Sunrise Trader @SunriseTrader
Trader trading the trend. Trade in a state of grace. Family friends laughter health & time to play important to me. Living life in alignment with 'what is'. West Coast Joined October 2016-
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Welcome new followers. I have no agenda on X. I joined for camaraderie, stock ideas, education & laughs. I don't have a service & don't blog. I use my own money to trade. My posts are for educational purposes. Teamwork is how I roll.
Leave with this--> When you have your priorities straight good things happen.
Bracket order stop on 1/3 of the let it rides on $WMT hit made great % on these shares. I still own more let it rides.
Took payday shares off on a few names with new trades made today. All for good payday %
Earnings season is a good time to start a go to list if you don't have one. Pick the names form a variety of sectors that have a good response to ER.
Fear and greed index. Nice to see it in the fear area over extreme greed. cnn.com/markets/fear-a…
Never forget it is your money on the line and your job to manage it.
$WMT still own the let it ride shares and have my stop with 3 different brackets. One of the brackets will likely sell today. Today's stick on the daily bearish engulfing and below 50ma
$BAC a let it ride I still own. Watching for any topping action. Have inched up the stop with today's high. Been posting updates since day took the trade. Cover chart follow left to right top to bottom for education
I am down to a small number of trades and a few less let it rides.
No one knows what is next for the market. Stick with your system that works for you. Quiet the noise.
I am using the mindset of staying nimble on shorts and/or longs. Once make money I will inch stops to keep the money. I prefer swing trading but mostly in day trade mode here. To hold a name for more than one day I need cushion. The H1 and 65 min charts leading my thoughts.
$NFLX hollow off 100ma and former gap. It gapped up today. Still has lots of overhead resistance with the ER gap down
Traderstewie @traderstewie
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@SunriseTrader Buy Fear, Sell Extreme Greed. Greed though is fine 😀 “The point is ladies and gentlemen that greed, for lack of a better word, is good” --- Gordon Gekko
every few years (18 months for me) i need to "reset my levels" because "the numbers change". when u get a new high range on the index and then it "resets" around here (fear/greed level), this is excellent for a long term swing portfolio 👌
Fear and greed index. Nice to see it in the fear area over extreme greed. cnn.com/markets/fear-a…
@SunriseTrader smart trader, only take trades when there is opportunity!
@SunriseTrader so true! i dumped a massive amount of info on my wife last night, then she said "ok. now what?" and i paused and then said "i dont know..." classic (and sorry to the wife lol)
I think Sunrise will find diamonds in the dumpster $SNOW $SPY $QQQ
@SunriseTrader $PANW also regained the AVWAP from Feb low this morning. I'm back in the morning for the 3rd time since Feb low. Maybe 3rd time is a charm, LOL
@SunriseTrader fwiw many bounces are taking place on absolutely abysmal volume as far as today goes def. trimming and acting careful here unless we flip EMAs
@SunriseTrader Yeah, I do not like trading these areas. Different agendas/timeframes. Can get very erratic.
@SunriseTrader That’s why I love $ES. already done for the day before open.
5115 PBT in ES... way down there. In my experience targets that far don't play out same day
@SunriseTrader Good to hear also the losses, we all get SL hits on days like today
@SunriseTrader Appreciated. I think I will be fine. I got the right stocks, just at the wrong time. I usually wait until the smoke has settled before entering new positions. 🤙🏽
@SunriseTrader Re-entering a name is one of the hardest concepts to present to newer traders - something I do very frequently