$SPY $QQQ I don’t see many traders talk about the concept of positive and negative feedback loops and how your ability to avoid staying in the negative feedback loop is so important. Negative feedback loops are created when a trader has a losing streak or is in a drawdown. When you’re in the negative feedback loop, you come to the market every day and you feel like you have to make money in order to dig yourself out of the hole. The problem is when you have this urgency to make money in the market, you aren’t patient and you force trades you know you shouldn’t be making. And then you continue to make losing trades, which forces you deeper and deeper into the negative feedback loop. This continues until you have the ability to step away from the screens and come back with a clear mind, understanding that losing trades are apart of trading. Your ability to stay out of a negative feedback loop is crucial in avoiding large drawdowns.

$DOCN Impressive

Seems like this is playing out $SPY $QQQ $SOXX

$MSTR bitcoin:native And here we go

We are sprinting $SNDK $MU

Yes $DDOG $CRWD $PANW

$SPY $QQQ $SOXX I have deleted the 21 EMA off my charts. The market will never touch the 21 EMA again

$ADI (long), $TXN, $MPWR, $VICR this group looks real good

Something to consider when approaching the markets moving forward. After the V shaped action last year and the action the past 1-2 months, it’s hard to disagree with @801010athlete here

$SOXX $SMH $MU $SNDK Every marathon ends with a sprint to the finish line

May 4th - Portfolio by size: $ADI 11% No changes for me on Friday or today. Turns out my aggressive profit taking last Thursday was a mistake. Left some money on the table and learned a lesson about how to better manage my positions intraday. Going forward, I want to wait until the close if I have the cushion to do so. Obviously, if a name if acting terribly intraday I will get rid of it but I’ve found waiting until the close will help with getting shaken out mid day. I’ll be a buyer on any weakness/shakeout that may happen. Time to be patient and pick my spots on new exposure

$IGV There are some stocks that are shaping up to move into stage 2 $CRWD, $DDOG, $PANW, $MSFT I think we’ll look back on this earnings season and the talk will be about how the software selloff was a bit overdone

April 30th - Portfolio by size: $ADI 11% Profit taking day for me. We will see if that was a mistake. Saw a bunch of gap and fades on tech leaders. We have been straight up since April 8th so want to realize gains. With that said, I’m a buyer on pullbacks and constructive action. And that could be quick. $POWL earnings on Monday, up 8% today and extended from 21 EMA and 50 SMA so decided to book that one. Last trims were over 20% gain from cost basis. Thought I managed that one pretty well. I’ll go back and look at it. Seeing lots of rotations into things outside of the $QQQ like $XLI and $XLV. That’s a good thing for a longer term trend of the market.

Booked a bunch. $CLS, $VRT, $NBIS. Trim on $POWL. I’ve managed my trades well this week and want to lock in profits. Lots of gap and fades across the board and $QQQ looking weak against the $SPY. It’s just one day, so not saying tech is done. But knowing where we’ve come from since April 8th, I want to see how these leaders set up across the board the next few weeks. Rotation? Pullback? Maybe some other groups take leadership while tech/AI names rest a bit? I’ve had a good few weeks and now I’m in observation mode. $POWL and $ADI I’ll hold my runners with such a low cost basis.

$NBIS stopped for a small win. This thing is a POS🤣 it’ll chop everyone up then probably move higher

Did some trimming. $POWL small trim. $VRT small trim. $CLS small trim. $NBIS is a bronco😂 man this thing is gonna frustrate everyone and then go. I’ll hold with my low cost basis unless it fades all day. $MOD man I botched this one lol. What a day on that back of strong industrials

$SPY $QQQ If you study the best traders of all time, almost all of them talk about how the majority of your annual profits will come from just a few explosive periods throughout the year. @Qullamaggie and Livermore talk about this specifically. You need to create a process where you can recognize this and push the gas when these times come. The majority of the time the market will have sideways chop. Those are the times you go fishing 🎣. The profits you make from the market are not linear. It’s not a 9-5 job with a paycheck. The market does not reward action.

April 29th - Portfolio by size: $CLS 26% $VRT 17% $NBIS 16% $ADI 11% $POWL 11% Made a lot of adjustments. Sold $MOD and $NBIS earlier in the day and then ended up buying them both back. $NBIS ripped from my entry so I kept that, but got rid of $MOD because not a big enough cushion to hold overnight. Want to be aware of my new exposure risk. Got a little add in $CLS and a little trim in $VRT this morning. Big tech earnings on deck after the close.

$NBIS flying from entry. Stop placed at breakeven