The market is down .6% today, which may not sound like a lot, but is the biggest down day the market has seen in quite some time. This makes the down move seem more significant. Case in point, only 26 of the 117 stocks on my “alpha watchlist” are green today, and many socks that …
Read moreThe Importance of Relative Strength in Weak Markets
The Stock Market is a strange place. You can review charts and prepare for the open for 8 hours, and lose money. You can also roll out of bed at 9:28 AM, open your brokerage platform, buy the first low float small-cap gapping up 50% and double your $2000 trading account in 5 minutes. Overcoming …
Sir Isaac Newton once said “what goes up must come down”. This is a classic third law of physics that we as traders must adhere to. That’s because every stock in the history of stocks that has gone up, eventually comes back down. It does not matter how great the company is, at some point …
Read moreHow To Swing Trade Beaten down IPO Stocks (Beyond Meat)
You may have heard the phrase “Trade the ticker, not the company.” As a momentum day trader, is it a phrase that I live by. Today we will talk about how I use company fundamentals in my trading, and how to emotionally detach from the companies you trade so you can make profitable trading decisions: …
Read moreTrade Tickers, Not Companies: 7 Commandments of Trading Day 3
Money and emotions go hand in hand. Who likes losing money? Who enjoys making money, and then realizing you could’ve made 5x more if you didn’t sell early? Our emotional attachment to money is one of the most difficult components of trading successfully. Kunal always says, “We are not trading stocks. We are trading our …
Read more7 Commandments of Trading Day 2: How to Trade Robotically
This week we will be doing a blog series on the 7 Commandments of Trading. Here are the 7 commandments: Trade With Edge Trade Robotically Trade the Ticker, not the Company The Market Always Punishes Slothfulness Be Humble, Or the Market WILL Humble You Scared Money Doesn’t Make Money You Chase, You Die Today we …