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Swing Techniques

Profits come from other traders pockets.  While most participants realize that a winner stands next to every loser, few comprehend the true mechanics of this statement.  The markets have never been a team sport.  Swing traders must be predators ready to pounce on ill-advised decisions, poor judgment, and bad timing.  Success depends on the misfortune [...]

2017-08-18T05:02:49+00:00 By |

Candlestick Trading – A Key

www.providentinvesting.com   Candlestick Patterns are formed because of the collective buyer and seller sentiment (emotion) in the auction market-place.  More particularly, the patterns reflect changes in investor sentiment.  For example, study this candlestick pattern and consider how emotions might be changing as time moves from left to right.  Fig. 1 is kind of a blur at first [...]

2017-04-05T23:26:13+00:00 By |

Variation and the Stock Market – Stat-think

  www.providentinvesting.com Statistical thinking: This philosophy (Stat-think) relates to how people take in and process information (learning) as well as how they respond to it (action). It is based on the following: 1.  Variation exists in all processes. That is always true, a fact of life! 2. All variation is the result of two separate [...]

2017-04-05T23:26:13+00:00 By |

TC-2000 Technical Indicators

  TC-2000 users, find  an EASY SCAN  lesson on finding your own picks: This Guideline introduces our overall study of technical indicators.  Lets put reality on the table and make the effort worthwhile by: Covering three important proprietary indicators offered on TC-2000. Learning to set up TC-2000 for all indicators studied. Adding a final indicator [...]

2017-08-28T00:20:32+00:00 By |

Setups for Swing Traders

www.providentinvesting.com 1.  A setup refers to conditions that must be met before any other action takes place.  They are essential for most entry and exit steps in any system.  Before we pay money and enter a position, certain criteria must be met. That criteria is our setup.  We spend countless hours looking for the right [...]

2017-04-05T23:26:14+00:00 By |

Technical Analysis Trading

www.providentinvesting.com   Technical Analysis Trading is important along with looking at value. But perhaps weighted to a more important level when we understand that when trading,  we are considering  short term investments. While fundamental analysis tells us which stocks to buy from the viewpoint of value, the technical trader studies price and volume patterns to know when to buy into [...]

2017-04-05T23:26:14+00:00 By |

Traders Action Zone – Swing Trading Strategy

  www.providentinvesting.com     Traders Action Zone has four stages, each one dictates how a stock should be traded. Traders Action Zone or TAZ contains the simple truth to all stock market trading and  lies in the figure below (Fig. 1), whether it is a broad market index or a single security.  Understanding which stage [...]

2017-04-05T23:26:14+00:00 By |

Candle Pattern – The Simplest

  www.providentinvesting.com     Bucket Organization: There are all sorts.  Buckets, I mean.  Garden pails, Milk pails, sand pails, these are truly just buckets.  If you need more than a gallon or two of paint it comes in a what? A bucket.   I remember life before bucket seats. Even the boss has replaced her [...]

2017-04-05T23:26:14+00:00 By |

Swing Trade – A Winning Strategy

www.providentinvesting.com   When we put our small child on their first bicycle, it was a with the use of training- wheels.  As they matured in the use of this new machine, they slowly developed a feel for the bike until they had the stability and understanding to remove the training-wheels.  And like they say, you’ll [...]

2017-04-05T23:26:14+00:00 By |

Book – Provident Investing – Revised for Traders!

  www.providentinvesting.com "Provident Investing" begins with this forward: Book origin... 2013, Bob Robertson     My first foray into the world of commerce began many years ago when I was in the 5th grade in a small western town. I built a small table out of an orange crate and sold bags of popcorn outside [...]

2017-04-05T23:26:14+00:00 By |