Trading part-time while working a demanding 9-5 job is a daunting challenge that many have tried but few master. I am a professional full-time trader who built his account from nothing by part-time swing trading, so I am often asked how I did it. How did I trade part-time while working a demanding 50 hour …
Read more10 Days To Master Part-Time Swing Trading Challenge (Day 1)
Opening range breakouts are one of the best setups for trading momentum stocks. I use this setup every week to get low risk, high reward plays on stocks that have huge explosive potential. Let’s do a walkthrough on how to trade opening range breakouts in momentum stocks like MOMO yesterday. What Is an Opening Range …
Read moreHow To Trade Opening Range Breakouts: $MOMO Example
Recent IPO stocks are the best kind of momentum stocks. IQ has been on the top of my watchlist since it IPOed in late March. In the BOWS chatroom we caught a great trade in IQ a few days ago, after it broke out of its flag pattern from the last couple weeks. Let’s talk …
One of the biggest causes of failure for new traders is not being able to maintain a positive expectancy with their trading. Most traders can pull together a good week or even a green month. But most fail to be able be profitable over a longer period of time. This is often the result of …
We recently caught a great trade on CRSP in the BOWS chatroom. When trading momentum stocks like CRSP, you have to plan ahead in order to capitalize because the stocks move so fast. The trade also provided an excellent example of the importance of aligning breakouts on multiple time frames. Check out the CRSP daily …
Read moreCRSP Trade Recap: Trading Momentum On Multiple Time Frames
Volume is something you see mentioned everywhere in the trading world. But very few people explain how to interpret it, and what to actually look for. If you are wondering how to use volume in your trading to find the best momentum stocks, you should read this article thoroughly. It is a crucial variable for …
Read moreHow To Use Volume To Identify The Best Momentum Stocks