What service do you provide to your subscribers?
My service is focused on providing analytical information on the U.S. stock market, which includes daily LONG and SHORT signals on my Market Model, analysis of the U.S. futures markets (ES = S&P500 and NQ = Nasdaq), and overview of the long trade ideas for individual U.S. stocks. My subscribers can also follow my private Twitter account where I provide intraday market commentary and share additional market insights (e.g., stocks with unusual volume, big option bets on ETFs and individual stocks, etc)
What instruments do you trade?
I primarily trade the S&P500 and Nasdaq via their ETFs (both long and short sides) as well as individual U.S. stocks on the long side during bull market phases. Although the vast majority of my individual stock trades are intraday trades, I might open a swing position on either SPY or QQQ when my Market Model flips from one signal to another and a potential large directional move might be anticipated. I regularly update ‘My Trades’ page with the trades I take.
Do you provide real time trade alerts to your subscribers?
No, I do not. In order to provide investment / trade recommendations, one has to hold appropriate FINRA and NASAA securities licenses such as Series 6, Series 7, Series 31, etc. I do not hold any of these licenses at this time. I might consider obtaining them in the future.
How often do you post long trading ideas for individual stocks?
I usually post long trading ideas for individual stocks daily when / if my Market Model is LONG or when it can potentially flip LONG from SHORT. However, when I see that the market is not constructive, I might skip posting individual stocks’ trading ideas. Capital protection and risk management should always be the number one goal for any trader.
What would be the typical stop/risk per trade on average and the target?
Regarding the typical stop / risk per trade, it really depends on your trading style but you should aim to achieve at least a 1:3 risk / reward ratio:
- During strong bull market phases, it is better to swing trade market leaders. If you swing trade, your stops could be set at -4% or -5% (I never set stops lower than that for my swing positions). With the -5% stop loss, you should aim to make a 15%-25% return on the winners to justify the 1:3 risk / reward ratio.
- During market consolidations or falling markets, day trading is the best strategy. The average day trading winner usually yields a 4%-6% return. Hence, to justify the 1:3 risk reward ratio, your stop should be max -1% or -2%.