Risk-reward ratio. It’s the magic variable for many stock traders.Winning percentage is a close second. (Very misleading statistic)It’s nice when traders decide to only take trades with a risk-reward of 3-1 or better. It makes sense. Take 1-1 trades and you become a break-even trader.But here’s the problem for many smart, hard working traders. They […]
CONTINUE READINGThe S&P 500 futures (June contract) is currently trading over the psychological 3,000 level.Time to cheer and buy more stocks?Today we answer the question: “Is now the right time to buy stocks?” If you bought in March, should you sell this spike higher?We also review a quick way to spot stocks not participating int he […]
CONTINUE READINGSTOCKS FOR BREAKFASTOne of the most basic questions we get is: How do I find good trading ideas?”Well, finding good ideas is easy. Getting paid is the skill that pays the bills.There are essentially three steps to profitable trading.1) Having specific criteria and using a trading screener to find those stocks.2) Moving from the screener […]
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