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Owned by Erin

SHARKTRENDS

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North Star Day Trading

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15 contributions to North Star Day Trading
From my personal data...
Here is a bar chart illustrating my best and worst times to trade, Top 5 Most Profitable Times (in green) and the Top 5 Least Profitable Times (in red). Each bar represents the total profit for the corresponding time of day. - Activate: 9:30 AM to 10:45 AM - Deactivate: Outside of these hours. - So based on my best and worst times i should only be trading during these hours. - If I fail to stay within my own rules, I will be adding risk to my strategy based on true DATA. - I guess I should stop trading after 10:45am and do other things. Shark🩈
From my personal data...
1 like ‱ Dec '24
Now looking back I can see that this is 100% true.
2 likes ‱ Apr 3
Its really good to keep note on ourselves for sure!
Lasting Wins Require a Lifestyle đŸ’čđŸ”„
Early Wins Come Easy, Lasting Wins Require a Lifestyle đŸ’čđŸ”„ In trading, those early wins can feel magical. You hit a few good trades, the account grows, and it feels like you're unstoppable. 🎯 But here's the truth: early wins are the spark, not the fire. Lasting success in trading isn’t about luck—it’s about building a lifestyle. đŸš« Just because you don’t see immediate progress doesn’t mean you’re not growing.Every chart you analyze, every strategy you test, every loss you learn from—these are deposits into your trading future. 💡 Think about it: MOST likely.... - 📉 You’re not going to double your account every time you enter a trade. - 📖 You’re not going to master every concept the first time you study it. - 📈 And you won’t see instant results every time you tweak your system. But
 those small, invisible steps add up. That quiet discipline of sticking to your plan, even when the markets are tough, is where the real growth happens. đŸ’Ș The lifestyle of a trader is about showing up. It’s about treating this as a profession, not a quick hustle. It's about loving the process—reviewing trades, journaling mistakes, and always looking for that 1% improvement. Consistency beats intensity. A single winning trade won’t make you a pro, just like one gym session won’t get you ripped. But a consistent routine of smart decisions and disciplined action? That’s how traders transform. So here’s the challenge:👉 Make trading a lifestyle.👉 Embrace the grind.👉 Celebrate the progress no one else can see. Because the rewards? They’re worth it. 🏆 You’re not just chasing profits—you’re becoming the kind of trader who creates them. 🌟 The market rewards patience and discipline. Be the trader who shows up every day, ready to learn, adapt, and grow. Your future self will thank you. 🙌 ~Erin Shark🩈
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Lasting Wins Require a Lifestyle đŸ’čđŸ”„
MicroStrategy: A Potential NASDAQ Inclusion Story
MicroStrategy: A Potential NASDAQ Inclusion Story Hi everyone! Believe it or not, not based on my personal opinion, but because of an interesting article I came across. I wanted to share this with you, MicroStrategy's NASDAQ Prospects For context, MicroStrategy (MSTR), publicly traded on the NASDAQ, has seen a wild run in 2024. Its stock surged from lows of $13 to highs of $543, followed by retracements to $100 and a breakout above $200. Recently, it has found support around $350 per share, with a common resistance near $400. The big news? Analysts are speculating that MicroStrategy could be included in the NASDAQ 100 Index, which could trigger a $2.1 billion ETF buying spree. If included, MicroStrategy would become the 40th-largest holding in the index, with an estimated 0.47% weight. Why This Matters The NASDAQ 100 is a basket of the 100 most valuable publicly traded companies, similar to the S&P 500. Inclusion in such a prestigious index increases exposure and potential investor demand. - Announcement Date: An official announcement is expected on December 13th, with implementation the following week. - As of now, momentum is clearly in MicroStrategy’s favor. If Bitcoin remains strong around $100,000, it should support MicroStrategy. However, a significant Bitcoin drop below $90,000 could hurt its valuation. Broader Context and Comparisons For reference, SMCI is another company that faced hype, but its trajectory has been quite different. After hitting highs of $120, SMCI entered a strong descending pattern due to accounting issues and investigations. While it’s easy to draw parallels between MicroStrategy and SMCI, it’s essential to watch for unique factors like Bitcoin's influence on MSTR. Key Takeaways for Investors - If you’re bullish on MicroStrategy, take profits at overbought levels. - Remember, Bitcoin's historical corrections often exceed 50%. A similar pullback could drastically affect MicroStrategy. For those holding since lower levels like $150 or $200 per share, congratulations! Just ensure you’re setting your future self-up for success by locking in profits when appropriate.
MicroStrategy: A Potential NASDAQ Inclusion Story
Outperform the Market: A Day Trader's Blueprint đŸ’č💡
Outperform the Market: A Day Trader's Blueprint đŸ’č💡 Let’s take the high-energy principles of success and apply them directly to day trading. Ready to elevate your game? Let’s dive in! đŸ”„đŸ“ˆ 1. Know the Markets Inside-Out 🧠📊 - Become the best at reading charts, trends, and economic indicators. - Master your trading strategy until it’s second nature. Knowledge is your edge! 2. Identify Your Weaknesses đŸ”đŸ› ïž - Review your trades—wins and losses. Where are the "leaks" in your strategy? - Ask yourself: "If I were the market, how would I outsmart my own trades?" - Fix what’s not working and tighten your approach. 3. Create a Winning Experience 🎯🙌 - Trading isn’t just about numbers—it’s about your mindset and discipline. - Make your trading process smooth, consistent, and enjoyable. - Build a system that you trust and can stick to, even under pressure. 4. Outwork and Outlearn the Competition 📚đŸ’Ș - Study harder, prepare better, and track your performance. - Stay ahead by knowing the news, mastering your tools, and refining your entries/exits. - Treat every trade like a lesson and aim to improve each day. 5. Professional vs. Amateur Mindset đŸ†đŸ‘šâ€đŸ’» - Amateurs trade for excitement; professionals trade for results. - Commit fully—plan your trades, manage your risk, and respect the process. - Make trading your craft, not a side hustle. 6. Build a Supportive Culture đŸ€đŸŒŸ - Surround yourself with a trading community that challenges and supports you. - Share knowledge, celebrate wins, and learn from each other’s losses. - A strong network keeps you motivated and accountable. 7. Consistency is King 👑🔄 - Review your routine: Are you consistent in preparation, execution, and journaling? - Eliminate weak habits that don’t serve your goals. - Lead yourself with discipline—your account will thank you! 8. Always Keep Improving 🚀📈 - Move from good to great by honing your strategy and adapting to the markets. - Stay curious, invest in learning, and embrace innovation. - Progress isn’t optional—it’s essential for staying ahead.
Outperform the Market: A Day Trader's Blueprint đŸ’č💡
3 likes ‱ Dec '24
Get the most out of your trading day by staying focused by taking notes on yourself, learning what makes you tick, can be the best self-help you can get.
2 likes ‱ Dec '24
@Eric Sandquist Thanks :)
What’s Really Holding You Back? đŸ•Šïž
What’s Really Holding You Back? đŸ•Šïž As traders, we all have moments where we look at the charts 📊, stare at the lines we’ve drawn, and wonder why success feels so far away. Is it the market that’s against us? Or is it something deeper? Take a breath. Let’s go deeper. The question isn’t about how much screen time you’re putting in or how many indicators you’ve memorized. The real question is what’s holding you back? Maybe it’s the weight of financial pressure 💰. You might feel like you’re constantly trading with a sense of urgency, hoping that one good trade will turn it all around. But here’s the truth: desperation clouds judgment. It forces rushed decisions and shaky hands on the mouse. If money is tight, it’s not the market that’s betraying you—it’s the foundation you’re standing on. Or perhaps it’s family đŸ‘šâ€đŸ‘©â€đŸ‘§â€đŸ‘Š. The ones we love the most sometimes don’t understand this path we’ve chosen. They question why you spend so much time glued to your screen, why the returns aren’t immediate, why you seem distant. Their words may come from a place of love, but they cut like knives. It can feel lonely to walk a road where no one claps for you until you “make it.” And then there’s self-doubt. That quiet voice in the back of your mind that whispers, “What if I’m not good enough?” What if every stop-loss is a sign that this dream isn’t for me? What if I’m just chasing something I’ll never catch? That voice feeds on every failure, amplifies every mistake, and drowns out every small victory. Could it be fear? Not fear of losing money—that’s almost inevitable in this game—but fear of becoming someone new. Trading forces you to confront parts of yourself that you’ve buried deep: impatience, greed, anxiety, lack of discipline. Change is hard. Growth is painful. Staying the same feels safer, even if it means staying stuck. Maybe it’s excuses 🌀. “I don’t have enough time.” “The markets are too volatile.” “I need a better strategy.” The truth is, these are masks for something deeper: fear of commitment. Because if you truly gave it your all and still failed, what then?
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What’s Really Holding You Back? đŸ•Šïž
1-10 of 15
Erin Turner
3
35points to level up
Trader, Investor, entrepreneur, growing together.

Active 4d ago
Joined Dec 1, 2024
West Coast, Oregon
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