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.
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.
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 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 (@ItsAirplaneJane), 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
Trade Ideas will be offering the quarterly full access test drive of their software their software in Nov 2019 for the cost of data fees $9.
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
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.
The short squeeze definition from Investopedia is a situation in which a heavily shorted stock or commodity moves sharply higher, forcing short sellers to close out their short positions and adding to the upward pressure on the stock. Short sellers are being squeezed out of their short positions, usually at a loss. Short squeezes are generally triggered by a positive development that suggests the stock may be embarking on a turnaround. Although the turnaround in the stock’s fortunes may only prove to be temporary, few short sellers can afford to risk runaway losses on their short positions and may prefer to close the position even if it means taking a substantial loss.
So lets break this down for everyone. These can be amazing situations when you are on the long side of the trade, but if caught short devistating. If you don’t believe me read this article about a guy that was short $KBIO back in 2015 and it gapped against him.
Many times you will see the short squeeze with a lower float stock. To me a lower float stock is one that is less than 20 million shares in the float. So now you might be asking what is the float of the stock. So the float of the stock is the amount of shares that can be traded by the public on the public stock exchange. There can be floats less than 1 million and ones bigger than 1 billion.
So I have 4 stocks up above that have all had short squeezes. These are not the only ones. There are many traders and trading rooms that follow the low float stocks for these short squeezes. The Floats for the stocks above are: NAKD 8.3mil, GEVO 6.85mil, STMP 17.09 mil, RKDA 3.18mil. This massive surge to drive a stock from 5.65 up to 65 in 7 days is totally irrational and usually the case of a short squeeze.
The easiest scanner that I have used to find these moves is Trade Ideas. If you are a current subscriber of Trade Ideas you can copy this cloud link and upload it into your cloud to add to your scanners. That is one of the coolest share great alerting windows.
These stocks move very quickly and make amazing gains. Here is a sample from RKDA this week.
Here you can see this stock almost doubled overnight.
So what happened. There was a catalyst or news anouncement that was released saying that RKDA is entering into the cannabis sector. Sure enough that was enought to get people on board to buy. You can see the trip up to 10.40 was not a straight move up. It ran premarket the orange area from 5.63 up to 9.4 and then a sell off down to 7 in the first 15 min of normal trading hours. So these stocks are great for volatile moves, but you have to be prepared to act quickly. Many of the traders that trade these type of stocks actually use hot keys with their brokers to make sure that they execute their trades quickly without having to enter the order while the stock is moving against them.
These stocks if you can get shares to short are great when it continues to the downside, but I will show you an example where the shorts of RKDA last year thought it was going to be an easy ride down with a close at $12 and it resulted in the stock running to $52 the next day.
All of this is based on supply and demand. The low supply (float) and low float traders buying and shorts being squeezed (many times forced to buy back the stock ) causes dramatic life changing moves.
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 here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube
For my charts I use tradingview.com which offer free charting and paid services
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.
We are at a crucial point in the market right now and looking back 1 year it might be more important than we know. I was looking at the Natural Gas levels last year for a seasonal trade on gas and noticed that the high of the begining of the year was Jan 29th and then almost a month long trade to Feb 15th for a low before finding a bottom.
I then began curious to know if somehow the gas futures could also correspond to the market action as well. Sure enough I looked back at the $SPY for Jan 2018 and noticed that yes the high of the market for the beginning of the year was on Friday Jan 26th for a high of and then dropped down to find a new low. Sure enough it peaked at End of Day on the 4th friday of the month and then found a bottom on Feb 9th around 1pm.
When I look back historically at this time frame there doesn’t seem to be an exact drop amount. For 2017 there was a new high on the 26th to only have a 5 day pull back.
When I calculated the drop from last Jan 26th Close of 286.58 to the close of Feb 8th of 257.63 that equates a 10.10% drop. If history repeats itself and we have a High close of the price action of me writing this right now of 266.11 and we have the same 10.10% drop in the market to Feb 8th we are looking at a price of roughly 239.23. So this Friday last year was a very crucial point in the market. The past two weeks seems like a positioning for the big guys in moves to either the upside or the downside.
In the $SPY weekly chart you can see we are currently at a resistance point and for the past the week we have really consolidated price action between the 8ema 261 to the 21 ema of 266.84. There feels like there is tension here in the market to surge higher or to break down from the resistance we shall see we we go Monday. For sure there will be a big move coming it is will we break up to the 50 SMA of 272.76 for a test or back down to 235.79 200 SMA. Wow look at that coincidence. a 10.10% drop would have us close at 239.23 4 points away from 200 SMA.
The market will definitely decide and for those that like to put on lotto trades with options you might want to consider a SPY lotto put of 239 for Feb 15th for .27.
My last blog post I mentioned in 2008 we dropped to 200 SMA on weekly and then to 50 SMA and down to 50% valuation of the SPY. Lets see where we go from here. For now we might have that surge to 272 and then drop to 150. Love tracking the action and trading what the market gives each day.
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 quest.ions or comments you can contact me here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube
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.
When you are a trader it can be very lonely at times. When I first started and I was studying online I felt I needed a community to help me along on my journey. It always helps to know that there are others that have walked in your shoes or can sympathize with what you are going through and the emotions you might be feeling.
Just like when someone goes through a divorce, they feel like them might be the only person that is feeling this pain and difficulty in life. The reality is that many people have dealt with divorce. If you speak with others it can help lift you out of your personal funk and downward pyschological spiral.
All that said a trading community can help you with your trading in my opinion.
Connect with a community
There are more trading chat rooms and trading rooms and stock education platforms out there in which you can share with others. I know that for me the first community of traders I entered was a filled with a bit too much testosterone and one up man ship. Who was the best? That mindest was not the best for me because it made me feel poorly if I had an error in the beginning.
I then reset and joined a second trading community that offered 3 different points of views instead of just one traders viewpoint. This really helped me to learn that your winning strategy has to mesh with your capital that you can commit, your timeframe you can commit and your risk tolerance.
This acceptance by a community of traders virutally is great, however having a chance to meet with them in person is even more fulfilling. That was the whole reason why I developed the Modern Traders Summit.
The Basis of the Modern Traders Summit is for traders to come together in a real life atmosphere to share their experiences, their techniques and connect in person. The first trading seminar I went to was a year and a half into my day trading career and afterwards I realized that if I had visited one in the first 6 months I could have streamlined my learning curve.
So in 2018 the Modern Traders Summit was born to bring positive traders to speak to other traders and interact. This is not your sales pitch type summit it is to help other traders and really allow you time in person with some bigger names in the trading world. There will also be a live trading day on the second day so you can see them in action. No putting them up on a pedestal, they are right there with you to help you.
This year it will be held in Philadelphia Sunday and Monday July 12,13th right in downtown by city hall. Seats are limited and selling out quickly, so make sure to reserve yours before we sell out.
There are two methods of thinking the Glass Half Full or the Glass Half Empty. Do you have the scarcity mindset? Do you worry about not having enough money or enough free time? You have the ability to change that and it comes with the people that you surround yourself with on a daily basis.
If you find yourself in a trading room that does not fulfill your positive thought tank of yourself or your thoughts then maybe you need to assess if it is the best for you. I know I went through that in the beginning of my day trading.
You can beat yourself up or you can have environment that says hey learn from your mistakes you are along the way in your journey. You are new or learning a new strategy be kind to yourself and know that no one was perfect at the start.
There is so much pyschology in Trading and if your trading community isnt giving you the ability to self reflect in a positive way, then do you want to stay there?
I mean do you think that Surgeons knew just what to do their first day of medical school. I highly doubt it and you do yourself an injustice when you look yourself in the mirror and you tell yourself you suck or your are awful because you had a bad trade.
All that being said I want to tell you the traders that I mesh with the most in their positive environments.
Top Chat Rooms
Some people say chat rooms and I prefer to say trading room. The top trading rooms to me are
All of these are run my amazing people that have the vision of abundance and wealth for everyone in their trading communities. They are all Positive environments.
Has been set up to help traders in understanding how Trade Ideas Software can help you profit. There are some amazing traders there that help fellow traders on a daily basis from the goodness of their hearts. There is no negativity allowed by Barrie the Moderator. For a newer trader that might want to learn a bit before they can afford the scanning software or the costs of a trading room it is a great first step.
The Training Pit, run by the Stock Whisperer Trading Company, is where I am one of four teachers that help new traders learn from zero knowledge or those that really want to reboot their trading to learn to trade around the darkpools. We take nothing for granted and teach you from the ground up. (What is a Stock, Brokers, Setting up Software, Which Brokers to Choose, Daily Whisper, Daily Whisper Video, Over 40 live webinars a month, and the webinars are able to be downloaded if you miss them live while you are a subscriber ) This trading room is $99 a month
The Java Pit is also run by Stefanie Kammerman the Founder of the Stock Whisperer Trading Company. The Java Pit is not a room for a beginner as you definitely need to understand timing of trading, how to trade stocks, options and trading around the darkpool. If you are interested in joining the Java Pit you can email Stefanie ( Stefanie@thestockwhisperer.com ) and she might recomment Boot Camp to complete all the requirements stated above.
Bulls on Wall Street is run by Kunal Desai and Paul Singh. Kunal and Paul are two individuals that want to help many traders expand their knowledge and break down trading into simple strategies to profit. They offer free training and ebook as well for newer traders that want to learn more about trading.
Bear Bulls Traders – Day Trading Community established to help new traders
Bear Bulls Traders was founded by multi best selling author Andrew Aziz. Andrew came to trading after also being laid off and looking for a career in the trading world. Andrew likes to emphasize risk management and helping others in his trading community as he was also a newer trader at one time and enjoys hearing the success stories of others.
Jerremy Alexander Newsome is one of the most positive people I have met. He grew up working hard for his capital that he used for trading. Again as most professional traders Jerremy concentrates on simplistic strategies for traders to profit. Talking about R – risk and banking R month after month with proper risk management. He is a Jerremy of all trades and also hosts his own Traders summit as well as authoring a trading book.
I love hearing feedback, so please share. You can also contact me on my social media accounts Twitter (@ItsAirplaneJane), 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
Trade Ideas will be offering the quarterly full access test drive of their software their software in Nov 2019 for the cost of data fees $9.
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
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.
Back on December 13th I noticed the similarities of the crash of 2008/09 and posted on Twitter.
Sure enough we are starting to see the breakdown on the entire market. Im looking into the past to potentially see if the pattern repeats itself it looks like we could break the 200 SMA on weekly chart below and see a big downturn before we see the bottom.
In looking at the past to potentially see the pattern of the future it looks like we will test the 200 SMA on the weekly chart and then test the 50 SMA and if we break 200 SMA again watch out below.
The 50 SMA on the weekly is 274.55 which we broke earlier in December. The 200 weekly SMA is at 234.53 which we could hit potentially this week and then a bounce back up to 50 SMA and a further huge drop down like in 2008 where the support was below the support of 2003 of 67.10….This is proving we could see a very couple of ugly bearish market months to years ahead if the market doesnt break up above the 50 SMA on the weekly chart. I will be on watch and sharing my opinion weekly as it happens. Bottom line is the market is always right and go with the trend.
Below is another bigger picture view to see the support levels on the way down.
On the left is a blow up of support levels from the chart above. On Friday 12.21.18 we closed at 240.70. The royal blue are the support levels and the light blue is 200 Monthly SMA and the peacock blue is the 50 Monthly SMA to watch in the down trend. I would not be suprised if into Jan and Feb we go all the way down to 200 SMA of 154.
The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. 25% Off First Month or First Annual – Promo Code HOLLYCHRISTMAS25 through Christmas Day
I’m also offering 20% off my site through Christmas Day for my book or my watchlist with promo code SANTA
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 quest.ions or comments you can contact me here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube
For the fastest level 2 I have found I use Equityfeed.
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.
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