Every few years, there comes a day in the stock markets where a trader can feel as rich as Bill Gates or Warren Buffett. Today was that day - August 24, 2015. Volatile markets are a daytrader's best friend. Market volatility is caused by a major of factors some of them being fear, extreme one-sided trading (ie. funds are ONLY selling stock today and noone is buying), and environmental factors (ie. terrorist attacks or world financial...
Read MoreWe are creating a new section here called 'Trading Summary' to reflect back on what positive daytrades and swing trades we executed. Ford was our best trade overall today on August 24th 2015. What happened today was strictly a flash crash panic scenario. Stops losses got triggered on computer generated selling coupled with forced institutional dumping and took everything down in minutes to RIDICULOUS levels. We spotted that $F (Ford...
Read MoreThe stock market can make people filthy rich. For day traders, it's very possible to consistently make money each day. Why is that? It's because the stock market is inefficient. What does stock market inefficiency mean? It means that it takes time for stocks to accurately price to where they should be trading at. Some stocks get overbought and some get oversold -- in other words "mispriced" in relation to their true intrinsic value....
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