Jane Gallina's Blog, page 7

July 22, 2019

Amazon Prime Day | Online Shopping Deals

[image error]



The deals for Amazon Prime Day have already started. It’s the Christmas in July sale to drive sales up mid year for Amazon. Last year the one day event was even bigger than Black Friday sales. However all of these deals are not available to everyone, they are exclusive to prime members which you can try for free for 30 days. There are some Deals exclusive to Alexa owners as well. You simply ask Alexa what deals are for you.




                                    




With Amazon as the biggest online retailer the sales that come from Amazon Prime Day Deals can create a ripple effect in the market. If the sales are higher than expected it could in turn cause Amazon to increase in price.





This increase in price would then in turn help the market to run up to newer highs. If you ever want to see what ETFs could be affected by the move of a single stock simpy go to ETFdb.com





The link above is set up for AMZN and you would quickly learn that there are 139 ETFS that could be affected by price action of AMZN. The SPY has 3.31% of its holdings in AMZN and QQQ has 10.45% of its holdings in AMZN. This information was taken from ETFdb.com. For the SPY that is the third largest holding and for QQQ the second largest holding besides MSFT. So the price action can affect the whole market.





Not only that but it can affect the rest of the Retail sector and the XRT or Retail ETF. Amazon has truly taken over the retail world and transformed it from an in store experience to an online shopping experience. It was one of Bezos visions over 20 years ago.





To me it is now Amazon shopping online first and then compare everywhere else. The interesting thing is after living in France and Italy 19 years ago to now in Canada the evolution on Amazon internationally is amazing. This is not just a simple mom and pop operation this is now global and will likely cause ripple effects in the Retail world internationally.





My tracking of Amazon quickly earned me the nickname of JungleJane in the Java Pit Trading Room. When you see what is going on with Amazon you now know how it can affect the SPY and QQQ index ETFs.





Enjoy those deals, and be prepared for this weeks announcements of the sales and how that could likely affect the price and the market overall.





I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you would like to be in Training Pit with me sign up here or if you want one on one training you can email me jane@thedarkpools.com You can contact me here or Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane) or YouTube





The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. You can receive 5% off with Promo code CARPEPROFIT15 all caps when you sign up here for your first year or month





Another amazing software is Trendspider that has a new innovative rain drop candlestick that shows the volume for the morning session and afternoon session as far as the weight of it in price action. You can try them for free for 7 days here and receive 20% off with MTS20







My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as  Barnes and Noble, IndigoChapters,and more.





For my charts I use tradingview.com which offer free charting and paid services.







Also Stocks To Trade that has a 1 week $7 trial





This blog is for informational and educational purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any security or fund.




 •  0 comments  •  flag
Share on Twitter
Published on July 22, 2019 09:06

Sell the News and Buy the Hype

Today I traded CTST CannTrust for a nice a nice 14% profit while taking my daughter for her final vaccines before School. So does it hold true that you should Sell the News and Buy the Hype. In this scenario I bought the bounce of an oversold stock.





For the general public it seems this becomes a self fulfilling prophecy. Why does this happen? The basic premise of Fear in trading.





The Fear of Losing Money



When people hear bad news such as a PCG Electric company announcing that with all the fires they might have to file for Bankruptcy. Over the next three weeks the investors became fearful and sold off their holdings and the stock dropped from 46 to 6. It was the fear that could have caused the initial sell off and then as stops were triggered it snowballed down the hill.





Oversold Buying Opportunities



This fearful selling can sometimes, but not always create a buying opportunity. If you have followed my blog I like seeing the stocks that have dropped outside of the Bollinger Bands and showing an oversold RSI. Sure enough this was CTST CannTrust today. In the past three days due to the news of selling illegal pot to a Danish Company according to health Canada.





This caused the stock to drop almost 50% in 3 days. This morning at open it dropped and then volume came in and the first candle had a big wick to the bottom. I jumped in at 2.85 and set a limit order to sell 75% at 3.26. Next week I’ll tell you why I chose that number. Sure enough it went to 3.27 and pulled back.





Buying the Rumor and Fear of Missing Out



When a company get hyped up that a buyout is happening the stock jumps up. Why does this happen? First the shorts usually exit when they hear the news because they become fearful that it is going to go up even more. Then you also have to people jumping in on this rise and they want to join into the momentum with a fear of missing out.





If this news is simply hype it can drop back down as quickly as it went up leaving those buyers at the top bag holding the stock. APC Anadarko Petroleum is a perfect example of this scenario. There were two instances of this when there was a bidding war for the buyout. First it jumped up to the 60s and then up to 70s.





Overbought Selling Opportunity



If this hype of a merger or a new contract turns out to be fake news. Then it creates an overbought selling opportunity for the stock. When these fake news gaps happen it creates a price outside the upper Bollinger Bands and a selloff back to the mid line. If you know the bell curve at all the Bollinger Bands outer ranges and the midline or typically 20 SMA becomes that midline.





With timing and patience opportunities appears



Trading is all about patience in finding the setups and letting the trade develop. I enjoy the oversold stocks and watching them find a bottom and retrace back some of the gap and profit. Its about creating a watch list and monitoring them, setting alerts and being away of the daily volume and daily movement for your entries and exits.







I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you would like to have one on one training or joing the Training Pit Room you can email me jane@thedarkpools.com You can contact me here or Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane) or YouTube





The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. You can receive 5% off with Promo code CARPEPROFIT15 all caps when you sign up here for your first year or month





Another amazing software is Trendspider that has a new innovative rain drop candlestick that shows the volume for the morning session and afternoon session as far as the weight of it in price action. You can try them for free for 7 days here and receive 20% off with MTS20







My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as  Barnes and Noble, IndigoChapters,and more.





For my charts I use tradingview.com which offer free charting and paid services.







Also Stocks To Trade that has a 1 week $7 trial





This blog is for informational and educational purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any security or fund.




 •  0 comments  •  flag
Share on Twitter
Published on July 22, 2019 09:04

My life as a Day Trader Mom

Day Trading from Home with Kids



I have many women wonder how I trade as a mom of two under 5. I will not lie and say that it is not always easy. However if you want something bad enough, you figure out how to make it happen.





My husband and I have the belief that family comes first, so after reading Timothy Ferriss’ The 4-Hour Workweek I was determined to find a job to work online from anywhere.





It wasn’t easy at first. When I started in the daytrading world, I had a 6 month old and was trying to do too much. I was using self study when she was asleep and did not follow the rules. I blew through a $6,000 account in a matter of weeks. Why?





Follow the Day Trading Rules



#1 I didn”t follow the rules. Rules like for kids growing up are there for a reason and to establish good habits. Top recommendation I would say for a new trader now is paper trade during the learning phase and save capital for when you know what you are doing.





Did I have help with the kids when learning to trade? In the beginning I did not and quickly learned that after the blow up and I should study until our daughter was able to go to daycare in the mornings for a couple of hours allowing me dedicated time to watch the market. While she was home I still did my homework of watching the market at open.





Why at open? If you are new to trading you will quickly learn that it is important to have liquidity to get in and out of the market and the most volatility a day traders friend is in the first hour of the market.





Learning Something New Everyday



There is a lifetime worth of studying the market possible. All it takes to be profitable is find your strategy and follow your rules. Easy Right! It can sound easy, but if you are distracted in your brain with a sick child or a family issue then it can cloud your brain to distract you to break those rules.





As a good trading buddy of mine(Jerremy Newsome) says Trading is Easy, It’s just Hard. We all know what we are supposed to do it’s the act of actually doing it that is hard. Just like we know what a healthy lifestyle of diet and exercise is for us, but it takes daily choices and discipline to follow that healthy lifestyle.





The same is true in trading. It takes daily discipline to make the right choices for your trades. Sorry I digressed.





Daily Routine is important



So now as a mom trader, the mornings are all about being on a schedule to have the time to prep at my desk. I wake up roughy 6 am with the girls. We play, read, have pj dance parties and breakfast. I try to get them to daycare by 8 am in order to be back at my desk for 815-820. The more time I have to prep and plan out my trades the better.





Once at my desk I pull up my Trade Ideas Scanner which is an amazing scanning and alerting stock tool. That is where I find the stock to put on my watchlist. I am done at the latest by 915 and then have 15 min to center myself and join in the morning meeting in the Java Pit.





[image error]



In a short 2 weeks. I’m excited to be able to give back and help new traders learn from the ground up in the Training Pit. If you want to join us in the Training Pit or Java Pit or even one on one training shoot me an email at Jane@thedarkpools.com and I will be happy to help you find your path as well.





Working from home is the best blessing. To be able to be present for my kiddos if they need me and work at night while they are sleeping or an hour in the morning. As the saying of Carpe Diem to Seize the Day, I want you to Carpe Profit and Seize those profits.





[image error]



The new Training Pit Trading Room will be starting August 5th, and we are going to be covering things like how to use the software, how to place an order, How to read charts, How to understand Level 2 and so much more. There is a lifetime worth of information you can study in the market, but the basics are crucial. So If you or someone you know has an interest, then register here to be updated when the room is up and running.





We want to see you succeed and want to be your training wheels for you to have success.





I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you have questions or comments you can contact me in the comment section or Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube





The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. You can receive 15% off with Promo code CARPEPROFIT15 all caps when you sign up here for your first year or month through July 7th.





Another amazing software is Trendspider that has a new innovative rain drop candlestick that shows the volume for the morning session and afternoon session as far as the weight of it in price action. You can try them for free for 7 days here and receive 20% off with MTS20







My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as  Barnes and Noble, IndigoChapters,and more.





For my charts I use tradingview.com which offer free charting and paid services.







Also Stocks To Trade that has a 1 week $7 trial







This blog is for information purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any security or fund.




 •  0 comments  •  flag
Share on Twitter
Published on July 22, 2019 08:59

Volatile Stock List 7.22.19

PREMARKET ACTION FOR THE INDEX ETFS SPY -upQQQ -upIWM – upDIA – up The announcements from forexfactory.com for today. The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading obsVolatile Stock List 5.17.19ervations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Login to view the watchlist or Subscribe today in order to have access.  Do you want to learn to trade?. Do you want to learn more about my Online Training Videos?

The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

 •  0 comments  •  flag
Share on Twitter
Published on July 22, 2019 05:50

July 19, 2019

Volatile Stock List 7.19.19

PREMARKET ACTION FOR THE INDEX ETFS SPY -upQQQ -upIWM – flatDIA – up The announcements from forexfactory.com for today. The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading obsVolatile Stock List 5.17.19ervations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Login to view the watchlist or Subscribe today in order to have access.  Do you want to learn to trade?. Do you want to learn more about my Online Training Videos?


The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

 •  0 comments  •  flag
Share on Twitter
Published on July 19, 2019 06:01

July 18, 2019

Top 5 day trading tools

Just like a Pilot has to trust their instruments when flying in bad weather, a Day Trader must be able to trust their tools. If you talk to any traders you will find out they all agree that there is not one platform or service that provides everything they want in one location





The Top 5 tools for me include a reliable Level 2, a reliable stock scanner, a reliable charting software, reliable community of traders and a reliable trading site.





trading-setup



Reading Level 2 for profits





Having an in depth level 2 market data is in my opinion very important. Without being able to see where the big orders are on the book you are trading blind. Being able to see a buyer or seller refresh their bid to get their bigger order is very important. Understanding where the strength lies on the volume is very important.





There isn’t always one provider that will give you everything you want. For my level 2 market data I use two different sources. Think or Swim and Schwab Street Smart Edge.





[image error]



Why do I like Think or Swim? I love that I can see GSCO or Goldman Sachs to see where they lie on the books. Many times I use their bids or offers as targets as they have a great deal of capital and can help to move the market. I will track their initial bid and offer 15 min after open. If they move their offer up there is a chance that the price will continue past their first offer, but it still remains a target.





The second one I use is Schwab Street Smart Edge that shows bigger orders and the refreshing of orders on bids and offers more easily as well as a time and sale box that shows when a sale goes through the ADF or Alternative Display Facility.





I love being able to offer people free alternatives but I haven’ been able to find a free real time level 2 quotes online.





market-depth



Best Stock Scanners



I know you are thinking more than one scanner what Jane you must be crazy. No I don’t know of any more than one because I do have a free stock scanner to offer to you on this one. First we will start off with the best stock scanner.





Trade Ideas is an amazing software that has been evolving since 2002 and with 17 years of tweaking and feedback from their customers and outside users it is an amazing software. You have the ability choose to use the scanning and alerting by itself. You have the ability take the premium version to back test you strategies and use their Artificial Intelligence Holly to generate ideas for you. You have the ability take it one step further and automate your trading directly with certain brokers. A software built by traders for traders. They also offer a free trading room and a free web version of the product with delayed data.





[image error]



The Second top scanner that I am happy to enlighten new traders about is Finviz.com They have a free version and a paid version. The paid version obviously gives you more abilities, but the free version is amazing and great for end of day scanning. They also offer an amazing map of the market sentiment by sector.





[image error]



Stock Charting Software



For Charting there are a couple options that I really love. The best charting software to me is Tradingview.com. One of the main reasons why I love this software is because it is so easy to use on a mobile device. I set everything up on my laptop. I set levels to watch alerts and then when I’m at the gym getting in a workout I receive my alerts and can see the same charts. Some platforms especially brokers offer different views on the desktop versus the mobile device.





[image error]











My second favorite charting software is Trendspider that has the first ever that I know of rain drop candles. Truly only second because they are a new company and don’t have their app up yet. Since I’m a big follower of volume they use the data feed to create these candles which help to show where the volume flow was during that candle. Best way to describe it is to show you an image Worth 1000 words right!





Trendspider-raindrop-candlesticks



Also the ability to have multiple time frame analysis on one chart. Where you can use a 5 min chart to trade but see the daily averages as a dashed line to know where the price action might stop.





The final feature of Trendspider that is great for newbies is the algo that will draw trend lines for you, to help you shorten the trendline learning curve.





There are actually a couple of free charting platforms. Tradingview.com also has a free version which like finviz.com is great when the market is closed. There is also Bigcharts.com which has a premium upgrade to it and StockCharts.com





Day Trading Community



There have been two very positive and supportive trading rooms that I don’t know of any really found to be my home. One of which is you bet free. It is so important as a day trader to be in a community of supportive people as you will make mistakes and when others support you and allow you to get better we all win. That mentality really hit home in the Java Pit Trading Room.





I clicked with Stefanie Kammerman and now we are working together in the Training Pit to which would be similar to trading 101 in trading university. A place for beginner traders to come and learn the proper foundations of trading. Software execution, Charting, and more tips.





[image error]



The other trading room that is great for people just wanting to get a taste of the stock trading world is hosted by Trade Ideas. Where you can see their software for free ad Barrie the moderator will keep people in check.





Many times I hear people talk about stock chat rooms, but the day trading chat rooms that I don’t know of any been have been more about chatting than trading and unfortuntately not a supportive atmosphere. Bottom line is you will find the room and style that meshes with you. I prefer up beat positive people that yes are human and make errors and take small losses in trading.





Your Trading Platform



It is very important to have a platform that you like. There are many out there depending on where you live. For me as an expat in Canada I only have a handful. I use Interactive brokers remotely on my phone, but find their platform not the easiest. I love the mobile version of Think or Swim.





I don’t know of any heard horror stories from some Americans that are day trading with Robinhood. It is somewhat true to say that you get what you pay for. So make sure that you go with a reputable broker that will not kill your capital with fees.





Arsenal of Tools in Trading



When someone asks me what I use, I always think of my instrument flying experience and trusting my instruments. I need to know that I can rely on all the items I mentioned above. To be honest if one faulters it can distract me from the job of trading. When that happens. I wait until everything is fixed and watch for the next setup. This I just realized does not include my desk setup of hardware it is all software for trading.

 •  0 comments  •  flag
Share on Twitter
Published on July 18, 2019 10:58

Volatile Stock List 7.18.19

PREMARKET ACTION FOR THE INDEX ETFS SPY -downQQQ -downIWM – upDIA – down The announcements from forexfactory.com for today. The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading obsVolatile Stock List 5.17.19ervations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Login to view the watchlist or Subscribe today in order to have access.  Do you want to learn to trade?. Do you want to learn more about my Online Training Videos?


The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

 •  0 comments  •  flag
Share on Twitter
Published on July 18, 2019 05:57

July 17, 2019

Top 5 day trading tools

Just like a Pilot has to trust their instruments when flying in bad weather, a Day Trader must be able to trust their tools. If you talk to any traders you will find out they all agree that there is not one platform or service that provides everything they want in one location


The Top 5 tools for me include a reliable Level 2, a reliable stock scanner, a reliable charting software, reliable community of traders and a reliable trading site.




Reading Level 2 for profits


Having an in depth level 2 market data is in my opinion very important. Without being able to see where the big orders are on the book you are trading blind. Being able to see a buyer or seller refresh their bid to get their bigger order is very important. Understanding where the strength lies on the volume is very important.



There isn’t always one provider that will give you everything you want. For my level 2 market data I use two different sources. Think or Swim and Schwab Street Smart Edge.


Why do I like Think or Swim. I love that I can see GSCO or Goldman Sachs to see where they lie on the books. Many times I use their bids or offers as targets as they have a great deal of capital and can help to move the market. I will track their initial bid and offer 15 min after open. If they move their offer up there is a chance that the price will continue past their first offer, but it still remains a target.



The second one I use is Schwab Street Smart Edge that shows bigger orders and the refreshing of orders on bids and offers more easily as well as a time and sale box that shows when a sale goes through the ADF or Alternative Display Facility.


I love being able to offer people free alternatives but I haven’ been able to find a free real time level 2 quotes online.


market depth

Best Stock Scanners

I know you are thinking more than one scanner what Jane you must be crazy. No I don’t know of any more than one because I do have a free stock scanner to offer to you on this one. First we will start off with the best stock scanner.


Trade Ideas is an amazing software that has been evolving since 2002 and with 17 years of tweaking and feedback from their customers and outside users it is an amazing software. You have the ability choose to use the scanning and alerting by itself. You have the ability take the premium version to back test you strategies and use their Artificial Intelligence Holly to generate ideas for you. You have the ability take it one step further and automate your trading directly with certain brokers. A software built by traders for traders. They also offer a free trading room and a free web version of the product with delayed data.


The Second top scanner that I am happy to enlighten new traders about is Finviz.com They have a free version and a paid version. The paid version obviously gives you more abilities, but the free version is amazing and great for end of day scanning. They also offer an amazing map of the market sentiment by sector.


Stock Charting Software

For Charting there are a couple options that I really love. The best charting software to me is Tradingview.com. One of the main reasons why I love this software is because it is so easy to use on a mobile device. I set everything up on my laptop. I set levels to watch alerts and then when I’m at the gym getting in a workout I receive my alerts and can see the same charts. Some platforms especially brokers offer different views on the desktop versus the mobile device.


Trading view Chart

My second favorite charting software is Trendspider that has the first ever that I know of rain drop candles. Truly only second because they are a new company and don’t have their app up yet. Since I’m a big follower of volume they use the data feed to create these candles which help to show where the volume flow was during that candle. Best way to describe it is to show you an image Worth 1000 words right!


Trendspider raindrop candlesticks


Also the ability to have multiple time frame analysis on one chart. Where you can use a 5 min chart to trade but see the daily averages as a dashed line to know where the price action might stop.


The final feature of Trendspider that is great for newbies is the algo that will draw trend lines for you, to help you shorten the trendline learning curve.


There are actually a couple of free charting platforms. Tradingview.com also has a free version which like finviz.com is great when the market is closed. There is also Bigcharts.com which has a premium upgrade to it and StockCharts.com


Day Trading Community

There have been two very positive and supportive trading rooms that I don’t know of any really found to be my home. One of which is you bet free. It is so important as a day trader to be in a community of supportive people as you will make mistakes and when others support you and allow you to get better we all win. That mentality really hit home in the Java Pit Trading Room.


I clicked with Stefanie Kammerman and now we are working together in the Training Pit to which would be similar to trading 101 in trading university. A place for beginner traders to come and learn the proper foundations of trading. Software execution, Charting, and more tips.


Stock Training Pit

The other trading room that is great for people just wanting to get a taste of the stock trading world is hosted by Trade Ideas. Where you can see their software for free ad Barrie the moderator will keep people in check.


Many times I hear people talk about stock chat rooms, but the day trading chat rooms that I don’t know of any been have been more about chatting than trading and unfortuntately not a supportive atmosphere. Bottom line is you will find the room and style that meshes with you. I prefer up beat positive people that yes are human and make errors and take small losses in trading.


Your Trading Platform

It is very important to have a platform that you like. There are many out there depending on where you live. For me as an expat in Canada I only have a handful. I use Interactive brokers remotely on my phone, but find their platform not the easiest. I love the mobile version of Think or Swim.


I don’t know of any heard horror stories from some Americans that are day trading with Robinhood. It is somewhat true to say that you get what you pay for. So make sure that you go with a reputable broker that will not kill your capital with fees.


Arsenal of Tools in Trading

When someone asks me what I use, I always think of my instrument flying experience and trusting my instruments. I need to know that I can rely on all the items I mentioned above. To be honest if one faulters it can distract me from the job of trading. When that happens. I wait until everything is fixed and watch for the next setup. This I just realized does not include my desk setup of hardware it is all software for trading.

 •  0 comments  •  flag
Share on Twitter
Published on July 17, 2019 11:17

Volatile Stock Watchlist 7.17.19

Stock Market Indexes Premarket Action

$SPY – up slightly
$QQQ – down slightly
$IWM – up slightly
$DIA -up slighlty

volatile stock watchlist.


AMD stock chart


QCOM daily chart


AVRO daily chart


TSLA daily chart


FRAN daily chart


ERIC daily chart


BP Daily chart


CSX Daily Chart


FMS Daily Chart


BAC Daily Chart




Legal Disclaimer





The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading obsVolatile Stock List 5.17.19ervations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

 •  0 comments  •  flag
Share on Twitter
Published on July 17, 2019 06:14

July 15, 2019

Volatile Stock List 7.15.19

The announcements from forexfactory.com for today. PREMARKET ACTION FOR THE INDEX ETFS SPY -upQQQ -upIWM – upDIA – up The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading obsVolatile Stock List 5.17.19ervations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Login to view the watchlist or Subscribe today in order to have access.  Do you want to learn to trade?. Do you want to learn more about my Online Training Videos?

The stocks have been found by using Trade Ideas stock scanning and alerting software you can see in live action in the always free trading room This is for educational purposes.  There is a high degree of risk involved in trading equities, ETFs and options. Past results are not necessarily indicative of future returns. Airplane Jane and Jane Gallina assume no responsibility for your trading and investment results. The indicators, strategies , columns and articles and all other features are for educational purposes only and should not be construed as investment advice. Information for future trades and observations are obtained from sources believed to be reliable, but we do not warrant is completeness or accuracy, or warrant any results from the use of such information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

 •  0 comments  •  flag
Share on Twitter
Published on July 15, 2019 05:56