2017 is a special year for me because it marks the 15-year anniversary of Morpheus Trading Group, which I proudly founded with passion and dreams back in 2002. Back then, I didn’t really care about which stocks or sectors generated the best annual performance because I focused only on very short-term trends (typically 1 to 3 […]
When a trader subscribes to The Wagner Daily, our nightly stock trading newsletter, we send a list of four important rules that should be followed in order to be consistently profitable and effective with our trading system. After recently becoming a new member, a trader named Keith asked us a question about rule #1 (we encourage […]
As 2016 rolls to a close, I am excited to think that Morpheus Trading Group will celebrate its 15th birthday in 2017. Maybe it’s just me, but the passage of time around here is really getting supersonic! Anyway, I’ve been feeling nostalgic about the memories of the first year I began writing The Wagner Daily […]
Successful swing traders know that winning stock chart patterns repeat themselves over and over again. As such, you can easily gain valuable knowledge by occasionally taking a retrospective look at “what worked well” with your recent winning trades. In this blog post, I walk through the “before” and “after” stock charts of two winning trades that were […]
It’s been a roller coaster ride in the stock market in the two trading sessions since Donald Trump became elected as our 45th president. But all we’ve seen so far is a typical knee-jerk reaction (volatile, indecisive price action) to an unexpected news event. The real direction of the market’s next move is more important. By […]
From newbie to professional, most traders are quick to tell you that setting stops can be a real pain in the ass. Well, yeah…it certainly can be a pain. But it doesn’t need to be. Continue reading this brief trading psychology article to learn how to let go and set stops the stress-free way! The Illusive Holy Grail […]
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 […]