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.
4 comments:
Hello stockbee,
there are a few issues that have been bugging me for sometime. i hope you can answer my questions.
1. William O'Neil states in "stock market wizards" that he adds to a stock after a buy point from 1% - 3% purchase price. He says in the new 4th edition of his book "How to make money..." that he adds at 2% - 2.5% from initial purchase. Based on your experiece, how do you add to a winning position? Is a stop predetermined at the 1% point and another at 2% and 3%? Or do you place a limit order at 1%, 2% and 3% after the percentage gain is hit?
2.When do you sell an "episodic pivot" buy assuming you already have a profit on your hands? Is it based on simple moving average of 10 days? or is it a percentage target? or is it a certain day after you buy it? or is it a certain candle stick shape? or a percentage loss in the day?
3. How do you manage 10 or more stocks in your portfolio? I am having difficulty managing stocks as they pass 5 positions.
thanks
1 I have studied his method but I don't use his rules. I have my own method and rules.
I take big positions on certain stocks based on historical model of big winners. But in those cases I put the full position on immediately and not add to it.
2 My stops are based on catalyst and strength of catalyst. In swing trading they are based at a two day low point prior to entry day.
3 I do partial sells at pre determined levels like 20, 40 50% level etc.
4 I do not follow charts or candles or that kind of voodoo stuff for trading decision.
5 My number of positions is a function of my stop and risk %. So I seldom have 10 positions. Most of the time I get fully invested in 3 to 5 positions
thanks
i was studying some of the trades you made. i just wanted to know what you were thinking at the time.
All thinking has been done before trading these kind of systems. So there is no thinking involved, there is only action once stock shows up in a scan
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