Day Trading Education & Training - I ONLY Focus on These 2 Things In Trading

SMB's new scalping radar: http://tinyurl.com/2s386vdp Mentor with Justin: https://www.smbtraining.com/blog/smb-fast-track #tradingtips #tradingstrategy #daytrading In this video SMB Trader Justin reveals the 2 things he focuses on for making profitable trades. They are Catalyst and Setup. Types of Catalysts: 1. An Unusually Good Earnings Report: Can trigger significant price movements. 2. Better or Worse Than Expected Guidance update: Acts as a beacon for bullish runs. 3. A New Product Announcement: Creates buzz and draws traders. 4. Move Into a Hot New Sector: Can lead to increased buying pressure. 5. Collaboration with an Established Company: Boosts credibility and stock price. 6. Favorable Government Regulatory Announcement: Impacts entire sectors significantly. 7. New Large Contract: Can bring in momentum. 8. Cost Cuts: Immediate positive impact on the bottom line. 9. Analyst Upgrades: Sparks buying interest. 10. Macroeconomic News: Influences the broader market. 11. Management Changes: Signals strategic shifts. 12. Dividend Announcements: Attracts income-seeking investors. 13. Significant Legal or Patent Developments. 14. Major Shareholder Changes. 15. Breakthrough Research or Clinical Trial Results. 16. Merger and Acquisition News. 17. Company Restructuring Announcements: Announcements of major restructuring like spin-offs can revalue stocks, as markets anticipate improved focus and profitability. 18. Insider Buying Activity: Insider buying signals confidence in the company's prospects, often encouraging a positive response in stock prices. 19. Technical Analysis Catalyst: Such as a stock that's overextended to the upside or downside or a HTF base breakout is a catalyst in and of itself. 20. And Finally - a technical analysis catalyst such as a stock that's overextended to the upside or downside or a HTF base breakout is a catalyst in and of itself. Types of Setups: - Back-through open: Ideal for both bullish and bearish moves. - Opening range breaks: Indicates range expansion with RVOL. Excellent strategy when paired with a catalyst and a tight range off the open. - Mean reversion: Great for over-extended stocks that fail from recent resistance levels (and vice versa for the long side). - Consolidation breaks: Look for consolidation breakouts/breakdowns for a continuation in the direction of the trend. - FRD (First red day): Targets over-extended stocks for shorting the break of the prior close after a big run up. - VWAP Continuation: Capitalizes on strong trends after a healthy pullback to VWAP. - Blowoff Tops/Capitulation Bottoms: Help execute mean reversion ideas. - Gap&Go: Opening drive after a gap up to a key resistance level on positive news. - Gap Give and Go: Similar to Gap&Go, but includes a pullback into a key level before the run. 00:00 - Justin's Career Made With These 2 Things 01:09 - First Thing 03:08 - Second Thing 05:22 - Bar By Bar Trade Examples *SMB Disclosures* https://www.smbtraining.com/blog/smb-disclosures