Our Short Term Trading Strategy looks for stocks breaking out of
a favorable chart pattern such as the, "Cup and Handle", "Double
Bottom" or "Flat Base". Our goal is to make at least one
point in every trade. Every trade is exited two days after the initial
entry unless one point is made or we are stopped out of the trade for a loss of
one point.
An example of a recent stock which provided an favorable short
term trade was NTES. NTES formed a Cup and Handle pattern and then broke
out of its Handle (H) in mid September.
On a short term basis we are looking to only hold the position
for a day or two and then take our profits. A daily chart of NTES is
shown below as NTES broke above its Handle on 9/12/05 with the entry price of
81.50. In this example NTES followed through an profits were taken on
9/13/05 at 85.50 for a net gain of 4 points.
2005 Short Term Trading Performance
# of Hypothetical Positions : 78
# of Winning or Breakeven Positions: 65 (83%)
# of Stop Loss Positions: 13 (17%)
Click here for a complete list of every stock listed in
2007
involving our Short Term Strategy
Short Term Performance vs Major Averages
(1/1/05-9/23/05)
|
Amateur Investors
+47.0%
|
|
| Dow
-3.4% |
|
| Nasdaq
-2.7% |
|
|
S&P 500
+0.3% |
|
A Premium Membership includes our Stocks
to Watch List which provides a list of Stocks that are exhibiting
favorable Chart Patterns along with specific Buy and Stop Loss Prices
in addition to Target Prices.
Also you will receive our Daily Breakout Report by email which Alerts
you to Stocks that are breaking out of a favorable Chart Pattern from our Stocks
to Watch List.
Signup
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and see which Stocks to Buy in 2005
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