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Preppy Trader
5,485 posts
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Preppy Trader
@preppytrader
Day/Swing Trader. My job is to make sure your money doesn't end up in the pockets of Goldman Sachs. It belongs in mine. Sorry I took your lunch money.
Washington, DC
Joined November 2016
547
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975
Followers
  • user avatar
    Preppy Trader
    @preppytrader
    Nov 18, 2022
    Anyone who has ever worked on a “group” project in college or has run a business knows this is true except that maybe it’s 80-20 or 75-25. If you didn’t notice this, it’s probably because you were in the 80-90% who let the whales in your group do all the work.
  • user avatar
    Preppy Trader
    @preppytrader
    Nov 22, 2021
    Replying to @SJosephBurns
    By far, the best I've seen are the Sami Abusaad videos on T3 Live. If someone wants to learn how to be a professional trader, this is the real deal. His 33 video playlist is the place to start. youtu.be/CDAnby9B-dY
  • user avatar
    Preppy Trader
    @preppytrader
    Oct 16, 2023
    Replying to @madaznfootballr and @Pyriteminer
    The reality is that the market has sucked for 30 months. In a bear market, patterns don’t follow through and price moves in unexpected ways. I would say to just back everything down until the market improves. Trade smaller, stick with high liquidity, and sell faster.
    6K
  • user avatar
    Preppy Trader
    @preppytrader
    May 9, 2023
    I bought $XERS High Tight Flag triggered today. The rules for HTF are: -80% Gain in 8 weeks or less (90%+ is better) -3-5 Week Flag -The Pole is about 45 degrees -Retraces no more than 25% -Vol declines during flag
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    6.3K
  • user avatar
    Preppy Trader
    @preppytrader
    Jan 30, 2024
    I took the back half of $CGEN off the table. @Qullamaggie goes over this setup endlessly in his videos. We all need to memorize and perfect it. Here are a few that I think are warming up: $SLN $STTK $NUVL $ATHA $KEQU $HBB $GRND $TMCI $RAPT $ZIM #HighTIghtFlag
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    6.3K
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    Preppy Trader
    @preppytrader
    Dec 5, 2022
    Thanks! See you at the nursing home!
  • user avatar
    Preppy Trader
    @preppytrader
    Nov 17, 2022
    Replying to @LisaBloom
    The "accommodations" refer to work environment, ie. ramps, not job description. Anyone who can't work for 70 hours in a week doesn't qualify, regardless of their reason. There is no reasonable accommodation that is going to get 70 hours worth of work done in 40.
  • user avatar
    Preppy Trader
    @preppytrader
    Apr 21, 2023
    These guys post a lot of legit ideas. Follow them: @gusichan @johnscharts @TedHZhang @CasualtyWar @RoyLMattox @MartyChargin @TaPlot @TmarketL #FF
    8.9K
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    Preppy Trader
    @preppytrader
    Mar 5, 2024
    Replying to @ZaleskiLuke and @elonmusk
    Are you saying you don’t believe that we flew in 320,000 immigrants secretly?
    905
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    Preppy Trader
    @preppytrader
    Feb 5, 2024
    I decided to grab a couple $PLTR shares before earnings, because, well, what the hell. Holdings by size: $FAST $DKNG $NVO $NFLX $UBER $GCT $ALAR and starters in $PLTR, $RVSN, $RCL, $PINS, $FDMT
    2.6K
  • user avatar
    Preppy Trader
    @preppytrader
    Dec 5, 2022
    Replying to @GRDecter
    I must be really friggin old. I can't figure out how to get the app. Google is probably burying it. Nothing in the Apple App store. Tried web addresses, but I can't figure out how to get it on my devices or access it. Is there a website for it?
  • user avatar
    Preppy Trader
    @preppytrader
    Jan 16, 2023
    Everyone says "Manage Risk, Use Stops" but never anything specific. Here's a thread on how to use stops. 1) Your practical stop should be placed just below the low of the entry bar. So, whatever bar or time frame you're using. If it goes lower than that first bar, get out.
    1.3K
  • user avatar
    Preppy Trader
    @preppytrader
    Sep 6, 2023
    Replying to @AsymTrading
    A lot of people don't understand that risking $100 means that you would lose $100 if your stop loss kicks in. It doesn't mean buy $100 worth of a stock. If you make 5 times your risk, that's five hundred bucks. Worth it, even in a small account.
    19K
  • user avatar
    Preppy Trader
    @preppytrader
    Aug 10, 2023
    You have got to start thinking bigger. Yes, do the quick swing trade. Great. But don't forget that True Market Leaders are game changing companies that go from $2 to $200 very quickly. $IONQ could be one of those stocks. Think big!
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    2.1K

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