Crude Oil Sell-Off Delivers.
Controlling risk BEFORE the entry is key to the Exits 1st Mindset and this winner in crude oil is no different. See what the process is and how to recognize the setup.
Controlling risk BEFORE the entry is key to the Exits 1st Mindset and this winner in crude oil is no different. See what the process is and how to recognize the setup.
It’s a theme that winning traders have. Think about exits first. I walk you through how that dictates entries, position size and risk. Also, MSFT, NASDAQ, JPM, XLY, and stop loss calculations for daytrading.
It’s important to know this week which stocks will follow the market vs. which ones will do their own thing.
Fading a storm ripping through the Gulf? Here’s what’s on my radar.
Lots in play on this short week. Gold is following through from our short nicely, crude oil is heading lower from the Darvas resistance, and Aussie dollar is on my radar.
With big moves like this, it is important to scale out and trail stops, especially when this is about to happen.