Author: Tim Bohen

Timothy C. Bohen grew up loving stocks, constantly watching their price movements. Since 2007, he has traded part-time using Tim Sykes' strategy, and now maintains an approximately 75% win rate. Trading allowed him to retire from his day job and become a trader and educator. Tim’s teaching tools include an active blog on trading, a YouTube channel with trading tips and techniques, and a weekly podcast dedicated to trading and learning. He’s also writing a book dedicated to the art of part-time trading.

A Beginner’s Guide to Stock Scanners

By Tim Bohen•

Do you want to quickly find top trading opportunities each day with just a few mouse clicks? Do you want to shave hours off your pre-market analysis? Do you want to start the market day prepared and focused? 

If your answer is yes to any of those questions … you need to learn how to use a stock scanners in your trading process.

New to trading or scanning? Read on to learn about the different types of scans, smart practices for scanning, how to use scanning in your trading strategy, and more. Here’s how a scanner can help you streamline your trading day.

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What Is a Shell Company?

By Tim Bohen•

If you follow business news (a smart way to spot catalysts, BTW), you’ve likely heard the term ‘ shell company.’ And usually, when a shell company makes headlines, it’s due to some sketchy business dealings.

Most people cringe when they hear about shell companies. But they’re not all are bad. They aren’t inherently illegal and they do have some legit uses.

But can’t shell companies be used to hide business assets or for underhanded and illegal activities? Short answer: yes. But that’s not always the case.

Let’s dig into what a shell company is and why you need to understand how it can operate.

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5 Smart Times to Trade Stocks

By Tim Bohen•

Finding the times to trade stocks can be tough… 

That perfect moment when all your hard work comes together — your entry is on point and you ride the momentum.

Those opportunities don’t often come easily in the brutal markets … So how do you time your trades better? Is there a certain time of the day that’s more worthy of your focus?

Today’s post is all about timing, with smart tips, tricks, and insights to help you on your journey.

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The Beginner’s Guide to Scalp Trading

By Tim Bohen•

Love market action and crave more? Scalp trading is a strategy that can offer multiple rapid trades per day. It’s not for the faint of heart … it requires intense focus and real-time data.

This strategy demands quick reflexes and lightning-fast decisions. Make a mistake? There’s no time to fret over what went right or wrong. You need to quickly move on and eagerly plan your next move.

Underwhelmed with the long game of watching trends? Scalp trading might just satisfy your appetite for a challenge. It’s not a stress-free strategy. You need more than a trading plan — you also need a solid grasp on what you’re getting into.

It’s all part of your education and preparation. You need to adjust your trading mindset so you can manage your expectations.

This long-standing trading strategy remains one of the most popular methods to date. Not every trader will take a shine to this style. But if executed well, it might just suit you. Let’s check it out.

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Creating a Trading Plan: Your 8-Step Guide

By Tim Bohen•

Are you trading based on thorough research and planning … or not so much?

Sometimes, trading can feel like you’re trying to get around without a map in uncharted wilderness.

As a trader, you might not feel like you have a sense of direction, and there are all sorts of potential pitfalls and dangers that you could encounter.

How can you shake those feelings and find your way? Simple: make a trading plan, and stick to it. It’s easier than you probably think.

A trading plan is a self-made map that you make to plan out a trade before you execute.

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Stock Watchlists: How to Create Your Own Watchlist

By Tim Bohen•

It’s 9:25 a.m. Eastern. The markets open in five minutes.

You’ve eaten a good breakfast and you’re on your second cup of hot caffeine.

You’re sitting in front of your computer, ready to have a great day trading.

Then, boom … what is this jumbled mess? … what the heck is going on?!

The NASDAQ and New York Stock Exchange (NYSE) list around 4,000 stocks between them both. And there are around 15,000 companies traded over the counter (OTC).

Five minutes before the opening bell rings isn’t the time to start screening nearly 20,000 companies for trading opportunities. If you wait that long, you’ve already lost.

That’s precisely why you need a stock watchlist.

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Stock Analysis Basics: What You Need to Know

By Tim Bohen•

What is Stock Analysis?

It’s easy for traders to think of stocks as just a few letters and a blip on a stock chart.

Lest we forget, every stock represents a company — a business replete with employees, products, offices, factories, and a board of directors.

Many companies represent the hopes, dreams, and visions of one or more entrepreneurs.

There’s a three-dimensional reality behind those letters and dots, and that helps determine whether the stock’s price goes up or down and whether it’s worth trading.

Every company is different. That’s why it’s important for you to understand why some companies go up in value while others go down…

How to do it? Stock analysis.

Stock analysis is the process of closely examining stocks and uncovering the facts. That way, you can make the most rational, emotion-free decision possible about whether the stock is likely to go up or down, and whether or not it’s worth its current market value.

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Trade Smarter: 7 Habits to Adopt NOW

By Tim Bohen•

We all have habits. Some hurt our trading progress, and some help. Where do your habits stand?

Right now, let’s focus on those that help. You already know the bad ones you need to kick, so get going on that and work on ramping up the good stuff. It’s time. Enough said. Let’s roll …

While great traders come in all styles and from all sorts of backgrounds, many often have certain good habits in common.

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