Category: Lessons

9:30 AM EST (6:30 PST) - 10:30 AM (7:30 PST) = More volume and volatility, market either goes up or down 10:30 AM (7:30 PST) - 11:00 AM (8:00 PST) = Less volume, volatitilty drops, often goes opposite direction as first hour 11:00 AM (8:00 PST) - 1:30 AM (10:30 PST) = Lunch hour plus time buffer, low volume consolidation and chop out sideways market action 1:30 AM (9:30 PST) - 2:00 PM (11:00 PST) = Breakout attempt of consolidation zone set during lunch hour 2:00 PM (11:00 PST) - 3:00 PM (12:00 PST) = Traders move up stops closer in anticipation of the last hour of trading where things get volatile 3:00 PM (12:00 PST) - 4:00 PM (1:00 PST) = Last "Power Hour" of trading. More volume and volatility, market either goes up or down.

The Best Times of Day To Enter a Swing Long Position

06/9/2018

In swing trading, your entry is everything. Your entry is the difference between a winning trade and a losing trade. Knowing what time of day is the best time to enter a swing long position will greatly improve your wins and trading profits. Certain hours during the day provide the best opportunity for entering a […]

Man smiling and pointing with fingers.

Finviz Stock Screener For Killer Setups

05/17/2018

Finviz is my favorite stock screener. Here is an awesome stock screen that you can use to find absolutely awesome stocks. Sign up for a free account on Finviz here. Set Market Cap at Small ($300 million to $2 billion), Sales growth qtr over qtr to Over 30%, Institutional Transactions to Over 50%, RSI 30 […]

Which Stock Should I Trade With Only $2,000 In My Trading Account?

01/29/2018

A common question I get asked by Premium members is which stock should be traded when the next trade absolutely has to be a winning trade. The answer is you want to trade a quality stock, not a riskier growth stock. About 80% of all stocks in the various portfolios will beat on their next […]

Picture of young woman thinking and pondering while touching chin.

A Quick Guide To Penny Stocks for Dummies

11/26/2017

It is imperative to understand the basics of penny stock trading before actually taking the plunge. If you are new to trading penny stocks and could use some pointers to help you along the way, then this quick guide to penny stocks for dummies will most certainly come in handy. Below are a few pointers […]

Surprised man

Money Making Stocks On Short Squeezes

11/16/2017

You probably have your criteria for what you like in a stock. You know mine. Small cap stocks between $300 million and $2 billion market cap, beta greater than 1.5, price under $10, and volume greater than 1 million. But there’s one more level that you may not even know about. I’m talking about the […]

Many traders sitting in front of trading desks in institutional trading firm.

Swing Trading For A Living From Home

11/13/2017

How hard is it to swing trade for a living from home? Swing trading for a living is easier than you might think. Swing trading strategies are not hard but you need to know what the right tools are and how to use them. With active swing trading where you need a constant income coming […]

Drawing of shadowy Institutional traders in front of trading desks.

4 Weapons Of Institutional Traders That You Literally Cannot Hide From

11/7/2017

Battles have been won and lost simply on the ability of one side to hide really well. Even a superior enemy can’t take you out if they can’t find you (which is no coincidence why we are guerilla stock traders). Had the U.S. Army had Vietnamese seeking missiles, Vietnam would be a U.S. owned property. […]

Donchian trading system. If the confirmation day does not confirm and is instead a retracement day, the price will fall back below the 20 day moving average.

Donchian 5 20 System Applied To Stocks

11/5/2017

Richard Donchian created a system he called the Donchian 5 20 system in 1961. The system involves the use of the 5 day moving average and the 20 day moving average. Donchian believed that the 5 and 20 day moving averages have a special relationship because there are about 4, 5 day periods in a […]

Joseph Nemeth lecturing to people who attended his trading seminar.

Heikin-Ashi Candlestick Charts Rock For Swing Trading

11/5/2017

Heikin-Ashi candlesticks are awesome for timing swings and trend changes. Heikin-Ashi candlesticks are a variation on traditional Japanese candlestick charting. Instead of using the open, close, high, and low prices to draw the bar, the Heikin-Ashi candlesticks are drawn using the following formula: Open = [Open (previous bar) + Close (previous bar)]/2 Close = (Open+High+Low+Close)/4 […]

Light commitments are advised

The Secret To The Donchian System For Fast Profits

11/5/2017

Richard Donchian was a futures trader, that’s credited with creating the popular Donchian Channel Indicator. Richard Donchian is recognized as the father of trend following. The Donchian Channel is formed by taking the highest high of x length of time, and the lowest low of the same x number of days, then marking the region […]