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Climactic Reversal Counter-trend trade based on VPA that often occurs at the top/bottom of trend. Time: Any time of day Indicators: Stock is in play. Clear intraday trend. Should be in the accumulation (bottom) or distribution (top) phase. Confirmations: Climactic volume on the 1 minute and/or 5 minute chart. Should be 3-5x normal volume. Should be extremely obvious. Ideally candlestick anomalies, such as high volume hanging man, hammer, or reverse hammer. Ideally, the climactic volume should be slamming through a key level and then reversing right back. Entry: Candlestick immediately following the climactic volume Stop Loss: Low/high of day. Size correctly, do not stop out early unless...

$DOCU Trade. Strategy Name – 5min ORB (Opening Range Breakout) It’s a simple strategy. First 5min candle has to print (open & closed), if the next candle takes out high or low of previous candle it’s called opening range breakout. Time: 9:30 – 10:00 am Indicators: First 5min Candle has to print. Making new 5min High/Low. Prefer 2min/1min candle making direction to high or low (making HH/LH, LL/HL). Price action is above/below MAs & VWAP (not swinging up & down). Confirmations: Prefer 2min/1min candle making direction to high or low (making HH/LH, LL/HL). Price action is above/below MAs & VWAP (not swinging up & down). ...

Last week was one of the worst weeks we saw in the market since the COVID-19 pandemic started hitting the headlines. But today, the market bounced back. With the jaw-dropping scale of governments’ ability to borrow and print money, as well as expand their balance sheets, it is hard to imagine the overall market going down. The IMF predicts that in this year alone, rich countries will borrow up to 17% of their GDP to pay for their tax cuts and economic stimulants. This is indeed a new era. Central banks are now giant market makers on Wall Street and...

Today is September 11 - Patriot Day. We at Bear Bull Traders honor the lives of those thousands of people who were so senselessly killed in New York City and elsewhere. In many respects it does not seem like it has been 19 years. They’ve gone by very quickly. If you are reading this email and are struggling today, know that you are not alone. There are people who care. A few days ago, a convicted felon emailed me from the Federal Correctional Institution Loretto (Pennsylvania) and asked for a copy of my Advanced Techniques in Day Trading book. He has...

Electric vehicle mania is well under way! Silicon Valley-based $TSLA and Shanghai-based $NIO are moving higher and higher and providing us amazing opportunities for trades. Even after its stock split, Tesla is going higher, although the market is in the middle of a pandemic and the economy is slow. Nevertheless, Tesla is still making all-time highs. Day trading celebrity, Dave Portnoy, has suggested that Elon Musk should keep splitting his company’s stock in perpetuity. He tweeted on Monday: I think @elonmusk should split $tsla again tomorrow and the day after and the day after. And after. Infinity splits. That wouldn’t be bad...

Do you want to be a day trader but do not know where to start? Do you wonder what tools you will need? Do you wonder if you have what it takes to become a day trader? In this blog, we will cover the most important things you will need to know in order to become a successful day trader. ) Day Trading Funds In order to day trade, you need to set aside some money that you are willing to risk losing. Make sure that you are not using scared money to trade as you cannot ensure that you will...

Everything in our lives is based on rules. Think about it for a minute. Remember being a kid? Think about some rules your parents were diligent at enforcing. Think about your time at school, your time at university, your job, your city, etc. I bet you can think of many rules in place in each of those settings, but do you ever wonder why there are so many rules? Imagine your workplace without any rules. Would you wake up and get yourself to your job for 8:00AM? Would you finish a report on time? Now think about an entire society...

True or false? The day trader’s lifestyle is an exciting one. You sit for half an hour in front of your trading station, make a few thousand dollars, and then spend the rest of the day partying with friends or lying on the beach and catching some rays. If traveling, you bring your laptop with you, do a little trading on the side, and make some money while living it up at a fancy resort. Well, we are sorry to disappoint you, but that is not how it works. Unfortunately, day trading is not that easy and to reach the point...

First and foremost, I do apologize for missing trading on Monday. I heard Thor and Brian led the momentum trading discussion, and that they did an amazing job! As some of you saw on my Twitter and Instagram, I was climbing in the Tantalus Range, about 37 miles (60 km) north of Vancouver, near the District of Squamish, on the road to Whistler. When I was working on my PhD at the University of British Columbia, my office in the Chemical Engineering Department was on the 6th floor and my desk overlooked a glaciated mountain range. I soon learned that...

First, my apologies for not trading on Friday. I was climbing at Mt. Assiniboine, which in my humble opinion is the most beautiful mountain in the world. It is located in Assiniboine Provincial Park, on the British Columbia side of the Canadian Rockies. Its access is primarily limited to helidrop only, and that makes this place a diamond in the rough. Mt. Assiniboine is known as the Canadian Matterhorn, which itself is a majestic peak overlooking Zermatt, Switzerland. Part of the beauty of Mt. Assiniboine is that there have been only 3 people who have climbed it this season, compared...