Stocks & Commodities V. 25:3 (50-53): Dissecting A Winning Trade by Brett Grendahl

Stocks & Commodities V. 25:3 (50-53): Dissecting A Winning Trade by Brett Grendahl
Item# \V25\C03\053GREN.pdf
Availability: In Stock

Product Description

Stocks & Commodities V. 25:3 (50-53): Dissecting A Winning Trade by Brett Grendahl

Thereís a good reason you should keep a trading journal: analyzing your previous trades helps you understand what youíre doing.

One of the best ways to find winning trades in the future is to dissect a past winning setup and successful trade execution so it can be replicated. History tends to repeat itself, and being able to recognize chart patterns that led to successful trades will help you bank more gains in the future.


One of my favorite screens to find clues in the current market is to look for gaps. What makes gaps so special and ideal for a stock trading setup? The strength of the market moving away from the previous trading dayís closing price and gapping to a new level, be it up or down, shows new volatility with the stock. A gap also indicates a shift in the current market psychology for the stock, as there is now an imbalance of buyers and sellers from the previous dayís close. This imbalance also likely will carry with it an injection of volatility that can bring profits to those who can trade the new volatility with precision.


One day while I was doing my general stock screening, WYNN (Wynn Resorts) caught my attention as a textbook example of a winning chart pattern setup. Letís look at how this winning trade caught my attention and dissect how I acted to enter the position, and how the market guided the decision on when to exit and bank another profitable trade.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at users can view the S&C Digital Edition in the subscriber's section on

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order