Wondering what it’s like to trade for the first time? As a newcomer to this industry, you have tons of mixed emotions approaching your first day in action. It is normal to be excited, anxious, and confused. All of those feelings are normal on your first day. Diving into day trading can be daunting, and …
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. …