Daniel
@Investandbefree
Self Made. Passionate about Financial Freedom. All of my tweets are my opinion only, any choice to buy or sell is yours alone based on your own due diligence
I'm not in this, but I know many are, and as I stated a week or so ago, until the below cross purposes changes, nothing material will change. Period. Reference the chart for the truth, not opinions, news, and especially not consensus...that's a red flag to always be wrong.
$UNH - Statement from UnitedHealth today... Not really new news but stock sells off anyways
Oh look, UNH is still flattish to down... Who could've known.
I trade SPY. Nothing else. However, out of curiosity I saw UNH trending and I thought I'd have a peek. Lots of 'opinions" and "guru's" with all kinds of "manipulation" and other bullshit theories of why this hasn't moved yet so a quickie lesson on how to read a chart.…
I trade SPY. Nothing else. However, out of curiosity I saw UNH trending and I thought I'd have a peek. Lots of 'opinions" and "guru's" with all kinds of "manipulation" and other bullshit theories of why this hasn't moved yet so a quickie lesson on how to read a chart.…
I got a really good question from @CasazzaD on this and the answer actually might be helpful for a few folks. He asked, 'what is the advantage of the 30 OTM vs a closer expiry with higher returns?' The answer is that its all part of the mindset shift to trading longer time…
More than several positions OTM. Like in LTF IV, I have standardized it so there is no worry of greek nonsense. As a starting point, try 30 positions OTM and see what you think.
This is important context for any entry. Ignore the macro environment at your own peril.
To make this clearer, not every long time frame entry will be this compressed. More often they move like a turtle, and that's an advantage. This morning we had both velocity and a quick stop at SPY all time high. Hence the macro awareness surrounding my decision
Quickie note if you get a technical issue. I trade multiple accounts, and this morning my template for such caught a wee glitch. The result is it entered on one and not the others. By the time I realized what happened, and fixed it, the move was somewhere in the middle. If…
Inching closer to reality with every report
UMich Sentiment 61.8, Exp. 61.5 UMich Current Conditions 66.8, Exp. 63.9 UMich Expectations 58.6, Exp. 56.9 UMich 1 Yr Inflation Outlook 4.4%, Exp. 5.0% Umich 5-10Yr inflation outlook 3.6%, Exp. 3.9% Did they finally fire Justin Wolfers
In LTFIV, I covered seven guardrails to help curb the worst instincts of the variable in the chair If you're still having some issues in that regard, consider moving to longer time frames With the right process, they act as a natural filter to many of the behavioral drivers
Unpossible. The "experts" assured us the sky was going to fall.
I said this to @benjune ...this will turn out to be fake news.... If you're buying/trading/investing based on rumors, you may wish to re-think that impulse, and stop being scared to think for yourself.
There's a reason I say spikes are like a hooker telling you 'its just a cold sore'....and to just avoid them.
Adam Smith explained the fallacy of this reasoning around 250 years ago, and its been proven multiple times since. Yet the same shitty socialist 'idea' is trotted out over and over again around the world.
Have a drink whenever the terms "well anchored" (whatever in the hell that's defined as) comes up, or "transitory"
The same "experts" who told you 'inflation was transitory" at around 7%+ and that the economy was fine, despite all data to the contrary at the time, are the same "experts" desperate to see inflation in data that doesn't show any. Because..."experts"
The same "experts" who told you 'inflation was transitory" at around 7%+ and that the economy was fine, despite all data to the contrary at the time, are the same "experts" desperate to see inflation in data that doesn't show any. Because..."experts"
No inflationary pass throughs. But they will absolutely, definitely show up next month, or maybe the month after, but certainly before 2030. Because... "The lack of tariff inflation remains transitory"
In LTFIV, I included an entire section on how to spot when NOT to trade. In the past week, I got a few dm's on that topic once again with the market being toppy/rangey One of the best organic things about trading the longer time frames with the new method is it automatically…
One of the advantages of the double MACD set up I use is its ability to see where a trade will be more volatile. We've been range bound around the top of SPY for awhile, if we get a relief move to the other side, its likely to be a bit ratty without a catalyst as there is no…
My wife and daughter are in Lithuania this weekend for a tournament. Still a place on my to do list. Looks beautiful
The double macd system I use for LTF is like a window into the future. Accurate, predictive, and simple. Ben has replicated that in an automated tool that can alert you when all the ducks are in a row. Check it out.
The Double-BenMACD for the win yet again. With all thanks to #LearnToFish and @Investandbefree You're very own fishing lures, just a click away. benjune.gumroad.com DM me with any questions!