Most traders haven no idea what they are doing. Many of them may think they do, but they don’t. They are trading blind, essentially gambling. I was like that many years ago jumping from alert service to alert service, setup to setup, and almost no one does a deep dive into market structure and fidn […]
How to master a setup: Episodic Pivots Read More »
There are 3 instances in the past 25 years where the NASDAQ first crashed and then had a huge, relentless V-shaped recovery, up 40%+ in 3 months, surfing the 10/20 SMA for the whole move. 1998 2009 2020 Since the 2009 instance was after a multi-year bear market I will not include that one. The
NASDAQ comparison late 90’s vs today Read More »
I have made tens of millions the past few years trading 3 simple, timeless setups. These setups occured last year, 10 years ago, 50 years ago and 100+ years ago. They occur over and over again. They occur in the Japanese market, they occur in the Swedish market, they occur in the Indian market. The
3 TIMELESS setups that have made me TENS OF MILLIONS! Read More »
My trading history I started daytrading in 2011 at age 23. I followed alerts, chased stocks and had no idea what I was doing which led me to blow up 3-4 times in my first 2 years of trading. I didn’t give up, I studied more, tried harder, did more of what worked and less
I’m writing this post to help me find and identify stocks to invest/trade-in. I found this table of the different stages of a company: Source: https://twitter.com/BrianFeroldi/status/1245720168912826370 Peter Lynch classifies stocks into 6 groups: 1. Fast growers. 25%+ earnings growth. 2. Medium growers (stalwarts). Steady 10-12% earnings growth. 3. Slow growers (sluggards). No or very little
Different stages and types of a company Read More »
Momentum moves are triggered by some news. A surprisingly good or bad news often leads to start of a momentum move. This kind of move can be of many types. But the one news with potentially big impact is earnings news. Earnings have the potential to lead to start of multi month or multi year
What drives momentum Read More »
This has been an ideal market for professional momentum chasers like me. For last several weeks the market has rewarded momentum. Many traders are skeptical of momentum strategies and which is a good thing. That is what makes market interesting. And creates profit for momentum traders. However, studies after studies show that the only persistent
How these momentum stocks perform in a short-term market pullback Read More »
As a trader we are interested in quick moves and when it comes to quick moves market tends to reward certain things. Earnings surprise: In the short run as well as in the long run a significant earnings surprise will lead to a rally, if the surprise is not priced in to current price. If
Catalysts that create explosive moves Read More »