This page shows trading setups for stock and options traders. Look them over and make whatever changes you feel are necessary to get the setup to work for your trading style.
WARNING: It's been years since I posted these setups. They may not longer work or their performance has deteriorated enough to make them obsolete.
Use them at your own risk. My hope is that they will give you some ideas that might work better than these.
I released articles on trading traps, so be sure to read them. They may save you a bundle. You won't find them below. Rather, click the link to the left for a good time.
September 28, 2020: Knots: Trading a pullback and how to predict a big decline
September 19, 2017: No-nines. Here's a way for traders to increase profit and reduce failures.
August 29, 2017: Monthly trends. Here's a reliable sell signal for investors.
When trading options the focus should be on puts, not calls. Why? Because price drops faster than it rises. For example, on page 756 of my book,
Encyclopedia of Chart Patterns, Second Edition (the green book pictured on the bottom left), Table 49.2 for
symmetrical triangles says that it took price 124 days to climb an average of 31% after the breakout, but it took price 45 days to drop 17%, both in a bull market. The drop is over
twice as fast as the rise. And this is not an isolated example.
Support this site! Clicking any of the books (below) takes you to
Amazon.com. If you buy ANYTHING while there, they pay for the referral. Legal notices: "As an Amazon Associate I earn from qualifying purchases." Paid links).