Simon says touch your nose Simon says grab your ear Simon says get long $REE Get short $MCP … you lose! If you can learn to play Simon Says your trading will improve. If you listen to what Simon (your screen) says you will increase your chances of becoming a consistently profitable pro intraday trader. When you listen to the … Read More
57 level..deja vue (HOT)
Jeff Davis @Shaq48_Trading
Traders Ask: Stocks In Play of a Basket?
Question: Hello Mike, My question concerns mostly to stock selection and tactic of monitoring the market during the trading session. I’m thinking about it a lot last time and I’m very interested in your opinion on that. There are always a lot of opportunities on the market, especially during the earnings season. So we have 2 choices: 1) The first … Read More
Kicking Around On a Piece of Ground: Embrace Trading Success in Your Hometown
“Ticking away the moments that make up a dull day You fritter and waste the hours in an offhand way. Kicking around on a piece of ground in your home town Waiting for someone or something to show you the way.” Makes me wonder if someone from Pink Floyd tried being a remote trader. Trading from home alone is both … Read More
Traders Ask- GD Trading
Hi Mike, I am hoping for your insight on a trade I’m making today. My uncertainty in this trade it typical of what I find in a lot of my trades. I am trading GD as a second day play. My thinking is that the sell-off yesterday was overdone and that it ultimately held important support at 73. I was looking … Read More
What are your trades in MON?
What are the intraday trading opportunities from MON on the Open? First we have to indentify the patterns that are worth our attention. And then we can hammer down on how best to execute. From the chart below what trades makes sense to you. Be back later with some thoughts of my own. Hint: during our AM meeting we identified … Read More
Trading lesson from the NYC bus system (ANF)
What the heck does the NYC bus system have to do with intraday trading? Think about it…. is the best way to start your day waiting on the corner for the bus or running down the sidewalk trying to catch the bus? I choose patiently waiting for the bus. If you want to make it as a intraday trader you … Read More
KISS – GD Trade
My KISS job description of day trading: “Figure out what they are buying or selling and then find an entry”. I come to the screen everyday with that thought firmly implanted and visualized. Find something they are buying and get long; find something being sold and get short.. simple. I mean even Forrest Gump could understand that. I don’t allow … Read More