Trader’s Digest: The 10 Stories We’re Reading Right Now
Wonder what traders are talking about today? We’re with the top 10 stories we’re sharing with colleagues today, including: Scott Redler Tracks IQ’s Major Breakout Tesla Model 3 gets Consumer Reports recommendation after braking update; shares hit session high This Trader Averaged $1,170/Day in Profit Doing Something He Loves And more! So check out these links right now and get up to speed! 1) Scott Redler Tracks IQ’s Major Breakout (T3 Live)Always watch for new names to add to your Go To List, especially hot new and recent issues that give us lots of movement. Watch the Video -> 2) U.S. first-quarter growth trimmed on weak consumer spending (Reuters)U.S. economic growth slowed slightly more than initially thought in the first quarter as consumer spending rose at its weakest pace in nearly five years, but activity is already picking up against the backdrop of a tightening labor market and tax cuts. Read the Article -> 3) Stocks Rally as Fading Italy Woes Sink Treasuries: Markets Wrap (Bloomberg)Stocks rose along with Treasury yields as investors deemed the market reaction to Italy’s political turmoil overwrought. The dollar slipped and oil rose. Read the Article 4) This Trader Averaged $1,170/Day in Profit Doing Something He Loves (T3 Live)Sami Abusaad can tell you he’s a real trader. But he’s going to let the numbers do the talking. Watch the Video -> 5) Bill Gross’ flagship fund cratered as Italy’s political turmoil rocked global markets (Business Insider)Bill Gross’ Janus Henderson Global Unconstrained Bond Fund cratered on Tuesday as the political turmoil in Italy sparked a sharp sell-off in the country’s bonds and sent investors rushing into safer debt. Read the Article -> 6) Tesla Model 3 gets Consumer Reports recommendation after braking update; shares hit session high (CNBC)Consumer Reports said Wednesday it now recommends the TeslaModel 3, reversing an earlier decision over the car’s long stopping distance and other issues. Read the Article -> 7) Is the 18-Year Cycle Giving Traders Whiplash? (T3 Live)Given the parallels with 2000, being agile with positions and opinions will pay dividends. Watch the Video -> 8)Amazon begins nationwide expansion of Whole Foods discounts for Prime members (TechCrunch)Amazon introduced 10 percent savings at Whole Foods for Prime members earlier this month, and today it kicked off a nationwide expansion of the initiative. Read the Article -> 9) Why Banks Were Looking Bearish Before the Italy Scare (T3 Live)Rob Smith points out that bearish setups were already in place for the banks BEFORE the Italy catalyst. Read the Article -> 10) Why I Don’t Read Books (Dan Lok)Entrepreneur Dan Lok has an unusual take on reading books:
Continue Reading -->How to Get a Month’s Worth of Movement in 30 Minutes or Less
Sami Abusaad | Black RoomSami Abusaad plays a lot of strategies, but he focuses his intraday trading around gaps. Why? Because when a stock gaps, it can give you a month’s worth of a move in 30 minutes or less. See how Sami uses gaps to read the psychology of other traders, and determine whether a stock is going up or down.Join Sami in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->The Power of Holding in a Trend | Ryan Tonking | Black Room
Ryan Tonking | Black RoomHave you ever cut your profits short? If we’re being honest, it would be hard for anyone to say no. In today’s Black Room lesson Ryan discusses a process and mindset for holding good trades longer. Capturing bigger profits when the trend is strong is the elusive Holy Grail.Take good notes from this new 14 minute lesson.Join Ryan in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->Shorting WMT With the Unique ‘Gap Bury’ Strategy
Black Room LessonsWith Ifan WeiSee why the Black Room’s Ifan Wei went short retailer WMT using the unique ‘Gap Bury’ strategy, combined with a ‘Breakdown’ entry.Join Sami and Ifan in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->Trader’s Digest: The 10 Stories We’re Reading Right Now
Wonder what traders are talking about today? We’re with the top 10 stories we’re sharing with colleagues today, including: Why We Got Long BOX Last Week Is the dollar rally going further? Chartists think so How to Stay in the Game, Even When You’re Down And more! So check out these links right now and get up to speed! 1) Why We Got Long BOX Last Week (T3 Live)Jeff Cooper captures a fast swing trade profit in a hot momentum stock. Watch the Video -> 2) Oil Jumps, Treasury Yield Tops 3% as Stocks Climb (Bloomberg)Oil rallied after President Donald Trump’s decision to walk away from a nuclear deal with Iran, while the dollar slipped and 10-year Treasury yields topped 3 percent ahead of a key bond auction. Read the Article -> 3) Is the dollar rally going further? Chartists think so (Reuters)Enter your text here… Read the Article 4) How to Stay in the Game, Even When You’re Down (T3 Live)We all experience adversity. How you handle it separates the winners from those who never succeed. Watch the Video -> 5) Lawyers Don’t Understand How Buybacks Work (A Wealth of Common Sense)Enter your text here… Read the Article -> 6) What is Walmart’s global plan? (CNN Money)Walmart is revamping its global strategy.On Wednesday, Walmart announced it would pay around $16 billion for a majority stake in Flipkart, India’s largest online retailer. Read the Article -> 7) How a Pro Options Trader Manages an Open Position (T3 Live)Entries are easy. Trade management is where the real money is made. Watch the Video -> 8) Tech investor Chamath Palihapitiya: I’m a Warren Buffett ‘disciple,’ but he’s wrong about bitcoin (T3 Live)Billionaire investor Warren Buffett is wrong about bitcoin, tech venture capitalist Chamath Palihapitiya said Wednesday. Read the Article -> 9) Identifying “Exhaustion Risk” For a Short Sale Opportunity (T3 Live)Rob Smith walks through a trade in LGIH so you can learn to identify “exhaustion risk.” Watch the Video -> 10) Top 20 Motivation Tips (Zen Habits)This article is a list of tips and tricks that, if used in combination, are a nearly sure way to achieve your goals. Watch the Video ->
Continue Reading -->How to stay in the game…even when you’re down | Ryan Tonking
Ryan Tonking | Black RoomWe all experience adversity. How you handle it separates the winners from those who never succeed. In today’s Black Room lesson, Ryan covers the topic of how to stay in the game when you are having tough day or week. If I had to give this 10 minute video a headline it would be : How to Think and Act Like a Professional. Join Ryan in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->Gap Bully/Bury Amplifiers | Black Room Lessons | Ifan Wei
Black Room LessonsWith Ifan WeiIn today’s lesson Ifan follows up on a previous lesson. Today four amplifiers for determining high quality gap bullies and gap buries are explained. Join Sami and Ifan in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->T3 Live’s Mystery Chart #1 Revealed!
Yesterday, we played a little game. We posted this mystery chart, and asked traders whether they were bullish or bearish on it, and to guess the ticker: Before we reveal the answer, let’s see whether traders were bullish or bearish on this particular ticker: 52.7% were bullish, 30.4% were bearish, and 16.9% were in the middle. And the ticker is… GDX! 7 people guessed it right in our survey (and even more did on Twitter). A few other traders were close, guessing other gold instruments like GLD and NUGT. So what do you think? Should we do this again next week? Let us know in the comments!
Continue Reading -->Meet Ryan Tonking… and the Cleanest Pattern He’s Seen in a Long Time
Ryan Tonking | Black RoomGet to know Ryan Tonking, who went from truck driver to successful trader and Black Room Moderator. Ryan introduces one of the “prettiest” 15-minute patterns he’s seen in a while in QUAD, an official Black Room trade.Join Sami and Ifan in the Black Room Just $7 for Your First 30 Days Watch today’s lessons then join the Black Room for 30 daysSami Abusaad Black Room
Continue Reading -->Are You Bullish or Bearish on This Mystery Chart?
UPDATE!: We revealed the mystery chart here. Hi all! We’re doing a little experiment here. Here is a year-to-date daily chart of a mystery stock. Are you bullish or bearish on it? Scroll down to cast your vote, and guess the ticker! (only 3 people have it right so far…) Loading…
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