I receive a lot of questions about how and where to scan for stocks, so I decided I’d review one of my favorite scanning websites – Finviz.com. Cost As a new trader, keeping your expenses down is important: commissions, subscription services, taxes and software will all cut into your net profits. Several of those items, like …
Two weeks ago I received an inspiring e-mail from a fledging trader who felt lost because he had never traded in a downtrending market. He’d lost some money, but rather than giving up, he told me he resolved to figure this market out. This got me pumped because flight is not in his nature, he’s a …
Read morePaul Answers Your Questions: Swing Trading Webinar Q & A Follow Up
When you’ve taught as many students as I have, you start to notice patterns. There are several common issues and hangups that hold back new traders, slowing down their progress, and in some cases, ending their trader careers before they begin. If you are a new trader, or a struggling trader, step back …
Successful swing traders understand that not every bounce is the same. Some are bullish continuation patterns while others are short-able “dead cat” bounces. In today’s Free Intra-day Swing Trade Report originally sent to members, Paul Singh discusses the difference between the bounces in the commodity sector and FANG stocks (Facebook, Google, Amazon and Netflix). He also …
Read moreSwing Trading 101: Understanding the Commodities and FANG Bounces
We are all raised to think that ‘cheap’ is better than ‘expensive.’ This is reinforced daily, to a degree that you probably don’t even realize. Look through your mail, your email, the ads in your browser, the commercials on your television – how many of those involve some sort of sale, discount or price comparison? …
Slumps. Every trader experiences them. Nothing you do works, and it feels like you are only digging yourself deeper into a hole of bad trades and frustration. Like everyone else, I experience a slump once in awhile. Like losses, they are just a part of trading. You can allow yourself to become angry or depressed, but …