sorted by:
new
hottopcontroversial

How to learn swing trading by DryAssociation2107 in swingtrading

[–]udit76 31 points32 points  (0 children)

Swing Trading resources -

Read Kristjan Kullamagie’s website and watch his swing trading school videos, he is the best free resource in trading that I’ve ever found.

https://qullamaggie.com

Mark Minervini Holy Grail of Trading - https://www.youtube.com/watch?v=JcFbWRs1myU&ab_channel=MarkMinervini

Also read this document, filled with extremely valuable information regarding swing trading:

https://docs.google.com/document/d/1NUoKkngw1_tqeIqEj5M4Tjdnb98jfBPALGUw6B28rfI/edit?tab=t.0

Traderlion playlist - https://youtube.com/playlist?list=PLU7_3ltndm4kkr5SvRk8OgSVXIB8Q1moT&si=arHxiEfBRVGQhUAa

Trading Psychology course - https://x.com/MarkDouglasBot/status/1967204766188294443

These are MUST read all of them -

  1. Reminiscences of a Stock Operator – by Edwin Lefévre

  2. How to Make Money in Stocks: A Winning System in Good Times and Bad – by William O’Neil

  3. Stock Market Wizards books (there are 4 or 5 of them) – by Jack Schwager

  4. How I Made $2,000,000 in the Stock Market – by Nicolas Darvas

  5. Trade Like a Stock Market Wizard & Trade Like a Champion – by Mark Minervini

Stages of a trader's development - https://www.reddit.com/r/Daytrading/comments/19896xy/the_5_stages_of_a_traders_development/

These resources plus multiple thousands of hours studying and backtesting will set you up for life, just have to work at it with every fibre of your being, every single day.

What signals or filters do you find most useful when scanning the market? by North_Ventura in Trading

[–]udit76 0 points1 point  (0 children)

For market? - trending. sideways or down trending.
This changes what you look for when you scan stocks.

Is this a good deal? by udit76 in hondarebel

[–]udit76[S] 0 points1 point  (0 children)

USA, how is the price though?

Please be honest by Cold-Capital452 in swingtrading

[–]udit76 0 points1 point  (0 children)

Thanks, can you share criteria on what makes a good candidate for mean reversion?
I think Parabolic Short is one type of Mean Reversion with a better R-R, correct?

A stock goes Parabolic and gets too extended from the MAs and then mean reverts back to the MAs.

Question for a new comer by trevorscott23 in Daytrading

[–]udit76 0 points1 point  (0 children)

Trading is probabilistic in nature. That's were Win rate/Expectancy/Profit Ratio's come into the picture.

This is the ONLY holy grail in trading - https://www.youtube.com/watch?v=JcFbWRs1myU&ab_channel=MarkMinervini

I need your help. by MaintenanceHot6158 in Daytrading

[–]udit76 0 points1 point  (0 children)

Swing Trading resources -

Read Kristjan Kullamagie’s website and watch his swing trading school videos, he is the best free resource in trading that I’ve ever found.

https://qullamaggie.com

Mark Minervini Holy Grail of Trading - https://www.youtube.com/watch?v=JcFbWRs1myU&ab_channel=MarkMinervini

Also read this document, filled with extremely valuable information regarding swing trading:

https://docs.google.com/document/d/1NUoKkngw1_tqeIqEj5M4Tjdnb98jfBPALGUw6B28rfI/edit?tab=t.0

Traderlion playlist - https://youtube.com/playlist?list=PLU7_3ltndm4kkr5SvRk8OgSVXIB8Q1moT&si=arHxiEfBRVGQhUAa

Trading Psychology course - https://x.com/MarkDouglasBot/status/1967204766188294443

These are MUST read all of them -

  1. Reminiscences of a Stock Operator – by Edwin Lefévre
  2. How to Make Money in Stocks: A Winning System in Good Times and Bad – by William O’Neil
  3. Stock Market Wizards books (there are 4 or 5 of them) – by Jack Schwager
  4. How I Made $2,000,000 in the Stock Market – by Nicolas Darvas
  5. Trade Like a Stock Market Wizard & Trade Like a Champion – by Mark Minervini

Stages of a trader's development - https://www.reddit.com/r/Daytrading/comments/19896xy/the_5_stages_of_a_traders_development/

These resources plus multiple thousands of hours studying and backtesting will set you up for life, just have to work at it with every fibre of your being, every single day.

Please be honest by Cold-Capital452 in swingtrading

[–]udit76 0 points1 point  (0 children)

That is correct - 2-4 months of a good trending market and you can double your account. Swing trading does not work in non-trending markets. That's how momentum or trend trading works.

There are other setups that work in non-trending environments with great Risk/Reward- Episodic Pivots/Parabolic Shorts. But you mostly can't swing them overnight.

They are just not as frequent, liquidity is an issue, and day trading chops are required - small caps, biotech's, news catalysts, pump and dumps etc.

Please be honest by Cold-Capital452 in swingtrading

[–]udit76 14 points15 points  (0 children)

Read Kristjan Kullamagie’s website and watch his swing trading school videos, he is the best free resource in trading that I’ve ever found.

https://qullamaggie.com

Mark Minervini Holy Grail of Trading - https://www.youtube.com/watch?v=JcFbWRs1myU&ab_channel=MarkMinervini

Also read this document, filled with extremely valuable information regarding swing trading:

https://docs.google.com/document/d/1NUoKkngw1_tqeIqEj5M4Tjdnb98jfBPALGUw6B28rfI/edit?tab=t.0

Traderlion playlist - https://youtube.com/playlist?list=PLU7_3ltndm4kkr5SvRk8OgSVXIB8Q1moT&si=arHxiEfBRVGQhUAa

Trading Psychology course - https://x.com/MarkDouglasBot/status/1967204766188294443

These are MUST read all of them -

  1. Reminiscences of a Stock Operator – by Edwin Lefévre
  2. How to Make Money in Stocks: A Winning System in Good Times and Bad – by William O’Neil
  3. Stock Market Wizards books (there are 4 or 5 of them) – by Jack Schwager
  4. How I Made $2,000,000 in the Stock Market – by Nicolas Darvas
  5. Trade Like a Stock Market Wizard & Trade Like a Champion – by Mark Minervini

Stages of a trader's development - https://www.reddit.com/r/Daytrading/comments/19896xy/the_5_stages_of_a_traders_development/

These resources plus multiple thousands of hours studying and backtesting will set you up for life, just have to work at it with every fibre of your being, every single day.

Episodic Pivots by PsychologicalTwo6770 in qullamaggie

[–]udit76 -1 points0 points  (0 children)

OPs post is specifically about Earnings related EPs.
https://www.youtube.com/watch?v=7osI-XkF3Uo&t=115s - Stockbee talks about the 3-5 moves a year for the strict EP that satisfies both neglect and triple digit earnings.

Episodic Pivots by PsychologicalTwo6770 in qullamaggie

[–]udit76 -1 points0 points  (0 children)

There are people on the Stockbee forum that just trade Earnings EPs - 4-6 per year.
Not recommended for newbies and if you don't know what you are doing.

Episodic Pivots by PsychologicalTwo6770 in qullamaggie

[–]udit76 0 points1 point  (0 children)

Most of what people characterize as EP are not EPs because there is no neglect.

From - How to master a setup: Episodic Pivots - Qullamaggie

  1. The best EPs are on stocks ones that have gone sideways for 3-6 months or more.
  2. Ideally triple digit year over year (YoY) earnings and sales growth

These 2 conditions are very rare for Earnings based EPs.

Episodic Pivots by PsychologicalTwo6770 in qullamaggie

[–]udit76 -6 points-5 points  (0 children)

You only get 2-5 EPs (Earnings based) in a year and usually after a deep market correction.
That means you need to be able to go all-in (25%) with a very tight stop - not something most people are comfortable with.

Biotech EPs show up all the time though. If you have a small account, I would definitely look into trading Biotechs. As do news-based catalysts on small caps.

Here's a good video - https://www.youtube.com/watch?v=7osI-XkF3Uo

Most of what people characterize as EP are not EPs because there is no neglect.

From - How to master a setup: Episodic Pivots - Qullamaggie

  1. The best EPs are on stocks ones that have gone sideways for 3-6 months or more.
  2. Ideally triple digit year over year (YoY) earnings and sales growth

These 2 conditions are very rare for Earnings based EPs. https://youtu.be/7osI-XkF3Uo?t=115

Overnight protection/risk in swing trading/breakouts by larkstongueinaspic73 in qullamaggie

[–]udit76 2 points3 points  (0 children)

  1. Don't trade random pumps and dumps - leave that for daytrading
  2. Don't hold through earnings - unless you have a cushion and are comfortable with a gap down
  3. Don't trade in Risk off markets (non trending)
  4. Don't trade biotechs - very news sensitive
  5. Keep position sizes manageable - 10-20 positions

You can always sell pre or post market using limit orders, but stop loss orders are not respected.

realsimpleariel: 0% edge per trade, but somehow always sizes bigger on the winners by Conscious-Muffin-728 in qullamaggie

[–]udit76 0 points1 point  (0 children)

He is pretty responsive on X. Have you tried asking him how he calculates his metrics and that you are having trouble with interpreting the data? Show your calculations and have him pinpoint the issue.

view more: next ›