Set up method to scan for these kind of setups. In a year you will find hundreds of these kind of setups. This kind of setups is inherent to how market operates.
Stocks do not move for long period of time but when they move they just walk they sprint. This phenomenon is more pronounced on stocks with established momentum profile. A surge of buy interest in short period of time creates these kind of powerful momentum bursts.
If you set up a method for finding and trading these kind of setups on daily basis you don't need to worry about the economy, deficit, Ben Bernanke or any other macro thing. If market is in uptrend you will see hundreds of such setups. If market goes in to correction , these kind of setups automatically dry up as number of stocks making positive range expansion drops. At the beginning of new bull move, you will see proliferation of these kind of setups.
Once you establish a scan for these kind of setups, these start showing up as soon as market opens. By first 15 to 30 minutes many stocks breakout. If you enter early you can profit from the move during the day. As the day progresses you will find more and more setups. Some people prefer to buy in last 1 hour of close as that allows them to study and prioritize these setups. Some enter next day. But the ideal entry is as soon as possible. A Stockbee member has done an exhaustive study on this and his studies show entering in first half an hour is best. Earlier the better.
Not every setup you will find works perfectly like CNTY. Here is a recent setup that I traded that did not work out. In the case of ZLC the stock had a breakout, I entered on breakout as it was in my breakout anticipation list for sometime. Stock made 10% plus move after entry, I did not take profit expecting more upside, next day it reversed hard and stopped me out at entry price. But that is part of the game.
In these kind of swing trades you want to put as close a stop as possible. Because the entire logic for buying the setup is that the strong momentum will continue next day or in next 2 days and stock will never revisit the breakout level. If that happens the momentum burst has failed.
This kind of swing trading setup is just one of the ways to swing trade. There are many other ways to do this also. But the most important thing is to select one good setup like this and perfect it and trade it for extended period of time over 100 or more trades and then you develop expertise in it. Then you can do this blindly day in and day out. Mu 12 year old daughter can do this effortlessly. She started learning this when she was 8 year old. On the members site she has done videos explaining this. Why she can do it is basically this is pretty mechanical stuff once you get a hang of it.
This kind of swing trading is relatively easy to master and offers you thousands of opportunities. You can control your risk very well and don't need to know fundamentals of stocks to trade. You do not need expensive software to trade this. You don't need to subscribe to any service or attend expensive thousands of dollar worth of courses to master this. As long as you are motivated and willing to put in efforts for sustained period of time till you can develop expertise in this, you can learn this no matter your age and sex. Becoming very good at it and controlling risk and developing your mind to not get frustrated by failed trade however for some takes years.
Are you serious about your trading?
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 lot of things before coming to my site and it has offered them the most extensive and detailed methods to swing and position trade.
It is only for those who want to develop their own self sufficient trading method. It is not a stock picking service. It is service for you to build your own scans and trading method to have your own daily pick based on your method.
Be warned it will take you time to learn to trade. Learning to trade is difficult art and unless you are willing to spend months or years to perfect your strategy and also develop your mental edge you are unlikely to succeed in this game. Unless you understand that no site, no service, and no mentoring is going to work.
Why traders come to stockbee?
The member site is one of the most recommended site for learning to trade by other traders and bloggers. You will see no advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant twits self promoting the site, no free trial and no tall claims of making you instantly wealthy, and yet the site attracts new members everyday. Members come from all walks of life and all kinds of trading size and trading styles.
You will see that many trading bloggers have been using my market timing methods, scans , stock ranking lists and chart templates. They have developed their own methods based on my methods. Many paid newsletter site recommend my site to their subscriber for learning about trading and market.
Over the years thousands of traders have been members and those who benefited from the learning talk about the site to others or talk about the methods used and that is how new members learn about the site.
What will I learn in the members site?
The members site will give you in depth understanding to develop your own trading method. The emphasis is on making you self sufficient and confident of your own trading method and style.
As a member you will learn the basics of swing trading, momentum investing, growth investing and risk management.
You will learn about Stockbee Trend Intensity Breakouts method that uses momentum based swing trading to find 3 to 5 day swing trades for 8 to 40% profit.
You will learn about Stockbee Episodic Pivots Breakout method which uses Post Earnings Announcement Drift (PEAD) to find stocks that had a game changing earnings and that are likely to rally for 3 months to 12 months.
You will learn about Stockbee Dollar Breakout method that uses momentum, range expansion and swing trading approach to find 5 to 40 dollar moves in high priced stocks.
You will learn about Stockbee Lemonade Strategy for 401k which uses market timing and momentum to invest in 401k. You will get weekly update on how I am using the strategy on our 401k to do allocation decision.
You will learn about Stockbee Market Monitor method for market timing using breadth. It allows you to avoid risky periods in market and allows you to identify market turns. It is used for 401k allocation decisions.
You will learn about Stockbee Double Trouble method to find stock with confirmed upside momentum using anchored momentum and that are likely to continue their up move.
You will learn about Stockbee Night Time is Right Time method to find news catalyst based trade ideas for short term day trade and swing trade.
You will learn about Investor's Business Daily’s IBD 200 list and how it can be used to find swing trading candidates for explosive moves.
You will learn about Telechart 2000 and how to use it effectively to scan for swing and position trade ideas and to set up your 401k strategy.
You will learn about Jesse Livermore Range Breakout, Darvas Box setup, and many other member shared methods.
You will learn how to set up your own scans, select 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.
The site has hundreds of videos and trading methods and variation of methods. Members help each other in developing the methods and share actively their research and finding. A collaborative spirit allows you to get input from others on your trading ideas or problems.
The site gives you 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 background and experience willing to help each other. The emphasis is on continuous learning and up gradation of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors and new traders.
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 members site. Every method, every scan, every nuance is detailed and all possible help is offered to design your own method.
Do you have a trial?
If you are just looking for trial you are better off trying thousands of other trading sites that offer free trial or one month trial and offer you promise of riches.
It is for those who are ready beyond the trial phase and ready to put serious months or years of efforts to learn to trade on their own. It is for those who want to learn to find their own fish.
The free blog has all the details about the methods I trade and if you go through the posts highlighted in the sidebar you will learn about them.
How can I become a member?
To sign up go to www.stockbee.biz and follow the sign up process. The site uses Paypal for payment processing.
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