How to Use Trading123 Alerts: Each morning before the market opens we send out our daily newsletter by email. We will have up to 6 to 10 stocks that we feel will move the most during the trading session, based on technical chart patterns, news, gaps or breakout chart patterns. The newsletter may reference comments on the stocks and will have long and short entries for the trading day. Using your charting software you can set alerts based on our newsletter. The information is for education purposes to help you improve your trading.

Basic Alert Example: Sample Newsletter

AMZN: Stock may have found bottom after being down past three days. Long:  37.64 Short: 37.24

Long Entry: So based on above alert you would enter along once the stock got over 37.64 and look for the volume to be increasing as stock is trending up.  

Short Entry: Based on above alert short once the stock gets under 37.24.
 

BRCM: Stock in uptrend past three days, breaking out to new highs. Long:  28.64  Short: 28.22

BRCM Alert: Based on the alert above we have two long once the stock clears the entry level and has above average volume.

Helpful Hints and Tips for Trading Entry:

• #1 Goal is to Protect Your Capital, without it, your cant trade.
• Always use a stop loss and honor it.
• Determine stop loss before entering trade.
• Don't overtrade. 4-10 trades a day are enough.
• Think Risk-Reward before entering a trade. Were can the trade go.
• Trade with the amount of shares you are comfortable with.
• If you never trade a particular stock before, trade with smaller shares.
• Small profits add up quickly.
• Trade stocks that you are familiar with
• As some stock move quicker than others IMCL quick, AMAT slow
• Take profits and scale out of trades.
• Don't trade low volume stocks, more risk.
• If the trade is not working exit. Find another one. 
• Trading the first 10 minutes of the open is the riskiest.
• Don't let a winning trade turn into a losing one. Tape that to your monitor !
• Volume: Stocks don't move unless there's volume. So on breakout plays, look for increasing volume, volume exceeds the previous days, or the volume has increased as the stock trades higher. Many trading platforms offer a normalized volume indicator or volume + indicator that is used to measure average daily volume.
• Use your charting software and enter our alerts
• As market moves quick, let the charting software do the work.
• STOPS: We traded 500 shares on our alerts and use a .30 to .50 cent stop depending on the stock and its trading range.
• Stocks with ++ next to it have most potential during day.