QQQ 50 MA bounce. Bulls want to hold this range, bears want to break 50 MA and stay below. Without any geopolitical news QQQ likely holds this range until tech earning reaction. Follow me on X/Twitter for real time trading setups @szaman and on StockTwits @szaman. Watch us trade these stocks LIVE, in real-time. Click here …
Different types of trading methods require unique sets of skills. This doesn’t mean that you can’t be a day trader and hold long-term positions in stocks as an investment as well. It does mean, however, that the way that you go about picking what you’re going to invest in is usually completely different. In fact, …
Read moreThe Key Skills Every Swing Trader Has & How to Develop Them
Ugly reversal intraday giving some awesome opportunities for active traders. QQQ right on 50 MA. Bulls need to step and defend here else things might get volatile again. Job numbers in the morning, ideally some bounce and reversal back. Follow me on X/Twitter for real time trading setups @szaman and on StockTwits @szaman. Watch us trade …
Swing trading is where you hold a position in a stock for a number of days or weeks. As with any form of trading, the objective is to earn a profit. Who can truly reap the benefits of swing trading? Should you be into swing trading even if you’re primarily a day trader? These are …
Read moreWhy You Need to be Swing Trading – Benefits of Swing Trading
The FED is a term that you’re going to hear in the trading world quite a bit. Before we move on, then, what is the FED? The FED stands for the Federal Reserve System. At least in trading, when you hear that term, that’s what it’s referring to. The Federal Reserve System is in essence …
A gap down today and consolidaton and grind in the market. The bulls did step in and defend the supports. There was 0 follow through on the short side and grind on the long side it was tricky! There are pockets of heat in GOLD and ENERGY names. Here is the econ data for …