10-Week Moving Average: Reading the First Pullback

Six weeks after a breakout from a 48.20 pivot, a hypothetical stock has run to 61.80. Then it gives some back. Three weeks in a row close lower, and the…

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Bruce Kovner: Turn Market Views into Defined Exposure

Three hypothetical positions each carry 500 of planned risk. One depends on a stronger currency, another on lower commodity prices and a third on a related interest-rate move. The account…

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Brian Shannon: Put Timeframes and Anchored VWAP to Work

A hypothetical stock breaks above 42.00 on a fifteen-minute chart while its daily chart sits beneath repeated highs at 42.50. The short-term move is real, but so is the nearby…

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Wide and Loose Base: Reading Unstable Consolidation

Picture a stock that ran from 41.20 to 84.60 in five months and then spent eight weeks moving sideways. On a zoomed-out weekly chart the pause looks respectable. Price held…

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Read more about the article MYGN +1021%: the year-long base breakout of the genomics boom, September 1999
MYGN on the 1999-09-08 breakout entry, from my chart archive

MYGN +1021%: the year-long base breakout of the genomics boom, September 1999

From September 1998 to mid-August 1999, Myriad Genetics traded between a 1.70 low and a 3.34 high, a gene-discovery company whose stock had gone nowhere for eleven months. MYGN is…

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Brian Gelber: How Trading Changes with the Marketplace

A hypothetical trading model earns 0.08 per share before costs. Its execution assumptions allow 0.03 per share for the complete trade, leaving 0.05. If the actual cost rises to 0.09,…

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Mental Rehearsal for Trading: Practicing the Hard Moments

The position was bought on a breakout through 48.20, and the written stop sits at 45.30, a planned risk of 2.90 a share. At 8:40 the next morning the pre-market…

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Brett Steenbarger: Make Trading Practice Measurable

A hypothetical breakout reaches its planned exit at 29.00 after an entry at 30.00. The trader closes the position, records a 1R loss and immediately takes another setup that never…

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Overtrading: When Pressure Replaces Your Setup Criteria

The plan on the screen is short. A growth stock has built a seven-week base with a pivot at 52.40, the index is holding above its 50-day moving average, and…

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Alexander Elder: Connect Trading Rules, Mind and Risk

A hypothetical trade has an entry at 40.00, an exit reference at 38.00 and a quantity of 500 shares. The planned price risk is 1,000 before costs. If the trader…

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