Stock Man Trading Profile picture
May 31, 2023 10 tweets 7 min read Read on X
I passed a $50k funded evaluation account (that I only paid $37 for), and documented every single trade with annotated images and live videos. I used a heavily tested system (100s of trades) that I developed myself several months ago. This thread This thread shows it all ⬇️
Day 1: I wanted to ease into things. I took 2 trades based on the SMT system -> the first being a 3 con long off of a breakout above supply zone + resistance accompanied by an SMT buy signal. $262.50 on this trade. The second trade will be in the next tweet
Day 1 continued: the second trade was also a clean breakout trade and A+ setup per my system. Entered on muilti confluence buy signals and exited once we hit my overhead target (next resistance/supply zone) for $225. This puts the day 1 total at $487.60 in profit. ImageImageImageImage
Day 2: I took 2 more trades using my system + SMT algo (1 scalp for $75 and the other for $187.50). This put my account at $50,646.52 net profit after commission fees - about 22% of the way there. ImageImageImageImage
Day 3 was another slow and steady day, being very patient for my setups. I ended up doing only $215 in profit - but that is perfectly alright. ImageImage
Day 4: Another good day -> waited until I got my A+ setup (s) then executed with proper size, entry, exit, and stop. +525 in profit today with total account now at $51,374 (45.8% of the way there!) ImageImageImageImage
Day 5: Only took one trade all day - this one was recorded live with annotations. +$325 on the day, account now at $51,725.44/$53000 (57.5% of the way there!)
Day 6: played the upside breakout into supply then the multi time frame confluence dump to the downside. Now about 2/3 of the way there. +$762.50 on the day ImageImageImageImage
Day 7: Evaluation passed!!Big trade with only a few cons that went over $1k. ImageImageImage
My next steps are to work on this PA and document everything just like the evaluation -> all the way up to the payout process. I am also working on a $100k eval using the same algo/strategy that is currently 75% of the way done after 4 days. The power of patience and discipline! Image

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More from @StockManTrading

Sep 10, 2023
After nearly 4 years of trading, I have learned some valuable lessons - both technically and psychologically. Here is a thread of the lessons that made me a better trader and taught me about myself in a way that I am extremely thankful for 🧵
1.) Comparison is the thief of joy - being on social media has its perks, but it can be greatly damaging to your mindset. Always compete with YOURSELF. Dont let those supposedly making 5 figures a day make you feel bad about any profit you make. $100 a day is an extra 25k pre tax
2.) win small or win big but ALWAYS lose small (preached frequently by @Strat_Trades). Blown accounts happen for one reason only - poor risk management. Sizing and a set stop loss PRIOR to entering a trade is critical, and even more so is adhering to this stop.
Read 10 tweets
Apr 22, 2023
Here is a complete thread explaining my every day trading setup and what I look for. I will explain all of the tools I use 1 by 1, building from the ground up (adding onto a naked chart). We will be using the $SPY 5m chart and taking a look at Thursday's price action. Image
The first thing I will be adding to my chart is my "SPY Key Levels" script. This provides me with 54 automatically plotted key levels that I can use to help guide my trades. The key levels are clearly marked in blue - you can already see how well price action respected them. Image
The next thing I want to add to my chart is the "SMT Supply and Demand Zones". This script automatically plots supply and demand zones from the previous 5 days (up to 10 days if the user chooses). Again, we can already see how price respects these zones Image
Read 10 tweets
Mar 24, 2023
This 15 part thread is a complete guide on how to effectively use the SMT indicator to scalp $SPY with high accuracy. This algorithm was designed to detect ideal entries based on trend reversals containing 3 pieces of confirmation. It has also proven effective on other securities
Let's begin by understanding the function of the indicator itself. As traders, we never want to chase. We want to get in early and get out early - but we don't want to get in TOP early and have our trade reverse on us. This is why the SMT indicator was created - to optimize entry
The indicator was coded using concepts from The Z Strategy - it takes 3 pieces of conviction (which need to be present SIMULTANEOUSLY) and uses this criteria to gauge low risk/high reward entries. It marks entries using simple markers (red arrow = short, green arrow = long) Image
Read 18 tweets
Nov 20, 2022
Below is a thread containing some thoroughly annotated A and A+ setups I have taken over the last few months. Max sizing is 10% of port on A setups and 20% on A+. I have defined an "A" setup as containing 3-4 pieces of conviction, and A+ as containing 5+. All setups are on $SPY
All setups are on the 5 minute time frame. My favorite pieces of conviction are the following:

- 9/21 ema crossovers
- Breaks of key levels (high/low of PM and prev day)
- Breaks of key (50 and 61.8) fib levels
- Engulfing candle breakouts on volume
- Pattern Confirmation (1/2)
- Break or retest of 21 ema
- Break or retest of VWAP
- Supporting candle formations (hammer, engulfing, doji, etc)
(2/2)
Read 6 tweets

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