Smp sma hot bugil

I expect it might pick up a little Sat/Sun in anticipation to Monday's opening
https://preview.redd.it/khdwjh76t11d1.png?width=1078&format=png&auto=webp&s=d5a00b29182c5b212fe82705a371c72640607cae

I expect it might pick up a little Sat/Sun in anticipation to Monday's opening
https://preview.redd.it/ahvry673m11d1.png?width=1137&format=png&auto=webp&s=b4cab50594f66e15bbed05764ea8641000ff6676

I invested a lot and my target is $1. Those who are afraid of every decline buying opportunity and sell will always remain in their place.
https://preview.redd.it/b1is3bitx80d1.png?width=1137&format=png&auto=webp&s=4caf85f7e44033a3b8eccb5dff35fa9f3c7de07f

I'm convince we will be Hot # 1 very soon. We're already past WIF

https://preview.redd.it/rgt6giz5h30d1.png?width=2443&format=png&auto=webp&s=bb6bd37e8c054e7bfa900777c328679098b28099

Never seen anime but trying to get into it, and back into BATIM

Forgive me if this post is unwelcome at all, I rarely post anything on social media, especially Reddit, but I have been wanting to make this post for some time, and I've been given enough of a catalyst to motivate me to do it. Its intention is to be helpful, motivational, and informative. I will also add that my situation is very unique, and I have the benefit of having a partner providing primary income while I learn to trade. Not everything here will apply or be helpful for everybody, but I will share all the same because I think I still have valuable insight to share.

This weekend, my account with TD Ameritrade is migrating over to Schwab, and I saw a notice on my account overview page that said my P&L history wouldn't be making the transition, so I wanted to make sure I screen capped it for record keeping, and let's just say that I can see a clear change in early September, which I will explain in detail. Here's the cap of my account history, starting from the day I moved my capital from my cash account into a new margin account (because I had finally breached PDT requirement!):
https://preview.redd.it/0m9pyq2l8tzc1.png?width=2664&format=png&auto=webp&s=f9be1262400cdb4e19e9cf4dcc6b59b920b4ad2b
So, what did I start doing differently in early September?
From the absolute lowest point in September was the day I began trading my current system, with the idea that I was going to only do this one thing, with consistency, and measure the results over time. I have been focused 100% entirely on process, and on risk management. Quite literally, up until just now, I have been limiting risk to $1 or less per trade, often times taking on risk as low as $0.10 per trade. Yes, really.
WTF? Seriously? Why?
I understood early on that my biggest challenges in learning to trade were likely to have more to do with my own personal psychology than anything else, so I have always placed a strong emphasis on being self-aware and introspective. Part of that journey of self-discovery involved being aware of my own personality traits, both strengths and flaws.
I knew that I had the flaw of financial anxiety, and fear of losing money. I knew that needed to change, and the way to change that is through cognitive behavioral therapy, or in this case, exposure therapy. What that translates to is reducing risk to be low enough that I quite literally do not care if I win or lose. This frees up my brain to focus on the trading process instead.
Additionally, I started hedging by keeping most of my capital invested in a rolling 4-week treasury bill ladder, basically using 1/5 of my total capital each week, with the added rule that my maximum loss per-day could not exceed whatever the t-bills made that day. This would later be revised to just having a maximum daily loss rule in general, but with a flexible amount based on recent performance instead.
Did it work? What happened?
The focus shifted from "Don't lose money" to "Be disciplined, be consistent". My psychology shifted from fear and anxiety to one that seeks opportunity and enters trades without fear or hesitation. I learned how to objectively interpret what was happening. Everything about how I viewed the markets was changing.
I was able to learn the true relationship between risk/reward and win rate. I was able to learn that, even if I had a win rate of 10%, my system could still be profitable if the risk/reward was high enough. So, I instead shifted focus to the highest quality asymmetrical risk-to-reward setups I could find. Because my risk on a per-trade basis was so low, I basically just took every setup I saw.
By doing that, I was able to learn over time what worked and what didn't. I started learning over time when I was being faked out, or chasing, or revenge trading, or having a bias. I made rules for my trading system, and if a rule didn't work out beneficially, it was discarded. It allowed me to refine my system over time without worrying about losing money.
That same process of self-awareness and introspection also had the side-effect of making me a better overall person, with better mental and physical health, a better relationship with my wife, and better and more relationships with friends. I cannot express enough the importance of mental and physical wellness in trading, or how much I can confirm that it has helped me.
Eventually, this process led me to meet other experienced real traders who are already established and profitable. They invited me to join their discord, and we have been trading together every day since. It just happened that my trading style was based on something they wanted to learn about (volume profile/fractal price action analysis).
Even though we are nothing alike in trading style or methodology, receiving validation from other real traders that I'm doing things right has been a huge confidence boost for me. I owe a lot of my consistency to them, simply because of how our dynamic works, where we simply share our analysis out loud, and the other traders can listen, and agree or disagree and state why.
It's not about what anyone thinks in particular, and more about keeping myself consistent about just doing the analysis in the first place, because I'm contributing to the group. It's been helpful to have each other point out when someone else is breaking rules, being undisciplined, etc. It makes me much more self-aware and drives me to perform better.
Now what?
I'm now at the point where I am comfortably consistent within my system, and simply sizing it up. The first day after sizing up where I lost (yesterday, actually), my psychological reaction to it was more or less "cool, early weekend I guess, lol". More than anything, I was proud of myself for respecting the maximum loss rule, even coming in under it. I came in enough under it that by the close, I had enough ammo left to make back most of what I lost in the morning, and still end the day more or less flat.
What trading system are you using? Can you teach it to me?
I'm not here to pretend to be some guru/furu or whatever. I'm not selling a system. My only motivation is sharing with the community while I'm still small time enough to care, in the interest of karma and paying it forward, since I have learned from other posters here over time.
My system isn't anything fancy and is still highly discretionary. Without experience in price action analysis, as well as the risk management and trading psychology to support the system, you will be unlikely to trade it successfully. The success or failure of any trading system almost always relies on you, the trader, and your subjective interpretation and execution of that system. This means that technical analysis both does and doesn't work, it depends on how you use it and perceive it. This is what they're talking about when they say trading is more about psychology than anything.
More market knowledge will not make you a better trader past a certain point. There is no one correct way to trade, this is just the way that I perceive and do things. Technical analysis is not a predictive tool. It is a means of providing context to tell you what the market is doing, and what it has done, nothing more. It is there to answer the question of "Did X level break?", and in that context, it works perfectly.
That said, I trade completely based around the volume profile. I am most interested in the areas with the lowest points (low volume nodes) and the highest points (high volume nodes). The market is fractal, so if you look at a weekly profile, you will see the peaks and valleys, and within that range if you look on lower timeframes you can see other nodes with their own peaks and valleys, and this true down to the lowest interval.
If you place a horizontal line on these points, with consistent rules, you can look at past price action and see when and where the level was relevant, and how relevant, and often you will find that placing a line there makes a pattern very obvious. You will notice that when price reaches a LVN, there are only a few things that generally will happen:

1. Price pivots from the area, or near it
2. Price halts/hesitates/consolidates at or near the level
3. Price blasts through it like a laser beam

More importantly, it gives us an area of interest with a high risk-to-reward ratio. Our stop loss goes just a bit past whatever the nearest HVN (high volume node) is. This is based on the theory that, if price fails to break the lows or highs of the range, then it will instead seek balance wherever the market previously found price acceptance. The most obvious place for it to go is wherever the most popular price in recent history is. Where price is in relation to the nearest HVN can also indicate possible market intent or trend, much like VWAP.
We do not enter trades at HVNs because they indicate consolidation, and we don't want to sit in consolidation, we want to be in the trade when price is moving, and we want to get out quickly when we are wrong because if we got faked out, why become liquidity more than you have to? I trade like an institutional trader: my levels are my levels, they either work or they do not, it is binary. I don't chase a trade, and I only take trades where I can get good fills, with the rules being that I must sell the tops of nodes and buy the bottoms of nodes (with respect to higher timeframe trend).
TL;DR: Predictive analysis, reactive execution
Don't try to predict what price is going to do. Predict scenarios of what it could do, then wait to see if you are correct. Have defined criteria for when you are. Here's an example setup analysis:
Morning gapper, big volume, meh news, gapping into a low volume node... I don't just blindly enter it, I mark the nearest LVN above and below, then look at a weekly, daily, and hourly chart to see if the level is significant or not. If not, I look for other nearby levels that might be. I set alerts both a little bit before those levels, as well as at them, and I wait.
Say, for example, over the course of premarket and into the open, I notice what looks like a clear head and shoulders pattern on a 5m chart, with a head that closed above the node, and shoulders showing rejection below it. Cool, now I can short any pops up to that level, because price did what I expected it to (showed a reversal pattern when and where I expected it to occur) and gave a defined and asymmetrical risk/reward ratio, so long as the nearest HVN below is at least 1:1 risk/reward or better. The stop loss placement is simple because a new high would invalidate my thesis, and I got a great fill with low risk. This setup happens somewhere almost every day with fairly consistent reliability.
I saw a setup, made a plan for entering, managing risk, and exiting to take profits, and then executed it. That's trading. From there, I can take out most of the position at the nearest HVN, hold a little bit to watch retracement, and try adding later if it trends in my favor, or stop out at break even. I make money 9/10 days, even if it's just a 1R day. Some days it's a 10R or 20R day. Doesn't matter, rule #1 is don't lose money.
The success of the system has less to do with the specific technical indicators or methods I am using, and more to do with the fact I have defined rules regarding entries, exits, risk management, and they are designed around my personality in a way that keeps me consistent and disciplined, while managing my own psychological shortcomings.
If you're interested in visualizing some of my trade setups, here are some real, actual trades that I took:
PLTR short I recently took at the end of the day. Trend down all day, clear head and shoulders, below VWAP, closed a 5m candle above the LVN at 21.60 and immediately rejected. This was a bit over a 7R trade.
1m chart of the same PLTR short, showing the 1m head and shoulders/trend line rejection that confirmed my entry.
AAPL short last Friday: I saw SPY make a new high while AAPL made a lower high. It had rejected a higher timeframe LVN at 187 early in the day, and at the exact moment it failed to make a new high with SPY, it turned away off of another fractal LVN that overlapped the 186.00 level, so I had an entry where I had 0.20 worth of risk. I was able to turn that 0.20 in risk into a $12 win by scaling in and taking profits aggressively on the way down.
I'm not a permabear, I simply follow structure and what price action tells me is happening. Here was the last day I spent trading MARA, where I was able to profit both long and short by being objective and following my rules.
SPY premarket scalp: Typically, I avoid entries at HVNs because I don't like to sit in consolidation, however when I saw buyers come in at such an obvious node at 499.50 (as in significant volume snapping it back up), I saw a low-risk entry before there was even a higher low that paid off.
PLTR again: I generally know when I am right about a level based on how violently it rejects from it.
I'm not going to post a ton of these, hopefully these are enough to communicate the general idea. They're meant to educate, not brag. If you want to know more, feel free to ask in the comments, so I can give a response that everyone can benefit from. I'm not selling my system but am happy to teach freely whatever I am able to share if it is helpful. I am not somebody who believes the market will be out to get me if I expose my system. The system works because it follows what the market is doing as objectively as is reasonably possible, and it is very binary in nature (the level is the level, it either holds or it doesn't). It has zero predictive ability, edge, or power without the analysis and psychology to back it up.
There are many ways to effectively trade using volume profile. I've even had success literally just using fibonacci levels that overlap volume nodes, or session/weekly OHLC levels/moving averages/trend lines that do the same. Experiment and find what works with your style, as the concept is really more about keeping you buying low and selling high, while respecting defined rules regarding support and resistance.
Other tips I have learned that I hope may help others along their journey:

• It is okay to be wrong. It is not okay to stay wrong.
• Trade what you see.
• Your success is determined by your own ability to remain disciplined, follow your own rules, and stick to your own plan.
• Don't price watch all day.
• When you think you should be buying, you should be selling.
• When you think you should be selling, you should be buying.
• You do not know what is going to happen.
• Risk and loss are part of trading. You will lose money sometimes. Without risk, there can be no reward. It's about staying in the game long enough to figure it out. Define and control your losses. Never trade without a stop loss.
• The best loser wins. Be quick to take small losses. Just got in and letting it run against you? Why? Obviously, your timing was wrong, get out and reposition somewhere better, you just need to be patient.
• They say you can't time the market; you can't nail tops or bottoms, but that simply isn't true because I do it almost every day. You don't know when a particular trade is going to be the top or bottom, but you know when it could be, and so long as you are able to hit a profitable target, it allows you to be aggressive about guessing tops and bottoms, and when you do get one, those are the highest risk/reward trades, and you can scale into them because you had such a good average on your initial entry. Your initial entry should be your best.
• Take intentional steps to de-stress every single day. This is a stressful job and it requires a lot of mental energy that needs replenishment. Have fulfilling hobbies, have relationships and friends, and invest into them, as you will need to build a support system for yourself to keep yourself successful long-term. Make sure you get plenty of sleep.
• Take your mental health seriously. If you have ADHD or depression or anxiety or whatever, get medicated. Stimulant medications like Adderall can be like a real life "Limitless" pill for some people, and potentially life-altering in a positive way (it sure has been for me). Regardless, we've all heard how much of a psychological game this is, and we're competing against some of the most brilliant minds fintech has ever seen, with AI algorithms designed to trick and manipulate you. You want to go into the market and take money from these people? Get fucking real, you need to be at the top of your psychological game to have a chance, as anything else is a needless handicap so long as treatment is available to you.
• A lot of trading education is designed to intentionally make you predictable and manipulate you. It is important to be aware of this, and to "protect" your psychological convictions by having a critical view of everything. This industry motivates a lot of bad people with bad motives to do bad things.
• Remember that over 90% of people will fail at this. What reason do you have to believe you won't be a part of that statistic? Why risk real money before you know you have an edge, and you have confidence behind it? Be aware of cognitive bias, and cognitive dissonance. You don't have to be smart to be a successful trader, but you do have to be disciplined and self-aware.
• It is better to focus on one thing, and be really good at that one thing, than to spread yourself too thin. Trade one strategy, one setup. Keep your charts clean. I only use price, volume, volume profile, and an indicator for trend (automatic trend lines, moving average/vwap). If you can't look at your chart and clearly identify what is happening, you fucked up, clean it up.

That's basically all I can think of for now. Hopefully this is well-received. I've wanted to do it for a while now, as a way to say thanks for the quality contributors that have helped me along the way. I will also mention that if you are looking to further your trading education, I can recommend some content creators that I feel have helped me in some way along the way. I am not affiliated with anyone, nor do I endorse anyone in particular. As such, I won't be linking to any of them, you can find them on your own if interested, and if not, it's unlikely you have the psychological foundation and drive it takes to succeed at trading, IMO.
Resources I found helpful are mostly based on YouTube, and include:

• Price Action Volume Trader (Provided the basis for the start of my system)
• Tom Hougard (Most influential, psychologically)
• Trader Dale (Also contributed to my system)
• ImanTrading (Great, honest, informative, no-BS approach, I like this guy a lot)
• TraderTV Live (useful for awareness, and studying psychology of other traders)
• "Trading In the Zone" by Mark Douglas (I used audiobook, listened 6 times now)
• Humbled Trader (Obviously commercialized but she at least does give mostly solid advice. It has been pointed out in comments that ImanTrading allegedly calls out Shay as being a scammer, but I have not seen this myself... keep it in mind, but I am leaving her here for now as I have not personally heard her say anything I disagree with)
• TheChartGuys (Same as above, more obviously commercialized than Shay IMO, but none the less I watch their analysis videos to provide me with an awareness of what is happening, as well as learn what other traders are looking at and doing)

Thanks for coming to my TED talk. I hope you enjoyed it. Feel free to ask any questions, and I will answer as life permits, but I am otherwise going to enjoy my weekend off, and I hope you all do the same!

Edit/Update: Wow, thanks for such overwhelming and positive responses so far! I am doing my best to respond to everyone ASAP. That said, I wanted to mention that the purpose of this post isn't about my system, nor is it to recruit anyone to anything. I am happy to answer questions, but like I said I am not selling or advertising anything, and the discord I am in is just a small group of friends that want to keep it small so I will not be inviting anyone there, sorry. Anyone who has questions is free to ask in comments or DM me, I will happily talk with anyone who needs help. I love trading, I have a real passion for it, and I enjoy every opportunity to talk about it and to help teach others! That said, I am not so delusional as to think I am hot shit in any way or that I know everything, because I don't. I am just barely getting started myself, so don't take anything I say as gospel, this is just things as I see and understand them currently.

Edit 2: There are a couple of people here who assert an accusation that either I am trying to scam you, or gain followers for attention/fame/whatever and sell a course or system. Allow me to express how much this isn't the case at all. I do not want attention or followers. I do not want to teach a course or sell anything to anyone. If I continue receiving harassment about it, I'll remove the details of my system. Anyone who DMs me asking for a course, discord invite, signals, trading system, etc. will not receive any of those things from me. Any information I have provided here or provide moving forward is for no other reason than the motivation of kindness and information sharing, and I may stop it at any time and vanish.
The point of this post was never to gain clout, but to repay information. If that isn't welcome here, I am happy to leave people to figure it out for themselves. I appreciate constructive criticism, but that's not what's happening. If you're going to accuse me of lying or scamming, you had better have some evidence for your claim other than the assumption, because I will assume you are too stupid to warrant a response if you don't.
Edit 3: Original post restored as I have been un-banned from the sub. Sorry for any inconvenience this may have caused for anyone.
Updated trade example:
This morning, I was looking at my scanner and noticing almost everything on it was flagged as HTB, with literally everything being over 15% short float. Coupled with price action across the rest of the market, I thought it looked more likely that these would squeeze. Then, I noticed the outlier. AMC, with an absurd number of shares traded premarket.
I had a dip buy limit order sitting at 6.50 on AMC from premarket, and spent most of the morning waiting for it to come to me. I did attempt a dip buy once at 9.28 based on a higher low near the LVN at 8.65, but exited quickly once it started heading lower.
As anyone who traded AMC today can tell you, there were many halts throughout the day, and there was a halt at every LVN. Price dipped to 6.53 and halted with an inverse cup and handle on my TICK chart, but I manually changed it to 6.53 and got filled intentionally, just to be sure I didn't miss the fill in case it teleported away.
It didn't teleport up, it gapped down, so I sat in consolidation and waited for liquidity to build within the tight channel we were in. I had my eye on 6.10 as my main LVN support under me, and liked the setup because of the shape of the overall node having a "forked" appearance, as these tend to be stronger levels in my experience.
After free-falling for most of the session, and consolidating around in the bottom half of the local node, buyers were able to break back above 6.50 and hold it, even after bears retaliated with a 200 sma rejection and pushed it below the node once more. I got my second fill at 6.12 and scaled in more, with a new average of 6.39. That was our low of day, and bulls made reversal patterns at every LVN after that, building intraday inverse cups and inverse head/shoulder setups.
I took profits in extended hours, selling at 8.29, around a 30% gain for the day. Not a bad day, overall!
https://preview.redd.it/lpowbg418h0d1.png?width=3755&format=png&auto=webp&s=84e653b66347c6794c8680d2b6cd7a947aa51ce7

Sad face means i wanna, question mark means i dont understand or know. I still like gacha and animation memes so i didnt color those