Jan 26, 2020
In the last video (Trader Therapy with Jack Kellogg and Kyle Williams), a subscriber asked us how to track winning setups and what criteria we use to track them. Kyle did a great job answering that question, but I just wanted to show you how I do it with a specific Excel example.
Before we get into it, let me just say...
Jan 19, 2020
Jack Kellogg, Kyle Williams and I had a great conversation about the challenges of day trading that both beginner and experienced traders face.
We talked about January trading; all three of us have a green month so far. However, Kyle mentioned that while he was still profitable, he took more losses in January than he...
Jan 15, 2020
Day trading seems easy at first, right? But soon you realize that you won’t get too far just looking at the price chart alone. You also have to keep the volume dynamics in mind.
Let’s say we have a stock that’s topped out. It’s at $1.80 and it’s creeping up to $2. It’s obviously going to break the $2 mark,...
Jan 12, 2020
Mike, Nick, and Alex started day trading about 6 years ago. Having worked as busboys and waiters, they knew the value of a dollar and were looking for something to make them more money.
They pulled money together and started an account with $1000. On his first trade, Mike scored big with Rite Aid stocks, effectively...
Jan 8, 2020
During the month of December, I challenged myself to avoid my PnL chart and only look at it at the end of the month. December turned out to be profitable, but not as much as I would like it to be.
This is a tip for beginner traders who are still in search of their strategies and favorite setups. As a short seller, you...