Get started

Winners

Ada Falling Wedge set upAfter a lot of market manipulation we can see a clear structure being formed on the daily chart of Cardano (ADA). We have a clear falling wedge pattern with nice indicator’s talking my kind of language! Be cautious trading this week folks, lots of Tom foolery going on. Set your stop losses and enjoy a hopefully green week! Be sure to take this trade after the retest of the top of the falling wedge pattern turning the resistance into support. This will be your best entry point! Entry: $1.5875 Stop Loss: $1.3192 Take Profit: $2.5472
Long
by Savvythe1
1
Irrational behavior: Fleeing winnersI do not know if one is born a trader but I know one can be born NEVER a trader. Those that have these bugs in their programming that make them do things that make absolutely no sense, there is no point even trying, they are set to fail from the start. I think learning about your own tender feelings is totally useless, if you have these tender feelings I am pretty sure you'll never make it no matter how many excuses how throw at reality, which is yet another irrational thing to do and so silly to expect it to make a difference 🤷‍♂️. But learning about other people tender feelings is certainly interesting. Running winners is variable the ultimate objective is not to be a robot. And the variable might be increasing right now which is a reason for me to write this little piece. First of all I think this period of the year is more lively than the winter, but also notice the pattern americans are following: "In the first round of economic impact payments, households set aside 29% of their checks for consumption. In the second round, that fell to 26%, and in the most recent round fell to 25%." The S&P 500 broke out of the Donald Trump trade war broadening wedge. It remained above, kept going up, now even broke 4000 and bears are getting slaughtered, skeptics are slowly being convinced it won't crash like 2008. You know the saying "1 by 1". Americans fear is diminishing, unless it's just they have no choice, I think their fear is reducing, and they are spending more willingly, gambling some of it on meme stocks. We saw the Yen do this thing it sometimes does. Lots of money is being printed, activity around the world is growing. I think we can expect big trends, Forex was creating depressions with how bad and tight it had gotten. Finally! Trying to run winners for kilometers in a calm market is stupid, but not as stupid and running away from winners like they are Michael Myers. Nobody makes money being a (redacted: kitty-cat). The whole idea is to catch big winners. It's the whole point of the markets. They trend. The idea is that when the market has a big move in a direction you sometimes catch it, and when it has a big move against you you NEVER catch it. Why would markets even exist? Why would anyone ever need to hedge? It's so stupid I can't believe it. Hedgers = avoid market exposure, avoid all moves. Speculators = take the risk from hedgers, want market exposure. Noobs = Only want market exposure when they lose????? Imagine this, get in the mind of losing traders: You sell, the price goes down, and down, and then there is a pullback with a perfect double top or whatever you like and would normally sell every day of the week. But BECAUSE YOU ARE WINNING YOU DON'T? Lol? And then to "go faster" they go take huge positions that destroy them, and get into day gambling and so on. These lose-loving bagholders are the reason why Bitcoin only bottomed AFTER they capitulated in March 2020 when (and weeks after) the price collapsed 60% in a few hours. Gamblers addicting to losing were constantly selling the instant Bitcoin went up and buying heavy bags as it went down which leads to more selling pressure (after a buyer buys, he becomes a potential seller). Once all the - most of them - quick quick gambling bagholders got wiped out, there was no more run-away-from-winner losers preventing Bitcoin from going up. I have been buying US indices since October and I have no intention to stop. If I have urges to "play" like day gamblers do, I'd much rather buy a bit more of S&P. Does not have to be much. 10 bucks turbos with a 2-10% KO (so 100-500 bucks worth of S&P) every day is objectively smarter than day gambling every day on it with a few hundred bucks. If it keeps going you can turn a small account into a small fortune. At some point just have to be careful the risk is limited and the exposure does not become insane. Can always sell and then buy back. Say you had a call, close it and buy a new larger one. Just to make sure if it goes 1987 or 6 may 2010 all these gains are not lost but this is not the same as just exiting and that's it, you're still under exposure to that winner, just making sure risk is limited, and profit is not. As it keeps going these profits can snowball into something so monstruous not even kidding. Start with an initial 50 bucks risk end up with a 150,000 euros win dead serious. Meanwhile some ****** idiot made 30 bucks as soon as it went up. And felt good about it. Good job man! On Bitcoin the noobiest of them all, you can see bagholders breakeven at areas where they previously bought. No one gets greedy and just wants to keep piling in into winners and bulldoze their way up?
Education
by MrRenev
2
A CLEAR SETUP to TRADe!! AUD/CHFThe sell pressure already started on the AUD/CHF pair, it's clear on our DELTA indicator! also we are at the peak volume level on this pair which most liquidity was injected in the market So yeah What's next! Why isn't a buy rather than a SELL? I'm asking the same question too! but I've done my fundamentals! and I'll consider writing an article in few coming days -Institutional investors investors will enhance the positions with more sell-off volume in the coming days and we can clearly see how the reversal trend is weak!
Short
by Ayoub450
9
Stocks To WatchThe Bull Market is strong, this week I expect the market to by choppy. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 36 total stocks on this list. I add an additional 7 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Editors' picks
NASDAQ:PLCELong
by Jtacher51
32
Lemonade is the future of insuranceLMND is my favourite investment stock lately, as it has a lot of potential, it's going to disrupt the insurance market with it's totally new and innovative strategy and operation method. This is the fintech in banking (like Revolut or N26) or a Tesla in cars or the smartphone itself in communication! Seriously, I'm not hyping the stock, do some research and as you understand, you'll get convinced pretty quick. So definitely disruptive and much much more efficient and way smarter than the whole insurance industry in and out. Read about it and you'll see. It's not a trading setup, but a long term investment idea (3-5 years for me at least) but would be better for 10+ years. Might take time to spread worldwide but investors and the whales too might discover it soon and you'll find yourself in the "I'm late again" situation as it was with Tesla and NIO with lots and lots of investors. So, Lemonade is going to be huge. I have an entry point of $47 but I could accumulate 2 times so far @ $86, @ $118 and @$107 just now at this current pull back again, but if you are thinking long term, you can buy any time when it's a red day or whenever you have spare money, don't even bother with technicals, as I said, it's a long term investment and it can brake out abruptly. My experience tells me that even though I know how to do technical analysis, the fundamental analysis is much much more important in investing (and I'm not talking about day trading here). Because if I didn't do any trades during this year, but only investments according to my original ideas I would have much more profit by now, even after a year, such short period of time (as of today my performance for this past exactly 12 months is +209% and I'm in a correction just now). So no, I'm complaining, because I'm not, but just saying if I didn't work at all, but only invest according to my ideas, I would have about 3x more profit just now (better not count). Oh and I never got lucky so far. Not even once during these several hundreds of trades. Quite the opposite, whenever I did something out of sentiment or by a gut feeling, I lost on it. Can you imagine? So, technical analysis pays out but investing pays more if you know the right time for the right stock. Not easy, so I give you some insight below if interested. Here's below my little summary so you get the picture about my thinking. Also I show all my ideas with numbers so you see how I did and would invest in such environment: Probably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it. Introduction and the mindset: 8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be lucky sometimes and you also gonna be unlucky at any given time (and unexpected all the time). So one can not count on luck and/or feelings (I call it being on Hope-ium). This is the reason for the need of diversification, especially in this unprecedented (word of 2020, right?) environment. Lots of analysts say the market is overvalued, stock prices are overstretched (the SPY and tech at least). I think this is partially true and it does matter sometimes, it does not matter too much other times and/or instances as you’ll see soon below. OK, too much talk already, I will show you my portfolio and talk about my ideas with numbers, entry points, targets and even risks. My past fundamental ideas (as for reputation, not a bluffer): In 2019 I only had 2 ideas, both based on my fundamental analysis and they were for investment (so, not for short term trade ideas). Tesla and Bitcoin. For TSLA my entry plan and buying advice was @ $426 in December (pre-split price, so if you are new, divide it by 5). For BTC I stated that I recon we have to wait for the beginning of 2020 (according to my plan it was most likely for about February) and buy the expected dip - according to my readings - at $5500. Of course Covid came and things got crazy, but we didn’t expect that. Lots of losses and learning, but here I share some useful thoughts and ideas. I learned technical analysis, but these fundamental ideas born according to my own research, also I didn’t know any known influencer back then. My recent/actual ideas and how to do it: I divide my stock portfolio for 5 sectors in a way that if even 3 or 4 of them fails, the other 1 or 2 will pay out so much, I wouldn’t mind and never lose. My sectors watched: 1.REIT (they will pay dividends) 2.Energy (they will recover) 3.Commodities (we need them whatever happens) 4.Biotech (necessity too) 5.Insurance (self explanatory). The SPY is driven by tech, so I left it out for now (with a small exception), as no need to risk now, because tech is a bit overstretched at the moment and even if it’s going way higher, my ideas will too. But if tech is not going higher, I will still make profits (hence the so called ‘K-shape recovery’). Not easy to do this in such overvalued levels but not everything is expensive and also note, that not every cheap stock is going to die off, so the main buying habit of mine is what George Gammon likes also: “I buy a dollar for fifty cents” if I may quote him here. This idea means that I buy according to the actual (and my own) valuation, plus the current stock price of the company and not according to the momentum or the horde, in other words the ‘best performers’ according to popular Youtubers, similar influencers (or the mainstream media for that matter), as history shows that the majority loses and the minority wins (at least during those crazy unprecedented times like now when soon everyone is in the stock market examples I analysed: 1929, 2000, 2008). Doesn’t that tell you that it would be wiser to be on the side of Michael Burry during the 2008 stock market rally instead of everyone else? Yeah, I know, it’s not easy and also, “this time will be different” :D But jokes aside, I believe at least in a way this time it actually could be different, the task is to understand fundamentals, think a lot and make smart decisions based on your own research. And the more you read and think, the closer you might get to some advantage and solution that will pay off highly likely in every possible scenario in the future. Why and how? A simple enough hint of mine for example is, if a stock is a ‘top performer’ that fact might actually mean it already did what we expected from it to do (otherwise why the term?), so you kind of could already be late, but you would never know. This is when FOMO comes in to play, beware! Sure, you can be lucky and participate in a bubble just like how it was with Yahoo in 1999-2000 but only afterwards (years later) could you for sure realize that it wasn’t a good idea to buy in around 1999 as you didn’t sell at the top (2nd of January, 2000) did you? Even though the “long term fundamentals” that they talked about back then, they all turned out to be 100% true, because tech went higher for sure, Apple is still a winning company, we are surrounded with computers, smartphones and it's all tech and internet and websites, we still use yahoo mail every day and listen to yahoo finance and so on. Tech is cool and king. Still, the dot com bubble was bad and painful for the majority. See, everyone was right except for the ones who bought in at the high prices because of FOMO. As you see now, those ‘top performers’ worked very well for those who bought in at the bottom or even half way to the top for swing trades (but that was just before you heard about them and not really any time later). So, the problem is that no one ever knows when is the top of a bubble or any kind of run up that is driven by sentiment if it’s not a slow and steady growth corresponding both the fundamentals and financials in other words the real growth of a company. So the solution is to better find one that is trusted and/or have future and not going bankrupt soon and is beaten down to the ground. That’s when you buy in. Warren teaches this too, but this is my own thinking and just a coincidence that the old man says it too. So, I reveal here all my stocks and investment picks that I either bought and/or had planned or advised to buy so far with my first entry prices during 2020 (not placed in order of any sort, but just random). The majority is investment for 3-5 years the exceptions are the swing trades (I mark them “swing trade” as they are not investments): TSLA again @ $358 (pre split); NYMT @ $1; IVR anywhere below $4; NIO anywhere below $5 (swing trade); HEXO @ $0.74 (pre split); ASTC @ $1.82 (swing trade); CDEV @ $1; LMND @ $47; TXMD @ $1.2; LXRX @ 1.93; GNW @ $3.26 (swing trade); WPG @ $1 (pre split); CRSP @ $60; gold below $1700; AAL @ $10 (swing trade); AMC @ $2.84 (swing trade); BTC @ $5500 for investment (and was swing trade too, from $7000 to $9000 because I had to pay property tax and did it from the profit).
NYSE:LMNDLong
by janfoux
So what does the strategy i use actually do?!The strategy we use we have built ourselves! and does ALL of the follow HAS A BUILT IN LOT SIZE CALCULATOR✅ WHEN TO ENTER A BUY OR SELL TRADE✅ WHERE TO PLACE YOU STOPLOSS✅ WHEN TO EXIT THE TRADE✅ 3+ YEAR BACKTEST HISTORY IN SECONDS✅ TAKES THE STRESS OF TRADING✅ GIVES YOU THE FREEDOM TRADING SHOULD GIVE YOU✅ IS DIFFERENT FROM WHAT THE OTHER 90% OF TRADERS ARE DOING ✅ WORKS ON ALL PAIRS✅ WORKS ON ALL TIMEFRAMES✅ MULTIPLE RISK APPROCHES ✅ What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!
by congibb