Tomorrow we have a very special MWSS, not only is it the 2nd birthday of MWSS but Nate will also be joining us. We’ll cover a lot! If you have any questions, please use the comments section below and if they’re good, I’ll ask them. Try to be as specific as possible, mention the date and the trade etc (ideally a chart Nate has shared – InvestorsUnderground Image/Media Login) if you want a specific answers.
MWSS @ 430, link in the room.
Quiet scan with AH meh so far.
$BOF top watch at the moment, unfortunately weak in AH. More on this tomorrow
$AUUD possible quiet fader
question, who is faster over 50m Nate, Sam or Taco?
is it a natural or enhanced taco?
Do you have any comments or recommendations for improving multitasking and managing multiple positions simultaneously? For example, when I’m focused on trading options, I often miss out on the equities and opportunities I had prepared for.
SMCI 8/28/24 10k Delay: In a scenario where you could not get a position short until after the market open, is there an area where you would join the trend or sit out? I know there may be a lot of factors like conviction, play style, etc., but I’m curious about how to join in on-trend without feeling “it’s too late.” I believe there were areas to join within the first 10-15 mins of market open, but hindsight is 20/20.
Nate — can you please address “sizing” and how to go about it. Have gone through your Tandem Tickers. By sizing down, I am able to manage the trade better – but not worth the time. But when I size up, lots of paper cuts — perhaps, I not choosing the entries correctly. No doubt identify backside is the key and all your warnings in IU are are great help for beginners like me. Please kindly spend time on this. Stan also has been doing wonderful job in the mid-day sessions and helping address these questions.
Can Nate elaborate on how/what he sees regarding a ‘sentiment shift’ – maybe compare with ‘key level’.