Kunal Desai We don’t see these types of trades often, but when we do, they’re easily our biggest account builders of the month. We traded a biotech stock called ANAB. Lately there has been a lot of buzz in the biotech sector. This indicates that the sectors are currently being rotated and a lot of investors are …
Read moreTrading IPO Breakouts: The Factors Needed For The Perfect Storm
Fear is responsible for around 90% of the mistakes new traders make. Fear will usually manifest itself in three different forms in trading: Fear of losing money, fear of missing out, and the fear of uncertainty. Here are three ways you can combat these fears to help you take your trading to the next level. …
Without a proper plan, trading is a tough game. But when it’s treated as a job, like being a doctor or a lawyer, the finish line to success can look a lot easier. Here are 7 hacks all traders should use to start winning as a trader faster. 1. Focus on Your Key Setups As …
Momentum stocks will often have follow through momentum in the following days after a big breakout/ breakdown with the right catalyst. However, you don’t want to blindly buy and short an in play stock from the previous day. Here are 3 steps you should use to evaluate the probability of a stock having follow through …
Trading stocks reacting to news without reading it? Seems like a weird thing to do but let me explain. Our bread and butter is trading momentum stocks, especially those that get hit with news. We took a trade today in SHOP that got rocked after some news hit the market. The actual content of the …
Risk management is an essential component of any successful trading strategy. Small losers are just as important as the big winners on the path to becoming a consistently profitable trader. Effective risk management cannot happen unless you are comfortable losing the money you plan to risk. Newer, under capitalized traders are especially prone to inappropriate …
Read moreRisk Management: The Importance of Sizing Your Trading Positions Correctly