YouTube Live On Now: How I Traded BCC from $480 To $800+ 

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Bulls on Wall Street: Stop Guessing. Start Trading.

Winning Reversal Trade

The Reversal Trade

I've said it before and I will say it again, 2017 is all about big tech. Everybody knows this. We can easily see that Facebook, Amazon, Google, Netflix, Tesla and Apple have all put in monster gains since the beginning of the year.

So why are so many traders still trading poorly?

It's because they do not fully understand how to apply the many different setups they have studied to these momentum stocks.

Knowledge acquisition does not equal trading profits.

To win as a trader, not only do you have to know a setup inside and out, more importantly you need to know when to trade that specific setup.

Much like a carpenter would not use a screw driver to hammer a nail, a trader isn't going to pull out a breakout setup from his tool belt in a bear market.

When it comes to big tech, 2017 has been all about continuation patterns, remounts, pullbacks and reversals.

Our Facebook trade is a textbook example of all four of these setups aligning for a fantastic 5 day swing trade that netted close to $1500 on minimal risk.

The Facebook Trade and the 6 Key Things You Will Learn

In today's video, I show you the exact process we used to trade the reversal trade in Facebook. This was a trend continuation stock that pulled back hard off a gap down after hitting highs. The specific setup is the gap reversal trade.

Specifically, you will learn how to identify:

  1. Momentum stocks
  2. Continuation patterns
  3. Remounts
  4. Reversals
  5. Manage Risk
  6. Place logical targets

Swing Trade Service

This swing trading service is great for those that work and can't monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.

Check out the Swing Service HERE

Follow me, Paul Singh AKA "TheMarketSpeculator" on Twitter or email me at SinghJD1@aol.com.

About Paul Singh

Paul runs the popular Bulls Part Time Trader service. An experienced swing trader, he’s taught many subscribers how to make money trading while still holding a full time job.

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