This page shows trading setups for stock and options traders. Look them over and make whatever changes you feel are necessary to get the setup to work for your trading style.
WARNING: It's been years since I posted these setups. They may not longer work or their performance has deteriorated enough to make them obsolete.
Use them at your own risk. My hope is that they will give you some ideas that might work better than these.
I released articles on trading traps, so be sure to read them. They may save you a bundle. You won't find them below. Rather, click the link to the left for a good time.
September 28, 2020: Knots: Trading a pullback and how to predict a big decline
September 19, 2017: No-nines. Here's a way for traders to increase profit and reduce failures.
August 29, 2017: Monthly trends. Here's a reliable sell signal for investors.
June 5, 2015: Bottom fishing. This setup uses ugly double bottoms
Option Setups
When trading options the focus should be on puts, not calls. Why? Because price drops faster than it rises. For example, on page 756 of my book,
Encyclopedia of Chart Patterns, Second Edition (the green book pictured on the bottom left), Table 49.2 for
symmetrical triangles says that it took price 124 days to climb an average of 31% after the breakout, but it took price 45 days to drop 17%, both in a bull market. The drop is over
twice as fast as the rise. And this is not an isolated example.
Busted pattern. After the breakout reverses, trade the new direction.
32,750 or 30,700 by 03/15/2021
Latest Releases 
on