Day Trading is a very, very difficult thing to undertake. Anyone who has attempted to trade for any amount of time has questioned whether or not Day Trading was actually feasible at one point or another. Hitting “the wall”, taking another loss, or missing a big move takes a toll, but it all is worthContinue reading “Things I have Learned Day Trading for a Full year”
Tag Archives: stock market analysis
Topic : Let’s Explore, Market Condition.
We have all traded through different markets. Some markets are responsive markets and have a rational flow, others are super volatile with large irrational swings. As we continue on our trading journey it is important to keep track of the market behavior and how that behavior affects our edge.
PRE MARKET MTP 7/19/2019
Good morning traders, MTP making some big moves to the upside pre market this morning. This stock has surged from $1.40 cent area to over $3.00 dollars on news from the company. That is some momentum. Let’s look at some data: MTP FLOAT : 25 million shares PREMARKET VOLUME: 2 million NEWS : 8K fillingContinue reading “PRE MARKET MTP 7/19/2019”
TODAY’S TRADE FCEL
Todays trade was on a very cheap stock, FCEL. This particular trade happened after the big price action move early in the trading session. I saw this stock around 10AM when it was already starting to loose momentum. I left the chart open to monitor FCEL for any new opportunities. My trade on this stockContinue reading “TODAY’S TRADE FCEL”
Pre Market and Bitcoin
Today we are looking at a couple of interesting fundamental drivers that could fuel some areas of the market this morning. Currently bitcoin has surged to over 9,000. As a day trader I can say that this news has created great opportunities before. RIOT is moving premarket off of the surge in bitcoin. RIOT hasContinue reading “Pre Market and Bitcoin”
Watching the Market (ES mini Futures)
Over the past month we have seen the market decline due to the escalation of the trade war between the U.S and China. Donald Trump has imposed tariffs on Chinese goods and is slowly adding to them. So far in the S&P 500 index and DOW JONES we have seen sharp declines, and will mostContinue reading “Watching the Market (ES mini Futures)”
ELTK COULD WE SEE MORE MOMETNUM?
ELTK has seen some crazy attention for the past two days. Already premarket today we are seeing a small uptick in volume and price. It will be interesting to see how this stocks price action plays out today. ELTK Float : 4 million Premarket volume: 130k News: no news today, but multiple runs and anContinue reading “ELTK COULD WE SEE MORE MOMETNUM?”
Watching the Overall Market : /ES Mini 500
Day trading has always ben my thing, but I cant help noticing the trend of the overall market indexes such as the /ES mini. I like to also trade futures from time to time and the S&P 500 is the most liquid of the futures contracts to trade. If you remember towards the end ofContinue reading “Watching the Overall Market : /ES Mini 500”
PRE MARKET 5/20/2019 OTLK
Good morning traders! Again this morning we are seeing pretty significant price action on OTLK. This is a previous runner that has a low float. I am really going to be watching this one as it has touched the $3.00 dollars in the pre market session. Float – 11 million Pre Market Volume – 2,4Continue reading “PRE MARKET 5/20/2019 OTLK”
PRE MARKET ANALYSIS 5/17/19 OTLK
Good morning everyone, and thank you for your support. This morning we are seeing more activity out of OTLK. PRE market this morning the price action has broken past the $2 dollar area. Yesterday we saw OTLK make grinding moves to the upside so we may see some continuation. Float – 11 million shares VolumeContinue reading “PRE MARKET ANALYSIS 5/17/19 OTLK”