Elite Mindset - Vol 22
Obsidian Elite Report: Memes, Stories, and Positivity. BE ELITE!
Obsidian Elite Classes!
I want everyone to Welcome Trifecta Trader. For years and our first 16 Classes from OTC to Options I have been the only Teacher. For the first time we are bringing in Trifecta to teach Smallcaps. He has been trading Smallcaps since most of us were trading OTC. We have been working together for a couple of months putting together, and adjusting the lessons! This will be the first Class we have with multiple teachers, and with some new Tools to utilize!
Twitter Accounts
There are tons of twitter accounts out there that have over the past few years gained hundreds of thousands of followers, some even millions. One by the name of Catturd recently did an interview, showing his real face etc and surprised me because he was an older guy that just didnt seem to fit the profile I had made up in my mind.
Made me start to wonder about some of the others like Greg or any one of the others that have an odd Alias, who they actually are. They could be anyone, or a noone who randomly just took off and got huge. Could be Tom Brady posting his views where his name isnt in the limelight, or a 18 year old kid in his parents house.
What makes it the most interesting is realizing that no matter what we all put a face/personality to all Aliases, and even agree with many of them, but if we saw them in real life our opinions might be completely different.
Twitter is a large facade, its not real life at all yet so many believe everything they see. We believe because people post a picture of a lambo, they have money with 0 proof. We believe because someone is funny, positive, or eccentric thats the way they actually are, when in reality majority of the time they aren’t. Majority of the time they portray themselves in a way they WISH to be.
Memes:
Driving
I know I cant be the only one that deals with Wifes while driving. Background the only accident I have been in was backing out of a parking stall about 7 years ago, and scratching a car passing by. My wife on the other hand has been in a couple while actually driving. So tell me why is it that everytime she is riding with me she panics? There can be a person on a bike half mile ahead, and shell call it out at the top of her lungs “watch out”! People breaking for a red light “they are braking”….every single time.
I’ve told her 100 times her doing that is more likely to get me in an accident one of these times. So few months ago while we were driving, she fell asleep. There weren’t any other cars around, and i hit the brakes quick and started making noises like the truck was screeching. She woke up panicked screaming, and then heard me laughing.
While this was hilarious to me, and still makes me laugh, I will say for future reference Men don’t do this!
Stock Market Thoughts:
OTC - Overall seeing some solid opportunities and liquidity coming in. Couple of setbacks and do feel we have really a month before OTC really picks up, but looking much better this year. This doesn’t mean that every OTC will run, but we have a Catalyst driven theme going on right now. Companies that are finally talking, and upcoming events are getting rewarded with some volume. Trick is though dont focus on stale stories, if its the same story for years need something new to develope.
Smallcaps - Wow just incredible market lately seeing 100 + % moves repeatedly. I do think it slows for a couple weeks, but overall think it remains hot for awhile this year!
Options - Lot of solid trades, been focusing more on a few stocks, less trades and solid moves. We are in an area here that we are constantly seeing the Algo driving price, lower timeframes look for scalp, but focus on 4hr/dailies for further out moves. More nervous atm on calls further out, but short term they are printing.
Stocks:
Adding this section and will keep updating, I will only include stocks that I think look solid! Do what you want with the info!
PAOG: Has upcoming catalysts, slowly forming between the 16-20 range here. Share structure is good, once catalysts start to hit here expecting this one to make a solid run. One thats sitting back right now and in a solid range.
SDRC: One of the easier longer term stocks. Holding support here well, and looks like its setting up to curl off the bottom again.
IGPK: Usually dont like to put ones on here that have already been moving, but this one has been holding well. Friday pushed right back off the .01 and daily here. Holds this level and see .0171 area coming into play.
Obsidian:
OTC, SMallcap, Options Class is about to start. Whether you have been through them before or not, we have added another teacher, and will be running through everything at length. time to stop sitting back, relook everything over as we hunt for some otc, and learn other markets!
Stock Charts, Scanners, Classes, Chatroom