Felicia Harrison

Since the start of Q4 2023, we've been on a streak of 26/26 for swing trades callouts (common stocks and options), boasting an impressive average win % of 29.7% per trade. 📈 Before this streak ends (because they always do), let's chat a little bit about this. That equates to approximately 2 trades per week - minimal but effective. 💪 In one specific channel, we meticulously analyze and share our preferred setups, along with our reasoning, allowing people to glean insights and learn from our successes and missteps. Having a well-defined plan makes holding onto these rather 'unexciting' plays much easier. They might lack pizzazz, but they undeniably deliver results. 🙌 In closing out the year, we had successfully closed out positions in $MARA, $TSLA, and $BABA. The new year commenced with $PYPL and one additional position 😉. Some key takeaways from last year's journey: - Not every day is a trading day - Sometimes retail just falls into gambling disguised as trading or boredom. 🤔 - Emphasize overall position size and sizing into a position more than timing the market full-sized. 💰 - Longer timeframes have yielded better results. 30/40 days per contract is my preference. 📅 - Constantly watching a trade on the 2/5-minute chart during a swing suggests either excessive leverage or a mismatch with your trading style and trade. 🔍 - An A+ setup demands at minimum a detailed breakdown of the setup itself, entry point, target, and risk level. Price action, volume and a few other indicators/strategies would need to validate the setup before entry (Example below in phots) 🔍 Two books that we have really pushed our team to read over and over 📚 - A Complete Guide To Volume Price Analysis 📈 - Trading In The Zone 🚀 Hopefully, this helps at least one person out there. If you found value in this at all, liking and sharing would be appreciated. Wishing you all a prosperous and insightful trading year ahead!