Stock Market Trading And Analysis for 07/16/2008

The analysis worked extremely well once again and tonight we discuss important lessons on how to avoid losses as a trader or investor! Thisvideo series is geared towards Investors, Swing Traders, and ultimately Day Traders who want to be armed with key observations for the upcoming major market move that will be happening shortly! Remember: You will consistently hear me reference previous videos during my nightly presentation. That’s because each new video builds upon the last as we demonstrate real world trading and investment analysis. Take the time to review all of our videos to expand your market awareness! You’re welcome to subscribe to our videos to keep up to date on the latest market analysis and techniques. Over 700+ of your fellow traders have done just that. If you want to be armed with the same education as them, subscribe. Don’t worry, we in no way shape or form, spam our subscribers. You become like family to us! Important disclaimer and reminder for all Traders and Investors! These videos are for educational purposes only. Equities, Futures, Options, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Absolutely do not trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell equities, futures or options. No representation is being made that any account will or is

Related Blogs

25 thoughts on “Stock Market Trading And Analysis for 07/16/2008”

  1. Hey Tom!,

    No problem! Do me a favor and follow the same assignment I gave Boydio regarding answer #3!

    Regards and good trading!,

    SnP

  2. Actually I’ve been with you for months using my son’s account, just got around to making my own. Thanks again!

  3. Hi there SnP,

    Thanks for the quick reply, and your encouragement to start in this business in early time for the great learning experience!

    Looking at the post below from boydio, I have also tried to apply your method for the asx200, but I am not too sure whether I am on the right track!

    Just wonder if you may also provide a little bit of guidance over this issue?!

    Regards,
    tom

  4. Hi there Boydio!,

    Greetings to you in Australia as well! Here are some quick answers to your questions!

    #1. Yes, and I also have the “art” levels as well which are just my experience and I’m sure other advanced fund managers are seeing them as well.

    #2. Absolutely!

    #3. Tell you what, go back, watch my specific S&R videos, list out all the levels you think are valid on the ASX200, email me the chart, and I’ll guide you from there!

    Regards and continued good learning!

    SnP

  5. Hi there Tom!,

    Greetings to you in Australia and thank you so much for your great letter! I’m very glad you took the time to go through all of the videos to better yourself!

    I’m also very glad to see you’re here as a University Student! I was your age when I was really starting to go full speed at this, so college students and budding financial superstars are very welcome here!

    Regards and good trading!,

    SnP

  6. Hey SnP,
    You talk about how you use your 15 years of past trading experience to identify the levels of support and resistance. Obviously it shows…

    1) Are the levels you calculate identical to what the big boys use (like big fund managers, multi-national companies etc)?

    2) Can you use the principles in calculating these levels to individual stocks (eg yahoo)?

    3) I want to trade the ASX200 (in australia). so I would dearly love to know what levels to use so i can test myself.

  7. Hi there Kevin!,

    Thank you very much and greetings to you in the United Kingdom as always!

    Regards and good trading!,

    SnP

  8. Hi Adam!,

    Thank you very much for that rating and your comments! I also received your email so thank you for that as well!

    Real world application of indicators is definitely best seen in the video format! It’s extremely hard for most to understand concepts out of a textbook! That’s why I went with building a video course for real memory retention!

    The Dow futures are far less liquid for a guy like me who trades large size! OK for most people though!

    Regards and good trading!,

    SnP

  9. Hi there Vince!,

    First, thank you for a very nice note and sharing your success!

    Second, you raise a very good point, and it’s something I bring up in the videos every so often! From an Adult Learnng Theory perspective, watching the video at night, then returning the next morning and watching it again will greatly impact the learning retention process! I’m glad you’re doing it, and I hope others take it to heart as well!

    Regards and continued good trading!

    SnP

  10. Hi there Chris!,

    Thank you Chris! You’re another shining example of the great Canadians here! So many of you here and I think that’s great!

    It’s a daily toss up between you and our great friends in Australia as to which of you has more subscibers!

    Regards and good trading to you!,

    SnP

  11. Hey there Four!,

    How are you?!?! You are absolutely right! Mature (Not in age, just perceptions), patient, and technical are very important keys to success! Message me at the gmail account this morning as well, I want to share something with you!

    Regards and good trading!,

    SnP

  12. Hi SnP,

    I’d just like to thank you for your powerful analysis and advice! New to this, so went thru all your vids over the week, absolutely fantasic!

    As a uni student and a new trader, I think this is by far the best stuff around, and even better than school! Thanks lots for all your vids and efforts! Your levels are like magic!

    keep up the good work! Look forward for tmr’s vid!

    Regards,
    tom

  13. Hi there POS!,

    Thank you very much for a great letter and you illustrating sitting on your hands, and it’s benefits! I see you recently subscribed so thank you and I’m glad you’re here!

    Regards and good trading!,

    SnP

  14. Hi there Tony!,

    You are very welcome my friend! I hope you got the email back late last night!?!? Definitely check the posts for updated information, like that one we discussed off line that would have helped you!

    Once the official chatroom is up that will be an excellent forum/intraday resource for you as well!

    Regards and good trading!,

    SnP

  15. Hi SnP

    Another classic video, so much learning material in it.

    Thank you for all your efforts, I/we really appreciate it.

    Regards

    Kevin

  16. Hi SnP500Trader,

    Another 5 star video. It’s too bad it’s only ten minutes once a day. You mentioned a lot of technical tools I’ve read about. It’s great seeing how it works outside of a book.

    How does trading the e-mini compare to trading the mini dow? I agree with advice about chasing because I was guilty of that and bottom fishing and while it may work once and awhile it’s proven to be a sure fire way for me to lose money.

    Adam

  17. Hi snp!
    Great vids again! I watch ur video twice a day everyday. after the market is closed and before the market is open. in the last 20 days, i’ve had a winning streak making $200 – $500 per contract. my emotions r totally out. i still have difficulty in identifing reversal patterns.

    anxiously waiting for the mentoring vids and courses.

    thx again! U r greatly appreciated

    Vince

  18. Hey, SnP !! MY Buddy !!That is powerfull advice.I stress to My colleagues This Buissnes “DEMANDS” A Mature,Patient,Technical Approach. Because,Any-One can click that mouse and curse at the screen(until they run out of money). SnP, This Market is like sking the face at 9,000 ft.!!!GREAT TRADING TO YOU SnP !!!

  19. Awesome videos and great advice not to chase the trade, I used to do that quite often and have heeded your advice and literally sat on my hands. Thank you so much for your hard work and the great education, I can’t wait until you get your website going. Looking forward to learning more. Thanks!

  20. I signed up to MANY trading channels and I have unsubbed from all but you.

    You are, from all my research, the best on YouTube.

  21. Hi there SXT!,

    Thank you for that very strong endorsement of my viewpoint that traders and investors will be more educated for investing the time in the past videos!

    Regards and good trading!,

    SnP

  22. Thank you SnP for all that you do. Everyone here needs to go back and watch all of the videos at least once. And I will be checking your post very frequently to see what else I can learn. There are very valubale lessons in the post we just have to read them. Thank you very much SnP Tony

  23. Hi there Steve!,

    Thank you very much! It was another great day!

    To your question… We could get some minor support at 1188. However, it won’t prohibit me from entering trades or significantly affect my exit strategy!

    Regards and good trading as always!

    SnP

Leave a Reply

Your email address will not be published. Required fields are marked *