Steps in trading
stocks or options.
A trading coach
or mentor teaches you
trading skills to profit
in bull or bear markets
|
Trading the stock
market in four
easy
steps.
|
WallStWise.com
772-228-8022
Contact
|
Linked to you
one-on-one
on your pc - it's like
sitting beside you!
|
FREE
"Trader Thoughts"
Ask
for it
here.
Daily pre & post-market
commentary
and
outlook.
You will need a
a trading coach.
Believe that if you
believe nothing else. |
|
|
|
|
|
TRADING
STOCKS AND OPTIONS IN 4
EASY STEPS
Looking for an easy
way, a free way? There is no easy way
and there is no free way.
There is only knowledge and lack
of knowledge in the market.
Wait until
you see what ignorance in the market will
cost while you learn the
hard way.
Save
time,
money, and
lots of
frustration, get a trading coach.
772-228-8022
You can
read books, study this site,
attend expensive & useless 3 day seminars...
YOU WILL STILL NEED A
COACH TO SORT IT ALL OUT. |
|
|
1...Search |
Broad Market
|
Sectors
|
Industry
|
Trade Decision
|
|
Study the
Environment
|
short and long term trend of the S&P500,
Nasdaq, the Dow?
why are the markets behaving that way?
Check
economic calendar for up coming
releases-
|
which
sectors are moving the broad
markets?
in a trending market there is always
leadership that rotates over time.
|
which
industries
are leading the way?
|
trade the stock or the
option?
go long or short, buy a call or a put?
maybe
a
futures
contract?
do I hedge my trade?
|
|
|
|
|
|
|
|
2...Analyze
|
Scanning
|
Watchlist
|
Fundamentals
|
Technicals
|
|
Find a
Trade
You now
know the market conditions. Now you need
a stock to trade. We find it by
scanning the sectors and industries.
|
do a general scan
to find candidates
in the sector pushing the broad market
up or down.
which industries in that sector is
pushing the sector up or down?
which companies in those industries have
the best looking overall chart?
are the odds in my favor?
|
create a bullish
and a bearish watchlist of
stocks picked by your review of the
environment above
|
if the fundamentals of the company are
strong and the chart is positive you
have a higher probability
of success.
off-chart checklist
|
what is the chart telling you to
anticipate next and how strong are the
odds and probabilities?
chart checklist
|
|
|
|
|
|
|
|
3...Act |
Entry Price
|
Risk/Reward
|
Exit Strategy
|
Buy or Sell
|
|
We know which one we want. Do
we wait for a sale, or do we pay the
going price? We put together a plan, a
strategy, that will get us our best
price. We execute the plan. |
where does the candle action of the
daily, hourly, 15 and even 5 minute
chart suggest as a good entry point?
Check
economic calendar for up coming
releases.
Check current news on your stock...any
changes?
|
if I enter at this price level, how much
would I make until the stock hits its
next level of resistance (if long) or
support level (if short)?Is it worth my
3% risk?
where does the candle action of the
daily, hourly, 15 and even 5 minute
chart suggest as a good entry point?
|
where does the candle action of the
daily, hourly, 15 and even 5 minute
chart suggest as a good exit point...at
resistance or support?
|
Pull the trigger- do it. You
are not going to make money unless you
are in the
market! |
4...Buy/Sell
Did you win? Did you lose? Move on to your next trade.
Trading is a numbers game,
probabilities and odds that you
can
put in your favor. I will show you how.
Believe it.
772-228-8022
email
or
Enroll
Top of page |
