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My favourite set-up is the Sweet Potato Pie set-up:
The best stocks in the best groups coming out of clean and simple bases on volume in a good market @PatrickWalker56 🥧
Earlier in February this year I made a model book based on @Qullamaggie 's Swing School series on Youtube. Basically all the examples he referred to in the series. Includes quotes of his that resonated with me, all in one document. Not perfect, but inspired by @mwebster1971 I want to share this if it's of use to anyone. I will be printing this out and writing more notes on the charts.
Open to feedback!
drive.google.com/file/d/1VEE…
@TedHZhang @ConnorJBates_ if I remember correctly you guys are students of Qullamaggi. Perhaps this Model Book might be of interest to you. Cc @RichardMoglen
Andres Chavez retweeted
If software and biotech are broken then there are no leading sectors left. No leading sectors = correction … at best.
Looking forward to the bases we get out of this, whenever that may be. Been in cash except for one winner hanging on by a thread. For now, study time
Some thoughts from my journal on the switch to 23-hour trading days:
"I think when we make the switch, there should be less major earnings gaps... Sure, you can think of the stocks that go up a bit only to reverse down and close ugly. But if a move is real the demand should still greatly overpower the supply. The real ones should just GO and that's where there might be opportunity where there isn't as much now. Set a stop, a stop loss in case it reverses."
Just a thought. Could be nothing.
$HTFL - not sure exactly what they do but I like the base. Good sales. Health care name. High tight flag, 5-week consolidation, the train should come soon if it's coming..
You can only improve if you're willing to look in the mirror of your results and learn from your mistakes.
After a good 2024, I was humbled in the early 2025 chop. I got overconfident. I made classic mistakes. I let USIC get in my head. I ended up down early in the year and that affected my psychology the rest of the year so that I was not able to trade the following rally as best as I should have. I finished the year down and it felt like the end of the world even though I believe "the Marks" would say the downside was relatively contained.
My post-analysis of the year made me think "what was I even thinking" - down in a good environment where I should have done well - the worst!
Now this year I've been treading super lightly after a good start and a punch in the nose in June. Still up and my equity line has been pretty much flat since then - I'll take it because if I didn't learn what I did from the early 2025 chop, I'd be down.
Progress is progress in this never ending game.
One of the worst things you can do is miss a buy that you had planned. The next worst thing is to chase it and buy it once it's extended
Bend with the wind
I've been a stock trader for 43 years. Based on my experience, the market will never outsmart me and take my capital during bear markets or sky rocket without me onbosrd for the ride during bull markets. That sounds very arrogant, doesn't it. But wait until you hear the reason why.
Because I never try to outsmart the market.
What i have learned is humility. The market is always right. And if I am yielding to its message, I can never be outsmarted by the very force I am respecting and staying in gear with.
There's a fortune in this one paragraph.
Andres Chavez retweeted
THIS IS GOLD!!!! If you know what it is...you'll realize that!!!
STUDY IT, STUDY IT, STUDY IT...then study it more...then
I found this treasure "The 100 Greatest Stock Market Winners of the Past 15 Years~1977~ William O'neil " from @cincylibrary Here is the digitized pdf drive.google.com/file/d/1S5w… @mwebster1971 @IBDinvestors
It appears to me that the story of 'the man in the mountains" is as applicable and advantageous today as it was when Livermore wrote about it. I've found i trade my best when im most detached from the market and keeping an eye on it like a dad BBQ'ing and keeping an eye on his kids playing outside so they dont get hurt or into trouble.
Do you have a full-time gig?
Or just can't be glued to your monitors all day!
Then Webby Rambles On #85 is for you!🍀
Retail selling vs. Institutional selling visualized
youtube.com/watch?v=6Dewatik…















