Hello everybody ☀️My name is Kira. I am currently living in Portugal where I enjoy the sun, beach and delicious food and I work remotely from home. I have just joined this community and am super happy to find a place where I can learn about trading. Actually it’s because I’ve started trading futures 10 days ago because of a friend who has been doing it. It’s exciting and I was thinking…. I don’t just want to follow signals of other people, I want to understand all that is behind those decisions 😁🫣 For me this means that I have to start with the basics, just like Tyler did. My plan is to take enough time to learn things before I become a real (great) trader. 2 years seems long but I’m sure they will fly by quickly ! And I think I found the right path with this course and all of you👍🏼 Have a great weekend 😘 Anybody else starting this week? Knowing nothing about trading? 😵‍💫🤣

I put on my first paper trade and wanted to share the analysis with the group. I have outlined the analysis in a video you can watch here in the Trading Strategy Course under The Great Mattsby section. I will link the video to this post as well. In the video I explain the analysis behind the trade. I entered PLTR at 36.84 and exited at $40.35 a few days later. A couple considerations about this trade: - This is not a day trading strategy as mentioned previously. However understanding market symmetry seems like a great skill to acquire and that is what this strategy entails. - I am a beginner, therefore this is NOT going to be great analysis. I'm still very much learning how to use various indicators and tools for this strategy. My analysis could certainly be wrong and not precise. - I exited the trade without clear indications that the stock was not going to continue to go higher. With this strategy selling at resistance is important, however I may have exited too early. - This is not financial advice. I would encourage you to take action and actually make some paper trades if you haven't. Making trades like this and trying to explain the analysis and thoughts behind the trade has been very helpful in my overall understanding. You obviously don't need to post videos to the group about your trades (you can if you wish), however you might find sharing / discussing your trades to be helpful. It's so easy to watch other people analyze and trade stocks. They make it look so easy. But like anything you need to practice and fail to get better. So would encourage you to start making some paper trades and share them with the group if you wish. * I hope to create a module specifically about Gann Theory in the near future and will add it to the Technical Analysis Course*

Today marks the start of Season 2 of the podcast and I hope to upload an episode every week (no guarantees with my busy personal schedule ahead). As I posted a few weeks ago in the group, I've started to study a few trading strategies. However today the podcast started up again so wanted to share some links if you're interested: You can listen to the episode here: https://www.buzzsprout.com/2289984/15556893 The Classroom has a course now called Trading Strategy. I plan on uploading modules on my progress with learning various strategies. Overtime perhaps it will be a good resource which can highlight various strategies that beginners might want to pursue.

It worked out the same way today. As shown in the chart below, the S&P500 gapped up @9:30ET, bounced back to support area, and then followed an uptrend. This simple set-up may not work for every situation or strategy, but I believe it works in most cases.

I recently read a book by Matthew Kratter in which he details a strategy he has used over the years for day trading. This is explained in detail in his book, but to summarize, you look for stocks that are gapping up on good news and wait a few minutes after the market opens for the best entry... The S&P500 gapped up this morning, so I tracked it for some hours and was able to see it really works (shown below). Even though it isn't a huge uptrend, it could produce good profits depending on your entry and exit point.