The main difference between Exchange Traded Funds (ETFs) and stocks is that ETFs hold a collection or “basket” of various companies while stocks are simply shares of an individual company.
Basket that holds several assets
Shares for collection of companies
Avg open position = 4 weeks
Slower moving = less trading
Less volatile than individual stocks
Less risky than individual stocks
Requires 1-3 updates per week
One individual company
Shares for one individual company
Avg open position = 10 days
Faster moving, more trading
More volatile than ETFs
More risky than ETFs
Requires daily attention to updates
The best way to decide whether to invest in stocks or ETFs is to consider your investment goals and risk tolerance. If you are looking for an investment that is less volatile and has lower fees, then an ETF may be a better choice. However, if you are looking for an investment that provides the potential for high returns, but are also willing to take on more risk, then individual stocks may be a good option for you.
Our ETF strategies trade much slower than our stock strategies so for someone just starting out, ETFs may be the best option. Our stock strategies require more frequent trading and should be used for those already familiar with order placements within their brokers.
When positions trigger a setup, we send out an email containing position setups and order information including entry price, stop loss, and targets prices. Enter your trades according to your own risk tolerance and manage your money however you choose. Our trade setups are meant to be used as a guide only and we cannot guarantee profits or success.
We update our Trade Trackers before sending our daily updates so you may skip straight to the Trackers for all our position’s order information.
We enter our order information at the end of the day after markets have closed. This allows them to trigger and place trades when the market opens the next day.
You may choose which, if any, trade plans you would like to use. You may enter them with your chosen broker at any time while you control your own trade plan. We simply show you how to set the framework.
All our trades are swing trades. We enter orders once at the end of the day only. We may hold a position for a few days or a few weeks depending on how quickly the market moves. Our swing trade strategies never open and close the same position within the same day.
Yes. We show you the framework generated by our models to include entries and stops. Most stock trades contain price targets along with a trailing stop. We run various strategies within our model baskets so some positions may include a target price while others may be seasonal and use an expiration date. We include each positions’ systematic trade plan within our alerts email and Trade Tracker available for members to view anytime.
Absolutely not. We created this service and built our strategy models specifically with the intention to put a full trade plan in place after hours when the market is closed. This allows the position to ride through the normal intraday volatility and let the market work for us. The point of this service is to allow you time during the day for other commitments.
Our Trade Trackers are updated after market close each day at 4p ET. Check your email and enter your trade orders anytime before the next market open, either that night or early morning before the next market open at 9:30a ET.
Yes! Try it FREE for two weeks to see if it works for you. Free trials do require a signup so we can confirm you are not a bot. If you don’t like it, cancel before the two weeks is up! No hard feelings.
1. Start by opening your own trading account with whichever broker/bank you choose. Some brokers require a minimum amount to open an account so find the one that’s right for you. Be sure to be aware of any commissions, fees, or data streams they may charge. Some have monthly fees, others charge a dollar or percent of each executed trade placed on their platform.
2. Next, familiarize yourself with order types and executions before placing any trades. Always START SMALL!! Never open a large position if you are not familiar or confident with where your money is going!! Knowledge is power. We can help you cut through the noise, but we can’t help you manage your portfolio. We will always have educational material included here but ultimately, you are in charge of your own money and responsible for your own trades.
3. Finally, sign up! Find your preferred trade strategies and choose your setups to execute with your broker! Learn by watching trade setups in real-time and keep it simple.
Becoming successful at trading requires a combination of knowledge, discipline, risk management, and continuous improvement. Here are some key principles and tips to help you achieve success in stock trading:
1. Education and Knowledge: – Invest time in learning about the stock market, trading strategies, and financial instruments. Understand the basics of technical and fundamental analysis.
2. Have a Clear Trading Plan: – Develop a well-defined trading plan that includes your goals, risk tolerance, trading style, entry and exit criteria, and risk management rules.
3. Risk Management: – Prioritize risk management in your trading plan. Never risk more capital than you can afford to lose in a single trade. Use stop-loss orders to limit potential losses.
4. Start Small: – As a beginner, start with a small amount of capital and gradually increase it as you gain experience and confidence.
5. Practice with a Demo Account: – Many brokers offer demo or paper trading accounts where you can practice trading with virtual money. Use this to gain experience without risking real capital.
6. Diversification: – Diversify your portfolio by trading different stocks or assets. Spreading risk across various instruments can help minimize losses.
7. Continuous Learning: – Stay updated on market news, trends, and trading strategies. Attend webinars, read books, and follow financial news to expand your knowledge.
8. Emotional Control: – Keep emotions like fear and greed in check. Emotional decisions can lead to impulsive actions and losses. Stick to your trading plan and strategy.
9. Trade Based on Analysis, Not Emotions: – Make trading decisions based on your analysis and trading plan, not on gut feelings or hunches.
10. Set Realistic Goals: – Set achievable and measurable trading goals. Don’t expect to get rich overnight. Focus on consistent, long-term growth.
11. Record Keeping: – Maintain a detailed journal of all your trades, including reasons for entering and exiting, profit and loss calculations, and lessons learned. Review your journal regularly.
12. Adaptability: – Be willing to adapt and adjust your trading strategy based on changing market conditions. What works in one market environment may not work in another.
13. Avoid Overtrading: – Don’t trade excessively. Overtrading can lead to increased transaction costs and emotional burnout.
14. Use Technical and Fundamental Analysis: – Combine technical analysis (chart patterns, indicators) with fundamental analysis (company financials, news) for a well-rounded approach to trading.
15. Risk-Reward Ratio: – Maintain a favorable risk-reward ratio in your trades. Ensure that potential rewards outweigh potential risks.
16. Plan Your Exit Strategy: – Decide in advance when to take profits and exit losing trades. Avoid holding onto losing positions hoping for a turnaround.
17. Stay Informed About Taxes: – Understand the tax implications of your trading activities in your jurisdiction and ensure compliance.
18. Be Patient: – Patience is a virtue in trading. Avoid rushing into trades and allow your strategies to play out.
19. Review and Improve: – Regularly evaluate your trading performance, identify areas for improvement, and make necessary adjustments.
Remember that trading stocks carries inherent risks, and there are no guarantees of success. It’s possible to incur losses, even with a well-constructed trading plan. However, with a disciplined approach, continuous learning, and prudent risk management, you can increase your chances of success in the stock market over the long term.
Feel free to contact us with any additional questions or comments. We love helping those who want to learn.
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