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Getting Unstuck

The Hidden Cost of “Waiting to Get Back to Even” A lot of traders think avoiding losses is the same thing as managing risk. It’s not. There’s a subtle shift that happens when a trade goes red and you decide to “just wait it out.” The goal quietly changes—from making a good trade… to simply getting back to even. That shift is where the edge disappears. Because now the question isn’t: “Is this still a good setup?” It becomes: “Can this eventually come back?” And those are two very different standards. The Math of Recovery The deeper the hole you dig, the harder it is to climb out. This isn't just a mindset issue; it's a mathematical reality. Loss of Capital Gain Needed to Break Even 10% 11% 20% 25% 30% 43% 50% 100% 90% 900% ...
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Testing the waters?

Wild Swing Trades — May 2026 — Beginner Edition Slower Trades, Smarter Moves The experienced trader's filter: which setups from this week's watchlist a beginner can actually learn from — without getting destroyed. Not financial advice. All trading involves significant risk of loss. Use stop losses on every trade, every time. Best beginner setups this week SLV Silver ETF — The Patient Trade Best for beginners Key Support $77.00 Upside Target $85.00 (~10%) Stop Loss Daily close below $72 Pattern Falling wedge breakout Silver moves slowly — you have hours and days, not seconds, to react. The setup is crystal clear: no earnings binary, no CEO tweet, no FDA ruling. Wait for a daily candle close above the wedge's upper trendline before entering. Don't buy a level — buy a reaction to a level. Wedge breakouts you wait to confirm have much higher w...
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I May Have Missed A Few

The Missing Links: May 4-8 Alpha Update Supplemental analysis for Wild Swing Trades readers. 1. High-Impact Earnings (The "Big Three") While index levels are key, these individual tickers have massive binary events this week. Manage your risk accordingly. Ticker Timing Catalyst Strategy PRU May 5 (After Close) Q1 Earnings Watch for Gap Fill / Volatility expansion IREN May 7 (After Close) Q3 Earnings GPU Cluster / AI Pivot update (52% Upside potential) WULF May 8 (Pre-Market) ...
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May the Odds Forever Be In Your Favor

Strategic Market Levels & Trade Setups Market Context: Early May 2026 Disclaimer: Not financial advice. Trading involves significant risk. These breakdowns are illustrative, based on technical levels (EMA, VWAP, Fibonacci) as of May 2026. 1. Market Indices (Intraday Focus) Primary focus on 9/20 EMA support and VWAP pullbacks for high-probability trend following. Asset Price Entry Strategy Targets Likelihood SPY Chart ↗ ~720 VWAP or 9/20 EMA support (~710-715) or Golden Zone Fib. 724, 729, 735+ High QQQ Chart ↗ ~674 EMA/VWAP pullback (~660-668) or breakout above recent highs. 676, 681, 690+ High 2. Big Tech / Momentum Stocks Expanding on key leaders. Note: Use Volume Profile to confirm entries. Ticker Price ...
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Upping Your Game

Building an Elite Trading Mindset: Must-Read Books Building an Elite Trading Mindset: Must-Read Books For developing a high-level approach to markets, the best books combine technical precision with the psychological rigor needed to manage risk under pressure. Here’s a curated Elite Trading Library for serious traders in the North Texas area. The Core Reading List 1. Mind Over Markets by James Dalton Fundamental text on Market Profile. Teaches you to view the market as a continuous auction — identifying value areas and rejection. Availability: Available via Garland (Libby); check Mesquite for physical. 2. The Mental Game of Trading by Jared Tendler Treats trading psychology like a technical system. Helps fix FOMO, revenge trading, and tilt. Availability: High demand — check Rowlett (CloudLibrary) or request via TexShare. 3. The Man Who Solved the Market by Gregory Zuckerman Story of Jim Simons...
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What Would Joel Do?

Understanding Joel Harrison’s Trading Style (Made Simple for Beginners) Joel Harrison is known for combining two popular trading approaches: ICT (Inner Circle Trader) concepts — which focus on how big institutional traders move the market — and the Ichimoku Cloud , a Japanese charting tool that helps show the overall trend at a glance. His style (often called “WWJD” or “What Would Joel Do”) looks for high-probability setups by combining smart-money ideas with clear trend confirmation. Here’s everything explained in plain, easy-to-understand language: Joel’s Step-by-Step Trading Checklist 1. Is the Price “Cheap” or “Expensive”? (Premium vs Discount Zones) Joel always checks whether the current price is in a relatively cheap zone (good area for buying) or an expensive zone (good area for selling). He typically uses the 50% midpoint (equilibrium level) of the recent price range as his main reference. Below the m...
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Silver Volatility

Audio Version ▶ Play Audio Stop Silver Isn’t a Straight Line: Trading the SLV Falling Wedge Without Getting Trapped There’s a strong case to be made for silver over the long run. It’s a finite resource, a cornerstone of monetary history, and a vital component in modern industry. When inflation or uncertainty enters the room, silver usually follows. Because of that, many traders carry a built-in mantra: “Silver isn’t going down long-term.” That belief isn’t necessarily wrong—but it can be dangerous if you don’t separate conviction from price action . The Current Setup: A Falling Wedge? Looking at SLV (the iShares Silver Trust ETF), price action has been compressing into a falling wedge —a pattern where price makes lower highs and lower lows within a tightening range. In technical analysis, this pattern is often a precursor to a bullish breakout . But here’s the caveat: patterns are probabilities, not guarantees. ...
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