Slow low volume late summer trading market. Not easy to do day trading out there unless you have a good strategy. Not much liquidity to sustain any momentum either way intra day. I expect this to stay like this until after Labor day. Most plays are day trading intra day momentum names on news and earnings , we are nailing those in chat both long and shorts. Its important to learn trading technique and strategy where you can day trading or swing trade both ways. Learn to read the chart both ways use proper day trade tools and have your alerts set! Nice range today on names like SUNE,OMER IQNT, EVOK and ESPR, we were mostly busy trading those all day in chat. Hit and run trading out there. Make sure to take profit quickly and use stops. As i mentioned earlier lack of liquidity will make trading choppy and directionless in most names.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
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