I love patterns. Patterns are a large part of what I analyze when I’m looking for stocks to trade. There are countless types of patterns that traders look for, but there are three specific ones that I use frequently. I’ll share them with you and how you can use them in your trades.
Once you have your watchlist, there are still a few other pieces that you need to finish setting up your trading plan. Once you have your plan in place, you can trade with more confidence and be set up for success. So let’s get to it.
Trading is hard work. There are a ton of moving parts and keeping them all straight can be difficult! That’s why you need a trading plan. It will keep all the essential information you need at your fingertips so you can trade with confidence. Keep reading and I’ll show you how to set one up.
Yesterday, I dove into stock liquidity and why it’s so important to analyze before you begin trading. After my rant, you should have the importance of liquidity burned into your brain. So how do you find penny stocks that will be lucrative and have good liquidity?
The Coronavirus from the Wuhan province in China is beginning to spread and the market is reacting. I’m devastated to hear about all the deaths that this virus is causing and I hope that a cure is found soon. However in the meantime, there is a lot of action in the market that you can take advantage of.