Earnings season starts this week.

Friday is going to be a huge dump of earnings from many of the big named banks out there including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC) and plenty of others.

Volume is going to pour back into the markets, and we can expect wild swings for both individual names and overall sectors.

So it’s best to not get caught with your pants down.

The question is, are you ready?

And furthermore, do you even know how to get ready for it?

If you haven’t started trading yet, or have been waiting for the 13th, I highly suggest you get a couple days in BEFORE Friday hits.

Trading is a muscle. When you let it go flabby, it’s going to be harder for you to get back into the swing of things and identify buy entries that you used to know well.

With that said, I would highly suggest you try and take time to trade around a couple events this week that will pull more volume into the markets.

The first you can look forward to Thursday morning as inflation numbers are getting released.

Markets are going to react violently to the news, no matter what happens.

Your job is to sit back, watch the carnage unfold. Draw your red lines for levels of resistance and support, determine your risk ahead of time, and jump in.

If you’re just getting back to trading use a paper account or only buy a tenth of what you usually trade.

That will get you at least accustomed to how wild market swings will occur.

But what about individual names?

Lucky for us, there will be a few earnings this week that we can test out potential earnings reversals for.

Bed Bath and Beyond (BBBY) reported this morning and Taiwan Semiconductor (TSM) reports Thursday.

Already TSM has shown some bullish moves upward today, so this is definitely a stock you’ll want to keep an eye out.

On top of that, SOXL, the semiconductor ETF, has been a fantastic stock to trade around the VWAP. You’ll want to keep these on your radar. Check them in the morning after earnings release, put them on your scanner, do whatever it takes to make sure you don’t lose sight of these names.

And trade them.

Don’t just look back on them and find patterns. Actually trade them in real time.

You don’t learn anything by sitting on the sidelines and watching others make money day trading.

You need to get your hands dirty, define your risk on each trade, and have no fear.


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