Hey 5-Star Trader, Historically speaking, the market tends to rally near the end of December going into the following year. This happens so regularly that Wall Street coined the term “Santa Rally” which refers to the last five days in December as well as the first two days in January. However, this year market performance … 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, “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, “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, Every week is a new and unique experience in the market. This is because market behavior can shift on a dime and tickers can fluctuate greatly from day to day. That is why I find it important to sit down and write my watchlist so I can keep track of my prospects. … Read more
Hey 5-Star Trader, Elon Musk recently made big news in furthering his lead of being the wealthiest person on the planet. Though Musk is involved in a variety of different projects, certainly Tesla (TSLA) has been a huge attributing factor to his success. Tesla has been a huge part of my life as well. After … Read more
Hey 5-Star Trader, Every savvy trader wants to buy a contract at a discount whenever possible. While the pandemic certainly forced many tickers to be on clearance, I don’t think all these opportunities were made equal. The travel sector came to a complete halt at the peak of Covid-19, which included the cruise liner industry. … 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, September left us with a lot of baggage and the first half of October was spent trying to claw our way out of the “pinball zone.” What is the “pinball zone?” I like to use the term “pinball zone” when a market is stuck in chop. This behavior occurs when a trend … 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