As someone who has built a successful trading career using robust charting platforms across multiple monitors to see the market from every possible angle, what I am about to share won’t affect me too much.
Now, I don’t know if you’re aware of this but more people place trades from their phones these days than from a PC.
Actually, TONS of our members do use this method of trading.
That’s why I wanted to share the news with you.
Headlines like this have been showing up across news outlets in recent days:
The freedom to be able to trade from anywhere with a mobile device is one of the great innovations in our industry.
In all honesty, though, you simply do not have the same horsepower at your disposal when trying to find ideas from a mobile device as you do from your desktop.
You know what I mean, right?
In a volatile market like this, you can’t simply look at the free “most active” lists and blindly enter a trade, especially if you are trading options.
You have to:
- Determine the underlying implied volatility
- Identify if the stock is leading or lagging the market
- Identify if the stock is in a sector that is leading or lagging
- Find where the stock is in relation to major support or resistance
- Figure out if technicals are setting up in a manner that will cause the stock to move or if the stock is just going to sit in a range
- Understand the recent news cycle to determine potential catalysts
This is the kind of process a Master Trader like me goes through with every idea I think is worthy of being sent to members via RagingBull’s state of the art app.
Alerts will be sent through email and the RagingBull app, which is another amazing tool you should make SURE to put in your toolbox. — Follow these instructions on how to download and use the app.
Just scan using your phone camera, or CLICK HERE from your smartphone
Password: (The one chosen at the checkout)
Now, I took this next screenshot as I began preparing this article at around 10:30 on Friday morning.
Needless to say, we get up early to get you ready for the trading day, and those alerts come like a FREIGHT TRAIN once they start!
You’ll never be without access to timely, ACTIONABLE commentary again, but only if you act on this limited time offer.
To YOUR SUCCESS!
Image and article originally from ragingbull.com. Read the original article here.