In this video, Scott Redler discusses: What signaled Apple’s downturn off the highs How he mixes day and swing trading tactics on a stock like Apple (AAPL) How he spotted a reversal in the stock What made him think Apple would pop How he manages risk in ongoing active trades As of 9/21/2020 at 5:08 p.m ET, Scott Redler held the following positions: Long: AAPL, CMLFU, DKNG, FB, IPOB, IPOC, KCAC, LCA, MBIO, SOAC, SPAQ, AAL 9/25 $14 calls, NIO 10/16 $21 calls, NIO 11/20 $30 calls, SNAP 9/24 $24.50 calls, SNAP 10/16 $27 calls, SONO 10/16 $15 calls, TSLA 10/30 $500 calls, VXX 10/16 $40 calls, VXX 11/20 $30 alls Short: SPY, NIO 10/16 $25 calls, TSLA 10/30 $600 calls, VXX 10/16 $50 calls, VXX 11/20 $34 calls
Continue Reading -->In this video, Scott Redler discusses: How ordering a Peloton (PTON) bike got him interested in the stock Why he ordered the bike in the first place What he’s watching in Peloton stock now The technical analysis techniques he used to analyze the stock How he uses a Tier System to manage trades As of 9/14/2020 at 1:52 p.m ET, Scott Redler held the following positions: Long: BAC, CMLFU, DKNG, HCCH, IPOB, KCAC, MBIO, NIO, NKLA, SNAP, SPAQ, WMT, AAL 9/18 $14 calls, AAPL 9/18 $107.50 calls, JETS 9/18 $18.50 calls, SNAP 9/25 $24.50 calls, SNAP 10/16 $27 calls, VXX 10/16 $40 calls, VXX 11/20 $30 calls, WORK 9/18 $31 calls, ZI 9/18 $40 calls Short: SPY, AMZN 9/18 $2990 puts, QQQ 9/18 $279 calls, QQQ 9/18 $280 calls, QQQ 9/18 $281 calls, SPY 9/18 $338 calls, SPY 9/18 $339 calls, VXX 10/16 $50 calls, 11/20 $34 calls, WORK 9/18 $34 calls
Continue Reading -->In this video, Scott Redler shows how he traded Apple (AAPL) and Tesla (TSLA). Free eBook Mentioned in Video: Scott Redler’s Ultimate Guide to Moving Averages You’ll see: How he trades around positions in tech stocks like these What led to Tesla’s big surge How he used a mix of stock and options to win in Tesla The levels he used to analyze Apple after earnings His philosophy for trading earnings as an active trader Scott Redler’s positions as of 8/14/2020 at 10:08 a.m. ET:
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If you follow me, you know my weekdays are long. I’m up at 4:45 a.m. ET because I have so much to do. Trading is a full-time job, and it’s a hard one that takes a lot of energy. But that’s not all I do. I also write a 1,200+ word Morning Note and record videos for Redler All-Access subscribers. I manage two active Twitter accounts, and I broadcast live on the VTF. Plus, I have to get to the gym every day, and of course — spend time with my family. So on Saturdays, I do what I call “feeding the brain” with videos that re-energize me. Here are some of my favorites. It all starts with the classic “Why Do We Fall” compilation: And you probably know I love Rocky. Here’s a memorial to the great Burgess Meredith, who played Rocky’s trainer Mickey: And here is Admiral William H. McRaven’s University of Texas at Austin 2014 Commencement Address: This is the Death Crawl Scene from ‘Facing the Giants’ — a testament to the importance of doing your best. Ray Lewis tells he story behind his #52 jersey number, and the power of effort: And finally, here’s a video not many people have seen. It’s a tribute to Spartacus, as played by Andy Whitfield: And if you want to feed your brain with some trading information, here are two options: My Free Moving Averages eBook My interview with Investor’s Business Daily:
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T3Live’s Chief Strategic Officer, Scott Redler, joined Investor’s Business Daily for an in-depth interview on his trading strategy, including his approach to moving averages. In this video, Scott explains: -Why he doesn’t take stocks into earnings reports -How he developed his trading strategy -Why he calls the 8 and 21 day moving averages his “lifeline to the active trend” -What his trading tier system looks like -How he achieves work-life balance and blows off steam
Continue Reading -->In this special video, Scott Redler talks trading with Josh Brown, CEO of Ritholtz Wealth Management. You’ll learn: Why trading is a blue-collar profession What’s included in Scott’s free moving average eBook (click to request your copy) Why the 8 & 21 day moving averages are so important What a healthy market looks like How Scott feels about long-term investing Why traders should think like Derek Jeter Why Scott does not trade futures The only way you can fulfill your potential as a trader
Continue Reading -->Microsoft (MSFT) had strong earnings last Wednesday, which set up a run to new record highs. Let’s go through the action. I got long Thursday, and added to my position Friday for a swing. And today, the stock gapped up to new all-time highs after the company won a $10 billion contract with the Pentagon, beating out Amazon (AMZN). I sold a big portion between $144.50-$145.50 and now I’m in management mode. Let’s go through the technicals that led us into the good news. First, the stock did a Red Dog Reversal long ahead of earnings on Wednesday — following 4 down days for the stock. That RDR was at $136.26. Then, on Thursday, the stock gapped up after earnings and held. Friday was another nice upday that gave me more confidence in the move. And today, the stock gapped up huge on the Pentagon news. It flew past that trendline at $141.80ish like it wasn’t even there to hit a new all-time high at $145.67. Here’s a bigger view of the chart: This shows you an important lesson: when you get the technicals right, the news tends to flow in your favor. Positions Disclosure: As of 10/28/2019 at 1:25 p.m. ET, Scott J. Redler was long SPY, BAC, MSFT, UBER, PINS, SNAP, LYFT, SLV calls, BYND calls, GOOGL calls; is short AAPL, JPM calls
Continue Reading -->Every morning, I post my Go-To List in the Redler All-Access newsletter. It’s a core list of 10-15 names I’m always watching for possible entries. Here’s an excerpt from Tuesday’s Note: AMZN had been lagging for months, but when it does move, it can be very rewarding. Monday was the first day that AMZN showed some relative strength. That turned it from just another name in the corner of my eye to a prime focus, and I bought call options. Then on Tuesday, I said it needs to get and stay above $1746 to wake up — and it did wake up. I bought some pre-market as a spec play, and then added when it triggered over $1746. It hit $1776, so I sold some using my Tier System (taught in Path to Profits) A Tier System helps me net money on trades that work, and then gives me a framework for managing those positions. I sold more after the open on Wednesday. My target range has been $1785-$1790, so I finally closed the trade out late Wednesday morning after the stock hit $1786.24. This is a great example of how combine a process, routine, tactics, and strategy to make a living. Positions Disclosure: as of 10/16/2019 at 12:02 p.m., Scott J. Redler is long TWTR, AAPL, SNAP calls, AMRN calls, TWTR calls, BYND calls, AMZN calls, SPY
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My favorite strategy — the Red Dog Reversal — helps me spot reversals. But it can also help you determine a change in active control from the bulls to bears (or vice versa). That’s exactly what happened on Wednesday. This is the chart I showed that day: On Wednesday, SPY broke below Monday and Tuesday’s lows ($285.58 and $286.03), and then reclaimed them to trigger the Red Dog Reversal long signal. The stop would go at the low of $285.25. If I like the follow through, sometimes I take a third of the position home as a swing trade. And in the updated chart, you can see how the trade followed through for the rest of the week, with SPY getting up to resistance at $294ish. So what’s the big lesson? When a pivot low holds, that low becomes a battleground. The computers use that level to stop out longs and shorts. And the movement after tells you whether the bulls or bears are winning. In this case, the bulls won. Positions Disclosure: As of 8/30/2019 at 12:27 p.m. ET, Scott J. Redler was long SNAP, GLD calls; is short ROKU, GLD calls
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Want to get to know T3 Live Chief Strategic Officer Scott Redler? Then dive into 5 of his most popular trading tutorials and tip collections right now. You’ll gain an understanding of how he approaches the market, how he manages positions, and most importantly, his trading philosophy — which pledges patience, planning, and perseverance. 1) The Ultimate Guide to Moving Averages: Trend Analysis the Pro’s Way Moving averages are some of Scott’s most important trading tools. They help Scott understand the trend, and attack the market with the right mix of long and shorts. See which moving averages Scott uses, and why each of them matters. 2) Beyond Meat Delivers While Scott tends to avoid high-risk trades, they can make sense if the potential reward is there. See the technical signals that had Scott taking BYND call options into earnings in June, and get a quick lesson in judging earnings reactions. Remember, the market reaction is far more important than the numbers themselves. 3) 10 Trading Rules I’ll Teach My Son This is the unsexy, harsh truth about trading you never hear about on TV. This is what every beginner needs to know before they even open an account. Trading is a hard business, so you need to hear these rules so you can set the right expectations for yourself. 4) How to Take Control of Your Trading, and Finally Turn Things Around Every day is a new day. And that’s the beauty of trading. You can always start over and build back up again. But if you want to make a fresh start, you need a reality check. Bookmark this article and read it once a quarter to help you stay on track. 5) Yes, I Trade Gold Scott’s best known for trading large cap tech stocks and fast-moving IPO’s. But he’s not afraid to look for opportunities elsewhere. See what got him into gold earlier in the summer before a huge move higher. Stay tuned for Volume 2…
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