Key Community Updates: Discord, Portfolio DCFs, Journal of Statistics
Those who know how to truly use my Stuff will benefit Greatly.
Hey Folks - hope you’re all doing well, as always!
Important updates below. I wanted to write an email that captures all the latest Community updates given how many there have been over the past 30 days.
If you haven’t had a chance already, please take a moment to join the Discord. We’ve got over 300+ people inside now. It’s completely free to join the Discord server.
There is a premium side to it, and some new people directly pay to sign up and don’t go through the free trial that we offer. Don’t do that. We give a trial for a reason, which is to assist you. I need people to understand what I offer in Discord so that there’s no confusion. The trial helps you understand the vibe. If it’s for you, you will see it very quickly. If not, that’s why there’s a trial. More risk-free than Treasuries these days.
We’ve been quite active in the Discord as market volatility returns. We’ve been blessed to get lots of intraday action over the past several weeks. See in the #Community-Wins-Education channel what I mean.
The Discord will show you. I won’t need to say anything. You can see inside.
I like to show, not tell.
Discord: https://intrinsicvaluesystem.com/lib
Some Cool Updates:
On the Investments Side
I share Portfolio Positioning for one of my long-term accounts that I’ve dedicated for this community.
But perhaps more importantly, Discord members can access our custom DCF Model built for every name that is in the Portfolio in the #Portfolio-DCF-Models tab. It is all on one Notion page. Super easy to read, easy to follow. If I have Adobe, the Adobe DCF is there. If I have BABA, the BABA DCF is there. And so forth.
See the DCF Bear/Base/Bull Case behind each name I hold, the assumptions behind the valuation, and so forth. In the process, learn why and how the DCF model is such a powerful tool to learn and add to your skillset. Education on financial modeling is included.
This will help to understand why I will engage in certain areas (I follow the Bear/Base/Bull case) when it comes to investing positioning. It will explain why at certain areas, Sell Puts or Calls or Direct Shares may be more suitable.
The DCFs for the top 10 stocks by market cap are in the #Intrinsic-Value-Financial-Models tab. This will be particularly useful to understand where the SPY and QQQ ETF upside/downside ranges are. After all, where the top 10 companies go, so will the indexes. So even if you’re a passive investor in ETFs, this data is very powerful to help you understand whether we’re at an inflection point or so forth.
There is also education, financial datasets, and my custom template provided if you want to build your own DCF model as well.
On the trading side
Perhaps one of the most important value adds is this: I am providing my personal Journal of Backtested Statistics so that folks understand HOW I think about intraday market structure (data, tables, stats) and WHY I may do things the way I do.
If you’ve seen in the Community wins tab that I’m consistently doing $600-2000 in sessions with ES where I participate, it’s because I have studied the market structure with considerable attention to detail.
The Journal of Backtested Statistics gives datasets and tables on reasonable Point Targets, Gap Ups, Gap Downs, intraday liquidations, Opening Range Breakouts, Intraday Upside from LOD to HOD potential based on VIX regime. Basically, whatever Hand is being Dealt for that day, we have familiarity with such patterns.
When appropriate, I selectively give intraday actionable commentary. These days because I use Bookmap, I have more of an edge in ES compared to NQ. Orderbook is deeper on ES and somewhat less liquid on NQ.
I will be fairly specific in my language (see example image below on ES 6045→6060), and it will be very clear what I’m looking to do.
The disclaimer is this: while I will share my personal thinking and I of course want everyone to benefit from it, please know that my risk tolerance is high and I am willing to engage in trading parameters that may not be recommended for the typical trader (setting wide stops, selective willingness to average down if needed, strong willingness to considerably average UP if I see the opportunity). So if I believe in my upside target, I am quite honestly going after it and have strong willingness to sit thru heat and let my concept play out (if it does, that is).
Very Important to note: while members will often see that when I do participate in intraday action, I’m pulling 600-2000 on ES in the community wins tab, what they don’t see is that I sit through drawdown almost every single day before the end result. In return for a very favorable session, I’m willing to lean in. Like I said, I am OK with this because of my own personal situation (not married, no mortgage, no kids, no debt).
Intraday Trading is not suitable for everyone (and some are best off using just my investment DCFs), and I have to make this disclaimer many, many times. I am happy to share my thinking. I would strongly discourage simply blindly copy what I’m doing until you understand why I’m doing the things the way I do.
Lastly, allow me to be extraordinarily selective with any commentary at all, especially as we are in a fragile environment. If I see NO good setup, I will say Nothing. This must be respected.
My silence may be unfamiliar to some, but at some point in the future, they will later understand that sitting on your hands until the fat pitch appears is ALWAYS the best move.
Socials (where I share more education on trading in Instagram Reels): https://www.instagram.com/larrycheungcfa