Recent content by RipTides

If I see a consistent trend without previous major resistance levels above, I might add a trail consistent with the ATR(+a tick or so) of the most recent large pullback candle. Trails have statistically lower odds of success, but the winning resulting trades can sometimes be huge if volatility...

Also, when a stock price holds higher and flat after a first big gap up, it is likely to see a subsequent run up in the current or next day.

To ensure a stock is a good choice to fade requires analyzing the fundamentals and deciding if the company has any real potential. Often the sentiment toward the company will wane quickly if they are unprofitable. The odds for a good fade usually depend on the company's legitimacy and...

What I've learned: It's ok to be wrong sometimes. Take a loss. I would recommend be careful out there when catching falling knives and rising towers. My win rate has dramatically increased by using one rule on gappers: Being patient and waiting for confirmation of reversals before entries. TOP...

I have had a very good experience with TradeZero and I've had an account for a while. Their user interface and trade execution is excellent in my opinion, and they are fair and always answered the phone if I had questions. As for the platform fee, it is well worth it for immediate order...