| This episode of Power Hour is a good one for anyone who wants to see live, unscripted decision-making rather than a polished after-the-fact recap. Rob runs the session the way he always does, pulling real trades from the chat as students drop in their wins and losses, then breaking down his own positions candidly, including the ones that weren’t great. The opening trade discussion is a genuinely instructive moment on what separates a good trade from a great one. Rob passes on taking a position in Goldman Sachs earlier in the session because, in his words, there wasn’t a clear and concise path to the next level — there was a thousand-point support level sitting in the way, the kind of obstacle he compares to storm debris blocking a road. He still finds a way to participate, buying puts instead of forcing a directional call trade, and walks away with roughly thirteen percent in about twenty minutes. Good trade, not a great trade, he says, and that distinction — grading your own trades honestly rather than just counting the win — is the kind of self-awareness that separates traders who last from traders who get lucky once. From there he moves into a sharper example on a Netflix-adjacent play, working through a one-minute chart to show exactly where a gap-and-bounce entry formed, buying a call at $1.15 and eventually being able to sell around $2.30, doubling his money in a matter of hours. He’s explicit that the dollar amount doesn’t matter nearly as much as the rate of return, drawing the comparison to mutual fund performance: nobody brags about making eight hundred dollars, they talk about the percentage, and a hundred percent return in a day beats a CD or a savings account by a mile. There’s also a nondirectional trade woven into the same Netflix setup, where Rob sells a cash-secured put alongside the directional call trade, explaining that if he gets assigned the stock, he’s fine holding it and will simply sell a covered call against the new shares. It’s a nice bridge between the pure day-trading style most of Power Hour focuses on and the income-generation strategies covered elsewhere on the Hub’s other shows, showing these approaches aren’t mutually exclusive. The bigger structural story in this episode is the news that NASDAQ is extending its trading session, starting around early December, to run from 4 a.m. Eastern through 8 p.m., with an overnight session on top of that for equities, though not yet for options. Rob’s read is straightforward: if NASDAQ pulls this off without technical issues, the New York Stock Exchange will likely be forced to follow, and traders who’ve been shut out of the market during work hours are about to get meaningfully more flexibility in when they can actually put on positions. The episode closes with a walkthrough of several viewer-requested tickers — SPY, QQQ, ARM Holdings, SOXX, WFC, and Exxon among them — where Rob demonstrates his fibonacci and average true range framework for deciding whether a setup actually qualifies as tradeable or whether it’s still sitting in what he calls a neutral, do-nothing zone. For traders trying to build a systematic, repeatable filter for entries rather than trading off gut feel alone, watching him apply the same criteria across a dozen different tickers back to back is arguably more valuable than any single trade result from the session. |