Week in Review: December 11-15, 2023

by | Dec 15, 2023

It is crazy that we only have 2 weeks left of trading to wrap up 2023. It has flown by. The trading conditions the last few weeks have been pretty amazing. Everyone in chat is sharing great ideas and plans and with all of the new scanners we have added it really makes for great place to spend each day trading.

The blog sale this week is an annual IU membership and I have added in 2 bonus months so you have plenty of time to get up to speed with everything. http://investorsunderground.com/s/Zp2Cz/

 

PSTX Failed Follow Through

I try to post at least one of these charts a week. It is one of our A+ setups.

 

ADTX Bias Flip

Nate started in long and rode this up in the morning. You sell when you believe the momentum has started to fade. If momentum is starting to fade why not flip to the short side and ride it back down.

 

ACAD News

T530 brought the news to the chat that they had won a summary judgement.

 

FRGT News

Just about any headline with Amazon in it will bring a crowd. This was a nice slow builder.

 

BRSH Key Levels

I wanted to share this one as the key levels played out almost perfectly each time.

Have a good weekend.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course