I made a great short in the oil stock $WLL on Tuesday using the Parabolic Short Setup! This is one of my favorite day trading setups. If you’re going to day trade, having a toolbox of trading techniques and strategies is vital. As you can see in the image of my Profit and Loss screen below, …
The parabolic short setup is might be the most profitable swing trade setup in my arsenal, but it can crush your account if you do not know how to trade it. Don’t worry, I’m going to talk you through exactly how to make killer profits trading this aggressive setup. In today’s video, I go over …
Read moreAnatomy of a Winning Parabolic Short Swing Trade: FCX
How to Use a Trading Simulator You will hear a variety of opinions about how useful it is to use a trading simulator – also called ‘paper trading’ – in the day and swing trading communities. Some trading authorities say that a trading simulator is essential, and that to begin trading without spending significant time on one …
I am really excited about this guys and gals. Recently we rolled out a brand spanking new web design that not only looks pretty, it’s added some fantastic new features. Specific to the Swing Trade Report, we now have a new Swing Trade Dashboard. It is still in development and we’ll be adding some cool …
I receive a lot of questions about how and where to scan for stocks, so I decided I’d review one of my favorite scanning websites – Finviz.com. Cost As a new trader, keeping your expenses down is important: commissions, subscription services, taxes and software will all cut into your net profits. Several of those items, like …
Two weeks ago I received an inspiring e-mail from a fledging trader who felt lost because he had never traded in a downtrending market. He’d lost some money, but rather than giving up, he told me he resolved to figure this market out. This got me pumped because flight is not in his nature, he’s a …
Read morePaul Answers Your Questions: Swing Trading Webinar Q & A Follow Up