Once in a blue moon, some type of news comes out in the world in which the market overreacts, particularly for events that can be considered not normal. On April 18th we traded BRZU, an ETF representing the country of Brazil. Scandal in Brazil Now Brazil got rocked by news that their President was involved …
JDST has been on a tremendous trend for quite some time. But once the stock reached $103, it went on an epic tank. Eventually, it reached the 50 SMA on the daily chart with some oversold stochastics on Friday. With all of these oversold conditions, on May 15th I was looking at this stock for …
Read moreDay Trading Gold For Profits On An Epic Bounce Play
What happens when 11 traders gather in one house on the beach and trade together? If you didn’t know, in addition to our live trading bootcamp, we also have a more exclusive mentorship program. This program is a very small group of dedicated traders. I work with them one on one to perfect their own …
Read moreGreat People Do Great Things – Summer Bootcamp With Mentorship Students
Our favorite type of trading throughout the year is earnings season. If you’re familiar with our style, you’ll know that a lot of it is based off news and momentum. Ideally we take the fundamentals, such as company news or earnings release, and marry it with what we know about the stock’s technicals to get …
Read morePost Earnings Drift – Marrying Fundamentals With Technicals
Earnings season is our favorite time to trade. It’s when traders can experience some wild moves for some of our biggest winners of the year. On April 17th, NFLX announced its quarterly earnings. Now a good earnings report would cause the stock to gap up strong. But NFLX opened flat, which means this stock wasn’t …
You’ve heard this advice before. Almost all successful people have had some kind of role model to show them how it’s done. I’ve had a mentor too, Paul Singh, and I wouldn’t be here today without him. Here are some of the best reasons why I believe having a trading mentor is a good idea. …