Big Win, Big Mistake - Trader Shares All

2021-04-09

In all aspects of life people love to talk about the good things — a promotion, children becoming champions or scholars, big profits in a wild run of the market.

But who wants to talk about the failures?

Well, we talk about the bad, the good, the wins, and the losses every day at Simpler Trading in our online trading chat rooms.

Why? Because that’s trading — sharing, evaluating, adjusting, planning, and executing. Win or lose we’re in the mix of the market action.

And we’ll shout what we know from the town square (figuratively speaking — pandemic restrictions and all, you know?).

Sam Shames, Director of Equities, is stepping up to the public mic once again during a Facebook Live segment to bare all (related to trading). Catch him in action Monday, April 12, at 4 p.m. Central.

Sam will cover a big win and a big mistake he made this year — and both came from the same ticker.

This is a tantalizing recap of real market action where Sam shares details of a major rally in semiconductor stocks for a profit and the flip side of trading where he tried to “trade around the signal” instead of understanding the marketwide factors that chalked one up in the loss column.

Sam doesn't hold back on any aspect of his trading, so be sure to join him and our community of traders — live on Monday at 4 p.m. Central.

We Saw: Higher highs in key indexes — 

  • Dow moved solidly above 33,000
  • S&P 500 surged to above 4,100
  • Nasdaq gains lifted it from correction

We’re Watching: Will the marketwide surge hold through the weekend? —

  • Avoiding temptation to short with market in tough range
  • Daily squeezes that are firing across time frames
  • Setups in: SPX, AAPL, QQQ, SI, LULU