Day trader turned swing trader. Here to help others improve their trading! Join me for live streaming on Discord. https://xitter.cf/t.co/RRhmvGkkh0
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Joined April 2020
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This is just incredible and hilarious all at the same time 🤣😂
I really need to get my video making skills to the next level
A few traders celebrated @NickDrendel's birthday 🎂📈
EPIC party. Best one yet.
Charts bullish, vibes immaculate…
…until THAT person walked in. 👀😂
You know who. 🔥
@RealSimpleAriel @Clement_Ang17 @CFlanders7 @martinlukkt
Alô, polícia? Gostaria de denunciar um homicídio. Acabei de presenciar um verdadeiro massacre. $EWZ
Look ahead to next week. Will equal weight lead?
- $RSP back above the 50sma.
- 41.5% of my universe back above the 50sma
- $XLE $XLV $XLP money going into the defensive parts of the S&P 500
- $XLC horrible week and a nasty rollover below the 200sma. $META $GOOGL $VZ $T $NFLX just a giant avoid for now.
- $XLI steady trend below the 200sma. $CAT was being called a part of the AI trade, bet they wish that label was never applied to them. $GEV also down 11.5% for the week. Former leader having lost the 200sma.
- $XLK flat week roughly but still the worst performer over the last month. Such a large part of the S&P 500 peaking out at nearly 40%. I would not be surprised to see continued unwind from that group.
- $XLF nice to see this group sticking around but more importantly the $KRE. Regional banks playing a roll in keeping the $IWM buoyant.
- Speaking of the Russell $IWM. We saw short positioning decrease for the prior two weeks. Hence the reason it has been flat this past month which the $QQQ is down 6%.
- As for the Nasdaq small and large specs bought the dip. Hard to see how we meaningfully go higher with crowded positioning.
- Software, in particular cyber security $HACK $CIBR leads the way for growth. $NTSK $RBRK $TENB $DDOG $NET $PANW $CRWD
- This is a market for the patient. Get the idea out of your head that we are going to see new highs out of semis, memory, photonics and neoclouds. That party is over.
- The focus should be on where is money going and where is money leaving.
- Can we get a bounce in some of those themes? Yes! Should you reasonably expect clean trends to be born out of broken charts? You already know that answer.
Ariel Hernandez retweeted
This week alone I've tested 9 of fintwits' finest traders' rules on real trades.
@ShakePryzby1, half off at +4R: fewer round trips, lower average
xitter.cf/Muninn/status/21122287…
@jfsrev, three stops: less drawdown, less profit
xitter.cf/Muninn/status/21125793…
@RossHaber, 2nd close under the 20-day: longer holds, nothing extra
xitter.cf/Muninn/status/21128714…
@Wordsofrizdom, weekly trend: didn't help
xitter.cf/Muninn/status/21129249…
@ohiain, breakeven at +3R: a wash
xitter.cf/Muninn/status/21130355…
@TMLitalia, no buys with T2108 under 30: held up
xitter.cf/Muninn/status/21125237…
@PradeepBonde, skip 20%+ run-ups into earnings: held up
xitter.cf/Muninn/status/21133000…
@InvestorsLive, wait 15 min on parabolic shorts: under half the stop-outs
xitter.cf/Muninn/status/21135922…
@RealSimpleAriel, don't chase the open: right, except the biggest winner
xitter.cf/Muninn/status/21129938…
Verify everything.
In the next update of app.qullamaggiedeepdive.com I will be introducing a new research-desk. Cant' wait to share.
Always study. Always look for edge.
@jfsrev has so many brilliant ideas and adaptions.
It's not only about bagging those big winners, but also about cutting our losses (smaller).
Jeff says that "If your win rate is below 40%, your top priority should be reducing your losses further."
I tested it on Qullamaggie's breakout trades. It reduces the drawdown by almost a third, but gives up some profits..
10/23/2023 Premarket Prep xitter.cf/i/broadcasts/1nxnRBDEN…
Ariel Hernandez retweeted
No apologies necessary - keep away the Furus! ⚠️☠️
If they have a Whatapps group, don't walk away ... RUN!
You can learn everything you need for FREE BUT you need to do the work. See this post for resources :
xitter.cf/SteveDJacobs/status/19…
There are amazing and truly talented swing traders and Market Wizards who have generously shared all you need to learn to swing trade.
Go follow these X accounts and read their posts. Follow who they follow.
In no particular order and apologies to the many, many omissions 🫡:
@RealSimpleAriel
@TheShortBear
@jfsrev
@Peoplewish
@NickDrendel
@NickSchmidt
@1ChartMaster
@801010athlete
@AmeetRai
@mwebster1971
@Qullamaggie
@PradeepBonde
@LoneStockTrader
@CFlanders7
@ohiain
@edgeofsteve
@realpristinecap
@Upticken
@Muninn
@Trader_mcaruso
BTW ... the key for the badges was in the post.
Badges 🛡️
KQ = Qullamaggie
MM = Minervini
ON = O'Neil
DB = Darvas Breakout
SB4 = Stockbee 4% daily gainer
SBW = Stockbee 20% weekly gainer
SB9 = Stockbee 9M Mover
TML = Liquid Growth
97C = 97 Club
ER-n = Earnings in n calendar days📅
2A/2B = Stage 2A-2B 📈📉
Relative Trend Strength (square badge)
Strike Zone (circle badge) ⚾️
Are trading courses & subscriptions worth it?
What are the FREE alternatives...
When I first started trading, it was books and newspapers only .... now it is everywhere - TikTok, You Tube, Discord, Seminars, X, courses.... talk about "drinking from a firehose"! 💦
Personally, I have not found any courses/subscriptions that have “secret sauce” or resources/information you cannot find elsewhere for free - if you know of any, let me know!
Here are a few no-nonsense suggestions if I wanted to learn to trade today:
Books
After reading hundreds of books on trading, investing, human behavior etc., I found a lot of “noise”, repetition and waste (I am a slow reader!). With summer vacations here/approaching for many, below is a link to books I do repeatedly read.
xitter.cf/SteveDJacobs/status/19…
YouTube
@traderlion is the gold standard of trading education.
The interviews with top traders and USIC winners are top-notch and their recent "Traders Handbook" is excellent (I read it ... albeit slowly 🤣) - I always make time to listen to @RichardMoglen @rosshaber @ameetrai @nickschmidt
youtube.com/@TraderLion
@chatwithtraders
Particularly a fan of the older interviews hosted by @aaronfifield ... the Qullamaggie one is gold!
youtube.com/@ChatWithTraders…
@wordsofrizdom
Another channel interviewing top traders ... always excellent production and content
youtube.com/@wordsofrizdom/v…
@Qullamaggie
Nobody did it better ... streamed it all live for free then went to enjoy life! 🐐
Read this from the man himself…
qullamaggie.com/my-3-timeles…
… then watch these excellent Kristjan Kullamägi videos collated by @traderCharlieM
youtube.com/playlist?list=PL…
@PradeepBonde
Pradeep Bonde is an absolute Legend
youtube.com/@Stockbeevideos
@RealSimpleAriel
If you can, join Ariel's excellent free premarket Q&A in X or YouTube if possible, or watch his market recaps on his channel below.
youtube.com/@RealSimpleAriel
X
Follow and go through @jfsrevg posts ... so much amazing content.
Bottom line - learning to trade is a bit like learning the piano or getting in shape. YOU have to do the work, the equipment/tools are there waiting for YOU ...
Let me know what I missed and have a great weekend!
🙏
10/23/2026 Daily Recap: Bottleneck bros in shambles
- $XLP up 3.3% $WMT $COST $KO $CL $PM
- $XLK down 3.3% $NVDA $MSFT $AMD $MU $INTC
- That describes the market well. AI trade is getting destroyed at the moment.
- $KRE nice push back above the 200sma with help from interest rates all along the curve being hammered.
- $IWM we knew was crowded short and has been the obvious out performer all October despite being flat.
- $QQQ opposite end of the spectrum has been the most crowded in over 5 years finally seeing some of that positioning unwind.
- NAAIM was interesting because it jumped 13pts which means either active money managers are rotating into the consumer staples or they are still loading up the AI trade on the way down which we know wont end well.
- $GLD down almost 3% has been a steady fade for two months.
- $BTC gapped down and hugging the 50sma. I personally wont give $IBIT much more breathing room.
- $DRAM $WGMI $FOTO $SMH which is your AI trade all had a miserable day. But the weakening action in that group has been notable for a few weeks now. Easy to sidestep a day like today.
- $ITB $XHB leading group today. Helped by interest rates. Not constructive (pun intended) just yet but we will see how things shape up in that group over the coming weeks.
Ariel Hernandez retweeted
Always a good time hanging out with @RealSimpleAriel
You can truly meet some great people on this app and at many of the events @Traders4ACause does. You start to realize most who trade are just people. Many will have normal conversation like anyone else. Sure there’s moments of edge shared but often just that genuine connection goes a long way and keeps us sane in this stressful and often lonely profession. Just message people. Can go a long way.
Many of my smaller trading circles have developed from meeting others at these events. Which led to our own things. Trust builds over time like anything else. Group dynamics and relationships have to be nurtured and grown like anything else valuable in life.
Ariel Hernandez retweeted
Sharpest rotational day since we've begun tracking the +4%/-4% movers. Never had both of these so elevated on the same day.
Look at the themes money is is flowing to/from.
NAAIM 87.69
I keep hearing how bearish everyone is and how much this market sucks.
Yet people keep buying the dip, buying the dip, and buying the dip.
NAAIM exposure is up 13 points in a week, while COT data shows positioning only slightly unwinding from its most crowded levels over the last five years.
There's a clear disconnect between what people are saying and what they're actually doing.
Everyone is bearish with their words, but bullish with their pocketbooks.
When my wife is asking where we are going on vacation next.
Shoutout @I4NFTS for the inspiration 🤝
