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.
3 comments:
Hi Pradeep
I have a little trading story to tell about my experience.
My trading journey began sometime in 2009 when I got interested in the markets.
I open up a managed forex account with fxcm but they later closed that service.
Then I started to learn about trading from Investopedia and few other places and then thought I was ready to trade and win. I put in $10k which was reduced to $5k or below (I do not remember correctly) basically trying to buy stocks when they reached their climax (swing high) or buying when they reached their swing low. Technically I had NO IDEA what I was doing.
Then I gave up for a few weeks and started searching for "short cuts" meaning all these signal providers. Found tradingmarkets.com and nearly bought all their subscriptions. Wasted atleast $10k on it (I was part of their Chairmans club) which basically means if you pay $2k per year you can get holy grail strategies.
Put in another $10k into the account and then lost some and won some but mostly lost because I DID NOT learn what swing trading was all about until my account nearly hit another blow.
I could afford all this because of the business but my interest always remained for learning.
Pulled the money out and really started learning the game and especially trading without indicators (had to take an expensive course from mike bagdaddy). It opened my eyes to trading and then spent hours and hours learning.
Some how found your website and read every thing on it. I scan 500 to 1000 charts every day now looking for range breakouts or momentum and maintaining market monitor data.
My paper trading results have increased and I am ready to get back into trading full time. Things I have learnt
1. Do NOT depend upon others to give you signals. Learn the method yourself. You cannot trade in your past time. Its a full time job requires hours of work to build rhythm which then becomes your second nature and you only trade setups IF they build up.
2. There are no short cuts. To be the best in this game you have to put continuous effort into it AND you can only do it IF you enjoy doing it. You cannot excel at it if you take it as JOB.
3. Cut your losses. Its always a good idea to cut your losses and be wrong to win another day then to keep going through the mental agony of being wrong.
Thank you and I will keep reading your blog posts.
Safvan.
Good learning strategy.
SLV looks horrible here, but if you think about it right now it is where it was 1.5 months ago. This is a potential long term top, but I suspect it will give a signal to get back in 1-3 months from now because there is a commodity bull market right now.
Generally, I've noticed that momentum stocks break and take out 1-2 months profit in a week or two when they top out. The right move in this situation would be to wait and see in case of SLV.
Personally, I would skip trading commodities altogether and focus on stocks whether they are commodity stocks or not. And high momentum commodity stocks should outperform commodities themselves.
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