Make the Market’s Mess into Your Success
07/24/2024
Hey Trader,
I thought this dip was an overreaction, but it's not. The QQQ broke volume support, and it's going to feel like a "free fall."
We have another 10 points to drop here.
I knew the market was changing when bullish charts started to break down.
AMD and TSLA were set to break out, and both of them failed.
That's when you know the bulls are exhausted. BTW, we were in AMD calls, and it sucks to lose, but it sucks even more to be stubborn and not be on the right side of the market, so…
Now we are on the right side of the market. We figured out this shock quickly and shorted F and IWM. Now we’re going further by shorting the QQQs.
I don't get upset when a trade loses. When you're mad at yourself, you're less likely to make the same mistake again. Don't be mad at yourself for losing. Be mad at yourself for making repeated mistakes.
If you trade with me, you’ll break that bad habit because the Volume Profile always leads us in the right direction.
My private equity history has also shifted into gear. (Did you know that's where I started in this business? I’ll share that story later!)
So, we need to focus on special stocks like ASTS and WULF. Just watch; these will thrive while the market is falling apart.
Always be closing,
Olivia Voz
