SHOULD YOU WATCH YOUR P&L WHEN YOU’RE DAY TRADING?Today’s episode of Stocks for Breakfast is a segment from a recent boot camp coaching call (every Monday night).Do you trade your P&L? In other words do you trade more aggressively when your positive for the day? Do you trade cautiously and try to “chip away” at […]
CONTINUE READINGHow to Avoid Quick, Big LossesDon’t chase price…This common trade setup is one to avoid if you are are a new trader, especially if you are day trading.Moves happen fast. the upside is tempting, but the reality is, this setup is a loser for most traders.Today we discuss a stock that is trading 62% higher […]
CONTINUE READINGIn today’s stock trading lesson we review one of my favorite day trading tactics that tells me when to book quick profits for cash flow, and when to increase my size and hold my winning traders longer.The NYSE TICK index compares the number of stocks that are rising to the number of stocks that are […]
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