Dow Jones - Scalping and Trading

The Dow Jones had been trending up consistently on good news. It's becoming harder to see where the top is but that's not what I want to know. What I care is what trades had been done and how much losses you minimized while riding on good profits. So earlier just now, I received a message from my student whom I trained in the past where he showed me his Dow Jones trades last evening. It was impressive as it was all wins except 1 loss which was extremely accurate and precise. The Dow whipped up and down where yet it presented another trading opportunity to make $$. Using the techniques I taught in my course, he managed to make like $1000+ last evening zipping in/out on the volatile movements in the Dow. Although he might be busy and hasn't been coming for my private sharing, still I am content that he used my strategies to make good $$ in the Dow per night. Congrats! Study the profit taking and the distribution, it's the key to short the market.

Ronald K - A Game Changer

Micron Tech - Intraday Profits

Another good win in Micron Tech today as the stock gap up together with the Dow Jones moving higher with +330 points. Some good news between the US and China trade war talks and also optimism about the aversion of a shutdown. As usual, most blue chips were soaring where $$ was made by trading Micron Tech. $877 profits within 1 day is a good win since the stock formed some bullish patterns. Study the 5 minute chart, you will see many signs of bullish turning points. The volume came in and the buyers whacked up the shares yesterday after the market closed. Today was just a day to sell on the good news and lock in profits. I am moving to trade another counter soon.

Ronald K - A Game Changer

Micron Tech - Good Punting Profits

Impressive wins in the Dow Jones, Micron Tech and Amazon yesterday. The market tumbled down for 2 days and yes, it's a shorting game and I was glad profits were made again. This student of mine is another level because he really traded all the stocks I shared to his advantage by finding his own entry and exit points and made profits out of it.

Look at Micron, after so much profit taking, it was just ready to tank and combined with the gap down from top, it was all bearish signals for shorting. Amazon was worse because of the profit guidance announced last week and since it gap down, it had never recovered and slumber all the way down. The Dow was the easiest where I posted on my blog on the bearish signs as it reached a supply zone and sellers were looking to short sell and lock in profits at the top. See my before market tumble blog post below.

http://stockmarketmindgames.blogspot.com/2019/02/dow-jones-chart-is-bible.html

Congrats on the win again. Never fail to impress!

Ronald K - A Game Changer

Micron Tech - Profits Reaped

Profits reaped for Micron Tech. The stock just moved up with the overall chips sector and Micron just did an amazing 5% at opening. As for how I picked the stock yesterday, I shared with everyone who came yesterday on how I analyzed the chart to how I see the trend wall before deciding to take a long trade. Even so, the minute chart has all the beautiful chart setup like a flush and momentum which added extra confirmation to my homework before I did the LIVE Trading. Congrats all for the good 1 day win!

http://ronaldkstockmarket.blogspot.com/2019/01/micron-technology-pre-opening-with-111.html

Ronald K - A Game Changer

Micron Technology - Pre Opening with +$1.11 Gain

Longed Micron Tech yesterday when I was performing LIVE trading in the office. It was a small group of traders but that was enough for me to give them the right counter to make $

https://stockmarketmindgames.blogspot.com/2019/01/live-trading-with-ronald-k-us-stocks.html

Micron's pre market price as of now is +$1.11 because of European stock STMicro results beats estimate which send the stock up 10% earlier. It's a chaining effect for chips and soon when market open later, Micron would gap up and it's wise to lock in $. I will post the record up here later. Study the minute chart as highlighted and see how I picked micron yesterday with my group of traders!

Ronald K - A Game Changer

Wynn Resorts - Small Profits

I am pleased a Wynn Resort trade was done yesterday. I was in the office yesterday scanning and searching for good counters when I saw Wynn as a potential counter. Some dare not trade it while others took the chance to go for it and was rewarded. This student's trade was fast but nevertheless, it's still $$ in the pocket. There was some flushing action in the minute chart while the daily chart looks not bad. As the Dow Jones tanked -300 points, Wynn was holding and hanging strong where it did not tumble a lot and towards end of day, it reversed and closed nicely. Not sure how much more it can go but let's see. Congrats on your fast trade!

Ronald K - A Game Changer

Micron Technology - Short Covering Volume

I just received a trade record from my student where he made a small profits of $170 in Micron Tech. I know he's trading everyday to make it and he's putting in the hard work to make it possible. So far so good and he made 6 digits so far based on all the US stocks and Dow Jones he traded. Micron Tech, a stock I shorted last year June 2018 at $60 tanked all the way to a low of $26++ where I spotted the top and shorted together with all my students.

http://ronaldkstockmarket.blogspot.com/2018/06/iqiyi-micro-tech-profits-from-my-stocks.html

http://ronaldkstockmarket.blogspot.com/2018/06/live-dinner-session-with-ronald-k.html

Today the stock was down -17% from the high. It reached a demand area where short coverings were spotted and some form of buying were detected. It's not difficult to identify such stocks near bottom like when I spotted it at the top back in June 2018. Study the volume and you shall see heavy transactions combined with healthy steady buying. I am putting this counter in my watch list for a long trade soon. Congrats on your small win and see you in your big win very soon.

Ronald K - A Game Changer

Wynn Resorts - 2 Days CFD Trade

Wynn Resorts, Roku and the Dow Jones all moved almost in tandem. The regional market was pretty bullish today with the Dax up 2.05% while the FTSE up 1.84%. Everything looks bullish and even the HSI was up 335 points. We longed Wynn and Roku on Thursday and wanted to swing it up but suddenly, some strange happened, the Dow Jones and a severe reversal and forced us to get out of our long positions in the Dow, Wynn and Roku. At one glance, the Dow was poised to shoot up further and when it started to reverse, that's where we got out all of our holdings and locked in the profits. It's only a 2 day trading and to be trading small positions and making such good profits, it's something to look forward to everyday. Till the next stock. Who's next?

Ronald K - A Game Changer

Roku - Profits from Volume Reading

Roku, another stock which we traded where I studied the volume closely revealed a lot of useful yet bullish signals. The wall was nicely setup, the volume in the daily chart has an indication of sm coming in and more importantly, the chart has no profit taking. We also took a trade on this counter and profited as the stock was rising. I think I am beginning to get use to trading USA stocks and it's much easier than Singapore counters. Chart reading is important but knowing when the Big Boys comes in is even more important in find the right turning point. Congrats all!

Ronald K - A Game Changer