What are /r/SwingTradingTA's favorite Products & Services?

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New stuff is risky, 97. Have to subtract my risk premium. But it is heavily oversold right now.

https://ir.upstart.com/investor-relations

https://wallmine.com/nasdaq/upst/insider-trading bet there're pissed. One of them sold a million shares for $18.

Thanks the tip, and good luck

If you do shorts FSLY It's new highs can't even match the previous cycle's lows, which is below the little line it put in March and April. And then there is this https://wallmine.com/nyse/fsly/insider-trading

If you like nice calm watching paint dry kind of trades, those are the best ones.

NA (tsx) and CWB (tsx)

If you do commodities the lumber and gold pair are active now. It's an old reliable trick I was taught along time ago. It looks like it's the belly of the trade right now.

Disclaimer: Everything is always proceed at your own risk with your own decisions. And I am on vacation from the markets for the summer so I don't own any of this and don't plan on trading it.

How mobile is mobile? We talking Geo Metro, or an RV, or a Cessna 150, or a sail boat? Or perhaps jet-setting and hotel rooms (in which case space is less important than portability)?

Put better: Do you have access to 120v AC? Do you have adequate space such that, when you're doing trading stuff, you can set up and do trading stuff, but not so much that the setup can remain fixed in place - or is space so lacking that a laptop is the best you can manage?

If you have some space, like a little table or something, here's what I'm thinking: https://www.amazon.com/ASUS-ZenScreen-MB16ACE-Portable-External/dp/B081SGZX1X/

I've never used anything like it, but, frankly, it looks like it would work great as a secondary monitor (assuming screen real estate is a concern). I'm not entirely unconvinced you couldn't buy two of them and end up with a triple-screen setup.

My point is, if you go and try to buy the laptop with the biggest screen on the market, you're gonna pay a premium - it might be more cost effective (and, in some ways, generally more efficient) to buy a more standard laptop and extend its screen when needed with devices like this.

As for a specific laptop? No clue. I sit in my sim-racing rig to trade, which is about the least-comfortable way to do it (eBay racing seats have no lumbar support whatsoever), but it's a decent beast of a machine

Got a new one for you that I started and following on another thread as well as a guy goes through it chapter by chapter.

Technical analysis of the financial markets by John J Murphy. https://www.amazon.com/Technical-Analysis-Financial-Markets-Comprehensive/dp/0735200661

A complete must read in my opinion as it is a classic.

It signifies risk. If my system dictates that I should buy a stock at, say, 26.47 and I decide to place my Stop-Loss at, say, 25.69, I'd have an R value of 0.78.

This R value is extremely useful for several calculations

I might want to buy a certain number of shares such that I'm risking 1% of my portfolio with the trade, so if my portfolio is, say, $250 (and thus, 1% is $2.50), I'd want to buy ~3 shares (3 x 0.78 = 2.37 so just below 1%)

I might want to devise a system that bases a Take-Profit level based on the R - my system might dictate that I take profit at 3R, so I might sell stocks, regardless of indicators, sentiment, emotion, whatever, for a profit at 28.84 (26.47 + 2.37 = 28.84). By doing this, coupled with tying the shares to the R value, I can essentially remain break-even so long as 33% of my plays win, regardless of the price of an individual share of a stock.

And, finally, I can humblebrag online about how much R I made without concerning the crowd with how much (or how little) money is in my portfolio, because the focus is on the system and whether or not it is working.

So, to cut a long story short, I sold half of my position at the price point that is 2.3R above where I bought it, which is, ofc, 1R above my SL (by definition) - since I sold half of the position, I technically made a 1.15R profit, which, even if I had left my SL where it was (which I didn't, I moved it up past my buy price at this point), would have guaranteed that, overall, the trade would be profitable (because I never lower my stop-loss once it is set).

If you're looking for some light reading, here's a $10 book we're all pretty wild about around here. It's not perfect, and it isn't comprehensive, but it'll get you going in the right direction if you're serious about this: https://www.amazon.com/Swing-Into-Trading-Pullbacks-Average-ebook/dp/B07GSK3L58