Kunal Desai We’ve been stuck in a tight trading range lately, so a lot of stocks aren’t moving very much. But the great thing about the momentum stocks I most like trading is that they aren’t dependent on the overall market being volatile. Instead, these stocks experience a fundamental catalyst, like some important piece of news or …
Charting Platform Review As technical traders, we live and die by our charts. Having charts that look clean, are easy to read, and have all of the indicators and tools you need is essential. A good charting platform will save you time and allow you to focus on pattern identification. There are many great options …
5 Simple Rules for Risk Management Successful traders are adept risk managers. Full stop. You can be a lazy scanner and a mediocre technical analyst and still make money day trading. But if you are an undisciplined risk manager, you can’t compensate for it with scanning or technical analysis. Here are five simple rules to guide …
How to Day Trade Reversals Today, I made a solid trade in $CLVS that I want to talk to you about, as it provides a great lesson in how to day trade reversals. The stock has been running up for quite some time and has become increasingly extended. The first challenge with this type of …
Read moreHow to Day Trade Reversals around Resistance Levels
Trading the PR Breakout When traded correctly, the PR breakout is a powerful setup. Like an earnings breakout, it combines a fundamental catalyst with a strong technical pattern. IPOs are a particularly profitable subset of this group; there’s always excitement surrounding recent IPOs, as everyone wants to get in on the ground floor with the …
Flat day in the stock market today. That seems to be the norm the range has been very tight for weeks now. But we are starting to peak out of some ranges in many stocks. $amzn $nflx $fb all looked good for some day trading today breaking out to highs. We want to see money …