The Top Ten!
1. Reversal Alarms (buys/shorts) are most affective on days when the market is neutral and in a very tight range.
2. On days when the market is strong due to economic news, only select "Buy" Reversal Alarms, avoid Short Alarms. On days when the market is weak due to economic new, only select "Short" Reversal Alarms, avoid Buy Alarms.
3. Avoid Reversal Alarms on stocks showing breakout volume.
4. Choose Reversal Alarms where stocks are moving opposite to their competitors, there is no significant news, the stock appears to be over reacting to a small market move, the stock has a 3 week detailed chart which shows reversal patterns based on extreme burst moves.
5. Always double click on Alarms to open up the detailed report, which includes the stock's trade history, news, competitor movement, detailed charts, market charts.
6. Momentum Alarms are most affective when moving with the market, on very strong market days choose Momentum Buy Alarms, on very weak market days choose Momentum Short Alarms.
7. Gap Alarms are affective based on longer term trade history.
8. Volume Alarms occur on stocks showing huge volume increases intraday, this is a strong indicator of intraday momentum.
9. Always cut losses at a predefined limit.
10. Don't be scared to book a profit.