Happy hump day, traders ???? I have to drive Ms. Daisy to work this morning, so no live prep today. I’ll go live tomorrow morning (Thursday the 16th) to make up for it, but you know I’ll never leave you hanging. Here’s a quick walkthrough of a few important things to focus on over the next handful of days. See you all tomorrow morning!
Stay Focused!
Do you find yourself giving back too much of your hard-earned profits every time the market dips? If so, here’s a few of my tips for getting your trading in rhythm with the ebbs & flows of the market.
Stay Focused!
In this video, we break down the questions regarding the Pattern Day Trader (PDT) Rule, how to avoid the PDT Rule, and managing cash accounts. The Pattern Day Trader Rule (PDT) restricts traders with less than $25k in margin in their brokerage account from trading a specific number of days in a row. This can be an easy fix and that’s what I’m going to address in today’s Mid-Week update.
Join Taylor Horton every Wednesday morning for live morning prep at 7:45am CT before the market opens on the Focused Trades Youtube Channel.
The trend isn’t only your friend, but it’s your easiest path towards consistent profits. Let’s take a look at a few of the best looking trends in the market, and where I’ll be looking to put my money to work over the next few weeks ????
Join Chandler every Friday morning for live morning prep before the market opens.
Stay Focused!
Join Taylor Horton for a bonus Thursday live morning prep before the market opens.
Stay Focused!
Join Taylor Horton every Wednesday morning for live morning prep before the market opens.
Stay Focused!
Join Taylor Horton every Monday morning for live morning prep before the market opens.
Stay Focused!
An important note heading into the rest of this week is the Nonfarm Payroll report (NFP) on Friday morning, so be aware of how the market reacts going into and after the news. The bullish market has continued to grind higher and we are trading at +2 average true ranges (ATR), signaling the market is extended. Let’s see what this means for the next few days and which sectors and key setups we want to watch to take advantage of the big moves coming up.