This page is intended to help you use The Bandit Blueprint plays in an effective manner and help you get more out of your subscription.
Each Bandit Blueprint newsletter contains a number of charts with commentary and highlighted patterns. The letter begins with a review of the day’s market action, as well as an examination of the major averages, trend observations, and key levels associated with the indexes. Then it discusses stocks of interest which are either in the news, are changing their behavior, or offer a good charting lesson. Here’s a link to a sample newsletter.
From there, we get into the heart of the service, which are the plays. Jeff shares with you not only the stocks on his radar for plays, but the reasons why, the technical patterns, and of course the entry, stop and target levels for every one of them. This is explained in common-sense terms so you gain a quick understanding of why the trades are being taken, but each one also comes with a chart mark-up to visually depict the pattern and important levels for the trade.
The Bandit Blueprint picks may trigger on the first day after being shown in the newsletter, or they may simply need more time before triggering an entry. You will know if a trade is still valid as it will remain on the Swing Candidates table at the bottom of every report. This table contains the ticker symbol, the date it was first listed (in case you’d like to review the archives), the trigger price for entry, the direction for the play, stop loss, target levels, average volume for the stock, the next earnings date, and whether or not it has already triggered an entry. This gives you everything you need about the trade, and of course it’s updated nightly with any necessary adjustments, additions, or removals. We’re completely transparent.
When it comes to placing your orders, remember that The Bandit Blueprint plays are validated once they trade at or through their trigger prices. We are not interested in owning stocks below their trend lines which are moving sideways or down. A move beyond the trigger price is confirmation that the stock is moving in the anticipated direction, so we wait for the triggers before entering trades.
The Stock Bandit’s brokerage of choice is thinkorswim. When it comes to speed, reliability, and continual enhancements to the software, thinkorswim is unsurpassed in our opinion. Of particular use in trading The Bandit Blueprint plays are the alerts features available at thinkorswim. Conditional alerts, bracket orders, and contingent orders may be set based on virtually any criteria for automatically getting you into or out of your trades. We use these order types for placing trades with regularity, as the set-it-and-forget-it convenience of bracket orders allows us to trust that our positions are managed at all times.
Please also visit the stock trading strategy page as well as the Trading Rules, and the FAQ page for additional information which you may find helpful. Whichever method you employ for your trading, always remember that discipline is at the heart of successful trading. The Bandit Blueprint plays will not all be winning trades, so be sure to manage your losing trades properly by cutting them quickly.
Your feedback is always welcomed, so please contact us. The Stock Bandit always appreciates your user feedback in an effort to continually improve the services provided.
Thank you again, and hope to have you around for a long and profitable relationship!