As technical swing traders whose trading strategy is based on following the dominant trend of the market, we are not bothered when the stock market shifts direction to the downside because our proven market timing model continually keeps us trading on the right side of the market (or out of the market altogether at times). Last week, as the main stock market indexes fell sharply, we profited from several short and inverse ETF trades. In this article, we provide you with an educational walk-through and technical anatomy of one of last week’s successful swing trades in which we netted a 12% gain on a 3-day hold of $SOXS in The Wagner Daily newsletter…
Click here to continue reading our new article on the equities.com web site.
You know your trading rules. You've written them down. You even follow them in practice. Then the market opens, and…
Most traders would have sold Micron ($MU) at +20%. Some would have panic-sold when it pulled back to the 8-day…
Crude oil dropped sharply after the Iran ceasefire was announced, and most traders were glued to the headlines trying to…
Three weeks before this post, we moved to 100% cash right before the NASDAQ dropped 8.5%. Most traders either tried…
As Bitcoin breaks through critical resistance levels, seasoned traders are eyeing both opportunities and warning signs in today's volatile crypto…
While most investors are running for the exits, savvy traders are quietly building watchlists of stocks showing remarkable resilience. These…