Here is a bounce trade that we did on $TASR yesterday. This is one of my favorite types of setups and one of the easiest to manage. You take a momentum stock that had a huge thrust higher and on its first sizable pullback to the 20 day moving average (DMA) we start watching it …
$FU is a Chinese, low float momentum name that went from $4.50 to $11.50 in two weeks. On Thursday, the stock finally showed some weakness due to some news. We shorted the stock on 09/26/13 at $10.55 as it broke the uptrend line and cover our shares at $9’s. The stock continued to go down …
Hey Guys! Chris Zielinski (@ckz8780) one of our star bootcamp students recently wrote a great blog post for us on trading under control and his suggestions based on his experience. Chris has really become a great trader and had huge success daytrading. He made over 5k last week alone largely due to mastering control of …
I often get asked about my intraday scanning routine. I thought I would address what I do in a blog to help some of you guys out. As you know, we trade a lot of momentum stocks in the Bulls chat room. The morning is jammed packed with trades that were on our watch list …
One of our members asked how to overcome a fear of shorting: Shorting is difficult for many people as it is counter intuitive trading. As humans, we like to buy and sell things – simple enough. Shorter is selling something you don’t own, hoping that you can buy it back cheaper. This does not …
I received an email from a member over the weekend asking a very good question regarding missed entry points. The question: I’ve been in the trading room for the past couple of weeks not mimicking trades simply trying to analyze why Kunal will take certain trades. I have a question on two different plays. If …
Read moreFinding Second Entry Points on High Probability Setups