Learn Swing Trading
The TAZ Trader Blog
The TAZ Trader Blog
Nov 4th
I remember when I first started trading.
I read books that said you should “pick your main time frame and then look at the time frame above it and the time frame below it”. So, for example, a swing trader would pick the daily time frame as his main time frame. Then, he or she would pick the weekly (above) and some intra day time frame (below).
A day trader might use the 5 minute time frame as the main time frame. Then look at the 15 minute (above) and 1 minute (below) time frames.
This is a nice theory but I have a problem with it.
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: