The StockTwits Edge: 40 Actionable Trade Set-Ups from Real Market Pros

357 Pages·2011·20.36 MB·English

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THE
EDGE
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Foundedin1807,JohnWiley&Sonsistheoldestindependentpublishingcompanyinthe
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Foralistofavailabletitles,pleasevisitourWebsiteatwww.WileyFinance.com.
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THE
E D G E
(cid:2)
40
Actionable Trade Setups from
Real Market Pros
Howard Lindzon Philip Pearlman Ivaylo Ivanhoff
editors
John Wiley & Sons, Inc.
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Copyright(cid:2)C 2011byHowardLindzon,PhilipPearlman,andIvayloIvanhoff.Allrightsreserved.
PublishedbyJohnWiley&Sons,Inc.,Hoboken,NewJersey.
PublishedsimultaneouslyinCanada.
Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedinanyformorby
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LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorshaveusedtheirbesteffortsinprepar-
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LibraryofCongressCataloging-in-PublicationData:
Lindzon,Howard.
Thestocktwitsedge:40actionabletradesetupsfromrealmarketpros/HowardLindzon,PhilipPearlman,
IvayloIvanhoff.
p.cm.—(Wileytrading;510)
Includesindex.
ISBN978-1-118-02905-3(cloth);ISBN978-1-118-08927-9(ebk);
ISBN978-1-118-08928-6(ebk);ISBN978-1-118-08929-3(ebk)
1. Foreignexchangemarket. 2. Foreignexchangefutures. 3. Investmentanalysis.
I. Pearlman,Philip. II. Ivanhoff,Ivaylo. III. Title.
HG3851.L536 2011
332.64—dc22
PrintedintheUnitedStatesofAmerica
10 9 8 7 6 5 4 3 2 1
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TheStockTwitsEdge is dedicated to our incredible
community of traders and investors, who have
brought forth the amazing talent in this book.
Thanks Friends!
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Contents
Introduction xi
PART I TRENDFOLLOWING
CHAPTER 1 FindTrends,RideThem,andGetOff 3
HowardLindzon
CHAPTER 2 Trade,Trend,Tail 13
KeithMcCullough
CHAPTER 3 Don’tQuit 17
MichaelK.Dawson
CHAPTER 4 KnowThyself 25
ChrisPeruna
CHAPTER 5 InsiderInformationIsReflectedintheCharts 31
KeithKern
PART II VALUEINVESTING
CHAPTER 6 MarginofSafety 37
ToddSullivan
CHAPTER 7 TheBeanScreen 43
DanielMillerandJasonRobinson
CHAPTER 8 FallenAngels 53
MichaelBigger
CHAPTER 9 DividendsDon’tLie 59
EddyElfenbein
(cid:2)(cid:2)
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(cid:2)(cid:2)
viii CONTENTS
PART III DAYTRADING
CHAPTER 10 OnlyPricePays 67
BrianShannon
CHAPTER 11 IntradayEarningsMomentumGapTrade 73
JohnLee
CHAPTER 12 TradingtheNews 83
MikeBellafiore
CHAPTER 13 IntradayMomentum 93
StevenSpencer
CHAPTER 14 TheUnderlyingPsychologyofLargePlayers 99
GilbertMendez
PART IV SWINGTRADING
CHAPTER 15 FlagsandWedges 107
JoeDonohue
CHAPTER 16 BreakoutfromaTightBase 113
chessNwine
CHAPTER 17 TheBaseIsEverything 119
HCPG
CHAPTER 18 TradingPeople,NotStocks 127
JoeyFundora
CHAPTER 19 TheTop-DownTechnician 135
GregHarmon
CHAPTER 20 IdentifyingTrendShifts 141
DerekHernquist
CHAPTER 21 AChartWillNeverLietoYou 149
SunriseTrader
CHAPTER 22 TheShortSqueezeTrade 159
FrankZorrila
CHAPTER 23 ThePriceTellstheStory 165
DeraldMuniz