Rick’s Featured Trade Ideas

There will be no trade ideas until after the election, I feel it is too risky to be knee deep in the market right now. We believe in trading smart and smart money has backed out of this market. One of the hardest lessons for a trader to learn is you don’t have to be buying new positions every day.

Good Morning, Profit Traders,

SPY headed for the 200-sma on the daily chart – I would expect some consolidation around the 200-sma. The short trade and the inverse ETF’s have done very well, so it might be time to cash in a little.
So this market has acted and done just what we expected; using Candlesticks, Trends, Support  and Resistance to navigate through a chart is a beautiful thing.   Continue to stay mostly with the short trades (take a few profits).  If you have long trades they are ok if they are working, staying with a long trade because of hope is never a good idea.

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Members Daily Trade Ideas. Be aware of sudden market changes!
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No trade ideas, I am protesting until the market looks better.

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
No trade ideas today – plan to pull from current list

These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains.  You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

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