10/31/2019

Using reversal signal to time entries NUGT

NUGT is another example of using the reversal signal to time entries on possible reversals.

https://www.tc2000.com/~aZN4NE

https://www.tc2000.com/~fV5UUo

The ETF showed up in scans yesterday in last half an hour. I entered 1000 shares with tiny stop. Now it is gapping up 3% allowing stops to be moved.

Reversals offer good risk reward trades.


and now up more than 7.53%


Look for low risk entry points that allow close stops. 

10/30/2019

Using reversal signal to trade Bottom Bounce






Reversals in minor trends or even major trends happen near market turning points and offer good risk reward trade.

WORK is an example of such trade. It showed up intraday on Monday in my reversal scan. I entered a 5000 share  position with a close stop of 30 cents. The stock bounced back and continued to rally from that point. I sold my 4000 shares to lock in profits and now carrying 1000 shares with close stop to protect open profits.

Reversal setups work well in some market conditions and adding them to your tool box gives you more opportunities for profit with miniscule risk.

In Telechart you can scan for these very easily.

https://www.tc2000.com/~jE5vqf

If you re serious about making boatload of money trading focus on well defined setups and master them. 

10/29/2019

Earnings Surprise= Free Money


There are always some stocks that have significant earnings surprise either to upside or downside. Such earnings surprises lead to rallies in such stocks.

PEAD (Post Earnings Announcement Drift) is a very well known and extensively studied market anomaly. Ball and Brown first documented the PEAD phenomenon in 1968. Since then hundreds of thousand studies have confirmed their findings across world markets.

As its name suggests, the PEAD is the tendency of stocks that beat earnings expectations to continue to drift upwards after the announcement, or likewise for stocks that miss earnings to continue to drift downwards.

Everyday during earnings season number of companies surpass earnings expectations or miss earnings. When earnings is announced it is compared to existing expectations. Iif the earnings is a major surprise to the market then the stocks reacts immediately to that news. Most of the time the stock with significant earnings surprise  will make 40 to 100% move on earnings day itself. Depending on market conditions these stocks can go in to multi week rally. In uncertain market conditions, they tend to pullback and go sideways or form range and then breakout nearer to next earnings.

When looking for PEAD candidates , stocks with first or second significant earnings surprises and significant earnings growth lead to big moves. After a few quarters of earnings acceleration, everyone notices it and the reaction is more muted as the earnings get discounted. Very few stocks can consistently surprise on upside for more than few quarters.


There is a cockroach effect in earnings trends. One earnings surprise is typically followed by many more earnings surprises. When you focus on first earnings acceleration there is good chance your stock will have more such earnings. So effort spent in researching stocks during earnings season can pay you off for many quarters. The structural factors which contribute to earnings acceleration do not disappear in one quarter. That is why earnings trends persist and price trends persist.

To find these kind of stocks use NTRT/MTRT methodology I highlighted yesterday.

Go and see in last 2 weeks how many big moves have been triggered by earnings surprise. 10 to 40% moves happen due to earnings surprise.

If you are really serious about making money trading , master the NTRT/MTRT approach.  

10/28/2019

Stockbee Swing Trading Bootcamp November 16th and 17th 2019


Stockbee Swing Trading Bootcamp

 November 16th and 17th 2019


Reserve your seats today.email to easyguru@gmail.com to confirm your seat

Cost: $ 789 for confirmation  

This is the only opportunity for non members to attend the bootcamp. Over the years lot of readers have enquired about the bootcamp, so here is your only opportunity. 

Topics




How to make serious amount of money
swing trading


Seupts process , scans , trade management 

Core Methods to find money opportunities daily

Nice to know methods

Market Timing

401 k Lemonade strategy

Time:  8:30 AM  to 5 PM Saturday Sunday 8:30 to 3 pm
Venue: Rutgers Inn 178 Ryders Ln, New Brunswick, NJ 08901
Closest Airport Newark NJ

SPOT earnings breakout from today

SPOT had earnings today. It had big earnings surprise and was up in pre market on good volume. These kind of stocks often make big moves during the day.




You can find these kind of opportunities daily if you use a methodology we call MTRT

All information to find these kind of opportunities is free.

Morning Time is Right Time MTRT Simplified

Quick links

  1. WSJ post market winners https://goo.gl/9ZYmW7
  2. Earnings whisper calendar https://www.earningswhispers.com/calendar
  3. Earnings Whisper email summary : you need to sign up for this . it is free
If you are serious about making money learn the=is powerful setup called NTRT and MTRT

Anticipation scans that can make you lots of money

The previous link to scans was not working . Here are the 4 highlighted scans.





Liquidity = minv3.1>=100000

Buyout = CountTrue(c > 1.2 * c1 and (h-l) < 0.04 * c, 100) = 0

TI65 = avgc7/avgc65

MDT c/avgc126

Many opportunities in earnings season

As earnings season is in full swing, earnings breakout offer major opportunities for making big profits.





Find these kind of big opportunities and profit from them.

Simples way to find these big opportunities is by focusing on stocks that make 9 million plus volume breakouts on earnings day. That typically indicates big players buying.

https://www.tc2000.com/~7nCDBA

Will help you find stocks that had 9 million plus volume b/o  in last 25 days

10/22/2019

How to develop as a trader

Working memory involves the ability to maintain and manipulate information in one’s mind while ignoring irrelevant distractions and intruding thoughts.

That is how traders make money. By trading a method or setups without distraction and making decision based on constantly changing dynamics.

This requires a well trained and developed procedural memory for a setup or trading style.

The simplest trick to training procedural memory is repetition and repetition in high volume and more importantly repetition in high volume at a very compressed time frame.

Intense short duration voluminous practice is best way to train procedural memory. It is more effective if done at a rapid fire rate. The reason that works is when you do things under pressure the brain trains itself to be super efficient.

More than that intense effort done at rapid rate also enhances your confidence as it leads to improvement in your skill rapidly.

This is the principle used to train in US army. US army is one of the largest user of psychological research. If you see books on expertise development many of the studies are sponsored by the US Army.

Basic Combat Training and Advanced Individual Training are the core starting point for all recruits. Both those courses are designed to be highly intense and challenging

The principle applies to anything which involves expertise in life. Train, Overtrain,. Constantly Train. Train under pressure. Bootcamps are the preferred methods in US Army for that reason.

In practical terms if you want to be better trader instead of getting in to endless debates and flirting from method to method or setups you should train and train intensely, and train intensely under severe pressure to master a set of setups.

The Stockbee trading Bootcamps work on that principle. They are intense 2 day sessions where Stockbee members go through thousands of past setups in intensely structured and fast paced environment with constant feedback to build a procedural memory for trading 2 or 3 setups.

Once you do that then you can build on that over the years. most people think trading is something they can do as some part time project with minimum training. It does not work that way. Sooner or later they blow up.

If you want to be successful trader and make millions:

Train

Train intensely

Train intensely under pressure

Train intensely under pressure with feedback loop

Train repeatedly

Train regularly.


Do that if you want to be a successful trader....

10/11/2019

Make money not excuses

Take ownership of your trading and results

too many are stuck in mindset

" oh market is too volatile" .

"I will wait for ideal conditions to go long"

" market sucks" and so on and so on
That mental block is preventing you from making money.
make money not excuses

Member Feedback Today (10/11/2019)

Thank u Pradeep and also for explaining this over the call yesterday.
Wanted to let u know ..since the start of the call sessions, and listening to what u say closely I made a mental shift into identifying setups better (still a lot of work in progress for me). More focus on better ants setup
The idea of capturing and reviewing the good patterns every morning made me mentally ready to look for those patterns, that way cutting down non setups
I think most importantly have grown in confidence and it really came down to self belief and efficacy
In 2 weeks almost up 8.5% ..thank u thank u once again.
My goal for today and the weekend is to have clearly written trading plan
Best Regards
AXXX
once you clear the fog in your brain and start focusing making money is easy .
any of you can also do this
some mind set shift and unlearning is required for that
In same market condition with right set of setups you can make money. Just need to have hunger to make money.

One of the setups working well in this market  is super liquid stocks with volume above 9 million for breakouts or anticipation.



This is one of the example of that. I bought this based on the 9 million scan yesterday and closed today pre market for $2564 profit.

If you want to make money swing trading, there are good opportunities in the market as long as you have good setup and process in place.  

10/09/2019

Stockbee Swing Trading Bootcamp



Stockbee Swing Trading Bootcamp

 November 16th and 17th 2019



Reserve your seats today.email to easyguru@gmail.com to confirm your seat


Cost: $ 789 for confirmation  

This is the only opportunity for non members to attend the bootcamp. Over the years lot of readers have enquired about the bootcamp, so here is your only opportunity. 


Topics




How to make serious amount of money
swing trading


Seupts process , scans , trade management 


Core Methods to find money opportunities daily


Nice to know methods


Market Timing


401 k Lemonade strategy


Time:  8:30 AM  to 5 PM Saturday Sunday 8:30 to 3 pm
Venue: Rutgers Inn 178 Ryders Ln, New Brunswick, NJ 08901
Closest Airport Newark NJ

A framework for daily organisation of trading

Organize yourself for the trading everyday

Everyday do the same thing over and over in a systematic manner.
Once you have a well thought out method the day to day challenge is largely about implementing your plan.
That requires setting up a daily routine and adhering to it as far as possible.

Situational Awareness

We know swing setups work, but overall market conditions can have impact on the % of trades likely to work. So SA helps you in controlling your trade pace. In good environment you want to be more aggressive. In bad conditions you want to focus on risk management.
Question you need to ask daily for SA:
What is your market bias today
Is there a plan to exploit it
Is there an alternative plan

Anticipation

Anticipation allows you to control risk and get in to setups early or as they are breaking out. Anticipation is also useful on current open positions. If you have thought through what you will do under different circumstances on your open positions you are in better position.
Question you need to ask daily for Anticipation:
What homework have I done to identify good opportunities ?
What are the 3 to 5 very high probability opportunities I must focus on today
What is my plan for existing open positions

What is working currently

Different phases of market favor different kind of stocks or setups. Some time beaten down stocks do well. Sometime stocks with momentum do well. Some time value or growth is in favor. Knowing what is working helps you focus on hot opportunities.
Question you need to ask daily for What is working:
What is working in the market currently
What stocks and sectors are leading the market currently
What style and setups are working currently
What kind of follow through is happening

The hardware and software

All our good plans or intentions or setups are of no use if our hardware or software fails or is not optimum for trading.
Are you setup for today
Is your hardware in proper condition
Is your software working without glitch
What is your backup plan in case of failure.

Your mental state

Your mental state affects your trading. If your are well organised and in proper frame of mind for trading you will be successful. If you are excited, harried, angry, disorganized you will find same thing in your trading.
Are you calm, excited, harried , or confused today?
Are there distractions likely to affect your trading today?

Continuous improvement

As a trader you need to focus at least 25% of your daily efforts on developing new trading setups and ideas and on enhancing your trading skill and knowledge of market. A purposeful plan to do this will cumulatively help you transitions in to new setups and ideas as market changes.
What is your plan for enhancing your market knowledge today
What is your plan for enhancing your trading skills
What is your plan for enhancing your trading mindset

What needs to happen for me to be a confident and in control trader

Do I have resources to get there?
Do I have the burning drive to get there?
Everyday using this kind of framework will make you a better trader . If you rigorously follow these kind of checklist you will see improvements in your trading in 90 days.

10/08/2019

Simple breakouts scans

https://www.tc2000.com/~SxBnmH

Bullish and bearish breakouts scans for swing trading 

10/07/2019

Develop a deep understanding of your setup

To make a setup work and extract money from it , you need to have a deep understanding of the setup.

You need to understand the structural tendency the setup is trying to exploit and how robust is that tendency.

You need to understand how the setup works under different market conditions. What kind of tactical changes you need to make to account for the market conditions.

You need o understand several variations of that setups and when to use them.

There is lot more to a setup than ust scan. If you do not understand that then just knowing about the scan is not going to be of much use.

If you have deeper understanding of a setup you will be able to adapt it to your own trading constraints like job or capital or tools available.

Before jumping on any scan or setup spend time taking a deep dive.

10/03/2019

KMX: Using bearish anticipation to make money

This is an example of simple swing trade on bearish side. KMX had a bearish reversal due to buyer exhaustion near high. It showed up in my bearish anticipation scan.

KMX was also my newsletter pick for yesterday newsletter


Shorted stock at open with 40 cents stop. Stock went down for rest of the day.

Swing trading opportunities like these are there everyday once you know how to scan and trade them.

If you want to make serious amount of money trading , learn the swing trading techniques and you will never go hungry.


Stockbee Swing Trading bootcamp: Learn to make money swing trading

10/01/2019

Stockbee Swing trading Bootcamp



Stockbee Swing Trading Bootcamp

 November 16th and 17th 2019



Reserve your seats today.email to easyguru@gmail.com to confirm your seat


Cost: $ 789 for confirmation by October 15th (10 seats 2 seats)

This is the only opportunity for non members to attend the bootcamp. Over the years lot of readers have enquired about the bootcamp, so here is your only opportunity. 


Topics




How to make serious amount of money
swing trading


Seupts process , scans , trade management 


Core Methods to find money opportunities daily


Nice to know methods


Market Timing


401 k Lemonade strategy


Time:  8:30 AM  to 5 PM Saturday Sunday 8:30 to 3 pm
Venue: Rutgers Inn 178 Ryders Ln, New Brunswick, NJ 08901
Closest Airport Newark NJ