SMCI up 500 points in a month, not to late to jump on /s

Trade0039
Sorry, I can’t help out with that. It took me months of hard work and coding to build this system from scratch. I really think the best system is one you fully believe in and build yourself. There’s no perfect system out there – it all boils down to how well you handle the risk and reward. Saying that you could go to this website http://www.marketinout.com and test your system. Here’s one good system that I still follow for trends.

Would like to share this Quote…

“SHORT-TERM FEAR IS THE ENEMY OF THE LONG-TERM PERFORMANCE”

which is what many Active Technical Traders like us are facing!

@William9in

Can you please share your TOS chart setup here if you don’t mind!

I would like to test it with historical data? Thx…

Thanks for sharing!

Sorry, you lost money on SOXX my friend. See my charts on SOXX. If anything only buy stocks in uptrends and short stocks in downtrends. You don’t need to be the first one or guess the direction. The stock will tell you what it’s doing. I recommend buying only one share.

You’re right…Even the bullish bulls say we need a rest and a pullback is coming. So whenever everybody is one side, it’s good to be on the other.
Good thinking on Nvidia … You still have time to buy Monday. Easy money… Nvidia will continue to go up til the it gives earnings on the 21st. Who is going to bet NVIDIA is not going to beat. And after it crushes the low estimates, it will rocket higher Thursday AM. That’ll be the time to sell.
By the way, NVIDIA is up 46% in 6 weeks this year. Why buy a CD at 5%/YEAR when NVIDIA is giving 7 1/2% / WEEK ? Last year they only did 5%/WEEK.

He’s stopped out before! That’s why he still has some dry powder waiting for his long awaited Black Swam event!

EVERYONE, and I mean everyone is expecting a “correction”! My experience is when EVERYONE is expecting something, including my barber, mailman and the old lady next door, it doesn’t happen! I think I’m going to snag some May 8th NVDIA calls at 800 before it’s too late! LOL …. Dang, the market just closed! Well, I’m sure there will be a gap up come Monday morning …. Regardless who wins the Super Bowl!

What…. then it’ll pull back to 439 before the dip buyers step in and send it up to 500….. in March….. LOL

Sorry to hear that trade.
Sounds a lot like my trading over the last year and a half.
Other than Randy, is there anyone here whose account is in the green since Oct 22 ?
Mine is not. I am so far in the red that I don’t think I’ll ever get it back.
P.S. Nasdaq 16000

I wish he would share his real account trades, showing all entries and exits and be transparent with us!

You’re doing something wrong because Randy hasn’t been stopped out of any trades that I’ve ever seen. He doesn’t take the trade if it’s going to go against him.

Stopped out on SOXX Short with SL at $630. ;((((

No he doesn’t get a pass. 130 QQQ points ago he should have just said step aside and not do anything as opposed to keep predicting an imminent 30-40% drop.

Lot of Technical Traders make fun of CNBC and consider it as a Contrarian Indicator but most often they are correct and Tech traders are always holding the bags!

Take a look at Tom Lee. People were saying they he must be crazy to think SPX will reach 5000 at such Inflationary environment, high Fed Rate, Geo-Political Tensions and blah blah blah… now see who is wrong???

Guys I wanted share this link with y’all.

https://www.youtube.com/watch?v=WpQIoni7Uw0&ab_channel=AdamKhoo

The link I am sharing is a video of Adam Khoo who I consider a “True Mentor”. Its a must watch videos. It will open your eyes besides the chart. He covers Market from all possible angels not just technical but Fundamentals and statistics too.

He shows his real accounts in real time too which is very rear to find and that’s what makes him unique, transparent and legit!

Hope it helps!!!