How to Spot Bull Flag Patterns for Profitable Trading Are you looking to improve your profitability and swing trading results by learning how to spot and trade bull flag patterns? Bull flag patterns are one of the most reliable and profitable chart patterns for swing traders. For me personally, it is my favorite continuation pattern.
When should you book profits in your trading and investing in the stock market? Seriously, aren't you tired of always watching your profits disappear every time there is a downturn, or you sell when you should be holding or holding when you should be selling? The problem is that you probably suck at risk management,
The Stock Market is hitting new all-time highs every single day! But how long can this last? At some point there has to be a pullback, but when? Are we looking at another January 2018 where the market dropped hard and fast the following month or September 2018 where the market peaked and dropped over
Here's a look at a recent trade made that exhibited a bull flag pattern to the upside and how resistance was dealt with and managed for this breakout play. Trinity Industries $TRN in particular and railroad stocks in general can have their own mind, so you it is important to manage the risk and do
It is so easy to lose patience with the stock market. Especially when our expectations are not aligning with what we are actually seeing unfold in our portfolio or the stock market as a whole. Setting profit goals is a dangerous game, because when it becomes more likely that we will not meet those goals,
My Swing Trading Strategy Two new positions were added yesterday, while continuing to hold on to the existing trades. I’ll entertain adding another today, if yesterday’s momentum can be sustained. Indicators Volatility Index (VIX) – Dropped 1.1% down to 12.28, bouncing off the lows in the final hour of trading. I don’t expect big moves to
A low volume and choppy stock market can be one of the most difficult markets to trade in as it requires immense discipline and willingness to remain patient in your trading. A lot of people will over trade their account, and take on new trading strategies with losing results. However I think the breakout play
Let’s be frank – the Baidu $BIDU trade has been dead for quite some time now. But look at it now and you’ll see a base that has formed that the stock is finally deciding to emerge out of. Does that mean you should buy it? Well, remember that it has earnings later this month
Knowing how to swing trade coil and momentum breakout plays is essential in learning how to trade stocks and trade them successfully. You'll learn where to place your stop loss on a coil trade and how I maximized my gains in Alibaba (BABA). The momentum swing trading setup comes following a big move, and a
My Swing Trading Strategy I did not add any new positions on Friday, but now with SPX having closed above key resistance, opens me up to additional long positions. Indicators Volatility Index (VIX) – Broke support at the 13.39 area, and dropped into the 12’s with Friday’s move. Good chance we could see a sustained