Waiting for Godot

This will go down as one of the most torturous breaking of all time high by Dow Jones Index. The market seems to be in a state of suspension in anticipation of earning season. Volatility in individual stocks should pick up as the earning season hits in full force in next couple of weeks.

The earning season and pre announcement season is a good season . It is a season of opportunity for all kinds of traders be it day traders, swing traders or long term traders. Future prospects of companies get reevaluated during this season. Those who surprise or beat sometime find a good rally for six to 8 weeks. Sometime they launch multi month, multi year rallies. Those who disappoint find the market severely punishing them . Many of them go in to multi month or multi year funk.

Earning momentum and price momentum as strategies have statistical edge and much of growth investing is about identifying such opportunities. Most people believe that market are too efficient and things like these do not work. It is very good thing that people believe in that myth. That creates opportunities for those who can understand and operationalise strategies based on earnings.

During the course of the day I will talk about how I discovered earnings based strategies and about my first trade based on it . I bought the stock on earnings day and it tripled in next two months. It was in the midst of severe bear market. So stay tuned.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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