$amzn finally gave a better way to trade around it.

Moving average signals 101:

A lesson in my Day Count Rules as I did give the play by play since last week. My process repeats itself thru time! $spcx #learn

How do you know when to sell? Here are 4 different sell rules 👇 1️⃣ Sell strength Don't wait for the top. When a stock is running in your favor, take some off into the move. 2️⃣ Sell when it doesn't hold above a prior high If a stock pushes through the old high and then slips back under it, the buyers didn't follow through. That's your cue to reduce. 3️⃣ Sell when it goes red A trade that was working and flips from green to red is telling you something. Don't let a winner turn into a loser while you hope it comes back. 4️⃣ Sell when the trade really changes and gets below a prior day's low The prior day's low is the line in the sand. Once price breaks below it, the character of the trade has changed. Respect it and step aside. You don't need one perfect exit. You need rules you set before you're in the trade. Want more from Scott? Catch his RebelCon appearance here 👉 t3live.com/rebel

22 Trading Rules You Need to Know 1. Ignore Opinions - Price Action Tells You What Matters 2. When the $SPX is above the 8 & 21 day moving averages, be long leading stocks in leading sectors 3. Get Tactical When SPX Breaks the 8 & 21 Day 4. Don’t Hold Stocks Under the 200 Day as Swing Longs 5. Use a Tier System to Scale In and Out of Positions 6. Focus on a Small Number of Stocks You Know Well 7. Take Notice of Stocks That Hold Post-Earnings Gaps 8. Never Short a Growth Stock on Valuation 9. Never Short an Index on a Macro Prediction 10. Only Short When the Price Action Indicates a Drop 11. Don’t Bet on Takeovers or Short Squeezes 12. Only Take Options Into Earnings, Never Stocks 13. Use Post-Earnings Highs/Lows to Find Key Levels 14. Use Day 1 Highs/Lows in IPOs to See FOMO & Fear 15. Don’t Stop Out Based on P&L or Percentages 16. Stop Out When the Trade Changes 17. Turn Losing Trades Into Lessons Learned 18. Let the Trend Be Your Friend Until It Turns on You 19. Hold More Cash in Choppier Tapes 20. Watch the Reaction to News, Not the News Itself 21. Never Revenge Trade - Accept What’s Done Is Done 22. There Is Always a New Setup Around the Corner If you agree with my philosophy, you'll love this: t3live.com/ma-ebook-tw-scott

How 50-Day Moving Average Can Identify Buy Sell Signals.