Seven Star Mike @7StarMike
20% off first month of Blackbox Stocks: https://t.co/NXpRncCFs1 Free info here: https://t.co/Qv5ynNZbSt… https://t.co/O8MYjSY82R [email protected] Joined February 2018-
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22 Tips For Trading Success OK, I forgot about this for a while. I just sent it out to someone and thought many of you would like the info as well. It is sent from Mail Chimp, so if you don't see it right away, check you spam folder. mailchi.mp/836a13fd5320/2…
Welp, the $500 account took a hit today. Bad timing. It would be BS if I didn't post the losses, though, so here it is. =(
I've been asked often if I teach classes. I don't have any planned curriculum, but if you watch the videos I put out, everything I use on a daily basis is in there. Here's one for the small accounts. youtu.be/gInLfq5vRGY
20 point bounce, that line was golden.
20 point bounce, that line was golden. https://t.co/eiDjrE322Q
$DDOG Look at that bounce off the support level. I have another account where I post JUST setups. No teaching, no fluff, no anything but trade setups. If you are experienced in trading, and just want a setup I'm looking at, check out @7StarSetups
At least temporarily stopped right about that level. It can still push through at some point, but that is why we mark support and resistance levels. It's beneficial to know ahead of time where it MIGHT pause.
At least temporarily stopped right about that level. It can still push through at some point, but that is why we mark support and resistance levels. It's beneficial to know ahead of time where it MIGHT pause. https://t.co/bMTMc41JGu
Micro Account. Only took 1 contract this time because I wasn't confident on the strength of the move. Traded the break of that consolidation mess, down to LOD. $119 in buying power, $32 in profits. 27% gain.
$SPY pre market resistance was a peak on Friday. Keep that mid $498 level in mind.
$PEP ER 4/30, can we push through prior resistance with an ER runup, into that next level of resistance? Would be a nice move for short timeframe.
I haven't traded $META in a long time, but man, this spot on the chart might be sexy.
These closed up 20% today, lines on chart below would be profit targets based on the chart, or follow the hedge fund for exit, depending on your trade preference.
$TRIP not quite ready yet, but if the market continues to drop, there is a downside gap to fill in this area.
Messed up in the $500 account. Only took 1 contract each trade because I felt it was a choppy day. First trade went ok, second trade gave it back. Red $1 in that account for the day.
It's kinda choppy, just over here trying to scalp 5 points. 🤦♂️ There are some decent moves in both directions, but it definitely isn't a trending day.
Back to futures. I went short on a break of support. My target was 5010 yet I closed at 5019.25. So, I'd consider this a profitable trade but not a good trade, as I didn't follow my trade plan. Sometimes it's better to just set your stops and let the platform take you out. 🫤
$SPY Two good moves for the day if you don't trade the opening bell, then just chop. Today was easily a 3 or 4 hour day, yet here I am wasting the other 2.5 hours away staring at this chart. I did play some online poker, so it wasn't a complete waste, but still.
There's the $500 in buying power for the micro account. 2 $SPY trades to beat the goal. No yolos, keeping it ATM, quick scalps for profits and close.
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@7StarMike #1 Don't be emotional. #2 Don't be emotional. . . . #16 Don't be emotional . . . #22 Don't be emotional Let's be honest...as trading advice goes, that's still better than most.
@7StarMike I took a L on SPY today too. Went short then bounced on the ORB low then non stop ripping after that lmao
@7StarMike I almost walked away red. Did on one account but hey my other account made up the difference. Man $500 account is not easy to trade in I give you props for that. I should do one and get into options more often just used to future so much now. It's hard to go back tbh
@7StarMike Thanks for doing this. Came across it in my YouTube subscription feed and wanted to share my gratitude!
@7StarMike @7StarSetups Mikes an awesome dude. You’ll get a lot from this. Cleaned up my feed a while ago but make sure I always follow him.
@7StarMike @7StarSetups Oh no doubt. I have faith in you. Just not her
Looks like selling picked up just prior to the last high (divergence) I'm not in yet, took one quick trade this morning. Still tweaking the pine parameters of the buy/sell script. Just watching for now. Thanks for the info 7-Star! It's a reminder I'm looking in the right spot 🔥
At least temporarily stopped right about that level. It can still push through at some point, but that is why we mark support and resistance levels. It's beneficial to know ahead of time where it MIGHT pause.
@7StarMike Traders are still putting $$$ into at resistance to go long here and hope for 500.
Happy Saturday!! Out doing what I love to do. 📷📷
#SaturdayMotivation "You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the one who'll decide where to go...”
@7StarMike I had a nice short there, down to my runners now.
@7StarMike And then we __ that’s what eye bin sayan
With the overnights I took traded at night on Full $ES and my one trade short today ended the day with a hell of a run. Can't complain $17k including overnight. Okay can take the rest of the month off (who am I kidding🤣) Monster day for me. Been a bit
@7StarMike Options get front run ,briefly encourages the directions shown then goes opposite to accommodate other positions is my observance. Again great share buddy !
@7StarMike probs drift a bit then a bounce before gap gets taken, nice share SSM !
@7StarMike @rousni79 Fair enough I do this sometimes I have an account where I zero out to just keep me grounded. It's kind of fun actually.
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