Respect the Pullback: Let the Market Recalibrate After Gains
After a euphoric Monday, don’t be afraid to let some unrealized gains pull back to allow the market to recalibrate for bigger run—especially if you’ve already taken partial profits yesterday. I stick to a systematic 10-MA trailing rule with no secret formula to sell anyone. Some of my positions can stretch beyond 25 trading days, so dont belittle the power of trailing MA as short as 10 especially if you on high ADR% names. There are losses during the period, but they’re very obscure due to my 3-stop and breakeven stop rule, which typically cuts those down to under 2-4 days of holding and below 0.7R. $Direxion Daily S&P 500 Bull 3X(SPXL)$$Direxion Daily PLTR Bull 2X Shares(PLTU)$
PLTR - Readjust the stop to breakeven based on avg price
I'm still in this position. The latest stop is set at current day’s low, as outlined in the nuances I shared in the link. If $Palantir Technologies Inc.(PLTR)$ reclaims the 10-day MA by the close, I’ll readjust the stop to breakeven based on avg price and continue riding the trend, per my rule. It’s a very mechanical approach, letting winners ride on MAs without second-guessing emotionally. You need to stretch your profits as much as possible, and cut all losses as short as you could.ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to
April was supposed to be the best trading month I’ve had in 2025, but of course, time and time again I had to screw it up for myself! 🤣 I concluded the month massively disappointed, and going through my trades chart-by-chart was intensely painful/uncomfortable, but it is for that exact reason why I must write this review. This month left a very lasting impression and key takeaways worth pointing out.Trading Stats (MTD +0.08%, YTD +31.03%) –The beginning of April couldn’t be better – I avoided liberation day, saw the market down in the dumps, and had the courage to go for the $ProShares UltraPro QQQ(TQQQ)$ mean reversion. Waking up on that Monday to the $E-mini Nasdaq 100 - main 2506(NQmain)$ futures a
$Tradr 1X Short Innovation Daily ETF(SARK)$ - Inverse 2x $ARK Innovation ETF(ARKK)$ at 200-MA Rejection with 6-Month RS, and strongest YTD asset XAUUSD pullback to 20-MA.Bullish pennant forming at 7.4% ADR, with price compressing toward the apex of a descending wedge, potential breakout setup aligned with short term extension observed across MMTW of current market context. Major index in both cap and equal weighted (except $iShares Russell 2000 ETF(IWM)$ ) sold intraday into low ahead of pre-market NFP. I personally do not think the odds is favorable for a further swing long exposure to equities if you are already sat with exposure. We will have the 3rd FOMC next
SPY and QQQ positioned just below their declining 50DMA
''Sell in May and Go Away'' , average returns -0.1% since 1928, have often been muted, with higher volatility.We’ll begin trading for May 1st in the later session, with both $SPDR S&P 500 ETF Trust(SPY)$ and $Invesco QQQ(QQQ)$ positioned just below their declining 50-day moving averages, as the market sits at a broadly extended short-term breadth level.If you're already positioned long, stay disciplined with your plan—whether that’s scaling out into strength, using trailing MA stops, or a hybrid approach. Market can further extend to expand your unrealized profits, no one can predict.If you're on the sidelines with a watchlist of setups nearing entry, be aware there's an imminent pre-market risk event o