Oct 24, 2015 : Strongly Trending Stocks

Oct 17, 2015 : Strongly Trending Stocks

Oct 11, 2015 : Strongly Trending Stocks

The fascinating world of Pit Trading

These videos give an insight into the world of floor traders trading futues.
Enjoy,
Sanjoy
DreamTai Stock Trading Software
http://www.dreamtai.com

Video by Dr. Brett Steenbarger - Improving Trading Performance

Here is a good trading video by  Dr. Brett Steenbarger on how to improve your trading performance.












Enjoy this video.
If you want to read more articles from Dr. Brett, have a look at his website.

http://www.brettsteenbarger.com/


Sanjoy
DreamTai Stock Trading Software
http://www.dreamtai.com

New Stock Pick: ACAD

Here is a stock I am looking to buy.

Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.


2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.




I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

4 Billionaire Investing Strategies For Non-Billionaires

A number of other hedge fund billionaires have earned their fortune the old-fashioned way: through savvy stock picking.

Even mainstream investors like us can profit by learning from their approaches. Here's a look at four unique approaches they've employed to build their stock market riches. 

Click here to read....

http://www.businessinsider.com/4-billionaire-investing-strategies-for-non-billionaires-2013-9




 

Stock Pick Analysis: SNTS

Hi Traders,

Today, we will analyze the chart of SNTS.

I had purchased the stock at 23.89.

Here are the reasons I had purchased the stock.

1. The stock was in an uptrend. Notice that the stock is moving up in a smooth uptrend. What does that mean?
That means that the Big Boys ( Hedge funds, Investment Banks, Financial Institutions ) are acccumulating the stock.

2. The DreamTai Power Ranking was above three. That means that the Big Boys were buying the stock in LARGE VOLUME. The fact that they were buying in large volume means that they were dead serious about this stock.

3. The stock formed a  triangular wedge. This gives us a good opportunity to buy as soon as the stock goes above the wedge.
I got the stock at 23.89 right when it jumped above the wedge.

The stock reached upto 28 and then retraced back to 22.

I have already put a stop loss so I am not worried if it goes lower.


SanJOY

How to analyze a stock using Price Action Trading techniques

This video by Lance Beggs gives a top level view of the price action trading approach.

There are three steps:

1. Market Structure
2. Trend Analysis
3. Price Analysis

Price Bar Reversal Patterns Video Series

Here is a video series of Price Bar Reversal Patterns by Lance Beggs, who specializes in short time frame discretionary trading through price action methodologies.

He has done an amazing job in explaining all the Reversal trading patterns.

You can enjoy his articles at http://www.YourTradingCoach.com and his blog posts at http://www.YourTradingCoach.blogspot.com

Candle stick Pattern Analysis: Complete Video Series

Here is a video series of Candle Stick Analysis by Lance Beggs, who specialises in short timeframe discretionary trading through price action methodologies.

He has done an amazing job in explaining all the candlestick trading patterns.

You can enjoy his articles at http://www.YourTradingCoach.com and his blog posts at http://www.YourTradingCoach.blogspot.com

Stock pick analysis: LGF

Hi Traders,

Let us focus on this stock  LGF

It is a stock with a lovely trend.
Notice how it is moving up smoothly.

Reasons for purchasing:

1. It formed a triangular wedge formation.

2. The DreamTai Stock Trading Software Power Ranking was greater than three, which implies that there was a large buying volume.


I purchased 50 shares  at 28.44
The stock is still moving up smoothly.

It is a beautiful trade.  I wish all my trades were like this. :-)

Stock pick analysis: RM

Hi traders,

Let us focus on this trade:

Reasons for buying:

1. This stock RM was in a wedge shape triangular formation.

2. The DreamTai Stock Trading Software Power Ranking was greater than 3, which means that there was very high buying volume.

I purchased 120 shares of RM  at 25.49.
The stock went up to around 27 and faced resistance.
So, it went in a sideward trend.
Notice that the resistance area of 27 turned into support area later on.

After resting at this support area, the stock has again resumed its upwards journey.

The stock may face  resistance at the prior peak at 31-32 area.

As long as the stock is going upwards, there is no reason to sell.

Trade Analysis: APFC

Hi traders,

In this post, I wanted to share some of my trades along with a commentary on why I had traded these stocks.

I will focus on one of the trades I made: APFC.

Reasons for entering the trade:

Here are the reasons that I had entered the stock.

1. If you look at the chart, the stock is in a steady uptrend.
This is a very good sign. It means that the stock is being accumulated by the big boys- hedge funds, banks, financial institutions.

Note that it retraced for some days, a few times, but went back up immediately. This shows that it is a strong stock.

2. At the time of purchase, DreamTai trading software was showing that this stock had power ranking greater than 3, which implies that there was strong buying volume.

 3. The stock broke out of a triangular wedge formation.

4. The stock broke out of 30, which is a round number. Usually round number offer resistance and stocks bounce down from the round numbers.
You notice that there was a confluence of two factors: A triangular wedge and the round number, both of which could push the stock down.
But the stock was so powerful that it pushed through both these and bounced up.

I bought 60 shares at $29.60 for this stock account.

Trade Management:

I  have put a stop loss sell order for half of the position at $44.
And moving the stop order for the other half to breakeven..that is $29.60.

Why did I take $44? Because that is around 32.8% Fibonacci retracement from the bottom to peak.

What's next?

Who knows?.But  as traders, we have to be prepared for anything.

Don't be in a hurry to sell and take profits. Let the stock take its own time to go up.

Hope this posting is helpful.

Sanjoy

Multiple Timeframes Can Multiply Returns

In order to consistently make money in the markets, traders need to learn how to identify an underlying trend and trade around it accordingly. Common clichés include: "trade with the trend", "don't fight the tape" and "the trend is your friend".

Trends can be classified as primary, intermediate and short term. However, markets exist in several timeframes simultaneously. As such, there can be conflicting trends within a particular stock depending on the timeframe being considered. It is not out of the ordinary for a stock to be in a primary uptrend while being mired in intermediate and short-term downtrends.

Typically, beginning or novice traders lock in on a specific timeframe, ignoring the more powerful primary trend. Alternately, traders may be trading the primary trend but underestimating the importance of refining their entries in an ideal short-term timeframe.

CLICK HERE TO READ MORE.....





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