Stock Trade Wiz
About Us|Contact Us|Sign Up|Login
Home Stock Trade Wiz Discussion Forum Stock Trade Wiz Question/Answer Stock Trade Wiz Blog Stock Trade Wiz The Learning Center Stock Trade Wiz Newsletters Stock Trade Wiz Stock Wiz Apps Stock Trade Wiz Contact Us

Stock Trader Wiz Forum – Traders of all levels sharing knowledge and ideas

Welcome to our learning forum! Please register in order to fully participate in the conversation. Only those who register can create new topics or post any comments. Share your knowledge and ask others to share theirs. Register Now!
Forums > Stock Traders Sharing Strategies Navigation:
If you can count to THREE, you CAN make money in stocks!

One of the simplest and easiest to understand techniques that I use on a daily basis is counting UP and DOWN days. It took me years to figure this out on my own, but a stock moving up (in an uptrend) will typically make its moves in a series of 3 to 5 up days, and pull back 3 to 5 days before before starting up again. So, understanding this simple technique, you can make quick decisions about whether to GET IN, GET OUT, or WAIT for the next opportunity. This doesn't apply when a stock is trading sideways. Use this technique when a stock is moving quickly. If you are lucky enough to be in a quickly moving stock on the first day, you can pretty consistently know that you are ok to stay with it for the next day or two before it reaches its near term peak. I will usually sell after the morning frenzy on the 3rd day up (usually around 10:00AM EST). Has this strategy worked for you? Do you have questions about how to apply it in your own trading?

Title / Thread StarterReplies/ViewsLast Post
Stock Trade Wiz
LATEST FORUM POSTS
Introducing new Newsletter Series
LIVE
GTN
EVC
Rinholdt's picks