LearnN Stock Trading Spreadsheet for LibreOffice
and Excel (c)
Rob Hock 2024-2025
the SETUPS
| #1 | THE REVERSAL: | Bread & Butter day in, day out, 1st base, 2nd base is always home run. |
| #2 |
HOF BUYING: | Rare but market favorite! |
| #3 |
THE INVESTMENT: | Got a brain? Take a trip down the scary-brick road; find a spine, join a Pine |
| #4 |
THE SETUP: | Catalyst
+ Catalyst / Inflection Point |
SETUP #1: the reversal
ahhh, the REVERSAL, wait for confirmation: let the phat trout like it, like it A LOT!, then pull like a hunter in training.. Shoot your power. Fun xThis is all about time-frame
and timing and is considered a SCALP trade since we're only
here to capture a correction that could be temporary. The
reversal is about a security's price movement reversing its
direction (with our money on it).
SETUP #2: HOF buying
Rarest of all setups
nevertheless a market favorite: "Hand Over Fist Buying" is a
financial condition that seems like a medical one. Instrument
does not cease from screaming VALUE. Volume is typically steady
and consistent during these events while rising price taunts
everyone with eyes on it. "Get in now! No. I never chase."
is idly standing by but the SETUP is there! Moving averages are
not going to help anyone find entry. There are no pull-backs.
Caution: Must buy the Ask, set
quick & hard STOP under Bid, wait for rug pull or profit.
Use TRAILING-STOP order to manage the move if broker supports.
If not, keep your hands on a ready to sell-at-market order.
SETUP #3: the investment
Are you bully or bear? What
is your thesis? Somewhere in the middle; in the twilight
with a flashlight? Like clues to the case, your stock picks
suggest companies, sectors, and general areas of interest
that you may feel passionate about. Throwing your money at
what you like is a sure way to enjoy it! Don't forget who
told ya!
My thesis has always been
bullish. I cannot get my head around shorting
(borrow/cover). I will not pretend to Forex or know anything
about these subjects. Shopping for under-valued stocks each
day has led me to opportunity. Typically, time & time
again, without fail, my opportunities for finding beaten
down stocks have increased dramatically when I go shopping
around these TIMES OF DAY:
7am NY time: dumping time
9:30am NY time: dumping time
11:30am NY time: dumping time
3:57pm NY time: dumping time
It is like a schedule for
trash service! No offense meant to all the fine companies
and financial instruments, but retail traders dump their
positions before lunch, before the close, after the open,
before the open. Bargain hunters (like moi with me bum
mittens) spots the jewels and we grabs 'em!!
Level2 will show a LOT
of askers and little bidders. Exhaustion + fear
renders break in support to new LOD (low-of-day) or re-test.
This is time to grab position (nibble, third, half) and feel
the water between your toes. Longer time frames will be
considered here. Your target has to be INVESTMENT or
intra-day hold (SWING) and you must be hunting for best
position like NASCAR driver. Watch trade tape and order flow
for cues on finding the entry. Experience will
educate.
SETUP #4 = catalyst + catalyst / inflection point
Not so much a math
equation as a recipe, Number 4 encompasses all of the
harder setups I rarely use and know very little about. I
won't pretend to have experience with these but I do
tell: hunting for good reasons to buy is a factor of
multiples. When catalysts combine to recommend an
inflection point, take notice, shop for entry, plan your
risk, choose your stop, and dip your feet. If the
sentiment is bullish and everyone wants your BAG, stick
around.
//RUNAWAY TRAIN error:
low float speed your "BOAT" catch the rope
-------running all day without you Mr. Missing Out, grab
the rope now: find an inflection point marked with
relatively high volume and catalysts for either
continuation or reversal. For entry on pullback, use
moving averages and clues you find in Level 2. Stacked
catalysts are like toppings for your sundae. The more
you find, more reason to celebrate and dip your spoon!
//GOOD VALUE: trip a
little and find yourself in the stock of your dreams.
This might be about your WL and what is flagging. Pick a
winner and wait for the pattern you've seen time and
time again you PDT.
//CLOSING TIME: Go
fishing or golfing; You're alerts and chart studies will
present you with many opportunities while you watch
Looney Tunes. A bully shopper will place alerts above R
(resistance) and below S (support). Power in hand is
worth good position if bidding wisely and fishing at
appropriate price depth.
//CAUTION: Exercise
caution whenever practicing a new approach or trading
while rough seas. Staying in port (cash) can be an
investment strategy too albeit not a very good LONG
one.
Find stocks buzzing with
signal and circumstance for profit. Monitor your WL,
alerts, and charts for those moments of opportunity.
When you see ducks lining up in a row, look for entry
and a plan for managing risk. Remember, news moves
markets but so does intelligence. Be intelligent,
anticipate the move... or follow the pack (volume Volume
VOLUME).
Setup Number 4 typically
requires constant market surveillance. You naturally
want to chart your best candidates and wait for
opportunity to POUNCE.. That's what I heard everybody's
doing.
Every sailor knows
treasure is land. "#1 bread & butter", I'll be over
here
