Whenever someone starts their trading journey, the temptation to join pump and alert rooms may be high. The intense attraction to them might stem from the ‘comfort’ you may think you have following someone who seems ‘reputable’ and is making money day after day. In reality, you are just making your fear of losing on …
Read moreHow To Find Your OWN Trading Strategy to Find Consistency
This market environment is like no other. We are seeing some of the worst economic conditions of all time. Record high unemployment numbers. Hundreds of thousands of businesses shut down. But yet the stock market doesn’t care. The market has been on a non-stop, grinding uptrend for the past 2 months. It doesn’t make sense. …
Read more3 Day Trading Strategies to Use in the Current Market Environment
Overbought markets offer some of the best day trading opportunities. The best day trading strategy to use in overbought markets will involve short-selling, since this will allow us to capitalize on the stock when the stock declines in value. The specific pattern is what I call the “Rubber Band Short”. This is one of the …
Read moreThe Best Day Trading Strategy to Use in Overbought Markets
The stock market can seem random and chaotic. In order to consistently profit from day trading stocks, you MUST use day trading strategies that have an edge. Many traders fail because they trade strategies that don’t have positive expectancy. This means that in the long run, they always lose money because their day trading setups …