bullsonwallst Do you struggle with feeling overwhelmed by the amount of charts you have to watch each day? Are you struggling with knowing which stocks should be your focus and which stocks are just distractions? (Hat tip to our member Ben Rodts for posting this question in our Google forum) Alot of new traders experience this problem, so …
Major move in the markets today. We broke big support on all the indexes. News from Syria is causing some market turmoil right now. Best to not hold anything overnight until things calm down. This is the best part about being a daytrader is that these overnight gap downs don’t effect you that much. We …
Nice, consistent start to the week for us in the bulls room with $736 in gains! The market was bit of a mess late in the day thanks to news out of Syria. Its still a bit tough to tell what the market wants to do at this point. So far the trendline on the …
An extremely volatile day in the markets today thanks to the FED minutes. It seems that we still have some downside in the indexes before we will get a bounce. Even small cap stocks are looking a bit weak with more downside potential. The afternoon today was pretty un-tradeable thanks to the Fed volatility, however …
Nice pullback in the markets today. We pierced the 50dma on all the indexes which is the area we were watching. Typically a break of a major moving average can cause some panic. It will be interest to see what happens tomorrow. Stay tight with your stocks and continue to trade fast as the market …
Market is stuck in a boring range right now. Typical of the month of August. We had some decent earnings/news movers today that we made the most of, $osir in particular. I’m not finding many great looking setups tonight. The market needs to pick a direction. For now, we continue to play the intraday momo …