PinnedMember-onlyHow Mark Minervini won U.S. Investing Championship 2021 by 334.8%The United States Investing Championship is a real money verified competition that allows up-and-coming traders to showcase their talent on the world stage. Prior top performers include Paul Tudor Jones and Louis Bacon. Participants specify an account number at the beginning of the year for tracking purposes. Brokerage statements associated…Stocks16 min readStocks16 min read
9 hours agoMember-onlyTrading Plan: 27 March 2023Nasdaq (+0.31%) had an inside day with low volumes. It seems the traders are still waiting for a direction. The overall reaction to the FED news is not bad, but watching and waiting for a direction is paramount now. The price is above all the key averages and might test…Trading Plan6 min readTrading Plan6 min read
3 days agoMember-onlyTrader Stewie after 15 years of tradingNever underestimate the power of a momentum move. Up or Down. Once the freight train is in motion, it will keep going much further than most have anticipated. Price is the only thing that matters. Adapt to it, don’t fight it. Don’t underestimate the power of desperate money managers in…Trading8 min readTrading8 min read
4 days agoMember-onlyTrading Plan: 23 March 2023Nasdaq (-1.60%) began the day on a positive note, even before the FED news, but the last hour of trading was brutal, sending the price lower to close the previous day’s gap. The high of the day was in a resistance area and some sell-off was not out of ordinary…Trading4 min readTrading4 min read
4 days agoMember-onlySteve Burns: 65 lessons after 30 years of tradingA trend can go farther and longer than I ever expect. The best traders are open-minded and flexible in their trades. For most traders less trades is better than more trades, focusing only on the best setups and stocks. Be opened minded to the potential of new stocks and markets. …Trading4 min readTrading4 min read
6 days agoMember-onlyLinda Raschke: 50 Stock Trading RulesPlan your trades. Trade your plan. Keep records of your trading results. Keep a positive attitude, no matter how much you lose. Don’t take the market home. Continually set higher trading goals. Successful traders buy into bad news and sell into good news. Successful traders are not afraid to buy…Trading4 min readTrading4 min read
Mar 20Member-onlyTrading Plan: 20 March 2023Nasdaq (-0.74%) made a pullback with above-average volumes, the price stabilized at the breakout line and remained above all key averages. The price action is not bad, we need to identify the next move: uptrend continuation (a price above 11.830 will be very constructive.) vs. …Investing4 min readInvesting4 min read
Mar 17Member-onlyTrading Plan: 17 March 2023Nasdaq (+2.48%) made an impressive move yesterday with a little bit more than average volumes. The wide range bar that ignited from EMA21/SMA50/SMA200 might signal a good momentum, but do not forget the economical situation is not a good path at least yet (inflation, banks issues, rates, etc.). …5 min read5 min read
Nov 28, 2022Member-onlyTrading Plan: 28 November 2022Nasdaq (-0.52%) made an inside day with shallow volumes. Nothing changed from the last assessment, the price stays above the EMA21 and SMA50 and it seems it builds a base here. A breakout from this consolidation area might be healthy. …Trading Plan3 min readTrading Plan3 min read
Nov 25, 2022Member-onlyTrading Plan: 25 November 2022Nasdaq (+0.99%) went higher with bigger volumes than the previous day. As already stated, building a base here before a potential breakout is a healthy price action. Watching this channel while also keeping an eye on a possible violation of the recent support (SMA50 / EMA21 area). SP-500 (+0.59%) went…Stocks3 min readStocks3 min read
