by truetraderadmin | Sep 15, 2021 | Midweek Watch
THE LEVELS: $NUE – NUCOR CORPORATION MY LEVEL: 107 & 106WHY: Fib retrace to the 50-60% area. Good numbers at earnings. Looking at previous low or annual pivot. Closed on highs. $ALLY – ALLY FINANCIAL INC. MY LEVEL: 51.70WHY: Previous low and 50d SMA....
by rickyanalog | Sep 12, 2021 | Sunday Prep
Broader Market $ES / $SPY https://www.tradingview.com/x/Ioa4vDvF/ View idea on Tradingview.com Well we finally are getting that pullback. The 50 is just below. Would love to see us test that area and then look to see what price action is suggesting. Till then I...
by truetraderadmin | Sep 9, 2021 | Midweek Watch
TheGoose (Jason Pollack) (twitter: @thegoose0519) is a former market maker and pro trader at TrueTrader who has been trading for over 25 years. Tapping into his experience he brings us 10 fresh LONG trade ideas for the rest of this week. $CLF – CLEVELAND-CLIFFS...
by rickyanalog | Sep 5, 2021 | Sunday Prep
Last week we kind of harped on the fact that to be successful in this career, you need to have a bigger purpose; a “why.” And what better way to illustrate the importance of trading being a means to an end than a 3-day weekend? I still remember back a few years when I...
by truetraderadmin | Sep 2, 2021 | Midweek Watch
$XPEV – XPENG INC. My Level: 40.10Why: 200d, 20d, 2x Prior Day Lows. Great range (ATR $2.25). Will be a tight trade but can present great reward. $AMAT – APPLIED MATERIALS, INC. MY LEVEL: 130.05WHY: 50% Retrace from recent red to green move. That area is...
by truetraderadmin | Sep 1, 2021 | Brokers, Guides
Trading stocks and options online has never been easier to do. There are hundreds of online stock brokers to choose from and a large number of product offerings like Index Funds, ETFs and Mutual Funds. Many of them offer low to zero dollar commissions or a free...
by rickyanalog | Aug 28, 2021 | Sunday Prep
Hope everyone had a great weekend. Last week, as expected, we really saw the small cap world light up. I don’t anticipate that to change this week nor anytime in the near future. So, much of my day trading will be focused on those. These nightly preps for the large...
by rickyanalog | Aug 21, 2021 | Sunday Prep
Patience is the key focus this week. Not just patience in waiting for trades to come to me, but patience in letting them work once I have the trade on. Had a lot of trades last week that would have been monsters if I had let them work after getting great...
by truetraderadmin | Aug 19, 2021 | Uncategorized
TrueTrader and The Wall Street Coach are excited to announce a new collaboration on Instagram called “Method & Mindset – The Strategy and Psychology behind Stress-Free Trading”. In this unique Instagram-live format both RickyAnalog, pro trader at...
by truetraderadmin | Aug 18, 2021 | Midweek Watch
TheGoose (Jason Pollack) is a former market maker and pro trader at TrueTrader who has been trading for over 25 years. Tapping into his experience he brings us 8 fresh trade ideas for the rest of this week. $CSCO My Level: LONG 53.20 & 52.30Why: Earnings number’s...
by truetraderadmin | Aug 15, 2021 | Guides, Software
Whether you are a professional day trader or a novice looking to enhance your performance, access to the best trading platforms can be the key to your success. The best day trading platforms provide fast and efficient execution. The top two online day trading brokers...
by rickyanalog | Aug 14, 2021 | Sunday Prep
I hope everyone is having a great weekend and enjoying some time away from the screens. Starting to notice some decent follow-thru on some of these earnings beats that have nice daily charts. There are definitely some big names left to report and about another few...