Hey Market Pilots,It’s said that you can’t time the market. I’d like to talk with those who say that and show them how I trade. Can I change their mind? You tell me. This week, we saw the market pullback, which was something I was warning about even the week prior. I could see the signs that begin to indicate the market and price are getting extended and likely in need of a refresh. Let me show you how the Moxie Indicator helped me see it coming. Here on the … Read more
Hey Market Pilots, Usually, I’m a pretty active trader, but recently there have been many names out there which have given me significant signs that I should hold on for longer. So when and how do we decide to go from trading a stock to holding a stock longer term? For trading, it’s mostly about finding the little setups that move because of bounces or quiet periods that build energy and must release it. It’s like hunting for little rabbits and squirrels as they dart around, but really, you are … Read more
Hey Market Pilots, My favorite and most active time frame is the hourly chart, flanked by the Daily and 15 minute. This is where I spend most of my time and how I show my subscribers what I am doing. But it’s crucial to know the context and bigger picture, otherwise, you could be trading in a vacuum. Any time I look at a ticker, I always have the Monthly and Weekly charts up so I can see what’s going on from the bigger picture. This view tells me the … Read more
Hey Market Pilots, November was an incredible month for me, my family, and my subscribers as we managed to grow our accounts anywhere from 20%, 50%, and even over 100% in just 12 trading days. Here is what some Moxie subscribers had to say… “@TG fun is an understatement. Its unbelievable that you are able to catch these.. cannot be more happy to be part of this. I have been here only couple of months, but seeing the power of this only now.. Hope success continues for a long time. … Read more
Hey Market Pilots, Today, I’m going to keep my writing to you short and to the point, because I’ll be hosting a free webinar tonight, 7:00 pm CT to further discuss the topic of this newsletter. It has been an incredible November with the market being fueled by real vaccine news. The risk-on type names started coming alive in big ways and I was well-positioned to take advantage of them. Those who subscribe to MoxieTrader were also along for the ride with their accounts growing on average 50% to 75% … Read more
Hey Market Pilots, Sometimes in trading, a few days can make your whole year. In my case, and the Moxie Traders, it was only nine days. Those nine days provided me with +56%, +46%, and +38% account growth using only stocks. These are the kinds of returns that options traders look for, but I’m over here trading my accounts without leverage and still cranking out high percentage wins. In a typical year, I can usually double my account using just stock. With this gauge in mind, then you can see … Read more
Hey Market Pilots, In trading, we never know what the next trade will lead to because we simply don’t know the future. All we can do is take the setups we recognize and follow our rules. Last week I wrote about how the markets were shifting and setting up for perfect trading potential. This week, the Moxie Traders and I were more than pleasantly surprised by a massive move in a crypto-related stock known as RIOT. I am going to detail the trade setup, but this wasn’t done in a … Read more
Hey Market Pilots, The other week I wrote “Not My Trade” which was detailing how there can be moves in the market, but because they don’t set up the way I want, I skip them. This can be difficult because we feel like we are missing out, but if you trade long enough you realize there is always another opportunity. Then another couple of weeks earlier I wrote ‘Tis Not the Season’ which spoke about how sometimes the environment just isn’t conducive for trading. Well, I believe the market has … Read more
Hey Market Pilots, Early this week, Pfizer came out with news that their vaccine trials demonstrated a 90% efficacy rate. On the surface, this is great news and the market reacted in kind, with massive gap ups in sectors that need a vaccine in order to get back to business as usual. On the flip side, many names got hammered with a gap down since the notion is a vaccine would actually make that business service less needed. Most of the initial moves have faded from their extreme situations, so … Read more
Hey Market Pilots, “Not my trade” is a phrase I use fairly often when Moxie Subscribers ask me about stocks that have moved and why I didn’t go in. First off, there are thousands of tickers out there all moving in their own way and I can only trade about 10 of them at a time. This means I’m going to miss most of the moves that occur in the market. That’s ok and you need to be ok with it too otherwise you will drive yourself crazy. There are … Read more