Trading Rules
1. Strategy: Strat-based multiple timeframe analysis day/swing trading (thank you, Rob). Enter at bottom of broadening/narrowing formation and exit at top, staying aware of fundamental catalysts (such as FOMC). Formations based on 30-min, 4-hr, and weekly charts.
I’m using Twitter as my trading journal. Feel free to follow along and learn with me. I’ll post the resources I’ve found most valuable below. I’ve attached my evolving trading rules. As you can see, I am continually learning from my mistakes and feel more prepared each day.
Rob, I never had the pleasure of interacting with you, but you made an impact on me. Even after a single video, you were imprinted on me. You have made a positive and perpetuating difference in the lives of many and those ripples have only begun. Your legacy will continue on.
😔 With a heavy heart, I regret to inform you that Rob Smith passed away this evening. 💔
The family & I are working on a gofundme account and it will go live when they are ready.
Thank you for the prayers & well wishes. I know it would've meant the world to him! He loved you
$HD ended with a weekly hammer and at bottom of weekly broadening formation. Searched my watchlists for similar setups and then noted
@r3dpepsi
posted she has found success with this trading strategy. Here are 5 such charts to watch this week.
$HD $AMAT $AMD $WBA $AN
$SPY has now gone in force on the quarterly chart 50% rule (426.36). Below 421.91 triggers 50% rule for the year with new target 🎯 364.82. Will this be defended?
#SSS50PercentRule
@TradeSniperSara
#SSS50PercentRule
monthly setups that have triggered but not yet gone in force. On high watch for tomorrow.
$AAPL $AMAT $AXP $BNTX $CVNA $DASH $LCID $LMND $LYV $MDB $MRVL $MSFT $NOW $PINS $QQQ $SMH $TDOC $UPS $WOLF $XLF $XM
$ABNB $COIN $FVRR $SONO $V $Z on fringe of triggering
Someone asked me to create this ToS chart line draw thingy based on
@TradeSniperSara
's
#SSS50PercentRule
for
#TheStrat
. You can turn on and off long/short setups and other customizations. The lines will auto appear when it meets the rule. Enjoy!
Basically all oil stocks with weekly options at the 50% fib retracement from yesterday. Looking for continuation. Here are a few:
$XLE >81.61, 🎯 82.67
$CVX >160.66, 🎯 162.56
$PSX >90.66, 🎯 91.98
$SLB >38.97, 🎯 39.70
$HAL >30.70, 🎯 31.37
Based on weekly and monthly Strat setups and 4hr/weekly broadening formations watching the following most closely this week:
$BNTX $FB $JD $LRCX $MU $NVAX $TSLA $TSM $W $WOOD
Strat Focus List (by sector)
$XLU $SO $DAL $LUV $UNP $UPS $JD $FCX $GLD $IWM $MSFT $BNTX $CVS $V $TGT
These take into account TFC on quarterly and yearly timeframes and are the stocks I will follow most closely this week.
Thank you to all who have chosen to track my account! As an internist, I aim to positively influence others across multiple domains. I highly enjoy trading and fits with my way of thinking. I hope to continue to provide straightforward and useful info for you.
It’s that time of year again. New strat setups for yearly, quarterly, monthly, and weekly timeframes. Exciting times. Set yourself up for success in 2023.
#TheStrat
$AVLR $CCL $FB $NCLH $NIO $PFE $PLUG $RCL $SEDG $SNAP $TRIP $V all went their full magnitude today and the others were all close. It’s almost too easy…
@TradeSniperSara
@chuckthetrader
This has happened repeatedly. When it triggers 50% rule it feels somewhat destined to go full magnitude. Made it one of my rules to never trade against this setup.
Will post my trading rules for 2024 today. As you learn more on a subject, you can simplify it further and further and eventually become an expert.
Many trading strategies are successful but patience and discipline to follow a strict set of rules is needed for risk management.