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Learning Caution In A Volatile December
Monday, December 14, 2020 - 10:37am | 690As we approach the final trading days of the year, it seems as though the market is going to spend the remaining days of 2020 fighting with itself, which seems appropriate for the year. My own experience this past week has been pretty similar, I feel like I'm fighting with myself and going from...
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The November Market Grinds Along
Monday, November 23, 2020 - 1:19pm | 725While it may not be my worst month this year, November may end up being the choppiest month for day trading I’ve traded so far in 2020. All this month I’ve been hoping for some semblance of consistency in the market, but there just hasn’t been a sustained enthusiasm on the part of...
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When To Follow Trend
Monday, November 16, 2020 - 2:06pm | 626Last week was a big one for the market thanks to some critical news from Pfizer Inc. (NYSE: PFE) in the company’s phase 3 COVID-19 vaccine study. As a result, we saw some big sympathy plays in stocks throughout an array of high-profile industries. Some of these worked out for me, but others...
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Tricky Trading Through The Election
Friday, November 6, 2020 - 10:16am | 571The market has been on a crazy ride through this election week in the U.S. and trading has not really benefitted from the uncertainty. Nor has it really suffered either. I’ve been crashing against choppy patterns for the better part of the past two weeks, so more volatility may be frustrating...
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Momentum Doesn't Reduce The Risk For Loss
Monday, October 26, 2020 - 12:04pm | 638Momentum is back in full force in the market. I’m coming off of a week that saw three days over $65,000 and two days that had me over $$100,000, putting my total net profits at just above $400,000. That’s not to say it wasn’t a tricky market to trade. My biggest trades last Monday...
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Looking For Last Week's Momentum To Carry Through The Rest Of October
Monday, October 19, 2020 - 12:00pm | 583We’re a little over halfway through October and the market has been behaving pretty reliably through what is traditionally a fairly volatile month. While the broad market seems to be in a holding position until the U.S. presidential election on November 3, the stocks I traded through last...
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Mometum Makes A Comeback As The Weather Cools Down
Friday, October 9, 2020 - 10:06am | 649Momentum has re-entered the market with a vengeance, and it’s done so in one of my favorite months of the year both seasonally and, of course, in my trading returns. The past week has seen the stocks I focus on completely change their characteristics from the choppiness that took over through...
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Turning Base Hits Into Home-Run Trades
Friday, September 25, 2020 - 3:10pm | 794As we begin to round out another choppy month in the market, I’m happy to say that my trading fortunes have turned around. I’m finishing this week with a net profit of roughly $170,000 between my primary trading account and my retirement account. While the bulk of that figure came after...
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Trading My First Red Week After Six Months Of Green
Monday, September 21, 2020 - 1:34pm | 680I feel as though I’m jinxing myself. After my modest performance through the shortened labor day week helped me keep my green streak alive, last week marked my first weekly loss in six months. It’s hard to say I didn’t see this coming. Despite posting more green days than red over...
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The Shortened Week Provides No Shortage Of Volatility
Friday, September 11, 2020 - 1:11pm | 780It’s been another up-and-down week for my trading account. Every day has been similarly choppy through most of the stocks I traded, but the end result from each one has been pretty different. I am grateful to say that, despite a sizable red day to start the shortened week, it remains green....
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September Markets Struggle To Provide Consistent Trades
Friday, September 4, 2020 - 3:38pm | 445Continuing a trend that I’ve been experiencing for weeks now in my trading, momentum in the market remains muted. At the same time, promising charts persist in breaking down and taking out whatever gains I have been able to post. Although I’m holding out hope for more chart action...
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Reckoning With My Worst Trading Week In Months
Monday, August 24, 2020 - 2:07pm | 399It’s been another okay week for my August trading account. There’s still a good deal of opportunity out there, it’s just hard to find in between some of the chop. I unfortunately kicked off the week with one large red day that was mitigated by a string of decent wins amidst...
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What To When You Start The Day In The Red
Monday, August 17, 2020 - 9:05am | 654Following up on a trend that we’ve been seeing throughout the past few weeks, the market continues to be consistently inconsistent. What I mean by that is, I’m still seeing days with huge homerun trading opportunities that are followed up by absolute chop. Last week was no different,...
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What To Do In A Market That Just Won't Cooperate
Friday, August 7, 2020 - 3:20pm | 751My August trading has gotten off to a wild start thanks to some huge wins in Ambow Education Holding Ltd. (NYSE: AMBO) and Datasea Inc. (NASDAQ: DTSS) on Monday that set me up over the $100,000 mark to start the month. That big green day marked my third $100,000+ plus a day in a row, and was a good...
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Juggling Risk And Reward In A Raucous Market
Friday, July 24, 2020 - 2:19pm | 521It’s been another week of solid results in a choppy market. As with last week, I’m green on all five days with roughly $180,000 in gross profit. Nevertheless, there were quite a few points where I had to reclaim some lost ground after a chart just broke down. One trade that did not...