simpledaytrader

Trying to "nail" the next black swan or next big squeeze is a recipe for disaster. That's why all these names are running today. Everyone is trying to nail the next one. You're getting away from a high probability set ups and focusing on an outcome that has a very LOW PROBABILITY. Understanding market sentiment, recent plays, euphoric flows etc. is the biggest edge IMO - knowing when to tread cautiously vs. when to pounce. This comes with time. The easier edge is just to make to show up AFTER the event not necessarily try to nail THE event. It's best practice to reverse engineer the action leading up to the black swan event ie: our discussion the night before and situations like $RDHL to better be prepared for when the market is frothy and when tape is thin and when your risk may be elevated vs. other market environments. For me $VVOS is not the "play" Nailing the black swan should NEVER be the "goal" in fact holding for entire move of a black swan is reckless and dumb. Yes if it works congrats you got away with it that time - most times it won't work out that way. $VVOS was the $TPST which sets the stage for things to come. It's no difference than $OPGN $VS immediately following the $TPST action. And like today $MINM $SNGX $SMFL $CYTO $CMND major plays today that made TODAY great > yesterday if you were betting on black swan. Sure, $VVOS worked but what if it swiped to $20 and circuited back down? The key is when we have 500-1000% movers in a frothy environment, you better be on the desk the two days at the VERY minimum. But likely great flow for shorts for the following 1-2 weeks much like $PRZO, $TPST and currently $VVOS. That's the real takeaway. If you spend time focusing on nailing the black sawn you will be wrong 99% of the time. Focus on a structure/system/strategy that you can count on more than 1% of the time. $VVOS / black swans are just the catalyst to future A+ edge and liquidity. It's just a cycle. Now this will last a few days to a week and every short will start winning each pop, size up, and well, one will get away and cycle restarts.

Sucks seeing a lot of blow outs on Twitter tonight. Auto MAX stops save CAREERS 💯 Have NO EGO. Do it! I promise you'll be PISSED half the time b/c it was top. THE other half you'll be ANNOYED but HAPPY. At least one of those times actually saves you from an outlier event.

Hell nah - goal is to create traders not sheep. If you want to be told what to do our service is not for you. If you want to learn proper process and surround yourself with the best traders in the world than yes, it's for you.