Author Archive

• Trading In A Choppy Tape
  TraderStewie, February 8th, 2010 at 11:28 pm, Comments: 0

  Today the market is very choppy obviously but made a decent day trade non the less and here’s how we played it.
  First of of all: What does CHOPPY action look like: It’s usually low volume up and down price action, usually in tight range action, no follow thru on breakouts, no follow thru on breakdowns. [...]

• How I Trade Momentum: Volume Is Your Friend!
  TraderStewie, January 7th, 2010 at 4:26 pm, Comments: 0

  Now, i am sure every trader has his/her definition of momentum or MOMO trading. Here’s mine:
  For me it’s simple: VOLUME VOLUME VOLUME!!!
  Every day during the trading session and after the market close, I scan for stocks that:
  1. Hit new 52 weeks highs.
  2. Percentage Gainers.
  3. Unusual Volume Gainers.
  These 3 scan criteria should point you to where [...]

• Trading Is 99% Mental
  TraderStewie, November 29th, 2009 at 1:54 am, Comments: 0

  Trading ruts are frustrating. They mess with you mentally and make you ‘feel’ like you are a terrible trader and that there’s no way out. How many of you felt like that? It’s safe to say that as traders we have ALL been thru these before.
  I have been full time trader for over 6 years [...]

• Trading Over Night Holds (ONH)
  TraderStewie, November 15th, 2009 at 7:18 pm, Comments: 0

  One of my favorite trades are Over Night Holds(ONH). Sounds like a swing trade but it’s NOT! It’s more like an overnight momentum play. I am looking for a stock that follows thru the following morning. If I am short an Over Night Hold then I am looking for a Gap Down or continued weakness [...]

• Trading HOLY GRAIL Patterns
  TraderStewie, October 29th, 2009 at 6:02 pm, Comments: 0

  I get questions all the time about the Holy Grail Setup: Well here it is explained and i’ll walk you thru it step by step.
  First of all The “Holy Grail” trade was originally described in Linda Bradford Raschke’s Street Smarts book. This setup is VERY easy and simple, it is very spottable, and occurs very [...]