Episode: 7

Trading Trend Days LIVE Spaces Discussion

Painting the Tape – Episode 7: Trading Trend Days LIVE Spaces

Hosts: Leo, AJ, Stowe

[00:00] Introduction & Banter
Meet the hosts and set the stage for a special live Twitter Spaces episode. Discussion of the holidays, the idea for a live event, and reflections on recent trend days in the market.

[02:00] Why Trend Days Matter
The hosts discuss why trend days are important, referencing past research on single prints and the frequency of trend days versus mean reversion days. They explain the concept of single prints and how it relates to market profile and fair value gaps.

[07:00] Personal Trading Journeys
AJ and Leo share how their trading evolved from mean reversion to trend following, including the challenges and mindset shifts required. Stowe joins in to discuss his own approach and the difficulties of trading trend days, especially to the downside.

[15:00] Tools & Tactics for Trend Days
The group dives into the tools they use: VWAP bands, volume profile, delta profile, and order flow. They discuss how to identify trend days in real time, how to avoid fighting the trend, and the importance of adapting strategies.

[25:00] Managing Pullbacks and Risk
Discussion on handling pullbacks during trend days, defining when a trend is ending, and how to manage risk and position sizing. The hosts share their frameworks for knowing when to step aside or add to positions.

[35:00] Community Q&A
Audience members join the conversation with questions about pre-market planning, using tools like Bookmap and the DOM, and how to develop as a new trader. The hosts offer advice on learning, pattern recognition, and finding your trading identity.

[55:00] Final Thoughts & Takeaways
The hosts wrap up with practical advice: focus on learning, don’t rush the process, and protect your capital. They encourage listeners to experiment, develop their own playbook, and stay patient as they grow as traders.

[1:58:00] Closing
Thank you to the audience, preview of upcoming episodes, and a reminder to keep an eye out for more content on the mental game of trading.