[SMALL CAP SCALPING] I've been chipping away towards this #win since I started live trading back in early September. Today marks my first official drawdown recovery, as I just crossed over my original starting balance. I've increased my base position size to 40 shares over the last ~3 weeks and basically using 100% of my buying power every day (cash account). I've been working on being more patient with my entries and disciplined on managing my risk. I'm getting acclimated to bigger cumulative losses with the larger position size, but also seeing bigger wins. For the first 1.5 months of my trading career, I had a ~55% accuracy, but my losers were bigger than my winners. I still slip up (I am human after all), but I'm seeing overall improvements and cautiously growing confidence in my strategy. While this was my first drawdown, I also know it won't be my last. Every day is a new day and another opportunity to learn. 🥳

Are you tired of watching your trading swayed by the rollercoaster of your emotions? Do you find yourself making impulsive trades after a bad day or missing out on opportunities because of fear or greed? If this sounds familiar, you should be at our live workshop this Thursday at 6pm EST. Here's why you can't afford to miss it: 1. If you don't control your emotions, your account won't grow indefinitely. 2. If you want to trade for the long haul, you're going to need to avoid burnout. 3. If you want to control your financial destiny, it starts with emotional control. What we will cover in this workshop: - Insight into emotional triggers - Techniques for emotional control - Building Discipline If you want to be empowered to control your own destiny and find consistency, you should be there! The most significant battle of your profitability journey is with yourself. So, when you learn to control your emotions, you wont' just become a better trader, you'll become a better version of yourself. See you Thursday! ✌️- Derek 🎁 P.S. Everyone who attends will receive a free gift! Comment, "I'm coming" below if you plan to be there!

Hey Trash Panda Traders! Let’s build a strong community by sharing our daily trade recaps. What did you trade today? What strategies worked, and what didn’t? Let’s learn from each other and refine our skills together! Drop your charts, insights, and any lessons learned in the comments. 💹🔥

Hey everyone! Brainstorming ways to make this community EXACTLY what you are looking for. If you wouldn't mind taking a second and letting me know in general what account size you're working with so I know the best type of content to put out for you. Where are you at in regards to this poll and where you want to be with your market strategies?

The Markets: - SPY continue to get all time highs and continue the uptrend. The gap up after the election was a pretty strong move. Remember, the amount of time it takes for a gap to fill (or not) will give you a good indication of how strong the market it is. If this gap doesn't start to close by end of day Monday, I like the chances of continued upward momentum. Hard not to be bullish when you look at the chart. - QQQ finally hit the new all time high I was saying it wanted sooner rather than later. Chart looks like a similar story to SPY at the moment with a couple of gaps. Watch how price reacts to them over the next couple of days for a hint on how strong this move really is. Economic Data: - Bond markets are closed for Veteran's Day on Monday. Keep an eye on volume as you trade this holiday. - Lots of Fed Speakers this week so if you notice some random mid-day volatility that would most likely be the explanation. - Tuesday- Fed's Waller at 10am EST, Barkin at 10:15am - Wednesday - CPI in the premarket could provide some important price levels for the day to watch for potential support/resistance or trend days to set up. Fed's Williams at 9:30am, Logan at 9:45am, Musalem at 1pm, Schmid at 1:30pm. - Thursday - Jobs data and PPI in the premarket will provide the levels of the day to watch. Fed's Powell speaking an hour before close. I'll most likely try to be out of the market by then. - Friday - Fed's Williams at 1:15pm. Earnings Reactions to Watch: - Tuesday - PLUG, HTZ, MARA, RKT, RKLB - Wednesday - NU Sectors of Note: - XBI (Biotechs) on day 6 above the 5 SMA. A close above tomorrow makes day 7. - XLY (Consumer Discretionary Sector) on day 6 above the 5 SMA. A close above tomorrow makes day 7.