{"id":2444,"date":"2009-11-06T16:26:41","date_gmt":"2009-11-06T21:26:41","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=2444"},"modified":"2023-04-06T13:01:17","modified_gmt":"2023-04-06T17:01:17","slug":"being-prepared-for-the-easy-money","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/being-prepared-for-the-easy-money","title":{"rendered":"Being Prepared for the Easy Money"},"content":{"rendered":"<p>GMan did a great job of <a href=\"https:\/\/www.smbtraining.com\/blog\/trader-90-trader-365\">preparing our desk<\/a> for today&#8217;s open. \u00a0 Here were his top three intraday ideas:<\/p>\n<p>1) Buy PG at 60<\/p>\n<p>2) Buy WFMI if it holds above 27<\/p>\n<p>3) Buy CVS if it holds above 29.11<\/p>\n<p>1, 3 were important intraday levels learned yesterday. \u00a02 was a longer term technical play. \u00a0None of these plays took inspirational genius. \u00a0But they did require the undervalued skill of being prepared everyday.<\/p>\n<p>Trading can be challenging at times, infuriating at worst. \u00a0The technical set ups that spawned these trading ideas WILL NOT work every trade. \u00a0But they will if you make them a thousand times and then check your results. \u00a0But this is the whole ball game. \u00a0Will you sit in your seat, properly prepared for every easy trade, pull the trigger, and avoid\u00a0sabotaging\u00a0your results?<\/p>\n<p>I bought PG at 60.03. \u00a0Chop! \u00a0I bought CVS above 29.11. \u00a0My first trade was a rip. \u00a0My second was a chop to 30. \u00a0I missed WFMI.<\/p>\n<p>Lesser traders do not make the trade in CVS above 29.11 the second time. \u00a0Underperforming traders find ways not to get long PG. \u00a0 Partners overworked miss the WFMI trade (oh Bella no excuses!)<\/p>\n<p>These were all easy set ups. \u00a0The hard part? \u00a0Was there really a hard part?<\/p>\n<p>Enjoy your weekend. Don&#8217;t forget to <a href=\"http:\/\/twitter.com\/smbcapital\">follow us<\/a> on Twitter.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2446\" title=\"PG 2-day 11-06-09\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/11\/PG-2-day-11-06-09.bmp\" alt=\"PG 2-day 11-06-09\" \/><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2447\" title=\"WFMI 11-06-09 2-day\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/11\/WFMI-11-06-09-2-day.bmp\" alt=\"WFMI 11-06-09 2-day\" \/><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2448\" title=\"CVS 11-06-09 2-day\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/11\/CVS-11-06-09-2-day.bmp\" alt=\"CVS 11-06-09 2-day\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GMan did a great job of preparing our desk for today&#8217;s open. \u00a0 Here were his top three intraday ideas: 1) Buy PG at 60 2) Buy WFMI if it holds above 27 3) Buy CVS if it holds above 29.11 1, 3 were important intraday levels learned yesterday. \u00a02 was a longer term technical play. \u00a0None of these plays &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/being-prepared-for-the-easy-money\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":2448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mike-bellafiore-bellas-blogs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Being Prepared for the Easy Money | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/being-prepared-for-the-easy-money\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Being Prepared for the Easy Money | SMB Training\" \/>\n<meta property=\"og:description\" content=\"GMan did a great job of preparing our desk for today&#8217;s open. \u00a0 Here were his top three intraday ideas: 1) Buy PG at 60 2) Buy WFMI if it holds above 27 3) Buy CVS if it holds above 29.11 1, 3 were important intraday levels learned yesterday. \u00a02 was a longer term technical play. \u00a0None of these plays ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/being-prepared-for-the-easy-money\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-11-06T21:26:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-06T17:01:17+00:00\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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