Week in Review: March 23-27, 2020

by | Mar 27, 2020

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 getting started in trading this is a great time to learn. Start with our free video series and then send me an email and we can put together a game plan for your situation.

This week was another wild one. Range is unreal and if you miss a trade just wait about two seconds and you will have another.

 

TNXP Scan and Trade

If you aren’t signed up and getting Nate free scans on Sundays you are really missing out. He put TNXP on it and shorted the pre-market ramp and rode it down.

 

 

MRNA Live Broadcast plan

Nate goes over his game plan each morning during his pre-market broadcast. It gives everyone a chance to dial in their plans for the day and then just execute the trades when they are ready. Similar plan to the TNXP trade to short pre-market strength and cover shortly after the open.

 

 

BA Stimulus News

Great to have Stapes back with us. He was first on getting the news that BA was getting a ton of money into the chatroom. $29 in 1.5 hours with zero headaches.

 

 

MAR Relative Weakness

On big green days it pays to keep an eye out for names with relative weakness vs. the total market.

 

 

TOPS Former Runner

Friday we wrapped up with another TOPS run. Cody was all over it and giving running commentary on his several buys and sells.

Have great weekend! Reach out if you need anything. [email protected]

 

 

 

 

 

 

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Your email address will not be published.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