This summer has been one of the best markets we’ve seen in years. Usually summer trading is slower with fewer opportunities. This summer has not been the case. Chinese IPO’s like IQ, HUYA, and BILI have offered monster opportunities consistently the past few weeks. In the trade recap below we will talk about how to …
You will never find trading success without using a trading journal. If you don’t document your trades, you will not be able to learn from your mistakes and grow. We thought it would beneficial to talk about how you should use a trading journal to find success. Here are 3 things new traders must track …
Opening range breakouts are one of the best setups for trading momentum stocks. I use this setup every week to get low risk, high reward plays on stocks that have huge explosive potential. Let’s do a walkthrough on how to trade opening range breakouts in momentum stocks like MOMO yesterday. What Is an Opening Range …
Read moreHow To Trade Opening Range Breakouts: $MOMO Example
Recent IPO stocks are the best kind of momentum stocks. IQ has been on the top of my watchlist since it IPOed in late March. In the BOWS chatroom we caught a great trade in IQ a few days ago, after it broke out of its flag pattern from the last couple weeks. Let’s talk …
We recently caught a great trade on CRSP in the BOWS chatroom. When trading momentum stocks like CRSP, you have to plan ahead in order to capitalize because the stocks move so fast. The trade also provided an excellent example of the importance of aligning breakouts on multiple time frames. Check out the CRSP daily …
Read moreCRSP Trade Recap: Trading Momentum On Multiple Time Frames
Volume is something you see mentioned everywhere in the trading world. But very few people explain how to interpret it, and what to actually look for. If you are wondering how to use volume in your trading to find the best momentum stocks, you should read this article thoroughly. It is a crucial variable for …
Read moreHow To Use Volume To Identify The Best Momentum Stocks