The stockTwits edge : 40 actionable trade set-ups from real market pros

Profitable trade set-ups from StockTwits leading traders. StockTwits has emerged as the leading stock market social community site, providing traders and investors with a vehicle to exchange ideas and receive real-time market insights. In The StockTwits Edge, contributors to this site, both well-known professional traders and lesser-known individual traders who have attracted a following on StockTwits, describe their most successful trade setups. Throughout the book, traders discuss why their chosen set-up works; which environments the set-up is most likely to produce profits; and how to identify the set-up as markets unfold. Reveals successful step ups through examples of a closed trade; explains the underlying logic behind the set-up; and delineates specific entry, exit, and risk management rules to each trade set-up. Besides stock set-ups, the book also includes set-ups relating to options and forex trades. Contains short bios for each trader/contributor and a general description of their trading philosophy. While there are many factors involved in successful trading and investing, the ability to identify profitable situations is paramount. This book will help you achieve that goal.