Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Dogpile

Thread for Daily Swing Trade Newsletter subscribers

Recommended Posts

This thread is to discuss entries and exits for Alan Farleys 'Daily Swing Trade' newsletter stocks. I am a long-time subscriber and find this service to be quite profitable. That said, it is not for the beginner.

 

His set-ups are logical and he does a great job finding names where price has pulled back while the stock still carries underlying momentum soon to either re-establish itself. If you are new, you will learn a lot. If you are experienced, you will make a lot.

 

If anyone wants to discuss some entries and exits for some of the names in his newsletter, let's give it a shot here.

 

http://www.thestreet.com/k/dst/pdf/200710091744.html

 

Recent example attached of a good swing trade offering 2 great swing trades over the last month

5aa70e0decce7_DSTExample.png.52a7127d70db970c80b77193e44d5a4d.png

Share this post


Link to post
Share on other sites

Here is how I traded ILMN. Essentially, I waited to buy until some intraday momentum off of the opening price developed -- sacrificing a bit in intraday location in order to try to catch a 'direct' move.

 

Waiting for momentum off of the opening price means you are 'joining in' on strong buying. I believe that this is the way electronic markets behave. You aren't always going to get a super-pretty intraday bull flag that is going to let you in.

 

The intraday momentum will more often than not lead to a green bar. The green bar starts a potential upswing. You can take partial profits into the initial burst and get a free-ride on the balance.

 

As an independent trader, you have a large advantage here -- you don't have to buy 500,000 shares and incur 3 points of slippage building a position. You can buy 500 or 1000 on a buy-stop with maybe 3 cents of slippage. Others will recognize the pretty chart pattern and the developing momentum and join-in. Even more important, you can exit without slippage whereas an institution can get buried trying to unload the stock. I know this because I used to work for one of those institutions getting buried on abandoned high-beta names.

5aa70e0e088e3_ILMNExample.thumb.png.be178bc9713f3110b48304a89084a763.png

Share this post


Link to post
Share on other sites

Another good example. At some point, this comes down to feel too -- but here is an example of a choppy stock where you have a big advantage being small and nimble. You enter, if you don't like the follow-thru you can just get out and look to re-enter.

5aa70e0e0f07e_BRCMExample.thumb.png.4a010a6d482f868175d2a51165db7edf.png

Share this post


Link to post
Share on other sites

This is a free newsletter I get from Redoptions.com . He's very methodical about the plays he talks about and doesn't always have tons of plays, but the ones he does have have been on fire lately.

 

redoptions__on_my_mac__578_messages_-20071010-072156.jpg

Share this post


Link to post
Share on other sites
This is a free newsletter I get from Redoptions.com . He's very methodical
Here is the site: https://www.redoption.com/create_a_login.php It makes a big difference in leaving out the 's' ;) otherwise you would get a chess site. I wanted to say leave the last 's' out for savings, but that is not quite true as each advisory seems to cost $20
RED Option is $20 per month (30 day period), per advisory. Daily commentary, education, and expert support are all free

It makes sense to use a free newsletter, but you often get a piling on effect a la Jim Cramer, but perhaps it is what you are looking for in a momentum play. As usual, I assume the subscribers get the first dibs in the stock picks so I would be careful as well about these newsletters, do your own due diligence.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.