Every day there are hundreds of stocks that are gapping up or down before the market open. You need to have specific criteria in selecting the stocks that you trade every day. It is quite simple what you are looking for: You want to be in stocks that will trend. So how do you find …
Read moreTrading Earnings Stocks | Finding The Right Gap Plays
The market is at a key inflection point that is setting up to give us a monster setup soon. Heading into the final day of the trading week we sill have no resolution of breakout or breakdown at the key 50ma/9ema level. Breakout or breakdown of this level either setups up a post July 2016 …
Read moreFree Report: Post Selloff Trading Plan and Analysis of Two New Swing Entries
It’s no secret that trading is one of the hardest endeavors you will ever undertake. 90%+ of the people who try this do not succeed. So what do the winning traders do that the rest don’t? Winning traders develop winning habits. Here are 5 habits that every successful day trader does. 1. Wakes Up Early …
Oversold Bounce and Exploiting Fear Opportunity in the stock market often presents itself at the most difficult time to trade: during big market pullbacks after a big run up, when there is extreme fear in the market. While good traders go into predatory mode and pounce on the clear market signals during this time, most …
Read moreThe Anatomy of an Oversold Bounce Trade: Exploiting Fear in the Market (Winning TQQQ Trade)
I have been trading stocks for almost my entire adult life. Trading is my life’s passion, and I have made about every trading mistake you can think of during my career. Here I am sharing the most important trading lessons I have learned over my career so that you don’t have to make all the …
Read moreTop 7 Trading Lessons From Over A Decade of Day Trading Stocks
Friday may have been our “max pain” day, as SPY made a big down move to the 200 day moving average before reversing and putting in a major hammer the likes of which hasn’t been seen since January of 2016. We added index play TQQQ at the end of the day in preparation for a …
Read moreHow to trade an extreme market pullback (Weekly Swing Trade Report)