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 new trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. Watch this video review of $TSLA Breakout Trade.
1) This trade offers an example of a news event that substantially moves a stock. In this case a surprise move to the upside on product sold.
2) Watch how this pro trader waits for price to confirm his long thesis and controls his R/R.
3) Aspire to be at your trading station with the feel that you are in the Real Trade, with your R/R opportunity, and in control of the trade. This is how you get paid.
You can be better tomorrow than you are today!
PS: After four months of waiting SMB DNA has reopened! Receive your free three videos on the core concepts for SMB DNA here.