Category: Lessons

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Finviz Stock Screener For Killer Setups


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 Read More »

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


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. The first thing you want to do is to find the quality stocks. Quality Read More »

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A Quick Guide To Penny Stocks for Dummies


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 Read More »

Surprised man

Money Making Stocks On Short Squeezes


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 Read More »

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

Swing Trading For A Living From Home


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 Read More »

Drawing of shadowy Institutional traders in front of trading desks.

4 Weapons Of Institutional Traders That You Literally Cannot Hide From


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. Read More »

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


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 Read More »

Joseph Nemeth lecturing to people who attended his trading seminar.

Heikin-Ashi Candlestick Charts Rock For Swing Trading


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 Read More »

Light commitments are advised

The Secret To The Donchian System For Fast Profits


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 Read More »

Tick chart

Institutional Buying and Selling Chart Called the TICK


The institutional buying and selling chart called the TICK lets us intelligently speculate on what institutional traders are doing. Institutional trading is highly secure and is a very guarded secret among institutional trading firms. The best amateur traders can do is to speculate on what institutional traders might be doing. Trading volume normally will spike Read More »

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Stock Screener For Pocket Pivots and Positive Divergences


I created a stock screener you can use to find pocket pivots and positive divergences between large players volume and stock price. The goal of this stock screener is to get ahead of big moves in stocks by finding ones that are chopping out or trading sideways while the large players volume and Twiggs Money Read More »

Lance Jepsen giving fist pump

Are You Trading In Your Comfort Zone?


Taking money from other people is a hard skill, particularly when everyone is trying to take money from you… Is your comfort zone holding you back as a trader? As James Altucher told me, it doesn’t matter what age you are: 20, 40, 60 or 80: you improve and enjoy life when you dive into Read More »