Posts Tagged ‘Profit Targets’
Every trader should think in R-Multiples
Do you find yourself buying stocks using arbitrary round share sizes? Do you position size based only on the distance to your stop loss or vary size based on your conviction in the trade? If you answered yes to any of these questions, then today’s article about R-Multiples is going to be an important one…
Read MoreFrank Zorrilla — Tactically swing trading stocks for 1 to 10 day moves
Smarter Trading Podcast Episode 12 Our guest today is Frank Zorrilla. Frank is the founder of Zor Capital, a registered investment advisory firm in New York. He started his career in 1997 and has been professionally managing money since 98. In this episode we get tactical discussing Frank’s short-term swing trading strategy. We talk about…
Read MoreNikki Dunn — Combining technicals with fundamentals for long-term trading
Smarter Trading Podcast Episode 10 Hello everybody, our guest today is Nikki Dunn, a trader, investor, and Certified Financial Planner. Nikki is the creator of She Talks Finance, a financial education platform to help people learn money in a fun and approachable way. In this episode we talk about Nikki’s framework for picking companies and…
Read MoreBrian Shannon — Swing trading stocks using multiple time-frames
Smarter Trading Podcast Episode 9 Hello everybody, our guest today is Brian Shannon of Alphatrends.net. Brian started his professional investing career in 1991 as a retail stock broker and then quickly moved on to follow his true passion of trading, in 1994, which he continues to do full-time to this day. Brian holds a…
Read MoreSuri Duddella — Mastering stock market chart patterns
Smarter Trading Podcast Episode 2 Suri Duddella joins us in Episode 2 of Smarter Trading to share his knowledge about stock market chart patterns and how he uses automation to find the best available setups. We discuss the dangers traders can run into of self-identifying chart patterns without the proper understanding of their structure and…
Read MoreHow to Trade Stocks Using Daily Closing Prices
How to trade stocks using daily closing prices walks through the best practices, tips, and recommendations for implementing a strategy that uses daily closing prices for its signals. If you’re thinking about giving up intraday trading and extending your time-frame or if you’re a long-term investor looking for an active strategy to manage risk, this…
Read MoreHow to Develop Simple Swing Trading Strategies
How to Develop Simple Swing Trading Strategies lays the foundation for developing short- to intermediate-term overnight trading strategies. We’ll start off discussing what the goals of swing trading are and then move into some of the recommended steps to go about creating a strategy from scratch. There are no holy grails we’ll be uncovering, but…
Read MoreHow 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…
Read MoreTrading with Profit Targets – The Pros and Cons
photo by Frits Ahlefeldt-Laurvig Before you even think about taking your next trade you better first assess your risk to reward ratio to make sure the trade is worth taking. Isn’t that what the trading books tell us we need to do?
Read MoreFive tips for holding winning trades
Letting a winning trade ride is difficult. How many times have you had winners evaporate in front of your eyes, stop you out at break-even, or even worse, turn into a loser? It is no surprise holding onto a winning trade is one of the most difficult skills for a trader to develop.
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