Day trading is as exciting as it is unforgiving. Look no further than the millisecond-early release of Fed news that resulted in big bets by futures traders and you’ll understand just how fast the market moves. But futures traders at least have the luxury of long-term developments when making deals; day traders must be ready to react …
Hollywood loves a good story. A good story sells tickets. Who wants to see a movie where a well-researched, level-headed day trader makes modest gains with a disciplined investment strategy? In reality, though, renegade trading is more likely to lose money than pay for your next Lamborghini. So what makes a successful trader? Beyond the setups …
Hey guys! It’s earnings season and time for us to start hitting some big winners again! Earnings breakouts are one of our favorite types of trades at Bulls. One nice thing is you don’t even have to scan at night to find setups, as you can pretty much wake up, run a scan for earnings gappers, …
Some momentum names like $YY $SFUN have been selling off for days now. When that happens as a trader, you always need to watch out for a bounce at some point, whether its on previous price or moving average support. Some time you will miss the initial bounce entry but there are ways to trade …
One of the many questions I get from my students is “when can I trade with real money” . Its really the thing on all traders minds. One of the tenets and promises I expect from my students when they take our TRADING BOOTCAMP is that they don’t trade live while the class is on. …
Here is a trade that we took in $RMTI at the end of September. This is my favorite type of trade – you find a momentum stock that has consolidated after a large move and then explodes out of that pattern. If timed correctly, this type of thrust can often give you numerous trading opportunities …