Unlocking a Decade of Trading Knowledge
Insights. Reflections. Actionable Ideas.
The Expanding AI Ecosystem: Beyond Chips and Into Every Corner of Industry
From next-gen semiconductors and sustainable energy to advanced analytics and secure infrastructure, here’s how AI is reshaping multiple sectors—and the companies poised to lead the charge.
From next-gen semiconductors and sustainable energy to advanced analytics and secure infrastructure, here’s how AI is reshaping multiple sectors—and the companies poised to lead the charge.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
When you really look at where AI is headed, it’s not just about chips and GPUs anymore—it’s this massive web of interlocking pieces. Sure, we started with the chip companies like NVIDIA, because you need top-notch GPUs to train those giant language models everyone’s talking about. But as AI keeps pushing forward, you’ve got to think about the bigger picture: what’s keeping these systems powered, organized, secure, and actually useful in real-world scenarios?
For instance, the energy side of it all is getting huge. These data centers are already blowing past old energy consumption levels, and it’s only going to get crazier as models get more complex. That’s why we’re seeing talk about advanced nuclear options or carbon-free renewables—basically, new ways to supply steady, clean energy so these AI operations don’t fizzle out or rack up insane costs. If these partnerships pan out, we might soon be looking at nuclear and renewable energy companies as major players in this AI ecosystem, not just background noise.
Then you’ve got the software layer. Once you have the hardware and energy locked down, you need to actually manage the data. We’re talking about tools that wrangle enormous datasets, refine them, and help improve the quality and reliability of what AI models learn. This area might explode with companies building specialized platforms for data orchestration, model tuning, or even quality control—basically “AI plumbing” that keeps everything flowing smoothly behind the scenes.
Cybersecurity is another angle you can’t ignore. With AI making so many decisions and handling so much sensitive info, you’ve got to keep it locked down. That means we’re going to see more advanced, AI-driven security solutions that protect these pipelines from being tampered with or misused. The firms that can stay ahead of the curve here might become just as important as the chipmakers were early on.
Finally, we have the actual applications. It’s not just about building the biggest model or having the fastest chip—it’s about integrating AI into everyday tools in a way that actually makes a difference. Productivity suites, design tools, customer management software—anything that helps you get more done, more easily. The companies that seamlessly weave AI into our daily workflows could end up being the real winners, because they’re the ones turning all that computing horsepower into something people genuinely value.
In the end, the whole AI economy is way bigger than just one layer. It’s not just the chips or the code; it’s the energy sources that keep the lights on, the software that keeps data in check, the security that keeps it all safe, and the applications that make it worth using. We had our first big wave around the hardware companies, but now we’re heading into a phase where every piece of the puzzle—from power generation and data management to cybersecurity and application software—has a shot at shaping the future of AI.
1. Chipmakers / Hardware Backbone:
• $NVDA (NVIDIA) – GPUs at the heart of AI training and inference
• $AVGO (Broadcom) – Semiconductors and connectivity gear essential for scaling AI
• $INTC (Intel) – Established chipmaker investing in next-gen AI processors
2. Nuclear / Advanced Energy Providers:
• $CEG (Constellation Energy) – Major nuclear operator providing stable, low-carbon power
• $SO (Southern Company) – Utility with nuclear assets, ensuring reliable energy sources
• $NEE (NextEra Energy) – Leader in renewables that could support greener AI data centers
3. AI Software & Infrastructure:
• $ORCL (Oracle) – Databases and cloud platforms evolving to serve AI workloads
• $CRM (Salesforce) – Integrating AI insights into enterprise customer relationships
• $WDAY (Workday) – Applying AI to HR, finance, and operational workflows
4. Cybersecurity (Protecting AI Pipelines):
• $PANW (Palo Alto Networks) – AI-powered threat detection and network security
• $CSCO (Cisco) – Embedding security features into networking gear, leveraging AI
• $IBM (IBM) – Using AI to anticipate and combat sophisticated cyber threats
5. Enterprise & Application Layer:
• $MSFT (Microsoft) – Infusing AI into productivity suites, cloud services, and beyond
• $ADBE (Adobe) – Integrating AI into creative software for faster, smarter content creation
• $NOW (ServiceNow) – Leveraging AI to streamline and automate business workflows
6. Healthcare & Pharma Innovation:
• $JNJ (Johnson & Johnson) – Applying AI for streamlined R&D, patient data analysis, and medical device advancements
• $PFE (Pfizer) – Leveraging AI to speed up drug discovery, optimize clinical trials, and improve patient outcomes
• $ABT (Abbott Laboratories) – Using AI in diagnostics and monitoring systems to enhance accuracy and efficiency
7. Agriculture & Food Supply Chains:
• $DE (Deere & Company) – Integrating AI into precision agriculture equipment for better crop management and resource allocation
• $ADM (Archer-Daniels-Midland) – Employing AI to optimize logistics, reduce waste, and improve supply chain forecasting in food production
8. Transportation & Logistics:
• $UPS (United Parcel Service) – Utilizing AI for route optimization, predictive delivery times, and more efficient package handling
• $FDX (FedEx) – Adopting AI to manage peak-demand capacity, streamline global logistics, and enhance supply chain visibility
9. Manufacturing & Robotics:
• $HON (Honeywell International) – Incorporating AI into industrial control systems and IoT devices to improve factory performance
• $ROK (Rockwell Automation) – Applying AI for predictive maintenance, quality control, and flexible production line adaptations
10. Finance & Insurance:
• $JPM (JPMorgan Chase) – Using AI-driven analytics for risk modeling, fraud detection, and personalized financial services
• $AON (Aon) – Integrating AI to refine risk assessments, inform policy pricing, and tailor insurance solutions
• $PGR (Progressive) – Harnessing AI for advanced underwriting, usage-based insurance, and dynamic policy adjustments
11. Media & Content Generation:
• $DIS (Walt Disney) – Using AI to enhance content creation, streamline editing, and analyze audience preferences
• $NFLX (Netflix) – Employing AI to improve recommendation engines, localize content, and potentially aid in content development
12. Telecom & Infrastructure:
• $VZ (Verizon) – Leveraging AI to optimize network performance, predict maintenance needs, and allocate bandwidth more efficiently
• $T (AT&T) – Integrating AI in customer service, network management, and to improve overall connectivity experiences
• $CCI (Crown Castle) – Adopting AI to guide site selection, enhance infrastructure maintenance, and manage telecom assets effectively
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Power of Belief in the Unknown
We all have an innate desire to know what lies ahead. Certainty feels safe—it’s the comfort zone our minds cling to. But the reality is, in the most pivotal moments of life, certainty isn’t an option. It’s in those moments, standing at the edge of the unknown, that belief becomes our most powerful tool.
We crave certainty, but real growth lives in the unknown. Belief is the bridge we cross when knowledge falls short.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
We all crave certainty. It’s comfortable, safe, and predictable. The mind finds solace in knowing the outcome before taking the leap. But life, trading, entrepreneurship—these fields don’t play by the rules of certainty. They exist in the realm of the unknown, where only those who embrace it find growth and success.
A quote that recently struck a chord with me is this:
“You can only believe in what you don’t know.”
Belief vs. Knowledge
Knowledge is powerful, but belief is transformative. Knowledge tells you the path exists. Belief pushes you to walk it. It’s the secret sauce of every innovator, trader, and creator who dares to challenge the norm.
When you enter a trade without absolute certainty of its outcome, what do you rely on? Your analysis, your experience, and ultimately, your belief in your strategy. That belief bridges the gap between preparation and execution. It carries you when the outcome is anything but guaranteed.
Why Belief Matters More Than You Think
In trading, many chase the illusion of perfect knowledge—trying to eliminate all risks, seeking the one formula that will guarantee success. But here’s the truth: perfect knowledge doesn’t exist. Markets change, conditions shift, and certainty becomes an illusion.
Yet, it’s not just trading where this applies. Every new venture, every first step into the unknown, requires belief. Whether you’re launching a new business, creating content, or investing in yourself, belief is what pushes you past analysis paralysis and fear of failure. It’s what keeps you moving when logic tells you to stop.
Embracing the Unknown
Most people resist the unknown. They view it as a dark void, filled with risk and potential failure. But the truth is, that’s where life happens. Growth doesn’t come from standing still; it comes from taking the leap.
When you’re faced with a choice, and you don’t know the outcome, remember: “You can only believe in what you don’t know.” If you already knew it, there would be no space for belief. There would be no leap.
In trading, in life, in every pursuit that requires you to stretch beyond your comfort zone, remember that belief is the bridge you cross when certainty isn’t an option. And it’s the only bridge that leads to discovery.
Action Steps for Today:
1. Identify one area of your life where you’re holding back because you crave certainty.
2. Ask yourself: If I had full belief in this, what action would I take?
3. Take one step forward, armed with belief, and embrace the unknown.
When you lean into belief, you step into the realm where growth, innovation, and true fulfillment thrive. So today, dare to believe in what you don’t know. That’s where the magic happens.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Biggest Secret in Trading That’s Hiding in Plain Sight: The Failed Breakdown
Most traders overlook one of the most powerful signals in the market—the failed breakdown. Here’s why this reversal pattern could be your key to unlocking big gains when others are panicking.
Most traders overlook one of the most powerful signals in the market—the failed breakdown. Here’s why this reversal pattern could be your key to unlocking big gains when others are panicking.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
A failed breakdown might just be the biggest “secret” in trading that isn’t really a secret. It’s the move that separates seasoned traders from the rest. Here’s how it plays out: the price drops below a critical support level, panic sets in, but instead of continuing lower, the market reverses sharply. Sellers get trapped, buyers step in, and suddenly momentum shifts. What follows is a squeeze that leaves shorts scrambling to cover, while savvy buyers ride the reversal for maximum gains.
On April 11, SPX gave us a textbook example. The price dipped below a key level that had been tested multiple times, setting up what looked like a breakdown. But instead of collapsing, the market flipped. Buyers took control, and the day ended with a rally into the close. When the bears can’t capitalize on a breakdown, it’s a strong signal that the market is building strength—and those who see it early get to play the move.
The thing is, this isn’t some hidden technique. It’s right there in front of everyone, but not everyone knows how to use it. Failed breakdowns are a massive opportunity. They show you when sellers lose control and the bulls take over. The key is recognizing it when others are panicking, positioning yourself for the reversal, and letting the market work in your favor. The biggest “secret” in trading? It’s not predicting every move—it’s spotting the moments when the market tells you exactly where it’s going next.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Only Trading Strategy You Need: “pdLOD Hold”
When it comes to trading, sometimes the simplest setups are the most effective. One of my go-to strategies is the pdLOD Hold (Previous Day Low of Day Hold). It’s reliable, easy to understand, and works well across different stocks and indices.
When it comes to trading, sometimes the simplest setups are the most effective. One of my go-to strategies is the pdLOD Hold (Previous Day Low of Day Hold). It’s reliable, easy to understand, and works well across different stocks and indices. Whether you’re new to trading or just looking for a consistent play, this setup is a solid way to build confidence and grow your account without getting caught up in complex strategies.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
What is it?
It’s straightforward. You’re looking for the price to hold at the previous day’s low (marked by the red line on my charts). Even better if it’s holding at the previous week’s or month’s low.
How to trade it?
Wait for the price to test and hold the previous day’s low or briefly dip below and recover (pdLOD). This is often called a “failed breakdown,” but we’ll keep it simple. It works for most stocks and indices, but you’ll see the best results when the stock had a strong day prior or has been in a range and the low of day is near the bottom of that range. The $META daily chart below shows such a setup.
A closer looks at $META
Wait for the price to test and hold the previous day’s low or briefly dip below and recover (pdLOD). This is often called a “failed breakdown,” but we’ll keep it simple. It works for most stocks and indices, but the best results happen when the stock had a strong day prior or has been trading in a range, with the low of the day near the bottom of that range. The $META daily chart below shows this exact setup.
You can see that $META has been trading in a range over the last 5–6 days. Attempts to break down have failed, and so have the breakouts. This is a perfect setup for a pdLOD bounce play.
10-Min Chart Breakdown
The image below shows a 10-minute chart, highlighting a few key things. The red line represents the previous day low (pdLOD), and the green line marks the previous day high (pdHOD). The low of day (LOD), open price (OP), and high of day (HOD) are marked in orange.
Not $META’s Day
On this particular day, $META didn’t show much relative strength compared to the overall market. It opened in the middle of the previous day’s trading range, making it uncertain which way it would go. After the open, $META quickly dropped towards the pdLOD. Buyers stepped in and pushed the price back up to test the pdHOD. For the first 30 minutes, $META tried to break higher, but sellers stepped in and drove the price lower again. Once more, the pdLOD saw a bounce as buyers stepped in, forming a double bottom. A break of the pdLOD would’ve been a crucial blow to the bulls, so holding above it was the first step in turning the day around.
There are three ways to enter a position:
1. Go long as the price tests or gets close to the pdLOD, with a stop 1 point below (this can be adjusted).
2. Wait for a clear hold and push higher, confirmed by strong price action, velocity, and volume.
3. Use the recovery of the OP as a signal to enter long for higher prices.
In this case, all three approaches would have worked, but it doesn’t always play out this cleanly. It’s important to stay flexible.
The last thing to note is this: the real momentum shift came when $META broke above the pdHOD (the green line). It’s similar to how shorts might sell below the previous low, but in reverse. Once the buyers pushed above, shorts started scrambling.
Having this type of price action awareness can help you catch these setups intraday. Understanding the concept will open your eyes to many opportunities.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Spike Base
The term 'spike' is derived from Market Profile and refers to a rapid upward or downward movement into the close, often observed in the last 30-45 minutes of the trading session (see image). This surge makes it nearly impossible for traders like us to discern whether the price has quickly deviated from what is considered fair value.
Although not a new concept, the Spike Base trade isn't something many people talk about. It's a concept I often revisit to understand price and value after a significant end-of-day move.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
What is it?
The term 'spike' is derived from Market Profile and refers to a rapid upward or downward movement into the close, often observed in the last 30-45 minutes of the trading session (see image). This surge makes it nearly impossible for traders like us to discern whether the price has quickly deviated from what is considered fair value.
How to Find the Spike Base
Finding the Spike Base is the easy part. It is identified as the low price before the price spiked into the close, often referred to as an end-of-day rally. Trading it, however, requires some skill. Here's how I approach it.
What Does the Open Price Tell Us?
Finding the Spike Base is the easy part. It is identified as the low price before the price spiked into the close, often referred to as an end-of-day rally. Trading it, however, requires some skill. Here's how I approach it.
Price Opens [ABOVE SPIKE]: If the price opens above the spike, I consider this bullish. It suggests that we haven't auctioned high enough to attract sellers, potentially leading to higher prices. We'll delve into a scenario where this was traded for a +233% return
later in this post.
Price Opens [WITHIN SPIKE]: An opening price within the spike indicates fair value to me, and I would expect two-way trading.
Price Opens [BELOW SPIKE]: If the price opens below the spike, this signals bearish sentiment and a clear rejection of the higher prices within the spike. This could lead to lower prices unless we find acceptance above the Spike Base.
How to trade The Spike Base?
Now, let's get to the crucial part: how to trade this. Understanding the concept is important, but I know this is the interesting part.
I mark and label the Spike Base on my charts as a reference point.
Observe where the price is opening: Above, Within, or Below. In our case, it opened within, which led us to be cautious, anticipating a possible test of the Spike Base pivot.
The Trade Idea was shared early with the group: JAN 10 $SPX 4770c on a 4731 B/T (Back Test), allowing ample time for the trade to unfold.
Monitor price action and its behavior around this base. Does it dip and rip? Does it base then move higher, or does it break with volume, thus invalidating this trade? A break with volume might suggest considering a short position, but that's a topic for another time.
My stop was set just under 4725, a significant level of resistance/now support. With a 6-point stop and the previous day's High of Day (pdHOD) as our target, approximately 35 points higher, this offers a very favorable risk-reward ratio.
Final Thoughts
There are many nuances to this strategy, and this outline is just how I've learned to trade it. My hope is that it can assist you in your trading career as much as it has in mine. While this isn't the only strategy in my playbook, it's one that, if traded correctly, can yield significant rewards.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
5 Steps To Accelerate Your Trading Trajectory
In order to achieve your goals efficiently and effectively, it's crucial to follow a structured approach. The following five steps provide a clear framework.
In order to achieve your goals efficiently and effectively, it's crucial to follow a structured approach. The following five steps provide a clear framework.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
Embrace the Basics: Start with foundational knowledge. Understand key concepts like market trends, candlestick patterns, and trading terminology.
Set a Learning Rhythm: Allocate dedicated time each day to study and practice. Consistency accelerates mastery.
Apply as You Learn: Use demo accounts to put theory into practice. Experience is the best teacher.
Engage with a Community: Join forums or groups where you can ask questions, share insights, and learn from others’ experiences.
Find a Mentor: Connect with someone who has walked the path before you. Their guidance can shortcut your learning process.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Blueprint for Consistent Profitability: Thrive as a Key Member of Your Trading Community
The ultimate member in a trading community doesn’t just follow; they immerse themselves in what the community offers. They take initiative, learn, and eventually establish their own voice. By doing so, they become valuable, independent, and consistently profitable traders. This mirrors my own journey.
The ultimate member in a trading community doesn’t just follow; they immerse themselves in what the community offers. They take initiative, learn, and eventually establish their own voice. By doing so, they become valuable, independent, and consistently profitable traders. This mirrors my own journey.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
I navigated through various trading communities, each with its own set of failures. Some didn’t support their members; others were outright scams (yup, I fell for it and lost money). However, I eventually found a community that resonated with me. It was professionally run, had a clear identity, and shared a philosophy similar to mine. Feeling comfortable, I started sharing ideas, helping members, and gradually established my authority.
Why Become an Ideal Member?
Becoming an ideal member of a trading community is more than just a goal; it’s a pathway to growth and success. When you immerse yourself in a community, you gain access to collective knowledge and diverse perspectives. This environment fosters continuous learning and personal development. By taking initiative and actively participating, you sharpen your skills and deepen your understanding. The act of teaching others and sharing your insights not only reinforces your knowledge but also builds your confidence and credibility. As you develop your unique voice and build connections, you establish a strong network that supports your journey. Ultimately, this comprehensive growth leads to consistent profitability and long-term success as a trader.
7 Steps on How You Can Become the Ideal Member
Immerse Yourself
Dive deep into the community. Engage with the content, participate in discussions, and take full advantage of the resources available. Your growth starts when you truly immerse yourself in the community.Take Initiative
Don’t wait for opportunities to come to you. Seek out knowledge, ask questions, and offer your insights. Taking initiative shows your commitment and drives your progress.Learn Continuously
Always be learning. Understand the “why” behind trades, not just the “what.” This will help you develop your own trading strategies. Remember, to teach is to learn twice. Sharing your knowledge with others solidifies your understanding.Find Your VoiceS
hare your thoughts and ideas. As you contribute more, you’ll start to build confidence and establish your presence within the community. Your unique perspective adds value to the group.Build Connections
Network with other members. These connections can provide support, offer new perspectives, and lead to lifelong relationships. Strong relationships are the backbone of a thriving community.Develop Your Trading Style
Experiment with different strategies until you find what works best for you. Your unique approach is your edge in the market. Embracing your style is key to long-term success.Achieve Consistency
With the right mindset and tools, aim for consistent profitability. This is the true mark of a successful trader. Consistency comes from dedication and continuous learning.
By becoming the ideal member of a trading community, you’ll not only enhance your trading skills but also find your voice, grow in confidence, create lasting connections, and ultimately become a consistently profitable trader. Embrace the philosophy that to teach is to learn twice, and watch your trading flourish.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
The Million Dollar Strategy Revealed: The 9 on 10
If there’s one strategy I’d bet my house on, it’s the “9 on 10.” There are countless trading strategies out there, ranging from simple to complex, but they all share one goal: making money on price movement in the stock market. In this brief note, I’ll break down what the “9 on 10” is and how you can use it to potentially rake in profits.
If there’s one strategy I’d bet my house on, it’s the “9 on 10.” There are countless trading strategies out there, ranging from simple to complex, but they all share one goal: making money on price movement in the stock market. In this brief note, I’ll break down what the “9 on 10” is and how you can use it to potentially rake in profits.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
What is it?
The “9 on 10” stands for the 9 Smoothed Moving Average (SMA) on the 10-minute time frame. An MA, or Moving Average, is a key indicator in technical analysis that smooths out price data to minimize random, short-term fluctuations. This helps in plotting a trend line, which can act as support or resistance. For instance, the 200-day smoothed moving average (200D) has more lag than the 20D because it covers a longer period. On daily charts, the 50D and 200D are crucial, but here we’ll focus on shorter-term SMAs to leverage intraday movements and momentum.
How do I set it up?
Most trading platforms allow you to plot MAs on your chart and customize their display. Even though this is a “9 on 10” tutorial, I’d suggest adding the other to your chart as they can be useful to have. Here’s how I set mine up in TradingView:
• 9 SMA (Yellow)
• 20 SMA (Pink)
• 50 SMA (Red)
• 200 SMA (Gray)
Check out the screenshots above to replicate my setup. Next, let’s dive into how I trade using this strategy.
How do I trade it?
First off, I’m mainly an intraday trader, relying on momentum and volatility to make money. I use options to capitalize on small price movements as there’s inherit leverage. While the 9 on 10 strategy is shown on a 10-minute time frame, it’s adaptable to other time frames, suitable for different trading styles like swing trading.
Now, to the good stuff—how to trade the 9 on 10 strategy:
Step-by-step guide:
Identify a trending stock: Look for stocks with higher-than normal volume, where dips are being bought, and that trend upwards (bottom left to top right on your chart).
Watch for the initial surge: These stocks often surge at the open. This might feel like chasing, but the 9 on 10 strategy will help you time your entry. After the initial price move, watch for a pullback or consolidation. For example, in $NVDA’s case (see image below), this occurred after the third 10-minute candle, followed by a tight range consolidation.
Enter on the pullback to the 9 MA (yellow): This is a prime entry point as it indicates the short-term trend.
Manage breakdowns: Sometimes the 9 on 10 is broken. Use the 20 on 10 (pink) as a secondary support. If the 20 on 10 also breaks, it’s time to cut your losses. The 20 on 10 can also be an aggressive entry point for adding to a position as it’s very likely to bounce there.
Confirm the bounce: Ideally, the price should bounce and move back above the 9 on 10, aiming for the previous high of the day.
Final thoughts
Intraday trading is risky, but having a simple, effective strategy like the 9 on 10 can be a game-changer. It helps prevent FOMO by providing a reliable entry point after the initial surge. Follow this strategy, and you might just find yourself on the right side of the trade more often than not.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
Roger Federer’s Secrets to Trading Success: Winning with a 54% Win Rate
Roger Federer’s 2024 commencement speech at Dartmouth wasn’t just about tennis. It was a masterclass in resilience and mindset, packed with lessons that can transform your trading game. Here’s the important bit: Federer, a tennis icon who won nearly 80% of his 1,526 singles matches, only won 54% of the points he played. Yes, you read that right—54%. This stat is a goldmine of insight for traders aiming to elevate their game.
Roger Federer’s 2024 commencement speech at Dartmouth wasn’t just about tennis. It was a masterclass in resilience and mindset, packed with lessons that can transform your trading game. Here’s the important bit: Federer, a tennis icon who won nearly 80% of his 1,526 singles matches, only won 54% of the points he played. Yes, you read that right—54%. This stat is a goldmine of insight for traders aiming to elevate their game.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
Federer’s message was clear: perfection is a myth. In tennis, just like in trading, losses are par for the course. The real trick? Not letting those losses define you. “When you’re playing a point, it has to be the most important thing in the world,” Federer said. “But when it’s behind you, it’s behind you.” This mindset is your secret weapon. It’s about letting go of that bad trade and coming back with laser-focused intensity.
In both arenas, the mantra is the same: focus on the next point, the next trade. Trading, like sports, is a roller coaster. Wins and losses come in waves, and self-doubt is a constant shadow. Federer nailed it when he said even the best face self-doubt. The real game-changer is how you handle those moments of doubt.
Success in trading isn’t about winning every trade; it’s about mastering the art of bouncing back. Top traders, like top athletes, don’t win every point or every trade. They embrace losses as part of the journey, analyze what went wrong, and come back stronger. This relentless drive to adapt and grow sets the winners apart.
Federer’s advice to work smarter, not just harder, is pure gold for traders. It’s about crafting a strategy, sticking to it, and refining it continuously. Use every tool at your disposal, from data to insights, to make informed decisions. Trading on gut feelings or chasing losses? That’s rookie territory.
Here’s a critical nugget: shrugging off a loss isn’t enough. In high-level sports and trading, learning from your mistakes is non-negotiable. Each loss is a lesson, a chance to refine your approach. Without this reflection, you’re doomed to repeat the same errors.
Negative energy? Waste of time. Channel that energy into dissecting your trades, spotting trends, and sharpening your strategy. Be relentless in your pursuit of excellence. Adapt, evolve, and grow. The market is always shifting, and so should you.
Success isn’t about winning every trade but having a system that lets you consistently win enough. With that and the right account management, you can stay consistent even if you have a win percentage of 54%.
Federer’s speech is a powerful reminder: success isn’t about perfection; it’s about resilience, focus, and relentless improvement. The best traders, like the best athletes, know how to take a hit, learn from it, and move forward with renewed vigor.
Adopt this champion mindset, and you’ll navigate the market’s ups and downs with confidence and clarity. It’s not about winning every trade. It’s about staying in the game, learning from each experience, and continuously leveling up.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
Me: The Origin Story
I’ve always been a private person, but in the name of transparency, I’d like to open up and share my story. It’s only fair that those who follow me and, in some instances, traded alongside for years, should know more about who I am, where I’ve been, and how I’ve gotten to where I am today.
I’ve always been a private person, but in the name of transparency, I’d like to open up and share my story. It’s only fair that those who follow me and, in some instances, traded alongside for years, should know more about who I am, where I’ve been, and how I’ve gotten to where I am today.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
Background
I grew up in Sweden. I wasn’t born there but moved when I was six. My birthplace is a port city in Lebanon. Due to war, my parents decided to move to create a better life and future for us. Growing up in Sweden was a fortunate thing. It’s a wonderful country with wonderful people. Not perfect, but nothing is. I spent most of my youth doing two things: playing soccer and designing. I got really good at both, and unsurprisingly, one brought me the other.
After playing soccer at a high level in Sweden, I reached a point where I realized I wouldn’t become the pro I’d always wanted to be. My dream was to play for the big teams in Europe—in Italy, England, and Spain. Out of the blue, I got the opportunity to play in the US for a D2 school with a full ride. This was perfect. I got to keep playing while studying, and I focused on Graphic Design.
Graphic Design was a passion. I had spent years hacking away, building websites, and working freelance for small and big clients. This passion, after college, became my profession. I got a job in what used to be called interaction design, then advertising as a Design Director, and finally as a product designer for one of the largest companies in the world: Apple Inc. I spent almost 10 years at Apple designing everything from complex internal systems to consumer apps and features used by billions of people across the full hardware suite.
Lessons from Apple
Working at Apple taught me a lot about a lot. Without getting into too much detail, I can say that’s where I learned about elegance, honesty, focus, simplicity, communication, excellence, consistency, innovation, and perseverance—just to mention a few things. These are principles I live by now, post-Apple.
One instance in particular made me realize I enjoy teaching. As you all might know, a lot of what I do, aside from trading, is help educate my members on my strategies, how to cut through the noise, and topics like psychology, consistency, and more. This realization hit me during WWDC ‘18. This is the World Wide Developer Conference where Apple introduces new software to developers and the world. I got to work in the area where developers bring their apps and receive feedback from Apple designers and engineers, among others. Spending a few days doing this was enlightening. It was great seeing people’s faces light up when they understood what you’re trying to explain regarding their app or feature in an app.
These principles are how I started SpacemonkeyPRO, what I use every day in how we do things, and how I carry myself through the day.
Journey into Trading
You’re probably wondering how I got into trading. Well, that started in the ‘08 financial crisis. I remember seeing people running around thinking it was the end of the world, and all I could think about was buying some of these heavily discounted stocks. The problem was I didn’t have the capital to. I had just spent a few years working and didn’t have the necessary liquidity to really invest—yet. As I worked, and with the financial crisis behind us, I started getting into trading/investing. I started with crypto—that was not for me. Then Forex, but that required too much world-macro insight. Penny stocks didn’t last long either. It was in vain. I liked the technology and possibilities of crypto, the connectivity and macro ripple effect of Forex, and the volatility of penny stocks. That’s when I discovered options trading. This was fascinating, and it immediately became an obsession of mine.
I started small, building my account and my skills. This led to a significant increase in account size where I could live a comfortable life. I now live in Europe, trading full-time and running SpacemonkeyPRO. I still worked because I still enjoyed designing. As the world halted and we went through COVID, what was a passion became something I couldn’t stop thinking about doing. Throughout all of this, I found ways of sharing my knowledge with other less knowledgeable traders. I saw so many people losing money because they didn’t have the basics. That’s when I decided to go full-time, which meant quitting Apple and focusing on what I wanted to do: trade and teach.
The Birth of SpacemonkeyPRO
Starting SpacemonkeyPRO was a natural progression. The reason I wanted to start my own space is because I wanted to create a learning environment for traders. This wasn’t something that existed when I first started. I’d argue it still isn’t like that in most trading communities, but there are some that do. The principles I learned at Apple were the foundation. I wanted to create a community where I could share my knowledge, strategies, and insights with others. Trading can be a lonely and challenging endeavor, but with the right guidance and support, it can also be incredibly rewarding.
As a creative, I think it allows me to be a different kind of trader compared to the more traditional sense. It allows me to view the market as a 3D puzzle—a puzzle I can visualize and predict what could happen if A, B, or C triggers. As a trader that relies heavily on technical analysis, I’d say my visual strength comes in handy. Many often see traders as humans that are good at math. That is true to a certain extent, but creatives or visual people can be just as good.
One of the biggest gaps I saw in trading communities was the lack of explanation behind trades. I often saw traders asking “why” but not getting a fundamental explanation. I understand that sometimes trading is an art; however, a lot of the art is based on proper strategies and patterns. This is what I try to do every day in SpacemonkeyPRO.
My journey from designer to trader has been driven by passion and the desire to spend more time with my family, do what I enjoy, and help others achieve their goals. Being part of a community, like the one we’ve built with SpacemonkeyPRO, has been immensely fulfilling. It’s not just about making money; it’s about being happy doing what you love and sharing that journey with others.
Thank you for being part of this journey. Your support means the world to me.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
Harnessing Reverse Entropy
Ever feel like chaos is constantly creeping into your life? You’re not alone. There’s a hidden force at play, one that most people have never heard of: entropy. Entropy is all about disorder and how things naturally fall apart over time. But here’s the good news—you can fight back. By harnessing reverse entropy, you can bring structure and balance to your everyday life. In this article, we’ll dive into actionable strategies to combat entropy and turn potential chaos into steady, consistent progress.
Ever feel like chaos is constantly creeping into your life? You’re not alone. There’s a hidden force at play, one that most people have never heard of: entropy. Entropy is all about disorder and how things naturally fall apart over time. But here’s the good news—you can fight back. By harnessing reverse entropy, you can bring structure and balance to your everyday life. In this article, we’ll dive into actionable strategies to combat entropy and turn potential chaos into steady, consistent progress.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
Look around your workspace or think about your daily routine. Without regular upkeep, clutter piles up, schedules fall apart, and even your thoughts can get jumbled. That’s entropy in action, pushing everything towards chaos.
But entropy isn’t just about your physical space. It’s also about your habits, relationships, and goals. Neglect your friendships, and they weaken. Ignore your goals, and they fade away. The same applies to your routines – let them slip, and chaos takes over.
Ever notice how when one thing goes wrong, it often leads to more problems? That’s entropy snowballing. Miss one workout, and it becomes easier to skip the next. Let one project slide, and soon everything’s behind schedule. This snowball effect is entropy manifesting in your life.
So, how do you fight this invisible force? By creating systems and processes that counteract it. Establish routines, set clear goals, and stay organized. This is how you engage in “reverse entropy” – bringing order to your life and making it easier to stay on track.
Think of entropy as a reminder that maintaining order takes continuous effort. It’s not about being perfect but about being consistent. Recognize entropy’s role, and you’ll see the value in discipline and structure. With the right systems in place, you can turn potential chaos into consistent progress.
Remember, it’s about taking small, consistent steps to keep entropy at bay. Embrace the challenge, and let your routines and habits guide you to success.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
Invest in Your Financial Intelligence to Liberate Yourself from Mental Slavery
For day traders, the first trade of the day can be particularly important, as it can set the tone for their entire trading session. A successful first trade can give traders the confidence and clarity they need to make informed decisions throughout the day, while a failure can lead to fear, lack of confidence, and poor decision making.
These powerful words from Bob Marley resonate deeply in today’s rapidly changing world. The traditional path laid out by previous generations—securing a stable 9-to-5 job, working diligently, and saving for retirement—is becoming increasingly outdated. This conventional route, while providing a sense of security, often confines individuals to a form of mental slavery, trapping them in a cycle of financial dependence and limited opportunities.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
In the modern era, opportunities are vast and multifaceted. The digital age has unlocked the potential to create careers in diverse fields, including online ventures, freelance work, and digital entrepreneurship. The barriers to entry are lower than ever, and the possibilities are endless. At the core of navigating this new landscape is the crucial concept of investing in your financial intelligence. By understanding and leveraging financial principles, you can break free from the constraints of a traditional 9-to-5 job and design a life that offers both financial security and personal freedom.
The Traditional Path: A Double-Edged Sword
The conventional route of securing a stable job, working diligently, and saving for retirement has long been the societal norm. While this path provides a sense of security, it often comes at the cost of personal freedom and fulfillment. The routine can become monotonous, with limited opportunities for creativity and self-expression. Moreover, the rigid structure of a traditional job can make it difficult to balance personal and professional life.
Many people remain in this cycle due to the stable paycheck every month, which provides a sense of security. However, this financial stability often comes at the cost of personal growth and freedom. By investing in financial intelligence, you can equip yourself with the knowledge and skills needed to create multiple streams of income and achieve financial independence.
The Power of Financial Intelligence
Financial intelligence goes beyond basic financial education. It involves a deeper understanding of money management, investment strategies, and wealth creation. With this knowledge, you can make informed decisions that align with your personal and financial goals.
Understanding Investments: Learn about different types of investments like stocks, bonds, and real estate. Each has its own risks and rewards, and understanding them helps you build a diversified portfolio.
Managing Debt: Recognize the difference between good and bad debt. Manage and pay off debt strategically to reduce financial stress and improve your credit score.
Budgeting and Saving: Create a budget to track income and expenses. Save consistently and leverage the power of compound interest to grow your wealth over time.
Creating Multiple Streams of Income
One of the most significant benefits of financial intelligence is the ability to create multiple streams of income. Relying solely on a single job for income is risky; if you lose that job, you lose your primary source of financial support. By diversifying your income streams, you can reduce this risk and increase your financial security.
Side Hustles and Freelancing: Turn hobbies or skills into side hustles. Freelancing and consulting can provide additional income without leaving your full-time job.
Investing in Real Estate: Real estate can offer passive income and long-term appreciation. Investing in rental properties or real estate investment trusts (REITs) can generate regular income.
Creating Digital Products: The digital economy offers opportunities to create and sell products like e-books and online courses, generating passive income.
The Mental Shift: From Employee to Investor
Investing in your financial intelligence requires a mental shift from an employee mindset to an investor mindset. As an employee, you trade time for money, limiting your income. As an investor, you create assets that generate income, freeing up your time for other pursuits.
Long-Term Thinking: Focus on long-term goals and avoid short-term distractions. Building wealth takes time and patience.
Risk Management: Understand and manage risks through diversification and staying informed about market trends.
Continuous Learning: Commit to continuous learning through reading, attending seminars, and following financial news.
The Freedom to Live Life on Your Terms
Investing in your financial intelligence is not just about money; it’s about freedom. It’s about having the flexibility to make choices that align with your values and aspirations. Financial independence allows you to live life on your own terms, whether that means traveling the world, spending more time with loved ones, or pursuing your passions.
The Myth of Wealth Through Employment
It’s almost impossible to become wealthy working for someone else. Dedicating at least eight hours a day to making someone else’s dream come true enriches them, not you. If you can spend an hour a day on your financial education, you can start to make your dreams a reality. Imagine what you could achieve by investing time in yourself and your financial intelligence.
Breaking free from the constraints of a 9-to-5 job requires effort, dedication, and a willingness to learn. However, the rewards are immense. By investing in your financial intelligence, you can create a future where you are not bound by the limitations of a traditional job. You can achieve financial freedom, personal fulfillment, and the ability to design the life you’ve always dreamed of.
In conclusion, the journey to financial independence begins with a commitment to learning. By understanding and applying financial principles, you can liberate yourself from the confines of a 9-to-5 job and unlock a world of possibilities. Embrace the power of financial intelligence and take the first step toward a life of freedom and abundance.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
First Trade of the Day
For day traders, the first trade of the day can be particularly important, as it can set the tone for their entire trading session. A successful first trade can give traders the confidence and clarity they need to make informed decisions throughout the day, while a failure can lead to fear, lack of confidence, and poor decision making.
For day traders, the first trade of the day can be particularly important, as it can set the tone for their entire trading session. A successful first trade can give traders the confidence and clarity they need to make informed decisions throughout the day, while a failure can lead to fear, lack of confidence, and poor decision making.
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
If the first trade of the day is a failure, it can be tempting for day traders to try to make up for the losses by entering into new trades too quickly or taking on more risk than is advisable. This can lead to a downward spiral of poor decision making, as traders become caught up in the fear of missing out (FOMO) or feel pressure to recoup their losses. This can cause traders to dig themselves into a deeper hole, as they continue to make poor trades in an attempt to turn things around.
On the other hand, a successful first trade of the day can provide a much-needed boost of confidence and help traders to see things more clearly. With profits in hand, there is less pressure to make up for losses or take on unnecessary risk. This can allow day traders to take a more measured approach to their trades, carefully considering their options before making a move. This can help them to avoid the FOMO that can often lead to poor trades, as they are more likely to be able to see opportunities for what they are and make informed decisions.
For day traders, the importance of the first trade of the day cannot be overstated. A successful start can provide a strong foundation for a successful trading session, while a failure can be difficult to overcome. As such, it is crucial for day traders to approach their first trade of the day with care and to take the time to carefully consider their options before making a move. By doing so, they can set themselves up for success and increase their chances of making profitable trades throughout the day.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
Welcome to BRAIN DUMP
Brain Dump is a neat little piece of the internet where I share insightful articles, thoughts and actionable trade ideas.
Unlocking a Decade of Trading Knowledge
BEFORE YOU READ
Get the latest of the DIGEST
newsletter sent straight to your inbox.
Stay updated with the latest DIGEST newsletter sent straight to your inbox. Join a community of over 500 traders gaining valuable and actionable trading insights from Spacemonkey.
Welcome to Brain Dump, a space where I share insightful articles, personal reflections, and practical trade ideas. Be sure to bookmark this page to stay updated on our latest content. For a more convenient option, sign up for our weekly newsletter to receive updates directly in your inbox.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.