Simplicity Wins. My NVDA Trade Today + A New Lesson Learned
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Dear Traders, I took a really simple trade setup this morning to show our BBT members why simplicity is truly the key to longevity in day trading. Most importantly, in this newsletter, I want to share how I spotted a really strong liquidity signal on Market Atlas at 09:30 market open. I couldn’t take the live screenshot on time, but thanks to Replay Mode on Atlas, I went back to annotate exactly what I saw to share this insight with our traders. |
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| Here’s my daily realized P&L window for transparency. TQQQ, TLT and VOO are my long-term positions. MSFT shares were assigned to me as the puts I sold expired. | |
 Why I picked NVDA & why I had a strong conviction to go long:
It’s part of my routine to watch the MAG7 stocks at open. NVDA did have a gap-up but its daily chart broke the $170 support and was bearish. However, Market Atlas is a level 2 depth of market that can give traders information that the candlestick chart can’t. |
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| Seeing this huge ask order appeared right after the open, I knew that there’s a very high possibility that NVDA would push toward $170.
That’s my trade thesis but not a bias. If I was wrong, I still had to respect my stop loss and exit according to risk management rule.
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| My NVDA execution chart: A standard 1-minute opening range breakout long, risking 50 cents per share to stay on this breakout move back to $170 key level. | |
| As most of you already know, my entry strategy is really simple. But that’s exactly why I can repeat the same process over and over again for years.
Instead of overcomplicating a strategy, I focus on: 1. Mastering order flow and level 2 DOM reading techniques (that’s why I built Market Atlas) 2. Strict risk management and disciplined executions (no hesitation to cut loss or enter when my setup shows up) 3. Adding into winning trades and actively scale my position to maximize profits when I’m right. |
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| We made the Opening Range Breakout tradebook straightforward and structured it step-by-step so that new traders can learn and apply the same framework.
If you want to learn depth of market and find those liquidity magnets, use the 7-day trial to start using Trading Terminal Premium. During the trial, you can access every premium tool including Market Atlas, Real-time Simulator, Advanced Stock Scanners, Breaking Audio News, Backtesting Replay and more. I also live stream my trades and Market Atlas simultaneously in Bear Bull Traders live chatroom. You can join and trade live with me and 1000+ real active traders every Monday to Friday. (See BBT community discounts) |
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| A new lesson learned after 12 years of trading: | |
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| I’ve been day trading for 12 years, and I’ve grown my trading account to 8-figure… But I still made mistake.
Because there’s no such thing as a perfect trader who only wins. I sold cash-secured puts on Microsoft (MSFT) last week thinking that the stock will bounce soon after the big sell-off. Cash-secured puts is a common options strategy where the seller acts as the insurance broker and collects the premium if the stock goes higher. What happened then was MSFT kept going lower for a few more days after I opened the sell positions. When the options expired, I was losing $50K on the position. I ended up getting assigned shares, and taking the realized losses on those options contracts. I was reflecting on my mindset and realized that I didn’t treat my swing positions or options selling strategies with the discipline and mindset I had for day trading. A huge reason is because options selling wins most of the time. The high win rate in the past made me think that I can afford to hold the losses longer until it bounces back. So I hope you understand that trading is a career that requires discipline, continuous learning and reflecting, and self-realization no matter how experienced you are. If you have any questions about trading, feel free to reach out any time. I also like to learn about the experiences that helped you grow as a trader if you have any to share. See you in the chatroom, |
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Here’s exactly how I executed this NVDA trade with the conviction I had: