Before I go into detail about exactly what tradewithZEN is I wanted to share with you an email I received this weekend (2/17) from a subscriber who has been involved since inception (7/15/2012). The reason why this is significant is I didn’t ask for this information however the results speak for themselves.
Regardless of what you think of this strategy, percentages don’t like and I’m keeping my promise of keeping you focused on winning stocks. Remember that once membership reaches 100 I’m closing the doors. I don’t want to share this with everyone since I’m watching these same stocks.
I had some time this weekend to look at picks for the watchlist since you started the twitter feed in mid July 2012. I looked at the returns of the watchlist additions with the following assumptions:1. Buy on the open price the day following addition to the watchlist.2. Stocks that were removed immediately b/c of no follow through were not considered.The results are pretty interesting.2 week avg return – 1.8% with 71% win rate1 month avg return – 3.3% with 71% win rate2 month avg return – 2.9% with 68% win rate3 month avg return – 3.8% with 65% win rateOf course, this is purely mechanical with no entry strategy and no concern given to the state of the overall market so with trading strategy applied these returns could easily be much, much higher.Obviously based on these results, you have myself and all of your subscribers focused on the right stocks and for that I thank you and ask you to keep up the great work! ~J Loy
What is tradewithZEN?
I will be sharing the exact watchlist of stocks that I trade with my own account. I believe this stock suggestion service will provide you with a constant flow of trade ideas, along with micro trade lessons on how to best utilize this list. TradewithZen will be delivered only through twitter, as it’s the most rapid form of communication to ensure you receive these trade ideas promptly. Ease of use was a top priority as not to interfere with my own trading.
The service has gotten even better as I’ve added timing signals for the following markets to take advantage of downturns (DJIA, NASDAQ, TSX). This service is primarily a “long only watchlist” but I wanted to provide some additional trade opportunities to short when the markets are depressed, so that’s why I added this new feature.
My goal with TradewithZen
- To help train your eyes to what a good stock setup should look like.
- Alleviate the tedious task and burden of doing nightly research.
- Have a basket of stocks for short term and swing trading.
- Use micro-lessons to help with your entries and exits when applicable.
Solving Two Major Problems Facing Traders
This is not a trade alert service. You must determine your own strategy for buying and selling, but it’s my job to have you fishing from the right pond. I feel that one of the major problems facing many traders is a lack of quality trade ideas and because of this you end up creating a watchlist that never changes. You’ll watch the same stocks for months and sometimes years and you’ll hold onto stocks that you should have cut loose long ago. Marketwatch and CNBC are not the place to generate trade ideas with millions of eyeballs on their sites.
This brings me to the other main problem that traders face. Too many trade ideas. Technology can be a blessing and a curse by overwhelming most traders by trying to watch too many stocks. You’ll save time each night when you receive my personal, highly-focused watchlist of stocks that are exhibiting a specific pattern that suggest it’s going higher.
Over the last 2 years I’ve been testing a particular strategy for locating stocks that have a strong chance of moving up in the short term when the markets are healthy. In studying this list I also discovered that these particular stocks not only would outperform in the short term, but after a solid basing period (1-2 months) would continue higher with a new up-leg, sort of like the “trend is your friend” concept.
When the markets are in a corrective phase, it pays to watch these very same stocks as they hold up very well. The problem is with so many stocks to watch each day it’s easy to forget about which stocks performed well last quarter and are likely to outperform going forward. I’m monitoring these stocks very closely and will alert you when there is a chart setup that I feel comfortable with.
“Good call on PNK. I was able to get in at right time!” ~Mahesh
So far I’m happy with the service. Pat yourself on the back because I can be a tough customer. :^) Lovin’ the charts. I am highly impressed with your method, the trades you’ve taken, and how you’ve managed them. You’ve been a treat to follow during a tricky October. @mastersnan
After 2 months of being a subscriber, I just wanted to say thank you. Your trading methods have worked better for me than any other I have tried. @davuni67
Thanks for your great work. I typically use my own entry/exit but your watchlists now have me fishing in the right pond on a consistent basis, huge help. @ljasonclemson1
Learning a lot from you and am becoming more confident myself. The triggered stocks from your watchlist are performing great. Awesome service. Highly recommended. Thanks for the service! @romandtkvch
The service is really helping me come up with a trade style. Nothing like tradewithzen out there. @chartlearning
Loving the service so far, thanks for putting it together. @tradnup
Appreciate the service, saves me time finding strong stocks. Keep up the good work. @rotorsky
After following TradewithZen for about a month now, I wanted to write you to say its a very informative and easy-to-follow product that definitely gave me new insight into the way you look at stocks with strength. I’ve always been more of an intermediate-term trader but seeing your 15- and 60-minute style, in addition to daily, has really benefitted me – especially having three likely opportunities to enter trades. Thank you for that and sharing your experience. @p_dot55
Really appreciating your service as it is making sense for me. Much appreciated!! @stutriplev
Catalyst (earnings, new product service, etc) + Quality Chart Setups = Consistent Profits
I already provide my market timing signal for free so you’ll always know when it’s time to be bullish. I also know where my strengths lie as a technician and I’m more effective at identifying bullish setups than bearish ones. The main reason for this is that human emotions are the reason why chart patterns form (that never changes) and the one that drives stocks to new highs (greed) is much different that the one that causes charts to collapse (fear).
Another great side benefit of having access to this watch list is it will start to show bullish setups long before my timing signal flips. That is a key indication to know whether a market is strong internally and that a rally has legs. You’ll now have an edge when it comes to anticipating a market timing turn by seeing bullish setups first.
Finally if you’d like to receive a little more “one on one” time with me I obviously spend more time answering emails, providing opinions and guidance to subscribers. If you’re new to trading and want to avoid some early mistakes then this could be a big draw as well.
Why not give it away for free? Why bother charging at all?
I’ve invested a serious amount of time in devising this strategy of identifying and tracking stocks with a certain profile. This watchlist comes with the comfort of knowing that I’ve personally researched, as these are the very same stocks that I risk my capital with. There needs to be a line that divides those who take this information seriously and those who are looking for free stock picks. I’ve provided information on zentrader for free for the last 4 years so it’s not about the money. When we eclipse 75 subscribers there will be one final price increase to $20/month and then membership will be closed at 100 subscribers until a free spot opens up.
In severe bear markets there won’t be any bullish setups and I’ve factored that in by pricing this very low. Some nights there will be no stocks to add to the watchlist and I never want to force a trade and for that I’ve made it extremely affordable for everyone. I’ve considered ways to expand this in the future at no additional cost, but I’d rather under-promise and over-deliver for now.
Who is best suited for this service?
I’ve designed this for any trader who is unsatisfied with their current watchlist of stocks or wants to cut down on the time it takes to locate quality trade setups. The stocks selected are very liquid with a 500-750k minimum average trading volume and I rarely select stocks under $10 share as they are more of a speculative nature. Many traders shy away from high priced stocks, but if you can’t turn a profit on a $70 stocks you aren’t going to have any better luck trading a $7 stock. If anything, you’d intensify your losses by trading low priced, illiquid stocks as you’ll find yourself trapped in trades. I rarely hold through earnings so it’ll pay to use the free site Briefing to double check before placing any trades.
I’m not looking for lifetime subscribers, but if you like the service you’re welcome to stay. Stay for 6 months and then take the knowledge you’ve learned through the micro-lessons and apply it in your own trading. Once again, it’s my goal to help you train your eye to what a profitable setup looks like through my process.This is something I do every night and I just want to share one facet of my trading strategy as I feel my ability to locate bullish setups will be valuable to your own success.
How do I get these trade ideas right now?
If this sounds like something you’re interested in then, then great! Follow these instructions:
- Sign up using the paypal link at the beginning of this post.
- Once payment is made – request to follow tradewithzen twitter account.
- You’re all set to receive updates & I’d like to personally welcome you aboard!