I think a rare, but very reliable pattern (to the upside) it a stock that is hitting new lows and then does a breakout downward followed by an immediately breakout upward on above average volume.
1. Good price action and volume 2X 5X 10X higher than 60day avg 2. Must have strong News-Earnings-Catalyst is best if hot sector 3. Avoid stocks that are NOT in a hot sector (Hot sector is currently COVID related) 4. Avoid overnight trade if below VWAP near close 5. Look for Breakouts on the 5yr, 1yr chart, Look for resistance on these charts that it must break to be a true break out.
Breakouts are awesome! They are easy to trade if you are prepared. I am new to trading but the best lesson I've learned yet is to wait for the perfect opportunity and be patient. Thanks for the lesson bud!
Great video Tim. As long as there is a strong news catalyst and 10x the average day's volume, what volume level do you set your screeners to in order to return the stocks that are worth trading? Jake
Very good point. I used to trade B/O’s but I get faked out more than anything (based on my back testing). Now I usually just wait for the breakout, then a dip 50% or lower and enter there. Better r/r for me.
Super spot on for Aussie stock market that is always almost low in volume and more challenging to trade with lots of false / weak breakouts... thanks for the excellent tips !!! Cheers
This filter makes sense because a long lower wick represents a bullish rejection of price. The odds of a bearish reversal happening at current prices are lower if lower prices have already been rejected by the market.
Ive bought a couple breakouts and into a few false ones. Yesterday I went to buy into one and realized I already used up my buying power for that day, so I couldnt and then had to watch it skyrocket without me, ahhhh! it was sad!
Great presentation of the information TB. BTW, do you use the moving VWAP or not? I'm still learning and would like to know which is better. Thanks, RRG
Is it better to buy the break out once it hits the pre-market high or by the break out as it’s filling the gap like to U shape right before the pre-market high?
I'm testing 20 bucks on day trade since I'm a really begginer. It's been 5 days that every bollean bottom hit I avoid to buy, bounces to upper bollean line within minutes. And every single bollean bottom hit I buy becomes a nose dive (6 ou 7 times IN A ROW already). I can't understand how unlucky I am. I'm avoinding to buy on those down lines because of the dips I already got. When I avoid, stock goes up. When I do not avoid and take the risk, the next up is lower than my buy point, causing hours to get that price back to make it even. It's so frustating
So does that mean if it spiked and consolidated, buyers are holding. and if it then drops and spiked again they just wanna break even in a 3-5 year period? Doesnt this indicates more in the volume rather than in the chart? And normally, the 3-5 year period would have a lot less volume than the day you wanna trade it
So does that mean if it spiked and consolidated, buyers are holding. and if it then drops and spiked again they just wanna break even in a 3-5 year period? Correct, thats classic bagholder mentality. Doesnt this indicates more in the volume rather than in the chart? Not really failed breakouts happen because there is NOT enough volume to push through the breakout level. If there is huge volume higher likelihood it does breakout. And normally, the 3-5 year period would have a lot less volume than the day you wanna trade it Correct, like I mentioned in HUGE volume you get the break, low volume or average volume it most likely fails and you want to avoid, always always always look for unusual volume before you take the trade.
What about when you have a lower float that has already traded its volume in a few days. How do you think that affects previous breakout levels when the float has already been turned over multiple times
Its all about False breakout trading most people search for IQD Momentum Strategy created by Lukasz Wilhelm and enjoy thousands of dollars as a day-trader.
Thanks StocktoTrade! The first four tips I understand. The last one I don't know if I actually understand it correctly. If it is possible, can someone direct me to a chart or several charts that visualise what Tim is explaining? Thanks.
trust me, i don't know what I'm talking about (haven't made a real money trade yet) but what i understand from it, is large consolidation periods after a breakout means the next breakout is going to be a dupe because all the previous buyers are now looking to sell even, so while it looks like a good breakout, a lot of sellers will come out of the woodwork after holding stock since the last breakout and the price drops rather than breaking out as expected. Please correct me if I'm wrong @StocksToTrade
Breakouts are awesome, thanks for that info. I was wondering how much woukd i have to spend as a student on a month to month basis and my initial investment for my broker or is STT a broker, im a little confused. So monthly expense on STT Initial investment to trade and the coaching as a student?
For more information on pricing, please check out the following link to compare our different plans: StocksToTrade.com/plans STT is not a broker. Contact your broker for information on initial investments. STT does offer broker integration. If you are interested in this feature you can get the details here: po.st/stt_broker_int
OTC breakouts baby -- nasdaqs plain suck in 2019 last one i rememebr working well was bpth and xnet and both were reverse splits so that imo was a major factor in the breakouts working but OTC has been pretty great for there being no hot sector in otc land.. i cant wait until weed legalized in USA weed stock breakouts will be all day
The next step would be to mark some support and resistance lines on the chart, and we are good to go. You may have noticed 2 moving averages on my chart template working with your strategy. These are the 10 and 20 exponential moving averages used to ‘map out’ the mean value of price. The mean value area is where the market generally finds ‘value’. Mean value analysis is used heavily with our Forex trading system or strategy and it works very synergistic-ally with price action trading. i highly recommend Traders to get their own ebook from Lukasz Wilhelm and learn IQD Momentum strategy that covers one of the most powerful trading system in history.
consolidation is when a stock starts to move sideways rather than up or down a certain direction over a period of time....and resistance is the price point where stocks will sell off, or have a hard time getting passed historically
Have you bought breakouts? Has it worked for you?
Wasn't great , dropped down to where I got scared and cut the losses then later on the day it picked up when up a dollar .
Love tip 1: Never Ever is there follow through without a large volume spike. It Always fails otherwise.
@@fredyhernandez2569 You did the right thing cutting losses quickly.
@@pablodee9024 🙌🙌
I think a rare, but very reliable pattern (to the upside) it a stock that is hitting new lows and then does a breakout downward followed by an immediately breakout upward on above average volume.
1. Good price action and volume 2X 5X 10X higher than 60day avg
2. Must have strong News-Earnings-Catalyst is best if hot sector
3. Avoid stocks that are NOT in a hot sector (Hot sector is currently COVID related)
4. Avoid overnight trade if below VWAP near close
5. Look for Breakouts on the 5yr, 1yr chart, Look for resistance on these charts that it must break to be a true break out.
I love this guy, straight to the point without any sugar coating.
you deserve soooo many more subscribers! i feel like I learned more in this 10 min. video that others. Simple, straight to the point, no bs! love it!
"First thing I wanna talk about is volume". *Proceeds to start shouting*
Awesome Tim! I'm new in your StT. I've learned a bit so far and looking forward to really get going!!
Welcome aboard! study study study!
thankyou for the information I am watching all your videos as fast as I can You Rock
Thanks Tim !
Breakouts are awesome! They are easy to trade if you are prepared. I am new to trading but the best lesson I've learned yet is to wait for the perfect opportunity and be patient. Thanks for the lesson bud!
Great Video. Covered many mistakes I've made.
Awesome - glad to hear it!
Great video Tim. As long as there is a strong news catalyst and 10x the average day's volume, what volume level do you set your screeners to in order to return the stocks that are worth trading? Jake
It’s 2021 and I’m just learning as much as I can from your videos🤙🏽
Me too lol watched almost every single one!
Very good point. I used to trade B/O’s but I get faked out more than anything (based on my back testing). Now I usually just wait for the breakout, then a dip 50% or lower and enter there. Better r/r for me.
I like the Breakouts for sure!! Thanks Tim! ✨💪😊😎
Great video. And yes! Fakeout breakouts are something I have fallen victim too. These 5 tips are golden!
reviewing all the STT training videos. Thanks Tim.
Super spot on for Aussie stock market that is always almost low in volume and more challenging to trade with lots of false / weak breakouts... thanks for the excellent tips !!! Cheers
Very informative. Charts would be a big help.
Yes, bought the BO today on $POLA, went back to paper trading but sold way to soon. Trying to get back into it the right way.
I have bought breakouts and had some success. I am just testing my day trade skills.
Thank Tim for sharing all this very important Tips.
Good stuff Tim and I like that your right to the point.
Thanks! 👍
Thanks TB
Thankyou thankyou great help. Thankyou have a blessed day
This filter makes sense because a long lower wick represents a bullish rejection of price. The odds of a bearish reversal happening at current prices are lower if lower prices have already been rejected by the market.
Golden information!! Thx Tim!! STT cellphone app out anytime soon?
Love this video, thanks for sharing such core information
🙌🙌 We're glad to help.
Ive bought a couple breakouts and into a few false ones. Yesterday I went to buy into one and realized I already used up my buying power for that day, so I couldnt and then had to watch it skyrocket without me, ahhhh! it was sad!
Hey man loved the video. Entertaining and informative. When you were talking about the Vwap, which line specifically? The top, middle, or bottom line?
Great lesson!
Great presentation of the information TB. BTW, do you use the moving VWAP or not? I'm still learning and would like to know which is better. Thanks, RRG
More solid information in 15 minutes than many others give in one hour. ...."Brevity is close to Godliness".
Great video. Takes discipline to only trade within these parameters, but excellent advice.
Discipline is key, my friend.
I haven’t placed any trades yet. I’ve just been learning before I jump in to the game
thanks man good lessons to learn.
Tim, you talked about afternoon brake outs are your favorites, do you have videos expanding this in more details?, thanks and regards!...👍👍
Is it better to buy the break out once it hits the pre-market high or by the break out as it’s filling the gap like to U shape right before the pre-market high?
Very Informative Video! 5 important fundamental rules to success!
Yes! Thank you!
Thanks, for the valuable lessons
I'm testing 20 bucks on day trade since I'm a really begginer. It's been 5 days that every bollean bottom hit I avoid to buy, bounces to upper bollean line within minutes. And every single bollean bottom hit I buy becomes a nose dive (6 ou 7 times IN A ROW already). I can't understand how unlucky I am. I'm avoinding to buy on those down lines because of the dips I already got. When I avoid, stock goes up. When I do not avoid and take the risk, the next up is lower than my buy point, causing hours to get that price back to make it even. It's so frustating
Thank you, not yet
6-7 out of 10 Breakout buying works for me!
Boom! Great to know.
Can you talk about what news are good and what news aren’t news worthy ?
So does that mean if it spiked and consolidated, buyers are holding. and if it then drops and spiked again they just wanna break even in a 3-5 year period? Doesnt this indicates more in the volume rather than in the chart? And normally, the 3-5 year period would have a lot less volume than the day you wanna trade it
So does that mean if it spiked and consolidated, buyers are holding. and if it then drops and spiked again they just wanna break even in a 3-5 year period?
Correct, thats classic bagholder mentality.
Doesnt this indicates more in the volume rather than in the chart?
Not really failed breakouts happen because there is NOT enough volume to push through the breakout level. If there is huge volume higher likelihood it does breakout.
And normally, the 3-5 year period would have a lot less volume than the day you wanna trade it
Correct, like I mentioned in HUGE volume you get the break, low volume or average volume it most likely fails and you want to avoid, always always always look for unusual volume before you take the trade.
@@Stockstotrade Thank you very much Tim!
You are very generous
Is a breakout the same as a first green day
I have not bought a breakout but I am interested in learning there best strategies to buy
Paul hear from Delaware I’m still studying to be a millionaire student
What about when you have a lower float that has already traded its volume in a few days. How do you think that affects previous breakout levels when the float has already been turned over multiple times
Great breakdown of buying breakout, I’m sold. You got me as another sub.
We're glad you enjoyed it! Thanks for tuning in and subscribing 😁
Its all about False breakout trading most people search for IQD Momentum Strategy created by Lukasz Wilhelm and enjoy thousands of dollars as a day-trader.
Thanks StocktoTrade! The first four tips I understand. The last one I don't know if I actually understand it correctly. If it is possible, can someone direct me to a chart or several charts that visualise what Tim is explaining? Thanks.
trust me, i don't know what I'm talking about (haven't made a real money trade yet) but what i understand from it, is large consolidation periods after a breakout means the next breakout is going to be a dupe because all the previous buyers are now looking to sell even, so while it looks like a good breakout, a lot of sellers will come out of the woodwork after holding stock since the last breakout and the price drops rather than breaking out as expected. Please correct me if I'm wrong @StocksToTrade
@@berrodude you are right ATM my friend.
Thanks Tim
🙌🙌
Fk that's all I started buying but I'm forced to hold and learning from my mistakes I'm going to flow slow sell and hold back to educate myself thanks
Tim,
Great Information ⏰ and timing. 📉📊📈 STT the key to success..🗝
Thanks Mitch!
Breakouts are awesome, thanks for that info.
I was wondering how much woukd i have to spend as a student on a month to month basis and my initial investment for my broker or is STT a broker, im a little confused. So monthly expense on STT
Initial investment to trade and the coaching as a student?
For more information on pricing, please check out the following link to compare our different plans: StocksToTrade.com/plans
STT is not a broker. Contact your broker for information on initial investments. STT does offer broker integration. If you are interested in this feature you can get the details here: po.st/stt_broker_int
What would you say is good volume. Is it 1 to 5 million
Thank you!)
🙌🙌
Thanks bra
🙌🙌
Love break out just dunno when to get out..
It will never be enough. Get out when you've made your goal or risk losing it all very quickly.
Easy. Get out when you’re happy with your PROFITS. Greed kills
What is an average breakout?
I think im going to go with stocks to trade
Almost at 100k subs
🎉
This is Paul from Delaware I’m still studying to be a millionaire student
When will you develop a stt app for android. Guy i am constantly on the move. Carrying a laptop everywhere sucks.
OTC breakouts baby -- nasdaqs plain suck in 2019 last one i rememebr working well was bpth and xnet and both were reverse splits so that imo was a major factor in the breakouts working but OTC has been pretty great for there being no hot sector in otc land.. i cant wait until weed legalized in USA weed stock breakouts will be all day
The next step would be to mark some support and resistance lines on the chart, and we are good to go.
You may have noticed 2 moving averages on my chart template working with your strategy. These are the 10 and 20 exponential moving averages used to ‘map out’ the mean value of price. The mean value area is where the market generally finds ‘value’. Mean value analysis is used heavily with our Forex trading system or strategy and it works very synergistic-ally with price action trading. i highly recommend Traders to get their own ebook from Lukasz Wilhelm and learn IQD Momentum strategy that covers one of the most powerful trading system in history.
Makes you wonder about overall market highs now...
Yes it does...
Tim wears two watches on each hand. lol
Survival strap but I also have an internal watch that is never wrong. ;)
@@Stockstotrade sweet
He wears one watch on each hand (-:
"The Consolidation Area is built"... "Look for Resistance Points"
What do these words mean?
consolidation is when a stock starts to move sideways rather than up or down a certain direction over a period of time....and resistance is the price point where stocks will sell off, or have a hard time getting passed historically
What tool do you use to scan for stock?
StocksToTrade. Check us out: stockstotrade.com/14daytrial/
What happen to Stephen Johnson?
Check him out on the podcast, SteadyTrade.
I think Tim is secretly ex military some sort of SF anyone with me on this?
Amazong T im