Hi Pete,

Markets not in harmony with SPY and DIA gaping up yesterday and QQQ closing slightly down. Overall, bullish-neutral sentiment. Looking at RIO. Strong monthly, weekly, and daily order flow in a strong sector and industry group. Looking to trade it as an EGOP trade (gap up with energy candle that closed near the high of the day)…

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Hi Pete,

SMR was mentioned in morning game plan as a possible swing trade setup. Was the gap up today what you were looking for and could we enter a swing trade based on today’s candle and holding the gap?

Thank you,

Nicole

Hi Pete,

What made you decide to move your stop up on URBN? Just asking because maybe I need to be moving stops up even if not adding shares.

Thanks!

Nicole

And super helpful reply about following the system and not getting lost. Thank you so much!

Hi Pete,

Ok I must have made a mistake when I moved my stop loss up. Because I was stopped out on a preset stop loss that I set when I added shares. Oops!

Nicole

Hi Pete,

I have a couple of questions from Saturday’s call, then I would like to look at a trade I was stopped out of.

1. What parameters should we use to scale down a position once we are in it? I was following the trade management guidelines and moving stops up which would take me out of the full position instead of selling some of my…

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Ok thanks!

Hi Pete,

Do you think it is a good idea to avoid placing swing trades until after the first 30 min from market open? Finding a lot of volatility in the morning. Trades opening, but then pulling back.

Thank you,

Nicole

Hi Pete,

Looking to open a trade on RY. SPY, QQQ, and DIA all had red days yesterday. Spy holding support around 679 level. QQQ closed below 20 and 50 day MA further demonstrating move out of tech. Smaller move down on DIA. Slight increase in VIX, but still low amount of fear in market. Canada’s inflation rate unchanged as of December 15th so…

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Hi Pete,

I’ve been watching COCO for the last week or so. Came up on my finviz scans and in discord. SPY and QQQ had a well offered candles on Friday with large volume. DJA also red, but less volume and still had higher highs and lower lows. VIX around 15 so not a ton of fear in the market. Consumer defensive sector and non-alcoholic…

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