My hyper specific @unusual_whales strategy, The Blue Whalevator. A Thread.

This is an intraday strategy I've developed. It only takes huge whales, waits for confirmation, and filters out 99% of plays.

Fewer trades but high prob setups for bigger

The requirements are so specific and narrow that you will only get a few alerts a day. Once you get the alert, follow the checklist.

Today, the method took two trades so far.

$UPST 200c 9.00 > 12.20
$UPST 195c 10.30 > 15.00
The benefit of being hyper specific & requiring a long list of criteria protects us from false signals such as this one on $TSLA today.

Confirmation never hit and the move gave a false positive before breaking down. There's now a whale somewhere with an angry wife.
Here's another signal today that we would've not traded as it didn't meet the confirmation criteria.

As we are focusing intraday, we need to see moves in the desired direction occur relatively quickly to show that the momentum is there for an intraday play.

$NFLX
On Friday, the strategy went 3/3 moves for good gains.

It filtered out many more false signals by waiting for confirmation criteria.
I've made adjustments to the document to include smaller account settings as well.

The default settings are going to be extremely hefty premiums from extremely high spending whales. The small account settings should alert more cheaper plays.
These are still a WIP, so be selective.

More from Tradingthread

A thread of my threads!


1.
https://t.co/cWGjheFrdL


2. https://t.co/tgJO7riEYH


3. OFFERINGS


4. OPTIONS and WARRANTS
I’m using Twitter as my trading journal. Feel free to follow along and learn with me. I’ll post the resources I’ve found most valuable below. I’ve attached my evolving trading rules. As you can see, I am continually learning from my mistakes and feel more prepared each day.


Wave theory resources:

https://t.co/zMLJx0Posg

Recommend checking out @StockDweebs newsletter. I don’t practice wave theory myself but have found his picks highly accurate and like to correlate them with my own.

YouTube channels:

TrendSpider @TrendSpider
smithsintheblack @RobInTheBlack
Sara Sabatino @ssabatino84
_ms_izzy @_ms_izzy
Learn to Day Trade @TrueBubbleHead
StockDweebs @StockDweebs
watchjoshtrade @watchjoshtrade
BullTradeFinder @BullTradeFinder
MagicMike @magicmiketrader

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MDZS is laden with buddhist references. As a South Asian person, and history buff, it is so interesting to see how Buddhism, which originated from India, migrated, flourished & changed in the context of China. Here's some research (🙏🏼 @starkjeon for CN insight + citations)

1. LWJ’s sword Bichen ‘is likely an abbreviation for the term 躲避红尘 (duǒ bì hóng chén), which can be translated as such: 躲避: shunning or hiding away from 红尘 (worldly affairs; which is a buddhist teaching.) (
https://t.co/zF65W3roJe) (abbrev. TWX)

2. Sandu (三 毒), Jiang Cheng’s sword, refers to the three poisons (triviṣa) in Buddhism; desire (kāma-taṇhā), delusion (bhava-taṇhā) and hatred (vibhava-taṇhā).

These 3 poisons represent the roots of craving (tanha) and are the cause of Dukkha (suffering, pain) and thus result in rebirth.

Interesting that MXTX used this name for one of the characters who suffers, arguably, the worst of these three emotions.

3. The Qian kun purse “乾坤袋 (qián kūn dài) – can be called “Heaven and Earth” Pouch. In Buddhism, Maitreya (मैत्रेय) owns this to store items. It was believed that there was a mythical space inside the bag that could absorb the world.” (TWX)