InTheMoneyStocks Day Trading/Swing Trading Market Moving Action

Discussion in 'Trade Journals' started by inthemoneystocks, Apr 5, 2016.

  1. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Sell sell sell... Gareth just sold his $TLRY with Verified Investing Alerts members for a great gain.
     
  2. inthemoneystocks

    inthemoneystocks Well-Known Member

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  3. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Hit A Bullseye With Your Trading: 12 Winners In A row...
     
  4. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Major Trade Alert On Costco Wholesale Corp $COST.

    Shares of Costco Wholesale Corp (COST) are on watch for a major technical chart breakdown. The stock has been hammering on the up-trend support line since August 2019. Based on calculations, it will likely break lower in the coming weeks.

    The Trade: Watch for the first daily close below the trend line shown in the chart below. When this happens, short Costco Wholesale buy puts at least 2 months out (expiration). First target will be $283, second target is $264.00.

    See the trade here... https://inthemoneystocks.com/major-alert-costco-wholesale-corp-cost/
     
  5. inthemoneystocks

    inthemoneystocks Well-Known Member

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  6. inthemoneystocks

    inthemoneystocks Well-Known Member

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    This Is Why Swing Traders Make 100x What Investors Make...


    Most average investors do not understand what a swing trader really is or does. The term brings a little confusion. Is the person a day trader or an investor? In reality, the answer is somewhere in between. Swing traders usually hold a stock position for days to weeks, maybe even a few months. What they don’t do? A swing trader never holds a position long-term and fall in love with a stock position. Long-term is a foreign concept to them unlike what 95% of how average investors invest.


    The reason swing trading is so profitable? Swing traders can buy low and sell high, doing it over and over again making 100x the money investors make. They never get married to a stock long-term, they do not get emotional. An average investor may make 10% on a stock in a year (if they are lucky). However, during that year, that stock could have been up and down 10% five times. A swing trader looks to capitalize on those moves. Let’s assume that swing trader just caught three of those 10% moves. He/she has already banked 30% while the average investor only banked 10% in the year. Now compound on many stocks or ETF’s during each year and you see where the incredible return is generated.


    The keys are that swing traders analyze charts, trends, pivots, cycles. These help them buy low and sell high. They know when a stock is into a double bottom and once it bounces, they know when it fills a gap or hits a double top. They understand what a bull and bear flag setup is. While most average investors do not understand these terms there are some great traders out there that can help. I have helped members make millions since I started giving swing trade alerts in my Verified Investing Alerts service. In addition, inside this service I teach members how to see the signals for themselves. I have years of VERIFIED track record returns showing the amazing profits that members generated, coupled with hundreds of reviews.


    The bottom line is, swing traders make 100x more money that average investors. In fact, I saw first hand investors lose their shirts in 2008 and 2009 when the market lost 65%. They were all so in love with their stock investments that many did not listen when I told them what was coming. On the other hand, members exited longs and shorted the market on the drop and bought at the lows. I still remember buying financial stocks at the lows in 2009. It was scary but the chart signals told us it was the right thing to do. We ignored emotion and followed the swing trade signals. Needless to say we all made a lot of money.

    Gareth Soloway
    Chief Market Strategist
    www.InTheMoneyStocks.com
     
  7. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Worst Mistake A Stock Investor Can Make

    The worst thing a stock trader can do is win the wrong way. Now some people may say a victory is a victory, but when you win the wrong way it will often cost you much more in the future. For example, on my first trade ever I made a significant amount of money. I took this trade because somebody had given me a tip on the stock. That trade happened to play out pretty much as the person had told me it would. This so called victory got me hooked on the stock market. I remember how excited I was when I closed out the trade and saw the money I had made. I felt unstoppable and could not wait to get into another position! Unfortunately, the next tip that I received did not work out so well; all of the gains from that first winning trade were completely wiped out. I remember feeling drained and somewhat depressed by the loss in the trade. Who wants to live like that?

    Fast forward over 20 years from that day; now I will never trade off of tips, rumors, feelings or anything else. I simply trade off of the chart patterns which unfold every single trading day in the market. The chart patterns will generally point you in the right direction and allow you to keep probability on your side. The patterns that appear on stock charts will often repeat themselves since that is the footprint of human nature. If I’m fortunate to recognize the pattern correctly, I will make money on the trade with consistency. Please understand, not all chart patterns play out as expected and will sometimes fail. The good news is that when you use charts as a trader you will have a technical level for a stop out. The stop out should be viewed as an insurance policy against the trade. A technical traders stop out is usually between 2 and 7% depending on the chart pattern. If you cannot find a technical stop loss level, than it is best that you use a hard 10% stop loss. At least this will put a limit to what you are willing to lose on a trade.

    Very often, I see traders win the wrong way. They make money and get very excited and happy. They become very anxious to jump into the next trade or investment. They simply trade the stock market like a casino and can’t wait to make a bet. Unfortunately, it does not take long for this excited and happy feeling to wear off when you lose on a trade. Simply put, when you win the wrong way it is only a matter of time before that victory will disappoint you. I see it happen to beginner traders and investors every single day. Learn to read the charts, get educated on the markets. Learn everything there is to know about a chart. After all, it is the money flow that really moves a stock, not someone’s opinion or anything else. In the chart below you will see a trade that I entered off of the pattern. This stock was downgraded by many large Wall Street firms when I entered the trade, yet I’m now in the money by over $6.00 on the play.



    [​IMG]
     
  8. inthemoneystocks

    inthemoneystocks Well-Known Member

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  9. inthemoneystocks

    inthemoneystocks Well-Known Member

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  10. inthemoneystocks

    inthemoneystocks Well-Known Member

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    5 Simple Rules That Will Make You A Better Trader...

    December 9, 2019, 1:19 pm EST by Nick Santiago


    As a stock trader you are a competing in the world’s largest arena. There is buying and selling of stocks commodities, and other equities going on nearly 24 hours a day. Many of the market participants are sharks and if you are not sharp you can get eaten alive in this business. The markets are now global; something that happens on the other side of the world can effect our markets and vice versa. This is why it is so important to come into the trading day with a sharp mind, ready for battle. It amazes me that most market participants will just casually show up to work or throw their money at the market like it is no big deal. When I worked as a stock broker I was shocked at how often I would see brokers and traders going into the local bar for a cocktail after work, moderation not being considered. I suppose some people could handle that, but I couldn’t do it. With that said, here are some simple rules that every trader should follow to achieve success…

    Rule 1. No drinking alcohol during the trading week. Alcohol really clouds the mind and in this business the brain needs to be sharp. I suppose I’m a little older now, but even when I was in my twenties I could not handle having a single drink during the workday – my mission was clear and nothing was going to cloud that. If you desire a cocktail, it is best to wait until the weekend when the markets are closed. Remember, if you do decide to have alcohol on the weekends it is important not to drink on Sunday as that will have a negative effect on Monday when the trading week begins.

    Rule 2. Get good sleep and be well rested. Point blank, solid sleep is good for everything. Some people will need more than others, but that is to be determined by each individual. Personally, I need about six to seven hours to feel really good. Other people could use more and many other could use less. Regardless of the amount of sleep and rest that makes you feel good it is just important to get it every night.

    Rule 3. Eat a nutritious diet. It is so important to eat somewhat healthy. I cannot tell you how much better I can trade and look through charts when I eat a healthy diet. When I have eaten a poor diet I was slow and lethargic. I know that I could not react quickly or even make a clear decision. As a trader we have have a lot of money at risk so it is critical to be the best you can be everyday. Everyone knows that they need lots of green vegetables, so that is a good place to start if you don’t eat healthy already. It is also smart to stay away from processed food. This stuff is loading with all kinds of preservatives and chemicals that simply do not allow us to work at our best.

    Rule 4. Exercise is extremely important. This does not mean that you have to go to a gym for 2 hours a day. You can simply take a 30 minute walk everyday and that will certainly help you feel better. There are even some indoor workouts that can be done right at the office. Take the stairs instead of the elevator. Do some push-ups or chin-ups throughout the day and you will definitely feel better than if you did nothing. Remember, as traders we are sitting in front of a computer all day long and rarely move from our desk. Sitting for long periods of time is not good for the back. Try standing and walking in place. I now do this most of the day and actually dropped a few pounds.

    Rule 5. Go outside and see the sunshine. It is so important to get away from the computer screens after a few hours and get some fresh air and sunshine. After being in an office for hours at a time the fresh air feels rejuvenating. The sunshine also helps the body synthesize Vitamin D3. Either way, the outdoors simply help us feel better, even if it is just for a few minutes.

    Take your health, both mental and physical seriously as that will help you win and achieve your dreams through the stock market. Fail to take these simple factors serious and the market will likely teach you a very expensive lesson.



    Have you seen the recent win streak Nick has been on? We are talking over 15 verified winning trades in a row! See the trades and get the next here.
     
  11. inthemoneystocks

    inthemoneystocks Well-Known Member

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    $AAPL reversal today may put in a chart top. On watch into close. Anytime a stock makes an all-time high on a strong move up and then reverses it the next day, investors should be on high alert for a major pivot top - gareth s.
     
  12. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Costco Wholesale (COST) Stock Chart Is A Short

    Shares of Costco Wholesale (COST) are signaling a sharp fall coming within the next few weeks. After being unable to take out the high pivot from September 2019 on multiple occasions, Costco has fallen below the daily 20 and 50 moving averages. To make the stock chart more bearish, it has been consolidating in a bear flag formation while the S&P is at all-time highs. This bearish price action screams institutional distribution. If you are a fundamental investor, the valuation on Costco Wholesale is insane at a 36/PE. While it may get a premium to Walmart (WMT), the level it is trading at it makes puts it in bubble territory.

    The downside case for Costco Wholesale is clear. A drop from the current $296.33 level to $270 is coming in the next few weeks. I lose it on the short side or using puts with an expiration of March/April or June.

    See the chart here: https://inthemoneystocks-4977.kxcdn.com/wp-content/uploads/2019/12/COST12.09.2019.png

    Gareth Soloway
    Chief Market Strategist
    www.InTheMoneyStocks.com
     
  13. inthemoneystocks

    inthemoneystocks Well-Known Member

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  14. inthemoneystocks

    inthemoneystocks Well-Known Member

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  15. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Stock Trader Education: Spot A Topping Tail


    Smart investors and traders are always looking to expand their knowledge because they know it increases profits. In today’s lesson we will teach stock market traders and investors how to spot a topping and bottoming tail. There is strict criteria that must be seen to solidify if it is truly a topping or bottoming tail.First, it is important to understand that topping tails are bearish reversal candles and bottoming tails are bullish reversal candles. Knowing this is half the battle. Next, we need to follow specific rules to determine whether or not the candle is truly a topping or bottoming tail. The rules are below…
    1. For best results, a topping tail should only be noted on a stock chart at 52 week high.
    2. The prospective topping tail candle must be of solid size, no less than a 1% move intra-day on a large cap stock (best if it is 2-3%).
    3. The tail must be significant in length, making up at least 50% of the entire top-to-bottom range.
    4. The closing print for the day must be in the lower 25% of the candle, measured from top-to-bottom.
    If all these hold true, you have a high success topping tail on the chart you are looking at. This would mean there is a great shorting opportunity present.

    CHART: https://inthemoneystocks-4977.kxcdn.com/wp-content/uploads/2019/12/ToppingTail.png

    Bottoming tails are bullish reversal stock chart candles. It shows epic accumulation by big money and an exhaustion of sellers. When it forms based on the below criteria, investors and traders should be looking to buy the bottoming tail. The rules are below…
    1. For best results, a bottoming tail should only be noted on a stock chart at 52 week low.
    2. The prospective bottoming tail candle must be of solid size, no less than a 1% move intra-day on a large cap stock (best if it is 2-3%).
    3. The tail must be significant in length, making up at least 50% of the entire bottom-to-top range.
    4. The closing print for the day must be in the top 25% of the candle, measured from bottom-to-top.
    If all these hold true, you have a high success bottoming tail on the chart you are looking at. This would mean there is a great buying opportunity present.

    CHART 2: https://inthemoneystocks-4977.kxcdn.com/wp-content/uploads/2019/12/BottomingTail.png

    Gareth Soloway
    Cheif Market Strategist
    www.InTheMoneyStocks.com
     
  16. inthemoneystocks

    inthemoneystocks Well-Known Member

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  17. inthemoneystocks

    inthemoneystocks Well-Known Member

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    One Stock Chart Pattern = Consistent PROFITS! Watch the video...
     
  18. inthemoneystocks

    inthemoneystocks Well-Known Member

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    Fed decision at 2pm. Likely a non event as Fed is on the sidelines for the next 6 months. Investors still waiting on confirmation new tariffs are delayed - Gareth
     
  19. inthemoneystocks

    inthemoneystocks Well-Known Member

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  20. inthemoneystocks

    inthemoneystocks Well-Known Member

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    3 Things To Check Before Taking ANY Trade

    In the early days of my trading career, over 20 years ago, all I wanted was to always be in a trade. It was something exciting to do and I found it rather stimulating. I would constantly check the quote board to see if the stock was moving up or down. If the stock made a big move up I got all excited and giddy. On the other hand, when the equity went lower I recall how I felt the extreme opposite feelings; depressed and defeated. The truth of the matter is that I really had no business being in any of these trades because I was trading on hope and just gambling on the stock. As most of you are well aware, a gamblers mentality applied to the stock market is a surefire way to lose all your money in the end.


    These days are vastly different from my early years in this business. I now go through an extensive checklist before entering a trade, one that I live by before even considering taking a trade. The checklist helps me make a clear and smart decision with my money, as opposed to just gambling with it. I will share that with you here so that you can improve your profitability and remove emotion from your trading as this will help you make decisions with a clear purpose.


    Here are the top 3 things that every trader should check before entering a trade. This will certainly help to put the odds in investors or traders favor.


    1. Check the trend! It is so important to see and check the trend of a stock. The strongest trends are when a stock is trading above the major moving averages such as the 20, 50 and 200 day moving averages. This alone will help you enter strong relative strength stocks and leave the weak equities alone.


    2. Check for earnings! As a professional stock trader I will not hold a stock into its earnings announcement. While many people do, I simply feel that it is gambling. I cannot predict the reaction from the earnings report or conference call that follows the announcement. So I simply avoid trading a stock into earnings announcement. In my early years I would always hold a stock position into earnings but soon found out that one big loser would wipe out all of my other prior winners. In my opinion, it is simply not worth holding stocks into earnings.


    3. Check for major resistance and support levels!. There are so many times when I see traders not knowing what type of support and resistance levels the equity they are trading might be running into. We can identify this by looking at a chart of the stock that we are trading. It is crucial to know if major support/resistance is in play soon or if it is minor. This takes some practice to fully learn and understand, but it is often the difference between success and failure. The bottom line, get educated on the charts as that represents the money flow in and out of a stock.


    There are also lots of other important things that you can add to a checklist before entering a trade. These three checklist points mentioned are some of the most important that I use personally. Try it out and see how it works for you. As you get these down, then start to add in more factors as that will only increase your winning percentage and make your trading/investing career all the more enjoyable! I’m confident that by simply creating a checklist before entering a position you will help increase the odds of a successful trade.


    Nick Santiago
    Chief Market Strategist
    InTheMoneyStocks.com
     

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