Well, well, well…
After we made up for the April downturn yesterday, I hoped the market would keep on going.
Nope. No such luck.
This is why I said yesterday to keep your eyes open and not to bet on that horse just yet.
And it’s also why day trading continues to be our best friend right now.
The tried and true setups come through for us day after day.
No need to worry about what the broad market is doing. Penny stocks don’t care!
And I recently discovered another great trade pattern that only appears on one day out of the week.
I’ve found that Monday morning presents a unique window of opportunity that doesn’t exist at any other time during the week.
This Monday setup has brought 100%+ wins…in just one day!*
I’ve studied and perfected this trade, and now I want to share it with you.
Learn it for yourself in my video tutorial below:
In the meantime, another one of my favorite patterns is sending us huge moves this week.
If you don’t already know how to spot it, you’re missing out!
Table of Contents
Which Trade Setups Should You Know?
A lot of new traders try to trade a million different patterns and styles…
You name it, they’re trying it. But instead of getting better, they’re just getting more confused.
This might surprise you, but you don’t need to know 100 trade setups and patterns to be successful.
I have several core patterns in my toolkit that I teach and use every day.
Why these?
They’re the same ones I’ve been using for nearly two decades. These are the ones that helped me go from having no edge to building real consistency.
They’re not the only setups I trade. But they’re the ones I recommend every new trader start with…
They’re repeatable, they have a high probability of success, and they build confidence. And confidence is what leads to real growth.
No, no trade setups or patterns work 100% of the time. That’s impossible.
But these setups have proven themselves repeatedly, which gives us a higher level of certainty that they’ll work again.
Why Confidence Is the First Step to Success
You don’t need to make $10K to build belief in yourself.
Make $10. Make $100. Lock in some green days, and then you’ll start trusting your process.
That small win becomes the foundation for long-term success.
Too many traders give up because they’re stuck in “strategy hopping” mode, trying a setup once or twice, then chasing the next shiny object.
Forget all of that.
Pick a few reliable patterns, get good at those…
Develop your account and your mindset step by step.
Once you’ve got some consistency, you can branch out into bigger and different trading styles.
This Week’s Most Successful Setup
The Morning Fader pattern is one of my go-to setups.
It’s easy to understand, high-quality, and high-probability…everything I’m looking for before I enter a day trade.
Basically, it works like this:
You’ll see a stock gap up early, and it looks like it’s ready to run.
But instead of following through, it fades all through premarket, grinding lower into the open.
That fade? It’s bait. It traps the short sellers who think it’s a one-and-done.
Then comes the short squeeze, which presents an opportunity for us on the long side of the trade.
Using this pattern with our Oracle tool, which gives you an entry price and a stop loss, you can see big gains.
To learn more about the Morning Fader, check out my recent blog post.
Here’s what we’ve seen this week already…
On Monday, Hyperscale Data Inc. (NYSE: GPUS) faded into the open…
After hitting the green Oracle buy price of $3.48 per share, the stock ran up to a high of $9.08, for a return of 161%*.
GPUS One-Day, 5-Minute Candles Chart; SteadyTrade
Also on Monday, we saw NuCana plc (NASDAQ: NCNA) make a similar movement.
After bypassing the Oracle entry price, it returned 90%*.
NCNA One-Day, 5-Minute Candles Chart; SteadyTrade
Yesterday morning, AIFU Inc. (NASDAQ: AIFU) also exhibited the Morning Fader pattern…
It hit the Oracle buy price and returned 12%* within minutes.
AIFU One-Day, 5-Minute Candles Chart; SteadyTrade
And then there was Pasithea Therapeutics (NASDAQ: KTTA) from yesterday, which faded into the open and then popped to a high of $3.79 per share.
KTTA One-Day, 5-Minute Candles Chart; SteadyTrade
See how simple it is to trade this pattern? Especially with Oracle…
And the examples above aren’t the only winning Morning Faders we’ve seen so far this week.
My Final Thoughts…
The Morning Fader lets you play explosive movers with lower risk by skipping premarket chaos and focusing on confirmed setups.
And best of all, it’s reliable!
To spot these setups yourself, you need a great trading platform…
It should feature real-time data, charting, technical indicators, stock screeners, and more.
The StocksToTrade platform has everything you need to stay ahead of the game, all in one place.
And right now, you can get two weeks of both the STT platform and our Breaking News Chat service for $17.
Grab your 14-day StocksToTrade + Breaking News Chat trial today for only $17.
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
- Check out one of my other favorite trade patterns, the VWAP Hold.
- Another great tool like Oracle is XGPT, our AI-powered trading system. Learn more about it here.
- Read here about one of my best trading secret weapons.