run my anticipation scans looking for tight days around 3.30 and if I find a stock setting up for breakout I buy it in last 2 minutes before the market close. Next day it breaks out you can move your stop to break even and trade is free.
If it does not break, I can close for tiny loss of small profits.
Again this is tactics to front run a possible breakout which you know other participants will enter on confirmation.

[zero ego @zeroegotrader]

@whocaresld7i @Jamilmuna I was in Marios’ second cohort. If you follow me or open your DM’s I’ll share some helpful info on situational awareness if you’re interested.

[zero ego @zeroegotrader]

@curbyourchichi Can’t wait for your film!

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie $30+. Yours?

[zero ego @zeroegotrader]

$QNC
I can almost hear @Qullamaggie...."small account edge"

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie Have it in both long and short term accounts but only the stop on the short.

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie Almost stopped out Friday at the close,

[zero ego @zeroegotrader]

@TheShortBear “We do not get what we ‘deserve’, we get what the energies we create are capable of connecting with.”

[zero ego @zeroegotrader]

@CFlanders7 Christian would love your perspective on holding through volatility vs holding too long.

I’m still in a bit of shock at the size of KQ’s drawdown, esp given his extensive experience with mean reversion and parabolic short setups.

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie 🔥

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie Vague response here but well beyond previous highs and, based on previous price action, will hold as much as I can until it provides a parabolic short entry.

What’s yours?

[zero ego @zeroegotrader]

🔥

[Christian Flanders @CFlanders7]

I would go back and see why am I not in winning positions. What in my process/strategy/rules prevented me from getting in winners. Did I not take signals that triggered? Did I exit randomly with no exit signal? Or did my system not trigger any entries. Or is there no system at all/limited system.

If I did not take triggered signals, the answer is obvious. You must take triggered signals regardless of how you feel. If you struggle with this, reduce trading size until there is no hesitation. If that requires you to go to one share then so be it.

If you are exiting randomly with no exit signal, you lack conviction in your system. You need to spend more time going back over past winners in your system and see what kind of volatility the names will go through on their journey higher.

If the system did not trigger any entries you need to re-build your system to make sure you are getting triggers in leaders during market rallies with clear entry rules.

If there is no/limited system, you must create one or you will always struggle with all the emotions that come with trading because you are trading on your "gut". All the issues I mentioned will make it impossible to perform at a high level.

[zero ego @zeroegotrader]

@TAfyren @Qullamaggie Bullish. Really like how it’s maintaining tightness within this range given overall sector volatility. A moderate catalyst could ignite this.

[zero ego @zeroegotrader]

@stamatoudism Congrats Marios!

[zero ego @zeroegotrader]

@traderwillhu Of course! Thanks for all you share!