Trading Basics Members

Stock Trading Basics
Dialing in the Entry

Where Should I Enter? Finding that Perfect Entry Many traders focus only on one price when placing a trade. Unfortunately, the price they tend to focus on—the target—isn’t even the most important price of the … read more Dialing in the Entry

Stock Trading Basics
How to Choose a Stop Price

Where’s the Stop? Definition of a Stop We’ve written previously about how to choose a stop level, and are going to expand on that with this article. A stop price is the point that you … read more How to Choose a Stop Price

Stock Trading Basics
Volume as a Trade Indicator

Volume Volume is simply a measure of how many shares of stock have traded over a given period of time. It’s one of the most basic and accessible numbers out there, but can still provide … read more Volume as a Trade Indicator

Stock Trading Basics
How to Choose a Target Price

Target Prices Sometimes in trading it is easier to see where a stop should be placed to limit the potential downside of a trade, than it is to find a suitable target price for the … read more How to Choose a Target Price

Stock Trading Basics
The Wanderer Breakout Trade

There are an infinite number of ways to trade a chart. At Wanderer we’ve got a few favorites, and some are easier than others. The Wanderer Breakout Trade is among the most straightforward, high reward-to-risk … read more The Wanderer Breakout Trade

Stock Trading Basics
Small Account—How To Get Started

Getting Started Recently one of our Wanderer subscribers asked: Any insight for folks asking for trading advice who don’t have a lot to invest (sub $5k)? Other than, “work harder, save faster” of course. 😉 … read more Small Account—How To Get Started

Stock Trading Basics
The Wanderer Double-B Trade

The Double-B To trade effectively, you need different tools for different chart patterns. Some techniques are better suited for markets that are already trending higher, and others are designed to enter a potential reversal where … read more The Wanderer Double-B Trade

Stock Trading Basics
Pulling the Trigger

Pulling the Trigger Does anyone else struggle with pulling the trigger on a trade? Always seems like too many options and I can’t decide on which one to do. This is a question that a … read more Pulling the Trigger

Stock Trading Basics
The Wanderer KISS-50 Trade

I have a good friend who earned his chops in real estate. He’s very good at what he does, and the results show it. Real estate is an overly broad term that could mean all … read more The Wanderer KISS-50 Trade

Stock Trading Basics
Pre and Post-Market Trading

After Hours Trading Pre-market trading in stocks occurs from 4 a.m. to 9:30 a.m. EST, and after-hours trading on a day with a normal session takes place from 4 p.m. to 8 p.m. With the … read more Pre and Post-Market Trading