This market environment is like no other. We are seeing some of the worst economic conditions of all time. Record high unemployment numbers. Hundreds of thousands of businesses shut down. But yet the stock market doesn’t care. The market has been on a non-stop, grinding uptrend for the past 2 months. It doesn’t make sense. …
Read more3 Day Trading Strategies to Use in the Current Market Environment
This is an incredibly unique period in history. One of the best markets for trading I’ve seen in years. Regardless of how irrational the stock market rally of the past couple of months might seem, we as traders don’t need to be concerned. We just focus on momentum and trend each day. That is the …
How can you maintain confidence when you know there is always a chance you could be wrong on a trade? Many traders struggle to maintain confidence with their methods, even when trading a proven strategy. This results in self-destructive tendencies that cause huge losing streaks, which often ends in a blow-up. Hesitating on pulling the …
Read moreHow to Build Confidence in Your Trading to Find Consistency
SPY gapping down after-hours after Amazon selling off from earnings report. Watch for a fade if we cannot hold the 9 EMA. Get Early-Bird Pricing Our Next Live Trading Boot Camp! Learn all the trading strategies we’ve been using for 2 decades in our Live Stock Trading Bootcamp. Only the first 10 applicants will receive …
Overbought markets offer some of the best day trading opportunities. The best day trading strategy to use in overbought markets will involve short-selling, since this will allow us to capitalize on the stock when the stock declines in value. The specific pattern is what I call the “Rubber Band Short”. This is one of the …
Read moreThe Best Day Trading Strategy to Use in Overbought Markets
When you jump into trading, you are essentially committing to launching a small business. And you are the CEO. And every new trader is looking for free trading tools. One of the most common questions we get: How do you keep expenses low when you are starting off? Makes sense. Why would you want to …