Marijuana stocks have been hot the past couple of weeks. We took some trades on several cannabis stocks in the past week, capitalizing on the sector momentum. CGC, CRON, TLRY were a few names we traded recently. So how do you find sector momentum plays and how should you trade them? In our latest video …
Earnings are one of the strongest catalysts in trading. This catalyst will have the attention of investors on all time horizons. Long term investors, swing traders, day traders, and everyone else will likely be entering and exiting positions at the open after quarterly earnings are announced. You can get strong trends for day trades and …
Read moreTrading The First 30 Minutes During Earnings Season
Bitcoin recently had a huge breakout at the 5000 level. Several altcoins made big moves in sympathy to this breakout in the past week. The main altcoins that we trade in sympathy to Bitcoin are Ethereum and Litecoin. Our chatroom was able to capitalize nicely on a Litecoin breakout in sympathy to Bitcoin, and here’s …
Without a proper plan, trading is a tough game. But when it’s treated as a job, like being a doctor or a lawyer, the finish line to success can look a lot easier. Here are 7 hacks all traders should use to start winning as a trader faster. 1. Focus on Your Key Setups As …
Momentum stocks will often have follow through momentum in the following days after a big breakout/ breakdown with the right catalyst. However, you don’t want to blindly buy and short an in play stock from the previous day. Here are 3 steps you should use to evaluate the probability of a stock having follow through …