No one likes to admit they were wrong. Especially when you spent hours planning that trade, and you know that the company is undervalued. Inability to keep losing trades small is the most common trait of failed traders. Risk management is an essential component of a successful trader. It is even more important than having …
Read moreEssential Strategies For Keeping Losing Trades Small
October was a historically bad month. The S&P 500 index ETF “SPY” was down 7.5%, starting the month at $292 and ended at $270. Ouch! This type of market is rare, but when it happens you must have a “go to” game plan for how to trade during the move and prepare for next move. …
Read more10 Stocks That Crushed The Market During the October Blood Bath (Relative Strength!)
October has historically been a bad month for the stock market. What we are seeing this month is a bad month compared to recent years when we have had a non-stop bull market. But for momentum traders like us, times like this is when we make the most money. More volatility in the markets means …
The first half of 2018 was all about the FAANG stocks. That’s Facebook, Amazon, Apple, Netflix and Google. In fact, not only did they lead early in this year, they’ve lead for the last 5 years. If you’ve been in these stocks, you’ve been crushing the market. It didn’t matter which one you picked. For …
Read moreHow Do We Trade FANG Stocks If The Market Bounces (Amazon and Netflix Are In Play!)
This earnings season is very unique. For the first in around 10 years, we have stocks reporting earnings during a major market correction. There are signs of a major trend change in the overall market trend, which has been in a non-stop bull market since 2009. You are going to see a lot of similar …
Earnings season is the best time of year for momentum traders. Every day there are dozens of stocks gapping up and down in reaction to quarterly earnings reports. With earnings season right around the corner, now is more important than ever to know how to master earnings plays. For this reason, we made you a …