BenedekBokor

30:24

BenedekBokor

• Mixed signals -> large caps seem like they are just starting a new uptrend while small caps are looking the worst in a while • Breakouts overall still don't seem to work, EPs are probably better and pullback buys, though I haven't seen much traction (nor do I have much experience in those tbh) • Given I'm in a large drawdown since December, I'm doing some...

09:58

BenedekBokor

Caught the EP nicely on NASDAQ:AFRM , and the breakout on NASDAQ:MGNI , but other than that we're still in a bad environment, the distribution days and declining breadth are not good signs. Will remain cautious.

17:54

BenedekBokor

Lost probably around 10%. My motivation is shaken, but not broken. I need to find my passion in trading and put in time and effort to improve my system because we're likely going into an environment where I can't keep doing what I've been doing.

10:54

BenedekBokor

Some commentary about the big losses on Monday and how it impacted my portfolio

22:51

BenedekBokor

• likely going to go into a consolidation / pullback within this rally soon • 80% invested, with top 4 names being the largest, have 8 stocks which is a bit too high, looking to cut weak ones next week • hopefully we get a strong day early next week to sell into • not a long list of setups, likely because everything worth buying has already broken out -> won't be...

19:54

BenedekBokor

• bulls are back • my breadth indicator finally showed a buy signal on Friday, indexes have retaken key moving averages after a month of consolidation • seems like a healthy correction and we have all the reasons to have another leg higher • would note that I'm still minimally invested and have only 2 positions, keeping size small, until I see more traction • in...

09:31

BenedekBokor

• Nothing exciting, staying in cash, not looking to enter any longs • Significantly downsized my position sizes and average losses, which improved my RR. Taking gains and losses early if anything • Commodities are the clear winners, so I'm glad that a large portion of my passive account is there, good hedge

22:41

BenedekBokor

• ended up flat for the week, despite a lot of trades, was up to 100% invested on Thursday, but ended up back to 17% • still cautious, the market might put breakouts on hold and we can see a correction • there are a lot of setups, good setups even, but I expect the fail rate to be very high going forward, until the market broadens out • the market is still led by...

25:44

BenedekBokor

• still only 14% invested, the week was quite bad, most stocks sold off • however, some stocks, especially space names, tech and retail are holding up very well • given we are quite oversold short term and we could get an aggressive rebound next week, these stocks might be good breakout candidates • will still stay small in terms of position sizing (5% max) until...

22:14

BenedekBokor

• only 21% invested, got shaken out of most of my positions • large bad trades this week cost me almost $300 or 10% of my account • I will not put large positions again in bad and worsening market breadth environment • watchlist is the shortest it's been in a while, setups are not the best either • most setups are in finance names, I think they could be leaders...

12:34

BenedekBokor

• extended markets? ✓ • breadth worsening? ✓ • market timing signal showing a sell signal? ✓ • been steadily reducing leverage because I'm expecting a short term pullback? ✓ That's the perfect time to go all in on all the stocks that are hitting your alerts today! Especially stocks you have no idea about but they all seem to be moving together! It must be smart...

30:35

BenedekBokor

• going through my portfolio performance in detail, seeing positive signs in my RR trend, steady losses, but large gains recently • consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages,...

17:31

BenedekBokor

NASDAQ:NNE is reporting earnings today and I have a large long position. It could go either way. Also have NASDAQ:LX and NASDAQ:API working out beautifully, but concerned about the market being extended short term, so I did some risk management tactics on some of the weaker movers in my portfolio. It always happens that when I have 1) a generally extended...

34:06

BenedekBokor

Small caps are taking the lead again, consumer discretionary, finance and energy names are the strongest. These are all healthy signs. Interestingly nuclear names ( NASDAQ:NNE , NYSE:SMR , MIL:NUCL ) are showing high relative strength. China names might also start working again next week after a nice consolidation for ~2 months. Over a third of my passive...

20:14

BenedekBokor

Very sharp pullback, would like to see a longer consolidation and volatility drying up for a few days or ideally weeks. Then we could see some amazing setups from these recent big moves up. Finance and energy are clear leaders.

16:35

BenedekBokor

Insane strength, missed most of my opportunities so now it's probably too late, also don't see any new setups as everything broke out that had to broke out. Expecting a sharp pullback, so remaining cautious. Nice gain I made on NASDAQ:APP

33:45

BenedekBokor

Just follow your rules and not trade! That's what I should have been doing. But well, since I'm a bit addicted to trading and have a fear of missing trades, I'm acting on every signal which is costing me money. Overall not much to talk about as the market is quite weak, lots of failed setups, reversals, breadth is the worst in a while. Lots of earnings coming up...

24:37

BenedekBokor

Back in cautious mode as most indexes were poor, as well as breadth and got shaken out of the majority of my positions. Earnings are coming up which could bring some fuel into this waning rally. Or completely break it down, who knows. Whatever happens, I'm only 10% invested, so not risking much.