Crude oil’s sell-off to 67.00 was within the daily price movement range for the week. How do we use this for easy exits? That’s the topic of this video! Great pointers for traders struggling with profit targets.
Scanning the daily time frame with some of the corrections we’re seeing is showing setups in copper, aussie, dollar, bonds, and more.
In this video, we look at the indexes and how they have sold off from the all-time highs. We also talk about what this could mean for your portfolio.
Controlling risk BEFORE the entry is key to the Exits 1st Mindset and this winner in crude oil is no different. See what the process is and how to recognize the setup.
It’s a theme that winning traders have. Think about exits first. I walk you through how that dictates entries, position size and risk. Also, MSFT, NASDAQ, JPM, XLY, and stop loss calculations for daytrading.
It’s important to know this week which stocks will follow the market vs. which ones will do their own thing.