Methods I Use

Just to give you a framework of how I trade, I really use only three methods. One of them is a day trading method that I have married into my swing trading. All three methods I learned from other traders that have their own subscription blogs, for that reason I will not get into the specific criteria of their methods. However, the methods below are what I have in my tackle box:

1. Stockbee Trend Intensity - this method was created by Stockbee (stockbee.biz) and is essentially a momentum based swing trading method. I use both breakout and pullback entry techniques when using this method, although the method is breakout-based. It is only used in bullish market conditions as determined by Market Monitor, a breadth based market timing model developed by Stockbee. This method works great in bull markets, including the recent bull market.

2. Earnings EP Pullbacks - This is a PEAD (Post Earnings Announcement Drift) and earnings/catalyst based method...it is based on the Episodic Pivots method from Stockbee. This is really a subset of that method in that it looks for stocks with large up days on their earnings day and a positive surprise, but trades the initial pullback after that price reaction. This method does not enter on the day of the episode but takes the next train. The watchlists I use are from Bluefin (patientfisherman.blogspot.com) that track stocks making big moves on earnings day and stocks with good earnings surprises. I prefer to use this going into and during earnings season periods.

3. The T - This is a day trading method I learned from a guy named "Tumbler" that I met on the Stockbee site. He's the most consistent day trader I know, and has a really straight forward way of doing it. See his site for the best description (www.followtumblertrades.com). I also use this as a method of entering swing trades in the right conditions. I like to take the trade to the next time frame when possible and get bang for the buck. I prefer to use this in volatile times and when other methods are not in play. If I had to pick one method to trade and I had the intraday availability, this is the one I would trade. Otherwise it would be the earnings pullbacks.

So that is the general description of the methods I use. The details are spawn from my experience, my schedule, and my style. The foundations I learned from the sites I mentioned. This site is a way to document my own journey through this market ocean, and to learn some things along the way.