Today we hit $GRPN for a 4.25% gain. There are two types of Red to Green plays: 1. Major momentum stocks from the day before that wash out in the morning and then move red to green. (e.g https://bullsonwallstreet.com/invn-how-to-trade-red-to-green-moves/) 2. Stocks that have been beaten down and are now coming off a bottom. (e.g $GRPN) …
The definition of a slump is “to fall or sink heavily, to decline suddenly, to perform poorly…” If you have been trading longer than a few months, then you have probably experienced a trading slump. Everyone has, right? Even baseball players get into slumps. Albert Pujols, one of the all time great hitters in major league …
Today we took qcor short and I wanted to outline the trade and give you my thoughts. The thing that I highly recommend, especially for new traders when shorting, is ONLY shorting breakdowns. Never try to short strong stocks and never try to short bounces. Often times we will nail the entry on stocks breaking …
Today we traded $GERN in the chat room for $280 in profit. Here’s a review of what I saw in this stock and why the trade worked. There were three things I liked about $GERN when I was scanning: 1. Multiple taps of $1.56 2. Gap fill at $1.56 (typically when a stock starts to fill a gap on …
I had been watching $TNGO for a few days because I knew it had squeeze potential. The stock was beaten down hard on the daily due to the lovely ladies at Streetsweeper issuing a hit piece on it last week. The pattern that developed this morning in it is one that we play a lot …
Breakouts are probably the easiest trades for new traders. Breakout trading is a very simple concept and one I thought I would mention again because these are the easiest types of plays out there and ones you definetly don’t want to miss. We took both of these trades (SCI and RYL) and made nice profits off of …