Kunal Desai is the founder and CEO of Bulls on Wall Street. Kunal began trading stocks during the Dotcom Boom, experiencing several ups and downs while growing his account and his knowledge of how the market works. It didn’t take very long for him to realize he had a passion for trading, and that he was particularly drawn to the excitement and profit potential of day- and swing-trading.
While he grew his skill set through experience and self-education, it was mentorship under Paul Singh that really helped Desai recognize his strengths and weaknesses, and develop a trading system that fit his personality and goals. After years spent trading and developing a winning trading system, he founded Bulls on Wall Street to teach others how to take control of their financial destinies.
It started with a chat room where Desai could talk about the stocks he was trading and watching, and a series of blogs and videos to provide market analysis. The site grew from there, as he began using his experiences as a trader and teacher to hold webinars and live trading course sessions. After years of trading and honing his system, Desai created the Bulls Bootcamp, a comprehensive trading course to impart everything he’s learned as a trader and provide the mentorship that was so helpful to him as a new trader.
Today, Desai is still trading and teaching. He’s spoken at the Trader and Investor Summit, Traders4ACause gala event, been featured in numerous podcasts, and covered in the Huffington Post, BroBible, and Inc.com. In 2015, he spoke alongside market luminaries such as Peter Brandt, Jack Schwager, and James Dalton.
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Many traders follow trends, but these can change quickly, sending a stock plummeting. There are signals that will help a trader know how to avoid this type of pattern.
Like a hunter, instead of farming for a stock by waiting for a profit, be on the lookout for the biggest, meatiest opportunity available.
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When everything looks grim, relative strength can help investors distinguish between which stocks will recover and which will continue to suffer.
Here are the trading patterns and setups you should be looking for over the next few weeks, as markets continue to absorb the shock of the Brexit referendum.
Without inside information, it is impossible to predict which companies could buy the social-networking service, when or if it will even happen at all.
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