We recently bought Go Daddy ($GDDY) in our swing trading newsletter as the stock moved above the previous week’s high. But we sold the position for a small loss of 1.4% when it hit our tight stop just two days later. Why did we set the stop so tightly, rather than giving enough “wiggle room” to just let […]
The cup and handle chart pattern is popular because it is reliable, easy to spot, and frequently occurring in the stock market. In this blog post, see a short video that clearly explains how to trade the cup and handle. Check it out.
We recently sold $LMAT for a gain of +15.7% on a one-month holding period. Here’s a technical walk-through of the trade from entry to exit.
As the stock market tries to gain traction after recently pulling back, a bit of caution may be a good idea. Breakout stocks are still holding up well for us, but breakouts have a higher failure rate when the major indices are in correction mode. As such, we’ve been expanding our radar to hone in on […]
With leading stocks cruising steadily higher for months, it can be challenging to find strong stocks at ideal, low-risk entry points. However, we have been searching all the nooks and crannies for momentum swing trade setups that still look great. As usual, our nightly stock scans have turned up four nice-looking stock charts that could be in play within […]
You identify an ideal buy point on a stock chart and enter a new swing trade with little to no hesitation. But as soon as you’ve entered the position, the price falls apart and forces you out of the trade when your protective stop is triggered. Then, as soon as you’re out of the trade, the […]
Updated 08.24.16 If you are a trader or investor who likes to monitor the stock market with your smartphone, you may be looking for the best stock trading apps for your iPhone or Android. In 2013, I re-published an excellent roundup of 10 of the best native mobile and progressive web apps for monitoring stocks and options. Since […]
A history of massive earnings growth, a valid base of consolidation, and a price at/near the 52-week high are three key elements of our momentum trading strategy for finding the best stock breakouts. But once you have identified the top breakout candidates and created your watchlist, it is also helpful to know the timing of when […]
While having a proven trading strategy and properly managing your money are key elements to being a successful swing trader, mastering the psychology of trading is an important success factor that is frequently overlooked. I’ve already shared my insight on the 4 most dangerous emotions in trading, but the following guest post by Brian McAboy delves even deeper into […]
What percentage of the time do you think a trader needs to have winning trades in order to be consistently profitable over the long-term? 60%? 70%? 80%? What if I told you that some of the best equities traders I know have a win rate of only 50%, and some very successful swing and position […]