The Low Float Reversal Trade is a favorite of the active trading community. It is a favorite of the best retail active traders. It is a favorite of many large proprietary firm traders. Here’s why: Low Float stocks are not as competitive as other stocks, and thus easier to trade. When they reverse, the downmove is substantial and fast, with … Read More
A note from the prop desk
This African Proverb above presently sits on our whiteboard, just outside the trading bullpen, on our trading desk. It encapsulates the advantage of trading at a proprietary trading firm, and helps us raise questions about what we want to be as a trader. Let me offer five examples from the desk this week to illustrate this point. 1. Trader A, … Read More
The Best Setup for New Traders: A Changing Fundamentals Trade ($M)
What is the best setup for new traders to trade? A Changing Fundamentals Trade! With a Changing Fundamentals Trade, one day the fundamental strength about the name is substantially different than just the day before. These trade setups tend to move faster than the broad market (both up and down.) They trend intraday. They can trend for 1-3 days for … Read More
Happiness Precedes Trading Success Webinar
Many traders believe they will be happy after they become profitable. In fact, first comes happiness, which then can dramatically propel elite performance. Enjoy the Webinar! *no relevant positions
Using VWAP to gain a trading edge
Newer traders often ask us “which indicators are best?” Maybe you have one or more of these indicators on your chart: MACD Bollinger Bands RSI Stochastics SMA EMA Parobolic SAR and on and on and on It must be very confusing for the new and developing trader to find technical analysis tools to gain a trading edge. It must be … Read More
Happiness precedes trading success
Many traders believe they will be happy after they become profitable. In fact, first comes happiness, which then can dramatically propel elite performance. Shawn Archer author of The Happiness Advantage, explains in this article Positive Intelligence: In fact, it works the other way around: People who cultivate a positive mind-set perform better in the face of challenge. I call … Read More
Key Trading Levels from Our Desk
This is an example of one of 15 meetings that are available each week to members of Trader90.
The Opening Drive Trade: Is it for you?
Some trading “gurus” preach that you should learn how to trade the open. Because, as they say, you can trade 15 minutes a day, make 500% a year, buy a Lamborghini like me, and be the envy of all your friends. Other trading “gurus” say things like: avoid the open, I don’t trade until 10am, trading in the first 30 … Read More