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I emptied my account down to 30k after the last big win.
Now its full again today. I will cash out 70k.
My biggest one day total. I earned it. Cashing out.
I started this account with 7k back in February to take trades from the alert service and see where it could take me.
Only took the trades alerted. Even though I withdrew a few times still made it near 100k today. (I will cash out 70k).
Ive done 8k to 80k with my futures account back in 2022 when I also had a few month without losing and members remember that period.
I just wanted to show this to anyone who is losing hope that you do not need to trade every single day and you dont need to hit one big lotto home run to climb back up.
Instead doing less, which might sound counterintuitive, actually gives you the best chance to take steps forward in the stock market.
Sad. Money does not buy happiness and fulfillment.
JUST IN: 🇺🇸🇨🇳 Nvidia $NVDA CEO Jensen Huang sends letter to employees after being targeted by female Chinese spy:
"I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did."
"I am fully committed to NVIDIA and will work to earn back your confidence."
Contrary to popular belief, buying a new ATH breakout is one of the worst things you can do as a trader.
(unless your a chaser. not a trader)
You have broken the number one rule of trading:
Be fearful when others are greedy.
It's like buying a brand new car and expecting it to appreciate in price.
On that note, $BRK.A (monthly) breakout into new ATHs with negative RSI divergence.
It's pretty crazy but the market has fked over everyone's brain and logic like a wolf fattening a pig for months in preparation for a big dinner party.
We've been trained to accept that bearish reversals and breakdowns will fail with immediate bullish move right back up (to punish traders for taking a good bearish setup), now everyone believes bearish moves will (hopefully) just pop right back higher without confirmation.
Market has rewarded hopium as a trading strategy for months up until the recent turbulence.
$AVGO (weekly) I always speak from personal experience. Doesnt matter if others agree or not. Not here to make friends or convert people into my religion. Just sharing my experience and you guys are following along. Everything in the market is a personal experience like working out at the gym.
$AVGO (weekly) failed breakout.
One of the toughest thing about trading breakouts is that you have to wait for confirmation/candle close.
But then if you wait for candle close, often times you miss the bulk of the move.
Hard to be disciplined as being disciplined doesn't always give you better results.
That's why I stopped trading breakouts and began to focus on the less crowded reversal trading.
