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  1. almx

    Breakout Trading on Emerging and Strong Stocks

    Adding a new entry to my portfolio. RPAY Broke up a symmetrical triangle with good volume after also a recent new 52 weeks high. I entered at 11.08 and it seemed to me a bit early to break that triangle but the volume was there so I think it should be okay. EDIT: Trade canceled, I closed the...
  2. almx

    Breakout Trading on Emerging and Strong Stocks

    No problem, I always welcome and like constructive criticism, I prefer people that are perfectionist and win than the contrary. Moreover I agree with you on both points and was fully aware of that before entering, I record in my journal the position of the Industry and the relative strength of...
  3. almx

    Breakout Trading on Emerging and Strong Stocks

    Finally I couldn't resist entering GM today. My entry is by far late, the only positive for now is that even being so late, my stop loss remain below the last resistance which is at the top of the last Darvas box at 46.17 From that level which should act now as support in case of retracement, I...
  4. almx

    Breakout Trading on Emerging and Strong Stocks

    Just wanted to record what I consider a perfect Darvas Setup. GM Made a fresh 52 Week high (shown in the chart by the sun), followed by a first consolidation of 8% plus a second one of 4% which was finally broken yesterday with volume greater than average so all the technical stuff is there...
  5. almx

    Breakout Trading on Emerging and Strong Stocks

    6. CARG This one has every technical stuff that I like in it, I really hope it will finish profitable. After a 6 month cup finished with a fresh new 52 week high, it draw a handle during another 6 months by drawing a falling wedge which was broke up in a little Darvas box with again a new 52...
  6. almx

    Breakout Trading on Emerging and Strong Stocks

    Basically doing automatically the same, When things go wrong, the stop loss is usually taken very quickly, on the other hand, to get that 3x+ reward that I want, will certainly need months...
  7. almx

    Breakout Trading on Emerging and Strong Stocks

    It's now time to post my trades... Here are the stocks in my portfolio as of today, some I entered no later than today. My entries aren't yet perfect, I'm working on it and as you will see, some entries are well before any breakout, this is because I'm trying techniques to anticipate them but...
  8. almx

    Breakout Trading on Emerging and Strong Stocks

    I have been trading Forex for a few years without success, and also some stocks before that but only for a few months. Recently I was attracted by the stocks again but this time I took the time to read about almost any famous legend out there, Livermore, Elder, O'Neil, among others and recently...
  9. almx

    Breakout Trading on Emerging and Strong Stocks

    Ideally I plan to have at least 10 positions weighted equally with a stop loss at 8%, so it's 0.8% at risk on every trade, it could be a bit less if the stock is too volatile or a bit more if I feel confident or that there are more setups available. On the reward side I will take what the...
  10. almx

    Mark Minervini like trades

    Hi Hedge it, all! I'm just starting doing the same as you and also started a thread in the journals but it's still waiting for moderation, there you should see trades similar to yours... Hope we stay in touch and discuss some... I think your MORN is good but I don't trade stocks above 100...
  11. almx

    Breakout Trading on Emerging and Strong Stocks

    Hi Everyone! And welcome to this journal. If you are interested in Stocks, Strong Stocks, Trending Stocks, trading base breakouts whether they are any consolidation figure or a Darvas Box, then I think that you will be interested in this thread. My method. 1 - Every Month, Make a selection of...
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