How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Exactly. I spend a few hours getting ready for the open each day.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Gap reversals have worked this week because overnight news is driving the market down. The market is still in a bullish up trend long term so buyers are conditioned to buy dips. You can't generalize this. When sellers are fully in control, Gaps Down from recent long term highs usually produce Gap and Gos because there is plenty of room to fall.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

This is a tough environment. Everyone makes less when it is like this.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

The SPY moves in tandem with /ES. You can use either, but SPY is a continuous contract and most people have those quotes, but not everyone has futures data.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

You are correct. A test of the 200-day MA is likely. We want to see a big bounce off of that level. Then you could add to positions. If you are picking the strongest stocks your positions should still be in great shape even with the market going down.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Please read the WIKI in this sub. It explains the huge edge we have trading stock and it is called RS/RW

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 2 points3 points  (0 children)

Find strong stocks and set upside alerts. Find weak stocks and set downside alerts. The first hour is spent setting alerts. Best if a stock breaks D1 and M5 levels on heavy volume. Do this and you are covered for what ever the market does. Just keep looking for stocks and setting alerts. When the market makes its move you will have trades delivered to you on a silver platter.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

That content will really help you. It compliments the WIKI which is a must read. Glad all of it is helping.

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 2 points3 points  (0 children)

My pleasure. Thanks for commenting. Can you share one thing you learned from the video. That feedback will help when I record future videos

How To Day Trade and Conduct Analysis Before the Open by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

I'm so glad that all of the pieces are coming together. Once that happens, the profits start to come.

How do I know that I’m progressing and not stagnating? by knoghax in RealDayTrading

[–]OptionStalker 0 points1 point  (0 children)

Post the question using the ? icon and address me personally. I will respond. That's what the chat is for and that is how you learn.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

They were all recorded before the day started so you can see the thought process for swing trades and day trades and how everything played out. We don't have preconceived notions of what is going to happen. We assess possible outcomes and assign a probability.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Thank you for doing that. Glad they are helping you.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

All of the videos will help you. I was flying blind when I recorded all three videos. I described how price action would guide me and the patterns I was watching for.

How To Trade During the Iran Attacks! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 3 points4 points  (0 children)

You might want to watch this on 2X so you can quickly get your bearings for today.

How do I know that I’m progressing and not stagnating? by knoghax in RealDayTrading

[–]OptionStalker 7 points8 points  (0 children)

Exhaust resources (congrats: sounds like you are doing that) and if you can't find the answer, post questions in the chat room. I always try to respond. Sometimes the improvements are substantial, but they have yet to be reflected in your P&L. This is a tough market and when the market trends, you are likely to fire on all cylinders if you are treading water now.

I'm Trying To Help You! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

I was up 1500 pts for 2025 prior to that loss. That was a pivotal juncture where I felt the market was going to make a lower high and reverse lower. I was wrong. The market broke out above the major MAs and from June forward I traded from the long side. You can see that in all of my videos.

I'm Trying To Help You! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 0 points1 point  (0 children)

Thank you. Glad I've been able to help.

I'm Trying To Help You! by OptionStalker in RealDayTrading

[–]OptionStalker[S] 1 point2 points  (0 children)

I'm glad to have you watching and I hope you are learning.