I wanted to start this off with being thankful for the markets and all the IU members that help each other navigate them daily. There is a lot of uncertainty right now but as traders we can do well for our families in good times and bad. If you are thinking about...
Another insane week in the books. Each day felt like it lasted a week as everyone is getting up early to maximize these trading conditions. If you are new to trading this is a great time to be learning. Moves that normally take hours are taking minutes to work...
What a time to be a trader. I can't count how many calls and texts I have received from people worried about my trading because the market is down substantially. They all get answered the same way, that you can make money when stocks go up and also when they go down....
What a wild week. 1,000 point swings up and down everyday. Virus names going crazy and travel names going down the tubes. While most mom and pop investors are not sure what to do, this is the stuff day traders dream of. We are right back into the members having their...
Remember all those things I said the last few weeks about things getting back to normal? Yea, craziness is right back! Really pay attention to your size in the next few weeks because even if you are right one minute it can be a disaster the next and vice versa. ...
Another short week this week but plenty of opportunity. A lot of traders focused all of their attention on SPCE and let it exhaust them trying to find tops/bottoms. There were great trades to be made in it but I didn't include it this week just to show while everyone...
What an incredible week. Not the craziness of a few weeks ago but steady trends with a ton of range on several name that you could trade all the size you wanted easily. Starting with small positions and adding to winners was huge while also keeping risk relatively...
This past week seemed to be somewhat of a return to normalcy after the last 4 weeks of absolute chaos. TSLA ate up a lot of mental capital this week on its run but there were still plenty of opportunity in other names. Trends seemed slower this week but longer...
Another great week to close out the first month of 2020. This week had clean trends and multi-day runs. The Virus-related names gave great opportunities along with the all the normal setups we trade. Like last week there was more short plays then what has been the...
It was a short week this week but definitely not short on trading setups. It seems like every week since I started doing this I always say how crazy the last week was and then when I write a new one it makes the last week seem tame in comparison. From news to...
I am not sure how to describe the market conditions. Incredible or insane are the only two words that come to mind. There are opportunities across the board for day and swing traders. We have a lot of members that are only able to trade for an hour or so each day and...
This week was pretty straight forward with clean trends and stocks reacting to key levels. If you took time over the weekend to find those levels you should have had a great week. Shoot me an email with some of the tickers you traded and I will send over chat logs on...
Happy New Year! I wanted to share some thoughts that Nate wrote on his New Years day scan. A look back at the year and what he wants to do to improve himself this year. NIO ABCD Pattern One of the questions I get frequently if the patterns covered in the...
I hope everyone had a great Christmas. This week was a bit funky with a half day Tuesday and no trading Wednesday. There were still ample opportunities to round out the year on a strong note. A lot of members and moderators had their best year ever in 2019. If you are...
I hope everyone had a great week and has plans for an even better one next week with friends and family. We have an abbreviated week coming with the markets closing early on Tuesday and closed on Wednesday. This week was somewhat of a mixed bag. Opportunity on both...
This week was pretty straight forward with clean trends that often resulted in big moves. It seems like every trade this week, your idea was right, right away or you should be right out of it. I put several trades in this recap with the scan so you can get a big...
