Trading Success Lessons
Scanning for Swing Trade Setups in TC2000
Scanning for swing trade setups in TC2000 is a guide to help you find the stocks that you care about for your watchlist. It covers the basics of creating new scans, selecting and filtering your stock universe, examples of a few of my favorite scans, as well as some general tips that I’ve learned over the years.
How to Get Started Swing Trading Stocks
How to Get Started Swing Trading Stocks is an introductory guide for new traders looking to get active in the stock market. We start right at the basics — defining what exactly swing trading is and why someone would want to adopt this trading style — and then dive into all of the important high-level…
How Smaller Profit Targets Can Improve Your Trading
How many times have you read that in order to make money trading, you need to play for a big profit target, let your winning trades run and cut your losers short? It’s sound advice, applicable in many places, and a great starting point for new traders. But it’s not the only way to make…
How to Obey a Trailing Stop
We discuss how to obey a trailing stop by reviewing a recent trade we had in DDC. This video walks through our decision making process throughout a trade.
Example Of Why Your First Loss Is Your Best Loss
$CEMP was a trade we put on last week. It was a breakout play from a high tight base following a longer term consolidation that started in August. The setup, seen below, was about as good as it gets. Tight base Actionable Great expansion in range on the signal bar Close at the highs Leading…
Adapt to Dynamic Markets or Fail
Trading is hard. Whether dealing with the uncertainty of markets, managing the discomfort of losing money, or developing a meaningful trading edge, there are lots of skills a trader needs to develop before finding their way. It took me years of experimenting with different strategies, learning the hard way about risk management, and repeatedly getting my butt kicked
Sometimes You Need To Override Your Trading Rules
Thursday September 8th we initiated two new swing trades into our portfolio. The first was $CSX: A very healthy and bullish looking chart giving us a follow through signal to get long as it pushed to new multi-month highs.
Our Best Month In The Past 2 Years
July was a good month. We saw a breakout to new highs in the S&P500 out of a two year consolidation and we also had our best month of performance since our swing service started back in January 2015. This makes sense, we are momentum traders primarily trading breakouts, so this is the type of environment we…
Why End of Day Trading is Superior
There’s a fire hose of information directed at our faces everywhere we go. Thanks to technology we can basically travel anywhere in the world and never miss a market tick. Technology is great.
