Someone asked me recently what they get for being a Super Follow, so I finally put it all down in a post and wanted to share it with you: twitter.com/alphacharts365…
Saturday I do my State of the market which is Free to everyone still, I also do an expanded Stocks to Watch with about 50-60 names that have potential to make big moves. I use both a Top Down approach and a bottoms up approach to find the best names out there.
Aug 22, 2022 • 9 tweets • 3 min read
$XLE is showing relative strength against the broader market $spx and energy is setting up above all its key moving averages in a bullish fashion. Let's drill down.
$XOP is the oil and gas explorers and producers ETF. It is setting up in a similar bullish fashion and is showing relative strength even against the already strong $XLE Let's drill down some more into some of the components of the ETF.
Mar 27, 2022 • 11 tweets • 9 min read
My process starts each week by determining the health of the market. I use intermarket analysis looking at Index's, key Sectors, bonds, breadth, sentiment, and $GLD and $BTC
I call this "The State of the Market"
I then look for what Sectors are outperforming. I review the sub-sector ETFs to find the areas that are leading the market on the weekly chart. This video is great for the trader working full time.
I call this "The Long View"
Sep 2, 2020 • 12 tweets • 5 min read
Twenty Five Things I Wish I Would Have Known When I Started Trading
1)Trade real money, even if it is only one share on a no commission platform. Having skin in the game will help you understand the emotions of winning and losing which is an invaluable lesson. Start small.
2)Think of wins and losses in percentage gains or losses NOT in dollars.
3)Decide what time frame you want to trade.
4)Decide what percentage you are willing to lose in a trade before you enter it and make sure you accept it if/when that happens.
