In the last blog post I talked about what the pattern day trading rule is and how your account becomes flagged as a pattern day trader. Now that we know the big problems it can create for [...]
Back in 2001, the SEC instituted a new rule known as the “pattern day trading rule“. This was in the wake of the dot com bust and regulators felt it was needed to help ensure [...]
One thing I always do when swing trading is keep track of what is performing best in the current market. Its critical to review your trades to correct mistakes. Its also important to [...]
As a trader, its vital to see and understand the patterns that are working best in any market. And which are most likely to do well in the weeks ahead. We have to know our best entry [...]
One of the great aspects of our swing trading strategy is that it keeps you in cash until the price reaches a good technical entry point. Over the past 3 weeks, none of our top 2 [...]
Ahead of the election results, the market went sideways on very low volume. Afterwards, however, the major indices gapped much higher and then trended higher for the rest of the day. [...]
The High Tight Flag Video Course is Now Live! We just witnessed another breath-taking move out of a very bullish chart pattern – the high, tight flag. This time it was [...]
We recently launched the next video course in our master trader series. This course covers the most bullish consolidation pattern – the high, tight flag. We went back through [...]
3 weeks ago it was EGAN making a 40% move within a few days after reaching our entry point in a bull flag chart pattern – the strongest consolidation pattern. The week after [...]
Over the past few months we have been talking about the bull flag or “high tight flag” pattern as one of the best chart patterns and technical swing trading setups in 2018. [...]