If you know me, you already know how excited I am about this market.
Don’t let anyone tell you again that summer is the slowest time of the year. Forget everything you’ve ever heard before!
We’re in the thick of one of the hottest summers of trading I’ve seen…maybe ever!
Just wait for when we roll into fall and winter!
And the very beginning of the week is also hotter than ever before…
Every Monday, the market kicks back into gear after a weekend of rest… And that reset creates a unique opportunity!
Right at 9:30 am Eastern, as the opening bell rings, we look for a very specific setup that often shows up like clockwork.
And it has delivered some incredible wins!
Take this past Monday, the 28th…
VisionWave Holdings (NASDAQ: VWAV) gained an incredible 443%* after announcing it had obtained major funding for its AI Defense Platform!
These are the kinds of morning spikes we hunt for every Monday!
Want to learn how to spot them for yourself?
Watch the video below for the full trade breakdown and strategy tutorial for my Monday Setup.
Amidst what I’m calling “The Golden Age of Trading,” if you’re waiting to start learning the best setups, you’re already too late.
So let’s get you caught up!
Table of Contents
Scalping and Trend Trading
These are two of the most common strategies in a trader’s playbook…
And while I primarily lean toward trend trading, knowing how to use both helps you adapt to whatever the market throws your way.
All the other setups I teach are laid out and explained in my 10 Trading Patterns You Need To Know eBook. This resource is a must-have in every trader’s toolkit!
Markets rotate. Sectors rotate.
Sometimes, like right now, penny stocks are hot. Other times, large caps or ETFs take center stage.
Other times it’s crypto, AI, or nuclear stocks.
My point is that your strategy should evolve with the market.
Scalping: Quick In, Quick Out
Scalping entails making multiple trades throughout the day, aiming to capture tiny price moves.
Here’s a breakdown…
- It requires laser focus, constant screen time, with no room for distractions.
- It’s great for full-time traders who can be glued to the screen.
- It delivers small gains, but done right, they add up fast.
- Discipline is critical… One missed stop loss can wipe out 10 wins.
Trend Trading: Ride the Bigger Moves
Trend trading focuses on spotting directional movement over time, like hours, days, or even weeks…
- It requires analyzing charts of multiple timeframes: I use a 5-day, 15-day, and a one-year chart.
- It’s ideal for part-time traders or those who prefer nights/weekends for prep.
- Less screen time is required, with more emphasis on planning and discipline.
The key with trend trading is doing your prep before the market opens. It’s one of the most powerful habits you can build.
Need help with that?
Join me every morning at 8:30 AM ET for my Pre-Market Prep session.
Pre-Market contains no fluff or filler… Just honest talk, advice, and instruction to help you prepare for your day.
Learn more about it during one of our free daily webinars.
Clear Goals Are a Must
Too many traders get this wrong…
They enter a trade without a goal or plan.
And this is what happens: The stock moves in their favor… and they freeze.
They start dreaming about that huge boat or fancy car they’re going to buy, and then the stock reverses.
They go from a solid win to break-even or even a loss.
Don’t worry, I’ve been there…more times than I care to admit.
The fix?
A clear trade plan and defined goals.
Once your target price is hit, you take the win and cash out. Don’t second-guess.
Discipline locks in profits and keeps emotions in check.
Risk Management is Non-Negotiable
No matter what strategy you use, you need to define your risk parameters…
Especially with scalping. Without tight stops, you’ve got a disaster waiting to happen.
You can go 10-for-10 on trades and blow it all on one mistake.
Always set stop losses and profit targets before you enter…
And stick to them!
My Final Thoughts…
Trading is a journey. It’s about constant learning and adapting. What worked last month might not work today.
That’s why I always say, “Keep the tools sharp, but know when to use them.”
Continuous learning and refining your strategy is what keeps you in the game.
I like trend trading for its structured approach and risk management…
But scalping is great for times like these when the market’s moving fast.
What matters most is being equipped to adapt.
- Have a plan.
- Manage your risk.
- Stay disciplined.
- And never stop learning.
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
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