SPY 20 MA defended on Monday and another wedge breakout Tuesday. All is well for bulls over 20 MA. Watch list names, BYND, CRWD gave some huge trading opportunities . Earning season is in full bloom. We will be mostly focusing on earning related names in chat room. Amazing range on some these earning plays. …
Not the best looking candle for SPY on Friday. Spy barely holding short term support 8 EMA. A break below might test 295 and 293.50 gap fill area. Here is my stock watch list for 7/22: We just launched a brand new website with brand new day trading and swing trading chatrooms. Here is a …
We’ve gotten some great feedback about our new day trading chatroom so far!! I’ve gotten some requests to do a trade recap of some of my recent trades. So here is a breakdown of some of the trades I took yesterday, and an overview of my thought process behind each trade: $JNUG: Nailing it Long …
Read moreBOWS Day Trading Recap 7/19: $JNUG and $CRWD Analysis
Slight pull back in the Market. Nothing worrisome, needs to base around over 8 and 20 day MA. Regardless of the Indices, individual stocks keep on rocking. ROKU alert was triggered at 105 and ran to high of 113.94. Sometimes , all you need is that one great trade! Slim picking going into tomorrow as …
It’s no secret that trading will be one of the hardest endeavors you will ever attempt. What makes it so difficult is not that the system is rigged against you, or anything external. Most of the issues all lie within your self. Hindsight bias is one of the most common psychological issues that stop traders …
Read moreHindsight Bias: The Reason Why Your Trading Isn’t Improving
What is the first thing new traders need to do before getting started trading? Get an education. In some ways, trading is no different than any other profession. It takes 8 years to become a surgeon. They go through rigorous education and training before they ever even touch a scalpel. In trading, you will lose …