Spencer Vandermeer @InvestWithSpen
Stock Speculator 📈 Contrarian Swing Trader. RCMP officer in Canada. 🇨🇦 Joined March 2012-
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@ShaneStoffer You're conceited to think god is giving you strength while many people suffer immensely.
@i_managed_risk Getting a 3-6 month top after a parabolic move is not unrealistic. That move from April to June was not some normal rally.
@Peoplewish Its almost unbelievable watching this market purposefully mess with traders 😂
@FelipeGuirao AKA the market sniffs out a slow down in infrastructure spend is usually a good starting point.
@FelipeGuirao There is a reason why stocks eventually peaked in the telecom bubble, the railroad bubble, etc etc. If you understand the reason then its a lot easier to time.
@qcapital2020 The average person doesn't even care about productivity.
@801010athlete Trading is a great way to complicate your life though haha. Simple life would be DCA'ing into the market.
@BlogJulianKomar I believe less than 1% of traders sit down and deeply study the market. Most just scroll through charts and draw some lines, but how in-depth do they really go, not much IMO. Deep dive uniterupted studies that analyse every apsect of your edge is what is required.
@BlogJulianKomar I don't disagree that those things you listed are issues for a lot of traders, but I believe there system/edge is the bigger issue. I consistently see the most well-known Fintwit traders who have been around for years post charts that have no edge IMO.
@ConnorJBates_ Is that random line your edge?
@AmeetRai Not really sure what you mean by psychology? The setups I trade form from the psychology of participants. So its just about identifying those setups and then pressing the buy and sell button according to your rules.
@Figure_robot Wow are we far away from this being actually useful... Very disappointing to see.
@RealSimpleAriel Well usually chop ends with a major shake-out or massive breadth expansion/catalyst/range expansion. I'd have no conviction getting involved before and would never be able to put on size and correctly trade the position.
@jfsrev Why exactly would AI slowing down cause more Cyber attacks? What am I missing lol.
@1ChartMaster Why should this work when Memory names failed there breakout, and DELL/HPE, has the environment now changed?
Fintwit the past 1-2 weeks has gone from obsessed with Memory names, to DELL/HPE, to now Cyber names, when do they learn to not trade in this environment?
@nextbigtrade It's sister stock (HPE) is ruined by this gap down, high risk to buy this IMO.
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