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As a new or intermediate trader, you should focus on a minimal amount of setups. Today, Tim Bohen will talk about one particular setup you should always scan for. And, of course, you can easily use it on the StocksToTrade platform... 🔴 Subscribe for more free Stock Trading tips: / stockstotrade Share this video with a fellow Trader: • Traders: If You Only Trade One Chart Use T... ✅ Links we mention and recommend: Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/ Get our FREE weekly watchlist here: https://stockstotrade.com/watchlist Check out the SteadyTrade podcast: https://steadytrade.com ✅ Recommended video: • How to Identify Breakouts in Trading Charts ✅ Recommended playlists: Stock Trading 101: A Day Trader's Guide: • Top 5 Costly Mistakes New Traders Make Advanced Stock Trading Tips: • How To Capitalize With The January Effect StocksToTrade Software Tips and Tricks: • 5 StocksToTrade Features That Will Save Yo... Weekly Trading Recap Videos: • Stock Watchlist and Live Trading Recap May... ✅ Follow StocksToTrade on social media: Instagram: / stockstotrade Facebook: / stockstotrade Twitter: / stockstotrade Are you a new or intermediate trader? Chew on this: You should be looking for low-priced stocks — $1 to $10 — breaking out on the one-year chart in a hot sector and with news. As a newer trader, you can't trade five times a day. Maybe you’re under the PDT, or maybe you have a job or other commitments. But even if you can't sit in front of the trading screens eight hours a day, you can still scan for this setup. Start out by running a 52-week scan in that price range and be sure to include stocks that trade over a million shares a day. This gives you a handful of stocks from thousands of publicly traded stocks ... You can't research thousands of stocks. But you can certainly research a handful. So let's say you've narrowed it down to about five stocks. The next thing you want to check is if any of these stocks have news. Is there a reason for the movement? Sometimes stocks move on no news … Avoid those. Look for that stock that had a contract win, earnings news, a new product, FDA approval, and so on. Now maybe you’ve narrowed your handful of potential stocks down to two. The last criteria you should check out is the sector. If your remaining stocks are also in a hot sector, you've got a great potential to find a profitable trade — and now you've checked all five of those boxes. That’s one of the best setups you can look for. Will you catch one every day? Nope. But as a new trader, you can’t always trade every day. Nor should you. I want you to focus on the minimal amounts of setups. That's a key way to grow your account over time. #StocksToTrade #DayTrading #StockCharts ---------------------------------------------------------------------------------------------------------------- *Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.