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 […]
Several months ago, our trading system enabled us to buy a strong breakout stock when it pulled back to its 50-day moving average, which we subsequently sold into a rally for an average gain of 26.8%…and I’m going to show you exactly how we did it. In this article, we walk you through that trade to show the technical rationale for buying […]
Knowledge has to be improved, challenged, and increased constantly, or it vanishes. – Peter Drucker We couldn’t agree more, especially in the business of stock trading; the more you learn, the more you earn. As such, much of the knowledge we share on this blog focuses on recapping technical chart patterns of past stock and ETF trades that led to successful, profitable […]
Following is a guest post by Jack Loftis, friend of Morpheus and ETF guru. Several years ago, we began working with Jack after discovering that his short-term “reversion to the mean” ETF system greatly complimented the Morpheus momentum trading strategy for individual stocks. Since many traders find Jack’s ETF swing trading system to be the perfect compliment to […]
Since the Brexit news was announced on June 23, stock traders and investors have been on a wild roller coaster ride. The NASDAQ 100 Index plunged sharply for two days, promptly reversed, and has since erased nearly the entire news-driven decline. But now that the NASDAQ is back in the vicinity of its pre-Brexit level, what happens next? We […]
With global stock markets getting hit pretty hard in reaction to Britain’s decision to exit the European Union (“Brexit”), it’s easy to panic over how much stocks have recently fallen. However, in times like these, it’s crucial to rely on “no nonsense” technical analysis to maintain an objective view to determine just how far stocks may fall […]
