Volatility still proving to be the only for sure in the market this week. We rebounded nicely the past 2 days in the markets which made for some great trading. If you take a look at the $spy chart, note the volume on the rebound. It is much less than the sell off volume. Possible dead cat bounce that we are experiencing here so be careful holding onto a lot of longs overnight. The alerts in the bulls room totaled $553 today.
The great thing about being a momentum day trader is that you can capitalize on all kinds of market moves. Being able to make money consistently is possible but it takes hard work and a solid trading system that you know works. If you belong to the Bulls chat room and see me, Kunal, Szaman and others trade you know the system works. You can watch every single day as we call out profitable trades in real time If you aren’t a member yet, you can join us in the Bulls chatroom, which has a live audio and video feed, a great community of traders and killer stock picks! http://
As you can see, we dont put huge capital at risk . We keep our losses small and minimize our risk by making sure we take a manageable position size on each trade. Small gains add up to big weeks! We try to trade small but trade aggressively and add those gains up over the course of a week. With our bulls silver program you can daytrade with as little as 2500 dollars. Most of our positions are in the 7-10k dollar value per position which is perfect for the smaller trader trying to grow their account.
Our upcoming boot camp starts July 9th and is better than ever. Learn how to be profitable in any market and to grow a small account! We teach you everything from risk management to scanning to trading strategies. The class is one of a kind. See what is taught in the course here and email me email@example.com if interested in signing up!
SPY- possible dead cat bounce
CSIQ- hot secotr, breakout watch
NKTR- hot sector today, breakout watch
ISIS- flagging after big run-up, looks like it wants more
ACAD- nice bounce today, continuation through $18 tomorrow
FNSR- bull flag
BBRY- breakout through 15 should send this one