R-S-P-e-c-t. Find out what the price action could mean I Perch Observations #5 I August 24th
Helping traders and investors add patience to their risk management process I ChatGPT+IBKR Automated Trading Guide I Trader Tax Status Guide I Futures, stocks, bonds, commodities, currencies, crypto
Welcome to the latest edition of Perch Observations. General observations and commentary from the Little Bird Trading team coving:
Charts
Price Action reading
General observations and commentary
Links to the latest Weather Reports
Please comment with any questions; and share with someone you know. All subscriber tiers automatically receive the next Market Weather Report every market day around 5:45 PM ET for the following day’s session.
Disclaimer: Little Bird Trading and any of its associations may or may not, whether long or short, have a position in any instruments. Not investment advice. Provided for informational purposes only. Not a recommendation or endorsement. Not registered or licensed. Model portfolios are property of their respective owners. All data is sourced from publicly available information.
Additional Subscriber Resources
How To: Build Automated Trading System with ChatGPT and the Interactive Brokers API
Includes screenshots and downloadable Python code: Here
Trader Tax Status (TTS) Guide
For established and new Traders. Includes a downloadable example mark-to-market (MTM) spreadsheet and trading log: Here
Not a recommendation or endorsement I Not investment advice
Review the Latest Weather Report
About Little Bird Trading and How to Leverage Our Services for Your Trading and Investing
Little Bird Trading helps traders and investors with the most important part of their risk management process: patience
Our radar tracks the current Tailwinds (longs/buys) and Headwinds (shorts/sells) of 100+ assets to spot a potential launch point (Mark), or to wait (Roost) for a clearer flight path.
All reports cover two flight times
· Traders— Typically holding positions for days to weeks. · Investors— Typically holding positions for months to years.
Click here for FAQs, and to download examples and see what’s covered in the Futures Weather Report, US Market Weather Report, and Model Portfolios.
