Hey Market Pilots,The market had a pretty rough day on March 3rd, but your accounts probably already told you that. I know mine did when all my stops got hit over the course of a few days. And with all that fresh cash burning a hole in our pockets, I know we were itching to put it to good use. The SPY seemed to have found a bottom when it hit the Daily 50 SMA, and many traders were looking to go long into that support. But I knew not … Read more
Hey Market Pilots, This has been a brutal couple of weeks in the market with February’s seasonal weakness kicking in hard. When the winds change and the market falls apart, my stops get hit and before I know it, I am in cash. And right now cash is a beautiful place to be as most of the names I keep an eye on just keep melting down. The moves to the downside have been deeper and longer than I expected, but that’s ok when you are sitting on the sidelines. … Read more
Hey Market Pilots, Last week, I wrote about how February is normally seasonally weak. It took a couple of weeks for it to kick in, but when it did, it meant business. During my class last weekend, someone asked me, “What happens with your account if the market stops going up?”. Pretty appropriate question given the recent action. I told them that that was the beauty of using stops for my trading because when the market changes character, my positions get stopped out left and right. This not only protects … Read more
Hey Market Pilots, It has been a heck of a week for us in the market as February seasonal weakness appears to be kicking in. There was a flurry of activity on 2/10/21 due to the market liquidation break, which actually produced my first double million dollar account gain (you can catch the summary of that here). Then the markets started to pullback as interest rates began to spike up and put some negative pressure on the small caps. For my style of trading, it is time to reassess and … Read more
Hey Market Pilots, In today’s newsletter, I show you a sneak peek of how I see and teach the market. I am an engineer and I apply that mindset to trading for a very detailed view of how it works. The webinar and class will be chock-full of valuable information that you can put to good use right away and start seeing the market with clarity. Over and Out, Your Profit Pilot.
Hey Market Pilots, In this video newsletter, I review the SPY and show how I think it is flagging to support using the Moxie Indicator™ and moving averages. After that, I give a quick rundown of a ticker that we have been playing perfectly as it moves up and down in a typical ebb and flow pattern. Additionally, I notify you of the upcoming class I have on February 20th, and the webinar I gave, which goes over what to expect in the class. Over and Out, Your Profit Pilot.
Hey Market Pilots, In today’s video newsletter, I show you the amazing day that the Moxie subscribers and I had in the market. It was my first $1,000,000 day and it happened in two accounts at the same time!! If I am succeeding like this, I know my subscribers are too. I show you the hot names that helped to make this happen and how I rewarded my family with my success. (hint, we bought a boat). Below, I outline my first million-dollar profit day, including some of the tickers … Read more
Hey Market Pilots, When it comes to setting stops, there is no set rule. They are a little bit of art, science, and personal preference. They are the one thing that I feel like I am guessing at most of the time. With all of that said, however, they shouldn’t be overly complicated as they are for safety and you can always get back in. The idea of a stop is to save your account in case of some drastic event, either in an individual name or in the market … Read more
Hey Market Pilots, February is typically a weak month, and while that sounds like no fun or detrimental to our accounts, we should keep a few things in mind when contextualizing it. While the second half of 2020 and the beginning of 2021 have been extremely strong, we can’t expect our accounts—or the market—to go up all the time. The market can be viewed as an athlete that has just run a marathon or a sprint and needs to take a break to recover. This is what I see happening … Read more
Hey Market Pilots, We finally got a pullback in the market after one of the craziest weeks I have ever experienced. We all know about the Game Stop (GME) and Reddit vs Melvin battle going on, all while the market was tiring and wanting to roll over. We even managed to get in on some of the ancillary action. Here are some Moxie room testimonials: Beachbound said “I’m satisfied with a 2 day 254% gain on $EXPR. Cashed out. Thanks @TG!!!” Tom A said “@TG Both $FOSL and $GOOS running … Read more