How to find low risk intraday opportunities

Once you understand swing trading on daily timeframe, you can use the same on lower time frames to make money.

Nature of stock moves remain same on lower time frames also. One of my setups is anticipation using very narrow range bars. I tarde it as swing trade on all timeframes.

When a stock with established momentum consolidates near high and especially in that consolidation when it has extremely narrow range bar of less than 11 cents or so , it can offer very high profit trade.

COLL is an example of trade I did like that in last 15 minutes before close and effortlessly made 524 dollars in few minutes.

COLL is a stock up a lot today (has momentum) . It was near its high for most of the day while most stocks were fading . That was why I had it on my last 15 minutes possible trade or fade list.

So I started watching it. It formed a very narrow 1 cent bar and that is when I decided if it breaks out of this I will buy it for trade. With that kind of narrow bar your risk is very low as you can put very tight stop.

It immediately broke and had a quick follow through before a little bit of fading that is when I sold it. Few minutes of trade for 524 dollars profit.

That can buy me half a bottle of very good quality 30 year whiskey.

This setup works on all timeframes and you can find thousands of setups like this in a year. So if you perfect this setup you will never settle for that cheap whiskey.

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.

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