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.
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10 comments:
Hello Pradeep, I often end up with many long/short ideas for afternoon swings, but I'm always struggling with being able to choose between them. Do you have any suggestion on how to prioritize a list like the one you have posted here?
Biotech always first priority.
If small account select one with lowest floats
For large accounts select highest priced
Great setups, thank you !
Only question I have regarding setup of the stock BIS. Here we see that the TI65 seems bearish over the last periods , still we now have a 4% long breakout.
Do you still take these kind of entries also we face a bearish trend lately ?
Ty
Yes I still take them
Thank you very much for your answer on prioritizing setups Pradeep.
I'm a part time trader, and I do my SA analysis and momentum breakout scans (4% and $4) in the afternoon. I have been struggling with finding good r/r setups.
In your videos you recommend setting stoploss at the low of day for momentum setups (4% and $4 breakout). With a win rate of say 50% this means that the r/r needs to be 1:2 to break even. When I look how the posted setups have performed after 4 days, only very few have reached this r/r. How do you handle the r/r when choosing which momentum setups to enter?
Would you recommend setting profit targets or trailing stops for swing trading momentum setups?
Thank you again.
I no more use low of the day stops. Most stops are half of the b/o day gains to start with. Then once it is breakeven I trail with a stop. Some get stopped out for small loss, smoe get stopped out for small gains, some continue to go up till trailing stop is hit.
Also i do not buy every breakout, I only buy the one with extreme momentum or low floats.
Thank you again Pradeep, I'm very grateful for your guidance. I will continue to study this phenomenon.
I have a few additional questions just to make sure that I have understood you completely, especially since I'm a part-time trader and only will be able to trade in the afternoon.
Do you turn on the trailing stop as soon as you are positive on a position?
How close do you prefer to set your trailing stops?
When you refer to extreme momentum, are you referring to the 4%/$4 breakout with 3LYNCH criteria and TI65?
Thank you!
Trailing stops I put in post entry. Trailing stops I use range from 25 cents to 5 dollar based on price of stock.
I enter as and when I find a trade , many entries are in first 30 to 60 minutes so my stops can quickly be moved to break even. Plus I do lot of anticipation so many b/o I am in much quicker than those entering later in the day or next day.
Maximum momentum as calculated using TI65 value. Stocks with TI65 above 1.20 tend to make explosive moves
What would you recommend the float be under for smaller accounts? Under 100M or 50M?
30 million below
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