Stay Profitable on the Highway to the Danger Zone
By Brandon Chapman, CMT
Heads up: Don and I are going live on Wednesday to show everyone the "Squeeze Bar" strategy I used to go 18 for 18 in trades. We'll look at some different plays tonight.
You remember the movie Top Gun? When Maverick has a bogey on his six, and he hits the brakes to let the bad guy fly past him… and squarely into his gunsights?
It pays to be nimble and cultivate your ability to change direction in a hurry.
If you've been paying attention, you're up to speed on all the news coming from Iran and Israel, the civil strife and unrest in the US and abroad.
So far, this market's summer has been heavily news-driven - "headline sensitive," if you will - and that doesn't look like it's ending anytime soon.
It seems like maybe Maverick's sweet piloting skills are something we should all aim for, but that's not necessarily true.
Being nimble doesn't have to mean always walking a tightrope successfully. Sometimes it's enough to find areas of strength to position yourself so you can be wrong in the very near-term, but still make money before expiration.
So let's maneuver into position for today. Uranium shares are surging, but there are signs the industry is about to move. We'll talk about that and much more in tonight's video.
Here we go…
0 Response to "TheoTrade Daily: Stay Profitable on the Highway to the Danger Zone"
Post a Comment