The criteria I look for with my top two patterns... Good Morning! The recent market rally after a big selloff has created choppy price action. Plus, weâre headed into a holiday and short trading week⦠We could see even more whipsaw action and that can make trading a little more complicated. So today Iâm sharing one way you can keep it simple⦠Nowâs a great time to make sure you know what trades are working for you, and which stocks are offering the best trades. For me, that means sticking to stocks that check all the boxes. And I run over that checklist before taking a trade. But a box checker looks a little different, depending on which pattern youâre looking to trade. So let's break down what boxes I look for and how it plays out on the chart⦠Then Iâll share how you can develop your own checklist for trading⦠Itâs the catalyst that helped me finalize my ideas and get them down in writing. Get all my trading checklists and resources in the SteadyTrade Team â [join here]( Whatâs a Box Checker? A stock that checks all the boxes will be different depending on which pattern you want to trade. My number one watch yesterday morning was NeuroSense Therapeutics Ltd. (NASDAQ: [NRSN](. The [Breaking News Chat]( team alerted the companyâs [positive study results]( in premarket. ([See the alert here]( And after NRSN spiked and consolidated, I told [SteadyTrade Team]( members that itâs a box checker for a dip and rip... Here are my [stock criteria for a dip and rip]( - former runner
- news catalyst
- low float
- high volume
- spike and percent gain in premarket NRSN had them all. As my notes said, itâs a former runner with a news catalyst. It has a [low float]( of roughly 6 million shares. It spiked in premarket with high volume and rotated the float 35 minutes after the PR. That made it very interesting. And we got the dip and rip shortly after the open⦠NRSN chart: 1-day, 2-minute candle â courtesy of [StocksToTrade.com]( Now, for other patterns, I want to see different criteria. For example, for an [afternoon VWAP-hold high-of-day break pattern]( I want to see the following boxes checked⦠- hot sector stock (Ideally)
- News catalyst
- Big percent gainer
- Above VWAP
- After noon Eastern (preferably around 2 p.m.) But even if a stock checks all the boxes for a perfect trade â the marketâs always right. Price action is king. So while checking the boxes can help you spot an ideal trade, always keep risk management in mind. Have a risk level where youâll cut losses. If you want help getting your ideas and mental checklists down on paper, consider reading, â[The Checklist Manifesto: How to Get Things Right]( by Atul Gawande. (As an Amazon Associate, we earn from qualifying purchases.) Itâs not a trading book per se, but it shows you how using checklists can reduce mistakes in any profession or procedure. Reading it was a catalyst that helped me finalize my own mental checklists and write them down. Now I share my checklists and resources with [SteadyTrade Team]( members... Want access? [Jump start your trading in the SteadyTrade Team today](. Have a great day. Iâll see you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored [Special Training TODAY at 1pm ET for Your Weekend Play]( Today at 1pm ET weâre going live with real market training⦠Weâll be discussing one of the most powerful ways to generate an extra payday on Mondays. If youâre interested in learning how to wake up to a potential $100, $1,000 or even $5,000 payday on Monday⦠[Then youâre going to want to secure your spot by clicking here >>]( sponsored [The Millionaire Strategy ANYONE Can Use]( Tim Sykes here⦠Twenty-five of my millionaire students have used [this exact pattern]( To reap trading profits of $36,125⦠$68,214⦠and even $681k all in a single day. And I KNOW it could potentially do the same for YOU! [>> Watch This Short Presentation Now <<]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes]( [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. Copyright © StocksToTrade.com