Michael | Hypergrowth @itzmichaelluu
Day-trader, father & writer | Expert in technical and fundamentals analysis. Joined October 2009-
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The hardest part to day-trading is selling. Here's the ultimate cheatsheet for the perfect exit👇: *(includes advanced strategy)
If you are trading SPY tomorrow, then read this: Tuesday at 11am EST (market sold off) Today at 1pm EST (market sold off) This is the reason why 🧵
There is a critical bond auction tomorrow at 1pm EST so you will need to pay attention to this time. The volatatility will increase.
Here's the full analysis for you to study!
10 trading mistakes you need to fix but you don't even know you are making: 1. Using a strategy that is not even profitable. (Bookmark this list then check it off 1-by-1 once you have mastered)
If you are struggling to cut your losses then follow @itsmichaelluu to help you master risk management: x.com/itsmichaelluu/…
If you are struggling to cut your losses then follow @itsmichaelluu to help you master risk management: x.com/itsmichaelluu/…
8. Position sizing too heavy for your risk tolerance. 9. Focusing on only 1 trade at a time instead of thinking its series 10. Having too much debt or too much pressure so you can't take a loss.
We're fighting critical battles: - Election Integrity - #DemolishDEI - Stopping Biden's radical immigration actions - And so much more. If you support our work and our efforts, please consider making a contribution to AFL TODAY: aflegal.org/donate/
There are 6 months left in 2023, If you focus on these 8 trading habits. You'll be unrecognizable in 2024 👇
8. Increase confidence and decrease fear each day. • Be a profitable trader by learning to be fearless. • You can't fear losing money and you can't fear taking profits. • Do this by evaluating yourself each trade and each day. • Increase confidence by learning from mistakes.
Follow me @itsmichaelluu for more powerful lesson on trading psychology and risk management. • DM me if you need to discuss your trading and need some guidance. • Retweet this to share with your audience. I greatly appreciate it.
Follow me @itsmichaelluu for more powerful lesson on trading psychology and risk management. • DM me if you need to discuss your trading and need some guidance. • Retweet this to share with your audience. I greatly appreciate it.
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Chart Analysis for July 2th - 7th 👇 1. SPY 2. RSP 3. QQQ 4. GUSH 5. XLK 6. XLY 7. IWM 8. TSLA 9. NKE 10. NFLX 11. NVDA 12. MSTR 13. AMD 14. RIVN 15. UPST 16. OSTK Comment which ticker should I do?
16. Commentary of OSTK: - This is a strong breakout chart with volume confirmation. - I think in the short term here it can hit $40+ - The best area for dip buys I think is between $28-$30
Follow me @itsmichaelluu for more technical and fundamentals analysis similar to this content. • DM me if you need to discuss your trading and need some guidance. • Retweet this to share with your audience. I greatly appreciate it.
Follow me @itsmichaelluu for more technical and fundamentals analysis similar to this content. • DM me if you need to discuss your trading and need some guidance. • Retweet this to share with your audience. I greatly appreciate it.
$SPY Breakdown: On a technical analysis level here: (strategy for July at the bottom) • It has broken out of the ascending triangle at the end of May. • This was a years long consolidation from May 2022 to May 2023. • The longer the consolidation the bigger the breakout.…
😀How to become a green thumb? Picture this can help you!
This student turned $1500 into $30,000+ in 365 days. Here's exactly how to grow your trading account consistently 👇: (for beginners to intermediate level)
5. On any given trade there is no way to know the outcome before hand. • All trades are completely random and unpredictable on a trade by trade basis. • But over a series of many trades, you will realize if you execute your trades properly you can make consistent profit.
This took me 8 years to learn, I'll teach it to you in 8 minutes 👇
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