Huge relief rally after SPY managed to hold weekly 200 MA. The bounce was due after 8 down days and multiple indicators was showing extreme over sold conditions. Daily charts showing 8 EMA resistance coming up. After 5% run up in one day things get trickier now. Market can easily have a multi day bounce …
As traders if we stop learning, we die. Okay I’m being dramatic, but at the least our accounts die. It was Henry Ford who famously said “anyone who stops learning is old, whether at twenty or eighty”, and I could not agree more. It is for this reason that I take the last couple of …
Read more11 Important Lessons Learned Swing Trading in 2018 (How We Mastered The Bear Market)
Now that the election is over, the market can get back to business. Business before the election was an epic pullback off highs that made for a historic October to remember (or forget!). However, we are seeing some improvement. The market is bouncing off October lows and as of this morning, has taken out two …
Read moreHow To Swing Trade Post Election Results (Key Levels and Momo Stocks)
Here is my take on the $spy and the market in general. I also go over some of my focus list and an update on the current positions in the focus list. Come check out our FREE TRIAL for our Part Time Traders service. This service is great for those that work and cant monitor the …
Last week I told you about a great trade that one of our students, Tobbi Goulet, recently made. I love talking about the success of my students, as I know the huge amount of effort they have put into their trading accomplishments. That’s why it gives me great pleasure to be holding a Path to Profitability webinar …
Sweet time in San Diego the last week met up with some of my students and good friends like @fousalerts @vray23 @goku (my man noah ) Sasha Clarkin , Justin Jean @rickyroma and more and more! Great town and great folks. Be back in los angeles tomorrow if anybody is around hit me up. …