Traits of Winning Trades | Stocks for Breakfast

"What are the traits of stocks that offer the highest probability of profits?"
Wouldn't it be easier if we simply knew which stocks to trade each day?

Well I have news for you. It's simple if you know where to look. The smart money, the market, always gives us clues, we simply need to know what we're looking for.

Profitable trading strategies begin with order flow. The demand that moves a stock from $10 to $100.

The hard part of trading is doing the right thing. Which means your first goal is to identify the smart money. Once you know how to spot good ideas, your first task is to avoid any trade setup that is not your best idea!

Don't hope. Look for the clues where stocks are active and stick with those stocks, until the tape changes. If the tape changes.

Find a new stock where you can piggyback another move.

trading boot camp
Pete Renzulli
 

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