Alex's PF performance. - May 2026 📊🛡️ MTD ( +23.3% ) YTD ( +26.8% ) YTD benchmark QQQ ( +10.5% ) Hey guys! What a month —best monthly return since 2020 for me — another cruise month, back to back after April, and I'm very happy with my execution overall. We can always be better and keep improving, but this was a clean follow-through on everything I talked about last month: trust the system, trust the process, get size in the right names, and let the trend do the work. The one thing I'll flag on myself is that I went into that mid-month pullback a bit too exposed. I took some heat and drew down more than I wanted — but I played it well from there. I recognized the constructive action, held my positions, and stayed patient, which let me recover from the drawdown super quickly and push my EC into a fresh all-time high. That's the difference between reacting to noise and trusting what price is actually telling you. This month really came down to two things. First, adding to my core positions and trading around that core in what I see as the liquid leaders of the leading groups and themes — I did more of that and it paid well. Second, having real size in those leaders and staying patient with it, trusting the trend even when it looked extended. There's a lot of money to be lost trying to anticipate the end of a move, and I did well by simply not trying to do that. The win rate came in at 44.4% with a 1.94 RRR, and I pushed +36.2R in profits on the month. Lower hit rate than April, but it didn't matter — my winners did the heavy lifting at a 10.8% avg gain (biggest +47.6%) while I kept my losers tight at -4.3% avg. That asymmetry is the whole game: let the winners run, cut the losers fast. Now it's about staying disciplined and capturing the best part of this trend for as long as it lasts. Let's kill June, let's go! 💪 Cheers, Alex ✌️ • Every entry, exit, and trims are taken in real time in the PrimeTrading Discord community, with educational explanations for all trades. • I share all my trades and monthly trading performance results since January 2020 for transparency.

Risk-to-reward (R:R) tells you how much you could make relative to what you’re risking. If you risk $100 to potentially make $300, that’s a 3:1 R:R—or a 3R target. But a high R:R means nothing without a realistic probability of reaching it. Trading expectancy comes from balancing win rate, average winner and average loser—not simply chasing the tightest stop and biggest target.

Is getting the absolute best R:R and the tightest possible entry really the most important thing? There’s always a tradeoff. For me, quality of life matters more than optimizing every single entry. I don’t want to be glued to a screen all day trying to shave a few cents off risk. My comfort zone is positioning around the structure of leading stocks, managing risk, and being patient enough to let the larger trend do the heavy lifting. That’s the kind of trading I can see myself doing for decades without burning out.

Strong stocks rarely move alone. When several leaders from the same theme begin improving together, that’s usually more meaningful than one isolated breakout. That’s why I use ThemesLab.io to follow where participation is expanding, then focus on the best structures inside those groups. Find the current first, then choose the best vehicle.

One of the best things you can do for your trading psychology is define your portfolio risk before the pullback comes. If you’ve already accepted the potential giveback, normal volatility stops feeling like an emergency—and you can let structure, not emotion, guide your decisions.

I've been sharing pretty much everything inside PrimeTrading lately—morning prep, live trades, adds, trims, exits, risk, sizing, and the thought process behind it all. It’s really just a place for traders who want to follow the process, ask questions, and get better over time without all the noise. There’s a 7-day free trial if you want to come hang out and see if it’s for you 👇 launchpass.com/primetrading/…

🐼 Why the Panda? If you’re new here, you’ll quickly notice we talk a lot about the Patient Panda. It started as a simple analogy, but over time it became one of the central ideas behind how we approach trading in PrimeTrading. Patience is one of the hardest skills to build as a trader, and it shows up in a few different ways. 1. When the market is not good You don’t need to force trades just because you’re sitting in cash. Sometimes there simply isn’t a good pitch. The absence of opportunity is not a signal to act. It’s a signal to conserve capital, conserve mental energy, and wait for the environment to improve. That’s Panda Mode. 2. When you’re already in a position Even great trades don’t move in a straight line. There will be pullbacks, retests, red days and periods where the stock goes nowhere. The skill is staying composed and letting the position work as long as the trend and structure remain intact. A lot of traders do the hard part correctly — they find the right stock and get the right entry — then kill their own edge by becoming impatient and selling too early. 3. When executing the plan Patience also means sticking to the process. Trim into strength at your predetermined targets. Hold exposure when the trend still supports it. Don’t completely change your plan because of one uncomfortable candle. You don’t get paid for being constantly active. You get paid for executing well when the opportunity is there, and then having the patience to let that edge play out. As Jesse Livermore said: “It was never my thinking that made the big money for me. It always was my sitting.” That’s really the essence of Patient Panda. It’s not just a mascot or an inside joke. It’s a reminder to: Be patient. Stay composed. Stop forcing action. Let the market come to you. 🐼 Full article: traderslab.gitbook.io/primet…

$LITE keeps squeezing and squeezing off the right side as it's making a series of higher lows at the rising 21dma-structure. Make yourself a favor and pull the weekly chart of this one.

One thing I keep coming back to in trading: you don’t need to react to everything. A red day isn’t automatically a problem. A pullback isn’t automatically distribution. A missed trade doesn’t mean you need to force the next one. And a few losers don’t mean the process suddenly stopped working. A lot of damage comes from constantly feeling like something needs to be changed. Sometimes the best skill you can build is simply learning to recognize when nothing important has actually changed. Observe more. React less. Let the market give you a reason. 🐼

$DELL working great so far.

Liquid Leaders 21dma-structure Pullback sorted by RS Rank. $SNDK, $LITE, $SNOW, $NTAP, $TER, $SN, $SHOP, $MTSI, $GDDY, $NOW, $IT By @TradersLab_

$QQQE is trying to confirm a daily reversal here, with breadth turning green to hook MCO back up. That's the backtest for continuation confirmation.... NOW... can it hold into EOD? That's the big question. But constructive so far. The rest of the market remains very weak, and Credit Spreads just keep making new highs, so definitely not a broad based rally so far, but let's see which side it swings.

2026 09 25 PrimeTrading Early-Market Session (EMS) piped.video/iJP7LU81OC4?si=RUcl… via @YouTube

RTY $IWM bottomed from a double bottom and shakeout, with $ QQQ/$SPY/$QQQE confirming the turn with a reclaim & backtest, leading the market out of this "bad breadth" episode?

PORTFOLIO UPDATE 9/24 $AXTI $DELL $VEEV $NBIS $SOXL $LITE $SNOW $PANW $FSLY $SNDK $IBIT $PLTR Hey guys, Today was basically the continuation of the reclaim → backtest → reload sequence we’ve been talking about for the last few days. QQQE gave us a clean backtest of the now-rising 21dma structure and bounced from it, while short-term breadth cooled off nicely after getting stretched. MCO also cooled from overbought conditions, while MCSI remains in an uptrend above its 10dma. That’s exactly the kind of digestion I wanted to see after the breadth thrust rather than another straight-up extension. There are definitely still things to respect. Yields are ripping and credit spreads remain a concern, so I’m not ignoring those. But at the same time, VIX rejected the declining 21dma structure, growth was bought very well today, and Liquid Leaders continue to act well overall. That’s why I’m trying to stay focused on what price and my portfolio are actually telling me instead of getting pulled around by every conflicting macro signal. Another encouraging piece today was the GDB reading. Sellers were getting weaker into the session, with GDB around the 17th percentile, which can be a sign that selling pressure is starting to exhaust rather than expand. Combined with the clean QQQE structure test, that keeps the current stress-test constructive for now. The Growth Cycle also remains in RAMP UP, so from my perspective the new window we’ve been preparing for is still open. The initial thrust has cooled without much damage, price is testing rising structure, and the portfolio still has cushion. That’s the kind of environment where I’m willing to be aggressive, and we’ve been preparing for exactly this since last week. On the portfolio side, I added to DELL off the rising 21dma structure following its multi-month base breakout, opened AXTI, and also added some MNQ around the backtest of the base/pivot area. I didn’t need to do much else because I already have the exposure I want. I’m finishing around 148% gross exposure, so there’s plenty of risk on now. That’s intentional. I don’t want to keep adding just because things look good; from here I want the existing positions to prove themselves and let the market confirm that this backtest is holding. Today’s action: NEW: AXTI ADDED: DELL TRIMMED: — OUT: — The main thing tomorrow is simple: can QQQ/QQQE bounce cleanly from this rising structure and close the week strong? If yes, great — let the positions work. If not, we know exactly where the stress-test is failing and can adjust. Day by day. Follow price. 👊