• Trading Strategy: Trading Notes: The market is very much leaning towards a bounce here. My only beef with that (and it doesn't matter really because the market does what it wants) is we didn't break the February lows - instead $SPY bounced off of the March lows, keeping us from having lower-lows. No trade setup this

    By |Published On: April 27, 2022|1 min read|
  • Trading Strategy: Trading Notes: I'm not looking to get anymore short here at this stage of the sell-off. Instead, today will be about managing the current positions that I already have. While the Russell 2000 and Nasdaq have both broken below their lows from February, SPX still has not. I'll be quite interested in seeing what

    By |Published On: April 26, 2022|1 min read|
  • Trading Strategy: Long: ProShares Short S&P 500 ETF (SH) *See Notes Below* Ideal Entry: 14.93 Stop-loss Option: 14.10 Target: 16.60 Risk Rating: 3.8 SH trade setup based on the SPY chart.  SH: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after the first 30

    By |Published On: April 25, 2022|2 min read|
  • Trading Strategy: Trading Notes: Equites look to continue on the path lower to start the week. SPY is reigniting that head and shoulders pattern, while the Russell 2000 broke out of a well developed bear flag pattern. I'm comfortable at this point with the two positions I currently have.  I'm not against adding new bearish positions

    By |Published On: April 24, 2022|2 min read|
  • Trading Strategy: Long: ProShares Short Russell 2000 (RWM) *See Notes Below* Ideal Entry: 23.06 Stop-loss Option: 22.09 Target: 26.75 Risk Rating: 4.0 RWM: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the

    By |Published On: April 21, 2022|2 min read|
  • Trading Strategy: Long: ProShares UltraShort (QID) *Sent Intraday Wednesday* Ideal Entry: 19.30 Stop-loss Option: 18.72 Target: 23.00 Risk Rating: 4.1 QID Chart based off of the price action on the QQQ Chart Trading Activity: Setups Triggered: QID Setups Waiting to Trigger: None Active Trades: QID Trades/Setups Removed/Closed: NVDA (NT) (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are

    By |Published On: April 20, 2022|1 min read|
  • Trading Strategy: Long: Nvidia (NVDA) *See Notes Below* Ideal Entry: 225.01 Stop-loss Option: 210.77 Target: 260 Risk Rating: 4.2 NVDA: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs of the

    By |Published On: April 19, 2022|1 min read|
  • Trading Strategy: Long: ProShares Short S&P500 (SH) *Sent intraday Monday* Ideal Entry: 14.57 Stop-loss Option: 14.24 Target: 15.60 Risk Rating: 3.3 Trading Activity: Setups Triggered: SH Setups Waiting to Trigger: None Active Trades: SDS (2/3), PSQ (2/3), RWM, SH Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official trades that I take, instead

    By |Published On: April 18, 2022|1 min read|
  • Trading Strategy: Trading Notes: I'm not going to come in with a new trade setup this morning, but I am strongly considering adding SH to my portfolio in the early going. I want to first wait and see how the market internals and overall price action looks before getting more aggressive. Overall the price action continues

    By |Published On: April 17, 2022|1 min read|
  • Trading Strategy: Trading Notes: Stocks rallied hard yesterday, leaving us as traders to figure out whether it is a one day ripper like we have seen plenty of times before or a much bigger rally like the one we saw start off fo the March 14th lows. If it is the latter, I don't have

    By |Published On: April 13, 2022|2 min read|