How do you profit from the ever-evolving world of aviation? Stay ahead of industry shifts. Understand basic price action and volume. And know when to take profits from low-risk, high-reward setups. Consider my recent call on the aviation giant Boeing. About ten days ago, I told conservative traders in my clientele to take profits because…
Every trading session offers a fresh canvas to capitalize on new opportunities. But how you prepare determines whether you share in the gains or if you sustain yet another loss. Here are six ways to succeed in your preparation for your next trading session. Reflect on previous trades. Analyze what worked and what didn’t.…
Sell-offs can be unsettling when you have money in the markets. Especially when you see your investment portfolio — or the 401(k) plan you’ve been building for years — take a sudden dive. The urge to stem the bleeding and salvage what you can is natural. However, sell-offs always offer excellent opportunities if you know…
It’s one thing to be a global leader in your industry. (In this case, agricultural processing and food ingredient manufacturing). However, it’s another thing to deliver rising revenue amid market turmoil. That’s the case of Archer Daniels Midland Company (ADM). ADM uses nature’s provisions to create ingredients and solutions that generate safe, healthy, and sustainable…
Here’s a short trading lesson on knowing when to pay and protect yourself. So, you’re already familiar with the Magnificent Seven stocks. Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Nvidia (NVDA), Amazon.com (AMZN), Meta Platforms (META) and EV giant Tesla (TSLA) These are the seven biggest stocks by market capitalization. And when one or more gets…
The thought process I’ll share with you transpired in my trading room on Thursday morning. It’s a refreshing reminder to stick to your trading plan as often as possible. (And that emotional discipline remains a crucial aspect of trading success). Just look at the setup in this chart. The market is set up just how…
It’s one of the most exhilarating feelings in the world. To enter a trade and watch your investment soar through the roof. However, you and I know the win is only complete when you convert paper gains into real cash. Money you can touch, spend, and plan your life around. That’s why the art of…
The top three indexes ended 2023 positively. And if you’d been sitting on the sidelines all year… That was the alarm bell to return to the action (which paid off for some). However, if you didn’t know better, you took on too much risk and went all-out in a desperate game of catch-up. And then……
Contrary to what you see on Twitter, TikTok, Reddit, IG and YouTube… Becoming a wildly profitable trader goes beyond using Manhattan trading jargon to impress folks who don’t know any better. If you want to become a Six-Figure trader and generate an additional $100,000 or more in profits this year, you’ll have to focus on…
Fortunately, I’ve achieved most of my resolutions over the last two decades. (The biggest was my resolve to become a profitable trader ten years ago.) At some point, I figured my income as a mechanic in New Jersey wouldn’t give my family the life I wanted for them or my kids, the financial security I…