Stock Trade Setups Sweet Spots Within a Sweet Spot
What is Sweet Spot A Sweet Spot is a low risk entry point in buying a stock or any market. AbleTrend provides a buy signal with a large blue dot when it defines an uptrend. Many times the market pulls...
View ArticleMarket Panics (cont…)
Yesterday, we examined a number of the major market panics & we said that the condition traders find themselves when a market panic hits has largely to do with the thinking that go them there. *If...
View ArticleHow to Follow the Market Relentlessly
Stocks were up for the third week in a row last week reaching a series of historical record highs. Yet scary headlines have led many traders missed the up move or even on the short side. Here are some...
View ArticleEvaluating 8 Bargain Dividend Stocks Recommended by InvestorPlace
Many financial websites give stock pick recommendations. How would you know if these stock picks will outperform? Is there an objective tool that can help you to analyze and watch the stock list at a...
View ArticleEvaluating 8 Bargain Dividend Stocks Recommended by InvestorPlace (2)
Yesterday we had evaluated 4 of the 8 bargain dividend stocks recommended by Brian Nichols at InvestorPlace on April 20 this year. We showed charts with AbleTrend basic rules that are: buy on blue and...
View ArticleThis Book Could Be Priceless for You
This Book Could Be Priceless for You AbleTrend: Identifying and Analyzing Market Trends for Trading Success is now on Audiobook on Audible This book provides essential concepts of AbleTrend, the...
View ArticlePrinciple based trading might be boring but could be lucrative
Principle based trading might be boring but could be lucrative Presumably you are in the market to make money, and not for excitement. Once you have set your trading rules based on winning strategies,...
View ArticleTrading Early Setups vs. Gambling Pre-Earnings
It’s been a phenomenal earnings season with big moves all in stocks all week. Today’s blog post features a clip from yesterday’s Q&A call (3:40), that was in response to a question about two...
View ArticleTrade Filter: Controlling distance
Once you enter a trade, the result is out of your hands. We might not control the outcome, but we can decide when to get out. If prices turn the wrong way, we can get out, or better yet, we can have...
View ArticleThe evil of too much information
AbleTrend Guidance Chart Makes Day Trading Simple and Manageable The evil of too much information One of the problems that day traders facing is that there is too much information to consider in order...
View ArticleBuy at Dips or Stay Away from Stock Market?
Buy at Dips? On August 2,2016 Ben Reynolds at thestreet.com wrote: “Buy the Dips: 3 of the Best Dividend Stocks Just Went On Sale” They are KO, XOM, and MCD. Are they good stocks to buy right now? You...
View ArticleIs Now Good Time to Buy Disney Stock?
Disney reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, among major announcements including an over-the-top streaming service for DirecTV. The company posted...
View ArticleWYNN Case Study: How a Sweet Spot Trade Develops: Part 1
In the past, we’ve talked a lot about the sweet spot trade setup for swing trading. Timing entries for weekly sweet spot gives us a number of benefits: Very constrained risk Big potential rewards...
View ArticleWYNN Case Study Part 2: Reaching the first Road Block
In the last post, we reviewed the sweet spot signal setup in WYNN. We continue today’s post with a segment featuring a live observations a week later (1:53): Key takeaways: If the daily downtrend...
View ArticleWYNN Case Study Part 3: The Art of War
Before we get to stage 3, which is where the signal actually rolls through to the daily chart, I wanted to relate what we’ve seen to The Art of War by Sun Tzu. In part 2 of this series, we described...
View ArticleWYNN Case Study Part 4: Buy Signal Rolls through to Daily
In this series of posts, we’ve been looking at WYNN as an example of how a sweet spot trade can unfold. The beauty of this sort of trade setup is that if prices can start in the right direction, you...
View ArticleWYNN Case Study Part 5: Second Chance Entry
The previous post we looked at the perspective of holding a potential long position in WYNN, as prices started up off a sweetspot trade setup & the signal rolled into the daily. As I do in the...
View ArticleGeneralizing Sweet Spot Case Study, Part 1
The next few posts will be a bit of an extension from the last series of posts on the sweet spot case study, featuring the stock symbol WYNN. This week, the stock opened higher and had approached the...
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