The following blog post describes the simple trend following system approach (with the help from www.tradingsystemlife.com) we incorporate in the chat room to take advantage of the momentum alerts signals. Our momentum alert system searches for abnormal volatility which flags the urgency of buyers. It is an alert to signal of potential momentum coming into an underlying name or sector. The alerts given are to be used as indicators only, not a trigger to buy or sell. At SetYourStop.com we will never tell you to buy a stock, although when an alert comes across the screen, it is worth paying attention. Each of the system components are illustratedRead More →

As a momentum trader, I rarely look at major indexes, but at small-cap names with high institutional or insider ownership. This is because small-cap names offer many advantages to traders. One being that they tend to move with a greater velocity than large-cap names. This is due to supply and demand. Generally, retail traders follow the major indexes, while assuming these benchmarks reflect the entire market. However, this is often not the case. Just analyzing the major indexes limits your ability to make higher profits. This is not a problem for the hobby trader, but for the trader interested in making a living, this canRead More →

If you have been following me on twitter you know I am a huge proponent of the “Volatility Squeeze”, and since my inbox is consistently filled with inquiries about this trading strategy and my use of the Bollinger Bands, I thought I would write a blog post about my favourite setup.Read More →