Hello . I am a new subscriber. I follow you on Twitter and I really respect your knowledge and professionalism, I'm glad I can join ;) I'm already using substak but I wanted to join discord, how can I do it?
In the example from the article, I read your comments made in real time that longs should be trimmed between 4822 and 4825 (operating from a pullback and successful test of 4815). That's only 7-10 SPX points, and the day closed at 4871. What am I missing (or misinterpreting) here?
Taking first profits, not closing position. My style is to take SOME profits quickly and then set stops losses so that the trade never goes red once it has gone green. Then as price continues to go in our favor, take more profits and raise stop losses on the rest to preserve gains.
What instruments (and/or how much leverage + equity) are you and other day traders in this space using to generate profits on a 20 point move in ES / SPX? I don't currently trade futures and only trade during RTH using primarily SPY and QQQ options. Have been subscribed for several months and am having trouble leveraging your concepts and levels because I don't have a good grasp of the intraday execution you and your followers are deploying. Happy to read up and research any primers here, on Discord, or elsewhere. Thanks 👍
Most actually trade SPX or SPY options off the ES levels. There’s a link to a converter in TradingView in the room in announcements up a couple weeks ago. Some just keep the ES chart open as well. Some trade 1 week to expiry for better delta control and some trade 0dte. The execution is def the hard part for most. Ive shared a few ways over time in there but I’ve been a bit busy the last couple of weeks with the TDS course so less recently. Once this group of students is done I’ll have more time for nuggets/pearls on things like that. I’ll find a few examples tho and post them fresh in the nuggets room in discord 🤝
Thank you for continuing to demystify your approach. I’m new to the lexicon, so auxiliary material is super helpful 😊
Hey Pharm - just signed up to paid - refresh me on the process to get the discord access?? I know it can take a few days. Thanks.
Email PharmDCapital@gmail.com with your discord username and we’ll get you in 🤝
Just found that instruction and did it - thanks!! Also feel free to ignore the tweet from larrydaveed asking the same thing 😂
Hello . I am a new subscriber. I follow you on Twitter and I really respect your knowledge and professionalism, I'm glad I can join ;) I'm already using substak but I wanted to join discord, how can I do it?
In the example from the article, I read your comments made in real time that longs should be trimmed between 4822 and 4825 (operating from a pullback and successful test of 4815). That's only 7-10 SPX points, and the day closed at 4871. What am I missing (or misinterpreting) here?
Taking first profits, not closing position. My style is to take SOME profits quickly and then set stops losses so that the trade never goes red once it has gone green. Then as price continues to go in our favor, take more profits and raise stop losses on the rest to preserve gains.
What instruments (and/or how much leverage + equity) are you and other day traders in this space using to generate profits on a 20 point move in ES / SPX? I don't currently trade futures and only trade during RTH using primarily SPY and QQQ options. Have been subscribed for several months and am having trouble leveraging your concepts and levels because I don't have a good grasp of the intraday execution you and your followers are deploying. Happy to read up and research any primers here, on Discord, or elsewhere. Thanks 👍
Most actually trade SPX or SPY options off the ES levels. There’s a link to a converter in TradingView in the room in announcements up a couple weeks ago. Some just keep the ES chart open as well. Some trade 1 week to expiry for better delta control and some trade 0dte. The execution is def the hard part for most. Ive shared a few ways over time in there but I’ve been a bit busy the last couple of weeks with the TDS course so less recently. Once this group of students is done I’ll have more time for nuggets/pearls on things like that. I’ll find a few examples tho and post them fresh in the nuggets room in discord 🤝
Really lucked out discovering your twitter. This is fucking gold