All posts by T3 Live
How to Define a Significant Pivot
Ryan Tonking | Black Room LessonsToday’s video covers a common question; What is a significant pivot? We’ll cover all the criteria I use to define a significant pivot and why they are so important. Later in the series we’ll look at some good examples and analyze some trends together to identify significant pivots. Lastly, we’ll go over how this concept brought me to make one of the largest changes in my trading thus far.
Continue Reading -->Important Notice: Changes Coming to the Virtual Trading Floor®
T3 Live revolutionized a new type of online trading community by introducing the Virtual Trading Floor® in 2007. By giving you a direct connection to top traders, we believe the VTF® is the most effective place to develop as a trader. In addition to showcasing some of the best trading talent in the industry, we make constant improvements to our technology. These improvements ensure not only performance and stability, but additions of user-requested features. Furthermore, our team of experts continues to grow and commit even more time to bring you the very best service. As such, effective January 1, 2019, the pricing for our Virtual Trading Floor® rooms will be $295/month or $2,495/year. This increase ensures that we can continue providing the excellent service to which you have been accustomed. However, you have an opportunity to subscribe today and lock in current prices before the year ends. To sign up at current rates, you may: Visit our VTF home page by clicking here Call 1-888-998-3548 Call your Trading Counselor directly Email our team at customerservice@t3live.com We truly appreciate you being a part of the T3 Live community. We look forward to providing you with actionable and impactful service in the upcoming year! Sincerely, T3 Live
Continue Reading -->Why I’m Only Trading Perfect Setups Now
Ryan Tonking | Black Room LessonsWith market volatility its crucial for me to trade only perfect set ups. Today’s video covers just that with TWTR. We’ll cover why I loved it before the open, then entry set up and stop, and the exit.
Continue Reading -->What Today’s Gap Says About the Next 3-5 Days
Ryan Tonking | Black Room LessonsVolatility is back in the market. With today’s gap we have a clear picture to help us prepare for the next 3-5 days. Today’s video will discuss how we can use follow to put us on the right side for the next couple of days.
Continue Reading -->How ‘Hit & Run’ Trading Beats Buy & Hold
Are you watching the headlines? You know it’s not time to mindlessly buy & hold. It’s time to Hit & Run. Get the best trades, hit ‘em… and then run with the money in your pocket. This week, Jeff Cooper’s been hitting and running in names like: ADNT: +$365.34 SPLK: +$284.25 GDS: +$520.00 MOMO: +$300.06 DOCU: +$222.74 Jeff even just squeezed out quick gains in ROKU and EPAM this morning. Did you get Jeff’s call for a Red October back back on September 27? That’s when Jeff told his subscribers this: “…downside follow-through demands defense as a big short may be setting up for October all the way down into the election.” And have you been long gold like Jeff? He’s up 16% in AG. He’s up 8% on AEM… and he might be about to add a new gold name to his portfolio. Want to learn Jeff’s Hit & Run Trading Method? And get his hardcover book? AND get his next big trade? Then check out the all-new Hit & Run bundle.
Continue Reading -->Announcing a Major Change to Scott Redler’s Private Twitter Feed
Dear Traders, Beginning January 1, 2019, Scott Redler’s @RedlerAllAccess will only be available to paying subscribers as part of their “FULL” Redler All-Access subscription. The “FULL” Redler All-Access subscription is Scott’s flagship service offering a streamlined user experience including:Scott’s Morning Note newsletter with detailed analysis of 25-35 stocks, ETF’s, and indicesThe Morning Call and Daily The Daily Recap videos, which include extended technical analysis breakdowns of the market actionThe @RedlerAllAccess feed for Scott’s real-time updatesYou’ll have access to ALL of Scott’s daily content in this one powerful service, where subscribers are part of a unified community. How the Transition Will Take Place As of January 2, 2019 – the first trading day of 2019 – you will only be able to receive Scott’s valuable real-time market intelligence through the @RedlerAllAccess feed if you are a member of the “FULL” Redler All-Access service. Nothing will change for “FULL” Redler All-Access subscribers that are already enrolled in the FULL Redler All-Access subscription. If you are not a “FULL” Redler All-Access but would like to join and get the full benefits of Scott’s daily market commentary and technical analysis, please click here or contact customerservice@t3live.com or call 1-888-998-3548. Sincerely, T3 Live
Continue Reading -->7 Keys to Being a More Consistent and More Profitable Active Trader
Want to start earning consistent profits as a trader?Good. You’re in the right place, because we’re going to talk about some topics that get ignored all-too often in the trading world.7. Take a Loss Without Freaking OutHere’s a sign that you’re going down the wrong path as a trader: you lose a few hundred bucks, and you freak out. You slam your keyboard down, you use some foul language, and you want to quit.This is bad, bad, bad! Here’s a harsh reality that too few people in the trading industry talk about: losing is part of winning.If you can’t deal with losses, you’ll never make it.6. Hit a Home Run Without Freaking OutOn the flip side, you shouldn’t get too excited when you nail a trade that lands $6K in your bank account.Why? Because trading requires a steady hand. And you can’t let your excitement cloud your judgement.And if you’re progressing in the right way, winning will be just another day at the office! 5. Talk to Traders That Are More Experienced and More Successful Than YouEven the most elite professional athletes hire coaches in the off-season. They know the value of an expert’s point of view.Trading is no different. If you’re not getting the results you want, by definition you need help. So talk to more successful traders about your troubles. Odds are, they’ve been down the same road you have, and they can help.4. Know the Difference Between a Breakout and a FakeoutThe media wants you to believe that every tick up or down is a big deal.To succeed as a trader, you must be able to tell the difference between real moves and fake moves. And you must be able to tell that difference instantly.If you can’t look at a chart and break it down in short order, you may need additional training.3. Actually Learn a Real Trading Method99% of traders are operating at random. They use a random collection of tactics learned from books, videos, and online forums.The most successful traders are systems-oriented. They use trading methodologies where all the elements — market analysis, entries/exits, risk management. etc. — work together.This prevents you from trading on feelings and emotions.2. Put Some Real Time InYou can learn a lot about trading in a few days. But making money on a consistent basis takes time.Making money in and of itself is a skill. Only through experience can you learn what it’s like to deal with an overly volatile market, or your ego spinning out of control after a great trade.Focus on learning a process and methodology over time, and you’ll gain true control over your trading. You also need to give yourself time to succeed — there are no overnight successes in this business.1. Improve Your Batting AverageHere’s an obvious truth that too many people ignore: if you want to turn your trading account in a paycheck, you need to win more often.You need more accurate entries and exits. And you need to make more money on each trade.It’s not easy, but it is simple: win more often, lose less often, and you get more consistent returns.Do you want more consistent results?Are you ready to put some time in to take your trading to the next level?And are you ready to get mentored by expert traders that have conquered the challenges you’re facing right now?Then check out the T3 Live Ultimate Profit Solution. –> Learn about the Ultimate Profit Solution
Continue Reading -->Trader’s Digest: The 10 Stories We’re Reading Right Now
Wonder what traders are talking about today? We’re with the top 10 stories we’re sharing with colleagues today, including: Scott Redler Tracks IQ’s Major Breakout Tesla Model 3 gets Consumer Reports recommendation after braking update; shares hit session high This Trader Averaged $1,170/Day in Profit Doing Something He Loves And more! So check out these links right now and get up to speed! 1) Scott Redler Tracks IQ’s Major Breakout (T3 Live)Always watch for new names to add to your Go To List, especially hot new and recent issues that give us lots of movement. Watch the Video -> 2) U.S. first-quarter growth trimmed on weak consumer spending (Reuters)U.S. economic growth slowed slightly more than initially thought in the first quarter as consumer spending rose at its weakest pace in nearly five years, but activity is already picking up against the backdrop of a tightening labor market and tax cuts. Read the Article -> 3) Stocks Rally as Fading Italy Woes Sink Treasuries: Markets Wrap (Bloomberg)Stocks rose along with Treasury yields as investors deemed the market reaction to Italy’s political turmoil overwrought. The dollar slipped and oil rose. Read the Article 4) This Trader Averaged $1,170/Day in Profit Doing Something He Loves (T3 Live)Sami Abusaad can tell you he’s a real trader. But he’s going to let the numbers do the talking. Watch the Video -> 5) Bill Gross’ flagship fund cratered as Italy’s political turmoil rocked global markets (Business Insider)Bill Gross’ Janus Henderson Global Unconstrained Bond Fund cratered on Tuesday as the political turmoil in Italy sparked a sharp sell-off in the country’s bonds and sent investors rushing into safer debt. Read the Article -> 6) Tesla Model 3 gets Consumer Reports recommendation after braking update; shares hit session high (CNBC)Consumer Reports said Wednesday it now recommends the TeslaModel 3, reversing an earlier decision over the car’s long stopping distance and other issues. Read the Article -> 7) Is the 18-Year Cycle Giving Traders Whiplash? (T3 Live)Given the parallels with 2000, being agile with positions and opinions will pay dividends. Watch the Video -> 8)Amazon begins nationwide expansion of Whole Foods discounts for Prime members (TechCrunch)Amazon introduced 10 percent savings at Whole Foods for Prime members earlier this month, and today it kicked off a nationwide expansion of the initiative. Read the Article -> 9) Why Banks Were Looking Bearish Before the Italy Scare (T3 Live)Rob Smith points out that bearish setups were already in place for the banks BEFORE the Italy catalyst. Read the Article -> 10) Why I Don’t Read Books (Dan Lok)Entrepreneur Dan Lok has an unusual take on reading books:
Continue Reading -->Trader’s Digest: The 10 Stories We’re Reading Right Now
Wonder what traders are talking about today? We’re with the top 10 stories we’re sharing with colleagues today, including: Why We Got Long BOX Last Week Is the dollar rally going further? Chartists think so How to Stay in the Game, Even When You’re Down And more! So check out these links right now and get up to speed! 1) Why We Got Long BOX Last Week (T3 Live)Jeff Cooper captures a fast swing trade profit in a hot momentum stock. Watch the Video -> 2) Oil Jumps, Treasury Yield Tops 3% as Stocks Climb (Bloomberg)Oil rallied after President Donald Trump’s decision to walk away from a nuclear deal with Iran, while the dollar slipped and 10-year Treasury yields topped 3 percent ahead of a key bond auction. Read the Article -> 3) Is the dollar rally going further? Chartists think so (Reuters)Enter your text here… Read the Article 4) How to Stay in the Game, Even When You’re Down (T3 Live)We all experience adversity. How you handle it separates the winners from those who never succeed. Watch the Video -> 5) Lawyers Don’t Understand How Buybacks Work (A Wealth of Common Sense)Enter your text here… Read the Article -> 6) What is Walmart’s global plan? (CNN Money)Walmart is revamping its global strategy.On Wednesday, Walmart announced it would pay around $16 billion for a majority stake in Flipkart, India’s largest online retailer. Read the Article -> 7) How a Pro Options Trader Manages an Open Position (T3 Live)Entries are easy. Trade management is where the real money is made. Watch the Video -> 8) Tech investor Chamath Palihapitiya: I’m a Warren Buffett ‘disciple,’ but he’s wrong about bitcoin (T3 Live)Billionaire investor Warren Buffett is wrong about bitcoin, tech venture capitalist Chamath Palihapitiya said Wednesday. Read the Article -> 9) Identifying “Exhaustion Risk” For a Short Sale Opportunity (T3 Live)Rob Smith walks through a trade in LGIH so you can learn to identify “exhaustion risk.” Watch the Video -> 10) Top 20 Motivation Tips (Zen Habits)This article is a list of tips and tricks that, if used in combination, are a nearly sure way to achieve your goals. Watch the Video ->
Continue Reading -->Trader’s Digest: The 10 Stories We’re Reading Right Now
Wonder what traders are talking about today?We’re here with the top 10 stories we’re sharing with colleagues today, covering topics like:Trapped in Aerospace: How to Spot a Violent CounterreactionThe market has been dead all year — here’s the only thing that’s working Trading Twitter, Literally a Tweet at a Time Part III And more!So check out these links right now and get up to speed:1) Trapped in Aerospace: How to Spot a Violent Counterreaction (T3 Live)Rob’s demonstrates how to find a specific pattern that leads to profitable follow through. When one side of the market is “trapped” a violent move in the opposite direction occurs. Read the Article -> 2) U.S. Stocks Sag After Fed Report; Oil Rallies (Bloomberg)U.S. stocks fell to their lowest in a week and the dollar jumped as investors assessed the Federal Reserve’s signal that it’s in no rush to raise rates even as inflation rises to its target. Read the Article -> 3) Trading Twitter, Literally a Tweet at a Time Part III (T3 Live)Scott Redler documents a Twitter (TWTR) trade for 3 straight days… using nothing but Tweets! Watch the Video -> 4) The market has been dead all year — here’s the only thing that’s working (CNBC)Investors are still huddling in the same high-growth technology names like FANG stocks with the S&P 500 roughly flat so far this yearing on the SPX daily chart. Read the Article -> 5) This crucial bitcoin group is an unexpected source of rising futures trading volume (MarketWatch)When the Cboe Global Markets Inc., and the CME Grop Inc., separately launched bitcoin futures within weeks of each other in December, advocates of digital currencies had hoped it would lead to a surge in interest. Now, five months removed and volumes have begun to tick higher. Read the Article -> 6) Sneak a Peak at a Top Trader’s REAL P&L Statement (T3 Live)Sami Abusaad is a great teacher. And his P&L shows that he’s an even better trader. Watch the Video -> 7) EU will not negotiate US tariffs under threat (Reuters)European Commission President Jean-Claude Juncker said on Wednesday the European Union will not accept threats in talks with the United States to secure a permanent exemption from U.S. import tariffs on steel and aluminum. Read the Article -> 8) Tesla reports smaller loss than expected (Business Insider)JC Parets sits down with Rick Bensignor to discuss a behavioral approach to investing. Read the Article -> 9) Russia’s greatest Ponzi mastermind is dead, but his legacy lives on in the crypto world (WSJ) This quarter could mark the highest profit margins in FactSet’s data history. Read the Article -> 10) Legendary Investment Banker Richard Jenrette Left These 24 Rules for Success (Bloomberg)Richard Jenrette, who co-founded the investment bank Donaldson, Lufkin & Jenrette in 1959, spent four decades on Wall Street. When he died last week from complications of cancer at the age of 89, he left behind on his desk 24 rules to succeed — in finance, and in life. Read the Article ->
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