When it comes to trading, especially with new traders, risk is often an after thought. This is a dire mistake. In reality, risk should be your number one priority. It can help limit drawdowns in both length and severity, and most importantly, keep you from blowing up your account. Famous investor George Soros said, “It’s […]
Thinking in “R” – Making Risk a Priority Read More »
Today was packed with action including a handful of parabolic mean reversion trades. $BALL was the standout with a complete reversal and clean price action. Of course it hit the scans minutes after I stepped off the desk for lunch so I didn’t get to trade it, but other members in the room were able
$BALL Top Opportunity Dissected Read More »
Just after 11am EST, $CVX headline hit that their “huge Kazakh oil expansion may be delayed to 2025” causing the stock to fall fast on volume to intraday lows. These big moves always catch my attention – vertical price action, heavy volume spikes, massive bar expansions. These are all characteristics of a capitulation reversal setup.
Top Opportunity Dissected – $CVX Breaking News Contra Play Read More »
Yesterday we saw one of the best capitulation trades I’ve seen in a while with $NKTX. This was an A+ capitulation setup in my book. Here’s why: In the daily below, you can see how much of an outsized move it was. Which is fine, stocks can do that and sustain. The difference is how
Top Opp. Dissected – $NKTX Read More »
Below you will find some of the most common acronyms we use in the room and what they mean.
Day Trading Acronyms 101 Read More »
I wanted to do a more in-depth look into Expected Value (EV) and why it is such a critical metric for traders to understand. Expected Value, or EV, is a statistical concept that helps traders assess the profitability of a strategy based on the historical performance of the setup. (If you’re interested in more content
Deep Dive Into Expected Value (EV) Read More »
