Traders, It continues to be a unique and exciting trading environment, and as always, I look forward to sharing my thoughts and trading plans with you. Like last week’s watchlist, I’ll share my plans and general thoughts for both small—and large-cap stocks, given the opportunity set and where I am seeing success. Regarding my trade and opportunity reviews, I only … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of August 19, 2024
Traders, It’s a unique and exciting trading environment, and as always, I look forward to sharing my thoughts and trading plans with you. Given the action last week, let’s review plans for both large-cap and small-cap stocks for the upcoming week. Starting with plans for large-cap names. A Pullback in SOXL This idea can be expressed in many different ways, … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of August 12, 2024
Traders, It’s a unique and exciting trading environment, and as always, I look forward to sharing my thoughts and trading plans with you. Critical Adjustments and General Market Thoughts Last week was a week for the books regarding the market’s volatility, sheer range, and price action, especially several leading mega-cap stocks and ETFs. Regarding mindset and adjustments, it remains a … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of August 5, 2024
Traders, Right before I discuss my top ideas for the week, I wanted to briefly mention an important observation. An elevated VIX, as we currently have, is extremely different from a subdued VIX. When the volatility index is trading at elevated levels, swing trades become more risky as significant overnight directional gaps become likely. Move2Move type trading, along with trading … Read More
Are trading chat rooms a waste of time?
“Meaningful work and meaningful relationships aren’t just nice things we chose for ourselves- they are genetically programmed into us. Working effectively with others is critical to getting what you want out of life.” -Ray Dalio, founder Bridgewater. These days, anyone can connect to a trading chat room, a chat where trading ideas are shared. But do they really help? What … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 29, 2024
Traders, Last week, the top trade idea that I shared in IWM played out extremely well and was my best swing trade of the week. In my latest Inside Access meeting, I reviewed it in detail, going over my executions and thought process. So stick around as I share my top ideas for the upcoming trading week. I’ll go over … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 22, 2024
Traders, I’ll be sharing my top ideas, thought process, and precise entry and exit plans with you for the upcoming week. Now, just before we get into that, some important reminders. Earnings are getting underway, and this week, several market giants, like Tesla and Alphabet, reporting earnings. Last week was driven in many aspects by breaking news and headlines, … Read More
Elite Traders Kryptonite (Shocking!)
What if I told you some of the best prop traders experienced periods of awful trading? I might go so far as to say their results were awful during specific periods. They lost money. They made unforced errors. They lost confidence. You might have periods in your trading where you conclude you are terrible. You wallow in despair that you … Read More