Morpheus Trading Group (MTG) was founded in 2002
by Deron Wagner, former hedge fund manager, author of several best-selling swing trading books (see below), and frequent guest speaker at various trading and investing conferences around the world. His television appearances include CNBC, ABC, and Yahoo! FinanceVision.
When Deron founded the company back in 2002, he aimed to separate MTG from the plethora of other trading newsletters and trader education services by providing members with a swing trading strategy that works, backed by a high level of integrity and a simple "no nonsense" approach to technical analysis.
If you are looking for a reputable trading service to teach you a proven swing trading system, while providing you with its best daily ETF and stock picks, look no further than Morpheus Trading Group. No hype, just consistent profits -- in bull, bear, and even sideways markets.
However, for those who are focused on calling a top, that distribution day may confirm an already negative belief that the market needs a break. Rather than focusing on what the market is doing form day to day, we believe time could be better spent by scanning through charts to detect new leadership.
We have a few new setups added to Monday's watchlist. $SQ has pulled back into the rising 10-day MA last Friday, forming a doji like candle after gapping lower. The candle signals the potential for a reversal after a few days in a row of lower closes. We are placing a buy stop entry above Friday's high, with a stop below the rising 20-day EMA, but we'd prefer the price action hold the 10-day MA.
The second setup is an add to an existing position in $CBPX on a potential breakout from a bull-flag like pattern on the daily chart. The pole of the flag began on the move off the 50-day MA, with the flag portion forming over the past two sesions. We are adding another 2.5% to our 5% position to bring the risk up to about $260, which is about 1/2 of 1% (our usual risk per trade).
in the stock, take 1/4 to 1/3 of your shares off the table and continue to hold the rest. There simply is no reason to sell the full position at this time.
DISCLAIMER: Past results are not necessarily indicative of future results. There is a high degree of risk for substantial losses in trading securities. All data and material on this website and/or electronically delivered to individuals is for informational purposes only, and should not be construed as an offer or solicitation of an offer to buy or sell any securities. By accessing this site, user understands and agrees to
Hey, I just want to say thanks again. The "members only" Live Q&A Webinars continue to be awesome. I learn several new things each time; you are really a good teacher. The explanations you've offered about the general market, the volatility, the buy/sell signals - they are really helping me understand things.
Honestly, the webinars are so full of little gems and the nitty gritty details of trading, I feel like I hit paydirt. It just kills me if I have to miss a webinar. I schedule my life around them! Your service is fantastic. Don't believe anyone who tells you different! Thanks again for all your help.
DISCLAIMER: Past results are not necessarily indicative of future results. There is a high degree of risk for substantial losses in trading securities. All data and material on this website and/or electronically delivered to individuals is for informational purposes only, and should not be construed as an offer or solicitation of an offer to buy or sell any securities. By accessing this site, user understands and agrees to
KEY FACTS ABOUT MORPHEUS TRADING, LLC
-
US Businesses
-
Companies in Florida
-
Broward County Companies
- Company name
- MORPHEUS TRADING, LLC
- Status
- Active
- Filed Number
- L02000016422
- FEI Number
- 010725042
- Date of Incorporation
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June 28, 2002
Age - 23 years
- Home State
- FL
- Company Type
- Florida Limited Liability
CONTACTS
- Website
- http://morpheustrading.com
MORPHEUS TRADING, LLC NEAR ME
- Principal Address
- 602 NE 25th Ave,
Hallandale,
FL,
33009,
US
See Also