Interested in an Example Trading Plan? Here's one for Short Put Verticals. I just redid this one & it's now available for viewing. Check it out.
@SchwabTrading
@JamesBoydCS … it looked so bad intra week. I saw it and took minimal action even tho I saw it sitting right on the 10… I should’ve set an order right at the 10 to eliminate emotions. 🤦♂️
@RachelDashCS You and the other coaches make learning enjoyable. I look forward to attending all the classes especially yours! And if I miss it I like to watch when they’re posted. A topic that I’m interested in + great teacher = best combo.
@JamesBoydCS omg, need practice on those 5 bounce set ups. it’s just my psychology says “no, it’s red candle” and looks like a bearish engulfing.. but I guess this is where i do conditional orders. “buy if this price goes here” so I’m not looking at the screen a lot. And remove emotions. 🫡
@JamesBoydCS I understand it what you’re saying, but my emotions are run high when the VIX is so high lol. And we all know emotions tend to take over for newer investors..
No, no one knows when the low will be next year.
Just remember that midterm years see the largest peak-to-trough pullbacks, yet, a year off those lows has never seen stocks lower.
One thing i want to mention about swing trading is some try to buy at / near the 10 day ema and try to target the white line which is 8% above the 10 day ema. e.g. $AU
Remember we said swings could be targeting 6,8,10%
Not a Recommendation
Beware of chart crimes you see on the internet... Technical analysis is an art, not a science, but there are some rules...
What actually makes a true Head & Shoulders pattern?
$NDX - not a H&S... it doesn't have an even neckline, shoulder heights are dramatically different. This can be called a possible distribution pattern if you are going to call it anything
$META a true H&S pattern... the neckline is a straight line, shoulder heights are nearly identical, and volume spikes in formation of the left shoulder, head, & right shoulder
*Not a recommendation
2 Vid's to watch for setting up for 2026 ( Watch Both! b/c they build on each other )
Day # 1 - https://t.co/a3n32AXoar
Day # 2 - https://t.co/CxtTnKraOm
Let me know any questions!