Interesting stocks for this week:
Continuous sweep buys increase:
$NXPI
$MTCH
Divergences:
$NIO
$ADBE
Unusual P/C ratios:
$AFRM
$LIT
Analysis is one of the most important *skills* of trading. It's a process everyone has to learn.
Don't take action without a reason.
We have heard from many users about how they should effectively use options flow data.
Read this ๐ https://t.co/XT1jMLPj5L
This is NOT a beginner's level analysis.
"Following" flow is not always right.
There is no "smart" money.
No "AI" is going to help you in the long run.
All of the below in one package ๐
https://t.co/gnY7J21ec6
Where else can you get such value for a trader?
A journal is a must.
There are no exceptions.
Notes, charts, tags - it takes less than 5 mins/day and its upsides are HUGE in the long run.
Start today!
Find your edge!๐
Risk management is #1 in trading.
A simplified example of thinking about risk:
Are you in a red trade and unsure what to do?
The objective truth: You were wrong.
However, you *hope* things turn around.
Probabilities vs Possibilities...
It's right there, but we don't see it..
There are many factors in your trading that could be preventing you from earning more from your trades.
With TradesViz, you can now visualize & plot how much more you could have earned in a trade visualized against almost every stat.
Find your edge ๐ https://t.co/gnY7J21ec6
How do you figure out how your performance correlates to the market conditions? ๐ค
It's not just "bull market -> everything goes up" and vice-versa for YOU.
The assets your trade, the sectors you trade, and the markets you trade in - are all different.
https://t.co/gnY7J21ec6
๐จ New platform support
You can now import your trades directly from Quantover to analyze your trading performance on https://t.co/2blWUckDu9!
Want us to add your broker? Send us an email to [email protected]!
#tradingjournal #futures #trading
Learning how to use filters can potentially 10x the speed of your trade journaling analysis.
There is nothing that can beat TradesViz when it comes to comparison & analysis.
Watch this short video on how to effectively utilize filters in TradesViz ๐
We talked a lot about how you can dig into your data to get more insights.
However, that's not the end of it.
A holistic analysis involves more than numbers.
Comments, Notes, Charts, PnL, Trade Attributes, Market conditions-All of these are part of your journal in TradesViz.
How skewed is your PnL distribution?
Check this out with TradesViz and learn about why the distribution of your PnL is important ๐ https://t.co/UaDbiu4aWu
It's not always red/green numbers and simple price analysis that help you.
Dig into the numbers. You will find gold.