Stocks likely to breakout today
- nvmi
- uaua
- gpre
- rev
- mfw
- smod
- ctel
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.
5 comments:
i see you use telechart for your system. can you use esignal instead?
thx
Yes you can use any software.
Which method that you teach are you using to identify these stocks that are likely to breakout. Also, in what order do you recommend learning the strategies you review. Which is best for the beginner. I've started with the IBD 200.
It comes from momentum scan. What method to start with depends on what is your level of understanding about the market, swing trading, how to scan for these things in Telechart or other software, how to enter, how to set stop, how much to risk,how to manage the open positions and where to exit. Momentum methods are easier for beginners.
So as a beginners I've started with your IBD 200 method. I am using a simulator now to get a handle on the mechanics. Last Thursday, I opened up the IBD 200 put them all in a watch list and on the weekend, checked to see what stock went up 2 percent on the volume required and narrowed the list down to 25 stocks. I then narrowed the list down based on float and took the five with the least float and calculated the least growth in the last 65 days. Having done that, my first questions was where do I put my stop. I know that you said that you would put it at two days low. Can you explain what that means?
I also then bought the stock in a simulator and sold it the next day because it dropped 8%. The next thing that occured to me is that if I am a small investor with $500 to $1000 bucks, what broker should I use to keep my transaction costs as low as possible.
And, if I have a small investment fund to invest from, it's harder to implement the 1% risk thing. I am comfortable putting it on the line until it grows but thought you might have a tip or two on how to start small.
I've been making videos of my progress and thought that I'd keep track of my "batting average" so to speak and when I hit .250, then I would trade for real.
Any other tips? Is this the strategy you would start with if you were just starting out?
Post a Comment