I often get asked about my intraday scanning routine. I thought I would address what I do in a blog to help some of you guys out. As you know, we trade a lot of momentum stocks in the Bulls chat room. The morning is jammed packed with trades that were on our watch list …
One of our members asked how to overcome a fear of shorting: Shorting is difficult for many people as it is counter intuitive trading. As humans, we like to buy and sell things – simple enough. Shorter is selling something you don’t own, hoping that you can buy it back cheaper. This does not …
I received an email from a member over the weekend asking a very good question regarding missed entry points. The question: I’ve been in the trading room for the past couple of weeks not mimicking trades simply trying to analyze why Kunal will take certain trades. I have a question on two different plays. If …
Read moreFinding Second Entry Points on High Probability Setups
One of our member asked when a trade is just a day trade and when its a swing trade. Swing trading is based on daily chart setup. We usually anticipate swing trade based on chart and price patterns via flag, ascending triangle, consolidation, flat top base etc. Swing long trades can be …
Do you struggle with feeling overwhelmed by the amount of charts you have to watch each day? Are you struggling with knowing which stocks should be your focus and which stocks are just distractions? (Hat tip to our member Ben Rodts for posting this question in our Google forum) Alot of new traders experience this problem, so …
$UNXL is a recent high-flying momentum stock that has been clobbered recently. It has come down from a recent high of $37.44 to $21.60 in 5 days. Indicators point to an oversold condition. Volume has been diminishing every day. Candles are becoming narrower. Narrow candles simply means reduced volatility after a big run up or down. This is …