Yesterday my MDOEF trade exited for a 1.3% gain. tiny gain compared to its volatility but i wanted to get out at its latest prior high since entry. technically it was a gain, but im considering this a 'bad trade'. its slumped too much after entry. just dont see any advantage in staying in this any longer. flaky demand.

all my other trades are close to exiting for small profits also. the market created new resistance for my stocks since entry so i will use that as an exit, then go on to find new trades with better rewards.

i want to try entering stocks before they make a large bar. the rest of my setup would be the same, but i would enter during the consolidation and wait for the catalyst, such as earnings. the way i have been trading can work well, but as i fine tune it and figure out what to watch out for, it might become harder to find entries. another method would be good to know. really good traders tend to use several.

new setup= consolidation sitting on 20 or 50 ema, flat, long, short. more volume the better. oversold stochastics. enter right before earnings report. exit at next resistance level. this sounds like im "betting on earnings", but if the market and the stock are already in a strong trend, the jokers at the company will probably produce an earnings report that is good.if business has been good, creating a rising trend, chances are the very next earnings report will be good, or not a bad surprise. i want to try this. along with my breakout entries. i put in a bunch of market orders so i can track different stocks and see how they do.