All Entries in the "Day Trading" Category
Week 12 Trades Review (Video)
March 25, 2012 at 8:00 am
Despite a lack of direction in the market last week, my account grew.
We caught some nice trades for the week inside the Bandit Hideout, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as several stopped trades were offset by some nice winners. Diversifying trading directions, timeframes and strategies has some big advantages.
This show-and-tell look at the trades I took this week should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late. And for those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
Week 11 Trades Review (Video)
March 17, 2012 at 9:00 am
Last week was a solid week for trading as I added to my swing exposure while producing some steady cash flow via day trades.
Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as several stopped trades were offset by some nice winners. Diversifying trading directions, timeframes and strategies has some big advantages.
I wanted to give you a show-and-tell look at the trades I took this week. It should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late. And for those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
Week 10 Trades Review (Video)
March 13, 2012 at 8:00 am
The indexes didn’t make much progress in either direction, despite an early-week hiccup, but the dip-buyers once again made their presence felt last week. The buy-and-hope crowd didn’t make any progress, but actively trading the moves offered some potential for us.
Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as several stopped trades were offset by some nice winners. Diversifying trading directions, timeframes and strategies has some big advantages.
I wanted to give you a show-and-tell look at the trades I took this week. It should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late. And for those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
Week 9 Trades Review (Video)
March 4, 2012 at 1:10 pm
Stocks headed mostly sideways last week despite the indexes easing across the line into new high territory. Once again, highs didn’t prompt the same response we’ve seen to dips (buying), leaving the indexes looking sluggish after significant 10-week rallies.
Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as several stopped trades were offset by some nice winners. Diversifying trading directions, timeframes and strategies has some big advantages.
I wanted to give you a show-and-tell look at the trades I took this week. It should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late. And for those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
Week 8 Trades Review (Video)
February 25, 2012 at 11:26 am
Last week saw the market edge higher overall, but momentum was distinctly absent.
Inside the Bandit Hideout, we took only a few trades. It wasn’t a great week by any measure, as it was holiday-shortened and I only traded Thursday and Friday after being in NYC for the early part of the week. Generally, the weeks which offer more plays tend to be more profitable, as our technical edge is able to play out, so anytime only a handful of trades are taken, it places a higher premium on accuracy.
I wanted to give you a video recap of the trades I took this week. It should give you a feel for the kinds of setups I’ve focused on of late. And for those curious about our trading style in the member area, this should give you a good indication of the kinds of plays you’ll see highlighted for subscribers each night. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
5 Takeaways from the NYC Traders Expo
February 23, 2012 at 11:35 am
Last night I returned from my trip to the NYC Traders Expo. It was a great experience. Visiting the city itself with some great February weather and seeing all the famous landmarks was nice, but I really enjoyed spending time with some Bandit subscribers and some other trading friends I’ve made over the years from different parts of the country.
In addition, I was fortunate to speak to groups of traders twice while there, which was both challenging and insightful as I prepared ahead of time then fielded some well-thought-out questions from attendees. It was really fun!
There’s an energy when traders collect which is always motivating. From the trading floor I first participated on back in 2000, to times in Chicago seeing everyone file into the CME ahead of the day’s session, there’s just something that happens when traders gather to compete or exchange ideas – I love the atmosphere.
A few thoughts on what I witnessed, in no particular order…
Hunt for the magic bullet. There are a TON of traders who show up just wanting the latest lure to fish with. They aren’t willing to put in the work, to learn to think for themselves, or to understand what it takes to become successful as a trader. They want the overnight shortcut, and they exit the scene just as quickly as they arrive, disappointed and surprised that trading isn’t red and green infomercial-easy.
Trading is a process. I’ve known this, but was reminded of it through my preparations for speaking and in conversations with other traders. Trading requires adaptation, a willingness to lose regularly. Imperfection is to be expected, and so it all becomes about good management of trades rather than finding the can’t-miss sure thing. What works now may not work in a few weeks, so you have to be willing, able, and prepared to shift your approach. The market evolves, and so must you if you want to stay in the game and keep seeing opportunities.
Expectations. Expect some losing trades (and learn to manage them wisely). Expect periods of frustration and confusion, they’re going to happen. Expect the market to surprise you – it’s just that way, so you’ll have to be ready to respond accordingly. Times will come when you have no clue what’s next, but that’s OK. When they arrive, you can accept them and sideline yourself until clarity comes.
Hard work is rewarded. I saw Expo attendees show up early and stay late, attending multiple sessions, taking notes on the good things they heard, and leave tired but hopeful that some fresh perspectives will influence them to improvement in the days ahead. I saw prop traders from SMB who started their day extremely early, made the commute to lower Manhattan, gave it their best all day (though some admitted it was a tough day), then stuck around after the close to listen to my thoughts. Even after I was done presenting, they showed the discipline and desire to improve by asking questions, just absorbing knowledge even though they were tired and hungry and eager to call it a day. Those who work hard – even when it isn’t comfortable – are the ones who will make it, keep improving, and eventually see the fruits of their labor.
Trading is a battle. What’s interesting – and which few stop to recognize – is that only part of the battle is in the market. The rest usually happens internally. So be ready, you’ll need to bring your best if you want to compete in this game. You need to prepare a plan, and think through the emotions you might face while implementing it. Regardless of style, strategy, market, or timeframe, every great trader has his head on straight. Those who don’t will have it beaten to a pulp by a ruthless market.
If you were there, or if these have resonated with you, feel free to share some thoughts of your own.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
Week 7 Trades Review (Video)
February 18, 2012 at 9:30 am
Stocks headed higher again last week in a lackluster fashion, as a Monday gap was followed by some mid-week hesitation, and ultimately a move to new recovery highs for the NAZ, S&P 500, and DJIA.
Inside the Bandit Hideout, we took a number of trades on day & swing trading timeframes, as well as in both directions, so I wanted to offer a video recap of each of them. It wasn’t a great week by any measure, but once again the numbers game of trading proved essential as several stopped trades were offset by some winners. Diversifying trading directions, timeframes and strategies has some big advantages.
I wanted to give you a show-and-tell look at the trades I took this week. It should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late. And for those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
(Direct video link is here for those interested in embedding it elsewhere to share).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Get our free newsletter to keep up!
Follow @TheStockBandit
