The Mind of a Day Trader

  Since we're in this enviornment, and today it's VLCN, there's a few very simple rules to understand. Most of them, now ingrained in my brain not from someone telling me or warning me, but by stepping in front of absolute freight trains and blowing up in the past.  This applies to long side or short side, whichever you prefer, but especially the short side. These are NOTHING to fight with. Ever. Most will die, but you're gonna run into one eventually that doesn't stop in the 20s or 30s, it's gonna go to 50. Or 80. Or worse. It will happen. So when you're here, the only word you need to remember and focus on...is papercut . It's your best friend. It's the only way to be safe. You've gotta be okay with being wrong, likely multiple times when you get the real crazy one, before you're right. The downside of the real crazy ones? More papercuts. The upside of the real crazy ones? The "really right" last time, is really, really fucking ri...

Giant smile on my face when I woke up to this thing today. First thing I'll mention, is something I said in the last post, about why I stopped everyday trading a few years ago, about not being "plugged in" to what's going on. If I just sat down today after not being here for a week or a month and saw this thing, I would have had a general idea, but not confidently known what to do with it. Point being, we're seeing one of these every day lately it feels like. A sub 1M float complete and utter shitbox just absolutely skyrocketing to the moon for no reason whatsoever. And they're beautiful ending in total destruction, as they should.  I was up early this morning, it was just before 5am. Scanners, empty. DAS Top List, empty. Just this one name NUWE, already traded 1-2 million shares by 5am, I check under the hood, garbage, 500K float if that, great. Nothin else going on. Not many people even awake yet. And it's the literal only thing to chase once they do wak...

Alright. We're back! I hope everybody has been profitable and well. I’ve never stopped trading, just picking my spots few and far between when time allowed in the background. Now finally in a position to jump back in with the community and be more present.  I realize I'm probably largely speaking to a new audience, a lot can change over 5 years. So if you're one of the OGs, you'll hear some familiar things. If you don't know me, nice to meet you, and I hope you find my ramblings helpful in some capacity.  Interacting with the trading community has always been one of my absolute favorite parts of the game. I learned so much this way when I first started out 15+ years ago, and I have always made it a point to try and bring that full circle and offer any input I could to those early in their journeys, and the whole reason I started this blog to begin with many years ago. So I'm very excited to get back to that, and my DMs are always open @DGTrading101 on Twitter. X...