Every day trader needs the right equipment and software. They are necessary tools to perform at an elite level! But new traders get enamored by the big flashy setups professionals have and their suite of software aiding their decision making. So what does a trader REALLY need to day trade? What products and software programs …
Read moreThe Best Trading Equipment and Software for Day Trading
Market pounded yet again. Nasty bid less close below March low. QQQ next physiological support at round number 300, SPY 400. At this point market really needs few days of panic type wash out to find a meaningful bottom instead one up, 2down days and a up day cycle. Hard gap down likely catches a …
QQQ another day where strength was faded again. Clinging onto support here, oversold yet no committed buyers. FB, QCOM earning after hours might give another pop at open Thursday. Not many daily setups to short at the same time, hard to long. At this point, market needs a panic wash gap down, if gap up …
QQQ another trend down day after support break. March low in play but after 3 red day hard to initiate new shorts here as well. But trend is your friend,fading the pop and intraday short setups keep on working well. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman …
Every new trader comes into this world with expectations of lounging on the beach at noon after making 5k, traveling the world with just their laptop, and living financially free forever… Sure, that is all possible, but it will take a lot to get there. Hours of studying, losing, winning, being frustrated, innovating, etc. It’s …
Read moreHarsh Realities of Stock Trading That No One Else Will Tell You
QQQ gap up , rejection of that 348 again and flush. At this point test of March low likely. Broad base selling and no sectors were spared unharmed. Just nasty bid less action. Fading the pop and intraday short setups working well. Ideally if we get a pop at open and fade. Follow …