Why We Don’t Use The 7-8% Stop Loss Rule
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Read MoreAuthor: All About Trends
Time To Take A Bite Out Of Apple?
And of course here is our AAPL chart for the day because an AAPL a day keeps the doctor away. 1-11 See that POH forming on the micro chart just above? That’s why I said in the daily chart that it would not surprise me to...
Read MoreWhy We Are Traders And Not Investors
One look at the chart of VHC below tells you why we are traders and not investors: Each of the pink Pullback Off Highs lines were buying opportunities: Trade 1: Bought 300 shares at $21.64, sold at $24.23 — total profit of...
Read MoreLeading Stocks Showing Bullish Action
On the 3rd to 4th day watch for a reversal. In this case UP. We’re sure we don’t need to tell you Monday was DAY ONE. Leading stocks are on a tear! Take Buffalo Wild Wings-BWLD for example. Talk about taking flight!...
Read MoreWait For A Pullback Before Making New Buys
The S&P 500 is up 10% in 6 days! Until we get some sort of pullback there is nothing to do on the longside, that is unless you like chasing buses at these levels. We don’t and we won’t. But if we get some sort of...
Read MoreHow To Tell When A Leading Stock May Be Topping
Look at CRM when it TOPPED. Now take a look at one of the few remaining darlings sitting in new high ground: So that all said if you see HANS do what CRM did when it topped? It’s all you need to know to walk away and get...
Read MoreHow To Handle Gaps Down
IF you are looking to short here, we really don’t have a problem with it but try to use strength to do so as you missed the big gap down already (And use trade size risk management). Doesn’t mean it can’t...
Read MoreHow To Profit In A Volatile Market
“One look at the daily charts show that we tagged the 38.2% Fibonacci retracement zone and instantly got a reaction off of it to the downside. What it also means is that if that happens then odds favor Wave 5 is underway...
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TraderPlanet’s Quick Guide to Candlesticks
