Sep 8 – Sep 12, 2025
Nick SchmidtSeptember 14, 2025
My biggest observation still about the current environment and all of these names is that buying weakness is being rewarded because you can sit patiently, and buying strength is really difficult still.
After reviewing my trades I realized position sizing is everything and I need to focus more on the total size of my account. The biggest winning years came from 40% position sizes built systematically over time. 30% is now considered where it moves the needle. TSLA was built through multiple separate buys over 1.5 months, each with tight risk, and the worst case scenario is getting stopped out even, not catastrophic loss. That's the template going forward.
HOOD gapped up to the top of its base on S&P 500 addition news which disrupted the original base-buying plan. Made it a full position by end of week on the retest of the breakout level. Started a small pilot in PLTR while it continues basing. Between two identical charts, I'll always choose the one that changes how we work, play, live over traditional fundamentals, that's the N in CANSLIM and it's the absolute number one driver of a monster stock.
127% exposure. TSLA is the core position built over 1.5 months. HOOD went from pilot to full size on the retest. PLTR is a starter.
HOOD gapped up to top of base on S&P 500 addition news, disrupting the original base-buying plan. Most stocks moving lower but watchlist names moving higher, good sign we are focusing on right groups.
Market continues to reward buying weakness over strength. All watchlist names acting extremely constructively with A+ basing action. Bases frustrate people because they are buying strength when they should be buying weakness. Buying weakness means you can avoid being stopped until breakout day shows up.
TSLA making higher lows within tight base around $330 level. Any pullbacks forming higher lows are opportunities to buy or add. These basing periods are the best for slowly accumulating when it's quiet. Mixed action, HOOD struggling at base top.
TSLA pushing through $358-360 levels. Now in new territory from consolidation with increasing volume. Nice momentum across market. PLTR and HOOD not doing much which is fine, patience being rewarded. After reviewing my trades I realized position sizing is everything. Biggest winning years came from 40% position sizes built systematically.
Excellent week for TSLA holders. Strong weekly candle formed. It's not going to continue straight up, there will be ups and downs, and more opportunity to get involved. HOOD held breakout level into close, weekly candle crucial for determining next move. Ideally want to open in the wick next week and continue higher. Otherwise if it returns into the base it will need more time. Started a small pilot in PLTR.
After reviewing my trades I realized position sizing is everything and I need to focus more on the total size of my account. The biggest winning years came from 40% position sizes built systematically over time. 30% is now where it moves the needle. The TSLA position was built through multiple separate buys over 1.5 months, each with tight risk. Worst case scenario is getting stopped out even, not catastrophic loss.
Bases frustrate people because they are buying strength when they should be buying weakness. Buying weakness means you can avoid being stopped until breakout day shows up. The market continues to reward buying weakness over strength in this choppy environment and I think that's the key insight right now.
After reviewing my best trades they all followed the same script: multi-month base, get familiar with the structure, accumulate over time on weakness within the base. There is a lot of sitting around waiting but by the time it moves I have huge size with very little risk. That's exactly how TSLA was built.
A company that changes how we work, play, live is the absolute number one driver of an absolute monster stock. Fundamentals in that case will catch up eventually. Between two identical charts, I'll choose the one that changes lives over traditional fundamentals every time.
I was able to get to this size in TSLA systematically. Every buy had tight risk. The worst case scenario at any point was getting stopped out even, not catastrophic loss. That's the difference between position sizing as a strategy versus just buying a lot of something.