“Protecting capital is more important to me than being right”

July 11, 2016

A few wise words from Peter Brandt…

“The need to protect my pile of chips is stronger than my need to engage every trade I see…I am willing to try a significant pattern twice but then go shopping elsewhere. That is really what my trading is all about…..
take a shot at a pattern that makes sense, wash out the losers quickly and hang onto at least a portion of the winners for as long as feasible.It is a pretty simple formula requiring patience and a ton of discipline”


Tutorial: Inside day/R1 setup $IBB

July 7, 2016

Textbook inside day setup with bull flag entry at R1. Bread and Butter day trade. Note R1 exactly at inside day high.



Radar – AEM

January 17, 2014

Radar – AEM – perfect bull hook yesterday:


Charts to Study – EOG, UA

January 16, 2014

Charts to Study – EOG, UA – great examples of breakouts on daily charts following intraday support:


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Charts to Study – PG, GE, AAPL

January 16, 2014

Charts to Study – PG, GE, AAPL – great examples of intraday overshoots of S2 at daily support:


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Radar/Study – N

July 11, 2013

Radar/Study – N – beautiful ex. of prev high acting as a magnet in strong stock;
nice smooth trading action along MAs, nice rising tri./pennant around R1, then push to R2:

Radar/Study – UNXL

May 30, 2013

Radar/Study – UNXL – Textbook 5-wave advance, triple-top, 62% correction to Wave 1 High:

Radar – FDN

January 3, 2013

Radar – FDN – Beautiful chart and great way to play internet space:

FDN Daily

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Charts to Study – 50day/ATR Breaks

October 25, 2012

Charts to Study – 50day/ATR Breaks – AN, CAB, CL, JAH, LAD, SHW.  Shows the need for a stop if you look to buy pullbacks (as I do) to the ATR/50-day. What else can be learned?

AN Daily

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Study – BblBhp

October 17, 2012

Study – BblBhp – I looked back to find a similar day in BblBhp120.  The first chart is from 9/14/12.  Note:
1. On 4-minute chart the pair never broke a swing low the entire day
2. At the max, the pair was up ~1.25, or 1.18 on 1-minute chart (not shown)
3. The pair maxed out at ~9:30 pst
If today does the same the pair would max out at 7.45~ at 9:30:

BblBhp 4-Minute (9/14)

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[8:47:52 AM] dan steinberg: right now the last 4 mn swing low is 7.13

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