Account blow-ups can happen to any trader of any experience level. Not going to sugarcoat it: It’s one of the most demoralizing experiences you can have. Losing all of your money in your trading account. When I was a new trader in the 2000s, I blew up 3 times! Consistently profiting from the markets is …
Read moreThe 4 Most Common Reasons of Trading Account Blow Ups
Range bound SPY action not ideal day trading conditions. Right now we are seeing distribution in SPY and other major indices, and the chop has been frustrating at times. There were still opportunities, but not as many A+ setups as we were seeing earlier this month during peak earnings season. Here is a recap of …
The short sale rule is one of the most pointless rules in the stock market. But you have to understand what it is as an active stock trader, as it has a big effect on how a stock trades once it gets triggered. Today we will talk about what SSR is, how stocks tend to …
Read moreHow to Trade Stocks with Short Sale Restrictions (SSR)
SPY following through with breakout. Strong market and so many actionable trading setups! Our watch list names continues to do well. TTD,FSLY,DBD some of the runner on Friday. Here is my stock trading watch list for 7/29: If you want to trade with us,we just launched a brand new website with brand new day trading …
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 …