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$OLLI bearish rising wedgeDoing some more homework here, NASDAQ:OLLI seems to be in a bearish rising wedge and broke out of it on the downside. Unusual flow I seen while doing my due diligence coming in sweeps and At Ask and Above Ask which indicates aggressive buying; looking to get in at any cost. I am seeing 100% Buys vs. Sells, flow is bearish sentiment, sweeps and roughly a total of $200K in premium. The stock jumped off earnings with revenue missing by over a 1% but earnings was below 1%. The dates here are Jan. 17th, 2025 and a Feb. 21st, 2025. I will be giving these a shot for a small bargain. Will update. WSL
NASDAQ:OLLIShort
by wallstreetloser001
$BA eyes in the sky.. Off lows in November 13th to 15th, NYSE:BA Boeing has soared 33% ($44) in 30 or so trading days. Off recent news this weekend, 12/28-12/29, three planes crashed which two were Boeing made and all had deaths from said crashes. Seeming how this stock has risen intensely and quickly I think this could be a good spot to short it within 30 days or so expiration. It may be down in premarket tomorrow, 12/30, I'm hoping I can get a piece of the action. Short term puts here and a possible long for 2025. Bullish momentum for the last 3-4 weeks, RSI is over 65, it happened to drop from $200 zone into its lows in November. My price targets are $175 and $170. WSL
NYSE:BAShort
by wallstreetloser001
$NVDA inverted h&s 4H daily. Short term play. I grabbed 200 cons of 150c for 1/3/2025 avg. @.17. I may be crazy but I’m fun. Should see a burp to $140. $135 very very strong. Low volume today and the whole market reacted the same way so not really too worried. Looking to see where we are New Year’s Eve with a shortened week once again but the tendency seems to be super boost before a holiday. Day before Thanksgiving and day before Christmas the market went big green but we have a full day NYE not half. Also within that tendency there seems to be some type of dip prior. Interesting to watch. Strong close 12/27. We’ll see, we’ll see. I’m manifesting $140 Monday and $144 Tuesday and I’d sell 150 contracts. I’ll be in touch. WSL
NASDAQ:NVDALong
by wallstreetloser001
$SMCI slippy downside; $29 targetWith the rebalancing of NASDAQ, removal of NASDAQ:SMCI after it got a pump from it submitting financial reports to keep it from being delisted the big dogs realize this fraudulent company isn’t worth the risk, investment and headache. I expect below $30. Easily can be down 5% this week and that’s modest. Official date is December 23rd. I will be entering $30p for a swing. There was tons of buying at sub $20’s. There will be tons of selling here. How do people invest in a company who can’t report on time, falsify numbers, auditing team quits on them? Sometimes you don’t play the charts, you play the god damn news. Look at NYSE:UNH , look at my past post & chart. That thing got smoked. NASDAQ:MRNA is next. WALLSTREETLOSER
NASDAQ:SMCIShort
by wallstreetloser001
$UNH Bad News Longs.NYSE:UNH Recent news should (I believe will) put an end to the madness imaginary run from the corrupt world of health insurance. News circulating NYSE:UNH was a top denier of benefits and claims, only will get worse. A CEO involved in a hit sh**ting? They won't find the "guy" and I assume they will make an arrest but not the actual one who did it. Mmn, conspiracy, yes. But, similar pattern evolving on the chart as well, almost like it all makes sense. Might be a good time to short the health/insurance sector.. maybe.. BlueCross BlueShield just cut back on paying for patients anesthesia in NY, CT, and MO. They are against the people.. biggest ponzi-scheme ever. $555 target, break $500 I see $530. A lot of bearish flow poured in today as well. Months out puts. Not financial advice. wall street .. loser
NYSE:UNHShort
by wallstreetloser001
$MU uptrend tapping older highs as new lows?Thinking about starting a small position on NASDAQ:MU $100c for Jan. 2025 for a scalp into earnings call Dec. 18th. Bear vs. Bull flow seems mixed but I see, in my opinion, enough actionable call option flow to take this trade on top of a good looking technical layout. The chart shows me uptrend and bouncing off it's double tops from previous years at $95. Can be utilized as a new clear support. Looks like it's creating a symmetrical triangle off the highs of $145 in June 2024 which currently puts the stock at almost a 37% retrace from that time.
NASDAQ:MU
by wallstreetloser001
1
10 Reasons New Traders FailOvertrading Overtrading often occurs when a trader feels compelled to be constantly active in the market, mistakenly equating frequency with profitability. It's an emotional reaction, driven by factors like the thrill of making trades, a desire to recoup losses quickly, or the erroneous belief that high trading volume automatically equates to increased profits. Overtrading can easily lead to unnecessary and costly mistakes, both in terms of the transactions themselves and the psychological stress associated with constant activity. Moreover, overtrading can lead to higher transaction costs due to increased brokerage fees and the potential for slippage, which is the difference between the expected price of a trade and the price at which the trade is executed. Additionally, overtrading can cause trader fatigue, where one becomes so engulfed in making trades that they lose sight of their broader strategy and make ill-informed decisions. Traders need to avoid the overactivity trap and focus on careful, thought-out trades based on research and analysis. Chasing Hot Tips Chasing hot tips can be alluring for both new and experienced traders. The promise of a quick profit based on so-called "insider information" can be hard to resist. However, trading on rumors or unverified information is fraught with danger. The information could be incorrect, misconstrued, or already priced into the market, which could lead to losses rather than the anticipated profit. In addition, relying on hot tips can divert a trader's focus from developing their own analytical skills. Instead of learning how to interpret market data, understand company fundamentals, or analyze industry trends, they become reliant on the advice of others. This makes their trading success dependent on factors outside of their control. Traders should focus on honing their own research and analytical skills, which allows for greater control over their trading decisions and independence from unreliable tips. Ignoring Risk Management Risk management is a key component of successful trading. Traders who ignore risk management rules can experience severe losses, even if they have a sound trading strategy. One common form of risk management is the use of stop-loss orders. These orders allow traders to limit their losses by setting a predetermined exit point for a trade should the market move against their position. Another aspect of risk management is diversification. Diversification involves spreading your investments across various assets, sectors, or geographies to reduce the risk of a single investment or group of investments performing poorly. Concentrating too much capital in a single trade or investment increases the risk of significant losses. Furthermore, allocating an appropriate amount of capital to each trade is also a crucial risk management strategy. Even experienced traders can make incorrect market predictions, and it's important to ensure that a single bad trade does not wipe out a significant portion of the trading capital. Emotional Trading Emotional trading is one of the most common pitfalls for traders. Fear and greed are powerful emotions that can significantly impact trading decisions. Fear can cause traders to panic and sell their positions at a loss during market downturns, while greed can make traders overconfident, leading them to hold onto winning positions too long or take on risky trades in the hope of higher profits. Impatience is another emotional trap that can lead to overtrading or premature entry and exit from positions. Trading requires patience to wait for the right trading opportunities and to allow profitable trades to reach their full potential. Emotional decisions often lead to poor trading outcomes and can be mitigated by following a strict trading plan and using tools like stop-loss and take-profit orders. Moreover, learning to manage emotions is an ongoing process for traders. Techniques such as meditation, regular breaks, and maintaining a healthy lifestyle can help manage stress levels and keep emotions in check. It's also crucial to review trades regularly and learn from both successes and failures. Lack of Trading Plan Having a well-defined trading plan is crucial for trading success. The plan should detail the trader's financial goals, risk tolerance, criteria for entering and exiting trades, and strategies for different market conditions. Without a clear trading plan, traders risk making impulsive decisions, veering off their initial strategy, and potentially suffering significant losses. A trading plan acts as a roadmap, guiding the trader through the market's volatile landscape. It can help maintain discipline, particularly in stressful market conditions, by providing a predefined framework for making decisions. This prevents reactive decision-making based on short-term market movements or emotional reactions. A well-crafted trading plan should also be flexible, allowing the trader to adapt to changing market conditions. Regularly reviewing and updating the plan can help traders stay aligned with their long-term goals and ensure that their strategies are still effective. Using Excessive Leverage Leverage can be a double-edged sword in trading. While it can amplify potential profits by allowing traders to control larger positions with a smaller amount of capital, it can also magnify losses. Traders who use excessive leverage can find themselves facing losses that exceed their initial investment, leading to significant financial stress. Understanding the implications of leverage is crucial. Traders must be aware that while leverage can magnify profits, it also increases the potential for losses. Therefore, it's essential to manage leverage carefully and consider it as part of the overall risk management strategy. Furthermore, traders should consider their risk tolerance and the current market conditions before deciding on the level of leverage to use. In more volatile markets, using high leverage can be particularly risky. A conservative approach to leverage can help traders to navigate the markets more safely. Failing to Adapt The financial markets are dynamic and continuously changing, influenced by a myriad of factors including economic indicators, geopolitical events, corporate news, and investor sentiment. Traders who fail to adapt their strategies to changing market conditions can find themselves on the wrong side of the market, leading to potential losses. Staying informed about global and industry-specific news can help traders to anticipate market trends and adjust their strategies accordingly. Moreover, utilizing a range of analytical tools, including both fundamental and technical analysis, can provide insights into potential market shifts. However, it's important to balance the need to adapt with the benefits of maintaining a consistent trading strategy. Constantly changing strategies can lead to overtrading and inconsistency. Therefore, while it's crucial to adapt to significant market changes, it's equally important to stick to a well-defined trading plan and avoid knee-jerk reactions to short-term market fluctuations. Lack of Education and Practice Trading is a complex activity that requires a broad range of skills and knowledge. A lack of education and practice can leave traders ill-equipped to navigate the markets and can lead to costly mistakes. Understanding market mechanics, trading platforms, and various trading strategies is crucial for anyone hoping to trade successfully. Education should be an ongoing process for traders. The financial markets are constantly evolving, and successful traders are those who continually learn and adapt. This includes understanding economic indicators, developing technical analysis skills, and keeping up to date with market news. Practice is equally important. Using demo accounts or paper trading allows traders to test their strategies and gain experience without risking real money. These platforms simulate real trading conditions, providing an opportunity for traders to familiarize themselves with different trading situations and understand how they would react. Not Setting Realistic Expectations Setting unrealistic expectations about trading profits can lead to disappointment and may encourage risky trading behavior. It's important for traders to understand that trading involves substantial risk, and achieving consistent profits is challenging and requires a significant amount of time, effort, and discipline. While it's natural to aim for high returns, traders should also focus on risk management and capital preservation. Recognizing that losses are part of trading and learning how to manage them effectively is a vital part of achieving long-term trading success. In addition, traders should be patient and adopt a long-term perspective. It's unlikely to make substantial profits overnight, and attempting to do so can lead to overtrading or using excessive leverage. By setting realistic goals and maintaining discipline, traders can improve their chances of achieving sustainable profits over the long term. Herd Mentality Herd mentality refers to traders' tendency to follow the crowd rather than making independent decisions based on their own analysis. This can lead to inflated prices in the case of buying frenzies, or plummeting prices during panic selling. Either scenario can result in significant losses for traders who join the herd too late. It's crucial for traders to conduct their own research and analysis and to be confident in their trading decisions. While it can be helpful to be aware of market sentiment and trends, blindly following the crowd can lead to poor trading outcomes. Moreover, what works for one trader may not work for another due to differences in risk tolerance, investment horizons, and financial goals. Therefore, it's important for traders to develop their own trading strategies and to stick to their trading plan, regardless of what other market participants are doing. In conclusion, while the road to trading success is often filled with challenges and obstacles, the wisdom gained from understanding these potential pitfalls can significantly augment a trader's journey. The discipline and self-awareness fostered by managing emotions, sticking to a well-crafted plan, and avoiding the temptation to follow the herd will not only enhance trading success but also contribute to personal growth and emotional intelligence. Balancing the courage to take calculated risks with the humility to learn from mistakes fosters resilience. This resilience, paired with an insatiable appetite for learning and adapting, forms the bedrock of a successful trader's mindset. With these tools at one's disposal, navigating the turbulent waters of the financial market becomes a fulfilling endeavor, offering both financial rewards and valuable life skills.
BITSTAMP:BTCUSDEducation
by BiggWigg
4
What Is "Scalping" In ForexHello Traders, We thought that we'd make a little guide to those of you who are looking at scalping as a possible trading strategy. This educational idea will give you a few things to consider and we hope that it will inform you of what you can expect from being a scalper. Our Take: Personally for us scalping isn’t our style and we wouldn’t recommend it to anyone but some people absolutely love it and are drawn into this type of trading because of the huge profit potential which is why we thought that we’d make this educational guide so that if you want to become a scalper then you know what you’re getting yourself into. Scalping can be a great way to trade but if you want to break out of that 9-5 job and not sit at a computer all day then scalping definitely isn’t your style. The reward you get from being a scalper comes with an equal risk and this is something a lot of people overlook. A Message From Us: We hope that you liked our guide and be sure to look out for our next educational guide where we’ll go over more lessons in regards to trading. If you have anything you want us to cover then please do contact us and we’ll see what we can do. We’d love it if you could show your appreciation if you liked this post and we wish you the best. Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
FOREXCOM:XAUUSDEducation
by jpeacockfx
4
2 Day Chart Saying Hi. GCross / 3 AmigoHello all! Happy Weekend. I was checking on the 3 Amigos and it looks like the 2 day has just made it to Golden Cross territory.. I am thinking people are still on the sideline and potentially we have not seen the FOMO yet. LMAO. A lot of perma bears are out right now trying to change the narrative back to that 10k flush out. I would suspect some type of flush out at some point to deleverage longs. Although, this is very tough to predict when, I think we are still in disbelief stages of potentially the start of the next bull run. Getting back above the 200 was critical for BTC. I believe the pro traders hoping for that downside are not expecting the next move, and the HERD (society) also have been mostly still scared to enter and new buyers will not buy until BTC crosses that 30K threshold when the FOMO kicks in. We crash after BTC hits 35kish to low 40k at major FOMO, but then back down to low 25kish wherever 200 MA is.... This is all my own opinion and should not be taken as investment advice, entertainment only.
INDEX:BTCUSDLong
by CryptoVallster
Top10 Mistakes to avoid as a New TraderIntroduction When starting out as a trader or investor, it is important to be aware of the mistakes that can be made. Mistakes are common, and even experienced traders and investors make them from time to time. However, new traders and investors are particularly vulnerable to making mistakes, which can lead to significant losses. In this article, we will discuss the top 10 mistakes to avoid as a new trader or investor, and provide tips on how to avoid them. Mistake 1: Lack of education One of the biggest mistakes that new traders and investors make is not educating themselves about the markets they are investing in. It is important to have a basic understanding of the financial markets, including the stock market, foreign exchange market, and commodity markets. Before making any trades or investments, new traders and investors should spend time learning about the different financial instruments, such as stocks, bonds, and options. They should also understand the basic concepts of fundamental and technical analysis, which can help them identify profitable trades. There are many educational resources available to new traders and investors, including books, online courses, and seminars. Some of the most popular books on investing include "The Intelligent Investor" by Benjamin Graham, "The Little Book of Common Sense Investing" by John Bogle, and "A Random Walk Down Wall Street" by Burton Malkiel. Mistake 2: Failure to set goals Many new traders miss out on setting goals. Having clear and realistic goals is important in trading or investing because it helps traders and investors stay focused and motivated. Some common goals for new traders and investors include building wealth, generating passive income, and achieving financial independence. Goals should be specific, measurable, achievable, relevant, and time-bound (SMART). For example, a SMART goal for a new investor could be to earn a 10% return on their investment within the next 12 months. Mistake 3: Emotion-based decision making Emotions can be a trader's worst enemy. Fear, greed, and hope can all cloud judgement and lead to poor decision-making. New traders and investors are particularly vulnerable to emotional biases, such as the tendency to hold on to losing trades for too long or to sell winning trades too quickly. To avoid emotional biases, new traders and investors should develop a trading plan and stick to it. They should also set stop-loss orders, which are orders to automatically sell a security when it reaches a certain price, to limit their losses. Mistake 4: Not having a plan New traders and investors often make the mistake of trading without a plan. A trading plan is a written set of rules that outlines a trader's entry and exit criteria, risk management strategy, and other important factors. A trading plan should include the trader's goals, risk tolerance, and trading strategy. It should also outline the types of securities the trader will invest in and the timeframe for holding those securities. A trading plan is important because it helps traders avoid impulsive decisions and stick to a consistent strategy. Mistake 5: Lack of diversification Another common mistake that new traders and investors make is failing to diversify their portfolio. Diversification involves spreading your investments across different asset classes and industries, which can help to mitigate risk and protect your portfolio against losses. For example, if you invest all of your money in a single stock or industry, you run the risk of losing everything if that stock or industry experiences a significant downturn. However, by diversifying your portfolio, you can help to reduce your exposure to any one particular investment and increase your chances of long-term success. There are many ways to diversify your portfolio, such as investing in a mix of stocks, bonds, and mutual funds, or investing in companies across different industries and sectors. Mistake 6: Chasing trends Chasing trends is a pitfall that many undisciplined traders make and this also happens to professionals. This can be dangerous and lead to significant losses. Chasing trends involves investing in a stock or asset solely because it has recently experienced a significant increase in price, without considering the underlying fundamentals of the investment. While it may be tempting to jump on board with a hot trend, it's important to remember that these trends are often short-lived and can quickly reverse direction. As a result, investing in a trend without doing your due diligence can result in significant losses. Instead of chasing trends, focus on identifying investments with strong fundamentals, such as a history of consistent earnings growth or a solid balance sheet. By investing in quality companies with a proven track record, you can increase your chances of long-term success. Mistake 7: Overtrading New traders and investors tend to 'overtrade'. Overtrading involves making too many trades or investments, often based on emotional impulses or a desire to make a quick profit. While it may be tempting to try to make as many trades as possible, overtrading can be harmful to your portfolio. Each trade comes with associated fees and commissions, which can add up quickly and eat into your profits. Additionally, making too many trades can increase your exposure to risk and volatility, which can lead to significant losses. Instead of overtrading, focus on making well-informed, strategic trades based on your plan and goals. By being patient and selective with your trades, you can increase your chances of long-term success. Mistake 8: Ignoring risk management One of the most common mistakes new traders and investors make is ignoring risk management. Risk management is the process of identifying, analyzing, and controlling potential risks associated with an investment or trade. This includes setting stop-loss orders, diversifying your portfolio, and understanding the potential risks associated with each investment. Many new traders and investors focus on potential profits and forget to consider the risks involved. This can lead to significant losses and can quickly wipe out an entire investment account. There are several ways to manage risk, including setting stop-loss orders, diversifying your portfolio, and conducting thorough research on each investment opportunity. Stop-loss orders are an effective tool to limit potential losses on any given trade. Diversification is also an effective way to manage risk by spreading your investments across different asset classes, such as stocks, bonds, and commodities. By ignoring risk management, new traders and investors increase the likelihood of experiencing significant losses. It is important to be proactive in managing risk and to always be mindful of the potential downside of any investment. Mistake 9: Focusing too much on short-term gains New traders and investors are focusing too much on short-term gains. While it is natural to want to see immediate returns on your investments, it is important to keep a long-term perspective in mind. Focusing too much on short-term gains can lead to impulsive decision-making and can cause investors to overlook the potential long-term value of an investment. Short-term gains are often associated with higher risk, and it is important to remember that high risk can lead to high losses. By focusing solely on short-term gains, new traders and investors may overlook quality investments that have the potential for long-term growth and stability. It is important to balance short-term gains with a long-term perspective. This means taking the time to research potential investments, identifying investments that align with your overall investment goals, and being patient with the investment process. Mistake 10: Lack of patience Finally, one of the biggest mistakes new traders and investors make is a lack of patience. Patience is critical in trading and investing, as it takes time to see returns on your investments. It is important to remember that investing is a marathon, not a sprint. Many new traders and investors are eager to see quick returns on their investments, and they often become impatient when they don't see immediate results. This can lead to impulsive decision-making and can cause investors to sell their investments prematurely, often at a loss. It is important to remember that successful investing takes time and patience. By taking the time to research potential investments, setting realistic expectations, and being patient with the investment process, new traders and investors can avoid making hasty decisions that can lead to significant losses. Conclusion In summary, trading and investing can be a rewarding and lucrative endeavor, but it is important to avoid common mistakes that can lead to significant losses. By educating yourself, setting goals, managing your emotions, having a plan, diversifying your portfolio, avoiding trend chasing, avoiding overtrading, managing risk, focusing on the long-term, and being patient, you can increase your chances of success as a new trader or investor. Remember, the key to success is to approach trading and investing with a long-term perspective and to be mindful of the potential risks and rewards associated with each investment opportunity. By avoiding these common mistakes and staying disciplined in your approach, you can achieve your financial goals and enjoy a successful trading and investing career.
BITSTAMP:BTCUSDEducation
by JS_TechTrading