Posts
NVTS hold or sell?
I'm down 50% and getting a little nervous as the stock has been down for a month...what are your thoughts?
Strategy Check
Hey guys, I'm relatively new to trading, and I'm trying to develop my strategy. I'm mostly sticking with paper trading in ThinkorSwim for at least the next 6 months, but I wanted to share my strategy. What improvements or modifications would you make? **Scanners I use:** All of the following: …
I stopped chasing clean TSLA breakouts and started waiting for the ugly retest
I was early on the last TSLA setup I tried to trade. Not completely wrong. Just early enough that the trade became much harder than it needed to be. The idea eventually worked, but the entry forced me to sit through a drawdown that probably could have been avoided. That …
MU: the earnings reaction I do not trust right away anymore
I got myself in trouble on a MU-type earnings reaction before. The headline was fine, the first spike looked tradable, and I still entered too early. The part that bothered me later was not just the loss. It was that the trade gave me a chance to wait, and I …
I backtested all candlestick patterns across every instrument to see if they are actually profitable in any way
TL;DW: I backtested 24 candlestick patterns to see if any actually predict price. Data: Bitcoin and Nasdaq futures from 5-minute up to daily (\~1.4M candles), plus 23 instruments across stocks, indices, forex, commodities, and crypto on the daily timeframe going back to 1970 (\~180k bars). Each pattern was scored against …