Trade stocks with high potential of gains of 5% to 10% in 3 to 5 days,
Ensure maximum risk reward ratio that keeps making a profit
Hold positions as long as they move in the planned direction and move stops to protect gains (see examples).
TradeSelector Trading Method
TradeSelector is a stock picks service for short term trading known as Swing Trading.
We enter trades using Technical Analysis: daily price movements, short and long term trends and areas of technical support and resistance.
We use patterns we know have the best odds of being profitable, then create a trading plan with entry, stop and the most likely target price.
We compare the risk to the potential reward and determine if the risk is justified before we enter the trade.
Our low risk balanced method doesn't promise to make huge net portfolio gains (don't believe those that do) but makes a steady consistent gain (see our full Trading Performance ) Look at How We Trade for more infornation, or visit our Sign Up Page for other details.
Tweets
Tweet Ticker
$SPX The inside story of flash crashes, systemic risk, and the demise of value investing. http://stk.ly/ackW7Z
16 minutes
A little more inspired today $SPX .. but not much http://bit.ly/biP8Zd
27 minutes
Gov't MUST STOP! nothing has worked, its futile to dump MORE FUTURE taxpayer's money into this Abyss! $SPX #dollar #forex and long #gold
32 minutes
Twitter-Ticker powered by Peter Kommt Mit. unkonventionell reisen
33 minutes
This past week we saw all of the markets breaking up above resistance levels. It now looks like all of the stock indexes will test their highs and then some. The NASDAQ Composite has already made a new high and is leading the way up. It does look like the markets have some room to continue higher. As long as the NASDAQ continues higher the rest of the market will follow.
Gold also broke above resistance and is now consolidating the break out. It may continue sideways to down before breaking back up.
The US Dollar continues to move sideways which is good for commodities and the stock market.
We expect the markets to continue higher this coming week.
The Nasdaq Composite Index
First support is at 2293, 2247 and 2182. Resistance is at 2357, 2413 and 2457.
Standard and Poors SP-500 index
First support is at 1125, 11115 and 1094. Resistance is at 1142, 1150 and 1210.
The Dow Jones Industrial Averages Index
Support is at 10440, 10387, and 10185. Resistance is at 10600, 10730 and 11170.
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GOLD - via the GLD
GLD Support is at 110, 108.40 and 106.60 . Resistance is at 112.20 and 113.60.
The US Dollar (Dollar Index ) The U.S. Dollar continues to consolidate its big move up and may continue sideways to down for the next week. Support is at 80.30, 80.00 and 79.60. Resistance is at 81.13, 81.34 and 81.90.
Heath Feb 12, 2010 I have been a member of just about everyone on twitter to try and sift through for additional information to help me grow as a trader. I just wanted to let you know you guys and alpha trend are the top of my list by far. Thank you for taking time to help new traders. Parag Dec 13, 2009 I find your analysis, picks and commentary to be exemplary and very hepful and most of all very 'on the money'. Scott Newbury Nov 04, 2009 These guys really know what they are doing and I can recommend their membership to other home gamers. Thanks for the great swing trades guys :)