Simple Day Trading Strategy For Earnings Plays – $IRBT

$IRBT was an earnings play that gapped up big on Wednesday in response to better than expected quarterly earnings results. The move in the stock Wednesday morning after the market opened  didn’t really offer a great setup to get a good risk vs reward entry point. It happens. Not all stocks will set up and …

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How to Day Trade Momentum Sympathy Plays

This summer has been one of the best markets we’ve seen in years. Usually summer trading is slower with fewer opportunities. This summer has not been the case. Chinese IPO’s like IQ, HUYA, and BILI have offered monster opportunities consistently the past few weeks. In the trade recap below we will talk about how to …

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How To Use A Trading Journal To Find Consistency

You will never find trading success without using a trading journal. If you don’t document your trades, you will not be able to learn from your mistakes and grow. We thought it would beneficial to talk about how you should use a trading journal to find success. Here are 3 things new traders must track …

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CRSP Trade Recap: Trading Momentum On Multiple Time Frames

We recently caught a great trade on CRSP in the BOWS chatroom. When trading momentum stocks like CRSP, you have to plan ahead in order to capitalize because the stocks move so fast. The trade also provided an excellent example of the importance of aligning breakouts on multiple time frames. Check out the CRSP daily …

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