FREE eBook: "How to Day Trade" | Download Now: http://webinar.warriortrading.com/signup $AAPL (Apple) Has potential to fade if the market remains soft. If it takes out the 210 level again it would look good for a short trade. Levels are all the same. $EB (Eventbrite) Is a lower priced name than I usually like to trade. Depending on volume will determine whether or not I'm going to trade it. It has a retest and fail of a recent trend line and I can see it fade 10% – 20% out of the open. Be careful not to jump in out of the open. $SQ (Square Inc) If it breaks the well defined speed line it could open up and fade back down to 65. DISCLAIMER: http://www.warriortrading.com/disclaimer/ // Try our Day Trading chat room here: https://www.warriortrading.com/free-day-trading-chat-room/
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As Day Traders and Swing Traders our mission is simple. We are looking for stocks that we expect will move in a predictable direction. We want to take a position with a predefined stop level and profit target. Sounds easy right? In a lot of ways it is. But there are literally thousands of different strategies for trading the market. Every trader has a unique approach to trading. Our goal is to teach you our strategies. I have developed a series of profitable trading strategies for beginners. Our Trading Courses focus on the most fundamental aspects of a successful trade. // Chart Patterns
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Learning risk management, proper stock selection, and chart patterns is important, but those alone don’t create a trading strategy. A trading strategy requires details on the time of day you take these trades, what type of stocks you like to trade, what percentage to success you expect. All our students are required to paper trade and prove to me that they can trade on a percentage of success that is high enough to justify real trading. If you can’t make money in a demo account, you have no business trading a real account. We have saved students hundreds of thousands of dollars by encouraging paper trading while they are learning. The market will be here for a long time to come. The important thing for you right now is to build up the skills to trade the market successfully. You will learn that once you possess the skills to consistently make $20.00/day all it takes to make $200 is larger share size. Then all it takes to make $2000 is again, larger share size. The hardest part is being consistently green just $20/day. So that is our initial target for all of our students. Profitable trading 4/5 days per week for at least 3 months.

More Mike’s Thursday Watch List: $AAPL $EB $SQ Videos