The weekend was not kind to the market as the market plunges this Monday morning off already developing bearish patterns. The meltdown is attributed to fears of another lockdown and close of the economy, along with some funny business going on in the financials sector. While we prefer a bullish continuation pattern, the meltdown has …
Day trading rules are not optional. Anyone who is serious about becoming a consistently profitable trader needs rules. Trading is high-pressure game. When money is on the line, decision making becomes difficult. Rules help you perform under pressure and ensures you make optimal decisions. A record number of retail traders have entered the markets this …
The bounce is here, but does it have staying power? That’s the big question after a 3 day free fall to support that was preceded by a historic six month bullish momentum run. As we expected, the market is trying hard to bounce off converging support levels, namely, price action and the 50 day moving …
It has been an insane year for stocks across the board. Tech stocks have been on a rampage. IPO stocks have been exploding. SPY, QQQ goes up almost every day. Learn how to trade IPO stocks. These are some of the best stocks to day trade and swing trade. If you can use the right …
Nighttime is where the real money is made. While you Netflix, someone is up getting ahead of you. They are charting, scanning, backtesting, mentoring. Most traders spend more time clicking buy/sell buttons than they do studying. Real money is made when the markets are closed. Best traders I have ever met spend a small percentage …
It’s all about the coronavirus stimulus. The House, Senate and President are battling over the next coronavirus stimulus package, and the market is loving it. View Post The areas that have been most beaten since March because of the virus and it’s impact on your every day lives are popping today. Hope for some …
Read moreCoronavirus Stimulus Stocks Are Breaking Out (Here Are The Best Sectors)