Thank you for the video! I played myself hard on this trade. I bought a couple contracts when it touched 198.50ish and rode it all the way up til it bounced on my trendline at 204.60ish and immediately let it go without selling. Then after a dream filled night of buying yachts in the gulf and mansions in the Rockies I peered through blurry, sleep filled eyes at a $12 move to the downside lol. Oh well. Love your videos and charts. I've become a lot more confident in finding entry's and exits since I started using your method. Do you have any educational courses I could buy? I'm not sure how you identify which channels are stronger than others or even how to draw the correct channel. I'm usually fairly close but sometimes way off. Anyway, thank you for postings these videos. I've got a lot to learn but I love your method.
TraderDaddyOG
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Ha we’ve all been there my friend! Swing trades have to be taken with extreme caution forsure. If unsure about the ensuing move, better off just taking your profits and coming back to fight another day tomorrow. For something like META yesterday, we were hanging around the top of tapered buying algos so especially with the last tap and failure to break out of it (magenta) I new we were likely heading down overnight from buyer exhaustion to find support at one of our other buying continuation algos (as I point out in yesterday’s and this morning’s videos. But it all takes learning and studying! For me, multiple years of failure and patience (but lots of frustration before learning and improving the patience). Thankfully it’s paid off and I pray and thank G-d everyday for the wisdom he’s given me. However I am continuing to learn and improve on a daily basis both with understanding and controlling my emotions and learning from my mistakes.
I’m very glad you’re finding my analysis and way of trading and reading the market to be helpful! I will message you privately regarding personal education - while I don’t offer any “courses”, I do have clients that I work with in one-on-one trading sessions. I am not on here to advertise that part of my business as my main form of income is from trading and I’m happy to offer this analysis for everyone here for free, however, on the side I do organize private sessions to help people who are very committed and interesting in learning what I do. You are clearly very committed to learning and I appreciate you coming back day after day to watch and are attempting your own analysis as well! Would love to see how that’s coming along and the progress you’ve made. Again, I will send you a personal message to discuss further but just know that there is so much to learn, it does get easier and start to make more sense, and you will succeed at this if you continue to study and practice!
bossmanboating
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@FourXTrades Yes, I'd love to hire you for a consultation. Thanks again!