Real Life Stock Review October 29, 2018

690 views · Published 29 October 2018 · 18:09 · Indexed 22 October 2026

Channel: Real Life Trading · 2018 · Education

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WOW TOWN. What a 'fade' today in the markets. I do have a superb video on FADES. Here is it in case you want a refresher.​​​ 

I discuss the fade play I did with the QQQ along with a bullish daytrade on AMZN (which didn't work out) because I was TOO 'paytient' on this one. I turned a 1R gain into a 1R loss (honestly, JUST to see if the market was strong). Well, it's not. With AMZN closing below it's previous candle from Friday, this says to me, we still have lower lows lingering in the markets. I also got stopped out of a PYPL bullish swing we played last week. All in all, brings me to 2.25R for the month of October. A slow month without question. Excited to see if and when we get any bounces out there, because the daytrading has been paying for the swingtrading habit this month. HAHA. That happens sometimes in these choppy markets. As a good friend of mine Brian W said today, "Paytient, vigilant, prepared, bold, decisive, confident, nimble, humble and disciplined equals $$$$"".

Let's do this team. YOU ROCK​

~Jerremy Alexander Newsome
 “A kind gesture can reach a wound that only compassion can heal.” — Steve Maraboli, Life, the Truth, and Being Free

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