Welcome to Smart Money Alerts for Thursday March 5, 2020.The FOMC induced coronavirus bounce has hit a wall. We’re looking at roughly a 500 point lower open in the Dow.This market is amazing if you’re a full-time trader.If you’re not, today’s episode of Stocks for Breakfast is a must-watch because I give you strict parameters […]
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How do you determine share size per trade? Is it documented in a written trading plan? Day trade and risk go together, it’s tough to say one without the other. The problem for most new day traders is they never learn to adjust risk with volatility. A $500 risk is not the same in every stock or from […]
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Hello and welcome back to Smart Money Alerts for Wednesday March 4, 2020.Increased stock market volatility has amplified the opportunities for day traders. Today we review my favorite day trading strategy using AAPL to demonstrate.Today’s lesson popped up from a recent conversation about predicting long-term direction. Something I’m not willing to do.I’m not sure anybody […]
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