This "flip long where you'll never short" mindset.. I fucking love it. Locked 30 cents long.. It's still a short though so will lock rest of long position once it's time to re enter the short
sold remaining 1/2 of long at entry spot ( $3.90 ) for breakeven and flipped short . will play this game all day.. i'll be a seller where it screams short (EOD bias is bearish), and i'll be a buyer each time it hits "dont get caught short" levels. ok gotta go
Damnit. gave back all gains from the long lol I normally go from short to long by simply covering double the short position, and i go from long to short by selling double the size of the long position.. but of course u cant do that with SSR lol zero fills. fuck u SEC
The only thing I "love" about SSR is the tape. whenever i see huge blocks, i like knowing that it's coming from bagholders or profit takers, instead of shortsellers. other than that SSR can fuck off
Also NAILED @6.30. was up HYOOOGE @5.20, decided to HAMMER the bid & double down SOON as i saw my BREAD & BUTTER L2 signal (BBOD), & forgot that SSR was on, so missed the HUGE bbod flush. got PISSED, chased it lower, got horrible fills. ruined entire trade. Trading is easy.
@6@5 trash stock drops 10% = SEC "oh my god we have to protect the clown bagholders from the big bad shorts. activate SSR."
trash stock rips 10,000% = SEC "nothing to see here. keep it moving"
Where is shortsqueeze restriction? i got kids to feed too lol
Bad:
-totally ruined HUGE win due to SSR frustration. 100% my mistake
-Missed
Great week, but couldve been 10x better. Back to the data. Pulling another all nighter.
@6@5 been going ham on the market data for 7hrs straight since market close, minus the 30min break to quickly play hide & seek w/ the little one before her bedtime. got another 5-6hrs to go. Gonna be an exhausting night, but the broskie is helping a TON. the price of success huh?
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The 1st step to improve your trading is to stop lying to yourself. You don't suck at trading because of bears/pumpers/ marketmakers etc. You stuck at trading because of:
We live in a society where at the FIRST sign of failure/struggle, people's FIRST reaction is to blame someone or something else. The most important skill to master in this day & age in order to be good at ANYTHING, is the ability to shut the f**k up and look in the mirror.
if u are fat it's because u eat more than u move. PERIOD.
u are frail b/c u dont lift weights consistently. PERIOD.
u are dumb AF b/c u dont read enough. PERIOD.
u struggle at trading b/c SOMETHING is wrong with YOUR process.
🐻This is where every shortseller tries to decide if he should add to winner (on the bounce into trendline) , take profits, or start shitting his pants.
🐂This is where every Bull bagholder decides if he should sell for small loss or hope for squeeze
@__shaka_zulu__ This is some bullshit. That turnover is gonna cost us this game. how the fuck do you fumble on 1st and goal with THREE fucking yards to go
@__shaka_zulu__ 🏈 $LIONSQ is squeezing the fuck out of us 😩. hoping for the late day fade setup to kick in in the final quarter
To maximize accuracy (win rate), you must wait for confirmation.
Confirmation means that you're letting the smart money move the trade in your favor (or stop the momentum) BEFORE u commit size.
This automatically means that u'll have to enter a bit "late". cant have both
To maximize profits (high reward) aka capture the majority of the move's range, you have to get in BEFORE the move starts (when no one wants the stock).
This automatically means that u must risk getting stopped out early by MMs or being wrong on ur thesis (since no confirmation)
High Spatial IQ will help you learn trading faster ONLY because it'll help you recognize patterns faster. But that's about it. Once you learn how to trade, high spatial IQ is useless.
High overall IQ can actually buttfuck u in trading b/c:
1) it'll make u overcomplicate trading
2) the ego that comes with high IQ will make it harder for u to manage risk, since smart ppl hate admitting that they're wrong. So they refuse to stop out or they revenge trade a lot
Ive taught many ppl how to trade, and ironically the smartest tended to struggle the most, because they were just too stubborn to keep things simple or stick to the plan. Meanwhile the low IQ motherfuckers tended to perform better b/c they just executed. No overanalyzing BS