The financial news is full of discussions about economic cycles: booms, busts, recessions, depressions, peaks, troughs and so much more. These discussions often leave the average investor wondering what it all means and is it all really that important? Economic cycles are so prevalent in the financial news and literature because they are so central […]
What’s up everyone? All right, so here we are Monday morning. Monday’s are our favorite day of the week as day traders. Usually, Monday’s are really hot. But today, it was a dud. There was just nothing happening in the market. I made a total of minus $32. So, I lost $32 today. I came […]
What’s up everyone. All, right so you guys all had a great Fourth of July. Here we are back at it Thursday morning, $7,700. Green is good, I’m happy about that. So this is kind of a holiday week. I did well on Monday, gave back a little bit on Tuesday. Here today, boom, […]
Trading options has exploded in popularity over the last couple of decades, and option trading in particular has become a major force in contemporary finance. The ability to create sophisticated and nuanced trading positions using options and other derivatives is incomparable when contrasted with traditional securities trading. Out of the many advanced trading techniques used […]
All right, what’s up, everyone? Wanted to do a recap here of the last few days worth of trades and the action that we’ve seen. I’ve been out for a few days at the end of last week and returned Monday. Been trying to get the week started strong, but we just haven’t really seen […]
What’s up everyone? All right, so here we are, Monday morning, and you know what? Starting the day, starting the week in the red, which is disappointing. I’m down $811.00 today, so you know, if I keep it in perspective, $800.00 in the red is no big deal, especially compared to a $10,000.00 red day, […]
What’s up, everyone? All right, so here we are, fourth day of June, and today is basically a flat day. Finishing the day down $14. So I only took two trades, one winner, 100 bucks, and one loser, $114. So these are really small numbers. Today is a day where just not a lot happened. […]
What’s up, everyone? All right, so here we are, finishing the third day of June, and it’s another green day for me. Up $1400 today, just under 1500, which puts me up $2600 in the last two days. Now, right now we’re still in a market where it’s a little choppy, and we’re not […]
What’s up guys? Hope everyone had a great weekend. It’s Monday morning, 30 minutes into the day and our job is done. We had a really phenomenal trade on NKTR. It’s set up perfectly for us, out at the open at the 200 day moving average and continued to fade nearly six points of […]
The double top reversal is a chart pattern that indicates an upcoming price reversal for a security. The defining feature of the double top reversal is the two peaks with a moderate trough between, the second of which will be followed by a sharp downtrend that reverses all the gains leading into the price peaks, […]
