Tag: #stoicalphas

FORTNITE WEEK 4 HIDDEN TREASURE LOCATION – FORTNITE WEEK 4 CHALLENGES, FORTNITE SQUADS GAMEPLAY

https://youtu.be/HMfDGK3bDgY

In this video, I review the FORTNITE WEEK 4 HIDDEN TREASURE LOCATION AND ALL FORTNITE WEEK 4 CHALLENGES.
Watch roughly the first 6 mins to get the map overview and gameplay of me finding the treasure.
There is also Fortnite squads gameplay in this video, very fun stream!!

“I KNOW that I DON’T KNOW”

https://youtu.be/uuzIWrQ0dlA

Self-Improvement series: Episode 1 – Approach every human interaction with the intent to learn something and be a good listener. If you are willing to learn and ask questions, you will be on the path to self-improvement.

Self-Improvement Episode 2

About Me Vid

S&P 500 Closes Above 2800 for First Time Since FEB

The SPX closed slightly above 2800 on Friday for the first time since 2/1/18.

Year over year (y/y) or since 7/14/17 –  the SPX is up 14.38%

Year to date (YTD) – SPX is up 4.78%

SPX has been range bound since FEB and is pushing towards the top of its range for a potential test/breakout of the January high (2872.87)

 

Stock Market 101

One of the first things I see newer traders struggling with and wondering about is how to trade the stock market like a professional. To trade the stock market like a pro there is one important concept market participants must understand. This concept is critical to people’s success and can lead to devastating failures if not followed. To trade the stock market like a pro, market participants need to first focus on analyzing the overall market, not stocks.

TRADE THE MARKET, NOT STOCKS!

What I mean by trade the market not stocks is that everybody should start their analysis with the big indexes and sectors, then structure their outlook on stocks accordingly. To trade the stock market like a professional, all market players need to be aware of critical price points on the S&P 500 (SPX). Most stocks are highly correlated to the SPX.

A COMMON MISTAKE IS TRADING A STOCK BEFORE BEING AWARE OF THE OVERALL MARKET TREND.

Trading against the overall trend of the market is something newer traders need to avoid. Initially, traders should focus on identifying the primary trend of the market. An attractive trade setup for a stock is a setup allowing an entry on a minor pullback against the primary trend of the market.

WHAT IS THE S&P 500?

The S&P 500 (SPX) is made up of the top 505 companies in the U.S. that are publicly traded, with market capitalizations (total size) of $2.53 billion or more. These 505 companies make up 80% of the U.S. stock market’s size.

The top 10 companies within the SPX make up 18.2% of the total index.

When beginning traders ask me how to trade the stock market like a professional, I always point them in the direction of seeing the entire market before focusing on individual stocks. The S&P 500 (SPX) is consistently on every professional’s radar.

ALL PARTICIPANTS NEED TO ASK THEMSELVES THE FOLLOWING QUESTIONS:

Where is critical support/resistance on the SPX? Where is SPX price relative to the 50 day simple moving average (SMA) and 200 SMA? Is the 50 SMA above the 200 SMA or below? Is the distance between the two expanding or shrinking? These are all important things participants should be asking themselves to begin seeing the market through the professional’s lens.

Using daily/weekly/monthly candlestick charts is an efficient way to analyze the stock market.

If there is one mantra a beginner must be aware of to know how to trade the stock market like a professional it is:

TRADE THE MARKET, NOT STOCKS!