If you are going to do this investing/trading thing, let’s at least help you get some skill | miiflo.com & signalp.ai | Nothing shared is investment advice.
If SPX hits 7620.91
Either today (Monday) or Tuesday
This would be the 4TH FASTEST
▪ All Time High (midday)
▪ To -5% drop (midday)
▪ To new All Time High (midday) round trip
in S&P 500 history.
#NQ_F closed the week right above composite balance. In the middle of a range from 28800-31K.
Contract roll, #FOMC & markets closed Friday
Should we continue to accept above balance, expect push to test 31K 🎯
Rejections from 31K either try to accept 30500-31K, or reverse back lower to higher timeframe balance 🧲
No risk to buyers unless we accept below 28800 ⚠️
#NQ_F closed the week right above composite balance. In the middle of a range from 28800-31K.
Contract roll, #FOMC & markets closed Friday
Should we continue to accept above balance, expect push to test 31K 🎯
Rejections from 31K either try to accept 30500-31K, or reverse back lower to higher timeframe balance 🧲
No risk to buyers unless we accept below 28800 ⚠️
Happy contract roll week! May your data adjust or not adjust according to your process.
Me? I find roll day a good day to be cautious. We have split volume between M & U. I'll trade whichever has the higher volume.
Just riffing on great thoughts from Deli👇
Focus on process…you can actually influence that.
Makes me think we should talk about process all week.
Send me your “process” questions.
Why successful traders focus on process and not outcome.
Not because it sounds cool. Because it works.
Focus on the outcome and you usually get the opposite of what you wanted.
USA hung four on Paraguay last night. And here’s the part nobody talks about. Pochettino never had them chasing a scoreline. He had them chasing the next chance, still firing into stoppage time with the game already won, because that’s what got drilled in. You don’t program yourself to win games. You program yourself into positions to score.
Same game in trading.
Focus on winning and you’ll probably lose. Focus on the things that put you in position to win and you might end up a better trader than you thought you could be.
The lessons are everywhere if you actually want them. The ones who handle the minutia, the execution, the boring repetition, those are the ones collecting the rewards. The ones glued to the P&L are the ones talking about stuff that doesn’t matter.
Process or outcome. Your call.
Cheers, DELI
$SPCX employees are zealouts. I wouldn't expect them to be quick to sell. Also, makes sense they would try to follow Musk's example and "buy, borrow, die" via SBLOC if able.
While you're waiting for first print of $SPCX, run a @miiflo_hq "what if?" scenario. See what a longer view portfolio of multi-leg options could do for you over time. miiflo.com/what-if 👊
For those who need to hear it:
YOU don't need to trade $SPCX.
YOU don't need to have an opinion of $SPCX.
YOU don't need to know anything about $SPCX.
Take a walk. Enjoy your day.
Let's walk through a #TRCT playbook signal in #RTY_F from yesterday after the #TACO catalyst. Here's the picture and opportunity when the signal hit. Note it's not a super high confidence score, so looking for pullbacks to join....
Happy $SPCX IPO day. May all your early issues bring you happy returns.
Some #TACO mid session goosed price back to composite balance, so with IPO and beginning of roll, we could go either way.
Note how we "backfilled" the "thin" profile from last week?
For developing traders, auction behavioral stats are SO helpful. They help you learn “normative” auction behavior. They help you stack probabilities of success. Pair with risk management and you are on your way. 😉👊
we gave Claude's newest model Fable 5 access to edgeful's entire database and asked it to analyze every initial balance report.
what it found will change how you approach trading the IB.
like reply "IB" and we'll send it to you for free (must be following so we can DM).
$SPCX IPO tomorrow, no price history. How about you wait for a month and see how it behaves. In the meantime, here's a "drip" from @miiflo_hq$QQQ — defined-risk drip 📉
Max profit $1,823 · max risk $5,277 · break-even $651.77 / $750.23.
You can't control outcomes — you can control allocation and risk.
#options#investing#definedrisk#miiflo
IV rank is elevated in $SPX/$SPY/#ES_F and we're between composite value references. Here's a way to take advantage via Iron Condor. In $SPY look to get 7.70 or better on the spread. If filled, hold for next 20 sessions or so. Abandon if price has daily close beyond 686 or 761. 80% chance you take home $350 /spread.