Double Inside Day - NVDA Can't Rally | When The Market Rests You Rest | Trading For Beginners
Channel: AccessATrader
Date: 2024-04-08

--When The Market Rests...You Rest. That was the theme today. With the $QQQs having a double inside day from last week's move, there wasn't much going on today.

But that is ok, because while we sit in the middle of the channel we also have a better view to see how things can/will play out.

A perfect is example is $NVDA that while it can make a run to $1000 it absolutely has the possibility of breaking the lower channel and heading south.

The big news is that we live to trade another day.

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Dan is a proud father of 2 and creator of the simple and highly effective PS60 Trading Process. He shares his 20+ years of trading experience every day with those who are eager to become successful traders.

Dan has been in the trading world since 1998. He started his career at Generic Trading in NYC as one of the early members of the top prop trading desks led by his mentor and late friend – the great Mayer Offman. He ran his first office for Generic Trading in 2001. Through this experience, he realized the importance of risk management while running a group of traders. Generic was eventually sold to the Royal Bank of Canada. Years later, he led another trading group desk at Assent that was sold to Sunguard.

Dan has traded through the Dot Com era, 9/11, and the mortgage bubble. He has traded along side some of the top prop traders during his career and made lifelong friendships. All the experience and screen time led him to start Access A Trader in 2010.

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