Profit of $21,288… $URI was my monster for the day on the short side. I stopped trading for the day until I saw the bearish alert come across the TT Blackbox. I was a little heavy, but it immediately broke down. When I entered short the 2nd time I went very heavy with the plan of using profits as a buffer.
I trade with the flow of the TT Blackbox alerts, I don’t use stops… I just scale in for my risk management.
What is day trading?
Day trading is the practice of buying and selling stocks in a short timeframe, typically a day. The goal is to earn a tiny profit on each trade and then compound those gains over time.
With the rise of online stock brokers and cheap trades, day trading became a viable (albeit very risky) way for retail investors to turn a few days’ worth of quick wins into a substantial bankroll.
In practice, however, retail investors have a hard time making money through day trading. A 2010 study by Brad Barber at the University of California, Davis, suggests that just 1% of day traders consistently earn money. The study examined trades over a 14-year period, from 1992 to 2006.
The very small number who do make money consistently devote their days to the practice, and it becomes a full-time job, not merely hasty trading is done between business meetings or at lunch.
The TT Blackbox Alert & the Trade
Transparent Traders created the first-ever solution that specifically alerts for swing trades. It will also alert for bullish & bearish day trades. Our Blackbox runs off of multiple algorithms and uses predictive A.I. to locate the most accurate day or swing trades that it calculates to give the best chance for success. Couple this with proper Due Diligence and our users are given the edge needed to be more successful in the trading world.
United Rentals, Inc. rents equipment to a diverse customer base that includes construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities in the United States and Canada. The Company offers approximately 3,300 classes of equipment for rent. In addition to renting equipment, it sells new and used rental equipment, as well as related contractor supplies, parts, and service. Following the acquisition of Neff Corporation, the company has an integrated network of 1,019 rental locations in 49 states and every Canadian province.
United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index. The Company’s general rentals segment includes the rental of general construction and industrial equipment, such as Towable Air Compressors, Boom Lifts, Skid Steer Track Loaders, Portable Generators, Scissor Lifts, Towable Light Towers, Reach Forklifts, Heaters, Vertical Lifts, Backhoes, Compact Mini Excavators, and Welders.
As you can see on the picture above the TT Blackbox alerted $URI as a Bearish 5-minute Mover on 4/09/2020 at 12:50 CST. James has a short entry average of $109.03. Initially, I sold off at the first green candle depicted by the white arrow on the chart above. I had the thinking that it was setting up for a Bullish Bounce, but when I saw how red that next candle was I entered short again and covered at my price target of $104.
Simply the best algorithms! We give a 7-Day free trial because we feel confident with our results. Our subscribers can attest to this, with many who make WAY more in profits during the free trial than it would cost to subscribe for an entire year!
* Our Proprietary algorithms that alert on your web browser for day & swing trades, and will categorize it as “Bullish” or “Bearish”
* I trade live with my members usually two days a week to teach/show how to best use the TT Blackbox (this is just a courtesy and dependent on my schedule)
* Option Activity- see the trades that Wall Street takes
* Benzinga Breaking News
* “Why is it moving- catalyst” a one-sentence headline that explains the catalyst for that ticker.
You won’t find algorithms better than ours!
We provide the best value, no one can compete with us on this!
The choice is yours whenever you’re ready —> Join TT Blackbox