Currently sitting in 5th place in the @USICOfficial USIC at 203.3% YTD. A lot of work to be done but I am very happy with how I have been taking on this competition and my trading as a whole. These last two months have been far from easy so if you are green on the year or even beating $SPY i'd consider that a win. Good luck to all fellow traders.

The biggest hurdle in trading is by far the mental game. Learning to accept the uncertainty that comes with every decision you make. And besides, most people in this niche are trading the same tickets and similar setups. What’s making the difference? There will always be something you can look back on and convince yourself you could have done better. You could have entered earlier, sold higher, held longer, taken profits sooner, or avoided the trade altogether. Develop a process you can be consistent with and make decisions that won’t take a toll on you mentally, regardless of the outcome. The goal isn’t to make the perfect decision every time. It’s to make a decision you can stand behind, whether the trade works out or not. Judge yourself and grade your trades based on the quality of your decisions, not just the outcome.

Some people are going to sit and argue that there is more to this. Fortunately for us, there truly isn't. This is the large majority of showing up each trading day. We try to look around and dive into different indicators but ultimately this is what it comes down to. We are meant to be snipers in a sense that we shouldn't be invested all year round 90% of the time. Why punish yourself every day fighting tooth and nail out of drawdowns for no reason. Wait for fat pitches. Don't try to catch the first 5% when the move is setting up for way more if you're patient.

In the yearly stages of your trading career, drawdowns are OK and in some instances encouraged. That is, if you take it and learn something from it. However, if you don’t and you continuously repeat the same mistakes then maybe you should reevaluate.

Keep in mind people are going crazy over a 1 or 2% gain this Sunday night in stocks that were consecutively gapping down 6% every day for over a week.

As many of us have noticed momentum names have not been working. No traction no good setups. Bases breaking down. No follow through etc. I am a huge advocate for not clicking buttons when things aren’t working. However, I do believe viewing the action from the sidelines as a spectator as opposed to trying to be involved in the markets during this time can be very beneficial. Learning how the market acts when it is a risk off environment will be key for your growth as a trader because if you don’t see how the markets break day day by day or shape back up eventually you won’t truly have a great feel for the market and trends to be cautious for. This is an EXCELLENT time to TRACK stocks not TRADE them. You can make yourself a decoy positions list. “If I took this 4/10 setup in this environment using XYZ (breakout, unr, oops reversal) setup would it profitable over time? Would it be worth the emotional toll? Would there be an edge over just weathering the storm?

Oil higher Vix Higher Software down $USO

And you're bearish?? $TSLA $SPCX

Wow this has to be top priority for me tomorrow $SPCX

Highest volume ever today Feel like this is something worth noting $CRWV

Didn't mind putting on a feeler position today Rubber bands can only stretch so much $SOXL

I feel as though more people should be happy with what’s happening in the markets. I’m confused? Most setups were not sticking. Would you not prefer a healthy reset? The stocks that would breakout ended up pulling in after a few days and drilled even further. That’s not healthy action. I’m welcoming this pullback and am ready to find some nice buying opportunities in the upcoming days/weeks.

This Saturday @Deepvue is doing a launch webinar for their Journal Release. You can join the launch webinar here: us06web.zoom.us/webinar/regi…

Higher Lows are are not negative signs $FSLY

Anyone snag this off the 50 day? Nice little oops reversal Weekly 20 ema touch and go $BE

Gap up or wash out at the open and i'm in This guys doing nothing wrong here $SPCX

I don’t think anyone can be upset with that close. $SMH $SOXL