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The smart way traders use Twitter: Getting past the love-hate relationship
As traders we all have a love-hate relationship with Twitter. If used correctly Twitter is a great tool for traders. The benefits of twitter include: Forging relationships with other traders thousands of miles away Learning from others Getting a feel for what sectors or stocks are hot Let’s use some…
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Chart of the day: GTLS
We have been swing trading the bottoming formation in commodities since December and now the formation has matured to the start of a possible trend move. GTLS is a good example of a commodity stock ready to start a momentum trend. It looks to have put in a bottom formation…
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The Power of One Winning Trade and Getting Your Mind Right
I am the worst trader in the world! I know you have said this to yourself before, or at least something close to it. I have. When do I say it? It’s always after a few losing trades. Yeah I know. You all think I’m an emotionless robotic…
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Stop gunning: The most frustrating aspect of swing trading
Here is a note I sent Trade Report members a few days ago related to “stop gunning”. I have received a few questions about TWTR this morning. Some of you set your stops around $45.70-90 and were stopped out. In today’s morning report I mentioned setting it around $45.50. It got…
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Chart of the day: GOOGL Revisited
As swing traders we often stalk a stock for days weeks or even months before entering. Why do we do this? In a universe of thousands of trading vehicles, there is no reason to rush or chase a stock. We have been watching Google for quite some time. Over on…
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Winning traders have a secret crystal ball: let me show you how to get yours
A winning swing trader must have that uncanny knack for predicting the future. Yes, the successful ones have a crystal ball that losing traders can not access. In this post I will share how to access it and more importantly, use it effectively. Did I have you going? No, there…
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The Next Explosive Bottoming Formation: Steel
Back in December we successfully identified and swing traded the bottoming formation in gold miners, followed by energy/oil/gas in early January. Often when one or two sectors show this formation, other related sectors will follow. Steel is showing signs that it is the next bottoming formation candidate. This sector does not…
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The $10,000 question: Why traders are hypocrites about trading goals and blow up their accounts
Most traders blow up their initial trading stake. Destroying that first trading account is a right of passage that every successful trader goes through, but few admit to doing. I don’t mind that it happened to me. I embrace it, I wear it on my sleeve. In fact, when I…
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The Common Sense Approach to Swing Trading Apple: A Measured Move
One of my favorite swing trade setups is the earnings breakout. I know, we have established that in post after post. What you guys really want to know is how does The Market Speculator plan to trade Apple! I’ve got your back fellow swing traders. Trading Apple, and making a…
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Essential Steps for Shorting SPY and The Stock Market
Shorting the stock market is never easy. However, the market often gives us clues that increase the probability of a successful trade. Two weeks ago we talked about those clues. How to identify a market short signal Since then the market made an attempt at remounting the 50 day moving…
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2 Smart Tips to Enter Pullbacks in Parobolic Breakout Stocks
Often with explosive stocks and leveraged sector ETFs like NUGT, pullbacks off parabolic breakouts can be volatile, and difficult to enter. So just how do we figure out our entry level? There are two ways to do it. The safe route is to wait for a confirmation move. For instance,…
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20 of your favorite swing trade stocks analyzed
Swing traders, it’s that time again! Every few weeks I ask you what stocks you guys are watching and would like me to analyze. I do this for four reasons: I want you to expand your knowledge base, and what better way to do that than by analyzing the stocks…
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How to identify explosive bottom formation breakouts
Every momentum stock starts from a bottom formation breakout. Back in November we started talking about Gold Miners as a potential bottom formation trade. Study this chart carefully and notice the positive volume as gold miners put in a bottom formation, the remount of the 50 dma and successful…
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My Best Swing Trade Posts and Tweets From Last Week
Let’s review the best swing trading videos, posts and tweets from last week.Posts: How to Identify and Trade A Market Short SignalYou must adapt to changing stock market conditions and how I almost killed my swing tradingcareerHow to trade the gold miner stock bottom formation breakoutVideos:Review of My Current Swing Trade…
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How to Identify and Trade A Market Short Signal
Swing traders need a basket of “goto” setups that can be applied to different markets. Two of my favorite are the breakout-remount and the breakout failure. Mr. Market, aka SPY, offered us a little of both a few days ago with a remount that failed. Notice in the chart above…
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You must adapt to changing stock market conditions and how I almost killed my swing trading career
An underrated but critical attribute of successful swing traders is the ability to adapt to market conditions. In the trading game, nothing lasts forever. The stock market is an organic beast that constantly changes conditions, and those that can keep up with the changes win. Markets trend, markets chop, markets…
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How to trade the gold miner stock bottom formation breakout
Swing Traders must be vigilant about sector rotation and money flow. Back in early December we started talking about gold miners as a bottom play in the Trade Report. Notice that as gold miners were at lows, positive volume outweighed negative. This was a clear signal that “big money” players…
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Chart of the day: VA
One of my favorite swing trade setups is the breakout-pullback setup. Recent IPO Virgin America broke out over it’s 5 week range and has now pulled back to the old high. This high converges with the new 20 day moving average, offering two levels of support. Entry in the $38-40 range,…
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Take Control of Your Trading in 2015
One of the toughest things to accept as a swing trader is the truth that we can do everything right and still lose on a specific trade. We are at the mercy of the market, no matter how much research we do or how strong our probabilities for success are.…
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The Best Market Speculator Posts of 2014
Let’s face it, as hard as we try we can not predict or control what life has in store for us. I went into 2014 starting my third year of full-time trading. My New Year goal was to continue to focus on my swing trading and nothing else. Little did…
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What does the weekly chart tell us about Tesla?
My default chart for swing trading is the daily chart, but often it pays to take a step back and look at the weekly. While the weekly chart will not give you a precise entry level, it does signal powerful clues about the stocks trend. Tesla recently pulled back 100…