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Trade Ideas identifies two fundamentally different setup types, and almost every trader mistakenly treats them the same way
Trade Ideas alerts you to a perfect breakout. You enter at $42.15 with a stop at $41.85—30 cents of risk, reasonable given the stock's volatility. The stock immediately dips to $41.84, stops you out, then rallies to $43.50 over the next two hours
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The nightmare scenario: You backtest a Trade Ideas setup over three months and find a 56% win rate with 0.65% average wins. You go live. In the first week, you're down 1.2%. In the second week, down another 0.8%
Momentum Hunting With Trade Ideas: A Day Trader's Reality Check Day traders love Trade Ideas for momentum scanning because Oscar's algorithms can identify stocks moving unusually fast before the move is obvious to casual observers