TraderSumo

After a nearly six-month hiatus, I am going back to my old account @TraderSumo1. My main purpose, through my 15 years of experience will be: -To help you improve in your trading any way I can. -To provide you with market insights as I see them. If you haven't followed my old account and want to see more of my content, follow it now.

@Sorenthek @JohnnyC__

Napkin setups that range traders don't understand. They frame the markets incorrectly and they miss the best short entry because they don't understand trend.

Not telling you what to do, but I'd wager $ATOR is another monster short in the making.

My @PolytrendsAlgo scanner clutched this $NVDA short.

Foreshadowing. $NVDA Losing 454 sets up 423 into 405.

Mark my words, this is going to zero within a couple days. $BEN

Are you still doubting? teapawt.net/TraderSum0/status/1675…

I spent 14 days becoming a funded trader. Here's day one. youtu.be/VrHOgVFHfXk

Learn the rules, play the game.

I'm going to show you the problems with "range trading" as well as some perspective on where #bitcoin is likely going as we progress into August.

The greatest trades ever made have been massive short positions: Jesse Livermore - shorting the 1929 Crash. George Soros - Shorting the British Pound. Paul Tudor Jones - Shoring the 1987 Crash. Jim Chanos - Shorting Enron. Michael Burry - Shorting the 2008 Housing Crash. Meanwhile, you're over here trying to long every shitcoin because you think it can go to a $100M cap.

I've been a $PLTR bagholder for some time. I'm also one of the few that has used their classified tools. For those of you that managed to buy under $10, congrats.

$pltr must be going to new ATHs soon...

Having the @PolytrendsAlgo in your arsenal today, is like being the ancient Chinese rice trader that invented candlesticks.

There is no such thing as bull traps. There is only market progression. Your CFD chart made a new ATH, the futures have not. Until this support approx 1895 is lost, the most logical expectation is new ATHs before your 1600s "eyeball" level.

Monthly, Gold. Probably does something around here.

Buying altcoins is inherently one of the most risky trades you could ever take, despite the upside potential, for the simple fact that all of them basically go to zero. Use my "losing the high" strategy to short alt coins: 1. Find a swing high. 2. Find its support. 3. Wait for a candle to close below that support. 4. Enter short. 5. Ride to the next level below (quick targets) or ride all the way into a new swing low (longer targets).

Larry Fink will drive the price lower prior to his #bitcoin ETF.

I expect to see some profit taking up here.