You see traders everywhere on social media talk about how “$XYZ was A+”, “or $XYZ was the opportunity of the year”. But rarely do they ever tell you the criteria that actually MAKES the setup A+. Every trader will have a slightly different definition of an A+ setup. Today I will talk about what an …
Ever had a stretch of days or weeks where you couldn’t put on a winning trade to save your life? It gets to a point where you feel like the market makers are rigging it against you on purpose! This where 90%+ of new traders’ careers end. They give up on the first drawdown. They …
Most traders on social media pretend they don’t make trading mistakes. It’s all big PNL’s and winners. With two decades of trading and working with 1000’s of traders, I can confirm that every single trader makes mistakes, usually on a weekly basis, no matter how experienced or profitable. The difference between successful traders and ones …
Range bound SPY action not ideal day trading conditions. Right now we are seeing distribution in SPY and other major indices, and the chop has been frustrating at times. There were still opportunities, but not as many A+ setups as we were seeing earlier this month during peak earnings season. Here is a recap of …
What is Pre-Market Trading? Pre-market trading is the period before the stock market opens in the morning, it typically starts as early as 4am EST for the most liquid stocks and ETF’s. Most stocks will start to see volume come into them around 8am. Pre-market ends at 9:30 AM when the stock market opens. The …
Read morePre-Market Trading Guide: How to Trade During Pre-Market and After-Hours
Swing trading and day trading are the best style of trading for making large returns in just days or weeks. They do come with more risk and difficulty than long term investing and the traditional buy-and-hold. But the reward of executing these two styles of momentum trading correctly can exponentially grow a trading account. In …
Read moreSwing Trading vs Day Trading: Pros and Cons Of Each