Search results

Join me today to get my tips for trading next week's markets, free. I'll login early at 9:30am for Q&A plus ask for my take on charts you're following: https://trademastery.com/et/ Get candid, actionable tips

Great thread, last week was nuts. Had a mix of wins and stops, nothing big either way. I found it useful to trade small size frequently, and did both day and swing trading. This is a market to hit and run in, taking a lot of small shots, especially since overnight gaps are so f'ing...

Dead cat bounce algo short squeeze, will be interesting to see what happens Monday. Went mostly cash into weekend since unpredictable swings Likely rally mon tue to suck in wannabe dip buyers, possibly up into wed, then virus headlines take it back down end of week I would be surprised if...

I understand your point, but that's a popular misconception imho... cheap low float under-$10 stocks are notoriously difficult to trade because of their inconsistent pop-and-drop price action and small ranges. Plus you have to trade larger size which means more risk. It's far smarter for small...

I see your point, though it's like hot potato, who gets out before becoming the bagholder at top..... it's overall a dishonest, misleading approach to chatroom training, because traders are in a phony, manipulated environment that doesn't teach them how to really trade. Those operators can also...

Which is why Bernie wants a .5% ftt. Ugh

Great point -- front running cheap under-$10 low float thinly traded stocks is an old scam being done by mostly young crop of wannabe daytrading guru conmen. Traders don't realize the deviousness of the scam... the room operator looks like a hero because when he picks one it usually will run a...

https://www.cnbc.com/2020/03/13/oil-rebounds-5percent-as-trump-says-us-will-purchase-oil-for-strategic-reserve.html?&qsearchterm=trump%20oil I bought UWT GUSH OXY

Bounce in oil UWT GUSH OXY and a couple others

Gummint artificial meddling, rate cuts QE bs artificially propped up markets. Temporarily. That's why I called a mkt top here publicly Jan 24, since TVIX 1yr high volume told me selloff was coming. Govt meddling in the market usually ends badly. Forecast dead cat bounce Mon-Tue, and unless...

I love trading leveraged & inverse etfs, reminder sec is considering limiting our ability to trade them, they're taking comments til March 24, sound off, see proshares site at www.fundcomments.com I hope we'll be able to keep trading them, especially inverses. See...

This is definitely different, according to epidemiologists. Both the panic and reality of high mortality has butterfly effect that disrupts life. People will be in defense mode, living in fear, spending less til year's end. But on the flip side, it's perfect timing to stay housebound and...

Interesting to see reversal from premkt bull back to bear action this am. Will be mostly cash into the weekend, because it's a coin flip re next week if dead cat bounce or selloff continuation. Will hold small shares NUGT UWT SQQQ UVXY TQQQ SVXY hedges etc, could gap either way Monday

Thanks, you make great points. Right re decay/contango on inverses/leveraged. Good idea re futures & puts. Especially if the SEC passes their pending resolution to limit 3x and inverses coming up soon, see proshares site, www.fundcomments.com

It depends on the day, sometimes I trade live, other days I am mostly pointing out lots of alerts so I can focus on teaching more than trading. I never trade all the alerts I point out; there's many I cover. That's one reason my live market training has been so popular this last 20 years with...

Markets will continue down with dead cat bounces for months. I think best trading setups are: a) slowly swing trade, scale into inverses like SQQQ SOXS SPXS SDS b) daytrade bounces on charts with wide range 2day charts like I did in NUGT today.

Live real trades in real time, I screencapped them w P&L proof, ended up $600 profit, worked too hard for it tho... super small risk and stops Overall I am very pleased given it was a non trending whipsaw day 100% transparency, every trade today

join me today at 3pm, see how i traded, up +$646 trading NUGT DUST VXX SQQQ etc.. FREE :p click: https://attendee.gotowebinar.com/register/8171906145940208898

Also doing hedges, eg bounce in TQQQ vs breakout in SQQQ, ditto gold JDST vs NUGT. Up just $490 so far today. Have open orders to scale in UVXY SQQQ VXX if they go up, with OTO trailing stops.

bingo -- hence my dilemma. my thinking was, like the dem primaries day before, knowing trump was gonna talk is a wildcard; mkts could've flipped either way, so i bet small. good point!