$NASDAQ 100(NDX)$ The advance/decline index is a market breadth indicator that represents the cumulative difference between the number of advancing and declining stocks within a given index. A rising A/D index value suggests that the market is gaining momentum, whereas a falling value suggests that the market may be losing momentum.The advance/decline Index is also called the advance/decline line or the A/D index or line. It is used to help confirm the current stock index trend, or can forewarn stock index reversals when the A/D index diverges with the stock index direction.- A rising A/D index helps confirm a rising stock index and shows strength since more stocks are rising than falling.- A falling A/D index helps confirm a f

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 3000 ETF(IWV)$  After the Federal Reserve's interest rate announcement on Wednesday, a large number of stocks rose quickly. but if you check the market structure, price action or trend, i didn't see any sign of breakthrough yet. it like when you throw a stone into a lake. A nice circular wave appeared on the water. Physicists call these ripples "surface waves" because only molecules a few inches from the top of the water are moved by the ripples.   from my back-test, inference the stocks, within these 4 weeks is the cri

I remember Charlie Munger once said " All I Want To Know Is Where I'm Going To Die So I'll Never Go There." I believe the best way to recover your loss is to protect your money before it goes into that situation. (Recover-my-loss situation) I'm a 1% position sizing rules follower. Cutting the losses short is the only way. MM once tweeted " Trading without a stop-loss is like driving a car without brakes. Those who trade without stops, eventually stop trading." We all make mistakes; don’t waste the mistakes you’re probably already making. Take extra time to follow them back through their roots, which may go deeper than you think. If you ask me what is the finest skill of trade , i will tell you is not to lose money. Understanding risk, learning how to accept risk is the most important skill

 $Meta Platforms, Inc.(META)$  $Apple(AAPL)$  $Amazon.com(AMZN)$  $Alphabet(GOOG)$  $Microsoft(MSFT)$ To Fill or Not to FillWhen someone says a gap has been filled, that means the price has moved back to the original pre-gap level. These fills are quite common and occur because of the following:- Irrational exuberance: The initial spike may have been overly optimistic or pessimistic, therefore inviting a correction.- Technical resistance: When a price moves up or down sharply, it doesn't leave behind any support or resistance.- Price Pattern: Price patte

$SPY(SPY)$  $QQQ(QQQ)$ $Micro E-mini Russell 2000 - Dec 2022(MRTY2212)$ Follow Through Day (FTD) is a concept developed by William J. O’Neil to identify an important change in general market direction, from a definite downtrend to a new uptrend.$TQQQ(TQQQ)$$SPXL(SPXL)$ $Enphase Energy(ENPH)$ $Hess(HES)$ The 8-Week Hold RuleIf your stock gains over 20% from the ideal buy point within 3 weeks of a proper breakout, hold it forFollow me to learn more about anal

"I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade."Losses are a big part of trading. Learn how to lose correctly."A good trend following system will keep you in the market until there is evidence that the trend has changed."Price is the best evidence. Price pays."I always say that you could publish trading rules in the newspaper & no one would follow them. The key is consistency & discipline. What they couldn’t do is give them the confidence to stick to those rules while things are going bad."You learn how to trade through trading!"If there is any lesson I have learned in the nearly twenty years that I’ve been in thi

$Meta Platforms, Inc.(FB)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Netflix(NFLX)$ $Alphabet(GOOG)$ There is no better way to gauge the market’s health than by the price/volume action of the market’s leading growth stocks.There are tons of great indicators out there for gauging the market’s health, but at the end of the day, they are all derivatives of price and volume. So, understanding how to interpret price/volume action is an extremely important skill to develop.Ignore The Ne

$Nokia Oyj(NOK)$ $Apple(AAPL)$ $Meta Platforms, Inc.(META)$ $Airbnb, Inc.(ABNB)$ $C3.ai, Inc.(AI)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Direxion Daily S&P 500 Bull 3X(SPXL)$  Gap trading is much simpler than the length of this tutorial may suggest. You will not find either the tops or bottoms of a stock's price range, but you will be able to profit in a structured manner and minimize losses by using stops.$Nokia Oyj(NOK)$

$NASDAQ 100(NDX)$ $S&P 500(.SPX)$ $DJIA(.DJI)$ What Is a Shadow?A shadow, or a wick, is a line found on a candle in a candlestick chart that is used to indicate where the price of a stock has fluctuated relative to the opening and closing prices. Essentially, these shadows illustrate the highest and lowest prices at which a security has traded over a specific time period.The shadow (line part) of the candlestick can be compared with its wide part, which is called the "real body."- In a candlestick chart, the shadow (wick) is the thin parts representing the day's price action as it differs from its

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ Scan the weekly charts of the top 10% 1, 3, and 6-month relative strength stocks within 25% of recent highs - 30-day highs, 60-day highs, 52-week highs. It doesn't matter - pick one. The point is that the stock has retained recent momentum. Don't obsess about it. You want stocks with trend, momentum, volatility, liquidity, and relative strength.Image 2Identify the pivot or breakout point where the stock would have to breakout of to trigger you into the trade. Typically, this will be highest points of the 3-5 day tight range you identified in the last setup. Using the model image, the pivot point is point 2.Image 4At a minimum, make sure that the group/s

$Tesla Motors(TSLA)$ $Unity Software Inc.(U)$ $Sea Ltd(SE)$ There are seven easy steps to follow when creating a successful trading plan: - Outline your motivation. - Decide how much time you can commit to trading. - Define your goals. - Choose a risk-reward ratio. - Decide how much capital you have for trading. - Assess your market knowledge. - Start a trading diary.The Most Important Thing is - Keep It Stupid Simple“Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in t

$OXY VCP - Volatility Contraction Pattern is not a separate pattern from a cup with handle, power play, inverse H&S, double bottom, cup completion cheat (3-C), etc... it's a characteristic of the patterns. Yes, it does map out a "pattern", but it can occur within any of the above.I developed VCP because I saw so many traders misinterpreting technical patterns and I wanted to come up with a way to better explain what to look for and how to properly identify constructive price action. Viola! Volatility contraction analysis via VCP is born.- Mark Minervini    $Occidental(OXY)$ $SPY" You don't want to bet the farm when trading but if you trade like a pussy, you'll never have a farm to bet!"  

$Meta Platforms, Inc.(FB)$ $Amazon.com(AMZN)$ $JPMorgan Chase(JPM)$ $Netflix(NFLX)$ When you say, " I can't sell my stock because I don't want to take a loss." you assume that what you want has some bearing on the situation. But the stock doesn't know who you are, and it couldn't care less what you hope or want. Besides, selling doesn't give you the loss; you already have the loss. If you think you haven't incurred a loss until you sell the stock, you're kidding yourself. The larger the paper loss, the more real it will become. If you p