News, Breakouts, Momentum Plays & Bottoms – December 20, 2022

SetYourStop Workspace

The main focus of the SetYourStop Slack workspace is the momentum scanner that was developed to trace abnormal volatility in the Canadian equity market.

Our proprietary momentum scan system searches for abnormal volatility which flags the urgency of buyers. It was designed to signal the potential of momentum coming into an underlying name or sector. The charts issued are to be used as indicators only, not a trigger to buy or sell.– Disclaimer

Once a chart is received, systematic rules are to be used, implemented by the individual (SetYourStop nor ospreystrategic.org holds No Responsibility for one’s actions as the charts given on SetYourStop and ospreystrategic.org are to be used as indicators only and not a trigger to buy or sell) to define and manage risk. Stop-loss orders are an important tool to negate any false signal. The goal is to let winners run while using trailing stop-loss orders to preserve gains.

Let Us Do Your Homework (With Full Website Access):

• Weekly GregSchnell newsletter that will feature his top ten charts of the week.
• Weekly GregSchnell video which summarizes the major moves in the global markets.
• Vital GregSchnell that can be quickly look through with his top 30 charts at any given time.
• GregSchnell Monthly conference call that is recorded and saved.
• The Daily Setup watchlist of stocks that are signaling the potential of upside momentum.
• The daily SetYourStop blog (News, Breakouts, Momentum Plays and Bottoms).
• The SetYourStop Workspace.
• Much more!

THIS IS NOT A STOCK PICKING SERVICE. THE WORKSPACE HAS BECOME MORE LIKE A COFFEE SHOP OF CLOSE FRIENDS SHARING IDEAS.

Most Traders Tend to Overthink. It’s Time to Remove Noise, Remove Emotion, & Learn How to Define Your Risk. Become a Robot!

Definition: Systematic trading (also known as mechanical trading) is a way of defining trade goals, risk controls and rules that can make trading decisions in a methodical way.

Whether you’re a trend follower, swing trader or penny scalper, the SetYourStop workspace will provide you with trading ideas.

We discuss charts showing the potential of momentum as they appear on our radar with the goal of becoming the most interactive community in Canada.

Join the SetYourStop crew in the Slack workspace today.

The workspace is an exclusive interactive live community of traders ranging from beginners with small portfolios to seasoned veterans placing large bets. It’s an ongoing source of trading ideas and market dialogue mixed with education. The SetYourStop crew regularly joins the conversation to give feedback and share our trading ideas with the community.