Please show up in the momentum chat room as always
I will have the log in information for you
Please come 7:50-7:55 and not 8:03 or 8:07PM I’d like to have an on time start for everyone else …
Please post questions below!
I’ve had a recent loss lately to talk about … what I did wrong, what I would do better etc – it’s part of the game I’llt alk about strategy and how to over come that but I’m sure there are other questions, other recent trades etc..
Another one is scalps — for some trades are too quick for people lately — it’s the MARKET we are in it’s not always that way …. but as traders we have to adapt or sit out
Any suggestions for improving psychology and discipline of trades? Took a bad loss on PGFY hoping the promoters could save it.
When a stock starts to channel, should I be ready for a move to either side, long or short? Or is this a low r/r play? Stop being the top of channel if short and bottom if long.
Do you look at recent news for any of the stocks you play? Or is it just the price action you care about and don’t care about earnings, seeking alpha articles, ect?
Sometimes during a wash or a parabolic you announce that you are starting with a small position. So you must average down on certain trades, right? What rules do you follow to contain losses as you scale in and out?
Hi Nate,
Can you please post some links or a quick video on how to best use Das Trader Pro for your trades. Any tricks and tips that have helped you become more efficient and faster etc. Thanks.
Nate, you say: Trade the ticker, not the company. OK. But what about such news as HDY’s on Monday – that Force Majeure cancellation was an opposite from March news which sent stock price down. So the logic would be that the price should recover to some similar level. So why did you (and others) want to short it so “desperately”? Could you please talk a bit how do you incorporate news into your decisions? Thanks
Hey nate i have a question for you about account size. I currently have a 15k account, I haven’t been really building it just been getting paid prop earnings every month. I avg about 500-700 per day with the occasional 1k+ day. I keep my risk to 1% on most trades and at times less. My question to you is the reason I joined IU is to get my game to the next level, where should I be thinking of growing my account to in order to have 2k+ days. What realistically should I am for 30K 40K?