Today we shorted $car for a small gain. I wanted to review the trade. There are two types of gap fills that can happen in stocks.. both types of gap fills make for profitable trades. 1. Gap fill thats occur on the daily chart that occurs after a period of time, not in a single …
I got a couple requests for me to go over my MNST play on friday and how I knew the play was going to bounce. The honest answer to this is.. that I didn’t know. Sometimes trading is about feeling the stock. Thats why seasoned traders often can make trades that us newbies will never …
We traded TUMI and BSFT in the chat today with decent gains. For new members these type of setups are our bread and butter plays. So I decided to dissect intraday setups on a 5 minute chart.Please click on the charts to see notes and setups.
I wanted to review my trade in $HALO today. Anytime you find a strong stock based on earnings or news it makes for a great intraday trader. The way that I like to play these is obviously to look for an intraday setup to buy, whether that’s a flag or a flattop/consolidation breakout. $HALO was …
Read more$HALO Trade Review – Trading Intraday Momentum Stocks
Here is a trade we did in $GDOT last week. This is a type of earnings play that we do each day during earnings season. Earnings season is my favorite time to trade, as we see a ton of these setups. $GDOT had a big gap down on PR/earnings. Usually a large gap of any type …
Read more$GDOT Trade Review – How to Trade Earnings Breakdowns
Here is trade we did in $AMRS. This was a PR/Earnings breakout setup. Due to a press release, the stock gapped over key resistance levels on the daily. We entered this stock: Bought: 3k shares at $3.77 Sold: 2k shares at $3.9 Sold: 500 shares at $4.00 Sold: 500 more shares at $4.17 Email me with any questions …