{"id":50275,"date":"2020-11-16T15:04:54","date_gmt":"2020-11-16T20:04:54","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=50275"},"modified":"2020-11-16T15:04:54","modified_gmt":"2020-11-16T20:04:54","slug":"a-technical-analysis-trade-that-requires-risk-on","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on","title":{"rendered":"A technical analysis trade that requires RISK ON"},"content":{"rendered":"

There are certain trades that require RISK ON. They do not come often. You must be ready. They can make your trading month. In this video, a trader from the desk shares an A+ technical analysis trade that requires maximum risk. Let\u2019s get to work on sharing these important trading lessons so you can grow your trading account.<\/p>\nView Video Transcript<\/strong><\/span>

\n
\n
\n
\n
\n
\n
there are certain trades that require<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk on<\/div>\n<\/div>\n<\/div>\n
\n
\n
they don’t come often you must be ready<\/div>\n<\/div>\n<\/div>\n
\n
\n
they can<\/div>\n<\/div>\n<\/div>\n
\n
\n
make your trading month hi i’m mike<\/div>\n<\/div>\n<\/div>\n
\n
\n
bellafiore co-founder of smb capital and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re a proprietary trading firm<\/div>\n<\/div>\n<\/div>\n
\n
\n
located in midtown manhattan and i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
also the author of the trading class of<\/div>\n<\/div>\n<\/div>\n
\n
\n
going good trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the playbook in this video a trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
from our desk<\/div>\n<\/div>\n<\/div>\n
\n
\n
shares an a plus technical analysis<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
that requires maximum risk for this<\/div>\n<\/div>\n<\/div>\n
\n
\n
trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
let’s get to work on sharing these<\/div>\n<\/div>\n<\/div>\n
\n
\n
important trading lessons<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can grow your trading account<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i wanted to go over a high time frame<\/div>\n<\/div>\n<\/div>\n
\n
\n
technical breakout trade i took in neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s a setup where if all the variables<\/div>\n<\/div>\n<\/div>\n
\n
\n
are in your favor which<\/div>\n<\/div>\n<\/div>\n
\n
\n
in this scenario they were it’s really<\/div>\n<\/div>\n<\/div>\n
\n
\n
an a plus setup that can make your month<\/div>\n<\/div>\n<\/div>\n
\n
\n
so for this trade it’s fairly simple we<\/div>\n<\/div>\n<\/div>\n
\n
\n
want a strong stock that’s consolidating<\/div>\n<\/div>\n<\/div>\n
\n
\n
for<\/div>\n<\/div>\n<\/div>\n
\n
\n
multiple weeks at high time frame<\/div>\n<\/div>\n<\/div>\n
\n
\n
resistance and is now gapping up to that<\/div>\n<\/div>\n<\/div>\n
\n
\n
high time frame resistance or above<\/div>\n<\/div>\n<\/div>\n
\n
\n
ideally with the news catalyst fueling<\/div>\n<\/div>\n<\/div>\n
\n
\n
the breakout you know if the market is<\/div>\n<\/div>\n<\/div>\n
\n
\n
strong and simply gapping up<\/div>\n<\/div>\n<\/div>\n
\n
\n
and this we saw neo gapping up with it<\/div>\n<\/div>\n<\/div>\n
\n
\n
that would be<\/div>\n<\/div>\n<\/div>\n
\n
\n
worth putting on some size but having<\/div>\n<\/div>\n<\/div>\n
\n
\n
the individual news catalyst is really<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to push the state plus<\/div>\n<\/div>\n<\/div>\n
\n
\n
and for this trade looking to build into<\/div>\n<\/div>\n<\/div>\n
\n
\n
it as an intraday swing trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know and it’s really important to<\/div>\n<\/div>\n<\/div>\n
\n
\n
acknowledge that i think it’s not some<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening drive trade where i want to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know out the door by 9 45 i really<\/div>\n<\/div>\n<\/div>\n
\n
\n
have the intention of holding on for<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh for multiple points of upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so when i’m seeing this kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidation breakout trade here<\/div>\n<\/div>\n<\/div>\n
\n
\n
on a high time frame there’s really<\/div>\n<\/div>\n<\/div>\n
\n
\n
three ways i’m going to be looking to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get involved<\/div>\n<\/div>\n<\/div>\n
\n
\n
primarily one just being an opening<\/div>\n<\/div>\n<\/div>\n
\n
\n
drive long which we’ve talked about<\/div>\n<\/div>\n<\/div>\n
\n
\n
plenty of times but in the pre-market<\/div>\n<\/div>\n<\/div>\n
\n
\n
we see a well-defined range and see the<\/div>\n<\/div>\n<\/div>\n
\n
\n
resistance of that range get taken out<\/div>\n<\/div>\n<\/div>\n
\n
\n
on the open and hitting it along<\/div>\n<\/div>\n<\/div>\n
\n
\n
seeing if the stock just immediately<\/div>\n<\/div>\n<\/div>\n
\n
\n
starts ripping on the open<\/div>\n<\/div>\n<\/div>\n
\n
\n
another trade would be the dip and rip<\/div>\n<\/div>\n<\/div>\n
\n
\n
which for me means<\/div>\n<\/div>\n<\/div>\n
\n
\n
a stock that is gapping up at least five<\/div>\n<\/div>\n<\/div>\n
\n
\n
percent on changing fundamentals<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh and we see both profit taking and<\/div>\n<\/div>\n<\/div>\n
\n
\n
short selling on the open that causes it<\/div>\n<\/div>\n<\/div>\n
\n
\n
to dip<\/div>\n<\/div>\n<\/div>\n
\n
\n
stalling and then turn around and really<\/div>\n<\/div>\n<\/div>\n
\n
\n
rip to the upside and start trending<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then if i’m not able to get involved<\/div>\n<\/div>\n<\/div>\n
\n
\n
in either of those ways<\/div>\n<\/div>\n<\/div>\n
\n
\n
then really i’m just going to be looking<\/div>\n<\/div>\n<\/div>\n
\n
\n
to see neo trading above all-time highs<\/div>\n<\/div>\n<\/div>\n
\n
\n
above pre-market highs and starting to<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidate<\/div>\n<\/div>\n<\/div>\n
\n
\n
and looking to buy poland’s to in order<\/div>\n<\/div>\n<\/div>\n
\n
\n
to build into an intraday<\/div>\n<\/div>\n<\/div>\n
\n
\n
swing so for the bigger picture<\/div>\n<\/div>\n<\/div>\n
\n
\n
neo has been a close watch for myself<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a bunch of the traders at the firm<\/div>\n<\/div>\n<\/div>\n
\n
\n
for several weeks<\/div>\n<\/div>\n<\/div>\n
\n
\n
and even still today so it broke to<\/div>\n<\/div>\n<\/div>\n
\n
\n
all-time highs and then for<\/div>\n<\/div>\n<\/div>\n
\n
\n
several weeks we saw neo consolidating<\/div>\n<\/div>\n<\/div>\n
\n
\n
between 21 and 22<\/div>\n<\/div>\n<\/div>\n
\n
\n
so given that i was thinking that with a<\/div>\n<\/div>\n<\/div>\n
\n
\n
news catalyst<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a break above 22 neo had a really<\/div>\n<\/div>\n<\/div>\n
\n
\n
good chance of putting in<\/div>\n<\/div>\n<\/div>\n
\n
\n
an explosive move to the upside and just<\/div>\n<\/div>\n<\/div>\n
\n
\n
wanted to note that it’s important to<\/div>\n<\/div>\n<\/div>\n
\n
\n
acknowledge the<\/div>\n<\/div>\n<\/div>\n
\n
\n
the tightness of the consolidation zone<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the duration of the consolidation<\/div>\n<\/div>\n<\/div>\n
\n
\n
zone<\/div>\n<\/div>\n<\/div>\n
\n
\n
is exactly the reason we’re going to get<\/div>\n<\/div>\n<\/div>\n
\n
\n
that explosivity because<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know there’s that adage out of<\/div>\n<\/div>\n<\/div>\n
\n
\n
contraction comes expansion<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that’s a mantra that drives a lot of<\/div>\n<\/div>\n<\/div>\n
\n
\n
my trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
and as for the overall ev sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously earlier in the year we had a<\/div>\n<\/div>\n<\/div>\n
\n
\n
really aggressive parabolic run up<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so now after a long rest period<\/div>\n<\/div>\n<\/div>\n
\n
\n
where things have cooled off for a bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ve seen neo and tesla really primed<\/div>\n<\/div>\n<\/div>\n
\n
\n
for big technical breakout trades on<\/div>\n<\/div>\n<\/div>\n
\n
\n
their dailies and as for the overall<\/div>\n<\/div>\n<\/div>\n
\n
\n
market<\/div>\n<\/div>\n<\/div>\n
\n
\n
spy and queues were selling off slightly<\/div>\n<\/div>\n<\/div>\n
\n
\n
but on well our ball<\/div>\n<\/div>\n<\/div>\n
\n
\n
and given the market at this point was<\/div>\n<\/div>\n<\/div>\n
\n
\n
incredibly strong there was<\/div>\n<\/div>\n<\/div>\n
\n
\n
just this is kind of an anticipated<\/div>\n<\/div>\n<\/div>\n
\n
\n
movement kind of a necessary relief day<\/div>\n<\/div>\n<\/div>\n
\n
\n
so the lack of volume driving that<\/div>\n<\/div>\n<\/div>\n
\n
\n
downside in the markets<\/div>\n<\/div>\n<\/div>\n
\n
\n
implies at least to me that there’s a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lack of conviction from market<\/div>\n<\/div>\n<\/div>\n
\n
\n
participants and we’re not likely to see<\/div>\n<\/div>\n<\/div>\n
\n
\n
sustained aggressive selling to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
downside<\/div>\n<\/div>\n<\/div>\n
\n
\n
so for this trade i’m thinking that the<\/div>\n<\/div>\n<\/div>\n
\n
\n
ev sector is<\/div>\n<\/div>\n<\/div>\n
\n
\n
likely to trade independently from the<\/div>\n<\/div>\n<\/div>\n
\n
\n
rest of the high betas<\/div>\n<\/div>\n<\/div>\n
\n
\n
so as long as spying cues aren’t selling<\/div>\n<\/div>\n<\/div>\n
\n
\n
off with high volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
our ball of two or greater then i still<\/div>\n<\/div>\n<\/div>\n
\n
\n
have conviction in this breakout idea i<\/div>\n<\/div>\n<\/div>\n
\n
\n
just really need the overall market to<\/div>\n<\/div>\n<\/div>\n
\n
\n
stay out of the way<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah super important point this sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
is hot the sector is in play<\/div>\n<\/div>\n<\/div>\n
\n
\n
we expect this sector to trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
independently stronger than the overall<\/div>\n<\/div>\n<\/div>\n
\n
\n
market<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i’m just curious uh<\/div>\n<\/div>\n<\/div>\n
\n
\n
updating from today what are the ev<\/div>\n<\/div>\n<\/div>\n
\n
\n
names that you look at<\/div>\n<\/div>\n<\/div>\n
\n
\n
as as us as a sector sure so we’ve kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of seen<\/div>\n<\/div>\n<\/div>\n
\n
\n
at least in these recent moves that<\/div>\n<\/div>\n<\/div>\n
\n
\n
tesla has moved somewhat independently<\/div>\n<\/div>\n<\/div>\n
\n
\n
from the rest of the ev names<\/div>\n<\/div>\n<\/div>\n
\n
\n
but i have been watching neo li and xpev<\/div>\n<\/div>\n<\/div>\n
\n
\n
as a basket and those three really trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and tandem extremely well<\/div>\n<\/div>\n<\/div>\n
\n
\n
so just watching those three at all<\/div>\n<\/div>\n<\/div>\n
\n
\n
times and i was for the day of this<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
okay very good and so if you see the<\/div>\n<\/div>\n<\/div>\n
\n
\n
basket<\/div>\n<\/div>\n<\/div>\n
\n
\n
the sector strong that’s super important<\/div>\n<\/div>\n<\/div>\n
\n
\n
for your individual trade absolutely and<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m going to be watching those names<\/div>\n<\/div>\n<\/div>\n
\n
\n
throughout the day<\/div>\n<\/div>\n<\/div>\n
\n
\n
even though i’m thinking i want to use<\/div>\n<\/div>\n<\/div>\n
\n
\n
neo as my vehicle good<\/div>\n<\/div>\n<\/div>\n
\n
\n
good basket to be watching today so as<\/div>\n<\/div>\n<\/div>\n
\n
\n
for a catalyst in pre-market neo is<\/div>\n<\/div>\n<\/div>\n
\n
\n
gapping up above 22.<\/div>\n<\/div>\n<\/div>\n
\n
\n
graham i am a little taken aback about<\/div>\n<\/div>\n<\/div>\n
\n
\n
this being 21 22.<\/div>\n<\/div>\n<\/div>\n
\n
\n
i know i know i was reviewing this the<\/div>\n<\/div>\n<\/div>\n
\n
\n
other day it blows my mind<\/div>\n<\/div>\n<\/div>\n
\n
\n
um but on the in the morning we saw neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
gapping above 22<\/div>\n<\/div>\n<\/div>\n
\n
\n
on news that jpm upgraded the stock to<\/div>\n<\/div>\n<\/div>\n
\n
\n
overweight and gave it a price target of<\/div>\n<\/div>\n<\/div>\n
\n
\n
40<\/div>\n<\/div>\n<\/div>\n
\n
\n
which was nearly triple their prior<\/div>\n<\/div>\n<\/div>\n
\n
\n
assessment which is pretty ridiculous<\/div>\n<\/div>\n<\/div>\n
\n
\n
and we’ve been in an environment<\/div>\n<\/div>\n<\/div>\n
\n
\n
especially at this point in october<\/div>\n<\/div>\n<\/div>\n
\n
\n
where bank upgrades were really acting<\/div>\n<\/div>\n<\/div>\n
\n
\n
as strong catalysts for intraday<\/div>\n<\/div>\n<\/div>\n
\n
\n
continuation<\/div>\n<\/div>\n<\/div>\n
\n
\n
so once i saw this news paired with the<\/div>\n<\/div>\n<\/div>\n
\n
\n
gapping above the inflection level i<\/div>\n<\/div>\n<\/div>\n
\n
\n
felt decent that there was a good chance<\/div>\n<\/div>\n<\/div>\n
\n
\n
that we could uh<\/div>\n<\/div>\n<\/div>\n
\n
\n
really push and continue to trend above<\/div>\n<\/div>\n<\/div>\n
\n
\n
22.<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then on top of this we saw that li<\/div>\n<\/div>\n<\/div>\n
\n
\n
and xbev<\/div>\n<\/div>\n<\/div>\n
\n
\n
those names i was just talking about<\/div>\n<\/div>\n<\/div>\n
\n
\n
within the basket both received by<\/div>\n<\/div>\n<\/div>\n
\n
\n
ratings themselves on the morning of<\/div>\n<\/div>\n<\/div>\n
\n
\n
this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and tesla was gapping up because<\/div>\n<\/div>\n<\/div>\n
\n
\n
a elon musk tweeted something about<\/div>\n<\/div>\n<\/div>\n
\n
\n
electric buses and the potential there<\/div>\n<\/div>\n<\/div>\n
\n
\n
but quickly deleted it but people still<\/div>\n<\/div>\n<\/div>\n
\n
\n
saw it be<\/div>\n<\/div>\n<\/div>\n
\n
\n
ford was announced they announced that<\/div>\n<\/div>\n<\/div>\n
\n
\n
they were delaying the production of<\/div>\n<\/div>\n<\/div>\n
\n
\n
their<\/div>\n<\/div>\n<\/div>\n
\n
\n
ev model that they had been touting and<\/div>\n<\/div>\n<\/div>\n
\n
\n
see<\/div>\n<\/div>\n<\/div>\n
\n
\n
ron baron came out claiming that tesla<\/div>\n<\/div>\n<\/div>\n
\n
\n
would eventually become a two trillion<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollar company<\/div>\n<\/div>\n<\/div>\n
\n
\n
so what we’re seeing is not just<\/div>\n<\/div>\n<\/div>\n
\n
\n
bullishness and neo but the overall eb<\/div>\n<\/div>\n<\/div>\n
\n
\n
sector really primed to move on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning if you want to learn three more<\/div>\n<\/div>\n<\/div>\n
\n
\n
real world setups that our traders use<\/div>\n<\/div>\n<\/div>\n
\n
\n
including the simple setup that we teach<\/div>\n<\/div>\n<\/div>\n
\n
\n
all of our new traders and the setup<\/div>\n<\/div>\n<\/div>\n
\n
\n
that turned one of our traders into a<\/div>\n<\/div>\n<\/div>\n
\n
\n
seven<\/div>\n<\/div>\n<\/div>\n
\n
\n
figure big money earner check out the<\/div>\n<\/div>\n<\/div>\n
\n
\n
free webinar that we’re currently<\/div>\n<\/div>\n<\/div>\n
\n
\n
running<\/div>\n<\/div>\n<\/div>\n
\n
\n
just go ahead and click the link that<\/div>\n<\/div>\n<\/div>\n
\n
\n
should be appearing now<\/div>\n<\/div>\n<\/div>\n
\n
\n
at the top right hand corner of your<\/div>\n<\/div>\n<\/div>\n
\n
\n
screen that will open up the free<\/div>\n<\/div>\n<\/div>\n
\n
\n
registration page in a new window so<\/div>\n<\/div>\n<\/div>\n
\n
\n
don’t worry<\/div>\n<\/div>\n<\/div>\n
\n
\n
you won’t lose this video you can also<\/div>\n<\/div>\n<\/div>\n
\n
\n
visit<\/div>\n<\/div>\n<\/div>\n
\n
\n
tradingworkshop.com to register for this<\/div>\n<\/div>\n<\/div>\n
\n
\n
free intensive workshop<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re going to learn more in a couple<\/div>\n<\/div>\n<\/div>\n
\n
\n
of hours from this trading workshop<\/div>\n<\/div>\n<\/div>\n
\n
\n
than from years of online education so<\/div>\n<\/div>\n<\/div>\n
\n
\n
in my eyes if this breakout trade’s ever<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to work this is the morning for it<\/div>\n<\/div>\n<\/div>\n
\n
\n
i basically have every variable<\/div>\n<\/div>\n<\/div>\n
\n
\n
whether it’s fundamental technical<\/div>\n<\/div>\n<\/div>\n
\n
\n
whatever you may want it’s all setting<\/div>\n<\/div>\n<\/div>\n
\n
\n
up in my favor so this is really<\/div>\n<\/div>\n<\/div>\n
\n
\n
setting to be a plus if it follows<\/div>\n<\/div>\n<\/div>\n
\n
\n
through yeah and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
i just want to ask you a question and<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re developing at this point and<\/div>\n<\/div>\n<\/div>\n
\n
\n
the most important thing is for you to<\/div>\n<\/div>\n<\/div>\n
\n
\n
be consistent when you start and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’ll just give you this is the thought<\/div>\n<\/div>\n<\/div>\n
\n
\n
to be thinking about<\/div>\n<\/div>\n<\/div>\n
\n
\n
when you get a little bit more mature<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i had this conversation with swine<\/div>\n<\/div>\n<\/div>\n
\n
\n
today<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading neo and some of the other eevee<\/div>\n<\/div>\n<\/div>\n
\n
\n
names<\/div>\n<\/div>\n<\/div>\n
\n
\n
which is when you get a little bit when<\/div>\n<\/div>\n<\/div>\n
\n
\n
you get a little bit more mature when<\/div>\n<\/div>\n<\/div>\n
\n
\n
you get a little bit more experience<\/div>\n<\/div>\n<\/div>\n
\n
\n
after you’re consistent<\/div>\n<\/div>\n<\/div>\n
\n
\n
and you know what your a plus trades are<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re going to<\/div>\n<\/div>\n<\/div>\n
\n
\n
have to ask the risk manager<\/div>\n<\/div>\n<\/div>\n
\n
\n
for more risk when you see an a plus a<\/div>\n<\/div>\n<\/div>\n
\n
\n
plus trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
there there are going to be trades where<\/div>\n<\/div>\n<\/div>\n
\n
\n
where you’re gonna have to put on more<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so today was one of those<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunities in the ev sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
where the top traders were asking for<\/div>\n<\/div>\n<\/div>\n
\n
\n
more risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
and you have to ask for more risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
so the whole point of going through<\/div>\n<\/div>\n<\/div>\n
\n
\n
these exercises<\/div>\n<\/div>\n<\/div>\n
\n
\n
is yeah you want to get consistent and<\/div>\n<\/div>\n<\/div>\n
\n
\n
after you’re consistent you want to know<\/div>\n<\/div>\n<\/div>\n
\n
\n
what your best trades are<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then what we’re going to push you to<\/div>\n<\/div>\n<\/div>\n
\n
\n
do and you’re going to have to do<\/div>\n<\/div>\n<\/div>\n
\n
\n
graham and everybody listening you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to have to do this<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re going to have to ask for more<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk for your a plus a plus trades<\/div>\n<\/div>\n<\/div>\n
\n
\n
absolutely and you’re gonna have to put<\/div>\n<\/div>\n<\/div>\n
\n
\n
it and you’re gonna have to put it on<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah and this is a day or a trade in<\/div>\n<\/div>\n<\/div>\n
\n
\n
which you know i’ll review it later but<\/div>\n<\/div>\n<\/div>\n
\n
\n
i don’t even think i took advantage of<\/div>\n<\/div>\n<\/div>\n
\n
\n
the risk that i do have currently so<\/div>\n<\/div>\n<\/div>\n
\n
\n
definitely room for improvement there<\/div>\n<\/div>\n<\/div>\n
\n
\n
but we’ll get to that as for the<\/div>\n<\/div>\n<\/div>\n
\n
\n
intraday fundamentals<\/div>\n<\/div>\n<\/div>\n
\n
\n
just you know obvious stats about the<\/div>\n<\/div>\n<\/div>\n
\n
\n
about the company that we’re seeing here<\/div>\n<\/div>\n<\/div>\n
\n
\n
most important ones just being arvel<\/div>\n<\/div>\n<\/div>\n
\n
\n
over five very very much in play<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then atr 1.15 which will be you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
some sort of guide for me<\/div>\n<\/div>\n<\/div>\n
\n
\n
as i try and suss out exactly how much i<\/div>\n<\/div>\n<\/div>\n
\n
\n
can squeeze out of this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah so i felt obligated to share this<\/div>\n<\/div>\n<\/div>\n
\n
\n
kind of ugly execution chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
um so on the day of this trade separate<\/div>\n<\/div>\n<\/div>\n
\n
\n
from the overall playbook<\/div>\n<\/div>\n<\/div>\n
\n
\n
on the 8th of october neo had been<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidating within this 21 to 22 band<\/div>\n<\/div>\n<\/div>\n
\n
\n
for<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe a week and a half and on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning of the trade the overall market<\/div>\n<\/div>\n<\/div>\n
\n
\n
was gapping up<\/div>\n<\/div>\n<\/div>\n
\n
\n
and bringing neo with it opening up<\/div>\n<\/div>\n<\/div>\n
\n
\n
above 22 but there was no individual<\/div>\n<\/div>\n<\/div>\n
\n
\n
catalyst behind it<\/div>\n<\/div>\n<\/div>\n
\n
\n
still worth some risk but not as much<\/div>\n<\/div>\n<\/div>\n
\n
\n
was was applied here in this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and what you see here is that my my<\/div>\n<\/div>\n<\/div>\n
\n
\n
entries and my<\/div>\n<\/div>\n<\/div>\n
\n
\n
trades that i took here just make no<\/div>\n<\/div>\n<\/div>\n
\n
\n
real sense well they make sense but<\/div>\n<\/div>\n<\/div>\n
\n
\n
they’re sloppy<\/div>\n<\/div>\n<\/div>\n
\n
\n
so first of all we see here that i took<\/div>\n<\/div>\n<\/div>\n
\n
\n
multiple opening drive attempts and not<\/div>\n<\/div>\n<\/div>\n
\n
\n
really<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking them on properly chasing price up<\/div>\n<\/div>\n<\/div>\n
\n
\n
pretty aggressively<\/div>\n<\/div>\n<\/div>\n
\n
\n
we push out of the opening range and i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to hit it along here and in fact<\/div>\n<\/div>\n<\/div>\n
\n
\n
we stuff right back into the range where<\/div>\n<\/div>\n<\/div>\n
\n
\n
i need to be hitting out for break even<\/div>\n<\/div>\n<\/div>\n
\n
\n
once we get this stuff back into the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning range<\/div>\n<\/div>\n<\/div>\n
\n
\n
and instead i’m trying to dip by and add<\/div>\n<\/div>\n<\/div>\n
\n
\n
a little bit to my position<\/div>\n<\/div>\n<\/div>\n
\n
\n
which quickly uh forces me to stop out<\/div>\n<\/div>\n<\/div>\n
\n
\n
as we re-test low day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then furthermore we go down and i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking okay maybe this is going to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
a different rip setup where<\/div>\n<\/div>\n<\/div>\n
\n
\n
i have to wait for this to bottom out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and really see if i can get some lungs<\/div>\n<\/div>\n<\/div>\n
\n
\n
here with<\/div>\n<\/div>\n<\/div>\n
\n
\n
intelligent risk but that’s not really<\/div>\n<\/div>\n<\/div>\n
\n
\n
what i end up doing and i end up taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
multiple shots at this<\/div>\n<\/div>\n<\/div>\n
\n
\n
and it’s it’s very important to<\/div>\n<\/div>\n<\/div>\n
\n
\n
acknowledge for this different rip<\/div>\n<\/div>\n<\/div>\n
\n
\n
a portion of it i’m gonna be looking to<\/div>\n<\/div>\n<\/div>\n
\n
\n
play against some sort of wick low<\/div>\n<\/div>\n<\/div>\n
\n
\n
but then there’s another portion given<\/div>\n<\/div>\n<\/div>\n
\n
\n
that i think this is an a plus<\/div>\n<\/div>\n<\/div>\n
\n
\n
potential breakout i want to make sure<\/div>\n<\/div>\n<\/div>\n
\n
\n
that i’m still in the position even if<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s some chop<\/div>\n<\/div>\n<\/div>\n
\n
\n
because the name is really crowded so i<\/div>\n<\/div>\n<\/div>\n
\n
\n
acknowledge a 2160<\/div>\n<\/div>\n<\/div>\n
\n
\n
important resistance level from the<\/div>\n<\/div>\n<\/div>\n
\n
\n
previous day that we’re now above and i<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to put a portion of my position<\/div>\n<\/div>\n<\/div>\n
\n
\n
about 50 percent of these dip and rep<\/div>\n<\/div>\n<\/div>\n
\n
\n
shares<\/div>\n<\/div>\n<\/div>\n
\n
\n
against this 2160 and again that’s not<\/div>\n<\/div>\n<\/div>\n
\n
\n
really what i do here instead i’m trying<\/div>\n<\/div>\n<\/div>\n
\n
\n
to<\/div>\n<\/div>\n<\/div>\n
\n
\n
find the recent wick lows and keep<\/div>\n<\/div>\n<\/div>\n
\n
\n
hitting in anticipating that this has to<\/div>\n<\/div>\n<\/div>\n
\n
\n
really break out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and eventually we do get back above 22<\/div>\n<\/div>\n<\/div>\n
\n
\n
but not after<\/div>\n<\/div>\n<\/div>\n
\n
\n
not before i had taken you know a decent<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit of drawdown here<\/div>\n<\/div>\n<\/div>\n
\n
\n
and oversized into these trades so this<\/div>\n<\/div>\n<\/div>\n
\n
\n
was a very frustrating loss and this<\/div>\n<\/div>\n<\/div>\n
\n
\n
breakout didn’t end up working<\/div>\n<\/div>\n<\/div>\n
\n
\n
but it ended up being a really nice<\/div>\n<\/div>\n<\/div>\n
\n
\n
learning opportunity for me for when<\/div>\n<\/div>\n<\/div>\n
\n
\n
this trade actually did set up<\/div>\n<\/div>\n<\/div>\n
\n
\n
so if we check out it daily now this is<\/div>\n<\/div>\n<\/div>\n
\n
\n
the range we were talking about here<\/div>\n<\/div>\n<\/div>\n
\n
\n
we saw neo really strong throughout this<\/div>\n<\/div>\n<\/div>\n
\n
\n
entire pandemic<\/div>\n<\/div>\n<\/div>\n
\n
\n
and pushed to these all-time highs and<\/div>\n<\/div>\n<\/div>\n
\n
\n
was consolidating tightly here<\/div>\n<\/div>\n<\/div>\n
\n
\n
and this is what we were watching again<\/div>\n<\/div>\n<\/div>\n
\n
\n
using the term stalking we were really<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocking this for for multiple days<\/div>\n<\/div>\n<\/div>\n
\n
\n
multiple weeks<\/div>\n<\/div>\n<\/div>\n
\n
\n
and on the day of this trade gapping up<\/div>\n<\/div>\n<\/div>\n
\n
\n
out clearly outside of this range and<\/div>\n<\/div>\n<\/div>\n
\n
\n
this lets me know that you know it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
game time<\/div>\n<\/div>\n<\/div>\n
\n
\n
just a little bit more clearly on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
hourly this is the day of that<\/div>\n<\/div>\n<\/div>\n
\n
\n
failed breakout trade that i just<\/div>\n<\/div>\n<\/div>\n
\n
\n
acknowledged<\/div>\n<\/div>\n<\/div>\n
\n
\n
but this is a much more significant gap<\/div>\n<\/div>\n<\/div>\n
\n
\n
and there’s obviously news driving it as<\/div>\n<\/div>\n<\/div>\n
\n
\n
well<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then as we head into pre-market you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
how far we are outside of this 22 range<\/div>\n<\/div>\n<\/div>\n
\n
\n
and knowing that the context is<\/div>\n<\/div>\n<\/div>\n
\n
\n
different now my job is just to<\/div>\n<\/div>\n<\/div>\n
\n
\n
watch this throughout pre-market figure<\/div>\n<\/div>\n<\/div>\n
\n
\n
out exactly what<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know some levels that i can think to<\/div>\n<\/div>\n<\/div>\n
\n
\n
play off of some levels that have done a<\/div>\n<\/div>\n<\/div>\n
\n
\n
decent bit of volume that i think might<\/div>\n<\/div>\n<\/div>\n
\n
\n
act as inflections because again coming<\/div>\n<\/div>\n<\/div>\n
\n
\n
into<\/div>\n<\/div>\n<\/div>\n
\n
\n
the morning i’m trying to game plan how<\/div>\n<\/div>\n<\/div>\n
\n
\n
am i going to trade this if it’s an<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening drive how am i going to trade it<\/div>\n<\/div>\n<\/div>\n
\n
\n
for<\/div>\n<\/div>\n<\/div>\n
\n
\n
a reversal you know thinking that<\/div>\n<\/div>\n<\/div>\n
\n
\n
similar to the previous different rip<\/div>\n<\/div>\n<\/div>\n
\n
\n
setup where i had it against i think<\/div>\n<\/div>\n<\/div>\n
\n
\n
2160 was the level i acknowledged<\/div>\n<\/div>\n<\/div>\n
\n
\n
i would have it against this 23-15 level<\/div>\n<\/div>\n<\/div>\n
\n
\n
here keeping some of my shares on<\/div>\n<\/div>\n<\/div>\n
\n
\n
against this wider stock thinking that<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know this is an a plus trade i want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to make sure that i leave some with a<\/div>\n<\/div>\n<\/div>\n
\n
\n
wide stop so i can really capture a big<\/div>\n<\/div>\n<\/div>\n
\n
\n
trend day<\/div>\n<\/div>\n<\/div>\n
\n
\n
so trade management this isn’t really<\/div>\n<\/div>\n<\/div>\n
\n
\n
important to read the exact trades<\/div>\n<\/div>\n<\/div>\n
\n
\n
but i just wanted to show that on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning of this trade recognizing<\/div>\n<\/div>\n<\/div>\n
\n
\n
the opportunity it was likely available<\/div>\n<\/div>\n<\/div>\n
\n
\n
i wanted to write out exactly<\/div>\n<\/div>\n<\/div>\n
\n
\n
those three methods i talked about you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know the opening drive the dip and rip<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the consolidation above pre-market<\/div>\n<\/div>\n<\/div>\n
\n
\n
highs<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly what prices i wanted to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
basing it against and more importantly<\/div>\n<\/div>\n<\/div>\n
\n
\n
how many shares i wanted to be taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
and what percentage of my daily stop i<\/div>\n<\/div>\n<\/div>\n
\n
\n
wanted to be risking<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh for each of these different entry<\/div>\n<\/div>\n<\/div>\n
\n
\n
strategies<\/div>\n<\/div>\n<\/div>\n
\n
\n
just also kind of having you know that<\/div>\n<\/div>\n<\/div>\n
\n
\n
memory of the previous<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh the previous failed breakout trade in<\/div>\n<\/div>\n<\/div>\n
\n
\n
which i<\/div>\n<\/div>\n<\/div>\n
\n
\n
didn’t use proper risk management didn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
go through the detail to actually figure<\/div>\n<\/div>\n<\/div>\n
\n
\n
out how many shares i wanted to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking with how much percentage of my<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily stop<\/div>\n<\/div>\n<\/div>\n
\n
\n
so coming into the open you know nothing<\/div>\n<\/div>\n<\/div>\n
\n
\n
to do but really sit on my hands now but<\/div>\n<\/div>\n<\/div>\n
\n
\n
now i am seeing this 2408 level as a<\/div>\n<\/div>\n<\/div>\n
\n
\n
a clear level that’s been tested three<\/div>\n<\/div>\n<\/div>\n
\n
\n
times now so that’s giving me some kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of basis that i can use for<\/div>\n<\/div>\n<\/div>\n
\n
\n
an opening drive trade thinking if we<\/div>\n<\/div>\n<\/div>\n
\n
\n
can take out that level maybe we can<\/div>\n<\/div>\n<\/div>\n
\n
\n
really push and carry through<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’ll scoot forward just a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i’m pretty happy with how this is<\/div>\n<\/div>\n<\/div>\n
\n
\n
just stalling here it would be<\/div>\n<\/div>\n<\/div>\n
\n
\n
harder for me to get in for an opening<\/div>\n<\/div>\n<\/div>\n
\n
\n
drive if we were breaking past this 2408<\/div>\n<\/div>\n<\/div>\n
\n
\n
because that would mess up the morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
range so i’m happy with this staying<\/div>\n<\/div>\n<\/div>\n
\n
\n
tight and leaving the 2408 intact<\/div>\n<\/div>\n<\/div>\n
\n
\n
so now we’re open<\/div>\n<\/div>\n<\/div>\n
\n
\n
and again just sticking to this 2408 now<\/div>\n<\/div>\n<\/div>\n
\n
\n
we see that size and we break through so<\/div>\n<\/div>\n<\/div>\n
\n
\n
i immediately hit in and i think i can<\/div>\n<\/div>\n<\/div>\n
\n
\n
put on big size here<\/div>\n<\/div>\n<\/div>\n
\n
\n
given that my risk is going to be so<\/div>\n<\/div>\n<\/div>\n
\n
\n
tight push above to 24<\/div>\n<\/div>\n<\/div>\n
\n
\n
20. what are you going to risk against<\/div>\n<\/div>\n<\/div>\n
\n
\n
there<\/div>\n<\/div>\n<\/div>\n
\n
\n
graham uh a fallback under 24<\/div>\n<\/div>\n<\/div>\n
\n
\n
or if we just start going back into that<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning range and consolidating bullet<\/div>\n<\/div>\n<\/div>\n
\n
\n
2408<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that’s kind of the mistake i made<\/div>\n<\/div>\n<\/div>\n
\n
\n
first the first mistake i made<\/div>\n<\/div>\n<\/div>\n
\n
\n
on the previous breakout attempt was<\/div>\n<\/div>\n<\/div>\n
\n
\n
that i didn’t cut my shares once we fell<\/div>\n<\/div>\n<\/div>\n
\n
\n
back into this morning range<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so we do here i learned from that<\/div>\n<\/div>\n<\/div>\n
\n
\n
lesson and i begin piecing out of this<\/div>\n<\/div>\n<\/div>\n
\n
\n
position<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i’m out of everything there<\/div>\n<\/div>\n<\/div>\n
\n
\n
good and that’s a good general rule<\/div>\n<\/div>\n<\/div>\n
\n
\n
which is when we buy a breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
we don’t want it to come back into that<\/div>\n<\/div>\n<\/div>\n
\n
\n
range<\/div>\n<\/div>\n<\/div>\n
\n
\n
that we were watching before it’s going<\/div>\n<\/div>\n<\/div>\n
\n
\n
to come back into that range trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
decision there<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly so really help reduce risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
to where i’m actually basically taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
those shares off for breakeven which i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
really happy with because i put myself<\/div>\n<\/div>\n<\/div>\n
\n
\n
in a great opportunity<\/div>\n<\/div>\n<\/div>\n
\n
\n
sure if it’s going to break out if you<\/div>\n<\/div>\n<\/div>\n
\n
\n
buy a breakout trade it should break out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so now i’m just watching these<\/div>\n<\/div>\n<\/div>\n
\n
\n
levels from pre-markets 2370 to 2360-ish<\/div>\n<\/div>\n<\/div>\n
\n
\n
apologize for the watermark here but<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ll be watching the tape anyway<\/div>\n<\/div>\n<\/div>\n
\n
\n
and not looking to hit in too early<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to<\/div>\n<\/div>\n<\/div>\n
\n
\n
see what levels are holding consistently<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i actually hit in some here and i<\/div>\n<\/div>\n<\/div>\n
\n
\n
know that at the time i’m risking<\/div>\n<\/div>\n<\/div>\n
\n
\n
a half against this 2362 and the rest<\/div>\n<\/div>\n<\/div>\n
\n
\n
below this<\/div>\n<\/div>\n<\/div>\n
\n
\n
wick low i believe<\/div>\n<\/div>\n<\/div>\n
\n
\n
but again for these different rips<\/div>\n<\/div>\n<\/div>\n
\n
\n
especially on the the intraday swing<\/div>\n<\/div>\n<\/div>\n
\n
\n
ones where i think it’ll be a big<\/div>\n<\/div>\n<\/div>\n
\n
\n
technical breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
i am looking to hold positions against a<\/div>\n<\/div>\n<\/div>\n
\n
\n
wider stop so that i can keep myself<\/div>\n<\/div>\n<\/div>\n
\n
\n
involved in case it moves without me<\/div>\n<\/div>\n<\/div>\n
\n
\n
still just sitting in this here right<\/div>\n<\/div>\n<\/div>\n
\n
\n
now<\/div>\n<\/div>\n<\/div>\n
\n
\n
not in love with my average price at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
time<\/div>\n<\/div>\n<\/div>\n
\n
\n
but we do seem to be holding that<\/div>\n<\/div>\n<\/div>\n
\n
\n
23-75-ish level fairly well for the time<\/div>\n<\/div>\n<\/div>\n
\n
\n
being<\/div>\n<\/div>\n<\/div>\n
\n
\n
are you thinking about improving your<\/div>\n<\/div>\n<\/div>\n
\n
\n
price yeah and i believe i do that here<\/div>\n<\/div>\n<\/div>\n
\n
\n
actually yeah i ditch<\/div>\n<\/div>\n<\/div>\n
\n
\n
half of those shares for breakeven<\/div>\n<\/div>\n<\/div>\n
\n
\n
because you know i’m hoping that i can<\/div>\n<\/div>\n<\/div>\n
\n
\n
improve my price although<\/div>\n<\/div>\n<\/div>\n
\n
\n
i am a bit worrisome here once we see<\/div>\n<\/div>\n<\/div>\n
\n
\n
this<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah actually i do remember this now and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we pushed back up above that 2408 and<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m starting to get a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
frustrated<\/div>\n<\/div>\n<\/div>\n
\n
\n
but recognizing that you know the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
is still fine and now i can look for if<\/div>\n<\/div>\n<\/div>\n
\n
\n
we pull back<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh and really start to hold higher hold<\/div>\n<\/div>\n<\/div>\n
\n
\n
above maybe 23.90<\/div>\n<\/div>\n<\/div>\n
\n
\n
then i should be looking to add shares<\/div>\n<\/div>\n<\/div>\n
\n
\n
back on yeah and just<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know one of the things you can do<\/div>\n<\/div>\n<\/div>\n
\n
\n
right there is you can buy in front of<\/div>\n<\/div>\n<\/div>\n
\n
\n
75 cents you can buy<\/div>\n<\/div>\n<\/div>\n
\n
\n
in front of 23.75 and just scalp a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
tight stop with the ads<\/div>\n<\/div>\n<\/div>\n
\n
\n
just to get yourself a better price so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you buy 76 cents you kick it out in<\/div>\n<\/div>\n<\/div>\n
\n
\n
front of 24<\/div>\n<\/div>\n<\/div>\n
\n
\n
really really tight stop it just gives<\/div>\n<\/div>\n<\/div>\n
\n
\n
yourself a better price<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah and i think i was a big gun shy at<\/div>\n<\/div>\n<\/div>\n
\n
\n
this point because i was very wary of<\/div>\n<\/div>\n<\/div>\n
\n
\n
doing the same thing where i take too<\/div>\n<\/div>\n<\/div>\n
\n
\n
many shots<\/div>\n<\/div>\n<\/div>\n
\n
\n
but the size wouldn’t have to be as big<\/div>\n<\/div>\n<\/div>\n
\n
\n
as it was in you know the time when i<\/div>\n<\/div>\n<\/div>\n
\n
\n
i went too aggressively<\/div>\n<\/div>\n<\/div>\n
\n
\n
and given the fact that i don’t believe<\/div>\n<\/div>\n<\/div>\n
\n
\n
i take any shares off here<\/div>\n<\/div>\n<\/div>\n
\n
\n
because of the fact that this isn’t the<\/div>\n<\/div>\n<\/div>\n
\n
\n
full size i would like to get up to in<\/div>\n<\/div>\n<\/div>\n
\n
\n
this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and as i said this isn’t really an<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening drive trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i think i can scoot forward a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit so we get above the opening range<\/div>\n<\/div>\n<\/div>\n
\n
\n
are you feeling a lot better about the<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade see we get above<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know we get above that 23<\/div>\n<\/div>\n<\/div>\n
\n
\n
[Music]<\/div>\n<\/div>\n<\/div>\n
\n
\n
20 level 23 20. you know we’re above the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening range<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re in the driver’s seat there no<\/div>\n<\/div>\n<\/div>\n
\n
\n
absolutely so my mindset at this point<\/div>\n<\/div>\n<\/div>\n
\n
\n
especially we<\/div>\n<\/div>\n<\/div>\n
\n
\n
get this pullback and i’m very happy for<\/div>\n<\/div>\n<\/div>\n
\n
\n
it because given this action that we’ve<\/div>\n<\/div>\n<\/div>\n
\n
\n
seen this is one of the main ways that i<\/div>\n<\/div>\n<\/div>\n
\n
\n
would like to get involved for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
breakout trade so this really is setting<\/div>\n<\/div>\n<\/div>\n
\n
\n
up nicely<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m looking for a pullback to get myself<\/div>\n<\/div>\n<\/div>\n
\n
\n
back up to a bigger size<\/div>\n<\/div>\n<\/div>\n
\n
\n
i think i misspoke right it’s 12 24 you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know above that opening right 24 25 yeah<\/div>\n<\/div>\n<\/div>\n
\n
\n
my mistake but once you get above very<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m i’m thinking you want to get longer<\/div>\n<\/div>\n<\/div>\n
\n
\n
do you want to get longer yes and i<\/div>\n<\/div>\n<\/div>\n
\n
\n
believe i do here in the next<\/div>\n<\/div>\n<\/div>\n
\n
\n
one to two minutes yeah and i think you<\/div>\n<\/div>\n<\/div>\n
\n
\n
have to get longer given the setup<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah and so here’s probably where i<\/div>\n<\/div>\n<\/div>\n
\n
\n
should just be hitting in just based on<\/div>\n<\/div>\n<\/div>\n
\n
\n
price<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i do right here 2408 and i get<\/div>\n<\/div>\n<\/div>\n
\n
\n
filled at any second now<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh but now i can pretty comfortably put<\/div>\n<\/div>\n<\/div>\n
\n
\n
everything against 23.75<\/div>\n<\/div>\n<\/div>\n
\n
\n
and given that i’m risking like 10<\/div>\n<\/div>\n<\/div>\n
\n
\n
of my daily stop at this point and<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s really just not enough<\/div>\n<\/div>\n<\/div>\n
\n
\n
can you go back can you stop here can<\/div>\n<\/div>\n<\/div>\n
\n
\n
you just flick back and go<\/div>\n<\/div>\n<\/div>\n
\n
\n
go show us the daily chart again we have<\/div>\n<\/div>\n<\/div>\n
\n
\n
this very large breakout here<\/div>\n<\/div>\n<\/div>\n
\n
\n
so contextually i have to be aware that<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know i shouldn’t be fighting for<\/div>\n<\/div>\n<\/div>\n
\n
\n
15 cents 50 cents<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah we’re above that range right<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re holding above that range<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we really got to be thinking risk on<\/div>\n<\/div>\n<\/div>\n
\n
\n
here<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is risk on right here our mindset<\/div>\n<\/div>\n<\/div>\n
\n
\n
flips<\/div>\n<\/div>\n<\/div>\n
\n
\n
how do we put more risk on and control<\/div>\n<\/div>\n<\/div>\n
\n
\n
our risk overall<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m not nervous here i’m not worried<\/div>\n<\/div>\n<\/div>\n
\n
\n
here i my job’s put on risk here<\/div>\n<\/div>\n<\/div>\n
\n
\n
if it doesn’t work out i’m fine with<\/div>\n<\/div>\n<\/div>\n
\n
\n
that yeah and this is this is what<\/div>\n<\/div>\n<\/div>\n
\n
\n
carlton likes to refer to as planned<\/div>\n<\/div>\n<\/div>\n
\n
\n
losses like if this doesn’t work out and<\/div>\n<\/div>\n<\/div>\n
\n
\n
i lose money on this trade so be it but<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a really fantastic opportunity<\/div>\n<\/div>\n<\/div>\n
\n
\n
and in the long run i’m like printing<\/div>\n<\/div>\n<\/div>\n
\n
\n
money by getting along here<\/div>\n<\/div>\n<\/div>\n
\n
\n
but when i saw the steepness of this<\/div>\n<\/div>\n<\/div>\n
\n
\n
pullback i was just a little bit wary to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get in more<\/div>\n<\/div>\n<\/div>\n
\n
\n
although you know from a risk reward<\/div>\n<\/div>\n<\/div>\n
\n
\n
perspective that is the spot to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
hitting it more<\/div>\n<\/div>\n<\/div>\n
\n
\n
with a pretty obvious risk level<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s not much ambiguity to the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
at this stage<\/div>\n<\/div>\n<\/div>\n
\n
\n
um and i believe that’s the most<\/div>\n<\/div>\n<\/div>\n
\n
\n
important part of the tape we end up<\/div>\n<\/div>\n<\/div>\n
\n
\n
holding up<\/div>\n<\/div>\n<\/div>\n
\n
\n
more and more in this range really can’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
spend time below like 24 10 even<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m so at this point i could also be<\/div>\n<\/div>\n<\/div>\n
\n
\n
adding shares on at this point pretty<\/div>\n<\/div>\n<\/div>\n
\n
\n
reasonably against<\/div>\n<\/div>\n<\/div>\n
\n
\n
this wick low here at like 23 93-ish<\/div>\n<\/div>\n<\/div>\n
\n
\n
so at that point i’m risking what like<\/div>\n<\/div>\n<\/div>\n
\n
\n
25<\/div>\n<\/div>\n<\/div>\n
\n
\n
28 cents for a trade that could easily<\/div>\n<\/div>\n<\/div>\n
\n
\n
give me a point or more<\/div>\n<\/div>\n<\/div>\n
\n
\n
and now we start to get that volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
coming in and the push through<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah so we end up pushing through and i<\/div>\n<\/div>\n<\/div>\n
\n
\n
think that’s about it for<\/div>\n<\/div>\n<\/div>\n
\n
\n
the tape aspect on the way up<\/div>\n<\/div>\n<\/div>\n
\n
\n
we start pushing and i’m just slowly<\/div>\n<\/div>\n<\/div>\n
\n
\n
scaling out of small pieces<\/div>\n<\/div>\n<\/div>\n
\n
\n
so so i mean where do you think this can<\/div>\n<\/div>\n<\/div>\n
\n
\n
go to<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you did a really good job game<\/div>\n<\/div>\n<\/div>\n
\n
\n
planning<\/div>\n<\/div>\n<\/div>\n
\n
\n
this idea you do a really good job of<\/div>\n<\/div>\n<\/div>\n
\n
\n
understanding that hey if it gets above<\/div>\n<\/div>\n<\/div>\n
\n
\n
this technical<\/div>\n<\/div>\n<\/div>\n
\n
\n
resistance area it’s going to go find<\/div>\n<\/div>\n<\/div>\n
\n
\n
higher prices<\/div>\n<\/div>\n<\/div>\n
\n
\n
but in your prep you want to imagine you<\/div>\n<\/div>\n<\/div>\n
\n
\n
want to visualize or<\/div>\n<\/div>\n<\/div>\n
\n
\n
you want to get in your head where can<\/div>\n<\/div>\n<\/div>\n
\n
\n
this go to<\/div>\n<\/div>\n<\/div>\n
\n
\n
if it gets above these prices<\/div>\n<\/div>\n<\/div>\n
\n
\n
we actually know where it went to but<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know what what’s the upside here and<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you can get that in your head<\/div>\n<\/div>\n<\/div>\n
\n
\n
and you do that before you’re actually<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
that will help you you stay in it like<\/div>\n<\/div>\n<\/div>\n
\n
\n
yesterday just as an example we were<\/div>\n<\/div>\n<\/div>\n
\n
\n
playing around with neo<\/div>\n<\/div>\n<\/div>\n
\n
\n
and when we got above 45 which was the<\/div>\n<\/div>\n<\/div>\n
\n
\n
big technical level<\/div>\n<\/div>\n<\/div>\n
\n
\n
we were wondering hey could it go to 50.<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh when it got above 49 uh 35-ish<\/div>\n<\/div>\n<\/div>\n
\n
\n
we wondered hey could it go to 55. we<\/div>\n<\/div>\n<\/div>\n
\n
\n
were in in our head<\/div>\n<\/div>\n<\/div>\n
\n
\n
didn’t quite get there today but but<\/div>\n<\/div>\n<\/div>\n
\n
\n
close but in our head where<\/div>\n<\/div>\n<\/div>\n
\n
\n
we were imagining we were visualizing<\/div>\n<\/div>\n<\/div>\n
\n
\n
where could it go to when you’re above a<\/div>\n<\/div>\n<\/div>\n
\n
\n
technical level when you’re in a stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s hot when you’re in a stock that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
hot in the hot sector<\/div>\n<\/div>\n<\/div>\n
\n
\n
and it’s holding up and it’s above the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opening range<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is at that point i said this before<\/div>\n<\/div>\n<\/div>\n
\n
\n
but at that point<\/div>\n<\/div>\n<\/div>\n
\n
\n
the risk is not putting on enough risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s the risk not that you shouldn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
put stops in you should<\/div>\n<\/div>\n<\/div>\n
\n
\n
but the risk is not putting on the risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
and not that you shouldn’t take sales<\/div>\n<\/div>\n<\/div>\n
\n
\n
not that you shouldn’t take profits into<\/div>\n<\/div>\n<\/div>\n
\n
\n
spikes to the upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
you should but the mindset is<\/div>\n<\/div>\n<\/div>\n
\n
\n
to put risk on with stops and to take<\/div>\n<\/div>\n<\/div>\n
\n
\n
and to take some profits and into rips<\/div>\n<\/div>\n<\/div>\n
\n
\n
but but you you want to then be fearful<\/div>\n<\/div>\n<\/div>\n
\n
\n
that you don’t have enough<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk on it’s just your mindset<\/div>\n<\/div>\n<\/div>\n
\n
\n
completely flips we do all these trades<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re like i wonder if i’m going to lose<\/div>\n<\/div>\n<\/div>\n
\n
\n
i wonder if<\/div>\n<\/div>\n<\/div>\n
\n
\n
i risk too much it flips now in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade it’s i’m spearful that i don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
have enough risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
on i have to put risk on this is my job<\/div>\n<\/div>\n<\/div>\n
\n
\n
now<\/div>\n<\/div>\n<\/div>\n
\n
\n
if i want to be a consistent trader now<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the time to<\/div>\n<\/div>\n<\/div>\n
\n
\n
to be putting that on but i think in<\/div>\n<\/div>\n<\/div>\n
\n
\n
your prep you should be thinking about<\/div>\n<\/div>\n<\/div>\n
\n
\n
where could it go to<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah and i should especially have that<\/div>\n<\/div>\n<\/div>\n
\n
\n
in my mind because this is a trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
that like i precisely had been game<\/div>\n<\/div>\n<\/div>\n
\n
\n
planning in my mind for<\/div>\n<\/div>\n<\/div>\n
\n
\n
literally like a week and a half waiting<\/div>\n<\/div>\n<\/div>\n
\n
\n
and anticipating this exact move<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know and sometimes in something<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s really hot you can just say<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m just gonna let it tell me where it<\/div>\n<\/div>\n<\/div>\n
\n
\n
can go to let me see where it can run to<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe i’ll use<\/div>\n<\/div>\n<\/div>\n
\n
\n
a moving average to help me<\/div>\n<\/div>\n<\/div>\n
\n
\n
get out of a winner but as long as it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
above a moving average<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m going to stay in it you know maybe<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
got a break a significant consolidation<\/div>\n<\/div>\n<\/div>\n
\n
\n
period<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe it’s got a break below view op<\/div>\n<\/div>\n<\/div>\n
\n
\n
as another idea you know maybe it’s got<\/div>\n<\/div>\n<\/div>\n
\n
\n
to get so steep and i define what that<\/div>\n<\/div>\n<\/div>\n
\n
\n
means to be so steep<\/div>\n<\/div>\n<\/div>\n
\n
\n
but but i i flip my mindset too<\/div>\n<\/div>\n<\/div>\n
\n
\n
i got to make sure i have enough risk on<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i flip<\/div>\n<\/div>\n<\/div>\n
\n
\n
the the pressure of getting out at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
right price to<\/div>\n<\/div>\n<\/div>\n
\n
\n
now i’m going to let it show me where i<\/div>\n<\/div>\n<\/div>\n
\n
\n
should get out<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m in the driver’s seat i’m putting<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk on and i’m letting it show me<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know or i’m going to let my system<\/div>\n<\/div>\n<\/div>\n
\n
\n
take me out of the trade does that make<\/div>\n<\/div>\n<\/div>\n
\n
\n
sense<\/div>\n<\/div>\n<\/div>\n
\n
\n
yes definitely you know we only have<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know one or two really big trades a<\/div>\n<\/div>\n<\/div>\n
\n
\n
week<\/div>\n<\/div>\n<\/div>\n
\n
\n
and we want to make sure that we we<\/div>\n<\/div>\n<\/div>\n
\n
\n
capture those opportunities<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re not always going to catch them<\/div>\n<\/div>\n<\/div>\n
\n
\n
but you have to do the right thing<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah and and coming into this trade you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know given the technical setup and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
context the context behind it<\/div>\n<\/div>\n<\/div>\n
\n
\n
my idea really is i should be looking to<\/div>\n<\/div>\n<\/div>\n
\n
\n
capture at least two atr from a move<\/div>\n<\/div>\n<\/div>\n
\n
\n
like this<\/div>\n<\/div>\n<\/div>\n
\n
\n
um and now we’re you know just over an<\/div>\n<\/div>\n<\/div>\n
\n
\n
atr from the lows and i’m down to 50<\/div>\n<\/div>\n<\/div>\n
\n
\n
of my position so i do think that taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
some profits on the way up makes some<\/div>\n<\/div>\n<\/div>\n
\n
\n
sense<\/div>\n<\/div>\n<\/div>\n
\n
\n
but that much is is just overboard<\/div>\n<\/div>\n<\/div>\n
\n
\n
especially given that i’m not full size<\/div>\n<\/div>\n<\/div>\n
\n
\n
anyway i’m not a plus size<\/div>\n<\/div>\n<\/div>\n
\n
\n
but i figured i showed the executions<\/div>\n<\/div>\n<\/div>\n
\n
\n
here and this is the<\/div>\n<\/div>\n<\/div>\n
\n
\n
other side of the trade that needs that<\/div>\n<\/div>\n<\/div>\n
\n
\n
needs major improvement<\/div>\n<\/div>\n<\/div>\n
\n
\n
i know we exchanged some ideas with with<\/div>\n<\/div>\n<\/div>\n
\n
\n
your<\/div>\n<\/div>\n<\/div>\n
\n
\n
your work daily and i i noticed<\/div>\n<\/div>\n<\/div>\n
\n
\n
sometimes when you get frustrated<\/div>\n<\/div>\n<\/div>\n
\n
\n
in your work to me<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’d be super frustrated if i didn’t have<\/div>\n<\/div>\n<\/div>\n
\n
\n
enough risk on an opportunity like this<\/div>\n<\/div>\n<\/div>\n
\n
\n
to me i know you’re really hard on<\/div>\n<\/div>\n<\/div>\n
\n
\n
yourself overly hard on yourself at<\/div>\n<\/div>\n<\/div>\n
\n
\n
times when you don’t need to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is the time to be really hard on<\/div>\n<\/div>\n<\/div>\n
\n
\n
yourself because this is what’s going to<\/div>\n<\/div>\n<\/div>\n
\n
\n
really<\/div>\n<\/div>\n<\/div>\n
\n
\n
move the needle absolutely and like i<\/div>\n<\/div>\n<\/div>\n
\n
\n
said at the beginning of this<\/div>\n<\/div>\n<\/div>\n
\n
\n
this truly is like a month-making<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity and i’m sure there are<\/div>\n<\/div>\n<\/div>\n
\n
\n
people at the firm that did just that<\/div>\n<\/div>\n<\/div>\n
\n
\n
here obviously you need an improvement<\/div>\n<\/div>\n<\/div>\n
\n
\n
with sizing and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking some sales on the way up trying<\/div>\n<\/div>\n<\/div>\n
\n
\n
to keep those pieces small<\/div>\n<\/div>\n<\/div>\n
\n
\n
but once it seemed like things were<\/div>\n<\/div>\n<\/div>\n
\n
\n
getting a little bit too hot taking off<\/div>\n<\/div>\n<\/div>\n
\n
\n
more and more of my position to where i<\/div>\n<\/div>\n<\/div>\n
\n
\n
think i’m down to<\/div>\n<\/div>\n<\/div>\n
\n
\n
somewhere like a third of my position by<\/div>\n<\/div>\n<\/div>\n
\n
\n
the time we get to 2560<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then sitting on my hands wanting to<\/div>\n<\/div>\n<\/div>\n
\n
\n
take the rest as the intraday swing<\/div>\n<\/div>\n<\/div>\n
\n
\n
but the big issue with that is the whole<\/div>\n<\/div>\n<\/div>\n
\n
\n
point of allowing for this big<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidation period<\/div>\n<\/div>\n<\/div>\n
\n
\n
at least a big point of it is that after<\/div>\n<\/div>\n<\/div>\n
\n
\n
we get a pullback<\/div>\n<\/div>\n<\/div>\n
\n
\n
of you know a half an atr and we cleanly<\/div>\n<\/div>\n<\/div>\n
\n
\n
hold v-wap like this<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know i should be looking now to<\/div>\n<\/div>\n<\/div>\n
\n
\n
rebuild this position the play isn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
over we’re now making higher lows again<\/div>\n<\/div>\n<\/div>\n
\n
\n
i need to be looking to put risk back on<\/div>\n<\/div>\n<\/div>\n
\n
\n
and my average price is still going to<\/div>\n<\/div>\n<\/div>\n
\n
\n
be very very strong<\/div>\n<\/div>\n<\/div>\n
\n
\n
so this was in my opinion another<\/div>\n<\/div>\n<\/div>\n
\n
\n
perhaps the biggest mistake in the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
one of at least um and then as we start<\/div>\n<\/div>\n<\/div>\n
\n
\n
pushing to new highs throughout the day<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’m slowly pushing out as we get<\/div>\n<\/div>\n<\/div>\n
\n
\n
a little bit capitulatory so things to<\/div>\n<\/div>\n<\/div>\n
\n
\n
improve<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah so all my initial different group<\/div>\n<\/div>\n<\/div>\n
\n
\n
entries if you remember i cut half of<\/div>\n<\/div>\n<\/div>\n
\n
\n
the shares essentially for<\/div>\n<\/div>\n<\/div>\n
\n
\n
breakeven because i didn’t like my price<\/div>\n<\/div>\n<\/div>\n
\n
\n
at well i said what was it like 24.89<\/div>\n<\/div>\n<\/div>\n
\n
\n
um so when i do that<\/div>\n<\/div>\n<\/div>\n
\n
\n
now on those different shares i have<\/div>\n<\/div>\n<\/div>\n
\n
\n
less than 10 of my daily stop risks<\/div>\n<\/div>\n<\/div>\n
\n
\n
there which just isn’t enough it’s just<\/div>\n<\/div>\n<\/div>\n
\n
\n
not nearly enough<\/div>\n<\/div>\n<\/div>\n
\n
\n
um and then again the biggest area in my<\/div>\n<\/div>\n<\/div>\n
\n
\n
opinion for improvement aside from<\/div>\n<\/div>\n<\/div>\n
\n
\n
sizing<\/div>\n<\/div>\n<\/div>\n
\n
\n
how much should you arrest in this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
how much should you risk going forward<\/div>\n<\/div>\n<\/div>\n
\n
\n
how much should i risk yeah of your<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily stop i think at least 30<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i think i sometimes get a bit too<\/div>\n<\/div>\n<\/div>\n
\n
\n
conservative in what i can put on for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
plus like even 30<\/div>\n<\/div>\n<\/div>\n
\n
\n
might not be big enough probably like<\/div>\n<\/div>\n<\/div>\n
\n
\n
50. yeah and i’ll just tell you swang<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i were talking about a really big<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity today<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the ev sector and he asked for and<\/div>\n<\/div>\n<\/div>\n
\n
\n
put on double his risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
he put on double as his normal intraday<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk so that’s what<\/div>\n<\/div>\n<\/div>\n
\n
\n
we want to get to so we want to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
consistent here<\/div>\n<\/div>\n<\/div>\n
\n
\n
with putting on risk and then that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
where we’re going to get to<\/div>\n<\/div>\n<\/div>\n
\n
\n
absolutely and and like just to kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
highlight how big these opportunities<\/div>\n<\/div>\n<\/div>\n
\n
\n
are is like<\/div>\n<\/div>\n<\/div>\n
\n
\n
this was either my biggest or my second<\/div>\n<\/div>\n<\/div>\n
\n
\n
biggest trade of october and i was<\/div>\n<\/div>\n<\/div>\n
\n
\n
risking less than 10 of my daily stop<\/div>\n<\/div>\n<\/div>\n
\n
\n
so this is where i really have to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
pressing it yeah just getting back to it<\/div>\n<\/div>\n<\/div>\n
\n
\n
a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
i need to be looking to rebuild my<\/div>\n<\/div>\n<\/div>\n
\n
\n
position after that initial morning move<\/div>\n<\/div>\n<\/div>\n
\n
\n
i came into it with the mindset that<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s not just going to be a 30 minute<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a multi-hour setup and one that<\/div>\n<\/div>\n<\/div>\n
\n
\n
going forward when i do get that longer<\/div>\n<\/div>\n<\/div>\n
\n
\n
timeframe account<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is the kind of trade that i want to<\/div>\n<\/div>\n<\/div>\n
\n
\n
be taking for a multi-day<\/div>\n<\/div>\n<\/div>\n
\n
\n
or you know even multi-week swing trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
just given the technical and fundamental<\/div>\n<\/div>\n<\/div>\n
\n
\n
setup that we’re seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
and just just a side note because this<\/div>\n<\/div>\n<\/div>\n
\n
\n
is something i’ve had issues with before<\/div>\n<\/div>\n<\/div>\n
\n
\n
given the steepness that we saw in that<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning up move you do have to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
patient in how you add back into your<\/div>\n<\/div>\n<\/div>\n
\n
\n
positions you don’t want to just be<\/div>\n<\/div>\n<\/div>\n
\n
\n
buying every dip because then you<\/div>\n<\/div>\n<\/div>\n
\n
\n
ruining your average price bringing it<\/div>\n<\/div>\n<\/div>\n
\n
\n
up higher and then the first time we do<\/div>\n<\/div>\n<\/div>\n
\n
\n
get a real significant pullback<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh you’re under water so instead i’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking for those significant pullbacks<\/div>\n<\/div>\n<\/div>\n
\n
\n
at least a quarter of an atr if not more<\/div>\n<\/div>\n<\/div>\n
\n
\n
and putting in those higher lows before<\/div>\n<\/div>\n<\/div>\n
\n
\n
adding shares back on hey let me make<\/div>\n<\/div>\n<\/div>\n
\n
\n
this point let me make this point about<\/div>\n<\/div>\n<\/div>\n
\n
\n
sizing in this way this would be a fun<\/div>\n<\/div>\n<\/div>\n
\n
\n
way to do it<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we had a big opportunity in the ev<\/div>\n<\/div>\n<\/div>\n
\n
\n
sector today<\/div>\n<\/div>\n<\/div>\n
\n
\n
this time was on the short side<\/div>\n<\/div>\n<\/div>\n
\n
\n
obviously at higher prices which we were<\/div>\n<\/div>\n<\/div>\n
\n
\n
chuckling about at the beginning<\/div>\n<\/div>\n<\/div>\n
\n
\n
a lot of traders on the desk you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
put up<\/div>\n<\/div>\n<\/div>\n
\n
\n
ten thousand twenty thousand dollars in<\/div>\n<\/div>\n<\/div>\n
\n
\n
this opportunity today<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the ev names ally uh<\/div>\n<\/div>\n<\/div>\n
\n
\n
neo uh and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
and great so so great that they did that<\/div>\n<\/div>\n<\/div>\n
\n
\n
and we’re spending a lot of time getting<\/div>\n<\/div>\n<\/div>\n
\n
\n
them to think about making a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
more<\/div>\n<\/div>\n<\/div>\n
\n
\n
money in these particular stocks how can<\/div>\n<\/div>\n<\/div>\n
\n
\n
they do it<\/div>\n<\/div>\n<\/div>\n
\n
\n
how could they have done it within their<\/div>\n<\/div>\n<\/div>\n
\n
\n
system i actually put up a tweet<\/div>\n<\/div>\n<\/div>\n
\n
\n
to this effect today saying all right<\/div>\n<\/div>\n<\/div>\n
\n
\n
you made a lot of money in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular name<\/div>\n<\/div>\n<\/div>\n
\n
\n
how do you make 10 more but but i ask<\/div>\n<\/div>\n<\/div>\n
\n
\n
you a question and maybe you know the<\/div>\n<\/div>\n<\/div>\n
\n
\n
answer to this so we had a lot of guys<\/div>\n<\/div>\n<\/div>\n
\n
\n
who put up 10 and 20 in in in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity today right what do you<\/div>\n<\/div>\n<\/div>\n
\n
\n
think the biggest traders at the desk<\/div>\n<\/div>\n<\/div>\n
\n
\n
mate<\/div>\n<\/div>\n<\/div>\n
\n
\n
what do i think they made yeah so a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
of guys put up 10 and 20.<\/div>\n<\/div>\n<\/div>\n
\n
\n
what are the biggest traders at the firm<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i think this puts it in context<\/div>\n<\/div>\n<\/div>\n
\n
\n
of how important it is to get big in<\/div>\n<\/div>\n<\/div>\n
\n
\n
trades like this because you do a great<\/div>\n<\/div>\n<\/div>\n
\n
\n
job graham of identifying a terrific a<\/div>\n<\/div>\n<\/div>\n
\n
\n
plus opportunity a terrific job<\/div>\n<\/div>\n<\/div>\n
\n
\n
but i want to just highlight<\/div>\n<\/div>\n<\/div>\n
\n
\n
the importance that this makes<\/div>\n<\/div>\n<\/div>\n
\n
\n
to your p l by putting on enough risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
what’s the difference<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh i mean i i would guess that the they<\/div>\n<\/div>\n<\/div>\n
\n
\n
were making somewhere in the vicinity of<\/div>\n<\/div>\n<\/div>\n
\n
\n
mid-six figures that would be my guess<\/div>\n<\/div>\n<\/div>\n
\n
\n
yes<\/div>\n<\/div>\n<\/div>\n
\n
\n
yes the the best traders you know put up<\/div>\n<\/div>\n<\/div>\n
\n
\n
over half a million dollars<\/div>\n<\/div>\n<\/div>\n
\n
\n
you got and you guys are watching that<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity too right and it was a<\/div>\n<\/div>\n<\/div>\n
\n
\n
pretty good opportunity<\/div>\n<\/div>\n<\/div>\n
\n
\n
the best traders put up over half a<\/div>\n<\/div>\n<\/div>\n
\n
\n
million dollars 100 percent<\/div>\n<\/div>\n<\/div>\n
\n
\n
several of them and so it it is the<\/div>\n<\/div>\n<\/div>\n
\n
\n
difference between making 10 and 20<\/div>\n<\/div>\n<\/div>\n
\n
\n
or half a million dollars in a trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
more and and and so that’s why we talk<\/div>\n<\/div>\n<\/div>\n
\n
\n
about this stuff now for you the numbers<\/div>\n<\/div>\n<\/div>\n
\n
\n
are going to be a little bit lower and<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s fine but it’s still the same<\/div>\n<\/div>\n<\/div>\n
\n
\n
process and you did a lot right<\/div>\n<\/div>\n<\/div>\n
\n
\n
in this trade did a great job of seeing<\/div>\n<\/div>\n<\/div>\n
\n
\n
it great job of setting it up<\/div>\n<\/div>\n<\/div>\n
\n
\n
great job of thinking through it great<\/div>\n<\/div>\n<\/div>\n
\n
\n
job of understanding where you can put<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk on<\/div>\n<\/div>\n<\/div>\n
\n
\n
but you will neck but and look it takes<\/div>\n<\/div>\n<\/div>\n
\n
\n
time<\/div>\n<\/div>\n<\/div>\n
\n
\n
next time we want you to put on 10 more<\/div>\n<\/div>\n<\/div>\n
\n
\n
though okay<\/div>\n<\/div>\n<\/div>\n
\n
\n
absolutely actually maybe more next time<\/div>\n<\/div>\n<\/div>\n
\n
\n
yeah i think i think more<\/div>\n<\/div>\n<\/div>\n
\n
\n
hey go ahead and click our subscribe<\/div>\n<\/div>\n<\/div>\n
\n
\n
button so you don’t miss any of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
videos they were producing for you and<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trading community and please take<\/div>\n<\/div>\n<\/div>\n
\n
\n
the time to add your feedback in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
comments section for what videos you’d<\/div>\n<\/div>\n<\/div>\n
\n
\n
like for us to produce next<\/div>\n<\/div>\n<\/div>\n
\n
\n
and what you found helpful from this<\/div>\n<\/div>\n<\/div>\n
\n
\n
video from all of us at smb<\/div>\n<\/div>\n<\/div>\n
\n
\n
train and trade well<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

There are certain trades that require RISK ON. They do not come often. You must be ready. They can make your trading month. In this video, a trader from the desk shares an A+ technical analysis trade that requires maximum risk. Let\u2019s get to work on sharing these important trading lessons so you can grow your trading account. * no … Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":50276,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-50275","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"\nA technical analysis trade that requires RISK ON | 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\/a-technical-analysis-trade-that-requires-risk-on\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A technical analysis trade that requires RISK ON | SMB Training\" \/>\n<meta property=\"og:description\" content=\"There are certain trades that require RISK ON. They do not come often. You must be ready. They can make your trading month. In this video, a trader from the desk shares an A+ technical analysis trade that requires maximum risk. Let\u2019s get to work on sharing these important trading lessons so you can grow your trading account. * no ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\" \/>\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=\"2020-11-16T20:04:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"smbcapital\" \/>\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=\"smbcapital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"31 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"A technical analysis trade that requires RISK ON\",\"datePublished\":\"2020-11-16T20:04:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\"},\"wordCount\":6420,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg\",\"articleSection\":[\"Free Daily Trading Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\",\"name\":\"A technical analysis trade that requires RISK ON | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg\",\"datePublished\":\"2020-11-16T20:04:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A technical analysis trade that requires RISK ON\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\",\"name\":\"smbcapital\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A technical analysis trade that requires RISK ON | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on","og_locale":"en_US","og_type":"article","og_title":"A technical analysis trade that requires RISK ON | SMB Training","og_description":"There are certain trades that require RISK ON. They do not come often. You must be ready. They can make your trading month. In this video, a trader from the desk shares an A+ technical analysis trade that requires maximum risk. Let\u2019s get to work on sharing these important trading lessons so you can grow your trading account. * no ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2020-11-16T20:04:54+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg","type":"image\/jpeg"}],"author":"smbcapital","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"smbcapital","Est. reading time":"31 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on"},"author":{"name":"smbcapital","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a"},"headline":"A technical analysis trade that requires RISK ON","datePublished":"2020-11-16T20:04:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on"},"wordCount":6420,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg","articleSection":["Free Daily Trading Video"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on","url":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on","name":"A technical analysis trade that requires RISK ON | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg","datePublished":"2020-11-16T20:04:54+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/11\/risk-on-A-PLUS-Trade.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/a-technical-analysis-trade-that-requires-risk-on#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"A technical analysis trade that requires RISK ON"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a","name":"smbcapital","url":"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/50275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/290"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=50275"}],"version-history":[{"count":2,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/50275\/revisions"}],"predecessor-version":[{"id":50278,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/50275\/revisions\/50278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/50276"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=50275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=50275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=50275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}