Pete Renzulli
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Pete Renzulli started the discussion Game Plan 10-31-24 in the forum Game Plan Meeting a year ago
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Pete Renzulli started the discussion Order Flow, Momentum, Support & Resistance 12-2-24 in the forum Stocks Coaching a year ago
Order Flow, Momentum, Support & Resistance 12-2-24
Main Themes:
Order Flow vs. Momentum Trading: The call emphasizes the importance of clearly defining your trading style as either order flow-based or momentum-based. This distinction dictates how you react to price action, particularly during pullbacks.
Conviction in Trade Management: Pete stresses the need for unwavering commitment to…
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Pete Renzulli started the discussion Active Learning, Unusual Volatility & Day Trading Setups 11-25-24 in the forum Stocks Coaching a year ago
Active Learning, Unusual Volatility & Day Trading Setups 11-25-24
Main Themes:
- Market
Environment: The session highlights a highly volatile market with
numerous opportunities, particularly in specific industry groups like
residential construction. This creates both excitement and challenges for
traders, especially new ones. - Trading
Psychology: The session delves into common psychological hurdles
traders face, like…
- Market
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Pete Renzulli started the discussion Stock Selection, Day Trading & Putting In The Work / 11-21-24 in the forum Stocks Coaching a year ago
Stock Selection, Day Trading & Putting In The Work / 11-21-24
Main Themes:
Day Trading Fundamentals: This source focuses heavily on the fundamentals of successful day trading, emphasizing the importance of stock selection, trade management, and understanding market dynamics.
Importance of Effort and Diligence: Pete passionately argues against seeking shortcuts in trading, stressing the necessity of putting…
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Pete Renzulli started the discussion Average True Move, Overcome Hesitation & Accumulation Days 11-18-24 in the forum Stocks Coaching a year ago
Average True Move, Overcome Hesitation & Accumulation Days 11-18-24
I. Interpreting Recent Price Action
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Understanding Price Trends: Analyzing monthly and daily charts to identify bullish and bearish trends.
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The Impact of Earnings & External Events: How earnings reports and external events like elections can disrupt or reinforce existing trends.
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Identifying Key Support & Resistance Levels: Recognizing crucial…
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Pete Renzulli started the discussion Order Flow & Conviction, EGOP Second Chance / 11-14-24 in the forum Stocks Coaching a year ago
Order Flow & Conviction, EGOP Second Chance / 11-14-24
Briefing Doc:
Main Themes:
Market Pause: The market is experiencing a natural pause after the significant post-election rally. This is expected and presents an opportunity for entry once the pause concludes.
Short Covering vs. New Buying: Distinguishing between short covering and new buying is crucial. Short covering can create a temporary…
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Pete Renzulli started the discussion Volatility, Trade Entries & Booking Profits / 11-11-24 in the forum Stocks Coaching a year ago
Volatility, Trade Entries & Booking Profits / 11-11-24
Briefing Doc: Swing Trading, Volatility, and Trade Management
Main Themes:
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Swing Trading After Earnings: A new trader, Jitendra, questioned trade management for a swing trade on Applovin (APP) following a significant post-earnings price surge.
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Market Volatility: The coach emphasizes the current extreme market volatility driven by…
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Pete Renzulli started the discussion Inside Candle, SMS Trade & Confidence / 11-7-24 in the forum Stocks Coaching a year ago
Inside Candle, SMS Trade & Confidence / 11-7-24
I. Introduction
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Acknowledgment of week’s volatility
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Reference to recent election results affecting markets
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Note about large cap stocks performing well
II. Inside Day Setup Discussion
A. Core Concepts
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Definition: Breakout trade following order flow direction
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Can be used on multiple timeframes (5-minute, daily, etc.)
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Represents a one-day/one-candle…
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Pete Renzulli started the discussion Analyzing Market Breadth, Earnings Gap Open Price 11-4-24 in the forum Stocks Coaching a year ago
Analyzing Market Breadth, Earnings Gap Open Price 11-4-24
I. Opening Market Commentary
– Market performing as expected
– Community showing smart, patient trading approach
– Upcoming events: Election and Fed meeting
– Emphasis on waiting for decisive market direction
II. Market Breadth Analysis (Response to LJ’s Question)
A. Using Market Breadth for Both Bullish and Bearish Analysis
– Examining stack bullish…
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Pete Renzulli started the discussion Defining, Scanning & Increasing Your Edge 10-31-24 in the forum Stocks Coaching a year ago
Defining, Scanning & Increasing Your Edge 10-31-24
I. Market Overview and Context
– Discussion of current market volatility due to earnings
– Preparation for election-related market movements
– Community’s successful approach to managing positions and risk
II. Trading Software and Analysis Tools Discussion
A. Using Finviz
– Creating ETF portfolios
– Setting up screening criteria
– Using sector…
