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Trading Strategy: Long: ProShares SHort S&P 500 ETF (SH) Ideal Entry: 14.30 Stop-loss Option: 13.76 Target: 15.79 Risk Rating: 3.5 SH: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs

Trading Strategy: Trading Notes: Considering the massive gaps higher and lower over the past week, holding off on any new long positions has spared me of a lot of unnecessary pain, while it is boring, it is much better than having bought the dip so far. Why I'm not getting short this week, is because we

Trading Strategy: Trading Notes: The high risk nature of this market can't be emphasized enough. I've been extremely quiet over the last couple of weeks of trading, and it isn't because I want to be, but because I should be. Considering the nature of massive gaps higher and lower, managing risk, and finding ideal entries, when

Trading Strategy: Trading Notes: This is a very challenging trading environment. While yesterday's move felt great on the surface, the reason for me not participating in the rally with any new trades was because of the market internals showing much more weakness than what the Nasdaq or S&P 500 were conveying. Small caps were struggling mightily,

Trading Strategy: Trading Notes: I was tempted to put 1-2 new trade setups to play the potential bounce, following last week's sell-off. I've decided not to, knowing that the Sunday night bounce in futures could easily evaporate tomorrow following the open of regular trading hours. There's a number of ways to approach tomorrow: Use the bounce

Trading Strategy: Trading Notes: I'll be taking today and Friday to step away and spend time with family during the Thanksgiving holiday. The stock market will be closed tomorrow and only be trading until 1pm on Friday. I hope you all have a wonderful holiday and want to let you know how incredibly thankful I am

Trading Strategy: Trading Notes: It was evident by the sell-off that ensued yesterday that the market is starting to take note of the underlying weakness that has been prevalent in the stock market the past couple of weeks. Here you still may see an attempt to buy the dip today and into the end of the

Trading Strategy: Trading Notes: The market's decay under the surface, with breadth and the overall weakness/lack of participation by all the sectors (yes, even technology), has been eye opening. Following my top-down approach to trading, if the sectors/industries aren't aligning with overall market indices, I don't simply buy stocks anyways. While $XLK ETF (tech etf) looks

Trading Strategy: Trading Notes: Yesterday was quite alarming (not just with TLRY) but with the overall market, where SPX had new closing highs and the Nasdaq 100 with new all time highs, yet breadth of the overall market continues to deteriorate at a rapid pace. Even with the latter index, 70% of those stocks were trading

Trading Strategy: Trading Notes: We're at the point in the stock market rally, where the Nasdaq and S&P 500 sits at all time highs, while an ever increasing number of stocks are creating new lows for themselves. Over the 8 trading sessions, the % of stocks trading above their 200-day moving average has dropped from