In this video I develop a trading plan based on a common misconception that occurs during earnings season. I also discuss how a trading opportunity that I wasn’t able to fully capitalize on the prior day impacted the execution of today’s plan. The two stocks discussed in the video QCOM and EBAY are both very liquid, which makes it easier to control your risk, and therefore are good intraday trading stocks when they have a fresh news’ catalyst.
Here is our discussion from the pre-market meeting to give you more context for the trade as well.
*no relevant positions
(edited)
The post How to Use Misleading News Headlines to Gain a Trading Advantage appeared first on SMB Training Blog.