Warrior Trading

This past week has been a somewhat mixed bag. I finally broke the $20,000 mark in my IRA trading account, which puts me just about $5K shy of the pattern day trader limit needed to regularly trade intraday from that account. As for my main account, I've come out in the green five days in a row,...

Hey folks. This has so far been a solid week for my main account. I’ve passed the $50k mark on the month and just came off a nearly $10,000 day. Given that influx of green, I thought I would take this week’s article to talk briefly about value and valuation. Those terms are loaded with...

After a few weeks of travel culminating in last week’s Inner Circle Conference in Orlando, I’ve returned to a market filled with extremes. There is a lot of optimism and a healthy dose of anxiety riling the market’s animal spirits, which has made for interesting and deceptive...

Last week I touched on finding trading setups that are uncomplicated and familiar to you as a way of avoiding impulsive and destructive trading habits. However, while those approaches will ultimately make you a more consistent trader, I also want to put in a word for the unexpected. Let me put it...

Back in the saddle and feeling fine. I have to say that this has been a good few weeks for grinding out quality trades against a market that is in flux. I won’t say I don’t miss the simple days of January when every stock was just itching to find a chance to break out, but it’s...

Things have been moving a pace in both my regular and IRA trading accounts. My primary account has benefitted 100 percent from my March goal of aiming for consistency over home-run trades (and I encourage any struggling trader reading this to check out my trading blog for that journey). As for my...

I’ve said before that trading is as much art as it is science, and the conditions in this market have only enforced that belief. In case you haven’t followed my updates on the Warrior Trading blog, or some of my previous posts, 2018’s market has been a trip to trade. The first two...

After a couple of weeks spent retraining for the new market environment we traders find ourselves in, I finally feel like I (and a lot of my students) have a grasp on the type of trading that this kind of market requires. Shifting to smaller price targets and quicker trades has been difficult after...

For me and many of my students, the theme for February has been relearning old lessons. Speaking for myself, it’s seemed like day-after-day this month, my watchlist has fluctuated so quickly and so violently on the open that by the time they hit my scanners I’m already behind the curve...

To paraphrase an old love song: what a difference a week makes, and that difference is fear. I would be lying if the recent correction in the market didn’t catch me off guard. Since the rest of the market is in capitulation mode, in which traders and investors are looking to get out of their...

You may remember that I’ve been using 2018 as a year to experiment with trading through an IRA account. It’s been a challenge so far, with only a starting balance of just over $8,000. But I was ready for it, and I thought the start of February was a good opportunity to recap and reflect...

A handful of recent episodes in my day trading routine (as well as a few entries I've written for this series) made me realize that my own take on trading volume is kind of privileged. I mean that I have gotten used to being able to shoot a quick glance at a stock’s volume and translate...

What a difference a year makes. Or, in the case of Bitcoin, the first weeks of a new year. Since approaching an all-time high of almost $20,000 in mid-December 2017, the household name in cryptocurrency has lost nearly half of its value in just 30 days—and even giving up more than $30 billion...

The new year’s market is turning out to be pretty similar to the old year’s market. The bulls are still pushing the market higher while bears are looking for volatility where they can find it. A lot of traders bemoan this lack of friction in the market, but I love the strong growth...

Traders start their careers at different times in their lives and for diverse reasons. I got into buying and selling Caterpillar Inc (NYSE: CAT) out of school as more of a curiosity than anything else. A lot of traders I’ve talked with were introduced to the idea from a friend or family...