Newsletter 07/08/2024

Good Morning Trader!

_{Quote of the day:} "To be a great trader you have to be a great loser." -Jesse Livermore

When I was first starting out trading I wanted to be the trader with 0 red days. I thought it was achievable and the only variable standing between myself and that was hard work. Unfortunately things happen in the market that you can’t control. Unexpected news, large whale comes in and swallows the stock one way or the other etc. One thing I have learned over the past 2 years that has directly helped my trading is to understand a lost battle does not equal the war and to keep the big picture in mind at all times. In the market I may have a move that I prepared for the exact opposite and it is a loss, it stings. Maybe I have a few cuts but I walked away before I lost an arm so I get to stand up, I lick my wounds and carry on knowing I get to fight another day.

SPY Levels: Back in grind, grind, grind mode

No interest zone: 554.25 - 555.76

Above Targets: 556.39 is the first target, Second target is 557.49. Third target is 558.15. Reach Target is 559.77

Below Targets: 553.68 is the first target. Second target is 552.62. Third target is 551.79 then 551.28 reach target is 550.45

TSLA Levels: No real interest in long here only short

No interest above 241.26

Below Targets: 237.5 first target below then 235.18, 231.43 and 224.52

AMZN Levels:

No interest: 199.56 - 200.51

Above targets: 200.95, 201.74, 202.24 and reach is 204.70

Below Targets: 199.14, 198.6, 198.26,197.72,196.73 and reach is 195.73

H.H

_{“Hazard Zet Forward”}

_{PLEASE READ: I am doing this because I love the community and enjoy talking about stocks. I have a right to talk about stocks and I’m going to do just that. Nothing is advice. I am not a financial advisor. This is not advice (seriously, i mean it). I am not a pro. I could be buying or selling any ticker mentioned at any time. One more time -   I could be buying or selling any ticker mentioned at any time.  I will do what I want and I want you to do what YOU want. Any money made / lost is the result of your personal decision - “Daily Newsletter” “Hugh henne” “Mitch Hennessey” or anyone / anything connected to any of those are not liable.}