Kunal Desai In our Bulls On Wall Street Bootcamp, we teach our students a variety of actionable trade setups. One of our most popular setups is the bull flag pattern. A bull flag essentially needs three vital components in order to be considered a valid setup. It needs a pole, high relative volume, and sideways consolidation. A …
Earnings season is our favorite time to trade. It’s when traders can experience some wild moves for some of our biggest winners of the year. On April 17th, NFLX announced its quarterly earnings. Now a good earnings report would cause the stock to gap up strong. But NFLX opened flat, which means this stock wasn’t …
You’ve heard this advice before. Almost all successful people have had some kind of role model to show them how it’s done. I’ve had a mentor too, Paul Singh, and I wouldn’t be here today without him. Here are some of the best reasons why I believe having a trading mentor is a good idea. …
Getting Started Before setting up your trading platform, you need to realize that the most important aspect of a stock is its price. So the first thing you need to set is for your chart to display candle bars to represent the action of the price. Amateurs use a line graph, but professional traders use …
On April 13th, AAOI gapped up more than 10% on company news. But the news was just fluff! So after the jump the stock faded the entire day dropping from $50 to $45. This jump formed a gap fill area for AAOI between its April 12th’s close at $40.82 and April 13th’s $45, a $4 range. …
All traders have started from somewhere and most get help along the way. Most traders learn from mentors, teachers, or from family members. And this isn’t a coincidence. There are many advantages to being part of a trading community as opposed to going at it alone. It can cut down on years of development time …