frankz

Do you know beforehand which stock is going to breakout? NO. Do you know beforehand which stock will be the biggest winner? NO. Do you know the sequence of wins and losses? NO. Can you control what the market does? NO. Do previous trades have anything to do with future trades? NO. Because the last 3-trades were winners, does that mean that the next one you take will be a winner? NO. If your 3-last trades were losers, does that mean that your next trade will be a loser? NO. Do you know the buy stop? YES. Do you know [...]

Anyone can find themselves in a winning trade or a few; all you have to do is know how to click the mouse.  But to be consistent, you have to execute well. Trading is mental. Execute your trade without thinking about the outcome of the trade. The outcome of the trades is unknown. Accept the fact that the trade will work or it won't work. We don't have an edge on a trade by trade basis, the edge is seen after a series of trades.   Mark Douglas said it best; "Convince yourself that you don't need to know what's [...]

My swing trading equity P&L line looks EXACTLY like every stock chart, and it has ALL the stages that you will go through as a trader; consolidation, rip higher, rug pull, grind higher. If you go through 1,000 charts, you will notice the exact same pattern; if you go through the returns of 1,000 mutual funds or hedge funds, you will see the same pattern repeat itself over and over again. Once you start seeing the pattern for yourself and you start to accept the fact that these stages are unavoidable, you will stop falling for the trap of always [...]

134 Stocks priced above $2 and with a 20-day average volume of 250k or more are up 100% or more since the 3/23/2020 bottom. If you want to know what works and what doesn't work then study these stocks. If you want to bust a bunch of myths about trading that you hear and read about, then study these stocks? If you want to know the type of stocks that rebound first and the hardest after a huge correction, then study these stocks. If you want to know the difference between the strongest stocks and the best-performing stocks, then study [...]

Over the last week or so, I've read countless articles/tweets about the love affair with tech names, specifically the FANG names; $FB, $AAPL, $AMZN $NFLX, $GOOGL, $MSFT. We've seen massive net flows (new money) going to the Nasdaq 100, as you can see on the chart below. The FANG names dominate the NASDAQ 100. Here is another chart that gives looking at a different indicator, 14-week RSI, but it tells you the same story; investors are tripping over themselves to buy tech names. The daily sentiment index is another indicator that shows a little frothiness. There's more; All this data [...]

Since the 3/23/2020 market initial bottom, the best performing S&P 500 Sector is the Energy Sector, it is up a whopping +43.90%. I say it is sort of like the biggest laugh out loud situation because those in the know are fully aware that typically, the hardest-hit stocks/ETF's are what usually bounces the hardest FIRST, not what held the best. Quite frankly, there is a HUGE difference between the strongest sectors and the best-performing sectors. Energy is the worst-performing sector on a one-year basis down -44.59%, but one man's 1-year garbage is another man's 3-month gold. You need to be [...]

Below is a video that was made back in September in 2019. I go over some of the most compelling reasons why you should own the index ETF's as core holdings, especially after a market is down -15% or more.     You can find stocks before the breakout here (managed assets) https://bit.ly/2FFqa6q or DIY at the trading room https://bit.ly/2TgOJi1 You can view over 100 shared trades including all the ones from last week here https://bit.ly/2umUIYG    

As always, I have an interest in the best-performing stocks within my daily swing timeframe, which is 0-10 days. Within that timeframe, the best-performing stocks have been the ones near 52-week lows; this has been consistent every week since the 3/23 initial bottom. You can call it a dash for trash, dead cat bounce plays, etc. But this action is consistent with what typically happens in bear market dead cat bounces, the stocks hit the hardest, bounce the hardest. Regardless of your beliefs, this is a fact, and in case you were wondering, the gains are worth the same as [...]

So this morning, I tried doing a live Zoom Meeting, and it did not work out so well. Over the last week I've been reading about all the zoom bombing going on, and today I had a chance to experience it, it wasn't pretty. However, I did a private meeting with a few people, it went great, and I uploaded it to YouTube. We covered a lot of ground, and I'm sure you will find some useful information. Here are some of the things we covered; The market. Swing Trades P&L equity line. Scans. Timeframes. Targets. Trend Following 2.0 Set-ups. [...]

This week was all about going against conventional wisdom. The week's best-performing stocks were the ones that were down the most up, which is typical action in almost every initial bounce after a severe correction. You can clearly see that in the best-performing stocks this past week in the Russell 3000, take a look at the weekly change and their one and three-month change. It's very simple; FIFO- first in, first out. HHHB--hardest hit, hardest bounce.  Short-term speculators should go to what is working now or what works best during the current market environment and not what conventional wisdom says. [...]