Tag Archives: stock trading basics

Swing Trading Filters for Finding High Momentum Stocks

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swing trade filters for high momentum stocks
The following stock filters or screens look for stocks that have seen recent momentum coupled with a long-term uptrend (or entering an uptrend). Not every stock on the lists is worth trading. We still need to manually go through the list and look for the right trades setups, but these stock screens are great at finding some big movers.  In the Stock Market Swing Trading Course, I lay out some of my favorite patterns that…

Trading Tips from Legendary Millionaire Trader Jesse Livermore

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millionaire traders
Lessons on what to do, and what not to do, from a trader that accumulated more than $100 million dollars in profit trading his own account…and then lost most of it. It’s 1929, and over the last 8 years the Dow average has seen an epic rise. Everyone wants to own stocks, and loose leverage requirements allow it. Stock loans reach $8.5 billion; more money than was in U.S. circulation at the time. In September…

Reducing the Risk of Catastrophic Trading Losses (It Happens! Are You at Risk?)

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GBPUSD flash crash on October 7, 2016
Risk management and/or stop loss orders aren’t always effective, which could mean bigger losses than expected. See why and how you may be risking more than you think. See real-world examples where short-term traders got annihilated. Then, see how to reduce the chances of it happening to you. This article is not intended to scare people away from trading. I trade and love it. Rather the article is intended to point out potential vulnerabilities in…

Quit Your Job to Day Trade? Steps and Expectations

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quit your job to day trade. What to expect.
Want to quit your job to day trade? It’s feasible, but go through these steps, and know what to expect, before you quit your day job. In 2005, fresh out of university, I saw a job posting from a day trading firm. With a fascination for the markets, I applied. Three interviews later I was given the opportunity to attend training. Most people that applied didn’t make it to training, and about 90% of those…

Learn to Swing Trade Stocks – 17 Video Course

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stock market swing trading course reversal example
Download the Stock Market Swing Trading Video Course. 17 videos that include stock market basics, as well as versatile strategies showing you how to swing trade the stock market efficiently and effectively whether prices rise or fall. Created by Cory Mitchell, CMT To read comments and testimonials, check out the Course’s permanent page. Below is the Course summary. The Stock Market Swing Trading Video Course provides everything new and experienced swing traders need to be…

Top Stock Screeners For Day Trading, Swing Trading, and Investing

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top stock screeners
Here are four of the top stock screeners, and how I use them, to find stocks for day trading, swing trading, and investment. Trading is a combination of applying a good strategy to a stock that will fully utilize the strategy. While a strategy may produce a profit in any old stock, it is far better to put in the time to find stocks that are more likely to give you the desired outcome from…

Day Trading With Less Than $25K – Loopholes and Alternatives

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day trading with less than 25K
To day trade stocks in the US requires maintaining a balance of $25,000 in the day trading account. There are alternatives, though. Day trading forex or futures requires less capital, and you can even day trade stocks with less than $25K if you know the loopholes or team up with a day trading firm.  Pattern Day Trading Rule The stock market is regulated, and therefore the people who trade it are subject to regulation. The…

What’s the Day Trading Success Rate? The Thorough Answer

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day trading success rate
Considering day trading, and wondering what the day trading success rate is? Here’s the thorough answer. Not general or contrived statistics, but rather the success (and failure) rates I witnessed while working at day trading firms from 2005 to 2010. I’ve also conversed with several other trading firm owners/managers on their success rates between 2005 and 2015. Numbers varied slightly but were in line with the day trading success rates I discuss below. In total,…