Earnings season is one of the best times of year to be a day trader. Every day there are dozens of companies gapping up and down in reaction to earnings reports. There are dozens of companies on your scanner everyday during earnings season. So how do you narrow them down and find the best ones …
Read moreStep By Step Guide On How To Pick The Right Earnings Gappers
There are many great free trading resources out there that can contribute significantly to successful trading. If you’re a new trader looking to keep expenses low here are 6 great free resources: Finviz.com: Pretty much has everything you need for researching stocks on one site. Has daily percentage gainers and losers of all listed stocks, …
Timing the trend change and profiting from it is easier said than done. If you cannot manage risk and cut a loss quickly it’s very possible to blow up if you’re being stubborn on the wrong side of these strong trends. If you can manage your risk and know how to time your …
Fear is responsible for around 90% of the mistakes new traders make. Fear will usually manifest itself in three different forms in trading: Fear of losing money, fear of missing out, and the fear of uncertainty. Here are three ways you can combat these fears to help you take your trading to the next level. …
Trading Questions Answered What is the best indicator and how do you use it? Keep in mind that there are absolutely no holy grail indicators. Rather, indicators are used to confirm price patterns and assign probability to what we’re looking at via price setups. My favorite intraday indicator is the VWAP, the volume weighted moving …
Read moreFan Questions – Trading Questions From YouTube Answered
Quick Summary: The Market Key SPY Pivot Levels: 198.20 : new high resistance, 196.58 20 dma, 193.23: 50 dma Under the Hood and Trading Game Plan: I was not expecting the move on Friday. Sure, I thought we could get a remount of the 20 dma, but I didn’t think we would also retest the highs. …