Double you money in 2020

If you have ambition to double your money in 2020, here are some steps you can take now and gear up for 2020.

First step get a software. Without proper scanning software your probability of making money is low. A good software is first starting point to making money trading. I use Telechart for all my scans and trading ideas.

Second setup scans charts columns layout. Once you have the software n place you can setup scans for breakouts, anticipation, momentum, Episodic Pivots, reversals and so on. You can create watch lists. I have shared many setups on this site which work and are being used by thousands of traders over the years with some modifications.

Third setup daily process. The daily process should be built for efficiency and money making. A well thought out process fits your lifestyle. A daily process for full time aggressive trader will be different from someone with full time job and limited time commitment.

Fourth develop situational awareness (SA) skills. SA is about changing your trading tactics to current market conditions. Some setups work best under certain market conditions , if you are aware of that then you will have great success and less draw downs.

Are you motivated enough to do this. Do you want to aim to double your money. Then do something about it and stop dreaming.

Best site to learn to trade

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.

404

Recent Articles