Trader_Dax @trader_daxx
Superman Joined June 2022-
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“I’ve missed more than 9,000 shots…” — Michael Jordan He missed half the time. Great traders do too. A losing trade isn’t failure. A winning trade isn’t success. A good trade is one that you would take again, regardless of the result. Focus on what you can control. Process…
Operating ratios (OR) at some trucking firms are nearing 2008 levels but heck, we got new trade “deals” announced. I’m staying sidelined as $SPY bids higher on mere hopium. Enjoy it while it lasts. From late Jan to March 2000 the NDX rose 25%. By late April it was down 28%. 🚧
Weekend reflection: a lesson in trading clarity Every trading strategy, no matter data driven really just exploits one of five edge sources: 1. capturing trends (momentum/trend following) 2. fading extremes (mean reversion/counter trend) 3. exploiting relationships (relative…
A true story worth your time. I’d known Richard for 25 years. He was beyond successful both in trading & investing. However, he was always scaling up in homes & other material things with his latest property resembling a resort (situated on Treasure Island in Florida). Then he…
I’ve a colleague who’s been consistent and profitable for many years with his options strategies. Low risk, minimum acct size 10k needed. He has a few spaces in a low priced workshop month end in Ft. Lauderdale. Solid and robust. 👍 simplestocks.com/options25
Rubik cube tutorial
"You need to workout everyday to get in awesome shape" Bullsh*t. A solid physique can be built with just 2-3 sessions per week. Here are the 12 best exercises you can do to build muscle:
12. Hyperbaric Oxygen Therapy (HBOT): A Metabolic Support Tool Seyfried views HBOT as a powerful metabolic therapy—especially when combined with a ketogenic diet and glucose restriction. It saturates the body with oxygen, which nourishes healthy cells. But for cancer cells, the…
@F_X_Chris @Jeeniuzx The amount of data needed for backtesting depends primarily on two key factors: trading frequency and market conditions coverage. For scalping, 3-6 months can work (a week of 15min data ≈ 2 years of daily data). For daily/weekly timeframes, 1-2 years is solid. Quality >…
9 PM EST is absolutely my favorite time of day to put on positions, but, it has become increasingly noisy the past few weeks. perhaps a bit thin due to time of year? I never know the "why"....
@hawkeyefx color rule based on Welles Wilder's volatility stop and reverse formula (public domain). It helps highlight the swing highs and lows. Buy red zones in uptrend, etc.
@Payson_bg nothing i use is proprietary. At the bottom i usually have the difference between a 3 and 10 simple moving average with 16 smoothing and sometimes I overlay a 2 period ROC on top of it.
the majority of the time you can trade from either side if you are patient and wait for your spot. Only need 1-2 clean spots a day. Stalk first. Bull could have scalped long and bear could have waited for sell div. Work just one side, dont try and flip back and forth.
If you ever find yourself overtrading and getting chopped up, very likely it is on a "non trend" day like today: narrow range with pronounced value area (yellow line). Take heart because the next trading day is very often a trend day or exceptional trading day.
and this is why OD/ID pattern is one of the most powerful breakout patterns. Now getting range expansion down. (gap underneath comes in at 5805.75 basis SP US session.)
I don’t care about winning every trade. I care about positive EV. The only thing that matters is expected value after fees and slippage. Period.
@rockpo1 At a pro level, discretionary doesn’t mean unstructured—it just means judgment guided by experience within measurable frameworks

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