We recently had a market roll over which can provide many great shorting opportunities. A lot of people assume they can only go long. But when this type of dump happens, you can have bigger gains because the range expands. Remember, stocks take the stairs to go up and the elevator to come down.

SHOP

SHOP was breaking support the last couple of days. Yesterday it had a great bounce because it never broke its 9 EMA. So today when it started to roll over and break under its 50 SMA, that’s a sign that its re-breaking. We took multiple trades on this, with the thesis that on the bigger picture SHOP was ready to go. All we needed to do was align our intraday setups to really nail this thing down.

I traded 2 setups with SHOP that worked out well. In the morning you can see this huge push down so I waited for a bounce. When it remounts some support I waited to short it. As it popped into its 20 EMA, and remounted the VWAP I shorted it a few hundred shares. I shorted 300 at $87 and covered 100 every time it flushed.

When I’m trading well, I’ll typically hit a stock 4 to 5 times to elongate my gains. It’s not about going all in, but trading around a core position. So once it popped again. I shorted at the 9EMA but ended up covering it flat. When it started to go up, rather than getting frustrated, I got excited. I got out for a small loss but if it starts to pop, I’m going to be able to get more reward because I would be able to short it higher. A lot of people take a small loss and get frustrated. But if I have an overall thesis, I know that I’m going to end positive at the end of the trade.

Once it popped into the VWAP midday, I shorted it as it once again moved back under with a stop above the recent pivot high. Then it just broke down, allowing me to cover into the flush. A stock like SHOP has incredible range, so only shorting 300 shares can give you some massive gains.

The post Bigger Gains Shorting Stocks As The Market Rolls Over appeared first on Bulls on Wall Street.

Are you shocked?

Probably, because most traders panic, make bad decisions and lose their shirts during market selloffs.

During our last market selloff in late June, Trade Report members and I had some of our biggest trades of the year. Check out the trading stats.

The cycle for most traders starts with a few months of fantastic trading as the market ramps up, a bit of a slowdown during consolidations, another big run where said novice trader starts envisioning future riches, and then the dreaded selloff that wipes out months gains.

It does not have to be this way.

In today’s video I show you how to break the selloff cycle with an automatic low risk-high reward play that allows you to master market selloffs and profit while the dumb money is losing. The beauty of this trade is you don’t have to spend hours analyzing setups or make rushed, often panicked decisions. Instead,  you use a a simple 2 minute process that allows you to hedge your account and potentially make big gains.

Watch, learn and let me know what you think!

This swing trading service is great for those that work and can’t monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.

Check out the Swing Service HERE

Follow me, Paul Singh AKA “TheMarketSpeculator” on Twitter or email me at SinghJD1@aol.com.

The post How to Trade A Market Selloff in Under 2 Minutes appeared first on Bulls on Wall Street.

NOTE: On Tuesday May 10th Kunal and I are hosting a webinar all about the hit energy sector, and we’ll answer all of your questions! Join us  here.

What are you going to learn in this swing trading video?

1. How to short explosive moves without fear.
2. A reason why 90% of traders fail and why you will not.
3. Timing entry signals for the parabolic short setup.
4. Strategy tips for part-time traders

Watch, learn and let us know what you think!

This swing trading service is great for those that work and can’t monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.

Check out the Swing Service HERE

Follow me, Paul Singh AKA “TheMarketSpeculator” on Twitter or email me at SinghJD1@aol.com

The post Anatomy of a Winning Swing Trade | Parabolic Short and JNUG appeared first on Bulls on Wall Street.