by Mark Croock | Jun 6, 2023 | Charts
One of the most valuable skills a trader can strive towards is the ability to nail both the upside and the downside of a chart. I hear some traders say they ‘only buy puts on this stock’ or ‘only buy calls on that stock’ … but this is a dead wrong approach. You’ve...
by Mark Croock | Apr 25, 2023 | Charts
If you’ve been following my trading for a while, you’ll know that my bread-and-butter trades involve shorting overextended momentum stocks… To me, there’s no better risk/reward in the options market than buying puts when charts get overheated, overcrowded, and...
by Mark Croock | Apr 6, 2023 | Charts
If your goal is to be a successful options trader, your ability to identify excellent setups will be crucial to your journey. But there’s a certain mystery to this … How exactly do great traders know which charts to trade, and which to leave alone? When I was first...
by Mark Croock | Apr 3, 2023 | Charts
If I had to pick one thing that separates me from the vast majority of failed traders… I’d say it’s my ability to predict future price action by analyzing a chart. Believe me, without technical analysis, I wouldn’t be able to trade as confidently as I do. Nor would I...
by Mark Croock | Sep 22, 2022 | Charts
After yesterday’s Fed decision to hike interest rates another 75 basis points, I planned to sit on the sidelines until a clear market trend emerged. But my game plan was interrupted when a five-star setup on Tesla Inc. (NASDAQ: TSLA) appeared right before my eyes. I...
by Mark Croock | Sep 8, 2022 | Charts
After surging over the last two months from a low of $365 to a high of $429, the S&P 500 ETF Trust (NYSEARCA: SPY) is starting to reverse back to the downside. I’m thinking now’s the time for Evolvers to capitalize on the end of the bear market rally. That said,...