There’s been a lot of uneasiness in our trading room lately — from traders who have been at this for years to our new trial members that feel ‘in over their head’. It’s an unpredictable time in the market… And I feel like I’ve been using the word ‘unpredictable’ so much, someone should write it … Read more
With Earnings Season coming up in the next month or so, I wanted to cover a simple, consistent setup that I use to identify potential earnings trade setups. So for this edition of Tuesday Trade, here’s an earnings trade on TMobile (TMUS)… To start off identifying a potential setup, there’s a great question to ask … Read more
Last week, we talked about what a Trading Monster is. To recap, a Trading Monster lives inside of you and it that takes over, distracting you from your trading plan and causing you to make foolish decisions and mistakes. These mistakes can ultimately make you lose money. So I felt it was appropriate to actually … Read more
A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more
In a perfect world, all of us could trade with emotions aside. But, try as we might, as human beings sometimes that can be an impossible task. We aren’t robots, we’re not trading machines — and it’s important to know that but also know how to control it. Because we aren’t robots. What happens is … Read more
A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more
As a short term, directional options trader I definitely have a list of favorite names to trade. These include: Beyond Meat (BYND) Zoom (ZM) Chewy (CHWY) Wingstop (WING) They get a bad rap with long term investors because they’ve rallied so hard and are so hyped up. However for me, they’re my bread and butter … Read more
The spring home-buying season took a bit of a hit, which is an outcome that some of us could’ve expected. Why? Because sellers didn’t want potentially COVID-19 positive people in their homes during a worldwide pandemic. It makes sense, I’d feel the same way. However, we’re at a point now where parts of the country … Read more
For now. I wanted you to hear this from me. As some of you may already know, I’ll be taking a trading sabbatical for the next few weeks. It’s no secret that this year has been tough on everyone, myself included, so as a preemptive strike I’ll be going flat until June 22nd! Between all … Read more
A lot of the time, I’ll have traders ask me about the “hype tickers”. What I mean by “hype tickers” is those stocks that are highly talked about in the market for whatever reason — like SPCE or TSLA. I get it, as an options trader, if you can time these out correctly… they can … Read more
One of my favorite moves at market open is looking for honey badgers. What’s a honey badger? It’s a stock that defies the relative strength of the market because they’re benefiting from this world-wide pandemic, which makes them explosion candidates going into earnings. When I have my eye on one in particular, I’ll first wait … Read more