Free stock picks for 02/17/2012
Thursday action confirm in how whippy, indecision market we are. Even strong intraday pace with biggest volume last week's wasn't reason to keep bulls aside and all back and break above Wednesday high. I hope you all understand why I repeat and repeat that we need to use proper risk, especially for swing trades. It is much easier for scalp traders, but despite I will post them in the room, I'm not good with that and my occupation will stay same and that is to find good intraday 15/60 min setup with good swing odds what could increase reward. At Monday market is closed and I believe that could be reason for declining volume after first 90 min so please keep that in mind. Here is example of watch list what I send to my members and if you like it and if you like to see our live trading room I invite you to join us.
In a period from 27th February to 12th March you can try our LIVE TRADING ROOM for 15 days WITHOUT CREDIT CARD REGISTRATION contact us to: firstname.lastname@example.org and we will create your account for our LIVE TRADING ROOM
Benefits of Trading Room:
- Real time entry, stop and a possible target for each potential trade idea.
- Market analysis and risk management in real time.
- Members are able to post trading question regarding potential trades or just to augment their education.
Don't miss this unique opportunity, contact us and request FREE access to our LIVE TRADING ROOM (value $99)
Contact email: email@example.com
For any questions feel free to ask
Trader and Founder
The primary focus of my service is to find Swing Trades. I look for intraday setups that have a potential to become swing trades. Since my membership is diverse I do post additional ideas (day trades, position trades and scalp trades). It is up to you to decide which trades are appropriate for your trading style. I do NOT personally take every trade. Your success depends on YOU taking trades you understand and like. I am always available to contact for additional trade explanation.
TRADING THE OPEN
During normal market conditions our regular setups generally do very well regardless what time they are taken. Trading right at the open always adds risk. It is recommended that new trades not be taken for the first 5 minutes the market is open. I will treat each new trade that sets up during this time as a gap trade and wait till the stock comes back and takes out its 15 minute high or low.
Trading is risky. It is our job as traders to reduce this risk and increase our chances of success.
IMPORTANT: Take only the opportunities that you really like and understand. Always enter a trade with a trading plan. If you have any questions, please feel free to ask me. There is a much greater chance of success in your trading if you understand the trade. That is very important. Taking just a few trades is enough to be a successful trader. Overtrading is probably the number one reason new traders fail. I personally mostly take swing trades. Please remember to keep that in mind!!!!!!!!!!!!!!!
If you have any questions, please feel free to contact me.
Good luck trading today!