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trading strategies

Trading Strategies

How to Stop Worrying and Start Raking It in This Month

By , Money Morning - • Print | Email

No matter how tempting it might be to try and jump on stocks in the news, the truth is trading the headlines won't get you very far.

Frankly, it can even put you behind – I'll share a horror story in a minute.

I understand how tough it can be. How often do you find yourself watching the news and all of a sudden, you see some story on a stock you own? Whether it's good news or an "uh-oh" moment, you get the urge to pop online and check your positions.

If you resist the temptation, good – that's the right move, and I'll show you why in a second. Otherwise, you might run in and make a buy or sell decision… in a rush, in an emotional state. That never really ends well.

Turns out the smart thing to do is actually pretty simple… Full Story

Turns out the smart thing to do is actually pretty simple...

Trading Strategies

How to “Fix” a Trade That’s Moving Against You

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

Let's be honest: We've all broken something, whether it's a favorite coffee mug, a bicycle, a window, a computer, a car, a toy – anything.

Me? I'm usually inclined to try to fix whatever it is before I throw in the towel and replace it.

What a lot of folks don't realize is that trading stocks is the same way.

Now, sometimes there's no fixing it, and you've got to close out a position with a loss. It helps me to think of it as paying for a lesson.

But more often, you can quickly fix that trade and walk off with profit in your pocket – and, of course, the satisfaction of a job well done.

Here's how… Full Story

Here's how...

Trading Strategies

My Favorite Medieval Italian Guy Likes These Stocks Now

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

As I predicted last month, September's been a volatile, "down" month. In fact, the big indexes are on pace to turn in the worst September results since 2011.

But, like always, there are some juicy opportunities in all that volatility. Volatility's always a trader's dream, because a stock's got to move – up or down – for us to make money. The more the price moves, the better.

Right now, I'm going to show you an old – as in, 800 years old – method you can use to spot stocks that are about to move, and how to work out how far they're likely to go.

That's not only a huge factor in spotting stocks you might like to buy and hold at a good price, but it can also help you find when and where to move in your trading…

Let's get started… Full Story

Let's get started...

Trading Strategies

Double Your Chance to Profit with This Two-Week Trade

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

The markets seem to signal another February-sized correction.

Add in COVID-inspired economic conditions and there's a good chance stock portfolios may see another 35% drop.

But while most investors worry or run for the hills, our Tom Gentile expects nothing but profits.

Should the markets go red, Tom's going to show you how to double your chance to make money…

Read more...

Trading Strategies

How to Protect Your Hard-Earned Money with Options Right Now

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

A UBS study not long ago polled 3,750 investors, and 81% are predicting another market crash before the end of the year. The average drop of the predictions? Thirty-five percent.

Now, I'm usually not one to run with a crowd, but in this case… Well, even the most bullish optimists out there in Sunshine Town have to admit, the risks are there, and they're pretty easy to see.

We've got a potentially chaotic, drawn-out presidential election in November, which is right around the time experts agree cooler weather could bring worse COVID-19 outbreaks. We've got tensions with Iran; China and India have a bone to pick with each other, too. And, any given hour of the day or night, a provocative tweet from the White House could upend any and everything, really.

The 10% dip the Nasdaq took last week could be just an appetizer. Any one or a combination of those things could send stocks tumbling just as low, or lower, than we saw in March.

Look, I'm not saying this to spoil your good time. And I'm not saying it's time to head for the hills – not by a long shot.

But it is the perfect time to look at some inexpensive and, in some cases, potentially very profitable ways to fortify our portfolios and any long-term positions we might like to have on.

These moves will work if we have another crash, but they'll also pay off if we get another big gap downward like last week's, which could be even be more likely than a flat-out crash.

Here's what to do… Full Story

Here's what to do...

Trading Strategies

How to Use the "24/5" Market to Get Tomorrow's Stock Prices Today

By , America's No. 1 Pattern Trader, Money Morning • @powerproftrades - • Print | Email

Hey, who wouldn't love to have a trading and investing crystal ball?

Something that could tell you the stock that's trading at $7.98 today will open higher or lower the next day, the next week, the next month.

I'm here to tell you that you can come pretty close to doing just that. It works for entire indexes, too. Anyone can see where the S&P 500 closed on any given Wednesday, but you can see how it's going to open the next day.

No need to keep a fortune-teller on the payroll, either. You can do it with free, public information.

I'm amazed more regular traders aren't looking at this. If they knew where to find this stuff and, more importantly, how to understand and use it to get in position to profit, I guarantee they'd use it.

Here's the "big secret"… Full Story

Here's the "big secret"...

Trading Strategies

"September Volatility" Can Be Extremely Profitable for You

By , Quantitative Specialist, Money Morning - • Print | Email

Lots of investors fear the "V-word"…

Go to Google News right now and search the terms "September volatility," and you'll see all kinds of scary words like "creeps," "warns," "trouble," "worried," and "flood" associated with it. And those are just the top three stories.

Investors are clearly worried about volatility, but I'll let you in on a little secret…

Every successful trader craves volatility. We need it. Have to have it. We welcome it with open arms; I'm practically licking my chops thinking about the big swings the VIX will see in the next three or four weeks.

It's not because I'm a glutton for punishment or an adrenaline junkie or anything like that. I'm looking forward to a volatile month because the inescapable fact is we need volatility to make profits.

See, "volatility" is just a fancy Wall Street word for "movement." Up and down; great big swings and sub-1% moves. That's all volatility is.

It makes perfect sense when you think about it: If stocks never moved, no one would make a dime in the stock market.

There's something that I want each and every person reading this to understand instinctively: Volatility is your friend.

Say it with me – three times, if you have to: "Volatility is my friend."

And, folks, all signs point to this welcome friend coming for a loooong visit to the stock market in September.

If you're prepared – armed – with what I'm about to share with you, you'll have a great, extremely profitable month… Full Story

If you're prepared - armed - with what I'm about to share with you, you'll have a great, extremely profitable month...