Trade On The News
Everyone wants to have their hand on the fastest news service out there to be able to jump on the trade before the masses get their hand on the move.
What if I could tell you that there is another way to trade before they news even comes out to the public? Would you be interested?
Top Breaking News Today
The top five news sources for traders to receive the latest infomation
The chart below compares their costs and services offered:
Having the latest and greatest news you can see is quite a lucrative business for the services above, but wouldn’t you like to be able to trade with an advantage before the news came out.
Another way to catch a glimpse of what might happen is to track what the insiders are doing.
Most of us do not have the ability to get the insider information, but the insiders of the company do have it and when they place a trade they have to report their trade to the SEC.
The insiders must fill out a Form 4 for when buying or selling stock or options. You can easily check if there is a form filed on a stock here
Many times the form 4 buying will signify a big move to the upside coming potentially, but an insider could sell for any reason.
They could sell because they want a new house, they need to pay for their child’s education, they want to transfer money to another investment, or potentially a divorce settlement.
So you never really know why behind a sell, but a buy tends to be stronger than a form 4 sell.
Wouldn’t you want to know before these forms pop up 3 days after the transaction. You can see these transacions in the darkpool.
What is Dark Pool
The Dark pool was established back in the 1980’s. It was established for people that have those massive orders to get better fills and better commissions.
When you are trading 1 mill shares you can get a discount on the fees and the best fills. Another reason to use the darkpool is to keep that order out of the public eye.
They do have to report those trades, but they have up to three hours after the trade is complete to report these trades. This where you can learn about the prints before the news and before the form 4s are reported.
This is where you truly get an edge before the news and the insider reportings.
Are you ready to come to the Dark Side?
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 firstname.lastname@example.org 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
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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, Indigo, Chapters,and more.
For my charts I use tradingview.com which offer free charting and paid services.
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.