Dear Traders,The markets were destroyed yesterday, with the technology sector QQQ down over 6%. More aggressive hikes are on the way, and central banks all around the world (with the exception of China and Japanās) will continue to raise interest rates. Today, the market found...
Dear Traders,Happy inflation number day! Inflation did not ease as expected in August 2022, with an 8.3% rise showing that the squeeze on consumers remains persistent even when gas prices fell. The market is falling apart as I am writing this newsletter, with the tech...
Some traders focus heavily on technical indicators like the RSI (Relative Strength Index), the moving average convergence divergence (also known as the MACD), or the moving average crossover. There are hundreds, if not thousands, of sophisticated technical indicators out there. Some traders believe they have...
Dear Traders,I had a āmehā trading day with a heavy loss on AMD and a great win on TSLA. You can watch the recap that Brian and I posted here.The market rallied for the second day as investors assess whether monetary tightening (high interest rates)...
Why You Need to Manage Risk Risk management is the science, and often the art, of limiting the losses your trading account may suffer. All professional and great traders lose money. What distinguishes the successful ones from the burnouts is that they manage their risk well. There...
Dear Traders,My apologies for the long absence from trading. I was completely offline at Burning Man in Black Rock City, Nevada. This was my 3rd burning, and it was an amazing experience. The market opened choppy this morning but has stayed strong as I am writing...
What Is Day Trading? As the name suggests, day trading is based on buying and then selling stocks within a single day, and sometimes within minutes or seconds. Unlike traditional investing, which usually involves thoughtful market analysis and long-range planning, day trading focuses on the countless...
The performance problems you have in trading are not caused by anything āout thereā in the markets. Depending on what emotionally-based mindset you are in at a particular moment, you will āseeā your charts differently. Most step into the batterās box already primed by fear,...
When should I enter into a trade? When should I let my winner run and when should I exit all for a small profit? Should I move my stop loss to break even? These questions - and more - are the types of questions you...
One of the first steps to trading successfully is figuring out āwhereā to find a trading opportunity. In this webinar, we will discuss just that. Using volume- and price-based criteria, we will focus on how exactly you can find specific stocks that would be expected...