Hey Market Pilot, I use the phrase “not my trade” fairly often when my Moxie Indicator™ members ask me about stocks that moved and why I didn’t go in. Firstly, there are thousands of tickers out there moving in their own way, and I can only trade around 10 of them at a time. This … Read more
Hey Market Pilot, As a primarily end-of-day trader, there are often times in the middle of the day where I step away from the market. That is why a major component of my trading style involves setting stops. I do this with almost every trade I take in order to protect my account from unexpected … Read more
Hey Market Pilot, The market is not healthy and we know that. Apparently, so many people know that the put/call ratio is super high and not backing down yet. With the wall of worry being more like the side of a skyscraper, it seems logical that the market closed in a weak way on Friday. … Read more
Hey Market Pilot, The market is all sorts of weird and special right now. Since the indexes are a mess and not trending, this means there isn’t a strong overall force helping to guide stocks. This in turn means that many stocks are free to move how they please and can be pushed all over … Read more
Hey Market Pilot, The indexes continue to be weak, and I thought we might be getting to a point where markets were looking oversold. The kind of oversold that anything viewed as positive news might set off a short-covering rally. So far that hasn’t happened, but I am on guard about it just in case. … Read more
Hey Market Pilot, I was on the mic in my Moxie Indicator™ Mastery room, and as I was going through the various sectors of the market, I made the comment that trading is a bit like detective work. I felt this way because I was investigating several different components of the market to uncover the … Read more
Hey Market Pilot, In times like these, when the market is all over the place and heavily based on the current headlines, not all trades are worth the risk. In fact, most trades are probably not worth it until either a very clear setup is present, or a better direction is established. Here are a … Read more
Hey Market Pilots, The market has been changing character lately and we know it. When this happens, there can be a lot of untradable time and you need to know what to do in this situation. Sometimes that means going down to lower time frames to be more nimble, or raising your time frame to … Read more
Hey Market Pilot, Happy President’s Day! Hopefully, you all are enjoying your three-day weekend away from the market and enjoying the life you have built for yourself. Some of you are spending it with friends or family, some are working on a hobby, and others are taking the extra time to do some research or … Read more
Hey Market Pilot, The market took a big spill a few weeks ago which was a clear sign something had changed. It was such a big drop that price got seriously oversold and has since been crawling up from the abyss. But what does the bigger picture say? We have been seeing many “darling,” or … Read more