FAQ
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Why should I pay for your service?
Not everyone can spend a full-time effort trading, and moreover, often cannot spend the time necessary to cull the universe of publicly traded stocks to find the best trade setups. For a very low cost, you get access to my very best trade setups which I spend many hours working in order to find. Quite simply, I can make finding great trade setups easy for you. |
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How is your service different from others?
I can’t claim to know about every other trade service out there (and I know there are some good ones), but what I can say is that my service is grounded in my work and life as a full-time trader and thus is based on real life work and success as a trader. An analyst that doesn’t trade probably won’t trade the ideas they’re selling to you. In my case, I trade the very same ideas I’m posting to my premium service. |
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Do you trade these same set-ups?
Absolutely yes! These represent my best trade setup ideas each day. |
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What is your overall trading style and trading philosophy?
I am a short-term technical trader – see a more complete description here. |
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Do you focus on trend trades or range trades?
I focus almost exclusively on trend trades, and all of the trades I offer in my premium service are trend-oriented trades. Range trades, based on my experience, are more sensitive to real-time market conditions that are not practical to convey to subscribers, and thus I don’t focus on those in my service – and in fact, rarely do in my own trading. |
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What criteria do you apply in deciding if a set-up truly represents a high-reward/low-risk trade opportunity?
There are many factors taken into consideration when determining if I like a trade setup and consider it truly high-reward and low-risk. Some of the basic elements include a risk-to-reward ratio of at least ~3 or better; the overall condition of the sector that a given stock trades in; the overall condition of the market; and the technical factors related to the stock itself, such as price, volume, support, and resistance. |
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What is the importance of having pre-determined price levels for entry, stop-loss, and exit?
In trading, one of the most important principles is controlling risk. Every trade that you enter should have a pre-determined exit point in case you are wrong and the trade doesn’t develop as expected. It’s important to understand that small losses won’t take you out of the game of trading, but big losses will, so you must always have a pre-determined stop loss level. In a similar way, you must have a price target in mind, and begin removing risk and taking partial profits as a trade moves in the anticipated direction, typically leaving part of the position on with a trailing stop in case it goes further in a favorable direction than you thought. And, the precision of the entry point is a key to minimizing risk and maximizing gain, so as traders we make every effort to enter a stock at precisely the right moment. |
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How many set-ups would typically be on the daily set-up sheet?
That will vary from day to day based on market conditions and the number of quality setups that I’m able to find. A typical range would be 2 to 5 trade setups on a given day. |
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Does the number of trade set-ups vary from day to day, and why?
It does vary, because the market changes every day and the way stocks trade and what their charts look like changes each day. What I attempt to do is find a few good setups each day and in doing so narrow our focus to the best available trades. |
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Are all trade set-ups of similar quality?
Not really, because not all charts look alike. However, I only post trades that show chart patterns that tend to indicate a greater likelihood of going the anticipated direction than not. In doing that, we’re tilting the odds in our favor, even if some setups are better than others. |
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Can you guarantee that there will be good set-ups every trading day?
No, but I will do my best each day to find the best setups I can and will post those setups at least 3 times per week, except in cases of extreme market conditions which make it impractical to rely on chart patterns for setup ideas. |
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Do you trade full time for a living?
Yes I do! But I also take 2-3 weeks off each year, during which I may or may not be in a position to post trade setup ideas, but will attempt to do so if circumstances allow it. |
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How much money do I need to trade the way you do?
As a general rule, the better capitalized you are (i.e., the more money you have to trade) the better; but, due to the intraday nature of part of my trading, the “Pattern Day Trader Rule” (FINRA (NASD) Rule 2520) applies which requires a minimum account equity of $25,000. You can read more about NASD Rule 250 here. |




