Trading has been insane the past couple of weeks and a lot of people are making money hand over fist…
Have you missed out?
Well if so, one of the biggest mistakes you can make right now is thinking, “The market is surging higher, I gotta get in and make money NOW.”
Especially if you had a few bad trades and you feel like you have to make it back — that’s a good way to crush your account!
Just say “NO” to revenge trading.
Personally, I’m trading very small size as everything squeezes higher again Tuesday after Consumer Price Index inflation data that was better than expected…
So while the major indices were all up close to 2% or more on Tuesday, just remember…
There will be more trades tomorrow. There is literally an infinite number of trades and opportunities to be had in the stock market.
If you miss out one day, relax. There’s more coming tomorrow, the next day and the next day.
The most important thing is keeping your P/L (profit/loss) in the black, and your balance moving higher.
On that note, here are a few of the day’s top plays that hit my News Flow Scanner!
Tuesday’s Top Order Flow:
- AFRM Nov23 Strike: 25.5 Puts premium: $120,260 ABOVE ASK BEARISH
Trade Date: November 14, 2023 Trade Time: 1:41 pm
- AMZN Nov23 24th Strike: 145 Calls premium: $140,069 ABOVE ASK BULLISH
Trade Date: November 14, 2023 Trade Time: 2:11 pm
- MLCO Jan24 Strike: 7 Calls premium: $225,505 ASK BULLISH
Trade Date: November 14, 2023 Trade Time: 11:15 am
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators and scammers.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
It’s not often that I learn something new about trading…
But this week, I had the pleasure of learning about a premarket trading technique from one of the stock market’s last living legends.
It’s based around a pattern that flashes around 7 a.m. ET…
A pattern that often precedes the market’s most aggressive daily movers…
In fact, I found it so profound that I’m meeting with him in Jacksonville this Wednesday afternoon.
He promised to teach me how to trade this 7 a.m. pattern on a weekly basis…
Which is why I’m loading up my truck and heading north for the week…
If you’d like to tag along with me…