MightyMO : Rob The Stock Markets Blind

See POSTS on TWITTER (X) under MIGHTYMO

10/31/2023

CURRENTLY ACTIVE ON TWITTER 😊

as MIGHTYMO

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My number one rule for consistent gains:

Don't buy the stocks you like, buy the stocks the market likes

Don't stay in the stocks you like, stay in the stocks the market likes

- RobMarketBlind

My number two rule for consistent gains:

Sell immediately when the trade you are in goes wrong

My number three rule:

Never let Wallstreet take advantage of you

The reason for what a certain stock does today may not be known for two or three days, or weeks, or months. But what the dickens does that matter? Your business with the tape is now – not tomorrow! The reason can wait. But you must act instantly or be left.

Welcome to the

TRUE BLUE JOURNEY

7/17/2023

ETF INTRADAY STRATEGY TRADES - 7/17 NET GAIN $350

3 WINS, 1 LOSS, 1 EVEN, 1 ADD-ON LOSS

ETF	DATE	BUY TIME	SELL TIME	BUY SIGNAL	SELL SIGNAL	CHANGE	% CHG	5k per trd
LABU	7/17			6.44	6.58	0.14	2.17%	$108.70
SOXS	7/17			26.7	26.7	0	0.00%	$0.00
SOXS	7/17			26.8	27.71	0.91	3.40%	$171.00
SOXS	7/17			27.8	27.7	-0.1	-0.36%	-$17.99
SOXS	7/17			27.84	28.35	0.51	1.83%	$91.59
SOXS	7/17	(30SHR ADD ON)		27.73	27.64	-0.09	-0.32%	-2.8
							NET GAIN	$350.50

7/15/2023

weekly results - etf intraday strategy trades

each day on stocktwits, posted was the ETF traded

Missed the first buy signal for SPXL which did result in a win if played

13 trades, no losers this week, one did basically break even.

assumption is the same dollar amount is used for each and every trade.

If 5K was invested for each trade, gain in dollar net profit is $1,178.

The original core based rules were used for the results below. Enhanced selling rules were not used here.

The 5 min chart showing the standard parabolic sar dots relate to the time of buy and sells.

The price of the ETF is reflected in the Buy and SELL signal columns.

7/15/2023

ETF	DATE	BUY TIME	SELL TIME	BUY SIGNAL	SELL SIGNAL	CHANGE	% CHG	5k per trd
LABU	7/10	8:40 AM	9:45	5.67	5.95	0.28	4.94%	$246.91
LABU	7/10	12:08 PM	1:00	5.93	6.1	0.17	2.87%	$143.34
LABU	7/10	2:10 PM	CLOSE	6.09	6.13	0.04	0.66%	$32.84
SPXL	7/11	10:00 AM	11:25	88.11	88.43	0.32	0.36%	$18.16
SPXL	7/11	2:45 PM	CLOSE	88.3	93.21	4.91	5.56%	$278.03
YINN	7/12	8:40 AM	10:45	36.39	37.19	0.8	2.20%	$109.92
YINN	7/12	11:50 AM	1:30	37.32	37.79	0.47	1.26%	$62.97
NAIL	7/13	10:55 AM	2:00	82.86	83.99	1.13	1.36%	$68.19
NAIL	7/13	10:55 AM	2:00	82.86	83.99	1.13	1.36%	$68.19
NAIL	7/13	1:55 PM	CLOSE	84.39	84.79	0.4	0.47%	$23.70
LABU	7/14	10:00 AM	12:00	5.95	6.09	0.14	2.35%	$117.65
LABU	7/14	12:15 AM	1:50	6.12	6.12	0	0.00%	$0.00
LABU	7/14	2:35 PM	CLOSE	6.12	6.13	0.01	0.16%	$8.17

						9.80	23.56%	$1,178.06

ETF

7/16/2023

ETF INTRADAY STRATEGY TRADES

Expectations on making $1,000 net weekly investing only 5K per trade

After trading this strategy almost daily since inception back on Nov 2021, here are the historical expectations.

If one only traded 3 trades per day (15 per week), expect 11 winners against 4 losers (73% win rate).

Based on selling signals, stops, and selling rules, expect worse case losses of $200 ($50 avg per trade).

My historical data shows most weeks have a greater win rate than 73%)

Loss expectation on losing trades : $200

If all 15 trades were winners, one would need to average $67 gain per trade to make $1000 profit.

However after expecting losses of $200, one would need to have an average gain of $110 on the 11 winning trades.( $1210 (11x110) - $200).

The percentage gain seems high. One would need to gain 2.20% on each trade.

Remember however we are dealing with 3x ETFs here. One can expect some trades to gain 5% or more, getting double digit trade gains are the norm, not the exception on a weekly basis , on at least one trade) (based on historical results going back to November 2021).

Gain expectation on winning trades : $1200

Net weekly gain $1000

It's my experience , based on comments received that most players, using this strategy sell too soon.

That's actually OK if the repurchase order using a buystop is used ... but... in this writeup I do not want to get into those enhanced strategy rules posted on stocktwits from time to time.

I do have conditions where I scale up or down but don't want to get into those here. One I always stated however is to sell 20% when the etf has gained 6%.

To used this strategy using $5,000 as max per trade, one would need at least $30K in a cash account. It takes one day to settle so 15K is available on a given day. With 30K tied up in the strategy, one would gain over 50% per year and gain $52,000 yearly.

This is based on 5K, one can go with 1k or 50K per trade, that's up to you but keep the trade amount the same. However, as one gets comfortable and successful with the trades, one can raise the ante.

June 6, 2023

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My number one rule for consistent gains:

Don't buy the stocks you like, buy the stocks the market likes

Don't stay in the stocks you like, stay in the stocks the market likes

- RobMarketBlind

My number two rule for consistent gains:

Sell immediately when the trade you are in goes wrong

My number three rule:

Never let Wallstreet take advantage of you

6/8/2023

ACTIVE HOLDINGS

		SYMBOL	last priice	STOP
47.16%	2,357.94	NVDA	385.10	346.59	ac
27.84%	1,392.06	META	264.58	238.12	ac
3.40%	169.94	TSLA	234.86	204.43
10.60%	530.22	UBER	40.26	36.50	ac
5.94%	296.93	CCCS	11.06	9.40
5.77%	288.58	FLEX	26.39	22.46
9.79%	489.37	VKTX	24.79	22.75	ac
15.61%	780.68	SMCI	254.35	228.92	ac
-1.81%	-90.45	GOOG	122.67	112.44
1.18%	59.07	ELF	106.20	94.46
-2.52%	-126.08	DUOL	157.34	145.27
0.22%	11.06	EXAS	90.65	81.41
0.00%	0.00	AEHR	41.13	37.02

9.48%	$6,159.32

PORTFOLIO

	open	9.48%	$6,159.32
	closed	3.46%	$4,766.70
	total net		$10,926.03

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WIN RATE

My results after 26 session days this year. 17 winning days , 9 losses : win rate 65%

4 wins, 7 loser on red down market days : 13 wins , 2 losers on green/mixed days weekly wins 4 out of 5 80% monthly win rate 1 out of 1 100% Losing trades over -$200 this year. 0 Goal for daytrades is >50% posted goals 190 win days out of 250 (allows for 5 losing days on average a month) Win weeks 50 out of 52 96% goal vs actual 100% Monthly wins 12 out of 12

Welcome to the

TRUE BLUE JOURNEY

a path to realize and achieve 100% gains in stock/etf trading in each of six tracks.

as of Jan 25, 2023

TRUE BLUE

the TRUE BLUE challenge

An initiative to achieve super performance results in six different tracks, with the objective of 100% gains in each track...

This is a serious attempt to achieve super performance results. It is not a wishy-washy pie-in-the-sky fantasy to obtain stratospheric returns by trading lotto picks with poor hopes of success. True Blue is a day-to-day process in an attempt to show making 100% gains are possible by following a certain strategy methodology. True Blue uses the concept of Stage Cycle Pattern analysis and applies the principles and stringent rules in the manner laid out by Stan Weinstein, Richard Wyckoff, Mark Minervini, William O'Neil, Nicolas Darvas, and Jesse Livermore. The rules we use are a composite of their writings, presentations, methodologies. I also interject some of my own rules.

True Blue also uses Price Behavior analysis on each selection to determine the proper time to trade in the various securities.

True Blue scans the market universe for securities than can be or are in the process of being Super Performers. The maximum number of securities in True Blue is six (by choice). One can think of True Blue as six mini-portfolios, I call each as 'Tracks', each containing only 1 active stock at a time. Each will 'track' the total performance results of all the securities that were active at one time in the track. Realistically, super performance will be accomplished by 'Rebalancing', for example buying and having that 1 stock active at a time, then selling and buying another until your original capital has doubled. True Blue is not interested in diversification but in concentration of the top performers.

Concentration allows one to focus on the best current performers and also allows one to control risk better and to easily get out or rebalance if need be.

Diversification might allow for a decent return at best but most likely to end up with an average return. I am not interested in a decent return, I want a huge return. The mindset in TRUE BLUE is Super Performance.

True Blue doesn't relay information in hindsight. On it's stocktwits thread, transactions are posted in near real time, both entry and exit. Posted are the price bought or sold. The thread is time-stamped and stocktwits does not allow deletions or editing on published posts. Complete and total transparency.