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tREwTVgYJ58
What is a good trend line setup for identifying trading opportunities?
this is a very long-term trend line here that starts all the way back in December of 2021 nice touch there coming into play right here big breakdown on volume
Technical Analysis
0.9
tREwTVgYJ58
What are some key indicators of a bearish market?
the whole energy sector is under pressure right now so yes there were opportunities to short this stock during the course of the week and that's what you have to do is you have to wait for your windows of opportunity
Market Analysis
0.9
Tta2tZmaQw8
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
Tta2tZmaQw8
What happens when you close out a bullish put spread?
You close it out when you're have 25% 50% and so on or do you just hold them to uh expiration that win rate of 83% is dependent on you getting the full credit 20 cents if if you're taking on average 15 cents credit right which means now you're risking 85 cents per trade um then your win rate goes up you need to win aro...
Options Trading
0.92
Tta2tZmaQw8
How do you reconcile cutting losers and giving breathing room to trades that are running?
Cut your losers and give breathing room to your trades that are running going to use an example from this morning and I'm going to look at the S&P which kind of puts us in that mode to discuss what's happening in the market so S&P context you've got some pretty decent selling pressure that's taken place over the last t...
Trading Psychology
0.9
Tta2tZmaQw8
What is a good entry point for trading momentum stocks?
You want to get in on a small starter position and then add when you have confirmation on it so sfix would have given you that confirmation along the way keep adding and now yes even though your average cost is right ringing it's still well below the price of the stock
Momentum Trading
0.88
Tta2tZmaQw8
How do institutions move the market?
Institutions look at the daily chart will give you your best indications of where support and resistance is that's used by idiots like all of us who are retail Traders but by institutions and institutions are who moves the stock
Market Analysis
0.95
Tta2tZmaQw8
What is a good time to take profits on swing trades?
You should take a third of your positions off now you still got a third of your bullish swing positions on into year end we had a pullback anybody that didn't take that advice is feeling pretty crappy the first three days of this week okay now everything's back but you're thinking gosh I should have taken those gains w...
Position Sizing
0.92
Tta2tZmaQw8
How do you gauge an exit based on technicals?
You put up the daily chart first thing you want to do is draw a line from the bottom of 116 connect that line to the bottom of 122 connect that line to the bottom of 1210 and then to the bottom of today that gives you your bottom end of that wedge then connect a line from the top of 1125 connect it again to the top of ...
Technical Analysis
0.9
TVBmnkmE_L8
How can you identify a shorting opportunity on the open?
Watch for at least three stacked consecutive red candles in the first 30 minutes of trading.
Technical Analysis
0.95
TVBmnkmE_L8
What is the key to successfully legging out of a bullish put spread?
You need to make sure that you have your momentum, your market opinion has changed, and your opinion of the underlying stock has changed.
Technical Analysis
0.95
TVBmnkmE_L8
What are the conditions for a bearish divergence?
This could turn out to be what we call a bearish divergence, 1op rally, rally, rally, and we don't get much lift out of the market.
Technical Analysis
0.95
TVBmnkmE_L8
What are the signs of momentum in the market?
Stacked red candles, especially when institutions are selling aggressively.
Market Analysis
0.95
TVBmnkmE_L8
How can you be confident shorting a stock after a sell-off like this?
Look for strong trend strength, and consider the overall market context, including stacked long red candles.
Trading Psychology
0.95
TVBmnkmE_L8
What should you look for when evaluating a short position on a daily chart?
Look for bearish patterns such as breaching an upward sloping trend line, and being below major moving averages.
Technical Analysis
0.95
TVBmnkmE_L8
What is the importance of understanding market momentum when trading?
It's crucial to understand market momentum when trading, especially when legging out of bullish put spreads.
Trading Psychology
0.95
TvoW0whWJJE
What should be the trader's mindset when there's no stimulus deal?
the market wants a stimulus deal now not progress not nice chitty chatty it wants a deal today anything less is going to spark some selling pressure
Market Analysis
0.95
TvoW0whWJJE
What is the recommended moving average setup for identifying trading opportunities?
the 50-day moving average is the first level of support that we really have to watch and then the 100-day would come into play
Technical Analysis
0.9
TvoW0whWJJE
How should traders adjust their strategy during market volatility?
i believe that you need to focus more on day trading right now i think you should keep your swing trades to a minimum see what happens over the course of the next couple weeks
Trading Psychology
0.85
TvoW0whWJJE
What is a failed breakout and how can it be used as a trading opportunity?
if you're a buyer and you see this breakout right here you start getting long and you buy and where would your stop be well i'm going to have my stop right at that breakout so when the stock comes below that breakout that support level that should have held when it fails anybody that was buying in here is going to be s...
Technical Analysis
0.9
TvoW0whWJJE
What are some potential trading opportunities on the short side?
i'm looking at netflix intel and crm as possible shorts on the day trade side these stocks are weak relative to the market
Market Analysis
0.8
TvoW0whWJJE
What is a bearish divergence and how can it be used in trading?
when you have the market down down down the indicator up up up that tells you that this trend is intact and it's very strong and we're just about to get a bearish cross
Technical Analysis
0.9
TvoW0whWJJE
What are some key considerations when trading with a relative weakness search?
i like when i go through these searches to see a stock that is already down i don't want a stock that is rallying and simply pulling back a little bit so i'm visually just going through to see if anything catches my eye
Market Analysis
0.8
ty2d-HSxjPU
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
ty2d-HSxjPU
What is the best approach to position sizing when trading?
for swing traders who are leveraged like we are you've got to be extraordinarily cautious because a move like this can wipe out your entire account
Position Sizing
0.9
ty2d-HSxjPU
What is the strategy for buying options in the last hour of trading?
we try and buy options for pennies in the last hour of trading that have a chance of going in the money where we can sell them for maybe 20 or 30 cents
Trading Systems
0.92
ty2d-HSxjPU
What are some key metrics to watch for when identifying potential trades?
i highlighted a number of metrics that i highlighted in wednesday night's weekly swing training video i'll be releasing that to youtube tomorrow so make sure to watch that
Market Analysis
0.88
ty2d-HSxjPU
What is the importance of market tailwind for trading?
ideally we get a little bit of a market dip in the last hour of trading that is our entry point for some of the strongest stocks so that's what the search is going to look for
Trading Psychology
0.95
ty2d-HSxjPU
What are some key factors to consider when identifying potential shorts?
the keystone pipeline build up might be canceled that wouldn't be good for the energy sector it certainly wouldn't be good for canadian oil stocks so watch that
Market Analysis
0.85
ty2d-HSxjPU
What is the recommended approach to trading when the market is overextended?
i feel that the market is over extended i have a number of metrics that i highlighted in wednesday night's weekly swing training video i'll be releasing that to youtube tomorrow so make sure to watch that
Risk Management
0.9
tZg9ubILtBQ
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
tZg9ubILtBQ
How do you calculate the number of contracts for a $10,000 account?
we need to set aside two dollars per contract divided by a thousand dollars equals five contracts that's how we do the math on these
Position Sizing
0.98
tZg9ubILtBQ
What is the statistical edge of selling an out-of-the-money bullish put spread?
we've also got a statistical edge here because the stock would have to move an awful lot for this spread to get into trouble it's already breaking out possibly some of that pre-earning strength is already starting to show itself
Trading Psychology
0.92
tZg9ubILtBQ
How do you identify stocks with relative strength?
we've got a search that's canned it's called buy into earnings this is one of the canned options stalker searches that looks for pre-earnings plays all of these stocks are going to be announcing within the next two weeks and they all have liquid options
Market Analysis
0.95
tZg9ubILtBQ
What is the importance of market analysis in trading?
75 percent of all stocks follow the market if you get the market wrong there is a 75 chance that you are going to lose money that's why we start with the market that's why i put so much emphasis on it
Trading Psychology
0.98
tZg9ubILtBQ
How do you use technical patterns in trading?
i want you to understand the technical patterns that we're looking at and you don't hear many websites or many analysts or quote-unquote gurus talking about how the overall market dictates what your option trading should be
Technical Analysis
0.95
tZg9ubILtBQ
What is the role of margin borrowing in trading?
we know that margin borrowing on a dollar basis right now is at historic highs vix is extremely low we have the market riding the upper end of the bollinger band valuations are stretched
Risk Management
0.92
u1S8aRcJYlk
What is a bullish divergence, and how does it signal strong market trend strength?
this is actually a bullish divergence this is a sign that the current trend strength is very very strong
Technical Analysis
0.95
u1S8aRcJYlk
How do you identify trading opportunities in a compressed market with a bullish cycle?
when i don't see any market pullback especially after this type of big sell-off on the open i'm thinking hey this next bullish cross is probably going to be a good one
Technical Analysis
0.95
u1S8aRcJYlk
What are some common trading signals based on the 1op system, and how do you interpret them?
these are signals generated by the trading system so clearly marked on the chart yeah there's a long right in there but you got short you more than offset that loss
Technical Analysis
0.95
u1S8aRcJYlk
How do you manage risk when dealing with commodity stocks, and what are some technical analysis techniques to use?
commodity stocks so they trade like commodities so you have to use technical analysis downward sloping trend line breach to the upside entry point
Technical Analysis
0.95
u1S8aRcJYlk
What is a bullish hammer, and how does it signal market strength?
when you get your follow-through when you get your bullish hammer you get your follow-through you go back on the chart and look everywhere where you get these bullish hammers especially off of a relative low that closes on its high like that that is a capitulation very heavy volume
Technical Analysis
0.95
u1S8aRcJYlk
How do you evaluate market conditions before an interest rate policy change, and what are some key factors to consider?
they evaluate and if the market is fine the economic conditions are fine then they gradually start coming in and buying we've had some of the biggest market rallies in history during a rising interest rate environment
Market Analysis
0.95
u1S8aRcJYlk
What are some key indicators to watch when considering a swing trade, such as trend lines, moving averages, and relative strength?
above the 50-day nat was the symbol there and i can go in and i could take a look at another search
Technical Analysis
0.95
u1S8aRcJYlk
How do you manage your position size when trading commodity stocks, which are known for their high volatility?
got to buy dips got to buy dips you'd be taking profits up here and waiting for the next dip to reload that's how you have to trade commodity stocks
Position Sizing
0.95
u1S8aRcJYlk
What are some common trading setups that work well in a rising interest rate environment, and how can you incorporate them into your trading strategy?
we've had some of the biggest market rallies in history during a rising interest rate environment i also took a look back historically the market has also had a tendency to rise during periods of inflation
Technical Analysis
0.95
u2qqIIyQ4r0
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
u2qqIIyQ4r0
How to identify a market top or bottom?
when you see three red bars like this in a row four in this case typically on big moves like that that was a 20 point s p move typically you are going to have a little bit of a bounce
Market Analysis
0.9
u2qqIIyQ4r0
What is the best strategy for day trading in this market?
still very very short to make money very very difficult to make money on the short side because the market is in an uptrend so you don't want to be caught on the wrong side of a market move your best strategy right now is to wait patiently for these big drops
Day Trading Strategy
0.92
u2qqIIyQ4r0
How do you evaluate earnings announcements?
if i look at the amount of time that i could have spent evaluating other opportunities it ended up being a waste of time for me so if you like to trade earnings you can take your chances on that one but i am going to wait until after the number plug still doing very well
Earnings Analysis
0.88
u2qqIIyQ4r0
How do you identify a strong stock with momentum?
i think s-r-n-e looks good today so i've given you some pretty decent stocks to take a look at we'll click through a couple more i'm going to try and find ones that are not cyclical because most of these are a a cyclical ccl kss retailer mos is somewhat a cyclical stock but i really like this one
Stock Analysis
0.9
u2qqIIyQ4r0
What is the best way to trade during a market rally?
right now we're at a juncture that's pretty close to this i see keeping your overnights very very small so let's see if we can find another good trade in here
Trading Strategy
0.9
u2qqIIyQ4r0
How do you set up a bullish put spread?
keying off of that uh you'd have to go down to the 102.50 strike price it's only at 106.35 so selling the 102.50 and buying the 100 puts i think that would set up for a nice bullish put spread
Options Trading
0.92
u3GfNY4sD98
What is the recommended moving average setup for identifying trading opportunities?
you do not need to chase stocks wait for those pullbacks of the 50-day moving average this is where you want to buy you get a nice rally up to the resistance level that's where you want to take profits
Technical Analysis
0.95
u3GfNY4sD98
How do you identify stocks with high potential for breakout?
look at stocks that gapped up and have not given back an inch not an inch did they give back those are the ones that want to run
Technical Analysis
0.9
u3GfNY4sD98
What is a good strategy for day trading during market volatility?
i like day trading right now if we get a nice decent pullback to that 50-day moving average and i believe that there's a good chance that it might happen in the course of the next few days then i will try and look for some swing trades again
Trading Psychology
0.85
u3GfNY4sD98
How do you handle stocks with high price movements?
you get nice long green candles like that you give up more than half of this long green candle here you got to be out you got to take profits
Risk Management
0.9
u3GfNY4sD98
What is the significance of hourly wage component in unemployment report?
watch the hourly wages component of the unemployment report tomorrow i believe that is the key and not necessarily the absolute number of new jobs because we know a lot of people are getting hired right now
Market Analysis
0.8
u3GfNY4sD98
What is a good strategy for swing trading during market volatility?
my goal is to keep everyone on the right side of the market and to show you the best prospects early which by the way gm is going to be one of my stock picks for the day
Trading Systems
0.85
u3GfNY4sD98
How do you identify potential trading opportunities in a range-bound market?
i see the market being trapped in range i don't believe we've got the catalyst for a big market breakout so reduce your trade count reduce your trade size look for a sideways market for the next month and a half or so
Market Analysis
0.9
uDF0NEnbJj0
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
uDF0NEnbJj0
What is the significance of the downward sloping trend line in this market?
we had a similar instance just last summer so let's set the table here we had this upward sloping channel we broke out above the upper end of that channel and that told us that we were in a buying climax not to do anything but to wait for prices to come in
Technical Analysis
0.95
uDF0NEnbJj0
How does the 1op indicator work on longer time frames?
you really have to know how to interpret the 1op signal but yes it absolutely will work and I'm going to show you how it works on a longer term basis on the spy
Technical Analysis
0.95
uDF0NEnbJj0
What is the recommended strategy for selling out-of-the-money bullish put spreads?
I think that selling some out of the money bullish put spreads is in order and I'm gonna actually buy some calls today but we're gonna do it in a creative fashion so that we can use time decay to our advantage
Trading Psychology
0.95
uDF0NEnbJj0
What are the key factors to consider when selecting stocks for trading?
you've got relative strength boy this is a really nice list of stocks and there's one that I want to show you right now netflix has a tendency to rally into earnings let's hover over that e 10 20
Market Analysis
0.95
uDF0NEnbJj0
How does the option expiration cycle work in relation to earnings announcements?
we like to sell options that expire before the earnings announcement and we like to buy options that expire after the earnings announcement so we have an expiration cycle on october 16th that expires before that earnings date
Technical Analysis
0.95
uDF0NEnbJj0
What is the recommended strategy for creating a diagonal call spread?
I'd love to be able to have everything expire worthless except for those 110 calls and I'd like to be long those into the earnings announcement for two dollars and fifty cents
Trading Psychology
0.95
uflpeMNQDE0
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
uflpeMNQDE0
How do you determine when to buy Tesla, and why?
incredible relative strength yesterday you can see how the stock rallied up yes it compressed most of the day after that video was taken but here's the tell this is the towel and this is the edge that we trade
Market Analysis
0.85
uflpeMNQDE0
What is the significance of a bullish 1op cross in the market?
okay that's immediate selling pressure right out of the gate we didn't have that so for the first half hour the market was able to hold all of these gains okay that's pretty nice aha there we've got our bullish 1op cross right about in here
Technical Analysis
0.9
uflpeMNQDE0
How do you know when to expect resistance in the market?
listen folks we're near the all-time high here we should expect some resistance
Market Analysis
0.8
uflpeMNQDE0
What is the purpose of using relative strength as a trading tool?
relative strength is simply measuring the stocks performance relative to the s p 500 that's how we use it
Technical Analysis
0.9
uflpeMNQDE0
How do you determine when to take profits in a trade?
don't be greedy you've got to take profits along the way should always scale in and scale out of positions that's how we trade
Trading Psychology
0.85
uflpeMNQDE0
What is the significance of a bearish cross in the market?
that means that it's kind of a one-and-done they just wanted to take out the sell stop orders and now we're going to resume the rally back up
Technical Analysis
0.9
UGpCOP9sLaM
What should be considered when evaluating a trade?
you should not swing trade you should day trade if you day trade you can stay very flexible you can roll with the punches
Trading Psychology
0.95
UGpCOP9sLaM
How to identify potential trades based on market conditions?
when we see this kind of selling pressure it's a good time to short because typically if you zoomed out to a weekly chart and you took a look at how strong the market's been over the course of the last couple day a couple years look at that strength every single dip has been bought aggressively bought not this one
Market Analysis
0.92
UGpCOP9sLaM
What are some characteristics of a potential long trade?
beautiful breakout here through horizontal resistance again the gray line is the s p 500 you can see how the stock broke through and now we're getting some long green candles stacked
Technical Analysis
0.9
UGpCOP9sLaM
How to identify potential short trades?
big volume i like it that tells me that the stock is selling off on heavy volume here's the tell for me big red candle down to the support level here you can see how it's below all the major moving averages very steady downward sloping trend line
Technical Analysis
0.93
UGpCOP9sLaM
What are some indicators of market weakness?
if the market sells off hard monday morning and you get a market bounce you're going to be waiting for an opportunity if it is weak relative to the market so that's what you're going to be looking for is that relative weakness
Market Analysis
0.94
UGpCOP9sLaM
How should traders approach trade opportunities?
wait patiently for signs that the market is finding support again don't even touch cop until you are certain that the market has found support that's how we trade
Trading Psychology
0.96
UGpCOP9sLaM
What are some characteristics of a potential short trade?
big red candle down to the support level here you can see how it's below all the major moving averages very steady downward sloping trend line after a red candle like that you are usually going to see some retracement shorts will take profits and they'll drive it higher
Technical Analysis
0.92
UiEIc5x5ClI
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.95
UiEIc5x5ClI
What is the recommended strategy for selling out of the money bullish put spreads?
we want to distance ourselves from the action we want to focus on strong stocks we want to let time decay work its magic on the notion that if we come down and test this 100 day moving average as we get into earnings season for the next couple of weeks the market will be able to at minimum tread water there maybe inch ...
Trading Systems
0.95
UiEIc5x5ClI
Which stocks are recommended for selling out of the money bullish put spreads?
amat yeah pretty decent love that support line right at the 145 level you've got support at 155. yes the stock could be good look at that big bullish engulfing candle on friday
Position Sizing
0.9
UiEIc5x5ClI
Why should one avoid shorting a gap down?
you do not want to be shorting a gap down you need to give it some time to see what is going to be unfolding this morning because oftentimes on a big gap down you are going to see a bounce on that bounce we want to evaluate what the heck is going on with the market
Market Analysis
0.95
UiEIc5x5ClI
What are some recommended stocks for swing trading?
amat yeah pretty decent love that support line right at the 145 level you've got support at 155. yes the stock could be good look at that big bullish engulfing candle on friday pop plus bull what's the difference between the two these stocks were on the list thursday these stocks were on the list friday
Technical Analysis
0.9
UiEIc5x5ClI
What is the recommended approach for trading the FOMC statement?
try kind of cautiously here with your longer term swing trades selling out of the money put premium know that market conditions are changing and that in all likelihood we are going to be spending more time testing these major moving averages and starting to put in a sideways trading channel
Trading Psychology
0.95
UiEIc5x5ClI
What is the recommended approach for managing risk during market downturns?
you got to be very cautious with them we were putting them on a week and a half ago we were putting them out a week ago and at that point i said you should have your positions on time decay should already be working in your favor
Risk Management
0.9
UkHkjEcqcYY
What are the key factors to consider when evaluating a trading day?
context, context, pre-holiday type trading, pre-fed, triple witching, rejection from a downward sloping trend line, major moving averages.
Market Analysis
0.95
UkHkjEcqcYY
How does the market's behavior between the 100-day and 200-day moving average affect trading decisions?
we're going to be looking to sell an out of the money bullish put spread we're trying to capitalize on this Market being stuck between the 200-day and the 100-day moving average.
Market Analysis
0.95
UkHkjEcqcYY
What is the recommended setup for a bullish put spread?
we're looking for stocks with relative strength, multiple support levels below the current price of the stock, technical Breakout through a downward sloping trend line on heavy volume with relative strength.
Technical Analysis
0.95
UkHkjEcqcYY
How does one determine when to take profits in a trade?
once we get the market right and the stock right, the money comes in hand over fist but that doesn't always happen for us, we could get blindsided by news.
Trading Psychology
0.85
UkHkjEcqcYY
What is the recommended position sizing strategy?
max risk on that position is four dollars which usually where people get hung up with this strategies they go wait a minute Pete I'm going to bring in one dollar that's the most I can make but I'm going to risk four dollars.
Position Sizing
0.9
UkHkjEcqcYY
How does the Federal Reserve's actions affect market movement?
the FED has said they don't even think that we've seen the peak of inflation yet, certainly the ECB chairman Lagarde has said she doesn't think that we've seen the top of the inflation Spike yet.
Market Analysis
0.8
UkHkjEcqcYY
What is the recommended time frame for holding trades?
I want to keep my trades short term, I don't want to go out very far in time, I want to keep everything very very close because market conditions are ever changing.
Trading Systems
0.85
ur9K84KJa3A
What is the recommended moving average setup for identifying trading opportunities?
when you get a market like this the 10 is above the 20 both are rising that's where the money is made and then you know you can use other moving averages too I would I would also use maybe a 50
Technical Analysis
0.9
ur9K84KJa3A
What type of market formation indicates a potential rally?
if it opens higher tomorrow there's a possibility that we could see a nice rally that lasts the entire day we've got to be a little bit careful of a gap reversal
Market Analysis
0.8
ur9K84KJa3A
What is a gap and go formation in the context of trading?
a gap higher where the market is able to compress it's able to hold the gains and then it eventually starts grinding grinding grinding higher that would be a gap and go formation on the upside
Technical Analysis
0.9
ur9K84KJa3A
How can you identify potential trading opportunities using the Relative Strength Index (RSI)?
when you see these long red candles chances are that stock wants to move higher because buyers were undeterred by all the market selling during a day like that
Technical Analysis
0.8
ur9K84KJa3A
What is the importance of patience in trading?
be patient i'll be able to wait for a dip like this and find a better entry point so be patient
Trading Psychology
0.9