Recently, I have violated the trading rules multiple times, even though I clearly knew it was a mistake.
The market doesn't care who you are, you will pay the price for your own actions.
The account experienced its largest drawdown in history👇
Reduce/Clear positions:
$Sarepta Therapeutics (SRPT.US)$ Added on Monday when it broke through (-0.5%), but failed to maintain the breakout on the same day. Got stopped out on Tuesday after it fell below the stop loss, tried to remedy once but got stopped out again.
$Rocket (RKT.US)$ On Monday and Wednesday, I reduced the position twice, each time by 1/6. The reaction after the financial report was good, and it is currently the best-performing position this week.
$Palo Alto Networks (PANW.US)$ On Tuesday, it closed below the 50MA (-0.13%) and exited according to plan.
添加：
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Bought in during the turning point of VIX on Tuesday, and actually gained over 25% profit on Wednesday. I was too greedy and didn't make any reductions, thinking I could rest easy with around 20% profit. I didn't set a stop loss after the market opened and went to sleep. When I woke up in the morning, I found that all the profit had disappeared and turned into losses. I retaliated by adding positions after market close... (Does this sound familiar? This is a common mistake that most traders make: spreading failure...

$Warrior Met Coal (HCC.US)$ Need the RS line (blue in the main chart) to break through the previous high (currently a significant gap)
$Oscar Health (OSCR.US)$Price needs to be further compressed to reduce risk ratio
$Constellation Energy (CEG.US)$In terms of chart patterns, everything looks good at the moment
$Applovin (APP.US)$ Need a closer correlation between prices, when breaking through, RS and prices should be synchronized
$Micron Technology (MU.US)$ Currently, the chart pattern is only halfway complete, more consolidation is still needed
$NVIDIA (NVDA.US)$ Starting from March 8th, excluding small distribution days, there are currently 5 large distribution days. The fundamentals are almost unbeatable, but it still needs a long time to consolidate.
$Viking Therapeutics (VKTX.US)$ Need to see a closer chart. Currently, RS is already leading price (a good sign). It is difficult to find a low-risk entry point within a range (stop loss). It's worth waiting for an opportunity to try.
$Dell Technologies (DELL.US)$ The RS line is currently good, but it needs a closer chart.
$Vertiv Holdings (VRT.US)$ The financial risk has already passed, with the RS line leading by a wide margin, it needs some time to digest the overextended 50MA...

Last week's review 👉🏻Market Review + Core Position Analysis (15/04-19/04 1024)
"To win in an environment where everyone has the same goal, you must do what most investors are unwilling or unable to do consciously or unconsciously." -Mark.Minervini
Quick review of the market this week:
$NASDAQ 100 Index (.NDX.US)$ Distribute on Wednesday, accumulate funds on Thursday;
$S&P 500 Index (.SPX.US)$ Diverge on Wednesday, accumulate funds on Thursday;
$Dow Jones Industrial Average (.DJI.US)$ Diverge on Wednesday and Thursday.
NDX>SPX>DJI
The SPX failed to trigger the Follow Through Day (FTD) on Friday, the entire market is near the dense volume overhead zone. It has completed one leg so far. I like to imagine the market correction period as the time to refuel a car. The volume is the required gasoline. We have already added a little fuel, but it is not enough to complete the next wave of trend movement. If we forcibly drive, the probability of accidents along the way is very high. I will continue to patiently wait for it to refuel and be fully prepared.
Weekly charts of NDX and SPX:
The dense financial reports this week supported the trading volume. Next week's financial reports are equally dense, and the trading volume will not be low. Keep watching the market for free, trying to extract more information from the cards provided by the market, helping to establish clear action signals in advance.
The market...

Thursday and Friday are practically collective actions👇
Here are some eye-catching charts within the industry:
$Sweetgreen (SG.US)$ 👇
$CAVA Group (CAVA.US)$ 👇
$Wingstop (WING.US)$ 👇
$Shake Shack (SHAK.US)$ 👇
$Texas Roadhouse (TXRH.US)$ 👇
No need to chase, patiently wait for a low-risk entry opportunity 🚴🏻

Review of last week 👉🏻Market Review + Core Position Analysis (08/04-12/04 2024)
"In the stock market, you can stand outside for free, observe, and wait for the best betting opportunity. Before betting, you can see the market's 'bottom line' for free." - Mark. Minervini
Quick review of the market this week:
$NASDAQ 100 Index (.NDX.US)$ Distributed on Wednesday and Friday;
$S&P 500 Index (.SPX.US)$ Distributed on Tuesday and Friday;
$Dow Jones Industrial Average (.DJI.US)$ Accumulating funds on Friday.
DJI is greater than SPX, which is greater than NDX.
After the market cut the 'sky pool' on Monday, it went straight down. During this time, some of the people in the pool became part of the selling force due to emotional factors. Although the market is currently oversold in the short term and there is a possibility of a rapid rebound in the short term, we still cannot ignore the potential selling pressure from nearly two months of trading volume. I never cleverly look for so-called resistance levels. Each bottom is jointly determined by all market participants. At that time, the market may give a clear signal again, like the 'O'Neil rule' on November 2 last year. Patience is necessary, and at the same time, be prepared for the potential next wave of upward momentum. When it comes, there will be infinite opportunities.
Weekly charts of NDX and SPX:
From the weekly charts, it can be seen that both NDX and SPX have been in a consolidation phase recently. The NDX has been trading in a range between 14,000 and 14,500, while the SPX has been consolidating around the 4,100 level. The price actions suggest uncertainty in the market as it searches for direction. Traders should monitor the breakouts or breakdowns from these consolidation ranges for potential trading opportunities.