Software Architect | Sharing my insights, lessons learned and ideas about the stock market | Learning to make money from the markets | Happy to learn from You
So, bye bye @IBDinvestors , hello Deepvue. I need some fundamental screens, and when one provider doesn't get it's act together and turns off their screener, i move on to greener pastures. Let's see what the @TraderLion team has created.
So i just paused my IBD Digital subcription at @IBDinvestors since they neither made the stock screener work for over a month nor were polite enough to answer the repeated requests about this feature.
@IBDinvestors So the stock screener is now unavailable for over a week from Germany.
Is there a roadmap when it will be available? Infrastructure upgrade for a week without ETA is... irritating.
Thanks to @Upticken i dusted off my earnings playbook for $CRCL. Selling to machines and having machines pay is imho the killer use case of the AI era.
So i am sitting on a risk free trade with quite some size. Because i listened to AVWAP and @alphatrends
Thanks 4 ur teaching
It's Monday, it's a bull market, it's earnings season... And there is Father's Day on Thursday, meaning short 3-day week for me, with more market time.
Life is beautiful.
A good week to you all.
The last time i have seen a market this strong was in 1999. It was different nevertheless. Broader. Less Quality. Less fundamentals.
Plan: Trade as good as i can. 25% cushion allows more risk. Then be cash or short when this collapses, as it always does.
So i scraped off a few profits yesterday, because my risk was getting high and $AMD had earnings. Well... risk is now higher than yesterday.
On the one hand regret that i am not on margin, on the other hand i look at SMA10s and think... "Uhoh, that is far away".
Really don't know what is happening. Am waiting for a move back for a few days now, but everything is pushing upwards. I don't complain, but it starts to feel unreal.
Had the best month ever, with something around 15%.
It is really nice to see work paying off. It also helped my mental state to go more systematic and work more on strategy than to run after entries and execution on a daily basis.
After working with AI for years now i have become convinced that the last sentence anyone on Earth will read is "Good catch!".
Probably following a prompt like "The nanomachines now convert all matter into more nanomachines. There must be a mistake in the design somewhere."
Back to 100% invested. Been a while.
Trading the Nasdaq long trend following system and taking a few positions in high quality names with low risk.
$VRT, $FIX any $WWD. 99 Comp rating at all time highs is something i can get behind.
Systematic trading brings it's own challenges.
When your system says "Buy $MRVL" and you are like: "really? No, i dont want to chase this"...
That's a different kind of psychological challenge.
So since there might be a follow through day today, i ran the vcp screener again since quite some time. To get a list of stuff to buy in case there is a "you have to buy something" situtation.
Imho interesting:
$MOD, $FIX, $ATI, $WAB, $NRT, $ESEA, $RBC, $LMAT, $HUBB
Meanwhile i did start trading the long term Nasdaq100 trend following system. Staying in $MU, $WDC, $AMAT, $INTC, $AAPL and $GOOG until exit signal, risking 1% max each.
Teaches me that short term volatility appears often worse than it is.
Having clear rules helps a lot for mental stability. Although it is hard to say in stocks that i had sold two years ago in an instant, it teaches a lot.
I'd never had assumed that good stocks are so resilient, even in a suboptimal environment.
Being in the market with 20%-30% invested also helps with motivation. It is easier to do some work daily, when you check your portfolio and are aware of your maximum downside.
Maybe i was too obsessed with downside and losing money, as others are with winning money.