Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, As a momentum trader, I spend many hours in and out of trades using different strategies to my advantage. Each of these strategies are different from each other and requires a unique approach in order for them to work. But with a multitude of strategies to pick from, how do you know … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Welcome to the new year! As is tradition, I’m starting out 2022 reviewing my trading resolutions. One of those resolutions is to remind me of the 10 trading commandments I’ve written for myself: I’ll be disciplined every day, and in every trade. I’ll be my own trading “self,” never trading another’s plan. … Read more
Hey 5-Star Trader, Happy New Year! Examining past trades is very important to every trader. It is how we learn from our mistakes. However, moving on from them is very important too! That is why this is the last week I will be reviewing my 2021 trades. Let’s hop right in so we can prepare … Read more
Hey 5-Star Trader, Just like that, 2021 is a wrap! I don’t know about you, but this time of year always has me sitting back and reflecting on all the things I’ve done. To put it simply, 2021 has been both a fulfilling and challenging year. This is the second year that has been affected … Read more
Hey 5-Star Trader, For this week’s deep-dive, I wanted to highlight my hedge in the S&P 500 (SPY)**. Hedging is not normally something I do, but I consulted my Trendstrength Turbo Candles (pictured above). They effectively communicated to me (through their red coloration) that the indexes were below resistance. That, in combination with earnings reports … Read more
Hey 5-Star Trader, Merry Christmas and Happy Holidays! No matter what holidays you celebrate, for me, the end of the year is a time to celebrate, spend time with family and friends, and enjoy the little things in life. Of course, this is generally coupled with some introspective thought, plans, and dreams for the coming … Read more
Hey 5-Star Trader, Each Tuesday I provide a glimpse into my trading journal by providing you with real examples. The whole point of this exercise is to reflect on concepts and analyze what is working and what is not. As we head into the final part of the year, I’m taking all those examples and … Read more
Hey 5-Star Trader, Once per year, the Nasdaq (NQ) adds 100 new stocks to its index in what is called the “Nasdaq 100 Rebalance.” This year, it is happening on Dec. 20. Among the new names that will be joining the Nasdaq include Palo Alto Networks (PANW), Airbnb (ABNB), Fortinet (FTNT), Lucid Group (LCID), Zscaler … Read more