What is a Breakout Trade? A breakout trade is when a stock breaks above or below a significant support or resistance level after failing to do so in previous attempts. The break of this significant channel can bring about a huge price move and a new trend. This setup is most alluring to new traders […]
What’s up, everyone? All right, so mission accomplished. Finishing the week with one more green day. This week, it was pretty good, overall. Monday, Tuesday, great. Oh no, sorry. Tuesday, Wednesday was great. Monday, for labor day, the market was closed. Thursday, red day. And I was disappointed because I got a little aggressive. I’d […]
What is Market Profile Market profile displays all of the volume executed at each price level as opposed to normal volume indicators which displays volume based on time. It allows you to more accurately observe the accumulation and distribution of markets, and shows you that each candlestick isn’t created equally. Some prices see significant volume, […]
What is Time and Sales? Time and sales, also known as “the tape”, is a record of all stock transactions throughout the trading day and typically includes trade size, price and time of trade. The tape got its name from the mechanical ticker tapes used in the late 1800s and early 1900s. These machines used […]
What’s up everyone? All right, well today’s one of those days where it felt like nothing went the right way from the very beginning. I drove halfway to work only to get a call that, hey, internet’s out at work. So I had to double back, head home and then set up at home on […]
Hey, what’s up guys? Back in the markets today after a holiday weekend. The action still continues to be a little bit slow. I got held up by a little bit of a technical difficulty this morning on my platform. For some reason, I was unable to open new positions, couldn’t really get it figured […]
What’s up everyone. All right, well here we are finishing the 11th consecutive green day, definitely a hot streak here. Over the last 14 days, I’ve made over $65,000 trading one hour a day. Today, another $6,600 on one stock, OPGN. Now, the disappointing thing today is I had my first loss of the month. […]
What’s up, everyone? All right. So welcome back from the long Labor Day weekend. I hope you guys really enjoyed it. I got a little rest, and hopefully, you guys did too. So here we are, first trading day of September. One trade, one winner, $2,700 of profit. A little bit more than the daily […]
What’s up guys? Roberto here, and we are here for one more weekly recap. This week, I took an overall total of four trades and I had three winners and one loser. Unfortunately, I did close the week with a loss. It’s never a good feeling when that happens closing up on a Friday, especially […]
What’s up, everyone? All right. We made it. It is the end of August, the end of what is typically the slowest month of the year for day traders. Gosh, we ended up finishing in great shape. The first 10 days were tough. The last 10, 12 days have been amazing. $55,000 in the last […]
