Friday, August 16th
Last Updated (after the market close)

Scroll down to view recent chart updates.  To enhance double click/tap these charts.

Are you on the go?    Trading with a smaller account?    Want to perhaps trade less actively, without comprising profitability?

My Private Twitter Feed can help. Use it along with my alerts/updates to narrow your focus more on positions that I’m more (consistently) focused on. You’re not only most likely to increase your probability of success on the trades you take but often times get the better percentage gain.  See more on this here.

That said, live chat certainly does have it’s advantages where you’ll see and hear me guide you through these trades in detail, step by step during market hours for you to better know which stocks that I believe are most likely to outperform. And I’ll often will be giving you multiple opportunities to position in the stocks I expect to perform best, before the breakout!  Upgrade to join us in chat now.

Current Open Positions  YY,CHWY,SQ,MTCH,TTWO,PINS,RH  (long)  UVXY (short)  << Click to bring up charts.
re: Earnings  It’s important to understand that though I do my utmost to confirm dates and times of upcoming earnings on positions, that these do at times get changed and therefore beyond my control. You should always do your own due diligence, to better assure that you’ll be able to exit prior to such events to help assure more profits.

PDD Earnings expected on August 21st (before the open) I think it prudent to assure profits prior to this event.

Swing Trade Positions (open/closed)  See more details like buy/sell points on stocks recently alerted.


Heads UP  Stocks to watch  Stocks that you may want on your watch list today. These are not stock alerts but rather setups I like that could potentially be setting up to move higher soon. Updated every trading day, prior to the market open. 

Potential shorts  Stocks that you may want to have on your watch list today as potential short setups.

Significant indexes  A variety of indicators to better help keep perspective of overall market conditions.


Some emails in from members.

This just received on February 4th, 2019!
I want to take a minute and share what a huge help Scott has been for me. My account value is at an all time high since I joined in October 2018. Throughout this difficult period on the market, my profit this week alone is up an additional 10%.  Besides his alerts, including calling the market bottom in Dec.,2018, he has showed me his techniques for taking profits, finding entry points and so much more. Thank you Scott for all you have taught me. If you are new and you need help, this is the best place to start.

Arthur S.

___________________

Hey Scott,

After going through a few other chat rooms, I decided to rejoin LiveTradePro. You have the best stock chat that I’ve experienced out of all of them by far– not only are you particularly knowledgeable, you also make the experience very relatable to the common person which, I’ll have you know, is rare in the other rooms. I’ll be sticking with my subscription this time around well into the foreseeable future.

Thanks, I’m looking forward to trading with the room again.

Ryan

 


For a clearer (larger) view on annotated charts below, double click / tap to enlarge


Stocks to Watch

YY August 19th, 2019


PINS August 16th, 2019


MTCH August 16th, 2019 Chart update


YY August 16th, 2019 Stock To Watch

Near it’s 5 year low and potential support above $50.00  Higher risk but liking this move today just above this (green line) key pivot point


TTWO August 26th, 2019

TTWO August 19th, 2019 Chart update 

Setup confirming nicely. Expecting higher


SQ August 15th, 2019

SQ August 16th, 2019 Chart update


DJIA August 15th, 2019


RH August 15th, 2019


GDX August 15th, 2019


MTCH August 14th, 2019

MTCH August 14th, 2019 Chart update

Confirming signal nicely, just above intial point of resistance.


IMPORTANT

Understand though I do my utmost to update this website in a timely manner, the best, most timely updates are through the alerts/update sent directly to you.
If you haven’t yet done so, be sure to read one of my stock alerts sent via email in its entirety for maximum clarity and to be best prepared no matter what the direction is after the stock is alerted.

If a stock that’s been alerted is not listed on this page, it’s been omitted (closed) because it’s been suggested to help keep risk to a minimum as outlined per each alert (at times in live chat)
For more information see my trade alert guide

How to reduce risk …and increase your confidence.  One of the best ways I know of to reduce risk without getting stopped out multiple time in a volatile stock/market is to reduce your size.  Try buying in small portions and add when (if) you’re seeing better confirmation, either on a pull back and/or possibly if it then confirms higher with a potential breakout signal.

You can increase your level of confidence because you’ve lessened your level of risk.  For example, let’s say you typically put in 10K on a stock with 1.5% risk.  Now say you put in 1/2 that amount or 5K.  This can put you in a position where you now have more wiggle room, say 3.0% (versus 1.5%) without risking any more actual dollar amount.  So now you’ll be less likely to get shaken out of a good setup based only on the short term action, provided the overall trend of course in intact.

Important:  This is not a suggestion to hold stocks that are technically broken (questionable) and/or to not use stops!   More trade strategies