The majority of time, stocks and the market go sideways. Statistics show that stocks advance strongly about 15% of the time and decline strongly about 15% of the time. The balance of the time, stocks drift or go sideways. My Hit and Run Methodology revolves around price action and the notion that a stock in motion will remain in motion -- at least in the short term. But not all momentum is created equal. Furthermore, the personalities of individual stocks differ, and that is the reason I designed two different approaches for short-term trading: The Day Trading Report and The Swing Trading Report. Subscriptions to The Trading Reports include both of these reports and my daily market commentary. The goal of The Trading Reports is to teach traders how to get into my head, and to offer a handful of short-term, low-risk setups based on my Hit and Run strategies. These patterns will allow you to avoid the dangers associated with "buy-and-hold" and give you insight into the market and how I apply my techniques. Hopefully, this will help you profit from the stock market for the rest of your life. Because the broad market tide tends to lift the majority of stock boats, the commentary included in The Trading Reports concentrates on identifying major, intermediate and minor market-turning points using the tools of Time, Price and Pattern. Because all indicators are derived from price and/or price and volume, I believe that all indicators are of second-degree magnitude to those tools. Consequently, I go right to the horse's mouth: using price as the final arbiter. The two key tools that drive my day-by-day reading of the market are the Principle of Squares (the Gann Square of Nine Chart) and the behavior of the Trendline, or true swing chart analysis.