Is it the March 8 Low or the July 26 High?
In January 2019, I outlined the potential for a move to above 3000 SPX — IF the index cleared a 50% retrace of the 2940.91 September 2018 peak to the 2346.58 December 2018 low, this was a range of 594.33 points which gave a mid-point of 2643.75. In my 30+ year trading career, I have noticed that […]
Continue Reading -->How to Be a Confident Trader
It’s easy to have faith that things will work out… until you’re facing challenges. In this video, you’ll find out how you can be a confident trader through thick and thin: In this video, you’ll learn: How to develop real confidence as a trader How to bounce back from a major loss Today’s Newsbeat Algo […]
Continue Reading -->Options in Play – The Tale of Two Strangles
WORK and RH were 2 stocks we targeted with strangles into their reports this week and they are having different reactions to the numbers. Neither move is ideal and that means we need to approach them differently.
Continue Reading -->Overtrading
The trading statistics you read about win/loss rates lie to you. Why? Because the math doesn’t take the human factor account: In this video, Mark Melnick discusses: Why overtrading is so problematic The root of overtrading Why so many traders overestimate their trading skills The role of work ethic in your results Earnings analysis of […]
Continue Reading -->Quant Edge Halftime Show #242: What’s The Hurry?
Some traders believe that you can trade in the morning and then be done for the day, but they may be missing out on some great moves. Rob Smith explains how to know when you should stay in a trade. In this video, Rob shows you: When you may need to get out of ACAD […]
Continue Reading -->How to Use Long Term Moving Averages to Capture Explosive Short Term Moves
Yesterday we posted a video about how to use long term moving averages in short tern trading using SHOP as an example. Basically, when a stock successfully backtests its 50 day line after recapturing it, it is in a stronger position to rally. Moreover, when an item has reclaimed its 50 day line after carving out a […]
Continue Reading -->Options in Play – Breaking My Rules for Bios
Typically, I like to wait until the day before or the day of the catalyst to open straddles/strangles but we have broken that rule on a few recent Bio trades. Part of it has to do with the lack of a firm date for data releases, but it also has to do with the overall […]
Continue Reading -->How to Trade Stress Free for Life
Have you ever been saddened by the market? If so, you’re not alone. So get a solution to your market-related stress and depression: In this video, Mark discusses: What happens when your entire life revolves around trading Why it’s dangerous to continually check your positions on your phone The wrong way to try to recover […]
Continue Reading -->Quant Edge Halftime Show #241: Reversal Day in the Futures
There’s a 2-2 reversal in the futures today, which means that we’re down on the weekly and monthly charts, but up on the daily chart. Traders should know what to look for in that type of situation. In this video, Rob explains: What patterns could show up when the futures go into conflict Why traders […]
Continue Reading -->Options in Play – Revisiting the Timing of Our Entrances
It never hurts to go over principle ideas every now and then. The timing of our entrances for swing trades and event/volatility trades are different, and it is an important point to discuss again.
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