Chris (@cweeks112) profile picture

Part-time swing trader since 2020, love reviewing charts, reading books, listening to podcasts & watching videos on trading. Aspiring multi-millionaire.

Miami, FL
Joined August 2014
Photo by Chris (@cweeks112)Photo by Chris (@cweeks112)Photo by Chris (@cweeks112)Photo by Chris (@cweeks112)
I’ve had just about enough of this market! I can’t take any more beatings. I’m outta here!
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I don't care if I miss an entry I just go find something else setting up. Buy right or let it go without you.
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I should clarify that the Nasdaq and S&P and certain growth stocks in certain sectors are acting well.
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If you have survived this selloff the last few months you can survive anything. You’re a part of the worst 60 day tech momentum selloff in market history.
Worst 60-day sell-off for tech momentum in market history, by far. -57% for Jefferies' tech momentum index.
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Chris retweeted
Sell into strength or let it run? Whatever you decide comes with a side effect This is the first data I have seen that says how big that side effect actually is 👇
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Chris retweeted
$ACN $NBIS $BE I spent years being right and still losing money. I'd catch the move. Nail the entry. Then sell at lunch for a few points and watch the same name run for six weeks without me. I wasn't a bad trader. I was an impatient one. Here's what nobody tells you early: your risk is fixed the moment you enter. Your reward isn't. Every day you stay in a good position, that ratio quietly works in your favor — while you do nothing. But it only works if you give it time. Because a real move isn't a chart pattern. It's an argument. Buyers and sellers arguing over what something is worth. And that argument doesn't get settled between 9:30 and 4:00. It gets settled over weeks. That's why swing is king. Not because it's easier. Because it's honest about how long conviction takes to pay. The day I stopped selling my winners at lunch was the day my account stopped looking like a heartbeat and started looking like a staircase. Small size. Long hold. Big result. You don't need more trades. You need fewer, held longer.
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I haven’t been taking any trades lately and I’m not looking to trade. I got tired of giving back my gains from April and May. Instead of looking for new trades, I’m reading trading books, going to review my trades from the last few months, and do further research. When the market is choppy, I’d rather spend my time being productive and not getting chopped up financially and mentally.
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Studying environments > studying setups
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$FROG broke out of a beautiful bull flag on Friday on the highest volume ever. I jumped on it. I think this frog is ready to leap further if the market is willing.
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One of the largest mechanical selling events of the year is about to begin. Roughly $165 Billion of stock could be sold over the next week. Most investors have no idea it’s coming. Here’s what’s happening, why it matters, and how I’m positioning for it: #stockmarket #trading
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To all the new and intermediate swing and position traders out there, my self included, when people with more years of trading experience tell you to sit tight and be patient, we should take heed. It’s days like today and Friday that can help you and I kill our accounts with a painful death by a thousand cuts, or, in many cases, several major cuts. Right now less is more, sitting on our hands, studying, and learning from our mistakes, are the best things we can do until a new trend is established.
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“It’s a bull market, you know!”
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A lot of money is rotating into software lately.
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To take partial profits or to not take partial profits, that is the question.
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Listen to me. This is the #1 rule to know when to SELL: If you screenshot your gains, it’s time to sell 20% of your position. Never sell your winners fully. Just 20% at any given time. This psychological rule will save you millions in the future.
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So many stocks breaking out and more setting up. This market is crazy. My watchlist keeps getting longer and longer.
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