Recent Articles
Weekly Energy Equities Review and Market Outlook for April 6-10
Apr 4, 2020 Trading Blog Comments Off on Weekly Energy Equities Review and Market Outlook for April 6-10
So we are getting a “supply cut”. Everyone has finally figured out they can’t sell the oil and they can’t store the oil, so they are going to “voluntarily” cut supply and make a huge show of it? That’s like having no cash in […] Continue Reading…
Thursday April 2 Trading Plan, Beware the Trap
Apr 2, 2020 Trading Blog Comments Off on Thursday April 2 Trading Plan, Beware the Trap
I don’t usually put up plans before the market opens, but I thought today would be a useful one. XLE is trading 29.50 premarket, with XOM at 40 and CVX at 73. The biggest piece of advice I’ve got for today is to be […] Continue Reading…
Weekly Energy Equities Review and Market Outlook for March 30 -April 3
Mar 28, 2020 Trading Blog Comments Off on Weekly Energy Equities Review and Market Outlook for March 30 -April 3
Hope you guys all had a great trading week. It was peaceful and calm here. Getting off social media was a great decision. It’s so relieving to just turn off the outside world and spend time doing things I enjoy. If any of you […] Continue Reading…
Wednesday Energy Stock Review and SPY Thoughts
Mar 25, 2020 Trading Blog Comments Off on Wednesday Energy Stock Review and SPY Thoughts
First of all, I apologize for bailing on you guys on the Twitter account. As a daytrader (or any kind of trader really), the most valuable thing you can have is a clear and peaceful mind. People are scared and frustrated right now and […] Continue Reading…
Weekly Energy Equities Review and Trading Plan for March 23-27
Mar 21, 2020 Trading Blog Comments Off on Weekly Energy Equities Review and Trading Plan for March 23-27
The biggest question I see on Twitter is, “Is this the bottom?”. I think that’s probably the wrong question to ask. The real question is, “What happens after we reach the bottom?”. I think many traders are making an assumption that a bottom will […] Continue Reading…
Weekly Energy Equities Review and Trading Plan for March 16-20
Mar 15, 2020 Trading Blog Comments Off on Weekly Energy Equities Review and Trading Plan for March 16-20
I don’t know about you guys, but I slept 12 hours Friday night. That was the longest week I can remember in quite awhile. Five days of 3:50 am and stuck to the screen for 12 hours, and then stressing for the other 12. […] Continue Reading…
Wednesday Trading Review and Trading Plan for Thursday March 12
Mar 11, 2020 Trading Blog Comments Off on Wednesday Trading Review and Trading Plan for Thursday March 12
These are the weeks that I live for a as trader. They aren’t always profitable, but the market action is fascinating when it moves at this kind of speed and volatility. You could go another 8-10 years and never see what we’ve seen this […] Continue Reading…
Monday Review with Trading Errors and Thoughts for Tuesday
Mar 9, 2020 Trading Blog Comments Off on Monday Review with Trading Errors and Thoughts for Tuesday
I always like to review each trading day and Monday was one for the history books. I made a few errors today and wanted to share, maybe it helps someone else out there.
The worst error I made turned out to be MTDR. It got […] Continue Reading…
Energy Equities Outlook and Trading Plan for March 9-13
Mar 7, 2020 Trading Blog Comments Off on Energy Equities Outlook and Trading Plan for March 9-13
It was a week of complete destruction in oil and gas, but on the bright side, that’s the environment where you find the longer term deals. I did a lot of buying this week and no doubt some of it is going to be […] Continue Reading…
Biggest Thing to Improve Trading Results and Trading Plan for Wednesday
Mar 3, 2020 Trading Blog Comments Off on Biggest Thing to Improve Trading Results and Trading Plan for Wednesday
Yesterday I posted my review of the market action and a trading plan for today. In that plan, I wrote how I realized that I was likely in a losing trade that I needed to trim down. I sat and looked at my charts […] Continue Reading…