Stock Trading Systems

Welcome Back! One component of a robust trading system is knowing how to find support and resistance levels. Both levels are barriers.  Knowing where those barriers reside can save lots of frustration.  For example, it wouldn’t be wise to buy near strong resistance and sell near solid support. It’s not that difficult to find support [...]

Trading signals are buy and sell alerts.  Unless trading a purely mechanical system a layer of discretion will improve the quality of those buy and sell signals. My experience has provided a mental checklist for evaluating trading signals.  Here are some of its points: What is the overall trend of the market? What is the [...]

Stock market technical analysis should be a part of every trader’s market routine.  It doesn’t need to take a lot of time nor must it be complicated.  A few minutes a couple of times a week will improve the odds of trading success.  Here are a couple of easy-to-implement ideas: Draw a line on a [...]

There are numerous breakout trading strategies that market players can test drive.  I happen to not be a fan of trading breakouts.  It’s not because there isn’t money to be made, it’s because most breakouts fail.  The better trade to take, in my experience, is the next attempt to move higher.  It’s kind of like [...]