The PlayBook Checkup: Fade Trade $DEPO

smbcapitalSystems Development, Trader Development, Trading LessonLeave a Comment

Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader from the Kershner Trading Group in Austin, Texas, who SMBU trained, talks about his trade in $DEPO. This trader is also Special Projects and former intern at SMB in Bella’s last book The PlayBook.

Highlights:

a) Notice where Bella suggests the trader can get bigger in this fade trade.
b) Learn an important execution technique at a technical level that few developing traders use but should.
c) See how this trader uses longer-term technical analysis charts to find trade opportunities and then a 2m chart to enter his trades.

 

You can be better tomorrow than you are today!

Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook.

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