Here is our webinar from yesterday with Paul! We spent the hour talking about his trading style and part time trading. We also spent some time analying some recent trades that he had done in $YELP $BWLD. We took a winning trade & a losing trade and dug into the anatomy of them! As many …
Quick Summary: Lots of meaningless bounces or holding the line today. We continue to watch the 5 categories of stocks and sit on our hands for the most part, occasionally taking a stab at a position. I added BWLD today. The Market Key SPY Pivot Levels: 198.20 : new high resistance, 195.52 20 dma, 191.84: 50 …
Small bounce day in the market. However, bounce in momentum names was not very impressive.Most of these stocks are on price or moving average support and today seems, just a dead cat bounce as price printed an inside candle, where ,although stocks were positive but price remained within yesterday’s range in indecisive manner . Tomorrow …
Here are the stocks that fit each of the categories we are watching over the coming days. Click on symbols for charts. There are a lot of stocks, more than what would be on a normal focus list. These are being monitored, so we are not necessarily looking for entries yet. 1) get extremely oversold …
Let’s go off script today. This discussion is based off the webinar and emails that I have received. First let’s talk about losses. Embrace Small Losses Some of you are having a hard time dealing with losses. To become a successful trader, you MUST be able to deal with losses. This is not exclusive to …