Learn Swing Trading
The TAZ Trader Blog
The TAZ Trader Blog
Aug 23rd
I follow a lot of blogs and I have discovered that breakout traders tend to make a common mistake. If they would avoid this one mistake, they might be able to consistently make money trading breakouts.
Take a look at the following scenario:
Aug 15th
Here are two traders.
One trades what he sees.
The other trades what she thinks.
Have a great week!
Aug 11th
I first learned about the stages that stocks go through from Stan Weinstein’s book, Secrets For Profiting in Bull and Bear Markets. This was a big turning point for me. It solidified in my mind that I had to buy stocks after a wave of selling had occurred – not before.
The concept is easy to understand. Stocks go through four stages:
Aug 1st
There are two types of entries that you can use to establish long or short positions: the standard entry and the aggressive entry. Let’s take a look at both and sort out the pros and cons.
The standard entry is described on my website in detail but it mainly consists of three candles. A swing point high (some traders call it a “pivot” high) consists of a high, a higher high, and then a lower high. A swing point low (or a “pivot” low) consists of a low, a lower low, and then a higher low.
This is much easier to understand by looking at a chart: