Can scalping make money for retail traders?
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10/06/21 10:53
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By tradinglounge · Posted
Stock Market Daily Report: SP500, AAPL, TSLA, AMZN, NVDA, MSFT, META, NFLX, GOOGL, BAC Stock Market Content: SP500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL and Bank of America BAC. Stock Market Summary: Day Traders stay long and Positions traders - we will be looking for the short trade set ups later in the week once I can confirm the top Elliott Wave Analysis: Waves fours and fives to top around Wed when the FOMC Feds Funds Rate Trading Strategies: Day traders can continue to trade higher Video Chapters 00:00 SP500 / NASDAQ 100 10:19 Apple (AAPL) 15:17 Amazon (AMZN) 19:23 NVIDIA (NVDA) 25:29 Meta Platforms (META) 30:46 Netflix (NFLX) 31:48 Enphase (ENPH) 36:30 Alphabet (GOOGL) 38:01 Microsoft (MSFT) 39:03 Berkshire Hathaway (BRK.B) 42:12 Tesla (TSLA) 44:18 Block Inc. (SQ) 46:48 Bank of America BAC 52:16 Thanks for supporting Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com Level Up - Test the Trial Service! -
By DominicWalsh · Posted
Dow Jones Index (#US30): Key Levels to Watch This Week Here is my latest structure analysis and key levels to watch this week on ⚠️Dow Jones. Support 1: 31420 - 31830 area Support 2: 30690 - 30900 area Support 3: 30070 - 30360 area Resistance 1: 32250 - 32610 area Resistance 2: 33430 - 33660 area The market is currently stuck between Support 1 & Support 2. The market participants are awaiting the interest rate decision on Wednesday. It will most likely clarify the future direction of the market with a breakout. Consider the underlined structures for pullback/breakout trading. -
I used to enjoy playing poker and blackjack at casinos, but my love for gambling turned into an addiction when I started losing more often than winning. It took hitting rock bottom for me to seek help and change my habits. I joined a support group and worked with a therapist to develop healthier habits. Now, I still go to casinos, but I do so with caution and moderation, setting strict limits and avoiding addictive games. I've learned to control my impulses and make smarter decisions when it comes to my finances.
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