My thoughts experts

• He does price action analysis on stocks, crypto and also precious metals • Homework: ○ Draw resistance and support on the wicks ○ Draw trend lines ○ Draw parallel lines ○ Draw Fibonacci retrace ○ Analyse the future directions of the stock • Good resistance or support zones are ones where there are multiple pivots • He also considers gap ups • He also considers tiny support or resistance lines • He doesn’t draw rough zones like nick does • He uses 10m , D, W time frames

Francis_hunt:

https://www.youtube.com/watch?v=qvSvVHX2I7U&list=PLnSelbHUB6GT9L_TanRe_sya0CV5_QHW-&index=12 Great video. He says usually less volatility and pre-existing trend will only lead to explosive break outs. He basically confirms what Q says. https://www.youtube.com/watch?v=gYLyRwStCxA&list=PLnSelbHUB6GT9L_TanRe_sya0CV5_QHW-&index=19 91% don’t manage losses, don’t follow process, listen to emotions Biggest mistake is taking a big loss https://youtu.be/oG0KaQ2rVok?si=9RM-araHc44K3BV5 Mean reversion vs swing trading statistics https://www.youtube.com/watch?v=yJjqO1XRa3k Build your own strategy: good video This channel is amazing: UKspreadbetting https://www.financial-spread-betting.com/ https://www.financial-spread-betting.com/course/technical-analysis.html

• Hunt says if you are timing is right you will get immediate returns (if you got the break right)
• He says to put aggressive stops 
• He also says that staying in long position for a long time in a stock is inefficient due to opportunity cost. May be you are missing out on a swing on another stock. So he basically says if your decision/timing was right you must get immediate feedback 
• He says patterns are repeatable components due to human psychology and emotions 
• He says what separates you from others is your risk management, position management, ability to time entries.

I've been in the Sniper Circle community for about 8 months now. The level of detail that Francis goes into his teachings is immaculate, and you truly get to understand price action without lagging indicators such as moving averages, RSI, etc. Just pure price action - key levels, candlestick analysis, chart patterns, and the holy grail the HVF pattern. Price action is analyzed in ways that are not conventionally thought of, such as the amplitude of impulses, proportionality of pattern in terms of price and time, etc. Francis also emphasizes a lot on risk and money management, which should be the foundation of any good trader. I would say that the price tag is definitely worth the investment for what you get. 5 stars!

https://www.youtube.com/watch?v=iCVFHaTAps8&list=PL0u56lu3jgFeA0VXUDRPcs3ZxKMnRKci_&index=3 Great back testing software and explanation

Tori trades:

Great video on trend lines Ranking my Trend Lines - WORST to BEST https://www.youtube.com/watch?v=xRxUo3_9XRA

Dan zanger: chart pattern

Dan’s strategy: • He never puts pre-set stops, he is more of a nuanced user • He ideally avoids (almost never) pre or post market buys and sells • The Zanger buy would be a move through the 50-day • Read How to Make Money in Stocks • if you are here to learn from Dan One lesson in that book is to buy what is in demand • Most people do that in the market they look for a bargin • The best stocks make themselves very hard to catch. you have to fight to get in. most stocks you have to fight to get out with the money you started with. so pick the ones that are making it hard to catch them demand does that. • VIRT actually does well if market is struggling • Volume at Price indicator to find support and resistance zones • The OSC tells u if the market is overbought (above +35) or oversold (below -35). Anything in between is neutral • Question: ○ ""Dan it seems like you will often buy near the close. Is that to antipate a continuation move the nest session?end of session pricing is a better representation of institutional demand?"" ○ Damn zangeler answers: yes • What's the meaning of the question and and the answer (gpt queried) ○ The question is asking Dan (likely a trader) why he often buys stocks or positions near the close of the trading session. The person asking wants to know if Dan buys late in the day to anticipate a continuation move in the next trading session, meaning he expects the stock to keep moving in the same direction (up or down) when the market reopens the next day. ○ They also ask if the end of session pricing (the price of a stock near the market close) better reflects institutional demand—meaning whether large financial institutions, which typically trade in high volumes, influence the price more at the end of the trading day. ○ Dan's simple response, "yes," implies that: ○ 1. He buys near the close to anticipate a continuation move—he expects the trend to continue the next day. ○ 2. End-of-day prices may better reflect institutional demand, as institutions tend to make large trades at the end of the session, giving a more accurate picture of where the market might head.In short, Dan buys near the close because he believes it reflects stronger institutional demand and expects the price movement to continue the next day. •

Matt from trading equilibrium: (service i pay and follow every day. so its very important for me)

• Matt’s strategy: ○ Range contraction ○ stock having an inside day (check using inside day indicator) ○ He doesn’t care about ATR ○ He trades names he is familiar with ○ He goes through a list of stocks everyday to find his setup ○ He exits very quick even before 1R if his call to take an entry is wrong I think he respects a premarket gap-up (not crazy ones before or after earnings, but normal ones within 2-4% range)

• He stops even before 1R • Uses options as aggressive tactic to make money during bull market • Do you find that Metals or other commodities groups usually mimic the market choppiness or are they a whole different beast and kind of behave on their own? ○ Precious metals and other commodity stocks are almost always choppy no matter the environment. A very difficult space to trade in my view. Just like any other stock, if the market overall swoons lower everything can get taken down. I think the move into precious metals this morning reflects the 'staglationary' thinking - sticky inflation mixed with a slowing economy (weak GDP print). PCE tomorrow will obviously be very important. • https://youtu.be/ff27yMrnFyw?si=JVGV9z8gAV9EZ8g_ ○ Price is the only real thing. All indicators are lagging and should be used only to understand the past trend to get a sense about future. Lagging indicators shouldn't be used as a buy trigger..but could be used as a sign to go long. • Matt finds it difficult to trade in precious metals and energy market due to their choppy nature • He joined 10 paid services when he initially started just to see what people were doing • VRT is the nvidia of industrials • Taking partials at 1-1.5 R and whether to enter a stock after it has already moved up a bit on the day

1765140486769 1765140491349 1765140496614 • Matt takes gap ups or downs seriously ○ For those that have a trading 'born on date' after COVID this is a great lesson in real-time gap risk. Gap risk is a very real thing and must always be considered. Clearly gaps like this are not common but I've seen plenty of them over 25 years (on aug-5 2024 when SMH gapped in negative direction significantly) • His daily process ○ Hi Amir - that’s exactly what the daily videos show. They are my daily process: top down analysis, reviewing relative strength in sectors / industries / stocks, recent earnings and news, establishing a focus list and identifying actionable names (when warranted), reviewing each of my open positions and total open risk. Each video IS my daily routine - with extra “rants” :) • His average loss is -0.43R

1765140514062 • Matt’s text book setup (2024 aug 16)

1765140525916 • “Setups don't come more 'textbook' than this one in EXEL - but I post this as a question to ask yourself. Are you more comfortable sizing a 'perfect' setup like this in a biotech name you may never have heard of before, or in a name you've been following for months / years? A worthwhile question to ask yourself and you may learn something from your answer. Part of the 'know your dance partner' conept. • It has ○ down trend line, with more than 3 touches ○ Close to one week but not quite yet ○ Reduced volume Later update: 1765140557725

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• Rate cuts usually help small Caps more than mega caps ○ “Mega-cap tech weak today as well as small caps stand to benefit more from rate cuts (but we've also known that for a long time). My instinct is that mega-cap techs waiting on NVDA as well” ○ There was jd powell news confirming rate cuts in few months

Questions to ask yourself: 

• “I am not telling you what to think, I am telling you to think”
• Think through before following your itchy trigger fingers; when you take trades when indices are down 4$ and vix at 0. 
• Combat your inner junkie by truly understanding your strategy 
• Are you chasing action? Are you thinking you want to involve in every move the market makes? Or are you following a consistent strategy? 
• Simple questions to ask yourself before making a trade
    â—‹ Do you have a consistent strategy?
    â—‹ Do you understand your strategy?
    â—‹ Is it a setup? What is the basis for me to take this trade?
    â—‹ Does me taking this setup make sense?
    â—‹ What am i looking for to actually happen? Does it make sense?
    â—‹ Is is worth to open a risk now; to reasonably and responsibly to make a difference?

Is it worth my time?