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re VIX agree it's overdone sub 18, bought UVXY on 2day high breakout today for swing. VIX spike inevitable, trick is timing it. https://www.cnbc.com/quotes/VIX UVXY irresistible down here on multiday breakouts like today

1. Y 2. N

VWAP, like moving averages, is slightly useful -- as a reference point. But not as useful as other signals like mean reversion pivots when it comes to identifying good entry prices.

Trading ideas

Points well taken... from what I can tell, most traders who look for ideas from educators are hobbyists and speculators, not people who are going for a career as a trader in a big firm. I do a lot of training on understanding how markets work each day. Eg how to use market internals like...

I've always avoided get rich type bs pitches when it comes to trading education. Instead I focus on helping traders learn things like: + how to set up a daily trading plan based on watchlist of daily gappers and breakouts + how to use price action setups to enter and exit + risk management...

I like the Eagles "Dirty Laundry" song

For the last 21 years I've trained thousands of traders how to use specific price action patterns combined with risk management strategies for active day and swing trading entries and exits. I have less than no interest in theoretical macro and micro economics or market structure. That's the...

ALF GME SWBI DDD wow. I'm long SWBI overnight from buying yesterday morning

If equities continue down next week I'll scale in aggressively to UVXY SOXS SRTY SQQQ... mostly UVXY. Lesons learned for UVXY Buy the dip sell the rip Don't buy gaps up premkt nor sell gaps down Daytrade morning runs tighten trailing stops at 11 Swingtrade 3day runs

Or, markets will sell and VIX traders will make a fkload of $$$. Look at 1yr UVXY chart, 1 year high green volume bar last wed = start of short squeeze, question is when VIX will spike next and for how long. Wish I knew options, now's a great time. Gl dest and all. Fwiw dest is this...

In working with tens of thousands of traders over 20 years I found these simple truths: You guys undertrade large size with much more expensive stop-loss cost than needed, and do so on marginal setups. It is much smarter to take 10 $100 stop losses than one $1,000 stop loss. Understand that...

Any thoughts on strategies to capitalize I'm the next move in commodities? Lately we've had a lot of bearish pressure in lumber steel copper home builders and gold, for example.... see WOOD X FCX XHB GDX They've all pulled back quite a bit recently and if the market rebounds after this upcoming...

When it comes to trading I've learned that price action is all that matters and common sense means nothing. The big picture stuff that talking heads on TV talk about is often irrelevant and detrimental to short-term traders like ourselves. When it comes to gold I trade GDX and DUST, I'm...

The reason I trade so frequently is because it gives me many chances to get things right. My most profitable days, weeks, months and years have been those in which I've traded the most actively. It's much easier now that commissions are zero. Also, it is one thing that helps me differentiate...

Great idea

I'm no way a perma bear.... earlier this year I've been trading long day and swing trades eg MARA X TLRY dozens more. I do up to 40+ trades daily

good week to be bearish; up today mostly thx to uvxy

I'm tempted to call a top.... But instead I'll buy more UVXY TZA if they go up

I'm also in TZA UVXY