Should you buy breakouts

The most often asked question is why buy on breakouts. It is not necessary to buy on breakouts. You can buy using various tactics to get low risk entry. You may want to enter on a low range day, you may want to enter on a negative day, you may want to enter next day first thing after negative day. Or you can enter with a conditional buy stop.

There are ten important things if you want to increase a success of breakouts.

Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection

If you chose a Bugatti Veyron as your vehicle as against say a Ford Mustang in a race, no matter how bad a driver you are your probability of winning race is high.

The Veyron's numbers are staggering. It can hit 60mph in 2.5 seconds
thanks to four-wheel-drive traction, shoots to 125mph in 7.3 seconds
and reaches 200mph in less than 20. The Veyron 16.4 is the most
powerful, most expensive, and fastest street-legal production car in
the world , with a proven top speed of over 400 km/h.There can be no
commercial logic behind such a crazy machine, even with the Veyron's
price tag of one million euros (at the current exchange rate, that's
$1.2 million).

If you chose a company with high probability of going up no matter what your entry criteria, your chance of success will be high. Rest all is tactics.

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.

404

Recent Articles