Shake Pryzby
@ShakePryzby1 • 15,986 subscribers
@pinpointtrding 2nd Place USIC '24 $1M+. NFA. My TraderLion interview - https://t.co/9dstvGi9BE
Videos
This 1 minute Dan Zanger clip changed my life when I fully HEARD its power. "Biggest lesson was to not be in the market all the time and to trade far less than I do." "Market may have two big moves during the year. They may last 6, 8, 10, 12 weeks... other than that they just exhaust themselves." "Just trade out then go golf, swimming, go to cash, just have fun and enjoy and wait for everything to set up and do it again." You ever see White Men Can't Jump? When Woody Harrelson puts on Jimi Hendrix and Wesley Snipes says, "No no no. There's a difference between HEARING and LISTENING. White people can't HEAR Jimi, yall just LISTEN." I have found that most traders LISTEN to Zanger but they don't HEAR him. There is nothing more difficult than changing your day to day market behavior on a dime after months of activity giving you overtly positive feedback. With today's follow through selling, it's clear the environment has drastically changed in a week's time. I constantly work on my mental state and the goal is to never have PnL effect your life outside trading. Unfortunately, I am a simple Neanderthal and I am happy when I win and angry when I lose. So I tirelessly work on myself to understand when I win and how to avoid losing. So I push push push risk when I'm hot and have unbelievable market feedback and traction. Then I completely stop when that changes. I can only do this, because I have NOT done it so many times in my career and the emotional pitfalls of giving so much PnL back FORCED me to change the behavior.
Shake Pryzby77,338 Aufrufe • vor 1 Monat
Here is a short snippet from our weekly team call today preparing for the week ahead. First I'm going over my trades from last week, the thought process behind all the executions and where my focus is to start this week. In the $TWLO entry we talk about mixing the largest time frames with the smallest ones along with a myriad of other layers of probability that made it exceedingly attractive to size up in a given spot. $DOCN on the other hand we talk about sizing differently and giving ourselves optionality depending how the market wants to start the week, what we want to see out of the action, spots we're looking to aggressively add risk but still positioned so we will not get shaken out of a quick down move if we were to open to weakness. $DDOG we talk about sizing up in that first entry when it triggers and giving ourselves the ability to take profit into a momentum move higher, but still having enough stock to manage for the long term position trade comfortably. Most traders out there don't look into these secondary characteristics of intraday action while mixing in the macro charts in which I feel is our biggest advantage in this market if you understand what to look for. This is where we find the real alpha. We go over lots more in the video. In the full call we talk market expectations as well as individual member's ideas and go across all the current themes firing in the market. We have such a huge advantage heading into the market each week in this manner, all in sync, with hundreds of eyes spread out tracking the information. What an exciting time to be a trader! I can't get over the opportunity this market is set to provide. Hope you enjoy the video and get something out of it. 🫡 Other charts mentioned: $NAVN $INTC $QCOM $FROG $ARM $APLD $CRWV $AFRM $OSS $AAON $INFQ $MOD $AMKR $CCJ $AFRM $SEDG $IREN $AKAM $SATS $RKLB $NOK $ONDS $PLTR $SKM $AVEX $YETI $SEZL
Shake Pryzby21,563 Aufrufe • vor 1 Monat
When a problem comes along, you must flip it. When we under all MA’s, you must flip it!! So many people say “I have no idea how to short.” Well here ya go, $IREN short setup broken down for ya. Yeah yeah my audio sounds like a Wendy’s drive thru, deal with it. What’s worse is I stole that joke 👆from Heaven Piller 🤷♂️🖕😂
Shake Pryzby50,011 Aufrufe • vor 8 Monaten
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