Category Archives for Scott Redler
Scott Redler on Apple and Tesla
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:
Continue Reading -->Scott Redler’s Brain Food: Your Saturday Morning Refresher
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:
Continue Reading -->Scott Redler Interview with Investor’s Business Daily
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 -->Scott Redler & Josh Brown Talk Trading
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 -->MSFT: When Good News Follows Strong Technicals
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 -->AMZN: From the Go-To List to the A-Squad
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
Continue Reading -->Red Dog Reversal Case Study: Spotting Who’s in Control
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
Continue Reading -->Scott Redler’s Greatest Hits Volume 1: Moving Averages, Gold, and More!
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…
Continue Reading -->Scott Redler: Yes, I Do Trade Gold!
This morning, my editor said “I can’t remember the last time you’ve talked so much about gold.” And he’s right — I mostly trade tech stocks, momentum names, and IPO’s… but I’m not going to turn my back on a good opportunity.And GLD has been a major focus in Redler All-Access for the past few weeks.I’ve been long GLD calls because the technical picture improved so much, with GLD having reclaimed all moving averages in early June.That was key, because when a stock/ETF/index breaks above moving averages and makes new highs, it’s telling you momentum is here. So even if you hated gold, you had to respect its power. That doesn’t mean you had to get long — but you definitely think twice about shorting.On July 30, I said “GLD held $133 and now we’ll see If it gets any traction above $134.75.”And it did get plenty of traction, hitting a high of $138.64 Monday on China’s devaluation of the Yuan.I sold my GLD weekly calls into that strength for a nice gain.And today after the open, I trimmed some of my GLD October calls as well.So what could be coming longer-term for GLD?It could be setting up a breakout above the 5-year range. It could see $144 to $148 before year-end.So you may be asking “Red Dog, if GLD can get higher, why sell the calls?” You have to understand that as a professional trader, my time frame is sometimes pretty short, and my #1 priority is netting cash flow as often as possible. I’ll also most likely be trading around my GLD calls, perhaps creating spreads into strength, and adding into weakness. If you want to follow along and get my GLD game plan every day, check out Redler All-Access here. Positions Disclosure: As of August 6, 2019 at 10:09 a.m. ET, Scott J. Redler was long FB, AMRN calls, UBER calls, DIS calls, GWPH calls, GLD calls, DIS calls, GOOGL calls
Continue Reading -->Scott Redler: Low Expectations for Google Pay Off Big Time!
On Wednesday morning, I told Redler All-Access readers that I was looking at picking up GOOGL calls for earnings after it dropped on the DoJ News: GOOGL is lower on the DoJ news. It reports Thursday after the close. It might be worth a look long if it can hold the $1130-$1132 area. I may pick up calls for earnings, but we’ll see. at 9:39 a.m. ET, I Tweeted to my Redler All-Access readers that I indeed got long $1,130 calls. On Thursday morning, I followed up with this message in my RAA Morning Note:: GOOGL: I bought $1130 calls while it was down yesterday. Expectations are very low. It needs to get and stay above $1160, and $1200 wouldn’t be out of the question, assuming the report is better than expected.And Thursday after the close, GOOGL did indeed deliver, sending the stock up huge today. The options closed at $31.50 yesterday, and opened at $100.88. In actual dollar terms, that’s a gain of $6,938 per lot overnight. Here’s the chart of the options:I sold my calls right after the open today, when GOOGL was around $1,230ish. I was a little early, because GOOGL got as high as $1,268.39 to fill a big gap! But, I’ll take what I got. The lessons here are simple: 1) I only take options into earnings because my risk is defined. Yes, the risk can be high but I manage it through my position sizing, and I’m willing to live with the consequences. 2) Sometimes, a negative news event can be a gift. Expectations for GOOGL were already low, and the DoJ news took them even lower. So what’s next for GOOGL? As you can see on the chart below, there’s still a long-term channel building.There might be an opportunity to buy the stock soon, but I’ll wait to see where gap support ends up. P.S. Want my complete guide to moving averages? Click here to check it out! Positions Disclosure: As of July 26, 2019 at 10:10 a.m. ET, Scott J. Redler was long SYMC, TWTR, AMD, ETSY, LK, BAC, AMRN calls, UBER calls, GWPH calls, GLD calls, DIS calls, AMZN calls; is short NFLX, GLD calls, DIS calls
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