Are we in a bull market, a bear market, or something else?

Hi Pete,

Suppose you have entered a day trade and it is going well. How do you decide whether to add more to your position, or just maintain your current position size? Are there signals to increase position size?

Rachel

Is there a tax penalty for trading losses? Or any other weird tax laws that often take new folks by surprise? I’ve only been trading a retirement account to avoid tax stuff, but I’m thinking about trading with a different type of account that would be subject to income tax etc. Anything I should know before diving in?

(Have to take my kid…

Read more

Are there any Day Trading conferences that you would recommend?

(I probably won’t make it to the Livestream, but I’ll watch the re-play.)

I would like feedback on how to add to a winning trade. I was in a trade in JPM and while the trade was unfolding, I had a thought, “This thing is really trending up. Maybe I should add to this winner, like Pete teaches.” But I didn’t know exactly when to add, so I didn’t. Should I have increased my position during the trade, and if so, when?…

Read more

Hi Pete,

What are ticks?

What are your thoughts about using hotkeys for ordering (in day trading)?

In your setup, how many monitors do you have? What do you have displayed on your screens?

Rachel

Hi Pete,

I recently joined. I’m focused on day trading, not swing trading, and I am only taking long positions, in case that impacts your answers.

Which tickers are the best 5 tickers for me to watch, as a new trader? Do those 5 tickers change from day to day? Or is it always the same 5 tickers for 90 days, regardless of sector performance or…

Read more

I can see it on my phone now

I cannot see the video. The error message says:

Video unavailable

<yt-formatted-string is-overlay=””>This video is restricted. Please check the Google Workspace administrator and/or the network administrator restrictions.</yt-formatted-string>