Stock Trading Pro

What if you could learn trading, with lower risk, faster account growth and with much less stress? Well it's possible, and you can do it even with a small account.

It's not only possible but it's just smart.

When I started trading in 2000 I was taught to find a good trade and get size. "It's better to have one big position…"

I believed it, the guy sounded smart and he was persuasive. It's bullshit. Here's why-

Trading is about probabilities, not whale hunting. Sure it sounds great to hit a big trade, and then brag about it. The problem with this advice is risk and sample size.

You are accepting incredible risk on a one-shot trade. This guys focus was on the profit side, and how much we could potentially earn if that one trade worked out. It was basically all-in.

A huge problem with this concept, especially for new traders, is that you don't have enough experience to make that decision.

In today's episode we explain how to get control of your trading and let your edge do the heavy lifting. We also break down sector rotation with a few new ideas.

Pete Renzulli | Stock Trading Pro https://stocktradingpro.com/invite

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

Today's topic is easily one of the biggest trading mistakes holding you back from seeing your trading account move higher month after month.

Once you understand this aspect of trading everything changes. It's about risk.

Inexperienced traders mistakenly believe that risk is about volatility. It's not. Risk is not simply about how fast or how much a stock moves.

Risk is a measure of the probability of profit. Volatility is simply the speed of that probability.

And the mistake traders make is believing that risk and volatility are the same thing. The critical error this leads to is incorrect position sizing.

This topic has multiple implications but today we're going to tackle the most actionable.

Get the full edition of the Daily Ticker and stocks mentioned: https://stocktradingpro.com/podcast-the-daily-ticker-ep7-risk-volatility-and-sector-rotation/

Sectors Reviewed: Technology, healthcare, financials and basic materials.

All ideas are for educational purposes. It's up to each individual to make their own decisions.

Pete Renzulli | Stock Trading Pro https://stocktradingpro.com/invite

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

Today's episode of The Daily Ticker Podcast welcomes David Trainer of New Constructs to bring a deeper analytical look at stocks and a longer term view of the markets.

David also discusses the major difference between "economic earnings" and the typical GAAP earnings that most investors are seduced into and the expensive problem it creates.

Episode Topics:

• Sector rotation: Out of tech and into healthcare.
• Macro trends at S&P 500 and sector breakdowns.
• David's take on Financial contagion. Is it over? Will this lead to a credit crunch?
• Bank earnings coming up. Any solid companies to like and why?
• Tesla reported solid delivery numbers but lowered prices, typically not a good sign for margins. The market seems to not like the news.
• A review of Tesla's stock price and what it implies about future growth.
• David looks at the financials of two other auto manufacturer stocks that look interesting, and possibly undervalued.

New Constructs https://www.newconstructs.com/

"Core Earnings contains information about future performance that is incremental to Street Earnings." HBS & MIT Sloan professors

Episode Downloads 1. Tesla Update: How This Stock's Outrageous Valuation Could Destroy All Zombie Stocks https://www.newconstructs.com/wp-content/uploads/2023/04/TeslaUpdate_2022_14_2022-1.pdf

2. Latest report on JPMorgan https://www.newconstructs.com/wp-content/uploads/2023/04/LongIdea_UpdateJPM.pdf

3. Macro Research: Economic Earnings vs GAAP Earnings Across the Entire Market & All Sectors https://www.newconstructs.com/wp-content/uploads/2023/04/NC2000_SectorEconomicEarningsVsGAAPEarnings4Q22.pdf

4. Macro Research: Price vs Economic Book Value Trends for the S&P 500 and All Sectors

https://www.newconstructs.com/wp-content/uploads/2023/04/SP500_SectorPEBVEconomicBookValue_4Q22.pdf

Society of Intelligent Investors https://www.newconstructs.com/society/

Pete Renzulli | Stock Trading Pro

https://stocktradingpro.com/invite

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

Welcome to a new episode of The Daily Ticker...

On today's podcast we're going to discuss how to have the most shares on the best trades. Seems like we always have the fewest shares on the winners, and the biggest position on the losers.

Today we're going to fix that with a time-tested process that all of the great stock traders have used.

We'll dive deeper into capital allocation and what to do when your stock is stuck, profitable but not moving. And whether or not you should exit the trade for a new one. I think my answer might surprise you.

Also, how to trust your edge and why trading more often is actually a good thing. And how it can speed up your success and your ability to make better decisions.

And to finish up I'll answer the most popular question from new members, "How come I can't get profitable when I know everything about reading charts?" (Hint: Chart reading is not trading)

Enjoy this 12 minute segment from a recent coaching call from our private community.

Pete Renzulli | Stock Trading Pro

Get my trading system and trade with me. https://stocktradingpro.com/invite

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

In today's episode of The Daily Ticker we break down new stock picks for the coming week and review some key questions before you allocate capital to fresh ideas.

Has the technology sector reached the peak of it's earnings potential?

Is there a better place to be looking for higher probability trades? (Yes! We have two sectors you should add to your watchlist)

Is the worst of the financial contagion behind us? And will the banks reporting earnings on Friday beat lowered expectations or is this the start of the heavily touted recession?

Pete Renzulli | Stock Trading Pro

// Trade WIth Pete: https://stocktradingpro.com/invite

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

Making the big bucks in trading stocks isn't hard. It's actually easy.

The problem is keeping it.

I'm going to assume you have an edge. A method that gives you high probability trades. Always remember, the real risk in the trade is the quality of the idea.

There's a few ways we can fix this nagging (and all-too common) problem. The first and most obvious way is to lose less. Rocket science right. But here's the deal, most traders, especially those struggling are the masters of illusion.

We can instantly block out the big losers. We pretend they don't exist.

So losing less moves you closer to break even. Not bad but not the goal.

Nice, but not the solution to the real problem.

So what's the real problem? It's your winning trades. You're not making enough on your winning trades. Now that you have great discipline on the losers, you need to develop that same habit on the profitable trades. You need a system, a structured process for holding the winners.

Obviously we have one, it's called the profit maximizer.

Pete Renzulli | Stock Trading Pro

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

In today's episode of The Daily Ticker we discuss the last seven months of bullish sector rotation and the three sectors we're tracking with new buying interest. The bullish baton keeps getting passed to new sectors and we'll be there to keep you in sync with the order flow.

We break down how one of our favorite market internals, the advance/decline told us the recent bullish run in the stock market was out of gas.

Speaking of gas, we also outline the key levels in crude oil that we're watching for a potential breakout in energy stocks after the OPEC announcement this week.

And we finish up with key levels in the VIX that would make us want to hold swing trades longer.

Pete Renzulli | Stock Trading Pro

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

The stock market has a barrage of bearish headlines from inflation, to financial contagion and even stagflation. But stocks continue to move higher, And now we see the buying pressure across multiple sectors giving technology some help doing the heavy lifting.

So that brings up the question: Has the stock market bottomed and is the bear market over?

Pete Renzulli | Stock Trading Pro

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/