Pro Trader Chatter

  • December 13, 2017 3:30pm
    $SQ breaks the daily 50 moving average. Stock is likely headed sub $30. Daily 200 moving average is $26.50ish.
  • December 1, 2017 10:04am
    3rd day in a row $NVDA is hammering on the daily 50 moving average. If it gives way, NVDA has no support until $170.00.
  • November 17, 2017 10:55am
    $MA reversing yesterday's gains. Add the bear flag on the daily and its a recipe for downside. #Short
  • November 7, 2017 11:27am
    Did Kevin Spacey start the demise of $NFLX? Stock rolling over, bear flag playing out on daily chart.
  • November 1, 2017 1:38pm
    Semi's major reversal today. Many charts like $LRCX have a monster engulfing candle.
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by Pro Trader Gareth Soloway

Gareth Soloway, Pro Trader
Live: 15 Open Positions
See Profit/Loss Of These
3 Mo Return
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Net percentage (%) gain/loss of my portfolio in the last 3 months, taking into account position size of each trade.


9.09 %
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6 Mo Return
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Net percentage (%) gain/loss of my portfolio in the last 6 months, taking into account position size of each trade.


16.44 %
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Annual Return
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Net percentage (%) gain/loss of my portfolio in the last year, taking into account position size of each trade.


42.08 %
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Win Rate
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Win Rate: Number of winning trades divided by total trades gives the % win rate. In other words, of every 100 trades, how many winners does this Pro Trader average.


76.05 %
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Verified Rating
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The Verified Performance Rating is a review of the Pro Trader generated by a proprietary algorithm. Here at Verified Investing we had two choices. The first was to allow members to post reviews about Pro Traders. The main problem with reviews is that 90% of them are fake. Either one disgruntled member posts 20 reviews unfairly bashing the Pro Trader or the Pro Trader posts 20 glowing reviews calling himself the best in the world. Neither are accurate nor helpful. The second choice was to create an unbiased algorithm that took into account FACTS. Verified Investing is a 3rd party independent website that wants the investing world to be 100% transparent. Needless to say we went with the Verified Performance Rating which is unbiased. This Rating is derived from a proprietary calculation which takes into account the keys that show which Pro Traders are truly the best Pro Traders in the world. The Verified Rating factors in performance and win rate over multiple spans of time, but also other important metrics like the amount of followers a Pro Trader accumulates (shows consistency and quality) as well as communication to the public through Market Moving Articles and Pro Trader Chatter. This is the best REAL and UNBIASED rating of any Pro Trader in the world.
Use the Verified Performance Rating to help select a Pro Trader who fits the criteria you look for, before opting-into their trade alerts.
4.9 out of 5.0
Historically, This Verified Trader Invests An Average Of 12.72% Of Their Account In Each Trade
Pro Trader's Bio
Gareth Soloway is one of the two founding partners & Chief Market Strategists at InTheMoneyStocks. He started trading actively in college falling in love and realizing he would never be able to do anything else. In 2005, Gareth Soloway met Nicholas Santiago while actively trading their own capital. After watching... Read More
My Trading Style
Gareth Soloway is a swing and day trader. He primarily focuses on charts, looking for price, pattern and time factors (PPT Methodology). He trades small, mid and large cap stocks, often looking for oversold or overbought conditions.
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The Simple Chart That Told Me To Short Costco Wholesale Corp (NASDAQ:COST)

| December 5, 2017 3:32pm

Costco Wholesale Corporation (NASDAQ:COST) was upgraded today. Mind you, this came after a run in the stock from $154 to $188. For some reason, an analyst thought it was the right time to upgrade Costco after a huge run like this (I don't get it). Anyways, the stock opened higher and then sold off. The reason for the reversal was because the stock slammed into a great resistance trend line (as seen in the chart below). This triggered my short. This is a no-brainer trade in my opinion as the stock was so insanely overbought that it was a huge pullback opportunity. Add in the massive trend line and it likely is a recipe for profit.

 

View ALL of my trades and Verified performance right now, click here.  

Investor sell-short trade on Costco Wholesale Corporation

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Gareth Soloway

Chief Market Strategist