Getting the research out early this weekend. Great set ups and the return of the Kick Ass Trade of the Week. Top 3 set ups identified in video. First part of Video a very basic tip that I even find forgetting sometimes, but will keep you in the game time and time again. Most time its the simple things that we look over, trying to find the secret blend of complicated formulas to give us an edge in the markets. 

Identify the Time frame you want to trade, are you a scalper? (less then a day) A short term swing trader? ( 2-5  days) longer term swing trader? (7-14 days) Or an Investor (Longer then 14 days)

A. Identify the Trend

B. Outline the range of the trend (channels)

C. Stay with the trend until it fails

D. Be patient 

E. Stochastics as a momentum indicator is great but you should wait for the signal (crossover), or you could      waste time in a consolidation or worse. 

F. The the Signal gets to choppy or fails it's ok to wait for the next one. You will find that stocks usually stay in a trend relative to there time frame for a while, The key is not chasing and spotting the signal as it confirms.

G. Review all your trades and see if you applied the rules. For the trades that didn't work can you identify why? 

H. Have a great Weekend

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DayTraderRockStar