Notes
When and where to buy a stock you have already found: chart patterns, buy points and entry tactics.
Showing 181–185 of 185 notes
Low-Cheat Flat Base Breakout
$PLUG formed higher lows, reclaimed the 200DMA, and broke out with force.
Clean structure. Early entry. Low risk / high reward.
Full trade breakdown ⬇️
https://tradingmomentum.substack.com/p/plug-power-plug-a-pure-technical
Relative Strength led us to gold.
Price & volume ✅
Flat base → parabolic curve → flags & pennants.
A+ momentum setup. Low risk. High reward.
Full trade breakdown ⬇️ https://tradingmomentum.substack.com/p/golds-epic-breakout-parabolic-momentum
When in doubt, zoom out.
Institutions move on weekly & monthly charts, not just your 5-min candles.
Nothing wrong with lower-timeframe entries (I day & swing trade too) — just align them with the big money trend.
That’s how you stack probabilities.
“The most important rule of trading is to play great defense, not great offense. Never trade against the major trend of the market; you are just fighting the big money, and that’s a game you can’t win.”
— Marty Schwartz, Market Wizards
Dan Zanger turned $10,775 → $18,000,000 in under 2 years.
How? By mastering chart patterns + ruthless discipline. 📈
I broke down his Golden Rules for Trading here ⬇️
https://tradingmomentum.substack.com/p/dan-zangers-golden-rules-for-trading
Clear trend. Clean entries. Low risk, higher reward.
Don’t pick tops. Don’t bottom fish.
Wait for the setup → grab the meat in the middle → get out.
-Don’t overstay your welcome.
-Don’t jump in early.
-Follow the trend.
“I don't try to pick bottoms or tops. I try to catch the meat in the middle.” — Bruce Kovner
“Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I’m getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis.” — Bruce Kovner
“The market being in a trend is the main thing that eventually gets us in a trade.” — Richard Dennis
