FRIDAYS TRADING JOURNAL

Good morning everyone! This is the second entry of the Trading Journal section. Friday the 6th of March started off very well. I was patient, waiting for an opportunity to present itself in the futures market. Although I ended the day green I gave back almost half of my earnings towards the end of theContinue reading “FRIDAYS TRADING JOURNAL”

MARKETS DROPPING FROM CORONAVIRUS

This is a little late, but so far the stock markets are seeing red due to the coronavirus spread. The SP index has dropped considerably over the past week, with very little pullback to the upside. How long will the slump occur? It is difficult to say. As of right now we know the marketContinue reading “MARKETS DROPPING FROM CORONAVIRUS”

DAY TRADE CHECKLIST!

We have all made trades that didn’t make sense, only to look back and wonder why we made that trade in the first place. As beginners in the market learning to day trade we can make a ton of mistakes. Many of those mistakes can be avoided though. How many of you actually have aContinue reading “DAY TRADE CHECKLIST!”

MARKET BACK AT ALL TIME HIGHS

Good morning everybody!! waking up to the market stretching all the way back above its previous high is a common thing in todays market. We just witnessed a really shaken market the past couple of weeks with the coronavirus outbreak. this is the time we are in. These markets are really strong, however; today weContinue reading “MARKET BACK AT ALL TIME HIGHS”

STOCK MARKET : A LOOK AHEAD

Happy Sunday, today we will be looking ahead at the coming week in the stock market. This past week has been turbulent with a ton of reported earnings and the scare of the coronavirus outbreak. The SPY has, in the previous trading session bounced off of the 200 day EMA on the Daily chart. IContinue reading “STOCK MARKET : A LOOK AHEAD”

US ECONOMY, SP 500 EXPLOSION

Welcome back traders! Last trading day for me was red (-80) bucks trading the Nasdaq future. Today, although I was not able to trade, was a fenominal one. The major market indexes have closed just points away from making new highs. Say what you will, but so far under President Donald Trump the economy isContinue reading “US ECONOMY, SP 500 EXPLOSION”

JOBS REPORT AND THE MARKETS!

Today is a big day for the market indexes. At 0830 EST we will have access to the jobs report. So far the market has had extreme volatility. Yesterdays trading session was wild to say the least. The SP 500 had a major crash to the downside but then not only recovered its loss, butContinue reading “JOBS REPORT AND THE MARKETS!”

WATCHING THE MARKET S & P 500

Good morning traders, The market is undoubtedly changing. We are seeing some “prop” action from the Fed by injecting the market with Repos. On the Technical side we are seeing the S & P unable to make a New high on the Daily chart. The price action has pushed it back up to the 3020Continue reading “WATCHING THE MARKET S & P 500”

TODAYS TRADES /ES, KOOL!! +$1250

Todays trades went really well. I made two significant trades today, one in the futures market and one low float trade. Let’s first dissect the Futures trade that I made on the S & P mini (/ES). This morning as seen in the chart above the /ES mini price dropped quickly at open and thenContinue reading “TODAYS TRADES /ES, KOOL!! +$1250”