The Doctor’s Dose
Understanding Building Permits and Housing Starts
Understanding Building Permits and Housing Starts Reports and Their Economic Implications The monthly Building Permits and Housing Starts reports are critical indicators of the health and direction of the housing market and the broader economy. Released by the U.S....
NAHB Housing Market Index
Understanding the NAHB Housing Market Index and Its Economic Implications The NAHB Housing Market Index (HMI) is a critical measure of the sentiment among homebuilders regarding the state of the housing market. The index is released monthly and is based on a survey...
Kennedy, Biotech and Pharmaceutical Stocks
The Impact of Robert Kennedy’s Appointment on Day Trading Opportunities in Biotech and Pharmaceutical Stocks The recent appointment of Robert Kennedy to a critical regulatory or political position has sent ripples across the financial markets, particularly in sectors...
Tesla Volatility Trade
Tesla Volatility Trade Framework The video in today's post focuses on leveraging volatility bands to navigate Tesla's (TSLA) often unpredictable market movements. Adrian provided detailed insights into managing Tesla's opening volatility, crafting a personalized...
Real-Time Analysis of SPY Confluence Levels for Day Trading Success
How to trade SPY and ES - This video addresses a valuable question from our trading community about adapting strategies to different indices, specifically focusing on shifting from QQQ and NQ to SPY and ES. This transition requires a nuanced understanding of each...
How overnight foreign markets impact the U.S. market open
Interpreting the Overnight Foreign Markets and Their Impact on the U.S. Market and Day Trading When the sun sets over Wall Street, global markets continue trading, generating crucial data that can influence U.S. market performance and day trading strategies. By...
AMD Announces Workforce Reduction Amid AI Focus
Advanced Micro Devices (AMD) announced plans to reduce its global workforce by approximately 4%, equating to nearly 1,000 employees. On November 13, 2024, Advanced Micro Devices (AMD) announced plans to reduce its global workforce by approximately 4%, equating to...
How to Keep a Trading Journal for Success
The Ultimate Guide to Keeping a Trading Journal for Success:Track, Learn, and Improve A trading journal is an invaluable tool for any trader seeking consistent growth. Beyond tracking trades, it provides insights into patterns, performance, and psychology, allowing...
Mindfulness in Trading
Mindfulness in Trading: The Power of Staying Centered and Following Your Plan Trading can be a deeply rewarding profession, but it’s no secret that the financial markets test us not just in strategy but in psychology. As any seasoned trader knows, the ability to...
The Importance of Using a Good Trading Simulator When Learning to Trade or Testing New Strategies
Stock Trading Simulators Learning to trade or developing new strategies requires skill, discipline, and practice. However, practicing in the live market can be risky and costly for beginners or those testing unfamiliar approaches. A high-quality trading simulator...
How to Day Trade NVIDIA (NVDA)
NVIDIA Corporation (NVDA) has become one of the most popular stocks for day traders due to its liquidity, volatility, and position as a leader in the tech and semiconductor industries. With the rise in demand for GPUs, AI applications, and machine learning, NVDA’s...
Trading Range Expansions
Unlocking the Fast Ball Pattern: Trading Range Expansions Created by Institutional Momentum with Targeted Stop-Losses and Targets When it comes to finding reliable trading setups, the Fast Ball pattern offers a unique opportunity to capitalize on momentum driven by...
The Risks Gamblers Face When Day Trading or Investing in Stocks
A gambling mindset in day trading investing can lead to a downward spiral. Like traditional gambling, day trading offers the allure of fast profits and quick wins, which can become addictive. Without the right mindset and approach, traders and investors who think like...
Using Intraday VWAP in Day Trading
A Guide to the Volume Weighted Average Price Strategy The Volume Weighted Average Price (VWAP) is a widely-used technical indicator in day trading, especially for stocks. Calculated as a ratio between total dollars traded and total volume, VWAP gives insight into a...
Understanding Apple’s Intraday Price Patterns and the Role of Options Market Makers
Understanding AAPL's Intraday Price Patterns If you’re an active trader or investor following Apple Inc. (AAPL), you’ve likely noticed a recurring intraday price pattern: AAPL often surges at the open, retraces to premarket support levels, and then resumes an upward...
The Power of Focused Attention in Day Trading
Ready, Set, Focus Your Attention! In the high-stakes world of day trading, where every second counts and market conditions shift in the blink of an eye, focus is not just an asset—it’s essential. As traders, our ability to stay centered, alert, and attentive in the...
What Trump’s Victory Means for Stock Market Traders
In the wake of Donald Trump’s recent victory, the markets are bracing for shifts traders need to anticipate. Trump's policies and leadership style have historically impacted various market sectors, and his return will likely influence trading strategies across the...
How Overnight Futures Influence the Next Day’s Stock Market
In today’s fast-moving financial markets, overnight futures provide valuable clues about how the stock market might perform the following day. Futures markets, including major indexes like the S&P 500, Dow Jones, and Nasdaq, trade 24/7, reflecting economic and...
Trade Management: Essential Tips for Disciplined Day Trading
Trade Management for Day Traders is at the heart of successful trading. As traders, we’re not just reacting to the market; we’re following a carefully crafted plan that keeps us disciplined, focused, and in control. But achieving that discipline takes more than just...
Calculating 2 Standard Deviations of the Mean: A Quick Guide
Using Statistics to Trade Stocks In my last article, I discussed the role of variability, variance, and standard deviation for traders. I received some questions about the actual calculations required, so this post is my attempt to show you what goes on behind the...