Halloween Day Trading Profits

Spooky trading today as is every Halloween. ProTrader both new and old have had a few scary days. In this episode I am aware of a few traders taking 100,000 to 500,000 share block trades of KHC (Heinz Company) at the open under $30.00 and sold towards $32.00 for a profit. Keep it profitable, ProTrader Mike P.S. Trick or Treat

IS IT IMPORTANT TO 📘 JOURNAL YOUR TRADES?

📘 “JOURNAL IT...Write everything down, it will only make you better.” – ProTrader Mike As a new student in MOJO University you will see how vitally important it is to journal and record keep all your trades. 90% of Students in class are new to trading and have not developed winning habits. All my students tell me for a fact that this advice has a lot of meaning, both in everyday and trading. All new students promise to take diligent notes on their trading, writing down when they bought a stock, what entry points, what profit targets and exit points, everything. Anything to do with the trade, traders must write that down. You supposed to record every trade both winners and losers and you sh

What is the FLOAT of a stock?

What is the Float of a stock, I get asked all the time? I'll show you by definition and example below. Read on... The amazing picks over the last 2 weeks in the Mojo Day Trading Chat Room keep adding up. Over the last week we hit the following trades... Here is a Free Invite to the Mojo Chat Room Please accept this FREE Invite = https://discord.gg/FNG4PT4 Friday, 10/18/2019 we hit $BNGO from $1.85 to $3.50 we hit $BIMI from $2.50 to $13.00 on 10/15 we hit $YUMA from $3.70 to $4.70 on 10/15 we hit $SES from $3.15 to $26.00 on 10/15 we hit $VIVE from $3.30 to $10.80 on 10/16 we hit $DTSS from $1.50 to $7.00 on 10/16 we hit $BNGO from $1.50 to $4.00 on 10/16 we hit $TOPS from $3.30 to $4.80 on

How To Spot Breakouts 🥜

How do you pick that one stock that just goes nuts? 🥜 The stock breaks out higher with huge green bullish candles. So, you quickly buy hoping to catch a piece of the move. You've heard of FOMO right? That means "Fear of Missing Out"... So you think to yourself… “The stock is so bullish; I’ll be able to trade it and make a profit.” And then, BOOM. It rips higher with even stronger bullish candles. So now the question is… How do you spot these breakouts BEFORE they happen? Well, here’s the truth…You can’t spot it pretty easy if you know what you're looking for. Here are a few examples of past recent winners that I picked for traders in Mojo chat room that showed 3 basic characteristics right

What's The Heinz Trade Play

These 2 past You tube shows explain it very well. 🌭 Hoooot For The Heinz 🌭 The MOJO Day Trading Show 🍟 Do You Heinz? Mojo Traders Do 🍟 The MOJO Day Trading Show

Commission-Free Trades: Top 5 Brokers

Read my last blog post... You'll get answers to these questions... Do you really think the firms aren't making money on your trades? They sell your orders, did you know that? Do you think you would win more if you went to Las Vegas and didn't tip the dealer? Imagine if you had a system for your trading so it made it almost impossible to lose money? Would you want that system? How much would you pay for that system? Click here to read that blog post Top 5 Brokers with $0 Zero Commissions Robinhood The first commission free broker allows you to Invest in stocks, ETFs, options, and cryptocurrencies, all commission-free, right from your phone or desktop. Charles Schwab Peter Crawford, Schwab’

Commission Free Brokers

Starting off 2019 Robinhood was the free commission firm. Then Interactive Brokers announced commission free trading. Now Charles Schwab and E-Trade have joined the band wagon. I need to warn all traders this is a trick by the firm to bait in the smaller inexperienced traders. Do you really think the firms aren't making money on your trades? They sell your orders, did you know that? Robinhood is selling order flow to high-frequency trading (HFT) firms for more than 10 times as much as it pays to other discount houses for the same service. The financial site's review of the broker's recent SEC filing discloses Citadel Securities, Apex Clearing Corp. and Virti Financial on a list of HFT firms

Survival Mode

How are you surviving in this market? As you can see, the DOW is getting absolutely crushed! Needless to say, many traders are losing their shirts and busting their accounts. Any rookie traders trying to enter this market without the proper education, tools, and resources is sure to lose. So, the question remains, how are you surviving? Are you turning a profit? Are you losing? Are you breaking even? Chances are, if you are not trading in the MOJO Day Trading Room, you are losing. So, what is your hedge? or your edge? Personally, my hedge, along with the MOJO Team’s, is $UVXY and Gold. This has allowed us to offset any potential losses and maintain our profitable positions. Take a look

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