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Tintintrading

Stage Analysis & Trailing StopsWhy Stage Analysis Stage Analysis is the very first thing you need to get right or everything else will be unnecessary, according to Mark Minervini. Based on his study 98% of all big winners, dating back from 1800s to current day have been in confirmed Stage 2 BEFORE they made their big move! This makes Stage Analysis a foundational knowledge for anyone who trades the market. History of Stage Analysis Stan Weinstein outlined the principles of Stage Analysis in his 1988 book, Stan Weinstein's Secrets for Profiting in Bull and Bear Markets. This classic text opened the door for many non-professionals to execute successful trading system based on his detailed description of the best prospects for long buys and short sale positions. However, his classic concepts have a far wider reach — it is a premise that gives the best time for a trader to enter and trade the market. It divides market action by 4 segment (Stages) which analyzes prices dynamics over a continuous cycle that includes bottoms, breakouts, top peaks breakdowns and downtrend occurrences.
NASDAQ:TSLAEducation
by TintinTrading
🟨 Case against Averaging Down - Stage AnalysisAveraging down is rejected by all big Market Wizards. The problem is that the stock can always go another -90% down. The example of SKLZ shows that after 19 consecutive times the stock decreased -20%, it no where near the average dollar price, if you buy same amount after each 20% decline. In fact, it has to move +300% to get to break-even. How many of your stocks do that? Do you see now, why probabilities are not in your favor. PS if you think this is just a crappy company look at $GE in 2007-2009.
NYSE:SKLZEducation
by TintinTrading
1
🟨 Weekly Charts for ScreeningWhy look at weekly charts? We look at weekly charts because it reduces volatility when scanning for stocks. This is especially important during bear markets when the stocks are more volatile. What do we want to see? Base depth no more than 30% Close on the weekly bars near the highs Closes are tight (about 1-1.5% of each other) Peak closes on weekly Big Volume on the Up Weeks Lower Volume on the Down Weeks (compared to the Up weeks) RS Line near highs while stock is still in base Here are some of the stronger names I see today: $HALO, $PODD, $PI
NYSE:CFEducation
by TintinTrading
3
🟩 BEST 6 months - Seasonality AnalysisThe market is ready to enter its "Best 6 Months" as the calendar transitions from October to November. 👉 Yale Hirsch , the man behind the creation of the Stock Trader's Almanac, originally described the "Best 6 Months" tendency in 1986. The "Best 6 Months" idea is a straightforward one. Hirsch's analysis indicates that during the past several decades, a significant part of the market's gains have occurred between November and April. And over the past six months, it has generally had difficulty moving forward. I'll also point out that the edge has lasted ever since the tendency was published many years ago, with the "Best 6 Months" consistently outperforming the "Worst 6 Months". 👉 Additionally, as we enter the third year of the presidential cycle, the market is changing. Instead of measuring the Presidential Cycle years from January to December, we do so from November to October. This makes it possible for the cycle years to better coincide with the early November elections. Additionally, even though the elections always take place in the first week of November, we always begin the cycle year on November 1. Combining it with the "Best 6 Months" cycles facilitates evaluation. The third year of the presidential cycle has generally been successful. The outcomes since 1960 when the Best 6 Months and the Third Year of the Presidential Cycle have both been in outstanding. RESULT: Since 1950 - to present day ALL 18 instances have shown gains! The average 6 month period saw a net gain of +16.95%!
SP:SPXLong
by TintinTrading