Your #1 Site for Swing Trading and Day Trading

Welcome to MrSwing.com! Your #1 Site for Swing Trading and Day Trading Content

The Markets Picks Economy SwingTracker Authors Submit your own article mobile.mrswing

Browse ALL Symbols Candle Charts Pivot Points Points & Figures SwingTracker mobile.mrswing

SwingTracker - Real Time Charts & Scanning the SwingTracker BLOG

Instant Video Trading Seminars - On Demand - Anytime - Any Place

What Can a Triangle Do For YOU?

Free Trend Analysis

Home > Articles > Picks > Triangle-Trading Solars

Triangle-Trading Solars
Aug 11, 2008

All Allan

All Allan
More articles

Font Size:

As much as I like Solars for fundamental story stocks, they shine (sorry) as trading stocks, especially under the auspices of Triangle Signals. Here are three excellent Solar trading stocks:

YGE

Click here to enlarge | Open in another window

Maybe my favorite Solar for trading, YGE is up over 200% the past year with the Triangle Signals, while a small net loss via Buy & Hold.

STP

Click here to enlarge | Open in another window

Note again, one year of trading weekly signals, a 5.12% loss B&H versus a 218% win trading Long and Short with the Triangles.

SOLF

Click here to enlarge | Open in another window

In a rough market this past year, a respectable 23.75% via Buy & Holding Solarfun, but an even more respectable +343.56% trading SOLF via the Triangle Signals.

--------------------------------

That's it for my tutorial this weekend on Trading the Triangles from Market Club. There are numerous other permeations to this technique, such as using the Weekly Signals as a filter and then taking the Daily Signals in the direction of the Weekly Signal. What I have presented is the most basic, yet the most pragmatic use of the service for everyday trading.
Human nature being what it is, whacked, whether this kind of approach to trading appeals to any one individual will vary with the individual.
For me, I use the Weekly signals as a sort of traffic light, to keep on the right side of a trend. More importantly, I utilize the scan feature described in the prior blog to generate trading ideas, both long and short. There probably is nothing absolutely unique about the Triangles, or MC for that matter, that cannot be duplicated without the service. But for me, the data, charts and signals are so efficient and user friendly, it creates a sort of, lazy path to winning trades. Some traders can get by on their own, some need the extra ease that a service like MC and its Triangles provide.
In the marketplace and world of trading, every effective tool or aid creates an edge; and it's the edge that you have over others with whom you are competing that makes or breaks the trader.