The Secret to Trading Breakouts…
In contrast to more obscure patterns, breakouts can be easy to find. There are various online resources, and even traders with no programming experience or fancy scanning software can get evening...
View ArticleWhat Makes a Breakout a Great Breakout?
In order to backtest a breakout system, I need to be able to rank each day’s breakouts so that when the system has cash available for a new position, it takes only the top-ranked stocks. I have my...
View ArticleThe Market is Going To Rip
Assuming Libya does not get much worse tomorrow, look for a significant bounce. Today’s high volume doji tells me a reversal is in the works. Here are 4 great breakouts for tomorrow: BMO HSY PKI OCR
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Exploring Breakouts: Part 1
What makes a good breakout? I aim to find out… It seems that everyone loves breakouts. Perhaps it is because of IBD or the Turtle Traders. Or maybe it is because it is easier to buy a stock that is...
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Exploring Breakouts: Part 2
Continuing the quest to develop a decent breakout system… Be sure to read Part 1 for the introductory information. Part 2 (this article) will jump right into things with no background information. The...
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